Does Alibaba have virtual currency
in the era of material abundance, money can buy what you want and enrich your life. Therefore, people have a dream of realizing wealth freedom and entering a better life there are many such dreams, which are often used. With the development of the Internet, online transactions have become more convenient and fast, people's financial management ideas have improved, and they will take spare money to invest, but the bank interest is low, the fund will not choose, and the stock water is too deep. Generally speaking, the income can't tempt greedy people
1. It is illegal to have a financial trading platform that is not recognized by China Securities Regulatory Commission and China Banking and Insurance Regulatory Commission. With the concept of blockchain being put forward, virtual currency has become popular. In China, there are bitcoin, Leyte coin, Ruitai coin, etc. the income of these virtual currencies has been blown to be amazing. People who listen to these virtual currencies will be envious and have new illusions. They don't know that this is just a Ponzi scheme, and the virtual currency trading platform will trick investors into inviting them, After the investors' funds are cheated, there will be a series of figures. Some of them will fall sharply as soon as they buy, and smart people can stop losses. Some of them will go up sharply when they buy, and investors will continue to add chips, and finally they can't cash out
in 2013, China's central bank and other five ministries and commissions issued bitcoin risk notice, which clearly defined bitcoin as a special Internet commodity. People can buy and sell bitcoin freely at their own risk. At present, financial institutions are not allowed to carry out bitcoin related business
at present, the more popular virtual currencies are bitcoin, Laite coin, Fuyuan coin and doggy coin.
big companies like Alibaba also disdain to cooperate with such small companies. Moreover, there are no major news media reports, which is also unreasonable.
Background: the financial application of blockchain technology brings high investment value
2018 China international big data instry Expo opened in Guiyang City, Guizhou Province on the 26th. At the meeting, it was pointed out that China will vigorously develop the digital economy in the future, deeply implement the action plan for the development of big data and cloud computing, and deeply study blockchain technology and application. Especially in the field of finance, the landing application has become the focus of the scientific and financial circles
1. The value source of blockchain is that it can perfectly solve the pain points of the current financial instry:
in today's asset securitization, insurance, supply chain finance, commodity trading, asset custody and other financial scenarios, e to many participants, high cost of credit evaluation, low settlement efficiency of intermediary institutions and other reasons, Traditional financial service methods are difficult to effectively solve the long-standing core pain points in the instry, such as information asymmetry, complex and rendant processes, and high information verification cost
2. Why can blockchain solve the above pain points:
blockchain technology integrates many basic technologies, such as distributed accounting, tamper proof, built-in contract, etc., and constructs a trust building mechanism with lower cost. The financial application based on blockchain technology can realize the ability of all market participants to obtain all transaction information and asset ownership records in the market without discrimination, and effectively solve the problem of information asymmetry; Smart contract embedding reces the error rate of payment and settlement, simplifies the process and improves efficiency; At the same time, based on transparent information and brand-new trust mechanism, there is no need to spend manpower, material resources and financial resources to confirm information among participants, which will greatly rece the trust cost between institutions, and then rece the price of financial services and transaction costs
3. The application of blockchain technology in the financial field mainly includes the following aspects:
① digital currency
among which bitcoin is the most famous. On the basis of bitcoin, a large number of other types of decentralized digital currencies have been derived. Such as: the heyday of bits
Compared with the traditional payment system, blockchain payment can directly carry out end-to-end payment for both parties without the help of the banking system, which can greatly improve the speed and rece the cost③ digital bills
④ bank credit management: the advantage of blockchain is that it can rely on program algorithm to automatically record credit related information and store it on every computer in the blockchain network, with transparent information, tamper proof and low cost
The major financial institutions and exchanges in Europe and the United States have explored the application research of building the next generation of financial asset trading platform based on blockchain technology4. The development prospect of blockchain. The future development of blockchain technology will have the most vitality with alliance chain as the entry point, and will have a significant effect and far-reaching impact on the transformation of traditional financial instry pain points
in response to the good investment prospects of blockchain, domestic enterprises such as Alibaba, Jingdong and Netcom have entered the market. The application of financial scenarios based on blockchain technology not only brings us security and convenience, but also provides us with broader investment space. The rise and price surge of digital currency represented by bitcoin (bitcoin was about RMB 20 cents when it was first listed in 2009, and its current price is about US $7300!) It's the best proof that people with a keen sense of smell have made a lot of money from it
Abstract: This is an encrypted digital currency based on the bitcoin developed by Nakamoto Tsung, which improves and adds many new functions, such as the double-layer reward system network, also known as the main node network. It also includes anonymous payment to improve the interchangeability (bitage) and real-time payment function docking to realize real-time transaction confirmation without relying on the authority of the center (P2P mall) In 2009, Nakamoto put forward the concept of bitcoin. Since then, bitcoin has spread rapidly in mainstream applications and commercial uses, becoming the first digital currency to attract a large number of users, which is a milestone in the history of digital currency. However, from the perspective of completing the transaction, we can find an important problem, that is, it takes too long for bitcoin block to confirm the transaction. Traditional payment companies have found a solution to enable the buyer and the seller to realize zero confirmation of bitcoin transaction, but this solution usually requires a trusted third party to complete the transaction outside the agreementbitcoin provides pseudonym transaction, realizes the one-to-one transaction relationship between sender and receiver, and can always record the transactions occurred in the whole network. Bitcoin only provides low-level privacy protection, which is well known in academia. Despite this deficiency, many people still believe in the transfer history recorded by blockchain
based on Nakamoto's achievements, bitshengshi is an encrypted digital currency with the purpose of protecting privacy. We have made a series of improvements on the basis of the concept of bitcoin, resulting in a decentralized cryptocurrency with good anonymity. It supports tamper proof real-time transactions, and has a point-to-point sub network that can provide service reward system for bitsheng network
2. Master node network
the whole node is the server running on the P2P network, so that small nodes can use them to accept the dynamic changes from the whole network. These all nodes need significant traffic and other resources that consume a lot of cost. Therefore, it will be observed that the number of these nodes on the bitcoin network presents a steady downward trend over a period of time, so that the block broadcast time needs an additional 40 seconds. In order to solve this problem, many solutions have been put forward, such as the introction of Microsoft Research's new incentive plan and bitnodes incentive plan
Figure 6: Mining reward model
The essential value of any kind of currency is that it can be used as the value scale to measure other things and has stability. The virtual currency here is not game currency, but a digital cryptocurrency like bitcoin. The bottom layer uses blockchain technology, which has the characteristics of decentralization, information tampering and anonymity. At present, cryptocurrency headed by bitcoin can not bear the property of currency. It is not fair to conclude that there is no value
a consensus has been reached in the currency circle by default, that is, bitcoin is similar to diamonds in the real world. The value of diamonds is given by businessmen, and it has been agreed that diamonds can symbolize love and have practical properties. Mining diamonds and gold also need to consume a lot of costs, but it is because a lot of costs are consumed that the constant intrinsic value of diamonds and gold can be ensured. The resources that can be obtained casually are prone to inflation< br />
The fall in 2018 makes investors return to rationality, which is actually concive to the standardized development of the currency circle. Now, regardless of the practical value of digital currency, this capital harvest makes investors further understand the importance of risk management. Money circle and Internet Finance allow investors to see that they are profitable, so they don't have to think about investing in it. It is ultimately their own loss. Whether this bear market can make investors understand the essence of money circle is still unknown. However, the future development of the coin circle still needs government regulation, as well as the regular operation of platforms and projects. Of course, only with the support of capital can the coin circle develop healthily and systematically. Therefore, capital outflow is the biggest reason for bitcoin's sharp decline.
B2B (business to business) is the exchange of procts, services and information between enterprises through the Internet. At present, the development of B2B based on the Internet is very fast. According to the latest statistics, at the beginning of this year, the transaction volume of B2B on the Internet has far exceeded that of B2C. In the next five years, B2B will reach an average annual growth rate of 41%. By 2004, the global B2B transaction is expected to reach $7.29 trillion
the traditional transaction between enterprises often consumes a lot of resources and time, and takes up the cost of procts whether it is sales and distribution or procurement. Through B2B transaction, buyers and sellers can complete the whole business process on the Internet, from establishing the initial impression, comparing three goods to bargaining, signing and delivery, and finally to customer service. B2B makes the transaction between enterprises rece a lot of transactional workflow and management costs, and reces the operating costs of enterprises. The convenience and extension of the network make the enterprise expand the scope of activities, the development of enterprises across regions and borders more convenient, and the cost is lower
B2B is not only to establish a group of online buyers and sellers, but also to provide a basis for strategic cooperation between enterprises. It is impossible for any enterprise to realize B2B alone, no matter how strong its technical strength or how good its business strategy is. The era of fighting alone has passed, and the establishment of cooperative alliance among enterprises has graally become a development trend. The network makes the information flow unimpeded. Enterprises can establish complementary and mutually beneficial cooperation in market, proct or operation through the network, form horizontal or vertical business integration, and truly achieve the mode of global operational research management with larger scale, stronger strength and more economic operation< At present, B2B adopted by enterprises can be divided into the following two modes:
1. Vertical B2B can be divided into two directions, namely upstream and downstream. Manufacturers or commercial retailers can form supply relations with upstream suppliers. For example, Dell computer company cooperates with upstream chip and motherboard manufacturers in this way. Manufacturers and downstream distributors can form a sales relationship, such as the transaction between Cisco and its distributors
2. This kind of transaction mode is horizontal B2B. It concentrates the similar transaction process in various instries into one place and provides a transaction opportunity for the purchasers and suppliers of enterprises, such as Alibaba, global resource network, etc
B2B is just a beginning for enterprises to realize e-commerce, its application will be continuously developed and improved, and adapt to the needs of enterprises in all instries
at present, enterprises need common support of many systems to realize perfect B2B, such as manufacturing enterprises need to have financial system, ERP system, SCM system, CRM system, etc., and these systems can be organically integrated together to realize information sharing and complete automation of business process. To achieve such a system, enterprises need to invest a considerable amount of human, material and financial resources, and most small and medium-sized enterprises will be deterred from such a large investment. Considering the characteristics of these enterprises, Xinnet provides enterprises with affordable B2B e-commerce solutions
on the one hand, enterprises can use the procts provided by Xinnet to realize B2B step by step, from low-end to high-end, from single to comprehensive. For example, distributors can use the new network's DRP system according to the main characteristics of business, commercial enterprises can use the new network's SCM system, and enterprises focusing on sales, services and other businesses can use the CRM system
on the other hand, considering the capital and personnel constraints of some small and medium-sized enterprises, Xinnet will provide enterprise users with Internet-based software hosting, distribution, management application leasing and related services in the form of ASP application software service providers. Enterprise users can fully entrust the infrastructure, business operation and application management required by business applications to application service providers such as Xinnet. It enables users to get high-quality technology and service guarantee in the way of low-cost investment, so as to ensure the smooth implementation of enterprise e-commerce strategy
B2B is the best entry point for enterprises to realize e-commerce and promote business development. The most direct benefit for enterprises is to rece costs and improve efficiency, which can also bring huge returns in the long run. Compared with the past, more and more attention has been paid to the combination with information technology in the overall strategy of enterprises. The CEOs of the company realize that they must do something to maintain the competitiveness of the enterprise. Information technology is increasingly vital to enterprises. New information technology investment can really enhance the strength of enterprises, not only improve their daily operation.