区块链为何会引起热潮呢,区块链为何会引起热潮的原因

1. Can Axie Infinity, a blockchain game with 350,000 daily users, trigger a "chain game craze"

It is possible, and it can be seen that people are paying great attention to it now As more people pay attention to the development of regional chains, the future development prospects will be particularly good.

2. Is there a war to grab people in blockchain?

Blockchain has become a hot trend. Although focusing only on the trend will often lead to the loss of a forest, any change in the trend will Generating new dividends. At this time, the word "change" spread rapidly: investment institutions, hedge funds, listed companies, academia, top technical personnel, and ordinary job seekers were all involved. A large number of newly established investment institutions have poured into this vigorous investment feast, and competition for talents has become a key to the current layout of the blockchain. So, who loses and wins in this game?

Funds rush to enter: tens of millions of yuan in financing is no longer surprising

How fast does capital rush enter the blockchain market? ?

“The most popular programming languages ​​​​for blockchain development are C++ and Go, and talents who are proficient in cryptography and distributed computing also have innate advantages for blockchain development. "Ding Song said, "I have never studied blockchain, but I have studied and studied in this area for a long time." Regarding the newly entered blockchain training institution, Ding Song revealed that the salary offered by the company is also very "special." : In addition to a small fixed salary, there is a floating bonus of 0.1 to 0.35 Bitcoins every month. When recruiting, "having speculated in coins" has become a bonus.

“Using Bitcoin as a salary, to put it bluntly, even the salary is full of uncertainty, just like this industry. I feel that I am still young and can take a gamble, but I don’t see much of the future. Clear." In Ding Song's view, the popularity of a new thing will naturally be mixed with irrational bubbles, but what can survive in the end must be something truly valuable. However, what is the chance of winning if you invest blindly?

3. What is the chaos of the blockchain craze?

According to reports, as the blockchain changes from aloof and obscure to The professional term has turned into a hot topic that is popular among the people. Many merchants with keen sense of smell are trying their best to seize the opportunity and use various fancy "hot spots" to take advantage of the opportunity to attract money. Behind the overwhelming pursuit of resources and capital from all parties, there may be a tangle of excitement and anxiety: seize the spotlight or pop the bubble?

Why is it so popular? It is reported that the "Traffic Ore Box" is an entry-level "mining artifact", which can be said to be mined using the sharing economy. It mainly collects and utilizes idle broadband resources and rewards users through the blockchain digital asset LLT of traffic ore. The digital asset LLT can be exchanged for shopping cards and recharged for electricity bills, phone bills, Internet bills, etc., to obtain certain real benefits.

Behind the heated discussion among the people, it is difficult to hide the entanglements and worries of all walks of life about the future fate of blockchain. “On the one hand, everyone realizes that blockchain has a promising future as a new technology and wants to seize the opportunity.However, because it is a new thing and there are many uncertainties, there is a certain risk of bubbles. "Industry insiders admit that in the context of blockchain technology that is not yet mature, for some institutions that are "running into the game", how to cross the river by feeling the stones while guarding against "bad money driving out good money" is worthy of further consideration and consideration. Pay attention.

4. Blockchain has become a new pyramid scheme, what exactly is blockchain?

Some time ago, a photo of a Chinese aunt appearing at a blockchain conference was posted online It went viral and sparked heated discussions for a while, with netizens saying: “Aunts have been targeted by the blockchain. "In fact, since a few years ago, when the concept of blockchain came out, some criminals have carried out pyramid schemes in the name of blockchain, becoming one of the latest variants of pyramid schemes. In fact, against the With the development of blockchain, various virtual currencies have also emerged. Most of them are scams. Scammers carry out scams in the name of "virtual currency" and "blockchain". This mainly takes advantage of investors who do not understand virtual currencies. , blockchain, but want to catch up with the virtual currency investment boom. This scam seems complicated, but it is actually very simple, but once you are fooled, it is difficult to recover your investment.

In short, blockchain technology is not actually a scam, but has been used by scammers to take advantage of information asymmetry to deceive investors.

5. Now blockchain is so Fire, want to know what blockchain is?

What is blockchain? Blockchain refers to a technical solution that collectively maintains a reliable database through decentralization and trustlessness. The concept of blockchain first appeared in a paper "Bitcoin: A Peer-to-Peer Electronic Cash System" written by Satoshi Nakamoto, the founder of Bitcoin, in 2008. To put it simply, blockchain is a kind of public accounting Technology was born to solve the trust cost we incur in transactions.
What is blockchain? Blockchain technology is a way for all people to participate in accounting. There is a database behind all systems. You can think of the database as a big ledger. Then who keeps the ledger becomes very important. Currently, it is whoever owns the system who keeps the ledger. WeChat’s ledger is kept by Tencent, and Taobao’s ledger is kept by Alibaba. But now in the blockchain system, everyone in the system can have the opportunity to participate in accounting. If there are any data changes within a certain period of time, everyone in the system can come to do accounting, and the system will judge whether there are any changes in the data within a certain period of time. The person with the fastest and best accounting records will write the contents of his records into the ledger, and send the contents of the ledger to all other people in the system for backup during this period. In this way, everyone in the system will have a complete ledger. .In this way, we call it blockchain technology.
What is blockchain? For example, in our daily online shopping, the money paid after selecting the goods and placing an order will first be sent to a third party Payment platform: After the seller delivers the goods and the buyer confirms receipt, the third-party payment platform will transfer the money to the seller's account.
When a transaction occurs between a buyer and a seller, the system will publish the transaction information between them in the form of broadcast. The person who receives this message will record the transaction after confirming that the information is correct, that is, the person who receives the message has made a data backup for this transaction.
For example, if Zhang Ergou buys an inflatable doll online, the system will hold a loudspeaker and shout loudly in the village: "Zhang Ergou bought an inflatable doll." After the "villagers" heard the broadcast and confirmed it was correct, they took out a notebook and wrote it down. Zhang Ergou bought an inflatable doll. The recorded information here is like a data backup for this transaction. Going back to today's online shopping, if there is a problem with Zhang Ergou's order and the Alipay system fails to record the transaction, then Li Goudan's money will be wasted. On the blockchain, if there is a problem with the order, because the early system used the loudspeaker to broadcast everywhere that Zhang Ergou bought the inflatable doll, so countless people recorded the transaction information, there will be no system failure that cannot be recorded. Transaction record status.
What is blockchain? Blockchain technology is currently very popular, especially in the financial world. Ant Financial, LeTV Finance, Wanda, Ping An, Minsheng, etc. have successively tested blockchain projects, and European crowdfunding has taken the lead in using blockchain. At the forefront of technology.
Blockchain is a large-scale, decentralized economic organization model implemented by a set of technologies.
Bitcoin is a practical embodiment of blockchain technology, which is more accurate than the former.
In fact, whether it is blockchain or Bitcoin, everyone is more concerned about the currency itself, which currency is more profitable, and how to join it.
What is blockchain? Blockchain has attracted widespread attention because it has changed the original economic organization model in many fields. For example, in the issuance and circulation of currency, the core role of the banking system has been reduced, and the organizational methods between central banks, commercial banks and users have undergone major changes; in the Ethereum ERC20 token system, the blockchain has comprehensively changed the securities Although the organizational model among issuers, participants at all levels, and regulators brings some problems, it also improves the efficiency of securities issuance and circulation.
People are now exploring the application of blockchain in various economic fields. Essentially, they are also looking for ways to use blockchain to adjust or innovate the original economic organization methods of enterprises, industries, and regions, and to find new ways to reduce costs and increase profits. way. Regarding blockchain as an economic organization model, it can be extended downward to its implementation technology, and upward to its impact on social organization and social consciousness. It is easier to understand the complex social impact brought by blockchain.

6. Which companies are related to the blockchain hype craze?

Many listed companies have rushed to clarify the blockchain hype craze

In the past week, Blockchain concept stocks have set off a wave of speculation in the A-share market. Individual stocks have continued to rise. Dozens of listed companies have issued announcements. Some have clarified related businesses, while others have intentionally or unintentionally "coaxed" into the blockchain concept. .

In addition, dozens of companies including Aikang Technology, Donggang Co., Ltd., Shenzhou Taiyue, Hailian Jinhui, and Boss Software have also issued announcements. Wind statistics show that since this year, the Wind blockchain concept index has increased by more than 15.89%. In overseas markets, stocks involving the blockchain concept have skyrocketed overnight. On January 4, Chinese concept stock ChinaNet Online announced that it would implement blockchain technology applications. The stock soared 698% overnight. Taking 2018 as the range, the cumulative increase in the stock in just nine trading days has reached 340.37%.

It is reported that although the industry generally recognizes the potential of blockchain technology, as far as many listed companies in the A-share market are concerned, it is still at a relatively preliminary level. In response to the market's hype about the concept of blockchain, in the past week, the Shanghai Stock Exchange has issued letters of inquiry to Shangying Global and Youjiu Games, requiring them to disclose the research progress, commercial application scenarios and profit models of blockchain technology, and Combined with the current maturity of marketization and commercialization of blockchain technology, investors are fully warned of risks.

7. What is blockchain and what are its uses? Will it become a new trend?

Three questions about blockchain (economic hot spots)

In recent times, relevant Bitcoin news is very eye-catching, and blockchain has also become popular. In the capital market, the stock prices of various blockchain concept stocks rise and fall like a thrilling roller coaster. It can be seen from the responsive capital market that blockchain is on the forefront and has received great attention from all parties.

"Blockchain technology is essentially a database technology, specifically a ledger technology. The ledger records the asset changes and transactions of one or more accounts. In fact, it is A database with the simplest structure. The running accounts we usually write down in small notebooks and the statements sent by the bank are all typical account books." Wang Jun, chief researcher of Tencent Financial Technology Think Tank, said that security is an aspect of blockchain technology. Its major features are mainly reflected in two aspects: first, the distributed storage architecture, the more nodes, the higher the security of data storage; second, its tamper-proof and decentralized ingenious design, it is difficult for anyone to not follow the rules change the data.

Take online shopping transactions as an example. The traditional model is that the buyer purchases the goods and then transfers the money to the intermediary platform of a third-party payment institution. After the seller ships the goods and the buyer confirms receipt, the buyer will then notify the payment The institution transfers the money to the seller's account. The transaction model supported by blockchain technology is different. Buyers and sellers can trade directly without going through any intermediary platform. After the buyer and seller trade, the system releases the transaction information through broadcast. All hosts that receive the information record the transaction after confirming that the information is correct, which is equivalent to all hosts making data backups for this transaction. Even if there is a problem with a certain machine in the future, it will not affect the data recording, because there are countless machines as backup.

When it comes to blockchain, many people associate it with Bitcoin, and many people even equate blockchain with Bitcoin. He Fei said that Bitcoin is a presentation method of blockchain.But blockchain is not the same as Bitcoin. Blockchain is the underlying technology and infrastructure of Bitcoin, and Bitcoin is a successful application of blockchain, but it does not mean that blockchain can only be applied to Bitcoin.

What is the use of blockchain?

It can solve the pain points and difficulties in many fields such as finance, public welfare, supervision, and anti-counterfeiting, but there are many applicable conditions

Financial services are the first application field of blockchain technology. The use of blockchain technology can solve pain points in many fields such as payment, asset management, and securities.

Take the payment field as an example. The cost of reconciliation, clearing, and settlement between financial institutions, especially cross-border financial institutions, is high and involves many manual processes. The high fees also make it difficult to carry out micropayment business. The application of blockchain technology can help reduce the cost of reconciliation and dispute resolution between financial institutions, and significantly improve the processing efficiency of payment services. In addition, the cost and efficiency advantages that blockchain technology brings to the payment field enable financial institutions to better handle small-amount cross-border payments that were previously considered unrealistic due to high costs, helping to achieve inclusive finance.

For example, in order to solve the problem of high reconciliation costs among financial institutions, in August 2016, WeBank and Shanghai Huarui Bank launched the Weilidai inter-institution reconciliation platform, which is also the first in production in China. Banking industry consortium chain application scenarios running in the environment. Zhang Kaixiang, chief architect of WeBank’s blockchain, believes that the high cost problem that the traditional “batch file reconciliation” model has not been able to solve for a long time is where blockchain technology comes in. Subsequently, Luoyang Bank and Changsha Bank also successively connected to the inter-institution reconciliation platform. Through blockchain technology, they optimized the inter-institution reconciliation process in the micro-loan business, achieving quasi-real-time reconciliation, improving operational efficiency, and reducing operating costs. Target. Up to now, the platform has been running stably for more than a year, maintaining zero failures, and the number of real transactions recorded has reached tens of millions.

In the field of public welfare, blockchain technology also has great potential. Ant Financial's first application scenario involving blockchain was public welfare, helping a group of hearing-impaired children obtain a donation, and then using blockchain technology to promote public welfare to be more open and transparent. Hu Danqing, senior product expert at Ant Financial Technology Lab, said: "The blockchain charity platform is like us building a post office on the Internet specifically for mailing funds. Every money donated by users, we will package it into a The package is delivered through the blockchain platform. Every time it passes through a node, we will stamp a postmark and finally deliver it to the recipient. This ensures that every money donated by users is transparent, traceable, and difficult to tamper with. ”

Blockchain technology can play a big role in combating counterfeit goods. Hu Danqing introduced that Ant Financial uses blockchain technology to trace the origin of authentic products. At present, there are some overseas shopping products from Australia and New Zealand, such as milk powder. You can use Alipay to scan the products to know whether they are genuine. “Unlike the previous self-entered product information by merchants, the blockchain allows multiple ‘bookkeepers’ to be fair and independent., complete the accounting without repudiation. "

For financial supervision, blockchain technology can also play a role. The "Financial Blockchain Underlying Platform FISCO BCOS White Paper" released by the Financial Blockchain Cooperation Alliance (Shenzhen) in 2017 believes that blockchain It provides financial regulatory agencies with consistent and easy-to-audit data. Through data analysis of inter-institutional blockchains, financial businesses can be supervised faster and more accurately than traditional audit processes. For example, in anti-money laundering scenarios, each account’s Balances and transaction records are traceable, and no aspect of any transaction will be out of regulatory sight, which will greatly improve anti-money laundering efforts.

Some insiders believe that blockchain 1.0 is mainly aimed at digital currencies; Blockchain 2.0 is aimed at smart contracts and can be applied in financial markets; Blockchain 3.0 will be applicable to more scenarios and will even create a "blockchain era".

He Fei believes that blockchain can indeed solve pain points and difficulties in many fields, but blockchain is not a panacea and has many applicable conditions.

For example, the decentralized nature of blockchain technology is suitable for many parties. In the scenario of participation, if it is only unilateral or bilateral participation, the value will not be great. Since each node needs to be checked, blockchain technology is not suitable for those high-frequency trading activities.

Another example is the district Blockchain emphasizes openness and transparency and is not suitable for scenarios with particularly high data privacy requirements.

Will blockchain become a new trend?

The technology is not yet mature yet. We must be wary of concept hype, and we must especially distinguish whether it is technological innovation or fund-raising innovation. We cannot use blockchain for the sake of blockchain

The concept of blockchain is so popular, will it become another "Internet +" in the future?< /p>

In recent years, the development ecology of blockchain has gradually improved and enriched. Industry insiders believe that with national policy support, widespread attention and financial support, blockchain technology can achieve gradual and stable progress. Blockchain Although the upside prospects of technology are broad, we must remain calm about this.

“Although blockchain is currently very popular, we still believe that it is still in a very early stage. "Hu Danqing said that there is currently a false enthusiasm for the blockchain concept. The enthusiasm is not about using technology to solve real problems, but about raising funds to make money and hyping valuations, especially most of the so-called ICOs (Initial Coin Offerings) that are hotly speculated. ) are all innovations in fundraising tools and have nothing to do with technological innovation.

Blockchain technology can indeed create great value, but some risks cannot be ignored.

"Blockchain technology It is not yet mature, and its applicable application scenarios are relatively limited. We should be wary of the concept of capital market speculation. "He Fei said that behind the blockchain craze there will inevitably be some companies that want to do gimmicks and speculate. They do not really carry out business, but just try to make a fortune in the capital market. We must beware of the situation where "bad money drives out good money". currency", causing institutions that really want to do business to withdraw from the market, affecting the application of blockchain technology.

Hu Danqing suggested that for the current blockchain craze, regulatory authoritiesWe should intervene more proactively to distinguish whether it is technological innovation or fund-raising innovation, encourage government organizations, credible experts, and industry participants to jointly help the public identify, comprehensively curb fund-raising innovation under the name of blockchain, and make the actual controller of ICO must raise funds for Be responsible for your actions. "The basis for judging whether it is technological innovation or fund-raising innovation is actually very clear, that is, whether it starts with trust and whether it creates actual value by solving the trust problem."

Better promotion and use of blockchain technology in the future , it is necessary to continue to improve infrastructure and strengthen the formulation of relevant laws and policies.

Wang Jun believes that there is still room for optimization and improvement in core blockchain technologies such as consensus algorithms; on the other hand, the processing efficiency of blockchain is still difficult to reach that of some high-frequency application environments in reality. Require. At present, the mainstream blockchain technology platforms all originated from abroad. Domestic blockchain technology service providers must patiently start from the bottom development, achieve independent and controllable technology, and strive to lead the development of global blockchain technology. Enterprises with blockchain application scenarios must actively embrace new things and scientifically evaluate their on-chain needs. They cannot use blockchain for the sake of blockchain.

He Fei believes that the government can introduce relevant policies to guide companies that are interested in participating in the research and development and application of blockchain technology, and at the same time clarify some suitable application scenarios of blockchain and areas encouraged by the state.

The "China Blockchain Technology and Application Development White Paper 2016" recommends that government departments at all levels learn from the advanced practices of developed countries and regions, combine the development of my country's blockchain technology and applications, and promptly introduce blockchain Technology and industrial development support policies focus on supporting key technology research, major demonstration projects, "mass entrepreneurship and innovation" platform construction, system solution research and development, and public service platform construction. At the same time, it is recommended that key domestic enterprises, scientific research, universities and user units strengthen cooperation to speed up research on core key technologies such as consensus mechanisms, programmable contracts, distributed storage, and digital signatures.

If it can bring money to the enterprise, it will become a hot topic.

8. Is the blockchain craze worth following?

Worth it

From the current perspective, compared with the progress made in the past few decades, technology The pace of development has accelerated. This exponential growth emerges from the dashboard of the internet and the myriad of millennium technologies built on top of it.

These emerging developments are moving us towards a smarter world, where identified redundancies are eliminated, giving us more straightforward and efficient solutions. Efficient cost management by eliminating intermediaries and achieving more precise targets while maximizing the use of available resources are some of the benefits of the technological advancements we are seeing today. One of the fundamental elements behind these achievements is the concept of artificial intelligence (AI), which is helping humanity build a smarter world.

Today’s Technology

Today’s technology involves a high degree of information collection and data analysis. Data management hashas become an important determining factor in various industries. Therefore, the success or failure of businesses depends largely on how the powerful and valid information surrounding them is processed and managed. This puts blockchain technology at the forefront of solutions for effectively managing data quality and compatibility with other existing technologies.

Jason Cassidy, the founder of Helium, told the editor that AI is a term commonly used recently that few people understand.

“Every year we rely more and more on artificial intelligence to help us. Now, when you combine the rapidly evolving blockchain technology with AI, you get some incredible synergies Effect".

Enhanced Technology

After an initial development phase that went through numerous confrontations over acceptability, the blockchain industry’s problems have finally been resolved. The industry is finding the right implementations for emerging technologies, and startups are taking advantage of the opportunities.

From a general perspective, blockchain technology is viewed by many as a tool to improve existing processes. This explains how rapidly the technology has spread. As the carrier of the developing Internet of Value (IoV), the curiosity of its development is also an important aspect of the industry’s understanding and development to date.

As proponents of blockchain technology believe, it is a development built for mainstream applications. This negates any view of blockchain as a stand-alone technology, making it necessary to be integrated with or embedded in other existing entities. Therefore, finding objective ways to connect technologies to enable powerful innovation goes beyond the concept of choice. This is a fundamental necessity in order to enable solutions that cater to the rapidly evolving human technology ecosystem.

9. Is the popularity of blockchain a hype?

Recently, virtual digital currencies have become popular, and blockchain technology has also become popular. At present, many ministries and commissions such as the Ministry of Industry and Information Technology and many industry giants at home and abroad have established specialized teams or laboratories to actively promote research on blockchain technology and its applications.

On October 13, 2017, the General Office of the State Council issued the "Guiding Opinions on Actively Promoting Supply Chain Innovation and Application" and proposed that relevant enterprises study the use of blockchain, artificial intelligence Use emerging technologies such as intelligence to establish a credit evaluation mechanism based on the supply chain. Promote the organic docking of various supply chain platforms and strengthen the disclosure and sharing of information such as credit ratings, credit records, risk warnings, illegal and untrustworthy behaviors.

At present, not only many financial institutions, related enterprises, and scientific research teams are actively investing in researching blockchain technology, but many ministries and commissions, including the Ministry of Industry and Information Technology, have also set up specialized teams or laboratories to actively promote blockchain technology and its applications. Research.

The market generally believes that blockchain technology is expected to further develop in the following aspects.

——In the financial field, it can record all transaction party information, process steps, time series and other core information in financial transactions.and ensure the authenticity and non-tamperability of the information.

——Supply chain management can record the status of goods and the flow of funds in real time to ensure the authenticity of transactions. Improve supply chain transparency while effectively preventing counterfeits from entering the market.

——Food safety management, large supermarket chains can use data blockchain technology to track the origin of food, improve food traceability, and track and review the production and transportation process of food at a lower cost.

——Media and public communication, in the Internet public opinion environment, can use blockchain technology to trace the source of information, confirm the authenticity and accuracy of information, and inhibit the production and dissemination of false information.

However, Qin Yi, Deloitte Asia Pacific investment management industry leader, believes that the current large-scale application of blockchain technology is lower than expected. Further breakthroughs are needed in terms of establishing a data open alliance system, ecosystem construction, and Internet of Things application support. In particular, the strong demand for data openness caused by the "decentralization" characteristics of blockchain technology is full of resistance.

Strengthen supervision of "buying a casket for a pearl" type of speculation

Blockchain technology has attracted a wave of investment, and the virtual digital currency transactions associated with it are "hot like hell." This attracted great attention from the financial regulatory authorities, and at the beginning of the new year of 2018, they issued three articles in a row, pointing directly at virtual currencies.

As early as September 2017, seven ministries and commissions including the People's Bank of China issued an announcement clearly stating that token issuance financing is essentially an unapproved and illegal public financing act. From now on, the issued ICO (Initial Coin Offering) projects must be liquidated, and new projects are not allowed to be reissued.

Entering 2018, on January 2, the leading group for the special rectification of Internet financial risks issued a document requiring all localities to guide enterprises within their jurisdiction to withdraw from the "mining" business in an orderly manner and to report work progress regularly; On January 12, the China Internet Finance Association issued a risk warning to prevent ICO activities and named Xunlei’s “Wankebi”. On January 17, the Business Management Department of the People's Bank of China issued a notice requiring all legal person payment institutions within its jurisdiction to carry out self-examination and rectification work immediately, strictly prohibit providing services for virtual currency transactions, and take effective measures to prevent payment channels from being used for virtual currency transactions.

“There is no necessary connection between the development of blockchain technology and digital currency. Digital currency is just one of the application scenarios of blockchain technology.” Guo Feng believes that blockchain is a pearl, while digital currency is just a Box. The reason why the hype of virtual digital currency is out of control is because some people think that the "box" is exquisite, the price is opaque, and the profit can be higher than that of the "pearl". "This is a typical 'buying a casket for a pearl'."

"Monitoring and managing risks does not mean that we reject innovation." Yang Dong, director of the Financial Technology and Internet Security Research Center of Renmin University of China, believes , as a technical tool, blockchain is technology neutral and does not directly involve financial and legal risks; the current shutdown of the virtual digital currency trading platform does not conflict with the current vigorous development of blockchain.

Attention is given to those who need it, but not to those who don’t.Will be fooled.

10. Understand DeFi in one article (what is DeFi)

Since DeFi became popular last year, the popularity has continued. Many people have gained from this wave, and some have also I have never really used DeFi products. How do you understand this wave of craze caused by DeFi?

In essence, the craze of DeFi is because it makes finance simpler and the threshold is greatly lowered. People can do it all over the world as long as you have the Internet. Directly use the tools provided by the DeFi platform to manage finances or invest. You don't even need a bank account. You can create trading contracts and trade between different assets. This is a great challenge to traditional finance, and this game and challenge will continue for a long time.

On this basis, DeFi projects have developed many new tracks, from the most basic DEX to lending platforms, aggregators, leveraged mining algorithm stable coins, synthetic assets, etc., making DeFi functions Gradually diversified. In addition, the wealth-creating effect caused by the numerous DeFi projects starting on the Ethereum chain last year and the benefits of the BTC halving have mutually promoted each other, making more people inside and outside the industry pay more attention to the DeFi field and are more willing to try DeFi. New platforms and products.

LATT is also a DeFi product. It is a synthetic asset protocol aimed at the general public. It is an ecological currency issued by the blockchain technology team of Singapore's LAT Group. It will be launched globally in late August, and the total circulation is constant. 10 billion pieces, LATT will be used as a clearing currency in the LAT ecosystem in the future.

It is reported that LAT’s full name is “LATmine Blockchain Value Aggregation Engine”.

LATmine has a very strong background and is a professional investment platform invested by Bualuang Ventures, a professional financial investment company under Bangkok Bank, Thailand's largest bank. This platform is different from traditional blockchain financial management platforms. It will provide professional financial products in different fields including staking, mining, quantification, etc. The LATT ecological currency will be an advantageous project with great application value and high profits in the future. Some blockchain technology teams hope to bring an interesting, easy-to-operate, and friendly product to the public, improve liquidity in the DeFi and NFT fields, and empower this field. This is also the reason why we named it LATT. We are committed to creating

the most valuable ecological currency for global blockchain enthusiasts to participate together!