区块链资金流通管理办法,区块链资金流通情况

Ⅰ What is blockchain: This explanation of blockchain is more understandable

Blockchain is an important concept of Bitcoin, it is essentially a disintermediation The database, as the underlying technology of Bitcoin, is a series of data blocks generated using cryptographic methods. Each data block contains information about a Bitcoin network transaction, which is used to verify the validity of its information ( Anti-counterfeiting) and generate the next block.

Blockchain is a new application model of computer technologies such as distributed data storage, point-to-point transmission, consensus mechanism, and encryption algorithm.

In a narrow sense, blockchain is a chain data structure that combines data blocks in a sequential manner in chronological order, and is cryptographically guaranteed to be non-tamperable and non-transformable. Fake distributed ledger.

Broadly speaking, blockchain technology uses block chain data structures to verify and store data, uses distributed node consensus algorithms to generate and update data, and uses cryptography to ensure data transmission and access. It is a new distributed infrastructure and computing method that uses smart contracts composed of automated script codes to program and operate data securely.

(1) Extended reading on blockchain capital circulation:

The evolution method of blockchain is:

▪ Block Chain 1.0 - digital currency;

▪ Blockchain 2.0 - digital assets and smart contracts;

▪ Blockchain 3.0 - the implementation of distributed applications in various industries.

Blockchain characteristics:

1. Disintermediation. Due to the use of distributed computing and storage, there is no centralized hardware or management organization in the system. The rights and obligations of any node are equal. The data blocks in the system are jointly maintained by nodes with maintenance functions in the entire system.

2. Openness. The system is open. In addition to the encryption of private information of all parties to the transaction, the blockchain data is open to everyone. Anyone can query the blockchain data and develop related applications through the public interface, so the entire system information is highly transparent. .

3. Autonomy. The blockchain adopts consensus-based norms and protocols (such as a set of open and transparent algorithms) to enable all nodes in the entire system to exchange data freely and securely in a trustless environment, changing trust in "people" to trust in "people". Machine trust, any human intervention has no effect.

4. Information cannot be tampered with. Once the information is verified and added to the blockchain, it will be stored permanently. Unless more than 51% of the nodes in the system can be controlled at the same time, modifications to the database on a single node are invalid, so the data in the blockchain is stable. Extremely high performance and reliability.

5.Anonymity. Since the exchange between nodes follows a fixed algorithm, the data interaction is trustless (the program rules in the blockchain will judge whether the activity is valid by itself), soCounterparties do not need to disclose their identities to gain trust in themselves, which is very helpful for the accumulation of credit.

II What are the characteristics of blockchain assets

What are the characteristics of blockchain assets? Blockchain assets have several major characteristics, one of which is global circulation. Blockchain assets are first based on the Internet. As long as there is the Internet, blockchain assets can be circulated. The Internet here can be the World Wide Web or various local area networks, so blockchain assets are circulated globally. Even if you are on the moon or Mars, as long as you have the Internet, I can transfer my blockchain assets to you. Compared with the centralized method, the transfer fees for global circulation of blockchain assets are very low. For example, Bitcoin's early transfer fee was 0.0001 BTC, which is now a bit expensive. Others such as Bitcoin Cash's network transfer fee are 0.0001BCC, Dash's transfer fee is 0.002Dash, and Ethereum's transfer fee is 0.01ETH, which is equivalent to It’s only a few yuan in RMB, which is very cheap. Compared with traditional transfers, blockchain assets arrive very quickly, usually within a few minutes to an hour.

Ⅲ What is the concept of blockchain

Blockchain is a term in the field of information technology.

Essentially, it is a shared database. The data or information stored in it has the characteristics of "unforgeable", "full traces left", "traceable", "open and transparent" and "collectively maintained". . Based on these characteristics, blockchain technology has laid a solid foundation of "trust" and created a reliable "cooperation" mechanism, which has broad application prospects.

On December 2, 2019, the word was selected into the top ten buzzwords of 2019 by "Biwenqiezi".

Related to blockchain financial applications:

Since 2016, major financial giants have also taken notice and launched blockchain innovation projects to explore the application of blockchain in various financial scenarios. Possibility of applying blockchain technology. In particular, Puyin Group took the lead in pioneering the “blockchain”-based digital currency.

The standard digital currency is an asset that has been identified, evaluated, confirmed, insured, etc. by a third-party organization and written into the blockchain through a rigorous digital algorithm to form a link between the asset and the digital currency. The standard correspondence relationship is called a standard digital currency.

In order to realize the great leap forward development of blockchain finance, in order to promote the new development of China's economy, accelerate the circulation of global assets, and realize the dream of rejuvenation that generations have been striving for, Puyin Group will On December 9, the Puyin Blockchain Finance Guiyang Strategy Release Ceremony was held in Guizhou.

The meeting will discuss the digital circulation of assets through blockchain, the blockchain financial transaction model, and the application of blockchain services and social public industries. This conference will mark the beginning of the application of blockchain finance and the transformation and development of a new financial ecosystem.

IV Characteristics of Blockchain AssetsWhat are they?

Not controlled by a single person or organization. High security factor. Records cannot be tampered with. Slow transaction speed

Ⅳ Prospects of blockchain fund management

Blockchain Prospects for Money Management Blockchain is not going to make headway in the world of money management.

The obstacles that blockchain technology needs to overcome are still counterparty risk and scalability issues, and the predictions for blockchain in 2020 remain the same.

Many reports at EuroFinance and AFP conferences mentioned the need to improve the decision-making efficiency of treasury teams by obtaining and analyzing more data, such as detecting payment anomalies, building more effective cash forecasts and reducing cash flow and net currency risk on the balance sheet.

The market will continue to demand greater sophistication in treasury management tools that can capture, validate and discover meaning in financial data, which will drive treasury management teams’ purchasing decisions, including treasury management systems. The product line is dedicated to features and services that help customers make better use of data. We have every reason to believe that the trend of data-driven decision-making will continue for a long time to come.

Relevant information:

Blockchain is a method that connects data blocks in an orderly manner and cryptographically ensures that they cannot be tampered with and cannot be tampered with. Fake distributed ledger (database) technology. In layman's terms, blockchain technology can achieve openness, transparency, non-tampering, non-forgery, and traceability of all data information in the system without the need for third-party endorsement.

As an underlying protocol or technical solution, blockchain can effectively solve the trust problem and realize the free transfer of value, and finance is the most explored area in blockchain application scenarios.

VI What does blockchain mean?

Blockchain is an important concept of Bitcoin. It is essentially a decentralized database. Bu is the underlying technology of Bitcoin. It is a series of data blocks generated by using cryptographic methods. Each data block contains a batch of information about Bitcoin network transactions, which is used to verify the validity of its information ( Anti-counterfeiting) and generate the next block.

Blockchain is a new application model of computer technology such as distributed data storage, point-to-point transmission, consensus mechanism, and encryption algorithm.

2. In order to realize the great leap forward development of blockchain finance, in order to promote the new development of China’s economy, accelerate the circulation of global assets, and realize the renaissance that generations have been striving for. dream.

Puyin Group held the Puyin Blockchain Finance Guiyang Strategy Release Ceremony in Guizhou on December 9, 2016. At the meeting, the blockchain will realize the digital circulation of assets and the blockchain financial transaction model. , and discuss the application of blockchain services and social public industries.

Ⅶ Blockchain Liquidity Mining and Staking

As more and more cryptocurrency platforms offer more than 1000% attractiveReturns, an old and very infuriating phrase is sure to come out of the mouths of regulators, financial institutions, ordinary investors and now billionaires. If it seems too good to be true, it probably is. For more information please contact the author

We are referring to the world of liquid mining and staking. Let’s explain what these terms mean and take a look at the meaning behind them to evaluate whether liquid mining and/or staking should be a legitimate investment for investors to look at.

Staking

Staking is a mechanism derived from the proof-of-stake consensus model and is an alternative to the energy-driven proof-of-work model (where users mine cryptocurrency).

Both centralized and decentralized exchanges allow users to invest in their assets without having to deal with the technical issues of setting up a node. The exchange will handle the verification part of the process itself, while the staker’s only job is to provide the assets.

Its main purpose is not to provide liquidity for the platform, but to ensure the security of the blockchain network by improving its security. The more users there are, the more decentralized the blockchain is and the harder it is to attack.

While staking is often associated with proof-of-stake networks, it has taken on a life of its own. Many crypto projects already use pledges as a way to create "stickiness" on their platforms. By giving users a way to earn income by holding tokens, this prevents them from moving their funds to another platform. That's the theory, anyway. Of course, high returns have another effect. They encourage investors to buy the tokens, which creates scarcity and drives up prices.

Staking returns are provided in the form of interest paid on tokens to holders. Rates vary between networks and platforms and depend on several factors, including supply and demand.

Staking Risks

Cryptocurrency staking rewards are not without risks, as many factors can affect the performance and security of the staked tokens.

The first risk is the possibility of a cybersecurity incident, resulting in the loss of held tokens. This is what happened recently to the Pancake Rabbit project, which was once very successful, but in a massive attack the price plummeted by more than 90%.

Another risk of staking comes from the potential decline in the price of the crypto asset during the staking period. Since staking is carried out by locking tokens, investors will not be able to liquidate their assets when the market falls, leaving investors with the risk of losing part of their principal and unable to reduce losses by selling.

Liquidity Mining

Liquidity Mining (Liquidity mining) refers to the act of staking or lending cryptocurrency assets in order to generate high returns or be rewarded in the form of additional cryptocurrency. This application of decentralized finance has become very popular recently due to various innovations. Liquidity mining is currently the biggest growth driver in the DeFi industry.

In short, liquidity mining encourages liquidity providers (LPs) to hold or lock their crypto assets in smart contract-based liquidity pools. These incentives can be a percentage of transaction costs, interest from lenders, or governance tokens. The value of issuance returns has increased as more investors have poured funds into the associated liquidity pools.

Liquidity mining occurs when participants in liquidity mining receive token rewards as additional compensation, and liquidity mining becomes more prominent.

Most liquidity mining protocols now reward liquidity providers with governance tokens, which can often be traded on centralized exchanges like Bi'an and decentralized exchanges like Uniswap Trading.

There is some intersection between equity investing and liquidity mining through the introduction of governance tokens and away from equity certificates.

Risks of Liquidity Mining

Liquidity mining usually requires higher Ethereum gas fees, but with the popularity of edge smart chains and their lower gas fees fees, opportunities for investors increase.

When the market fluctuates, users also face greater risks of impermanent losses and price drops

Liquidity mining is susceptible to vulnerabilities due to possible loopholes in the protocol’s smart contracts. The impact of hacking and fraud. These coding errors may be due to intense competition between protocols, where time is of the essence. New contracts and functions are often unaudited or even copied from competitors.

There has been an increase in high-risk protocols issuing meme tokens that can offer thousands of APY returns. Many of these liquidity pools are scams. The project team withdraws all the liquidity from the pool and disappears with the funds.

Defi-Decentralized Finance-Decentralized Application-Dapp

Impermanent Loss

When investors provide liquidity to the liquidity pool, the price of the stored assets Temporary losses occur when changes occur compared to storage time. The greater the change, the greater the loss of impermanence.

Pools containing assets such as stablecoins will have less non-permanent losses if the price range is relatively small.

Temporary losses can still be compensated by transaction costs. For example, suffer from non-permanence on Uniswap due to transaction costsA losing pool may be profitable.

Uniswap charges a 0.3% fee for each transaction that flows directly to a liquidity provider. If the trading volume of a particular pool is high, it can be profitable to provide liquidity even if the pool faces severe non-permanent losses.

Explain that risk is relative. The risk assessment on this table is based on the relative risk of holding cryptocurrency as an investment. As an investment, cryptocurrencies are risky. For example, staking through a Bitcoin base is less risky than investing in newly created memes, but is still higher compared to other investment classes.

Another important point to note is that although a platform may be rated as low risk, investors must remember that the higher the returns offered, the higher the risk. In other words, low-risk platforms can offer high-risk investments.

Abstract

Staking mining and liquidity mining used to be two completely different worlds. But in recent times, the two definitions have tended to merge. While liquidity mining is focused on getting the highest returns possible, with the goal of creating liquidity, the purpose of staking has expanded from helping blockchain networks stay secure to staking tokens on a given platform to earn rewards.

Before investing through any staking or liquidity mining platform, the trading volume and liquidity of the staked tokens must be evaluated. Liquidity is necessary. Also consider whether the project goes deeper than a mere staking platform. There have been a number of meme-type projects popping up recently that offer eye-watering returns but no fundamentals.

VIII What are the characteristics of blockchain technology

The four major characteristics of blockchain technology include: decentralization; trustlessness; scalability; anonymity. Decentralization: Due to the use of distributed computing and storage, there is no centralized hardware or management organization in the blockchain system. Therefore, the rights and obligations of any node are equal, and the data blocks in the system are maintained by the entire system. nodes to jointly maintain. Openness: The system is open. In addition to the private information of the transaction parties being encrypted, the blockchain data is open to everyone. Anyone can query the blockchain data and develop related applications through the public interface. Therefore, the entire System information is highly transparent. Autonomy: The blockchain adopts consensus-based specifications and protocols (such as a set of open and transparent algorithms) to enable all nodes in the entire system to exchange data freely and securely in a trustless environment, so that trust in "people" is exchanged. It has become a trust in the machine, and no human intervention will work. Information cannot be tampered with: Once the information is verified and added to the blockchain, it will be stored permanently. Unless more than 51% of the nodes in the system can be controlled at the same time, modifications to the database on a single node will be invalid, so the area The data stability and reliability of blockchain are extremely high. Anonymity: Since the exchange between nodes follows a fixed algorithm, their data exchangeThere is no need to trust each other (the program rules in the blockchain will judge whether the activity is valid by itself), so the counterparty does not need to disclose his identity to make the other party trust him, which is very helpful for the accumulation of credit. Reliability: The data on the blockchain saves multiple copies, and the failure of any node will not affect the reliability of the data. The consensus mechanism makes modifying large numbers of blocks extremely costly and almost impossible. Destroying data is not in the self-interest of important participants. This practical design enhances the reliability of data on the blockchain and global circulation: blockchain assets are first based on the Internet. As long as there is the Internet, blockchain assets can be circulated. The Internet here can be the World Wide Web or various local area networks, so blockchain assets are circulated globally. As long as there is the Internet, blockchain assets can be transferred. Compared with centralized methods, the transfer fees for global circulation of blockchain assets are very low. For example, the early transfer fee for Bitcoin was 0.0001 BTC. Compared with traditional transfers, Generally speaking, blockchain assets arrive very quickly. It usually takes a few minutes to an hour to arrive.

Ⅸ How to apply blockchain technology to solve problems in supply chain finance

The essence of finance is value circulation. There are many types of financial products, including banks, securities, insurance, trusts, etc. The concept of traditional finance is a discipline that studies the circulation of monetary funds. The essence of modern finance is the capitalization process of business activities. Blockchain finance, as the name suggests, is the application of blockchain technology in the financial field.
Since 1978, China's financial system has evolved in the direction of marketization, standardization, diversification, and internationalization. Both the scale and complexity of China's financial system have increased rapidly and non-linearly. Various banks, financial institutions, and financial sub-markets are closely related and intertwined. Traditional financial companies are accelerating transformation and innovation in an attempt to occupy the market. At the same time, various new financial institutions are emerging in large numbers. The financial industry is experiencing the financialization of real estate and non-bank institutions. New trends such as banking.
In bank transactions, banks generally conduct transactions through third-party trading institutions, which increases transaction costs and also limits the scale of transactions. In cross-border transactions, there are more transfer processes and lower efficiency. By applying blockchain to transactions in the financial field, you are not subject to these restrictions. At the same time, due to the non-tamperable and traceable nature of the blockchain, transaction records on the blockchain will be preserved, and the flow and whereabouts of funds can be traced, which can reduce transaction costs. Through "blockchain + finance", the blockchain as the underlying technology system can have a series of evidence chains. When conducting fund transactions and transfers, risk control can directly use the records on these chains to better track and control risks.
In the field of asset management, various types of equity, bills, and assets are managed by various trust institutions. Transaction costs are high and transaction vouchers are easily forged. Through the blockchain + finance model, assets are processed on the chain. Due to the decentralized nature of the blockchain, holders can directly access the assets without relying on a trust center.Initiate transactions directly, effectively reducing the intermediate links in transactions. Blockchain technology has effectively improved the efficiency and quality of financial services and created innovative financial products and service models.
The blockchain BAAB platform independently developed by Yuan Zhongrui Technology empowers the digital economy and digital government, promotes the digital transformation and upgrading of various industries, and is committed to building a trusted infrastructure and application ecosystem in the digital era. At present, the financial industry is developing at a rapid pace. Blockchain has shown great potential in innovation and reform in the financial industry. It is bound to develop into a core technology for the development of the financial industry and create a new ecosystem for the industry.