区块链提高信息的流动性的方法,区块链提高信息的流动性的措施
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Ⅰ Blockchain Liquidity Mining and Staking
As more and more cryptocurrency platforms offer attractive returns of more than 1000%, regulatory agencies, financial institutions, There's an old and very infuriating phrase that's sure to come out of the mouths of 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 the pledge is carried out by locking the 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 sell them.Reduce losses.
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 market volatility occurs, 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, a pool that suffers non-permanent losses on Uniswap due to transaction costs 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.
Ⅱ Blockchain + supply chain transforms into a demand chain, creating a new model of supply chain development!
In 2018, a disruptive technological revolution is coming crazily, and the protagonist is - blockchain.
Blockchain technology is considered to be the next generation of disruptive core technology after steam engines, electricity, and the Internet. If steam engines release people’s productivity and electricity solves people’s basic living needs, The Internet has completely changed the way information is transmitted, and blockchain, as a machine for building trust, will likely completely change the way value is transmitted throughout human society.
The "blockchain+" revolution has begun in industries such as medical care, finance, and smart manufacturing, and will undoubtedly have an important impact on the supply chain. Supply chain management and supply chain finance, because the market scale is large enough and meet the characteristics of multi-trust entities, multi-party collaboration, medium and low-frequency transactions, and complete business logic, are natural places for blockchain to come into play.
1. Problems with traditional supply chains
SupplyChain management has a large span and information asymmetry
The current supply chain has a large span between upstream and downstream, and involves many companies. The core company’s management capabilities and scope of influence on the entire supply chain are limited, and management efficiency has dropped significantly and management Costs rise.
The product production cycle and supply cycle have become complex, fragmented, and geographically decentralized. Traditional technologies and concepts can no longer adapt to today's commodity production and supply.
Generally, enterprises can manage up to level 1 or 2 suppliers. With the continuous refinement of the global division of labor, the number of suppliers has doubled, continued to extend, and spread all over the world. Core enterprises cannot achieve real-time control over the goods circulated by upstream and downstream supply enterprises.
In the era of big data, information asymmetry will put enterprises at a disadvantage and even reduce the value of the entire supply chain ecosystem.
Weak ability to trace information back to the source
Due to the lack of transparency among companies in the supply chain, buyers and sellers lack an effective and reliable method to verify the products they buy and sell. of true value.
This means that the price paid by the buyer cannot truly reflect the cost of the product, which invisibly increases the overall cost of the supply chain.
At present, the supply chain is still unable to trace the sources of counterfeit and shoddy goods, illegal labor, money laundering and other illegal activities in each link of the supply chain.
It is difficult to obtain data from the entire supply chain
The information systems of the companies involved in the supply chain are scattered in the hands of different suppliers, including procurement, production, circulation, sales, and logistics. When information is completely separated, there is no information platform to store, process, share and analyze this information, which limits the potential value of rich data and information, and a large amount of information is unable to be collected or accessed.
At the same time, it also makes the verification and review of this information difficult and cumbersome, and the information exchange is not smooth, requiring manual repeated reconciliation, which also increases the audit cost of transaction payment and account period.
2. Blockchain + supply chain can solve many problems
Information is updated in real time and third parties are eliminated
Blockchain can build a A platform for all supply chain links such as suppliers, manufacturers, distributors, retailers, and logistics. On this platform, all enterprises form an alliance to record logistics, information flow, and capital flow on the chain, and track and supervise supply in real time. Chain all dynamics and achieve collaborative work.
Makes the entire supply chain transparent and visible. Multiple participants in each transaction can view the same transaction without the need for a third-party intermediary.Record, verify identity and confirm transactions.
Facilitates traceability
Transformed into ledger information shared by all participants throughout the entire life cycle of the transaction. It is communication based on the status of information rather than the delivery of information. Information that was obscure in the past is now clearly visible.
At the same time, the blockchain is a publicly issued ledger. The ledger has a decentralized structure. No party has ownership of the ledger, nor can it manipulate the data as it wishes. Blockchain can trace the entire process of commodity production.
3. New model of supply chain finance
Since the blockchain breaks the data silos of each enterprise, the big data given to the supply chain will have more data. Source, thus greatly improving the stock and quality of data, allowing big data to better play its role. At the same time, the non-tamperability of blockchain data also enhances the credibility of the data, making it possible for companies to use data for credit reporting, thereby promoting the establishment and prosperity of the big data trading market.
In supply chain finance, the bill platform built with blockchain technology can be combined with supply chain finance business to realize bill financing, issuance, payment bill splitting, statistical reports, clearing and settlement and other functions . Realize that digital bills can be paid and split quickly and openly and transparently under the witness of multiple parties, allowing the credit of core enterprises to be transferred to the upstream and downstream of the supply chain, creating a new model of supply chain finance.
Blockchain can benefit every link in the supply chain and improve the efficiency of supply chain management. Product supply chain collaboration model based on blockchain After the blockchain is added, data is shared among supply chain participants, and a complete and smooth information flow can be formed on the entire supply chain to ensure that participants can discover the operation process of the supply chain system in a timely manner existing problems and find targeted solutions to them, thereby improving the overall efficiency of supply chain management.
In this regard, blockchain technology has greatly accelerated product traceability and product recall, and reduced product quality risks. They will make manufacturing more responsive, enabling customizable customer orders—in effect, transforming supply chains into demand chains. As supply chains operate more like demand chains in this scenario, trust dilemmas like these may force manufacturers to look at blockchain solutions.
In the future, supply chains will be more dynamic, flexible and customer-oriented than today, and geographical location and long-term relationships will no longer be so important.
ⅢWhat impact does blockchain bring?
How will blockchain affect the real world? Increased ownership transparency. Transaction records will be instantly visible to everyone. Currently, in the United States, 13F reports on institutional investor positions are only issued quarterly.cloth once. Additionally, companies have three different shareholder lists (corporate, exchange, proxy voting); companies often do not know who their true shareholders are. Transparency can make it difficult for investors to acquire a block without changing the stock price, which will exacerbate the free-rider problem proposed by Grossman and Hart in 1980 (Kyle and Vila (1991)). Transparency can discourage insider trading and, conversely, encourage outside access to information (Fishman and Hagerty (1992), Bushman, Piotoski, and Smith (2005)). It would also make it impossible to backdate option awards or any other financial transaction. (Fishman and Hagerty (1992), Bushman, Piotoski, and Smith (2005)) Greater liquidity. Executing and completing stock trades can be faster and more affordable. In the United States, current settlement often takes three days and involves multiple parties to complete. Liquidity can strengthen shareholders through the exercise of voice (see the models of Maug (1998) and Kahn and Winton (1998), and the evidence in Norli, Ostergaard, and Schindele (2015)) and exit investments (see Admati and Pfleiderer ( 2009) and the model of Edmans (2009), and the evidence presented by Edmans, Fang, and Zur (2013), and Roosenboom, Schlingemann, and Vasconcelos (2014)) achieve corporate governance. Not only active shareholders, but ordinary people can benefit too. Currently, the fee for sending money from Zurich to New York is 7% and takes 3 days. vote. Blockchain can be used to record votes in corporate elections. This would improve election accuracy and address concerns that management maneuvered behind closed doors to win overwhelmingly close elections. Since lending and borrowing of stocks will become transparent, blockchain will also enable empty voting (modeled in Brav and Mathews (2011), empirically studied in Hu and Black (2006) and Christoffersen, Geczy, Musto, and Reed (2007) )) gets harder. Real-time accounting. A company could publish all of its business transactions on the blockchain, allowing anyone to add up their profit and loss statements and balance sheets at any time. This can significantly reduce the need for auditors, prevent accrual earnings management, and prevent related party transactions. Smart contracts. Smart contracts are a way to automatically execute contracts: for example, if you borrowIf the Renqiu loan defaults, the driverless car can drive back to the bank by itself. Blockchain can cheaply execute smart contracts, such as changing the ownership of collateral upon default. This radically reduces the cost of enforcement.
IV Teach you how to build a value consensus community
Core understanding of blockchain: Treat blockchain projects as consensus value communities, and the following sharing is based on this.
1. What does blockchain bring?
1. Value flow: Through the technical structure and organizational mechanism, the entire digital asset is safely issued and circulated, and human assets are digitized, giving birth to the value Internet, which corresponds to the generation of the previous generation of information Internet, that is, BAT This generation of Internet solves the problem of digital flow of information, improves flow efficiency, and promotes equal rights for information; while the Internet of Value solves the problem of asset circulation and distribution, improves the effect of asset circulation, and promotes equal rights for assets. The Internet of Value has created newer connections and greatly improved the model of human organization collaboration.
2. TOKEN ecological economy: Blockchain does not create unprecedented application scenarios, but it can transform the traditional centralized business model into a step-by-step sharing economy to achieve ecological win-win. The incentives generated by the ecosystem have a great impact on traditional centralized business applications and distribution methods. For example, in Chen Weixing's taxi chain, the platform does not need to pursue profits. Drivers earn more and users pay less, maximizing value for both parties. On the other hand, drivers in the taxi chain constantly Reward TOKEN, which can be mined, and the token will appreciate in value.
2. Five driving forces for the transformation from company to community:
1. Communities have unprecedented liquidity, which is stronger than equity and can be liquidated at any time.
2. Users have digital sovereignty, data is uploaded to the chain, and security and privacy are improved.
3. The new business structure brings sufficient incentives and aims to maximize the value of all parties to achieve a win-win situation for all parties.
4. Communities can amplify value more times than companies. The value of tokens is greater than stocks and can carry diversified values.
5. It can improve the collaboration efficiency of the organization. The company's governance structure and financial structure are separated, and the business system needs to be connected through intermediaries. The blockchain integrates capital flow, business flow, and rights and interests through TOKEN, greatly reducing transaction costs and improving the operational efficiency of the organization.
In the next 5-10 years, traditional companies will transform into corporate value communities.
3. How does the consensus value community work?
1. The basis of the consensus value community is the real supply and demand value. False values will only create bubbles, such as air coins and pyramid schemes. And it's rigidneed.
2. Establish non-profit organizations, such as foundations, as the main body of community operations, which are very different from companies. The community pursues win-win results for all community members.
3. Recruit troops and form a core project team, similar to the way a company starts a business. The difference is: the foundation issues TOKEN, and TOKEN integrates the entire business process, organizational management, and financial system. All of these operate through TOKEN, which is very efficient.
4. After issuing TOKEN, allocate the TOKEN ratio reasonably to achieve incentives for all parties in the ecosystem, including: core team, core users, ordinary users, investors, etc. The project side will place a very large amount on the incentives of core users, that is, users who mine in the community.
5. Plan the life cycle from the time line. After a large number of TOKEN is produced through mining, these TOKEN will not only circulate in the market, but also circulate in the product system, which requires enough use and holding of TOKEN. The scene is just like a city. Only when the entire economic system circulates can it metabolize and prosper.
For any value consensus community, TOKEN is the blood of the community, and the operation of TOKEN is the core means of community operation, whether it is to attract new users, promote new products, recruit members or attract core users .
6. Do effective market value management: For consensus value communities or blockchain projects, market value management is not a bad thing. For example, if the project team launches a new product and recruits miners to participate in mining before the product is launched, hoping to give users more rewards for mining, then there will be a need to increase the currency price. This is healthy market capitalization management. TOKEN is different from stocks. The project side has multiple demands for market value management, including increasing the currency price in the community and increasing mining returns. If it is simply understood that the project party is raising prices to ship goods, it is an unfair understanding.
7. From the key aspects of operation, it can be seen that operating communities are very different from traditional companies. The most important thing is to establish consensus. If the project cannot pass the operation of TOKEN and let everyone believe that this community can prosper and develop in the future, the development of this project will encounter problems.
TOKENCLUB Daily Class 2018.5.28
IV How to promote blockchain technology to increase data security
The advantages and disadvantages of blockchain in information security The Digital Software Blockchain Technology Laboratory summarizes the following aspects based on its own development experience and technical characteristics: 1. Use a highly redundant database to ensure the data integrity of information; 2. Use relevant principles of cryptography to verify data to ensure that it cannot be tampered with; 3. In terms of permission management, multiple private key rules are used to control access permissions.
Blockchain is the way to goCentralized, distributed, and blockchain technology are open and transparent. Currently, there is no effective method to handle data security. In fact, data projects have limited control over personal data. During data transfer, the project cannot control how it is used later. And through the use of cryptocurrencies, blockchain provides financial incentives for institutions that maintain the network. Blockchain provides a secure storage and management of information, including personal data.
Establish a cross-regional and cross-industry data sharing platform that can be open to the entire society, strengthen data security legislation, and gradually increase the introduction of artificial intelligence and blockchain technology to promote big data and artificial intelligence, The integration of new technologies such as blockchain improves the ability to perceive, predict, and prevent risk factors.
VI What are the advantages of blockchain
The advantages of blockchain are mainly reflected in the following points:
1. Decentralization
Due to the use of distributed There is no centralized hardware or management organization for accounting and storage. 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 private information of the transaction parties being encrypted, the blockchain data is open to everyone, and anyone can query the blockchain through the public interface. Data and development related applications, so the entire system information is highly transparent.
3. 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 changed to trust in machines, and any human intervention has no effect.
4. Information cannot be tampered
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, otherwise the database will not be modified on a single node. Modifications are invalid, so the data stability and reliability of the blockchain are extremely high.
5. Anonymity
Since the exchange between nodes follows a fixed algorithm, the data interaction does not require trust (the program rules in the blockchain will judge whether the activity is valid by itself), so the counterparty does not need to Making the other party trust you by disclosing your identity is very helpful for the accumulation of credit.
As above, there are many applications of blockchain now, and it has been applied to various fields, such as GSN in social banking. GSN can effectively reduce financial risks by applying blockchain technology to finance. Because the credit management level of participating market entities will be improved due to the application of blockchain technology, on the other hand, it will also be conducive to the construction and improvement of the entire social credit system.
Secondly, GSN can transform traditional credit management based on experience and system design into a blockchain management model supported by heavy technical means. By introducing GSN, this advanced information management technology,It is conducive to improving the scientific and technological content of credit management and improving the accuracy and rigor of management.
Finally, GSN can effectively reduce the current high cost of social credit, open up the information islands between credit information, and effectively prevent the loss, leakage or tampering of social credit information. Blockchain has a wider range of application scenarios in building a social credit trust system and promoting digital inclusive credit reporting.
Ⅶ New possibilities! Blockchain technology empowers the cultural industry
On June 11, 2021, the first Blockchain + Cultural Industry Forum and Blockchain Assisted the Digital Transformation of the Cultural Industry Seminar was held in Beijing. Currently, blockchain technology is developing rapidly and is gradually extending from finance, Internet of Things and other fields to the cultural field. The blockchain + cultural industry shows broad development prospects.
What is blockchain?
Blockchain is essentially a distributed encrypted database that integrates distributed network, smart contracts, asymmetric encryption and other technologies. Based on cryptography, blockchain encrypts data with timestamps to form a data chain and stores it in a distributed form. Blockchain technology has the characteristics of decentralization, difficulty in tampering, traceability, openness and transparency.
How does blockchain empower the cultural industry?
Blockchain’s empowerment of cultural industries is mainly reflected in three aspects: digital copyright protection, reshaping cultural industry models and cultural product innovation.
1. Digital copyright protection
2. Reshaping of cultural business formats
With the characteristics of decentralization, blockchain can break the centralized business of the previous cultural industry. model to reduce the cost of the entire process from cultural production to consumption. Blockchain can establish a point-to-point direct connection between content producers and consumers, allowing copyright owners to obtain direct and immediate benefits and stimulating the creative enthusiasm of content producers. At the same time, the blockchain can also empower the cultural and tourism industry, by recording tourism information on the block, realizing resource integration and promoting the development of global tourism. In addition, blockchain technology can also play a positive role in the value appraisal of intangible cultural heritage and some artworks, and the construction of industrial chains, increasing their market value.
3. Cultural product innovation
Blockchain can create native blockchain products in the cultural field, such as NFT (Non-Fungible Token). NFT is a non-fungible token based on blockchain encryption technology. It is the only encrypted token used to represent digital assets. As a digital carrier of cultural products, NFT can ensure the non-replicability and uniqueness of cultural works, ensuring the market value of NFT. Whether it is paintings, music, games or novels, their digital content can be tokenized, and the tokenized products can be traded at any time, greatly increasing the liquidity and industrial value of cultural products.
The development prospects of blockchain + cultural industry
It is believed that with the evolution and development of blockchain technology, blockchain technology will have a deeper integration with the cultural industry, continue to generate new cultural formats, and promote the digital transformation and upgrading of the cultural industry.
Expert: Zhou Kunpeng, Professor of School of Journalism and Communication, Zhengzhou University
Ⅷ What disruptions has blockchain brought and why can it become a national strategy
The benefits of blockchain Subversive characteristics lie in the following four aspects: 1. Transparency. The data records of the blockchain system are transparent to the entire network nodes, and the update operations of the data records are also transparent to the entire network nodes. This is the basis for the trust of the blockchain system. Since the blockchain system uses open source programs, open rules and high participation, blockchain data records and operating rules can be reviewed and traced by nodes throughout the network, with high transparency.
2. Openness. The blockchain system is open. Except for the private information of the parties directly related to the data, which is always encrypted, the blockchain data is open to everyone (except for blockchain systems with special permission requirements). Anyone or participating nodes can query blockchain data records or develop related applications through the public interface, so the entire system information is highly transparent.
3. Information cannot be tampered with. Once the information of the blockchain system is verified and added to the blockchain, it will be permanently stored and cannot be changed (except for systems such as private blockchains with special change requirements). 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 stability and reliability of the blockchain are extremely high
4. Decentralization. Decentralization is the most basic feature of blockchain, which means that blockchain no longer relies on central processing nodes and realizes distributed recording, storage and updating of data. In a traditional centralized network, attacking a central node can destroy the entire system. However, in a decentralized blockchain network, attacking a single node cannot control or destroy the entire network or more than 5% of the nodes in the network. It's just the beginning of gaining control. 2019 is the first year of commercial application of blockchain technology, and favorable policy incentives will make the development of blockchain technology more stable.
As the application of blockchain technology gradually penetrates into many fields such as digital finance and the Internet, everyone has a clearer understanding of the value of blockchain.
Blockchain has formed a global competition situation. All countries are seizing development opportunities, and China cannot lag behind; therefore, it is understandable that blockchain has become a national strategy.
Ⅸ What are the functions and characteristics of blockchain
Blockchain is starting a revolution in currency. Blockchain should be liquidity with bit characteristics, rather than currency characteristics.
According to the Radcliffe Report, "Only liquidity is the transmission mechanism through which monetary policy affects the economy." People's spending is not limited by the amount of money available, but only by the amount of money people expect they can get. Relevant, these currencies may have been obtained as income,It may also be obtained by selling assets or borrowed. Blockchain marks value through tokens, and all assets can be expressed on the blockchain very simply. The structure and marginal cost of asset exchanges tend to be zero. The Technology Research Department of Maoqiu Technology believes that this is one of the core technologies of the blockchain, and what it brings is an explosion of liquidity in a zero marginal cost scenario.
Only liquidity is the transmission mechanism of blockchain value
The liquidity of currency generally refers to the ability of currency to be liquidated quickly without loss during circulation. As the informatization process intensifies, currency is required to be more simple and fast in transactions. The current liquidity of paper money is far lower than that of electronic money.
In the era of Internet finance, "liquidity" can be completely explained as "the flow of information that transcends the value expressed in the form of banknotes."
We all know that the central bank system cannot survive without controlling the flow of information behind value. Because the essence of the central bank's monetary policy is to control the flow of value information, or simply to deny the "information flow." This is one of the reasons why inflation has increased over the past few years.
The reason why electronic money is gradually becoming more liquid than paper money is that the value of paper money before the prosperity of the Internet is because it can provide higher value than information flow such as gold and silver. Therefore, the essence of electronic currency is direct value exchange, and the form carrier is information exchanged through digital signals through the network. This is completely consistent with the characteristics of "liquidity".
Although there was no way to know the situation of blockchain in the last century, based on liquidity analysis, the future value characteristics of currency can still be accurately grasped. Now when it comes to blockchain, most people talk about its technical aspects and rarely touch on its value content.
However, if the central banks' "quantitative easing" is tracked by the blockchain to the flow of benefits, the technology will immediately "reveal" as benefits.
Is the blockchain the general equivalent of distributed, or distributed? Specific use value
Blockchain can record and measure the monetary flow facts of transactions in a distributed manner. In a distributed transaction recording system based on blockchain technology, each node becomes an independent product consumer, and each subject Equal and decentralized decision-making, all transactions are public, transaction nodes can be anonymous, ensuring the security of node accounts, decentralized management does not require a central server, avoiding expensive operation and maintenance costs, and reducing costs.
Although the blockchain is similar in form to currency Than, it is decentralized, but the liquidity it handles is still based on general equivalents.
We all know that the emergence of blockchain is based on the increasingly serious centralization problem. From the perspective of general equivalent theory, the general equivalent It appears because the equivalents in the existing value form cannot meet the growing exchange needs, so a new equivalent is needed to make up for the shortcomings of the existing equivalents.
French biologist Jacques Monod published " "Inevitability and Contingency" mentioned: There is inevitability in the development of things. The reason why blockchainIt goes without saying that the liquidity account book is designed as a general equivalent. Of course, according to Jiang Qiping’s view of “Blockchain and Monetary Philosophy” from the Information Research Center of the Chinese Academy of Social Sciences, blockchain is now just a distributed system designed as a general equivalent. If the characteristics of general equivalents no longer play a leading role in the future, then Future liquidity will need to reflect value in utilization, use, and service applications. Therefore, the Technology Research Department of Maoqiu Technology believes that in the future, blockchain should not only reflect distribution in technology, but should also be reflected in specific value applications.
Heidegger proposed the philosophical concept: Dasein in his masterpiece "Being and Time". There is no better way to describe the blockchain here, that is, God will not be content with being a means of accounting. He wants to live in the present and the purpose of being. This means that if the blockchain wants to develop for a long time, it must develop a function that can be used contextually as a being, rather than a flash in the pan.
If blockchain is no longer a general equivalent, how to view liquidity
From Jiang Qiping’s liquidity point of view, shells, currencies, and blockchain are liquidity in different historical periods and under different value logics. Different carriers. Currency, as liquidity, ignores the use characteristics of value, which are always specific, local, and current, and therefore can only be distributed.
The Technology Research Department of Maoqiu Technology believes that when blockchain captures the distributed characteristics of liquidity, although it will be used as a ledger of general equivalents in the early days, it will eventually have to be modified. Negation of negation develops a valuation function corresponding to services.
Ⅹ Industry serves the country丨Discuss how HTP digital token empowers entities!
The National Development and Reform Commission defines the "mining" industry as an obsolete industry. The core reason is that virtual currency mining not only produces a large amount of carbon emissions, but also has systemic financial risks and cannot be a healthy development. industrial chain. The state controls and guides this.
Blockchain is a cryptography. It is an indispensable way to enhance trust technologies in the Internet era. In the process of development, it is essential to pass token as its incentive means. How can we apply blockchain technology and digital tokens to empower the real economy, assist industrial upgrading, and supply-side reform? This is the direction that blockchain technology companies need to focus on in the future, rather than focusing on the mining of virtual currencies. This is putting the cart before the horse.
Many people have seen the news that China has completely banned virtual currency transactions. People who have learned about blockchain will be more or less anxious and have some worries in their hearts. Why do national policies vigorously support the application of blockchain technology, but instead suppress virtual currency transactions?
Many people here have fallen into a misunderstanding. Blockchain is the underlying technology, digital tokens are incentives, and virtual currencies are financial tools. Many people equate the concepts of digital tokens and virtual currencies. This is wrong., let me popularize the concept of tokens in Heli:
1. Three elements of tokens:
1. Digital proof of rights. The token must be a certificate of equity that exists in digital form, and it must represent a right and inherent value. Tokens can represent all rights and interests that can be digitized, from ID cards to academic diplomas, from currency to bills, from keys and tickets to points and coupons, from stocks to bonds, accounts, ownership, qualifications, certificates and other rights and interests in human society. Proofs can all be represented by tokens.
2. Encryption. The authenticity, tamper resistance, privacy protection and other capabilities of the pass are guaranteed by cryptography. Each pass is a right protected by cryptography. This protection is stronger and more reliable. 3. Can be circulated. Tokens must be able to flow within a network so that they can be verified anytime and anywhere.
2. Tokens and Blockchain
Blockchain is the underlying technology, and tokens are the economic form. Tokens are a unique application of blockchain. Without them, the incentive effect may be reduced, and the advantages of blockchain may not be fully utilized. Blockchain provides a solid foundation of trust for tokens. Just as The Economist calls blockchain a “trust machine.”
1. Blockchain is a natural cryptographic infrastructure. In theory, blockchain can use cryptography to provide reliable security for tokens.
2. Blockchain is a transaction and circulation infrastructure that can provide a high-liquidity environment for tokens, enabling fast transactions and rapid circulation.
3. Blockchain is decentralized. This makes it much more difficult to artificially tamper with records, block circulation, affect prices, and destroy trust.
4. The token must have intrinsic value and use value. Blockchain technology is suitable for encrypted decentralized electronic certificates. It is also very suitable for issuing, registering and circulating certificates to realize value transfer. Blockchain can give rich and dynamic uses to certificates through smart contracts.
3. Classification of Tokens
Tokens are a brand new thing, and there is still no consensus on the classification of tokens. Here are the several classifications we see:
(1) The Swiss Financial Market Supervisory Authority (FINMA) divides tokens into the following three types: 1. Payment tokens (payment); 2. .Utility token (utility); 3. Asset token (asset). Among them, asset tokens can be regarded as “security”, and sometimes utility tokens are also translated into “functional tokens”.
(2) According to the United States According to the SEC's classification method, tokens are divided into two categories: securities and non-securities. SEC usually uses "HoweyTest" to determine whether a certain financial instrument is an "investment contract" and thus constitutes a "securities". "HoweyTest" contains four elements: 1. Capital investment; 2. Investment in a common enterprise; 3. Congratulations on Zen 4. Not directly involved in business operations, only relying on the efforts of the sponsor or a third party.
(3) Audrey Nesbitt divided tokens into two major categories and four smaller categories. I think this may be the most scientific classification. Among them, a relatively strict distinction should be made between the two major categories, but there is no need to make a clear distinction between the smaller categories. Its classification is as follows: 1. Utility token (utility to ken). a. Product or service token (use of proct) represents the right to use the company’s products or services. b. Reward token, users receive rewards through their actions. 2. Security token. .a. Equity token, similar to a company’s equity, bonds, etc. B. Asset token corresponds to assets in the physical world, such as real estate, gold, etc.
HTP TOKEN is a type of blockchain physical accounting digital token. Its core application is to help upgrade consumption, connect the upstream and downstream of various industrial chains, and integrate manufacturers (supply side) and dealers ( terminals) and consumers, forming a healthy ecosystem.
HTP token is a public chain digital token jointly initiated by hundreds of companies across the country. It has a fixed number of issuances and a single circulation method.
1. Only by purchasing chain modification products can you obtain HTP, this is the only way to obtain new HTP channels; The channels are diverse and the value is stable. Its holders are HTP token platform "virtual shareholders" who can enjoy its value-added dividends;
3. HTP empowers traditional enterprises, integrates industrial chain upgrades, promotes consumption recovery, and stabilizes Investment; purchase products on the HTP chain reform platform, hold HTP, and enjoy HTP value-added dividends!
HTP token strategic planning is in line with national strategic development. There is no "mining", only consumption promotion, no virtual currency, only accounting pass. Explore the road of industrial service to the country, innovate the Hongbao mall model, and empower entity operations with new business methods.