Overview the application scenarios of

  • and the business opportunity of trillion yuan can not be missed!

    The convening of the two sessions made once again stand on the cusp. Contrary to the previous high-pressure situation of strict supervision and strong suppression, the two sessions gave more tolerance and understanding to the . Whether it is a traditional industry giant or a start-ups, they all have begun to deploy the . The number of landing applications has increased, and investment and financing tend to be more rational.

    This change stems from the recognition of , as well as the fact that technology has changed the world.

    The large-scale commercial era of is coming soon!

    is a value network created based on distributed ledger technology and is the world’s leading public system. Under the leadership of core technology team in Silicon Valley, on the basis of significant scientific and technological progress made by , is working towards a wider range of scenario applications!
    Today, let’s take a look at the application scenarios of :
    Transfer business, cross-border remittance
    This is the most important application scenario for .

    technology has taken advantage of its unique advantages for traditional cross-border transfers, high remittance procedures, and slow transaction speeds. Cross-border remittances based on technology allow users to complete transfers at a lower cost and faster rate under a decentralized mechanism. In addition, the use of technology to transfer and remit money, as well as reduce liquidation costs, enhance financial liquidity, support multiple currencies, and facilitate payment supervision and other advantages.

    Smart bills
    The financial bill business has always been a hot application field of technology. underlying architecture and technical features support the pan-financial business, providing enterprises with a based promissory trading system.

    Application of securities and investment markets
    In the securities market, technology can be applied to securities registration and issuance, securities clearing and settlement, etc., which can greatly simplify intermediate links and transaction processes, improve market transaction efficiency, and help promote transaction settlement to realize the real-time full transaction of T+0. By building smart contracts on the to turn securities into digital smart assets, smart contracts will stipulate the rights and obligations of the participants, the automation of execution is realized in the way of computing program, and the cost of manual operation is reduced again.

    Intelligent payment scenario application
    The traditional payment model relies on the trust of the center and the intermediary. The technology provides a , scripting according to the specific transaction mode, and automatically completing the payment when certain conditions are met. The development of smart contracts may cause the intermediary links to disappear, such as various conditional guarantee payments, and various types of agency payment business.

    Other industries

    is an underlying public system with proprietary intellectual property rights. It has the characteristics of technology and can be applied well in more industries. is committed to making the industry an alternative in the cross-border payment industry, but other financial derivatives can be launched simultaneously to expand its ecosystem applications more broadly.

    Since its inception in 2009, technology has been developed for more than a decade. From the initial embryonic development to the stage of hot discussion, to the growing application scenarios and industry maps, the technology has withstood the test of time.

    With the support of favorable policies, the development of will usher in a bright future.
    The business opportunity of trillion yuan is coming, are you ready?

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