Over the past few centuries, humanity has witnessed the birth of successive technological revolutions, such as the industrial revolution, the railroad revolution, and the oil revolution. These revolutions have significantly […] More
Law, as a mechanism of allocating social resources, is determined by the objective requirements of socio-economic development and directly affects the entire process of economic operation. It is a system […] More
The traditional system structure is a highly centralized structure that relies on a centralized institution under the institutional and legal framework for the corresponding processing, for example, the settlement of […] More
In market activities, due to the existence of human “limited rationality” and “opportunistic behavior”, market transactions are always in a state of incomplete information. This can lead to market price […] More
To a skeptic, this sounds like a rhetorical question, as Bitcoin is destined to become the foundational hub of a new global financial system. Bitcoin’s vision is to create a […] More
In 1992, MIT computer scientist David Clark said, “We reject kings, presidents and votes. We believe in broad consensus and running code.” It was an ode to the first generation […] More
Founded in June 2012, Coinbase’s business consists primarily of a bitcoin wallet and trading platform that allows merchants and consumers to transact with the new digital currency, bitcoin. Headquartered in […] More
Smart contracts are computer programs that can automatically enforce the terms of a contract. One day, these programs may replace lawyers and banks that handle certain financial transactions. The main […] More
The eight-core functions of financial services are Value Validation, Value Transfer, Store of Value, Lending for Value, Value Exchange, Financing and Investment, Value Insurance and Risk Management, and Value Accounting. […] More
Big banks and some governments are implementing blockchain as a distributed ledger to change the way information is stored and transactions occur. Their goals are laudable – high speed, low […] More
“Blockchain” is a collection of concepts and technologies based on distributed systems and cryptography, and is a product of the rapid development of the Internet and information technology as always. […] More
2015 is the first year of blockchain. Many major organizations in the world, including Goldman Sachs, Citibank, Bank of England, Central Bank of the United States and other institutions, have […] More
Bitcoin was born in 2009 and was first confined to a small circle of geeks. After users outside of the code-breaking users outside of the cryptocurrency community began to become […] More
Ripple is a real-time gross settlement system, currency exchange and remittance network created by American technology company Ripple Labs Inc. Ripple is not primarily a cryptocurrency. Rather, it is a […] More
Litecoin is an early Bitcoin derivative or altcoin that uses blockchain technology. It is a peer-to-peer cryptocurrency, the open source software project released under the MIT/X11 license, and it can […] More
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