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
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
“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
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