Category: Press Release

Bitcoin, as the No.1 wealth maker, has risen 10 million times in more than 10 years, creating countless billionaires. Even so, bitcoin, as the first application of cryptocurrency, is still considered to be the most valuable asset for investment, and it continues to be favored by the world’s top investment institutions. It has shown much more advanced features in cross-border remittances and special transactions than the current payment system. Such as the super fast speed of transfer in a few minutes, the low transfer cost and limited supply. The number of…

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As of October 2020, the number of active internet users worldwide will exceed 4.6 billion which is over 59% of the global population. The users are distributed all over the world and with higher data capacity generated from 5G networks, daily access by users on the internet will result in a high market demand for cloud based storages. Cloud storage refers to a collection of large number of different types of storage devices interconnected on a network. Using cluster applications, network technology, and distributed file systems, it provides data storage…

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The continuous development of technology has popularized the concept of digital currency among the public in recent years, and 2020 can be considered as the year that digital currencies have made a comeback. The Bank for International Settlement’s recent communiqué shows that as of December 2020, at least 36 official institutions around the world have issued plans for their own digital currency. Among them, Ecuador, Ukraine and Uruguay have completed retail trials for native digital currencies. The emergence of digital currency is the result of the joint effects of technological…

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The emergence of blockchain makes us all feel more convenient for decentralization, while the combination of blockchain and 5G technology is full of wireless imagination.With the rapid development of the global economy, many organizations have been quietly seizing the 5G plateau. The US telecom giant AT&T was the first to independently research a patent for using blockchain technology in home user servers in 2016. According to the file description, this belongs to a decentralized and distributed secure home user server device. This patent is the first application exploration in the…

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VRM, a high-frequency trading company, has announced that it is now averaging daily trading volumes of $15 billion to $20 billion as its influence in the crypto market grows. The company trades AI-based quantitative high-frequency strategies on the crypto market, and also provides exchanges with proper market-making solutions. VRM works across major trading platforms including BitMEX, OKEx, Huobi, Binance and Bithumb. One of VRM’s newest innovations is Black Ocean, which provides Dark Pool and Liquidity Pool access that will benefit traders, investors, and retail-focused businesses in the crypto markets. Offering…

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The Current Dilemma of the GAMI&How Does PIST Trust is the Relief? The asset management industry is undoubtedly one of the fastest growing areas in the global financial service industry; playing an important role in some aspects. i.e optimizing the allocation of financial resources, Improving the efficiency of the financial market, and promoting innovation in financial instruments. All these contributed over a long span of time. However this industry met with some challenges especially in the area of development, hitting almost a total waterloo in recent years. 2015 was such…

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At 10:19 on the 21st, the first Wuyishan “international freight train” departed at the Wuyishan land port. The first train departs from Wuyi Mountain via Khorgos in Xinjiang and arrives at Central Asian ports such as Almaty in Kazakhstan and Tashkent in Uzbekistan. The whole train has 42 cars, whose goods mainly come from northern Fujian and surrounding areas. The categories of which are mainly plastic products, small home furnishings, textiles, and machinery. They are expected to arrive at ports such as Almaty in 9 days. This freight train is…

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 In 2010, in the early days of Bitcoin’s creation, BM challenged Satoshi Nakamoto and believed that Bitcoin’s consensus mechanism must be changed and proposed improvements.  However, the arrogant Satoshi Nakamoto did not adopt it. After emphasizing the importance and necessity of Bitcoin decentralization, he responded aggressively: If you don’t believe me or don’t get it, I don’  t have time to try to convince you, sorry.  Several years later, BM founded EOS and realized his own consensus mechanism.  Since it is a rumor, let’s just listen to it.  But when…

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 On public chains such as Bitcoin or Ethereum, anyone can read and write data.  Reading data is free, but it costs a certain amount to write data to the public chain. This overhead helps prevent spam and protects its security through payment.  Any node on the network (each connected device containing a copy of the ledger is called a node) can participate in a method called mining to protect the network.  Since mining requires computing power and electricity fees, miners need to be paid for their services. This is also…

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New York, NY-Cathy Sun, the CEO of the Blockchain News Portal Linlu Media, expressed her ideas on the future of digital asset encryption technology during an interview. Nowadays, as cryptocurrency reaches an unprecedented popularity and digital assets are fast becoming the order of the day, innovation in digital asset encryption technology is the need of the hour. It goes without saying that beefing up the security of a blockchain infrastructure requires some serious innovation and that’s where many crypto exchanges need to step up their game. Upgrading and innovation of…

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