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What is blockchain finance?

Blockchain finance is actually the application of blockchain technology in the financial field.

blockchain is an underlying technology based on bitcoin, and its essence is actually a decentralized trust mechanism. By sharing in distributed nodes, we can collectively maintain a sustainable database, and realize the security and accuracy of information. The application of this technology can solve the trust and security problems in transactions, and blockchain technology has become an optional direction for the future upgrading of the financial industry. Through blockchain, both parties to the transaction can carry out economic activities without the help of a third-party credit intermediary, thus reducing the cost of assets being transferred around the world.

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Extended information:

Since p>216, major financial giants have also started blockchain innovation projects to explore the possibility of applying blockchain technology in various financial scenarios. In particular, Puyin Group pioneered the "blockchain+"standard system in digital currency. Standard-based digital currency refers to the standard-based digital currency in which assets are identified, evaluated, confirmed and insured by a third-party organization, and written into the blockchain through meticulous digital algorithm, forming a standard correspondence between assets and digital currency.

In order to realize the great leap-forward development of blockchain finance, promote the new economic development of China, accelerate the global asset circulation, and realize the dream of revival that generations have been striving for, Puyin Group will hold a ceremony to release the Guiyang strategy of Puyin blockchain finance in Guizhou on December 9, 216. At the meeting, it will discuss the digital circulation of assets, blockchain financial transaction mode, and the application of blockchain services and social public industries.

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