What are the blockchain projects that are acceptable in China?

Since Satoshi Nakamoto created "Bitcoin" in 2009, a great technology has slowly begun to surface. "Blockchain", as the underlying technology of Bitcoin, has gradually attracted people's attention due to its decentralization, openness, transparency and tamper-proof characteristics, and has shown a very broad application prospect. Now projects based on blockchain technology are emerging in an endless stream, and due to the huge wealth-creating effect of Bitcoin, various tokens are popular. At present, we have ushered in the biggest "trend".

1. NEO (NEO is an asset digitization system based on blockchain technology)

NEO's three perfect systems are the foundation of its excellent project. NEO is a non-profit community-based blockchain project. It is a distributed network that uses blockchain technology and digital identity to digitize assets and smart contracts to automate the management of digital assets to achieve "smart economy".

2. DGCoin

The blockchain behind the DigiCoin is named DIGI, which stands for decentralized intelligent international token. This blockchain combines the transaction records of DigiCoin, the buy and sell tokens of the Zhouji trading platform, and the trading tokens of all legal currencies of DigiBank. For example, this platform is running in 6 countries at the same time, and each country uses its own unique legal currency. The Zhouji trading platform provides a buying and selling platform for legal currencies and DigiCoin. Frequent transactions produce the supply and demand of both.

At this time, a customer requests through the Diju Bank to transfer a sum of abandoned stable currency from country A to country B. This request forms a password on the same blockchain, and the blockchain intelligently searches and matches orders from the Zhouji trading platform. When all conditions are met, the entire cycle of transactions occurs synchronously, and the node of the cycle is formed by the electronic receipt sent by the payee to the payee. The legal currency has not left its borders, but the needs of the payer and the payee have been met. The international transfer needs of many customers of Diju Bank have formed additional demand for the purchase of Diju coins, which has led to a steady increase in the market value of Diju coins.

The transactions between DIGI blockchain and DIGI Coin unite a group of international traders and bank clients, and through their invisible interactions, they form the bottom layer of the DIGI Coin ecosystem.

3. QTUM

Qtum is the first POS smart contract platform based on the UTXO model. It can achieve compatibility with the Bitcoin ecosystem and the Ethereum ecosystem. Through the mobile strategy, it promotes the productization of blockchain technology and improves the usability of the blockchain industry. The purpose is to connect the real business world with the blockchain world.

4. Shared Chain (SSS)

The Sharing Chain aims to achieve value quantification and value circulation within the platform by using the Sharing Chain Token (SSS), build a data uniqueness and credibility credit system, create a trusted ecosystem for the sharing economy, and truly realize the great vision of "credit interconnection, shared future".

5. ONT (Ontology Network is a new generation of distributed trust chain)

Ontology Network proposes a new concept of basic chain - a public chain based on trusted underlying infrastructure and trusted underlying value channels, which can connect the blockchain world and the Internet world, and turn traditional Internet data into a blockchain application through the Ontology Network. At the same time, it has application scenarios in asset management, copyright protection, Internet of Things, charity, insurance services, financial services, government administration, medical services, etc.

Some people assert that blockchain will be the greatest technological innovation in the 21st century. If this is the case, we should still keep up with the pace of the times. After all, technology is changing with each passing day. An attitude of not accepting or recognizing it will only lead to our own blockage. By the time we repent, it may be too late. The dividends are always shared by the first group of people to enter. It is good enough for those who come later to get some benefits, but those who dare to be the first to enter are also taking huge risks.

This article is for commercial promotion only and does not represent the position of Wabi.com. Cryptocurrency is a high-risk industry. Please invest with caution. We are not responsible for any losses!