At the 2017 Summer Davos Forum held in Dalian, Liaoning some time ago, the World Economic Forum officially released the white paper "Realizing the Potential of Blockchain", pointing out that blockchain (distributed ledger technology) is about to create a more disruptive and transformative era of value Internet. The white paper describes the potential of blockchain and provides suggestions on how blockchain can be spread in global infrastructure. Blockchain was first created by Satoshi Nakamoto's Bitcoin. When people mention Bitcoin, they think of its decentralization, anonymity, and information immutability without an issuing agency. Bitcoin has all these advantages thanks to blockchain technology. Since 2009, various Bitcoin-like digital currencies have emerged, all based on blockchain technology. With the development of technology, blockchain is rapidly becoming one of the most useful technologies in the world, not only for digital currencies, but also for many other fields. In recent years, blockchain + finance, blockchain + medical care, blockchain + artificial intelligence, blockchain + supply chain, etc. have not only solved security, privacy and reliability issues, but also provided better services for people. With the strengthening of my country's spiritual civilization construction, the country is also carrying out the "National Reading" campaign. In order to respond to the national call and provide a better experience for the public, Yuelian based on blockchain technology came into being. Yuelian is an application of blockchain + reading. When blockchain technology is applied to national reading, it will solve the pain points of reading, such as insufficient copyright protection, uneven resource distribution, inappropriate system, and user group incompatibility. Yuelian does this, and in order to cultivate users' good reading and creative habits, it has also opened a POR (proof of reading points, proof of reading in blockchain technology, a tradable virtual currency) points system based on reading volume. In addition, in order to provide a better experience, a side chain, the application chain POA, has been specially developed on its main chain YueChain. POA performs the function of tokens, is generated once in the YueChain ICO, has a constant scale, and its value is fundamentally equivalent to the service demand value of all application users. It is a direct dynamically assigned digital asset. The POA token issued by YueChain ICO is an application value compensation tool. The larger the scale of the application side chain, the more valuable POA is, which will drive a wave of wealth creation. Currently, POA tokens are being ICOed on three platforms: allcoin, icorace, and neo.rufcb. As of 10:00 am on July 4, 2017, the public and private fundraising amount of Yuelian ICO successfully exceeded the lower limit of 30 million POA of this ICO and reached 31.6 million POA. |
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