Blockchain - the next step for A-shares to soar!

Recently , another concept suddenly emerged in the A- share market. The latest "dark horse" is the blockchain concept, which is also called "the poetry and distance of the Internet" by institutions.

On April 11 , a new trading week began. Both the Shanghai and Shenzhen Composite Indexes encountered resistance at the opening and experienced a volatile decline. In the morning, blockchain concept stocks rose sharply . Feitian Chengxin was the first to close the board, and China Media Capital rose straight to the limit in the late trading. At the same time, Yingshisheng rose 7.89% , and Haili Meida ranked first with a 5.43% increase .

Industry insiders analyzed that in the context of the overall downturn in A- shares, companies such as Yingfangwei have won the favor of a large number of investors by virtue of the application and development of blockchain technology.

Feitian Chengxin (48.380, -1.53, -3.07%) has also become one of the current dark horse representatives, and has revealed that it has relevant technical reserves. An investor asked Feitian Chengxin ( 300386 ) on the Panorama Network interactive platform whether the company has relevant technical reserves for blockchain technology related to digital currency. Feitian Chengxin responded that the company currently has certain technical reserves and research in blockchain technology. The company will actively participate in digital currency and other blockchain technology industries in the future.

At the same time, China UnionPay, a giant in the field of domestic bank automatic teller machines ( ATMs ) and other automatic currency processing equipment and related system software, has also paid attention to the development trend of digital currency for a long time, and has established a special team to carry out related work around the industry development needs of digital currency, one of the focuses of which is blockchain technology research.

Therefore, our entire financial circle has to re-examine information about blockchain and digital currency.

At present, blockchain technology has gradually come into people's attention, and digital currency has been recognized by more and more people. In January 2016 , the first domestic mortgage digital asset certificate Ruitai Coin was launched on the Xigu trading platform.

In order to ensure the continuity of assets and projects and the consistency between the project structure and the principles of Ruitaicoin, Ruitaicoin has implemented a regulatory model for project operation information and asset information based on the core technology of blockchain, so as to achieve transparency of Ruitaicoin value information and fairness of market information.

In addition to replacing the POW mechanism with a one-time mortgage issuance of physical asset packages, Ruitai Coin also has a POS trial automatic dividend distribution, accounting mechanism and a supporting TOKEN2 automatic supervision mechanism, and has determined the open principle and execution mechanism of source code disclosure and free trading from the beginning.

When a new thing just emerges, it is always controversial, just like Nokia never expected that its rejection of Android would lead to the decline of the entire enterprise. In this society where technology is advancing at a rapid pace, we must first keep up with the development of the times. It is impossible that everyone starts using mobile phones while you are still using pagers. The same is true for all walks of life. The first to come will eat meat, and the later ones will not even have soup. Based on the core technology of blockchain, Ruitai Coin will only have a wider impact on its future development path, covering education, politics, auditing, medicine and other fields. There is no doubt about this.