No matter how important the traditional financial service facility is, it is still plagued by many problems. The main source of the problem lies in its centralized operation mode, which makes the individual’s economic freedom deprived to some extent. DeFi is decentralized finance. It has the ability to solve many problems of the traditional financial system through peer-to-peer finance. It is a landing scenario that perfectly fits the characteristics of the blockchain (decentralization, openness, anonymity, trustworthiness, and value transfer). DeFi is the first real application in the decentralized world after Bitcoin. We firmly believe that DeFi will step out of the Crypto circle one day and become the trend of open finance! As of the end of July 2020, there are about 5 million...

Bitget, a global leading cryptocurrency derivatives exchange, officially launched One Click to Copy Trade on Web, which means Bitget users will be able to do copy trade on web. The multi-port operation mode not only caters for different needs, but it also reflects Bitget’s concept of insisting on user first. In May 2020, Bitget was the first one to launch One Click to Copy Trade, and it is now the world’s largest platform for contract copy trade. The product, designed to address the general trading issues between users and traders, has become a hit amont the institutional users and private investors once it is launched. So far, according to official data, 3,800 traders have registered on Bitget, with a cumulative total of orders of 2.33 million. One Click to Copy Trade are initi...

Today’s world has entered the bottom of the technology cycle, the top of the financial cycle, and the edge of the collapse of the international order. The new crown epidemic has raided us, pierced the global asset bubble, penetrated the oil price, and is breaking the global order, bringing more uncertainty. Humans use the power of the free market to fight against the uncertainties of the forces of nature, but the uncertainties of the market are counterproductive to mankind. At present, the uncertainty of the power of nature is deeply entangled with the uncertainty of the market, making the world anxious. We urgently need a new order that can turn the tide in the chaos, and we urgently need to lead the way out of the wild. In the real world, the best manifestation of value is ass...

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 50 million wallets is a sign of global recognition. Although the price of bitcoin has reached a record high again, many people are still optimistic about it and want to continue to hold bitcoin for a long time, but storing bitcoin...

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 for business application access to the outside world. In simple terms, cloud storage is the collection of assessable storage resources for users using networkable devices at any time and any place. The second leading global market re...

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 progress and economic development, and has become the infrastructure behind the development of the digital economy. At the same time, cryptocurrency exchanges carry the roles of transaction intermediaries and l...

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 field of blockchain by the US telecom industry. This is also the first new attempt of blockchain +5G landing application scene. At present, some innovative countries in the world have begun to use 5G ...

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 crypto custody, loans and a fiat on-ramp to corporations and professional investors, the project has been established to ensure large chunks of crypto assets can be tra...

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 a year to forget for this industry in this regard. Notably nonetheless is that it didn’t take too long until the industry rose out of the of ashes; finding its footing just two years after hitting rock b...

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 mainly operated by Central Asia and China-Russia international trains. It is the first land trade channel in northern Fujian which directly connects Central Asia and Europe. It is also the second Fujian train to the countries along the “The B...