What is the Chinese name of riodefi (What does rio mean in Chinese)?
What is the Chinese name of riodefi? According to official sources, on February
What is the Chinese name of riodefi? According to official sources, on February 11, 2021 (Saturday), the Chinese name of RioDeFi, a blockchain service network operator, is “defifinance.” It is an all-in-one solution for the financial field.
It is reported that the project aims to build an open platform to address various pain points in the current traditional financial field, including lending, decentralized exchanges, and Ethereum-based digital asset derivatives trading. At the same time, developers can use this system to create their own applications and products, including decentralized loan markets, asset tokenization, smart contracts, insurance protocols, and more.
What does rio mean in Chinese?
According to cointelegraph, the Chinese meaning of RIO (RioNetwork) is “sub wallet” or “mirror network.” The project uses blockchain technology to build and maintain a digital asset management and application platform based on Ethereum. It is also a decentralized distributed ledger system. It is said that before June 2019, rio was the name of a new cryptocurrency developed by BM, the founder of EOS. This means that users can store their tokens in a smart contract called riobrazil.
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