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What is the Currency Circle行 (What does the Currency Circle refer to)?

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What is Currency Circle行? What is Currency Circle? It is a platform for industr

What is the Currency Circle行 (What does the Currency Circle refer to)?

What is Currency Circle行? What is Currency Circle? It is a platform for industry consulting and guidance services in the blockchain industry, mainly providing assistance to companies through project training and incubation in the Internet field. Specifically, it uses network technology and the dissemination and popularization of various emerging technologies to improve overall business operations efficiency, reduce costs, and enhance customer experience for enterprises.

According to reports, several domestic industry experts have joined the organization to conduct live broadcasts, including Liu Changyong, Chairman of the Board of Directors of Qianhai Weizhong Bank, and Li Junjie, Deputy General Manager of China Telecom.

What does Currency Circle refer to?

Currency Circle refers to a series of new things including digital currency. From the current trading model, it does not have any fundamentally different characteristics from traditional financial markets. It simply refers to a new type of virtual economy that can conduct business or provide services with a certain quantity or scale under certain specific conditions.

For ordinary investors, it is necessary to first understand what blockchain technology is, its applications, and its future development direction. At the same time, we must also know how blockchain technology is applied in various industries, such as payment networks (such as PayPal) and e-wallets (such as Google Pay). Another area of interest is the cryptocurrency exchange.

Of course, this group of people may not be familiar with terms like Bitcoin and ICO. They are more concerned about the cryptocurrency field, but are more concerned about individuals involved in illegal activities and fraudulent behaviors. Therefore, they are also looking for new ways to invest. Therefore, if cryptocurrency assets are regarded as an emerging industry, it can be understood as a “generational wealth”.

So what makes these so-called digital currencies become mainstream? Simply put, it is the “token” or “token” whose main purpose is to motivate participants to create value and achieve profit or gains through this method. For example, “Bitcoin,” “Ethereum,” “Ripple,” “EOS,” “Litecoin,” and so on. They all have the same purpose, but are extraordinary in different ways.

For example: “People say they want to use Bitcoin to purchase goods.” In fact, it is not the case because everyone wants to own a string of codes and believes that their invention will generate huge returns. In fact, Bitcoin and Bitcoin are platforms for software developers to create products.

In other words, anyone can create applications based on smart contracts and use Bitcoin for peer-to-peer exchanges, just like computers on the Internet. Bitcoin does not have much connection to other cryptocurrencies, even at the lowest technical level. However, due to the interest of many people, it is necessary to use this feature to build a variety of systems. In addition, there are other projects that can generate additional sources of income by joining this ecosystem.

For example, Yang Haipo, the founder of the Bitcoin mining pool Bitcoin.com, once posted: “I think what everyone is seeing now is a concept called ‘Currency Circle.’ In fact, many projects have similar functions and mechanisms, such as mining, transfers, and custody. As long as you can provide sufficient data, you can make money. For example, if your website has a large number of advertisements and push notifications, more users will be attracted. This is why everyone likes to communicate with others and promote progress.”

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