What kind of wealth opportunities will global payment advocated by Zuckerberg bring?
In 2010, the American Time magazine’s Person of the Year went to a young man named Mark Zuckerberg, for completed a task that had never been attempted by human beings before: connecting 500 million people around the world and building social relationships with each other.
This population will be second only to China and India, which means that Facebook is the third largest country in the world. Zuckerberg, as a person who “issues passports all over the world”, stood at the top of Forbes‘ list of the youngest billionaires. But in an open letter to the outside world, he said, “When I find it easier for people to have private interactions, payment may be the most important link in the long run.”
In the global interconnected economic network, he found a brave new world of payment. Nowadays, global financial payment faces two difficulties. First, there are 8 billion people in the world, and more than 3 billion people can’t enjoy the services of global financial infrastructure. Second, according to the evaluation of the International Monetary Fund, the current average cost of international remittance payment is 6.3%, which means that every year, intermediaries take away as much as $45 billion of funds that should belong to low-income families.
Under the demand for the benefit of the people and the Blue Ocean Market came the sensational Libra plan. Libra Sword refers to the global payment network, which has become a payment giant in the form of a currency basket containing multiple legal tender. In this way, everyone can transfer money safely with minimum cost and maximum speed. It can also connect various forms of money.
However, fearing the influence of Libra on the status of the US dollar and the United States, and the influence of Facebook’s data leaking and manipulating election events, Libra faced severe pressure from supervision. Zuckerberg’s dream of using Libra to “change the world” died in the cradle.
Although Libra has a Facebook user base of hundreds of millions, people are also afraid of the ability of a centralized organization to manipulate the world economy in the name of decentralization. From this point of view, a decentralized payment ecology that can really change the world does not necessarily need to be born with huge capital, but it must be equipped with a unique style, technical determination to change the world and a globally feasible economic scheme
IRON MAN Unbounded Payment ushers in a new world. It not only realizes the digitalization in form, but also realizes the real generalization, so that everyone can use digital financial services with low cost and high efficiency.
The act of transfer is equal to mining, which helps users to generate income and realize ecological benefits. At the same time, the user base and token appreciation expand the ecological application in reverse, expand and increase the payment demand, and form a benign ecological closed loop. It uses financial technology to help the global vulnerable groups and to promote the modernization of cross-border payment, to improve the efficiency of the global payment system and to promote global inclusive economic growth.
Recommended News
-
Opportunities and challenges of Amazon cross-border e-commerce development under the global epidemic
In 2020, the unanticipated outbreak of Neonic pneumonia swept the world While inconveniencing the lives, studies and work of all people It also forced the development of many industries to press the pause button About New Crown Pneumonia. “The world plays the first half, the world plays the second half, and cross-border e-commerce plays the whole game”. Tells how much cross-border e-commerce helplessness and heartache The epidemic changed everything. A single epidemic prevention supply won’t save millions of Amazon sellers These cross-border e-merchants are in the coldest center of the…
-
WEB3.0 major milestone: ADDAO blockchain advertising technology platform is about to be officially launched!
What is Web 3.0 advertising? In one sentence, compared with the current Web 2.0, Web 3.0 advertising is more user-centric, more efficient, transparent and secure intelligent advertising. As we emerge from the Web 2.0 ecosystem, publishers and advertisers alike are increasingly dissatisfied with this opaque and complex status quo. So regaining transparency and trust across the entire value chain—increasing user engagement and monetizing premium publishers—is the true ad industry value creator. Therefore, the ADDAO blockchain advertising technology platform came into being, and has successfully completed three rounds of IDO. According…
-
The continuation of the spirit of “Mamba”: the fantastic idea when KB Token collides with the meta universe
What would it be like if everything in real life was moved into the virtual world? What would it be like if the idol we share in our hearts were reproduced in the virtual world? The end of life is not death, but forgotten, unwilling people, please don’t stop missing. Kobe Bryant, a pronoun of tenacity, love, optimism, meaninglessness and discipline, the belief in him is the reason why we can’t let go of him, and it is also the foundation of our eternal relationship with him. So here…
-
Asthe Insurance Industry Evolves, BIG Takes the Lead with BlockchainTechnology
Thedevelopment of China’s insurance industry started relatively late.However, as the living standards of its citizens improved, theinsurance industry went through a similar overhaul. In 2020, theinsurance industry realized 4.53 trillion yuan in premium income, ayear-on-year increase of 6.1%. Among them, health insurance isgrowing at a rapid rate. In 2020, the premium income for healthinsurance will be 817.3 billion yuan, a year-on-year increase of morethan 15%. Even so, compared with the United States, Japan and othercountries, the development of China’s insurance industry is still inits infancy. In terms of insurance depth…
-
CoinW Labs Empowers the Growth of Outstanding Web3 Projects at the 2nd Tokyo Summer Hackathon
In collaboration with Cryptogram Venture (CGV), Keio University, MetaFocus, and TEAMZ, CoinW Labs concluded the first roadshow of the highly anticipated 2nd Tokyo Web3 Spring Hackathon (TWSH) on May 17th. CoinW Labs joined forces with prominent Web3 experts from around the globe to unearth promising projects and foster the accelerated growth of high-quality Web3 ventures. The second edition of TWSH was strategically positioned as “Based in Japan, looking at the world,” aiming to identify, support, and nurture exceptional individuals and teams in the Web3 domain on an international…
-
Groundbreaking Entry: CoinW Becomes offiical supporter of EAFF E-1 Championship 2022
On July 14, 2022, CoinW officially announced that it is the official supporter of EAFF E-1 Championship 2022, and the first crypto venture capital in the world to officially cooperate with the East Asian Cup. While demonstrating the competitive spirit of soccer, CoinW will also leverage the tournament to solidify its presence in the East Asian and Asian market. It will also contribute to the development of blockchain in Asia and globally, by providing diversified products, quality services and innovative technologies. The East Asian Cup has gained wide influence and popularity in…
-
IAI Token, Smart Contract Platform for New Era
1. The development of blockchain Blockchain technology is a distributed network data management technology that uses cryptography technology and distributed consensus protocols to ensure network transmission and access security, realizes multi-party data maintenance, cross-validation, consistency across the network, and it is not easy to tamper. As an important evolution of the new generation of information and communication technology, the blockchain provides new ideas for the management and value release of data elements, and provides a new way to establish a trusted collaboration network for cross-industry entities. After the COVID-19 epidemic,…
-
Le jeu Metaverse Murphy sera-t-il la star la plus éblouissante du BSC
“Quelle est exactement la fin d’Internet? Serait-ce un méta-univers?” La science-fiction “Avalanche” dépeint un monde virtuel en ligne multijoueur appelé Metaverse, où les utilisateurs peuvent voir la scène du méta-univers à travers le dispositif oculaire et se trouver dans un monde virtuel dessiné par ordinateur avec des lumières brillantes et des millions de personnes dans la rue centrale. Les routes principales et les règles mondiales du méta-univers sont formulées par la Computer Association Global Multimedia Protocol Organization.Les développeurs doivent acheter des licences de développement foncier, puis construire des rues, construire…
-
Lynk’s First NFT Collection ‘Finder’ Sells Out, Unveils Next Sequel Collection ‘Keeper’
Lynk, the SocialFi platform building a decentralised online community to accelerate the development of the Web3 economy, has achieved a resounding success with its latest NFT collection, Finder. The collection, consisting of 200 unique Finder NFTs, was sold out in less than a day, a testament to the dedication and support of Lynk’s growing community of supporters and fans. The Finder NFT collection is a breath of fresh air in the rapidly growing NFT market, offering a unique and engaging narrative for NFT collectors and enthusiasts. The NFTs hail…
-
Children in Nigeria who need basic necessities have been given supplies by CoinW Public Welfare Action
CoinW shows that it has empathy for the problems of the poor in Africa and donates aid and relief materials, to raise awareness of the brand’s purpose. On June 13, the African team of CoinW (www.coinw.com), the world’s leading cryptocurrency trading platform, and some volunteers from the crypto community pays a visit to Living Fountain Orphanage in Lagos, Nigeria, with a batch of charity supplies for the children to show their love and care. Covid-19 exacerbates poverty in Africa. Due to the economic impacts brought by the Covid-19 epidemic, poverty…