Hello. 👋🏻 In this post, we will tell you about the digital currency as an inevitable stage of technological development.
📈 The rapid emergence and development of technological innovation is fundamentally changing the face of the modern world and requires a new architecture of the global financial system.
📈 Technological innovations lead to an avalanche growth of financial flows from the commercialization of these innovations. All of this has a tremendous impact on the financial services sector.
📈 According to forecasts made by PWC in 2016, fintech could gain 28% of the banking and payments market and up to 22% of the insurance, asset management and wealth management market by 2020.
🔗 In essence, new technologies have changed not only the historically formed landscape for the provision of financial services, giving it freshness, dynamics and new colors, but also changed the attitude towards such a concept as "money", realizing in a fairly short period of time the transition from cash to digital one.
💰 Remote banking, mobile banking, internet banking, instant payments, remote identification, NFC technologies, e-commerce are not a complete list of recent innovations in the financial sector.
✅ DSF blockchain is a decentralized social financial network. It has a social platform based on the blockchain identity. The social relationship data of all social platforms are uploaded to the chain, and decentralized financial wallets are linked through smart contracts to realize a blockchain world restructured based on real-life social relationships.
✅ In the new DSF decentralized social network, the core technologies and models of the three major blockchains have been deeply added.
🔹 Firstly, a genuine digital currency right that allows users to have very strong personal assets on the social network, and these assets generate actual use value through various financial services.
🔹 Secondly, the social relationship is on the chain. It is no longer the friend relationship between ID in the social network of the 1.0 era, but the social relationship between the ID-bound addresses. These social relationship data will be on the chain.
🔹 Thirdly, the social relationship smart contract. This smart contract will connect the social relationship data on the chain to provide an interface for the next generation of blockchain financial products.
Learn more about the DSF’s features and opportunities:
https://dsft.io