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In the face of the "rising tide" of digital currencies, Google, Amazon and other giants are not calm?

Time : 06/04/2022 Author : 4jfzg5 Click : + -
        At the beginning and end of the year, the days of the coin circle are still not peaceful. According to media reports, the Renren blockchain project rrcoin, which has been privately placed a while ago, has been interviewed by the regulatory authorities. The rrcoin project is being refunded, which has caused quite a stir in the industry. Rrcoin is an open source blockchain platform provided by Renren for social networks. Renren sells rrcoin as a token through private placement and other forms. Rrcoin will provide an operating medium for the platform's smart contract and trading behavior, and will be used in live broadcast, social games, wallet applications and other scenarios. It is undeniable that rrcoin is a typical virtual currency. In the context of the prohibition of ICO in China, it is only a matter of time before the project will be stopped. Since it touches the regulatory red line, it is unknown whether it can be re launched after optimization.
        In the first half of 2017, digital currency developed rapidly in China. Various forms of digital currency, such as bitcoin, litecoin, dogcoin, ripple coin, lisk, Ethereum, and Ethereum, entered the public's attention. When people were "full of blood" ready to invest in it, they were drowned out by the regulatory "cold water". On September 4, 2017, the people's Bank of China announced on its website that a large number of domestic financing activities through the issuance of tokens, including initial token issuance (ICO), were emerging, speculation was prevalent, and illegal financial activities were suspected, which seriously disrupted the economic and financial order. After that, the central bank and other seven ministries and commissions issued an announcement, requiring that all kinds of token issuance and financing activities be immediately stopped from the date of the announcement.
        Since September last year, Chinese regulators have blocked the ICO and shut down the domestic bitcoin exchange. The supervision on digital currency is unprecedented. Under such a situation, some digital currency companies have to cross the ocean to carry out business. After all, there are great differences in the attitudes of countries around the world towards bitcoin, which show different degrees of restrictions or encouragement. In a free country, digital currency has been "rising with the tide". According to the data of, a digital currency trading platform, bitcoin has risen from the price of nearly 10000 yuan each in 2017 to about 100000 yuan. At present, the total market value of the whole digital currency field has reached $600 billion, of which bitcoin has a market value of $323 billion. In addition, there are some well-known cryptocurrencies based on the blockchain, such as Ethereum, ripple and litecoin, with a market value of $71 billion, 29 billion and 17.6 billion respectively.
        At present, there are 26 cryptocurrencies with a market value of more than US $1 billion. In the face of such temptation, some international tycoons can not help but take action one after another. A few days ago, Kodak, a film maker, announced that it had reached a cooperation with wenndigital to jointly release Kodak coin. It is understood that Kodak coin is a cryptocurrency with pictures as its core. Using blockchain technology, it can help photographers and agencies better control and manage image copyright. In addition to Kodak, Google, the Silicon Valley tycoon, seems to have taken action. This move can not help but make people doubt that after successively occupying the heights of cloud computing, artificial intelligence, big data, voice assistant, augmented reality, machine / deep learning and other fields, digital currency may be Google's next "capture" target. After all, Google's parent company alphabet has invested in the blockchain company ripple and the trading platform ledger x, which are closely related to cryptocurrency.
        However, at present, Google has not taken any other action. In fact, as early as 2013, Amazon obtained "" and the website is currently redirected to Amazon's home page, indicating Amazon's intention of self-protection. It is difficult for ordinary people to understand the profound characteristics of cryptocurrency and blockchain technology, but Google, apple, Amazon and Facebook have always attracted engineering talents and researchers from the world's top universities. These people know more about computer science than most people. If blockchain really has the technical advantages that people say and digital currency has good prospects, it is not surprising that these companies have invested in it. (by Guo min).
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