A year or two ago, we didn't really know the Phone Number List details of the Internet of Value. But the ICO boom of 2017 gave us a glimpse into the Internet of Value. In addition to various native blockchain tokens, many off-chain values can be Phone Number List mapped to on-chain through smart contracts. These tokens are actually the financial value of these off-chain values. By mapping on-chain, they are digitized, transmitted without intermediaries Phone Number List , and can be programmed via smart contracts. We can compare traditional finance with crypto finance.
Since both are financial, the essence is to realize Phone Number List financial functions. First, currency and payments. We discovered that Bitcoin creates money through accounting nodes and pays through distributed ledgers. For users, the Phone Number List experience may be similar to a traditional digital wallet, but the mechanics behind it are completely different. To handle banking business, you still need to open an account at an offline bank counter, which Phone Number List is part of the reason why more than 2 billion unbanked people are still unable to enjoy banking services.
But for Bitcoin, just generate a 256 binary Phone Number List as a private key and use it to generate an account. For smartphone users, it will be very simple. Payment is also very simple. Cryptofinance enables everyone to issue, control or send Phone Number List money. Second, for equity financing, crypto finance allows the use of ICOs, allowing everyone to issue their own shares. However, there are few other financial services in crypto finance, as the Phone Number List Internet of Value era is just beginning.