The first year of blockchain: entropy Tao foundation enters the blockchain industry

Blockchain technology is derived from bitcoin. With the increasing understanding of blockchain technology, the blockchain industry is also undergoing great changes. Whether at the capital level or innovation level, blockchain has become a hot word in 2016. The technical characteristics based on blockchain distributed general ledger, encryption algorithm and programmability are regarded as the cornerstone of the future digital society.

Blockchain is expected to lead the evolution of human society from information internet to value Internet. Even, this most disruptive technology after the Internet is likely to set off the fourth industrial revolution in human history together with big data, mobile Internet and cloud computing. As the value of blockchain technology is truly recognized by the world, 2016 is called the first year of blockchain.

On January 20, 2016, the people’s Bank of China held a digital currency seminar. Digital currency research experts from the people’s Bank of China, Citibank and Deloitte held discussions and exchanges on the overall framework of digital currency issuance, national digital currency in currency evolution, cryptocurrency issued by the state and other topics.

Once the news was released, bitcoin rose. Within 24 hours, the price of bitcoin rose from 2539 yuan to 2810 yuan, an increase of nearly 10%. Ethereum, an unknown blockchain, has a total market value of only $70 million. After just two months, Ethereum’s market value rose to $1.15 billion, an increase of 1600%. At this time, the value of blockchain is truly recognized by the world. Governments of various countries began to study and issue their own digital currencies, more than 50 world-class banks formed an alliance to develop blockchain interbank services, and thousands of startups in the blockchain industry sprung up.

Eric Douglas, Swedish. Douglas family is one of the largest land owners in Sweden. Eric has served on the board of the family investment company wasatorne for many years. Douglas family is the largest shareholder of latourab, which holds the shares of securitasab and assaabloy, the world’s largest lock manufacturer. In addition, Eric is also a major shareholder of abfagerhult, one of Europe’s leading lamp manufacturers. In 2005, Eric invested $5.6 million in Tesla Motors to become a member of Tesla’s board of directors.

Douglas, who is good at investment, with keen insight and new investment outlets captured in an instant, officially established the entropy Dao Foundation (entropy Dao Foundation) in October 2016 to invest in new infrastructure of blockchain digital economy and promote the development and exchange of blockchain technologies beneficial to human civilization in the world. Through the industry university research innovation of blockchain technology, promote the implementation, application and industrial development of blockchain technology, promote the integration of global science and technology and consciousness, and promote the progress of digital science and technology and digital economy

With the continuous development of blockchain, blockchain technology may widely and profoundly change people’s lifestyle, reconstruct the whole society and recast credit value. Perhaps in the future, when blockchain technology develops to a certain extent, everyone in the whole society can be used as a node to connect to this global decentralized network. The whole society enters the era of blockchain, and then allocates social resources through blockchain technology. Perhaps blockchain will become an ideal framework to promote social and economic development.

 

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