Analysis on the Development of Blockchain and Cryptocurrency in Latin American Market

In December 2019, nervos sponsored the labitconf event held in Uruguay, Montevideo. Nervos Latin American community partner Lalo Garza participated in the event and introduced the current market and community development in Latin America.

The event gathered speakers from all over the world, and also attracted hundreds of Latin Americans and people from all over the world to participate and communicate together.

In this activity, people talked about topics including education, technology and culture. The Uruguayan government encourages local communities to make disruptive innovations using blockchain and encryption technology. In his speech, Andreas antonopoulos, an advocate and expert of bitcoin, discussed the importance of maintaining an open mind and constantly improving from mistakes. Thanks to bitcoin as a strong foundation for learning and creating new opportunities, we see that LATAM Web3 ecosystem is growing.

There were many panel discussion sessions in the event: a group composed of Latin American exchanges expressed their views on the theme of "how to deal with the Latin American crisis"; The team composed of KOL, who studies international cryptocurrency, shared their views on how bitcoin has had a profound impact and change on Latin American communities, especially in areas where they once or are still living in difficult economic and political situations; Some interesting group discussions focused on "how to monetize their own data", "the importance of regional adoption of stable currency and defi" and how to develop cryptocurrency into a decentralized tool for many Latin American countries to deal with inflation.

Near the nervos project booth, we met many community partners from different backgrounds. Most of them are developing in the defi ecosystem. They have experienced Web3 developers and novices who have just started to build DAPP.

Some developers who have heard of nervos are very excited when they learn that we are improving the development documents and will hold workshops to help them develop on CKB. Many developers are very interested in the nervos grants program and say they will apply for grants. Some miners familiar with the POW and utxo models of bitcoin expressed great interest in running nervos nodes. The design features of economic models such as nervos Dao, token economics and multi asset value storage have also attracted many investors.

The nervos booth attracted many enthusiasts, designers and community builders from Chile, Colombia, Argentina and Venezuela. They were very interested in nervos's working methods, goals for the next year and how community partners should contribute to the project.

We very much hope to provide suitable resources or development tools for everyone who is interested in the nervos project or wants to join the nervos community.

We firmly believe that in order to develop the financial or political system, we need two elements: a new way to organize data flow and the values of a self-sustaining community based on a constructive culture of open access and no trust. Latin America is where these ideas prevail - most people here can understand why the centralized system is fragile and almost failed, and most of them have experienced the impact of the centralized system.

In addition, the level of education in Latin America is high enough to interact with abstract and emerging technologies, so that we can build new relationships and turn them into alternative and feasible systems.

Seeing the continuous growth of these activities in Latin America, we know that the application of blockchain and encryption technology is taking place, and changes are most needed in these regions.

That said, for those who start to study the "rabbit hole" of blockchain and those who want to know more so that they can choose the right tools according to their own needs, a lot of educational work is needed. Nervos network will focus on education in these ways and will continue to build and develop communities in Latin America.

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Development of Digital Asset Perpetual Contract Trading System and Construction of Blockchain Tradin
Development of digital asset perpetual contract trading system and construction of blockchain trading platform[this article is edited by Mr. Yuan zhongruitu / developed by public chain. Search wechat: ruiec999]At present, the trading volume of digital asset exchanges around the world is gradually declining, and the investment of traditional institutions in exchanges has gradually stopped. For global users, it is a cold winter.However, in contrast to the digital asset derivatives market, the user turnover rate in the contract market has increased rather than decreased. A large number of user funds around the world have entered the contract market, and traditional institutions that have stopped before have also begun to enter the contract market.At present, contract trading is also divided into several modes, one is futures contract and the other is perpetual contract. Although they have some similarities, they also have some differences. In short, a perpetual contract is an upgraded version 2.0 of a futures contract. (development of perpetual contract trading system: jy.ruiec.com/ enter the station for details)A futures contract is an agreement whereby the buyer agrees to receive an asset at a specific price after a specified period of time and the Seller agrees to deliver an asset at a specific price after a specified period of time. Both parties agree that the price used in future transactions is called futures price. The designated r period in which both parties must trade in the future is called the settlement date or delivery date. The assets that both parties agree to exchange are called "subject matter".The perpetual contract is a new and unique contract. The goal of the contract is to replicate the market conditions of the spot market under the condition of high leverage. The contract will not be delivered and can follow the reference price index through various mechanisms. The contract evolved from the traditional futures contract, but the perpetual contract has more obvious advantages and greater risks than the traditional futures contract. It supports long and short two-way trading, opens a 100 times leverage, can hold a permanent position, can pay a premium, etc.The trading mode is also margin trading like futures. The biggest difference is that there is no delivery date. That is, your position will never be closed passively as long as there is no blasting and strong leveling. As long as your entrustment hanging order is not withdrawn actively, it will always be retained until the transaction is concluded. Generally speaking, it is a futures contract that can be traded forever.Yuanzhongrui has been deeply engaged in the blockchain industry for seven years. At present, the company has a technical team of more than 200 people and can independently develop blockchain technology. Therefore, the company has extremely rich experience in system security, stability, risk control and other technologies.[for more information on public chain development, please pay attention to official account: Mr. Rui Tu in the source]Contact: Mr. TuMicro electronics: 1382313871QQ:2770757138
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