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Bitcoin or other digital currencies will not be able to replace banknotes in the future and become transactional currencies, further becoming the world's currency. This is because Bitcoin's trading process has the following three unsolved problems: 1. The transaction delay is very long. Delivery time ranges from two hours to two days, so it is inconvenient to use it for money laundering. 2. Can't assign. Bitcoin, for example, had lost most of its share in the early days. Therefore, how to allocate it in the future is also a problem. If it is really used as a currency for everyone, it will be equivalent to a small sum of people who already acquired a large part of world's assets taking away the most part of world's property. 3. High transaction costs. Not only the transaction time is long, but also the transaction costs brought by electricity charges
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Mainstream banks and financial institutions such as Goldman Sachs's entry in the digital currency battlefield will lead to an increase in the liquidity of Bitcoin and eventually lead to an increase in Bitcoin prices. Recently, the Chicago Board Options Exchange (Cboe) has proposed to the Securities and Exchange Commission (SEC) to allow the use of bitcoin exchange traded funds (ETFs) in US stock markets such as the Nasdaq and the New York Stock Exchange (NYSE). The entry of large financial institutions such as Goldman Sachs will lead to more institutional and retail traders entering the digital currency arena.
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Do you know how many apps in the world has a daily active user of 100 million... It's a goal not easy to realize.. But we made it.
Total Users: 600 Million
Daily New Users: 770 thousand
DAU: 11 Million
MAU: 110 Million
Daily File Transferred Volume: 200 Million
So who we are .....
Search in Google Play : Xender
So what we are doing...
You got it--
Decentralized movie distribution platform, for providing a transparent transaction system for Movie producers.
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First of all, analyzing the company background, it's invested by Techno, PreAngel, Yeahmobi, GX Capital, MoBy Capital.
Secondly, analyzing from the team background, our team members are all graduated from universities like Columbia, Peking University and so on.
Thirdly, analyzing from the app itself, it already has 100 million monthly active users worldwide. That's a great achievement.
Lastly, seeing from the business model, the movie distribution is a highly needed demand. With the deployment of blockchain in the platform, all participants can split revenue in real time, and all transactions are transparent, which may revolutionize the movie industry.
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According to the Financial Times News, a spokesperson for JPMorgan Chase commented on Quorum, a self-developed open-source distribution ledger project: “We believe that distributed ledger technology will play a transformative role in the financial services industry. This is why we are actively developing various blockchains. The reason for the solution. We are excited about Quorum's potential and it will grow into a very good corporate platform.”
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Recently, as the market continues to fall, the BCH with the second highest price is already less than 1/10 of the BTC price. Even if the price dropped sharply on February 6, the BTC price has not yet led the BCH up to 10 times. According to the "Currencies World" market, BTC temporarily reported $ 6986, BCH temporarily reported $ 667.86.
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According to the 21st Century Business Herald article, many Chinese start-up companies in the B- and C-Financing phases are using blockchain technology to raise funds from digital currency investment funds. Many start-up companies in Silicon Valley that have completed Series A equity financing generally choose ‘digital currency + legal currency’ in their rounds of financing in Series B, or directly use digital currency for financing. This is a very clear trend.
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Biance has just announced that it has now opened the QLC/BNB trading market, and now QLC temporarily reports to BNB 0.93 yuan, an increase of 123.33%
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What's currency for? The fiat currency is the currency released by the government and has the value of exchanging everything with value. So altcoin currency is also kind of currency that exists only in that industry and is recognized and accepted by the people all around the world. So if we trust this coins can be circulated in that industry, we accept its value and hold it.
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The high CDN fee is hard for some startup video companies to cover up, thus many companies will finally be got to fall eventually with years efforts in the industry. Thus why we choose the offline movie distribution, to reduce the CDN cost dramatically. In the meantime, we will track the data of movies sold, and with the blockchain technology, all the producers can access this data as well. Thus everything in the system will be transparent. So then, we can adopt the model of sharing movies revenue directly with the producers but no need to buy the copyright with such huge pre-stage investment, which will reduce our cost dramatically.
If you think it a good business model, please comment and chat with us.
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Xender will revolutionize the traditional centralized movie distribution system by integrating blockchain technology in the distribution system. Users will experience a totally decentralized transaction without the need for the trusted third parties. The transactions will be in real time with the implementation of smart contract. All transactions are transparent to both users and copyright holders, eliminating the third party. And this system is constructed on Xender app, one of the most popular  file transfer app which has acquired more than 700 million users covering every time zone. It means that the day it faces the world, it will be met by a substantial amount of users. TG group: https://t.me/MovieChainOfficialTwitter:@XenderApp Facebook:@XenderApp |
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