Finance can be divided into direct finance and indirect finance. From the perspective of money creation and money supply, one kind of finance is to create money and one kind of financial service does not create money, thus leading to the concept of direct and indirect. But if from the perspective of service and non-monetary creation, modern finance is actually realized through the intermediaries. The appearance of Internet makes deintermediation and direct finance in the real sense a possibility. Of course, this possibility is not completely reliable, mainly because the bottom layer of the current Internet finance is still based on our original financial foundation. For example, the current Internet P2P finance is still operated by a centralized system and companies. Just as what we often say, there is no real breakthrough in the underlying problems, such as security, transparency, and nonvolatility.
The emergence of bitcoin and block chain technology has introduced two revolutionary new concepts: One is de-centralized point-to-point encrypted digital currency, and the other is block chain protocol based on proof of work. First of all, self-finance is achieved from the level of financial core currency issuance. Later, a variety of block chain technology projects for real-world commercial applications emerged, as well as the Ethereum (which was able to create all the systems mentioned above and many other systems that we could not imagine yet).
iCubeChain project aims at building a super self-finance network driven by self-finance intelligence. By establishing an information-oriented ultimate abstract base layer and an algorithm model layer based on personal artificial intelligence, block chains with Turing complete programming language and sMPC (secure multi-party computation) algorithm sandbox are built in for ICUBE, so that all developers are able to create contracts and applications oriented at artificial intelligence and set up ownership rules, modes of transaction and state transition functions based on the framework of basic definitions. The iCubeChain protocol is based on POW to issue ICC that can be used to pay the transaction cost. In the protocol, ICUBE scores are also designed for communication among users, artificial intelligence developers and service providers and to quantify the computational value.
In ICUBE super self-finance network driven by self-finance intelligence, every person can enjoy intelligent economic services without threshold. The iCubeChain credit investigation protocol, which transcends the credit investigation system of traditional economy based on measurement of the value of material assets, rebuilds the intelligent economic credit investigation system based on measurement of the value of both material assets and information assets. iCubeChain credit support is based on the value judgment of attributes of material and information assets. With the super-intelligent self-finance mode, ICUBE can provide everyone with intelligent loan service, intelligent lending service, intelligent financial management service, intelligent crowd funding service, intelligent investment service, intelligent investment advisory service based on digital assets, intelligent value-added service based on information assets, and intelligent mutual insurance service. Also, ICUBE enables everyone to manage and create more financial assets in an intelligent manner and realize sustainable appreciation in assets value.
ICUBE provides an opportunity for everyone to benefit from the appreciation of social wealth and enjoy a free, equal, private, and rich life in the age of intelligent economy!
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