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Stable Coins Forum / How Does AOCO WORLD Helps You Deal with Libra Easily
« on: July 02, 2019, 08:55:02 AM »
According to the reports, Libra, launched next year as the Facebook cryptocurrency, could trigger an entirely new "currency war", which forcing us to rethink how to deal with the reality of the digital world. At present, the plan People's Bank of China put forward to develop sovereign digital currency hasn’t made any progress.
In the past, China has been cracking down on cryptocurrencies like Bitcoin as a threat to financial stability. Although the People's Bank of China has tried to develop its own "sovereign digital currency", it seems to have little effect. Libra, the Facebook cryptocurrency, is expected to be officially launched next year, which is likely to have a huge impact on global currencies, payments, and the financial system, even beyond traditional currencies.
First, Libra will be linked to a “basket” of convertible currencies, so it will exist as a stable online currency. Second, Libra has partnered with payment giants Visa and MasterCard, which means it can be used for a range of online payment services. Last, Facebook has more than 2 billion users, which means its potential user base is huge.
In addition, there’s industry analyst says that Libra has the potential to become a global currency by cooperating with payment giants. Libra indicates the arrival of a new type of currency competition, which is also the first competition related to digital currency.
Libra will become a cryptocurrency with stable value, which will not be opposed to legal tender, but rather as a supplement to the use of legal tender. Industry expert Weide Cai said that in the past, if countries want to stimulate exports, they usually depreciate the legal currency. However, if countries start to depreciate their currencies competitively, it is easy to break out global currency war and exchange rate war, which is actually an old form of currency competition.
At present, the blockchain and cryptocurrency are developing rapidly in China. AOCO WORLD is a completely decentralized super game blockchain issued under this opportunity. It builds a game organic ecological world of distributed intelligent contracts, and provides a new generation game ecological platform based on blockchain technology, which integrates multi-type games.
AOCO WORLD is a distributed public blockchain based on Blockchain, aiming at creating a super virtual ecological world. It will subvert the traditional rules of the game industry, and directly connect the components of the whole game ecological blockchain with a decentralized structure to realize the docking, circulation and storage of funds.
AOCO's infrastructure is based on digital identity, which has a relationship with digital assets, digital identity, transaction records and so on. At the same time, through the platform token "AKr (krypton)", it connects the reality with the blockchain world and the economic system in the game with the real world economic system. All games can be traded and paid through AKr. At the same time, virtual currency exchange between games can also be achieved by seamless and smooth docking with AKr. Finally, a rich blockchain virtual world is constructed, but this virtual world is more real than the real world, because its records are unalterable, transparent and privacy protected.
With the development of technology, blockchain, the boundary between virtual world and real world, is a disruptive technology in the future. The characteristics of the game industry determine that it is one of the best application scenarios of blockchain. The birth of AOCO WORLD shows some possibilities to the game industry. It's not just a game, it's more like a real virtual world in which users can build new content, social, order and economy in their own world.
AOCO WORLD platform itself is also an open world sandbox game, is a public blockchain. Users can publish any DAPP on the platform, which support chess, leisure, RPG, MMO and other game types.
The encrypted digital currency system represented by Bitcoin has been applied in many fields, which has played a great role in building future commercial network by blockchain technology, and also provided strong support for the huge industrial change after the Internet. AOCO WORLD is not only limited to games, but also can access any other related applications, such as: e-commerce, medical, life and so on. All applications accessing AOCO WORLD can seamlessly access the world of AOCO. AKr will be more widely used and will become the "second Bitcoin" in the near future.
In the future, AOCO will build more license scenarios, broaden the game ecosystem, give users a new experience in the currency circle, and will completely subvert the monopoly phenomenon in the game field, so that more game developers will focus more on their dreams and let players enjoy more creative and high-quality games. At the same time, more entertainment contents will be introduced to create an inclusive blockchain game ecosystem.
In the past, China has been cracking down on cryptocurrencies like Bitcoin as a threat to financial stability. Although the People's Bank of China has tried to develop its own "sovereign digital currency", it seems to have little effect. Libra, the Facebook cryptocurrency, is expected to be officially launched next year, which is likely to have a huge impact on global currencies, payments, and the financial system, even beyond traditional currencies.
First, Libra will be linked to a “basket” of convertible currencies, so it will exist as a stable online currency. Second, Libra has partnered with payment giants Visa and MasterCard, which means it can be used for a range of online payment services. Last, Facebook has more than 2 billion users, which means its potential user base is huge.
In addition, there’s industry analyst says that Libra has the potential to become a global currency by cooperating with payment giants. Libra indicates the arrival of a new type of currency competition, which is also the first competition related to digital currency.
Libra will become a cryptocurrency with stable value, which will not be opposed to legal tender, but rather as a supplement to the use of legal tender. Industry expert Weide Cai said that in the past, if countries want to stimulate exports, they usually depreciate the legal currency. However, if countries start to depreciate their currencies competitively, it is easy to break out global currency war and exchange rate war, which is actually an old form of currency competition.
At present, the blockchain and cryptocurrency are developing rapidly in China. AOCO WORLD is a completely decentralized super game blockchain issued under this opportunity. It builds a game organic ecological world of distributed intelligent contracts, and provides a new generation game ecological platform based on blockchain technology, which integrates multi-type games.
AOCO WORLD is a distributed public blockchain based on Blockchain, aiming at creating a super virtual ecological world. It will subvert the traditional rules of the game industry, and directly connect the components of the whole game ecological blockchain with a decentralized structure to realize the docking, circulation and storage of funds.
AOCO's infrastructure is based on digital identity, which has a relationship with digital assets, digital identity, transaction records and so on. At the same time, through the platform token "AKr (krypton)", it connects the reality with the blockchain world and the economic system in the game with the real world economic system. All games can be traded and paid through AKr. At the same time, virtual currency exchange between games can also be achieved by seamless and smooth docking with AKr. Finally, a rich blockchain virtual world is constructed, but this virtual world is more real than the real world, because its records are unalterable, transparent and privacy protected.
With the development of technology, blockchain, the boundary between virtual world and real world, is a disruptive technology in the future. The characteristics of the game industry determine that it is one of the best application scenarios of blockchain. The birth of AOCO WORLD shows some possibilities to the game industry. It's not just a game, it's more like a real virtual world in which users can build new content, social, order and economy in their own world.
AOCO WORLD platform itself is also an open world sandbox game, is a public blockchain. Users can publish any DAPP on the platform, which support chess, leisure, RPG, MMO and other game types.
The encrypted digital currency system represented by Bitcoin has been applied in many fields, which has played a great role in building future commercial network by blockchain technology, and also provided strong support for the huge industrial change after the Internet. AOCO WORLD is not only limited to games, but also can access any other related applications, such as: e-commerce, medical, life and so on. All applications accessing AOCO WORLD can seamlessly access the world of AOCO. AKr will be more widely used and will become the "second Bitcoin" in the near future.
In the future, AOCO will build more license scenarios, broaden the game ecosystem, give users a new experience in the currency circle, and will completely subvert the monopoly phenomenon in the game field, so that more game developers will focus more on their dreams and let players enjoy more creative and high-quality games. At the same time, more entertainment contents will be introduced to create an inclusive blockchain game ecosystem.