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Bit Taurus ：DeFi market development in-depth interpretation

Published

3 years ago

on

DeFi is undoubtedly the hottest word in recent years. DeFi moves traditional finance to the blockchain network, reduces collaboration costs, improves operational efficiency, at the same time creates a global open and borderless financial system.

Before DeFi, blockchain technology experienced two major breakthroughs, both of which laid a technical foundation for the emergence of DeFi. First, the first generation blockchain technology represented by Bitcoin realized the secure and decentralized spread of value on the Internet. After that, the decentralized underlying network dominated by Ethereum realized the operation of the decentralized program Dapp with the smart contract based on the programming language Solidity. These two block technology breakthroughs have laid the technical foundation for the DeFi, after that, DeFi was produced naturally.

DeFi has gradually developed various of financial innovation forms such as debit and credit, derivatives, insurance and payment platform, and formed a more diversified business model in combination with the characteristics of blockchain technology token incentive. Compared with the traditional financial system, DeFi does not need to rely on intermediaries to engage in financial activities. The centralized financial system operation represented by banks needs the intermediary institutions of entities, and the traditional financial system is managed by people and will be subject to policy supervision, which is vulnerable to human related risks, such as mismanagement and corruption.

DeFi tries to use the emerging Internet and blockchain technology to correct the defects of the traditional financial system and create a better financial environment. DeFi optimizes three key parts of the banking system, which is to streamline the payment and clearing system, improve the availability of financial services, and improve the openness and transparency of supervision.

Various institutions believe that DeFi has two opportunities in the future: the first is the distributed improvement and upgrading of existing financial business or service. Taking advantage of the characteristics of blockchain technology, such as build trust together, transparency and non-tampering, there will be needs for upgrading and transformation of some existing financial service and business.

The second is to become a distributed basic support under emerging financial scene and demand. Blockchain technology has the advantage of natural fit for the digital scene, DeFi based on blockchain technology is fully capable of becoming the underlying financial infrastructure in the era of digitization and Internet of things.

However, it is also undeniable that the development of the DeFi industry is still in the initial stage. Whether in terms of the quantity of asset types, public awareness, business and related supporting indicators, they need to be improved.

Bit Taurus believes that the development of DeFi assets also needs more sustainable soil, and also looks forward to the realization of a DeFi network ecology with long-term investment and application value and capable of crossing cattle and bears.

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Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Press Release

Launch of the New Website ReineAbeilles.ca Your Destination for Beekeeping and Queen Bees in Canada

Published

26 minutes ago

on

December 25, 2024

By

Montreal, Quebec, Canada, 25th Dec 2024 – ReineAbeilles.ca is thrilled to announce the official launch of its brand-new website, a platform dedicated to beekeeping enthusiasts and professionals across Canada. Specializing in queen bees and everything beekeeping-related, this site is designed to empower beekeepers with the tools, knowledge, and products they need to thrive.

The new website offers a seamless and user-friendly experience, allowing visitors to explore high-quality queen bees, learn about sustainable beekeeping practices, and connect with a community that shares their passion for bees and honey production.

A Commitment to Sustainability and Beekeeping Excellence

ReineAbeilles.ca is committed to supporting the vital role of bees in our ecosystem by providing top-quality queen bees bred for productivity and resilience. The site also features educational resources and expert advice to help both new and seasoned beekeepers succeed.

Key Features of the Website:

  • A curated selection of premium queen bees available for purchase.
  • Informative articles and guides on beekeeping best practices.
  • Resources to help promote sustainable and environmentally friendly beekeeping.
  • Simple and secure online ordering for all products.

“We’re excited to launch ReineAbeilles.ca and contribute to the growth of sustainable beekeeping in Canada. Our mission is to support beekeepers with top-quality queen bees and reliable resources,” said Ashraf Hamed

Discover the world of beekeeping and order your queen bees today by visiting www.ReineAbeilles.ca.

About ReineAbeilles.ca

ReineAbeilles.ca is a Canadian platform dedicated to providing premium queen bees and resources for beekeepers nationwide. With a focus on quality, sustainability, and customer satisfaction, ReineAbeilles.ca aims to be the go-to destination for beekeepers seeking trusted products and advice.

Media Contact

Organization: Reine Abeilles

Contact Person: Ahmed Hamed

Website: https://reineabeilles.ca

Email: Send Email

Contact Number: +14386003858

Address: QC, Saint Laurent – Ville St-Laurent Saint Laurent, H4M 2X6

City: montreal

State: quebec

Country: Canada

Release Id: 25122420653

The post Launch of the New Website ReineAbeilles.ca Your Destination for Beekeeping and Queen Bees in Canada appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Press Release

Spread Joy this Holiday Season with PQ.Hosting: Join Our Charity Campaign and Win a MacBook Air!

Published

12 hours ago

on

December 24, 2024

By

Chisinau, Moldova —

PQ.Hosting, a global leader in high performance hosting solutions, is pleased to announce a special charity campaign. This initiative supports orphanages and offers participants the chance to win incredible prizes, including a MacBook Air 13.

The holiday season is time for family, festivities and heartfelt wishes. However, for many children in orphanages, these cherished traditions can feel out of reach. PQ.Hosting has long supported orphanages and is now calling on its clients to join this meaningful cause. Together with our clients, we can bring holiday magic to children in need.

How to Participate in the Charity Campaign?

Joining the campaign is simple and rewarding:

  • Order or Extend a Hosting Plan: PQ.Hosting will donate 10% of clients payments to orphanages
  • Enter the Prize Giveaway: Follow four easy steps to qualify for amazing prizes.

Join the Celebration: Win Exciting Prizes with PQ.Hosting

This holiday season, PQ.Hosting offers clients an opportunity to win amazing prizes, including:

  • iPhone 16 Pro Max
  • 3 Gaming Accessories Sets
  • €50 Account Balance
  • Gaming Chair
  • Smart Speaker
  • 1 Year of Free VPS Hosting
  • 3 Months of Dedicated Server Usage
  • 1-Year VPN Subscription
  • Exclusive PQ.Hosting Merch
  • 10 Telegram Premium Subscriptions for 1 Year
  • Grand Prize: MacBook Air 13

Visit our website for more details!

Key Dates

Campaign Period: From 18th December 2024 to 29th December 2024 (11:59 PM UTC+3).

Winners Announcemeign is our way of ending the year on a heartfelt and impactful note,” said Ivan Neculiti, CEO of PQ.Hosting. “We invite everyone to join us in spreading joy and embracing the true essence of the holiday season.”

Media Contact

Organization: PQ.Hosting

Contact Person: Stella

Website: https://pq.hosting/en/

Email: social@pq.hosting

About PQ.Hosting

Founded in 2019, PQ.Hosting has earned a reputation for delivering high-performance VPS/VDS, dedicated servers, VPN, proxy and SSL certificates to over 150,000 clients worldwide. With a network spanning 42 countries and speeds up to 10 Gbps, PQ.Hosting continues to set industry benchmarks for speed, reliability and customer service.

Don’t miss this chance to make a difference and win amazing prizes. Together let’s make this holiday season unforgettable!

nt: 30th December 2024 during a live broadcast on our YouTube Channel.

Together We Can Create Holiday Magic

“Our 2024 journey has been extraordinary, with milestones that reflect growth and success. This campaign

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Press Release

Vietnam Set to Welcome Nearly 16 Million International Tourists by End of 2024

Published

14 hours ago

on

December 24, 2024

By

Vietnam’s tourism sector is on track for a remarkable year, with nearly 16 million international visitors expected by the end of 2024, marking a significant rebound and growth in the industry.

According to the latest data from the Vietnam National Administration of Tourism, the total number of international arrivals reached approximately 15.84 million during the first eleven months of 2024, reflecting a 41% increase compared to the previous year. In November alone, Vietnam welcomed 1.71 million international tourists, a 20.5% rise from October and a staggering 38.8% increase from November 2023.

Market Growth and Major Source Markets

The growth in international visitors has been predominantly driven by travelers from Asia, who account for nearly 80% of all arrivals. Major source markets include South Korea, China, Taiwan, Japan, the United States, India, Malaysia, Cambodia, Australia, and Thailand. Notably, South Korea leads the way with over 4.13 million visitors, marking a 128.3% increase compared to the previous year, while China follows closely with 3.3 million visitors, a significant 222% rise.

European markets are also contributing to this growth, with the United Kingdom being the top source, sending over 279,000 tourists, followed by France, Germany, and Russia.

Mr. Phan Trong Thang, Director of Metta Voyage, commented, “Vietnam is on the rise, being chosen in the region for its freshness compared to Thailand, Indonesia or Singapore, its diverse and affordable cuisine, and the many newly opened direct flights at reasonable costs.”

Positive Trends Across Various Markets

Several countries have seen remarkable increases in visitor numbers compared to the previous month, including Poland (up 238%), Italy (up 88%), and Norway (up 66%). This upward trajectory highlights Vietnam’s increasing appeal as a tourist destination.

Mr. Nguyen Cuong Bach, Deputy Director of Metta Voyage, added, “High-end travelers are choosing Vietnam tour packages for its diverse experiences from North to South, the availability of new premium products, and the dedicated service of the Vietnamese people.”

Diverse Tourist Arrivals

Arrivals via air travel remain the most popular, with over 1.4 million international guests flying into the country. This trend underscores the importance of enhancing air connectivity to sustain growth in Vietnam tourism.

Conclusion

With a predicted total of 17 to 18 million international visitors by the end of 2024, Vietnam’s tourism industry is poised for a successful year. The country’s rich cultural heritage, stunning landscapes, and diverse experiences continue to attract travelers from around the globe.

Company Name: Metta Voyage Co., Ltd

Content Person: Nguyen Cuong Bach 

Contact Email: bach@mettavoyage.com

City: Hanoi

State: Hanoi, Vietnam

Website is: https://mettavoyage.com

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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