SHENZHOU UNION — — Establish a comprehensive digital financial infrastructure

Fastdefi
3 min readNov 23, 2020

As the Year of the Boxer Rat, 2020 has the characteristics of a significant turning year. Affected by black swan events such as the epidemic, important changes have taken place in people’s living consumption and the international situation, especially in economic aspects. In the face of the dual world of ice and fire, on the one hand, traditional industries are shrinking and even depressed; on the other hand, the digital economy with digital technology as the core is in full swing.
This strong contrast is not only due to the differences in the development of industries caused by the epidemic. Its essence is the arrival of a new economic cycle. The core of this cycle is decentralization and digitalization, and the epidemic has only accelerated this The advent of the cycle, and this cycle is also through the Internet, blockchain and other digital innovation technology to change the relationship of production, so as to achieve the sinking of power in the era of consumer sovereignty, in order to redefine the pattern of world wealth distribution. The new pattern of wealth creation and distribution will no longer be based on traditional centralization, but will be carried out in a new decentralized way that truly focuses on individual interests.
Under such general demand, the digital economy and digital finance represented by the blockchain will undoubtedly be the pioneers of decentralization and will achieve tremendous development and create huge development opportunities. Among them, public chains and tokens, which are the infrastructure of digital economy and digital finance, are undoubtedly important factors related to the speed of this trend. Although after 10 years of development, the development of blockchain and tokens has made great progress. The progress of the company has given birth to many familiar public chains, as well as digital currencies and tokens. However, in general, there is still a very important shortcoming in the public chain and token market as the infrastructure of the digital economy. It is still independent of each token, which is like an isolated island, which is like not forming a common market, and the markets cannot be effectively connected to each other. This will inevitably hinder the growth of the overall economy and cake.
CNU International Public Chain came into being under this background. The mission of CNU International Public Chain is to build a simple set of borderless currencies and financial infrastructure that serves billions of people, and to create a future-oriented “everyone” Distributed trust ecology of inclusiveness and everyone’s own finance.
CNU International Public Chain uses a distributed and decentralized POA+POC consensus mechanism, and a public chain based on the BFT-DPOS consensus algorithm. It adopts super nodes and ordinary nodes, supports millions of transactions per second, and has complete Blockchain browsers and public chains make data on-chain more secure and free, so that bandwidth costs are drastically reduced, providing a more efficient computing mechanism for cross-chain transactions in the 5G era, and a more transparent and open wealth distribution system.
The CNU international public chain restores the essence of the blockchain. In addition to capturing resources and traffic, it also provides convenience for the demanders/users to minimize the cost of DAPP development. This is the most powerful guarantee for CNU International Public Chain to become the “Bridge of Interoperability in the Blockchain World”!

Once technology is born, its impact on the world is irreversible, and no one can stop technological progress and the evolution brought to the world. The emergence of the steam engine and the Internet has been the best verification, and the birth of the blockchain will also verify this judgment. The influence of the Internet on the world has allowed us to see the birth of world-class companies such as Amazon, Google, and Tencent; the emergence of blockchain makes us look forward to the emergence of a new order and new protagonists. This is a great change. CNU international public chain is in it. It is not a miracle, and it will be destined to be brilliant!

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Fastdefi
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Shenzhou union is Decentralized exchange