Blockchain technology develops sharply over the past two years, in BTC, Ethereum as the representative of the underlying based chain leading blockchain explosive development. Announcing the age of cryptocurrency official launched. By February 28, 2018, there are more than 1,500 cryptocurrencies tradable in the world, with a total market value of more than $400 billion, and the number is still growing. There’s great potential of cryptocurrency of blockchain and derivatives market.
In the past two years, because of the technology of intelligent contracts become full-fledged. With prevalent ICO, various industries started joining blockchain field, a growing number of cryptocurrency was launched. But there is no lack of low quality, fundamental and practical use project among them. Unlike Initial Public Offerings, there is usually an actual output of the product with IPO, along with revenue. One of the challenges of future ICO is how to define the basic value of the newly issued cryptocurrency.
In addition, there is a big challenge in cryptocurrency as a currency to connect with life. Sometimes, people who know the blockchain technology in the first time think that the field is difficult to understand, and it is difficult for the relevant skills to knowing them easily, which will eventually lead to the bottleneck problem of the AREF growth of the blockchain. But only having users getting quickly learning and experienced the benefits of technology, that making more people agree with the blockchain, and helping it get better.
To be more specific, now the difficulties including how to define the cryptocurrency value and how to let more users have a better experience, AREF got our own solutions to the problems above.