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Application 2018-06-24T21:39:53+00:00
Blockchain`s value lies in future`s variety of applications. Here are some application examples for easy understanding of the ATOS value.

Compared with the traditional centralized system, the advantage of blockchain application in the field of digital assets are: once assets are issued in blockchain system, subsequent circulation are no longer rely on issuer system. In circulation, assets are controlled by single-centre changes. It became socialized and turned itself a global liquidity asset. Any channel can become a catalyst for assets circulation. Therefore, blockchain greatly increase the efficiency of digital asset circulation and truly achieve the result of “multi-distribution and free circulation”. The traditional asset services require corresponding middlemen, which have the characteristics of long circulation period, limited channels controlled by middlemen, and high cost. The blockchain solves these problems very well.

  • Asset Issuance and circulation
  • Business Credit
  • E-voucher, Prepaid Card, Insurance
  • Gaming Payment
  • Asset Securitization

In traditional finance, information is scattered in its own supply chain systems. There is information asymmetry in the circulation and financing links, which is repeatedly verifying and inefficient. It is limited by information flow of various supply chain systems, especially for SMEs and financial institutions in the scope of two-way selection. The lack of a unified and reliable SME credit information system makes it difficult for financial institutions to control risk, which brings high cost to financing companies. Blockchains motivates supply chain participants to jointly create and maintain a uniform certificate that is recognized at all stages, and ensure that it is authentic, valid, and irrevocable; in addition to the sharing of vouchers, project/contract execution process can also be fully documented and tracked. Reducing the difficulty of risk control of financial institutions, raising the feasibility of financing for SMEs, and lowering financing costs; diluting the inherent circle of supply chains and expanding the scope of credential and credit, which both prevent and control risks and expand customer groups for financial institutions; Enterprises reduce transaction costs and receive financial support quicker, which is conducive to the rapid development of the business. Blockchain has become the entrance of asset securitization and asset digitization; the recording and accumulation of information on the chain is also the process of corporate self-increasing. Based on these credit data, various financial services can be launched.

  • Pledge Finance
  • Receivable Accounting Finance
  • Discount Billing
  • Consumer Finance
  • Commodity Trading

In the traditional cross-border payment area, there are mainly three methods: bank wire transfer, third-party payment and withdrawal. However, there are disadvantages such as high commissions, complicated procedures, long settlement period, and large capital occupation. Thanks to its security, transparency, and irrevocable nature, the blockchain’s trust model will no longer depend on intermediaries. In cross-border payment and settlement, blockchain can abandon the role of transit banks. In the future, users and users, banks and banks are no longer needed to go through third parties. Instead, they use peer-to-peer payments via blockchain technology. This not only eliminates the need for third-party financial institution verification, but also facilitates real-time arrival and withdrawal, all-day payment, etc. From a global perspective, blockchain greatly reduce the cost of each transaction in cross-border payment.

  • Cross Border Remittance
  • International Transfer
  • Cross Border Payments
  • Cross Border Consumption
  • International Settlement

Basic principles of issuing digital currency are: firstly, is to provide convenience and security; secondly, is to achieve a balance between protecting privacy and maintaining social order and cracking down illegal and criminal acts; thirdly, to proceed under the effective operation and guidance of the national monetary policy; fourthly is to retain the control of currency sovereignty. Here refers to only enterprise and community distribution, not the scope of national distribution. The issuance of currency is performed by running the corresponding blockchain code on the machine. In the process of the issuance of digital currency, it is necessary to establish and perfect supporting measures that are compatible with the issuance of digital currency, and to maintain the orderly circulation of digital currency by way of legal means, and to realize seamless convergence of digital currency to physical currency. In addition, to extend the ease of use and security of digital currency, personal identification information, basic household information of enterprises and institutions can be used as the only credential for opening a digital currency account, and account security can be ensured through the ATOSHI blockchain authentication service module, effectively responding and resolving.

  • Decentralization
  • World Circulation
  • Zero Transaction Fee
  • Real Name System
  • Privacy Protection

Blockchain’s value lies in future’s variety of applications. Here are some application examples for easy understanding of the ATOS value.

Digital asset distribution

Compared with the traditional centralized system, the advantage of blockchain application in the field of digital assets are: once assets are issued in blockchain system, subsequent circulation are no longer rely on issuer system. In circulation, assets are controlled by single-centre changes. It became socialized and turned itself a global liquidity asset. Any channel can become a catalyst for assets circulation. Therefore, blockchain greatly increase the efficiency of digital asset circulation and truly achieve the result of “multi-distribution and free circulation”. The traditional asset services require corresponding middlemen, which have the characteristics of long circulation period, limited channels controlled by middlemen, and high cost. The blockchain solves these problems very well.

  • Asset Issuance and circulation
  • Business Credit
  • E-voucher, Prepaid Card, Insurance
  • Gaming Payment
  • Asset Securitization
Cross-border Trade

In traditional finance, information is scattered in its own supply chain systems. There is information asymmetry in the circulation and financing links, which is repeatedly verifying and inefficient. It is limited by information flow of various supply chain systems, especially for SMEs and financial institutions in the scope of two-way selection. The lack of a unified and reliable SME credit information system makes it difficult for financial institutions to control risk, which brings high cost to financing companies. Blockchains motivates supply chain participants to jointly create and maintain a uniform certificate that is recognized at all stages, and ensure that it is authentic, valid, and irrevocable; in addition to the sharing of vouchers, project/contract execution process can also be fully documented and tracked. Reducing the difficulty of risk control of financial institutions, raising the feasibility of financing for SMEs, and lowering financing costs; diluting the inherent circle of supply chains and expanding the scope of credential and credit, which both prevent and control risks and expand customer groups for financial institutions; Enterprises reduce transaction costs and receive financial support quicker, which is conducive to the rapid development of the business. Blockchain has become the entrance of asset securitization and asset digitization; the recording and accumulation of information on the chain is also the process of corporate self-increasing. Based on these credit data, various financial services can be launched.

  • Pledge Finance
  • Receivable Accounting Finance
  • Discount Billing
  • Consumer Finance
  • Commodity Trading
International payment

In the traditional cross-border payment area, there are mainly three methods: bank wire transfer, third-party payment and withdrawal. However, there are disadvantages such as high commissions, complicated procedures, long settlement period, and large capital occupation. Thanks to its security, transparency, and irrevocable nature, the blockchain’s trust model will no longer depend on intermediaries. In cross-border payment and settlement, blockchain can abandon the role of transit banks. In the future, users and users, banks and banks are no longer needed to go through third parties. Instead, they use peer-to-peer payments via blockchain technology. This not only eliminates the need for third-party financial institution verification, but also facilitates real-time arrival and withdrawal, all-day payment, etc. From a global perspective, blockchain greatly reduce the cost of each transaction in cross-border payment.

  • Cross Border Remittance
  • International Transfer
  • Cross Border Payments
  • Cross Border Consumption
  • International Settlement
Digital currency

Basic principles of issuing digital currency are: firstly, is to provide convenience and security; secondly, is to achieve a balance between protecting privacy and maintaining social order and cracking down illegal and criminal acts; thirdly, to proceed under the effective operation and guidance of the national monetary policy; fourthly is to retain the control of currency sovereignty. Here refers to only enterprise and community distribution, not the scope of national distribution. The issuance of currency is performed by running the corresponding blockchain code on the machine. In the process of the issuance of digital currency, it is necessary to establish and perfect supporting measures that are compatible with the issuance of digital currency, and to maintain the orderly circulation of digital currency by way of legal means, and to realize seamless convergence of digital currency to physical currency. In addition, to extend the ease of use and security of digital currency, personal identification information, basic household information of enterprises and institutions can be used as the only credential for opening a digital currency account, and account security can be ensured through the ATOSHI blockchain authentication service module, effectively responding and resolving.

  • Decentralization
  • World Circulation
  • Zero Transaction Fee
  • Real Name System
  • Privacy Protection