Cosmic space:build a new highland of digital economy and build a new future for blockchain development

April 11 17:08 2022

Digital economy has become a new engine of economic development

With the continuous promotion of a new round of scientific and technological revolution and industrial reform, digital economy has become the most dynamic, innovative and widely radiated economic form at present, one of the core growth poles of the national economy, and the core driving force for China to realize economic transformation and change the global competition pattern.

Digital economy plays an increasingly prominent role in the national economy. From 2002 to 2020, the proportion of China’s digital economy in GDP increased from 10.0% to 38.6%. According to IDC’s latest forecast, China’s digital transformation expenditure will reach US $329.1 billion (about 2104.1 billion yuan) in 2022, an increase of 18.6%. Digital transformation is already the core strategy of enterprises. In 2022, more than 50% of China’s economy will be based on or affected by digitization.

Digital economy has opened up a broader space for global economic recovery and social development. When a large number of digital technology applications come into reality, digital economy is not only expanding and meeting people’s higher demand for a better life, but also becoming a new driving force for consumption upgrading and creating better digital new consumption.

Blockchain will provide an important driving force for the development of digital economy

In the digital economy, blockchain technology is called landmark technology. Blockchain integrates many disciplines such as cryptography, economics, game theory and computer science. It has the characteristics of irreversible transaction and data tamperability. It can perfectly solve the problems of data credibility, right confirmation, circulation and pricing in digital economy. With its unique trust building mechanism, it will pave the way for the digital economy. At the same time, cloud computing, big data, artificial intelligence, Internet technology and regulatory technology also belong to the mainstream and hot technology applications in the field of financial technology at this stage. The core technologies of financial industry models and processes will be reshaped in the next five years. Financial technology with higher scientific and technological content all over the world is based on these technologies.

The promotion of science and technology for finance is no longer limited to shallow aspects such as channels, but opens the real deep integration of “finance and science and technology”. Defi, decentralized finance, also known as decentralized finance, is a financial change originally born in the blockchain industry. Compared with traditional finance (centralized finance, such as central banks, which have a unified settlement and issuance monetary system and a financial system subject to the financial policies of governments), defi uses smart contracts to formulate rules and strictly enforce the rules through codes. In essence, it is a financial way of replacing human governance with machine governance. At the same time, all smart contracts are open-source. Through this way, It realizes transparency, accessibility, efficiency, privacy protection and fairness.

Under the impact of decentralized finance, centralized financial companies are gradually decentralizing their control over global finance. Now the global financial direction is focusing on decentralized finance. Financial giants led by JPMorgan Chase, Goldman Sachs, fidelity, UBS, visa and MasterCard have accelerated the layout of encryption. For a time, defi is hot and popular, and the relevant discussions have never stopped.

Dao is becoming the hotspot of the next era

The development trend of defi makes the market see the great potential of decentralized finance. Dao has won market attention with the continuous popularity of defi. Dao is the abbreviation of decentralized autonomous organization in English. It is based on the core idea of blockchain, that is, an organizational form derived from the collaborative behavior of CO creation, co construction, CO governance and sharing spontaneously generated by groups that reach the same consensus.

As the governance mode most in line with the spirit of blockchain, Dao is an indispensable and important puzzle in the ecological landscape of blockchain. For Dao, blockchain can act as the backbone and maintain the structure and rules of each chain, which is its unique ecological attribute. It is not difficult to see that most defi projects in the market have Dao applications. The use cases of Dao are endless and are still developing. It is an autonomous organization “on the blockchain” completely controlled by code. For example, there is an in-depth integration between defi and Dao. At present, many well-known defi projects in the market are using DAO mode, such as maker Dao, the most successful decentralized stable currency issuance agreement, kyberdao, the top decentralized exchange, etc. It can be predicted that Dao is becoming the hotspot of the next era.

Make new breakthroughs in digital finance and build a global decentralized financial integrated business

Cosmic space, referred to as CCS swap for short, is the world’s first defi Multi Chain decentralized trading platform. It will build a global decentralized financial integrated business entity and is committed to becoming the most widely used defi application platform for BSC smart chain users. With cross chain technology as the core, global cross-border entity ecology as the node and mutual assistance as the entrance, CCS swap involves a variety of product types, including CCS swap pool, CCS swap Dao, as well as CCS swap DEX, cross-border entity industry, meta universe ecology, financial derivatives, etc., which will eventually realize data sharing, resource sharing and platform sharing. CCS swap hopes to guide the integration and innovation of digital economy and real economy, let the blockchain carry more digital assets, and make full use of the decentralized governance advantages of Dao to truly implement Dao in every corner of the defi ecosystem.

Under the general trend of the times, only continuous innovation can achieve long-term development and survival. CCS swap brings the value bearing and value transmitting functions of blockchain to the fullest by using decentralized Finance (defi + Dao) tools, creates a new highland of digital economy, constructs a new future for blockchain development, and leads ecological residents into a fair, open and just wealth pyramid based on fair, transparent and everyone sharing blockchain technology and ideas, so as to contribute to creating a better world!

In the future, with the development and maturity of science and technology, the conceptual shackles of the traditional and encryption industry will be gradually broken, and more people will join CCS swap. The cosmic space platform will continue to drive the development of the whole track, so as to realize the optimal and balanced redistribution of social assets and promote the balanced, sustainable and rapid development of human society.

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