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Is concentricity mutual aid formal? Is it an illegal fundraising platform?
It is formal, first of all, concentric mutual aid is the first project launched by the blockchain startup company Abbotts Financial Technology Company. Abercrombie and fitch was founded by the former founder of the Dolphin Browser, Yang Yongzhi, the goal is to network mutual aid as an entry point, and continuously promote the application and development of blockchain technology in China. As the first real blockchain landing application in China, Concentric Mutual Aid combines open source code and practical application, realizing a deep match between blockchain technology and network mutual aid.

The Concentricity Mutual Aid is a two-way innovation in technology and products. Technically, through the blockchain and big data technology, to eliminate the defects of the traditional network mutual aid model, to establish a new open and transparent network mutual aid platform. On the product, not only launched for the mass population of the undifferentiated experience version, but also launched for the segmentation of the population of the network mutual aid products, and chose in the health of the hardest-hit IT workers as the first entry crowd, creating a network mutual aid industry model innovation of the precedent.

As for whether the illegal fund-raising this, or impossible, because their platform is to use is the blockchain technology, and blockchain technology is to solve the capital information transparency, open and transparent, blockchain on the record of all the information once the record is very difficult to tamper with, can not be hidden, the user at any time you can access.