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Is the blockchain the same as foreign exchange?
Blockchain technology has five characteristics: decentralization, non-tampering of information, collective maintenance, reliable database and openness and transparency, and has the natural advantages of transparency, security and credibility in payment. As a new technology leading the global industrial transformation, blockchain payment has become a hot spot.

The application mode of blockchain acceptance payment is actually to use blockchain network to join traditional financial institutions, foreign exchange market makers and liquidity providers into the payment network and build a payment gateway. Through the payment gateway, the flow of digital assets on the blockchain can be connected with the legal tender in reality, so that legal assets can be transformed into digital assets on the blockchain, which is convenient for subsequent payment and transfer.

At present, the USDT of the whole 3055 market 135 mainly has two purposes:

One is to trade digital currency as a token;

Second, when the price of digital currency falls, it should be purchased to hedge the losses caused by the sharp decline of digital assets. At present, most trading platforms can purchase USDT, and users can hold USDT for currency transactions and purchase currencies such as Bitcoin and Ethereum. On the other hand, users can also convert their digital currency into USDT through currency transactions, and then cash it into legal tender cash in different places.

The role of blockchain payment system in product development;

1. User: Need to solve the deposit platform. After the platform is connected with the USDT payment system, users of the platform can directly use other payment methods, such as a treasure, a letter and a card, just like the ordinary payment process.

2. Recipients: units or individuals holding money or funds. After receiving the payment platform, the acceptor pays the corresponding USDT to the payment platform.

3. Operating platform: The operator of the payment platform is mainly responsible for the maintenance of the platform and dealing with some problems in the payment process between users and recipients.

What problems can the blockchain payment system solve?

1. You can connect yourself to the payment system section in the operating project platform, such as the C2C acceptor transaction section. Do your own acceptor to solve the deposit.

2. If you don't have the strength to be the acceptor or worry about triggering the bank's risk control, you can choose to find an existing payment platform or acceptance platform to access their payment, or cooperate with them on the off-site platform. However, this has both advantages and disadvantages.

3. If you have the strength, you can choose to be your own blockchain payment platform system, which can not only solve the investment problem of your existing projects. You can also connect them with other platforms or projects that need to pay in the market.