Benite Smart Wallet Bank - Blockchain Value Transfer

The emergence of the Internet has made the means of information dissemination leap, and information has achieved efficient flow, but the efficiency of Internet value transmission is still very slow, and "electronic money" is still essentially attached to traditional paper. Currency, cross-border payments are still a big problem. At this time, the "value transfer" of the regional chain is reflected, and its value transfer is divided into two layers, the first layer. It's a simple "value transfer" where we can send a bitcoin to anyone. Global currencyCirculation makes the "value transfer" extremely convenient. The second layer is "the circulation of tokens" or the economics of tokens. The "value absorption", because of its convenience and speed, the regional chain-based token issuance can make financing more convenient and will absorb value in the circulation of tokens. UFN cloud blockchain bottom-level application service ecosystem is an ecosystem based on intelligent contract blockchain. In this ecosystem, small and medium-sized enterprises can meet, promise and execute easily, safely and efficiently. Global trade an open, automated and transparent trade finance platform that replaces cumbersome regulators. The trust mechanism is implemented and guaranteed, and can now be implemented in the UFN cloud blockchain bottom-level application service ecosystem. Benitet Smart Wallet Bank aims to be the place to easily develop new global trade digital solutionssquare. Bennett Smart Wallet Bank UFN is a completely decentralized digital currency payment landing solutionThe case has the advantages of supporting small micropayments, instant arrival, and extremely low commission fees. UFN pays with a non-bank card based on the business model, the BOLT protocol is used to implement its own composite decision lightning network. The policy network matches the payment request and the legal currency exchange request, and then the lower lightning network establishes an efficient and secure branch. Pay the channel, and finally complete the legal currency settlement with the merchant through the payment of the acquirer. Due to the model provided by the legal currencySimilar to P2P payment, the whole process does not involve any central organization, avoiding the card organization due to Visa. The business model caused by the suspension of cooperation collapsed. Greatly ensure the security, stability and continuous development of the payment networkexhibition. On the other hand, the incentive strategy of the upper layer network can effectively avoid the centralization tendency of the lightning network. The advantages of UFN over other payment products are:? Decentralized legal currency supply mode: The legal currency in the system is provided by the purchaser, which is equivalent to P2P payment. The acquisition of legal currency and legal currency does not need to rely on centralization agencies such as exchanges;? Avoid centralization risks such as loss of funds: use lightning network as payment channel, no self-funded Jinchi, even if it is attacked, there will be no financial loss;? The payment is stable and stable: the team's existing resources can quickly establish cooperation with the acquiring countries of the mainstream countries., bypassing the bank card organization and other centralization agencies, to avoid the occurrence of other products due to VISA stop cooperation and can not fall serious problems such as uncontrollable land and rates. Bennett Smart Wallet Bank believes that the digital currency system will eventually revolutionize the existing financial ecosystem. To achieve a global closed loop of circulation; digital currency will also be integrated into all aspects of people's daily lives, reducing transaction costs improve transaction security. Bennett Smart Wallet Bank uses UFN cloud blockchain bottom layer application service. Ecosystem technology application service ecology is the driving force, adhering to the concept of decentralization,