Thailand blockchain 6
blockchain includes public blockchain, joint (instry) blockchain and private blockchain. Public chain point-to-point e-cash system: bitcoin, smart contract and decentralized application platform: Ethereum
blockchain is a new application mode of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies
blockchain is an important concept of bitcoin. In essence, it is a decentralized database. At the same time, as the underlying technology of bitcoin, it is a series of data blocks generated by using cryptographic methods. Each data block contains a batch of bitcoin network transaction information, Used to verify the validity of its information (anti-counterfeiting) and generate the next block
extended data
according to the different degree of blockchain network centralization, three kinds of blockchains under different application scenarios are differentiated:
1. The blockchain with the whole network open and without user authorization mechanism is called public chain
2. The authorized nodes are allowed to join the network, and the information can be viewed according to the authority. It is often used in the inter agency blockchain, which is called alliance chain or instry chain
3. All the nodes in the network are in the hands of one organization, which is called private chain
alliance chain and private chain are also called licensing chain, and public chain is called non licensing chain
blockchain features
1, decentralization. Blockchain technology does not rely on additional third-party management institutions or hardware facilities, and there is no central control. In addition to the self-contained blockchain itself, each node realizes information self verification, transmission and management through distributed accounting and storage. Decentralization is the most prominent and essential feature of blockchain
2. Openness. Blockchain technology is based on open source. In addition to the private information of all parties involved in the transaction is encrypted, the data of blockchain is open to everyone. Anyone can query blockchain data and develop related applications through the open interface, so the information of the whole system is highly transparent
3. Independence. Based on consensus specifications and Protocols (similar to various mathematical algorithms such as hash algorithm used by bitcoin), the whole blockchain system does not rely on other third parties, and all nodes can automatically and safely verify and exchange data in the system without any human intervention
4. Safety. As long as 51% of all data nodes cannot be controlled, the network data cannot be arbitrarily manipulated and modified, which makes the blockchain itself relatively safe and avoids subjective and artificial data changes
5. Anonymity. Unless there are legal requirements, technically speaking, the identity information of each block node does not need to be disclosed or verified, and the information can be transferred anonymously
Thailand digital currency license application process
1. First, set up the main company in Thailand, and then apply for digital currency trading license in the name of Thai company. At present, only digital currency trading license has been issued in Thailand, but no ICO license has been issued.
2. The fees for applying for Thailand digital currency license are divided into centralization and decentralization
3 The time is about 3-6 months
first, Thailand is very close to China, which is convenient for communication
Second, the Thai government supports the development of blockchain with policy support
thirdly, the price of registered companies in Thailand is not high and the cost performance is good
China Securities (ZhuoZhi) exchange (ZhuoZhi) in Thailand plans to launch a blockchain based market through which start-ups can raise funds. Somkid jatusripitak, Thailand's deputy prime minister, encouraged ZhuoZhi to use the tool as a way for start-ups to finance, the Bangkok Post and dealstreetasia reported
Thai media newswit, the Bank of Thailand announced (March 19) that Pangu bank, Taijing bank and other 14 Thai banks jointly launched the Thailand blockchain community plan, which will use a Linux based (ZhuoZhi) Jinhui super ledger architecture blockchain sharing platform to digitize the bank guarantee, which can shorten the guarantee processing time to 30 minutes
in addition to Thailand, Singapore, Cayman, BVI and other archipelago countries are the holy land for blockchain investment.
then how can we do blockchain coin issuing in Thailand? First of all, you need to register a company to operate your project with Thai companies as the main body. Let's talk about the process of registering a Thai company
the information needed to register a Thai company is:
&; Company name: English / Thai
&; The company's development goals, business scope
&; Business license of Chinese company; Share allotment ratio of shareholders
&; The normal registration time is 15-20 working days. The nature of the Thai company we registered here is a JV joint venture company.
there are some detailed requirements and instructions for registering this kind of company:
registered Ziben: at least 2 million baht, without capital verification
business scope: unlimited
shareholders: there are more than 3 promoters, including at least one Thai with 51% shares? 743; In order to avoid risks, it is suggested to use two Thai shareholders. Director: one Thai can be appointed
work permit: according to the requirements of the Thai Department of labor, one foreigner can be employed for baht 2 million, two foreigners can be employed for baht 5 million, three foreigners can be employed for baht 6 million to baht 10 million, and the employment ratio of foreigners and Thais is 1:4
the Thai shareholders required for the registration of Si are provided by ZhuoZhi, who will assist in completing the registration proceres and then sign by the Thai shareholders, The share transfer certificate or share abandonment certificate shall be handed over to the real owner of the company's shares. Our lawyer drafted the equity conversion agreement and loan agreement for both parties to sign. The registration certificate of Thai company
after the registration of Thai company, you should consider other issues. For example, do you need to do legal compliance? Can you get a digital currency trading license?
1. Data layer
the data layer is the lowest layer in the six hierarchies of the blockchain. We can understand the data layer as a database, but for the blockchain, this database is a tamperable and distributed database, which is what we call "distributed ledger"
in the data layer, that is, the "distributed ledger", the data information on the blockchain is stored, and the blockchain structure, asymmetric encryption technology, hash algorithm and other technical means of the block are encapsulated to ensure the security of the data in the case of the whole network being open. The specific method is:
in the blockchain network, nodes use consensus algorithm to maintain the consistency of data layer (that is, the distributed database), and use asymmetric encryption and hash algorithm in cryptography to ensure the non usurpation and traceability of the distributed database
This constitutes the bottom data structure of blockchain technology. However, it is not enough to have a distributed database. We also need to let the data information in the database be shared and exchanged. Next, we will introce the upper layer of the data layer - the network layer
Second, network layer
the network system of blockchain is essentially a P2P (point-to-point) network. Point to point means that there is no need for an intermediate link or centralized server to control the system. All resources and services in the network are distributed in the hands of each node, and the transmission of information is also a direct communication between the two nodes. However, it should be noted that P2P
(peer-to-peer) was not invented by Nakamoto, and the blockchain only integrates this technology
therefore, the network layer of blockchain is actually a particularly powerful point-to-point network system. In this system, each node can not only proce information, but also receive information, just like sending e-mail. You can write your own e-mail, and you can also receive the e-mail sent to you by others
in the blockchain network, nodes need to jointly maintain the blockchain system. Every time a node creates a new block, it needs to notify other nodes in the form of broadcast. After receiving the information, other nodes verify the block, and then create a new block on the basis of the block. In this way, the whole network can jointly maintain and update the general ledger of the blockchain system
however, what rules should the whole network follow to maintain and update the general ledger of the blockchain system? This involves the so-called "laws and regulations" (rules), which we will introce next: the consensus layer
Third, consensus layer
in the world of blockchain, consensus simply means that the whole network should maintain and update the general ledger of blockchain system according to a unified and agreed rule, which is similar to the rule of updating data. It is one of the core technologies of blockchain and the governance mechanism of blockchain community to let highly dispersed nodes reach consensus efficiently in the decentralized blockchain network
at present, the mainstream consensus mechanism algorithms include: proof of work of bitcoin (POW), proof of rights and interests of Ethereum (POS), proof of rights and interests of EOS (dpos), etc
we now introce the data layer, network layer and consensus layer. These three layers ensure that there are data, networks and rules for updating data on the network. However, there is no free lunch in the world. How can nodes actively participate in the maintenance of the blockchain system? Here is the incentive layer, which we will introce next: incentive layer< 4. Incentive layer
incentive layer is the so-called mining mechanism, which can be understood as incentive mechanism: you can get as much reward as you contribute to the blockchain system. With this incentive mechanism, the whole network nodes can be encouraged to participate in the data recording and maintenance on the blockchain
mining mechanism and consensus mechanism are actually the same truth. Consensus mechanism can be understood as the company's general rules and regulations, while mining mechanism can be understood as the reward rules for what you do well in the general rules and regulations
just like the consensus mechanism POW of bitcoin, it stipulates that more work pays more. Whoever can find the correct hash value first can get a certain amount of bitcoin reward
and Ethereum's POS stipulates that the older the holder is, the more likely he or she will be rewarded
it should be noted that the incentive layer is generally only available for the public chain, because the public chain must rely on the nodes of the whole network to jointly maintain data, so there must be a set of incentive mechanism to encourage the nodes of the whole network to participate in the construction and maintenance of the blockchain system, so as to ensure the security and reliability of the blockchain system
the blockchain is safe and reliable, and it is not intelligent enough, right? The contract layer we will introce next can make the blockchain system more intelligent
v. contract layer
Contract layer mainly includes various scripts, codes, algorithm mechanisms and smart contracts, which is the basis of block chain programming. What we call "smart contract" is at the contract level
if the bitcoin system is not intelligent enough, the "smart contract" proposed by Ethereum can meet many application scenarios. The principle of the contract layer is to embed the code into the blockchain system, in this way to realize the smart contract that can be customized. In this way, on the blockchain system, once the terms of the smart contract are triggered, the system can automatically execute commands< Finally, the application layer. The application layer is very simple. As the name suggests, it is a variety of application scenarios and cases of blockchain. What we now call "blockchain +" is the so-called application layer. At present, the blockchain applications that have been implemented are mainly various blockchain applications built on
eth, EOS and other public chains. There are more applications of gambling and games, and the real practical applications have not yet appeared.
what should be done to issue currency in Thailand? First of all, you need to register a company to operate your project with Thai companies as the main body. Let's talk about the process of registering a Thai company. The information to be provided for the registration of a Thai company is as follows:
1. Company Name: English Thai
2. List of directors: ZhuoZhi, a ZhuoZhi certificate and a . The promoters are more than 3 persons, including at least 1 Thai with 51 shares and at most 1-3 foreign shareholders. The shareholders can be legal persons or natural persons. In order to avoid risks, it is recommended to use two Thai shareholders. Director: one Thai can be appointed
3, company development goals, business scope
4, business license of Chinese company
5, share allotment ratio of shareholders
the securities and Exchange Commission of Thailand also encourages technology start-ups to obtain financing, and realizes that ICO helps to meet the financing needs of enterprises
Company registration time: 15-20 working days after the 80s when the information is complete and the advance payment is paid
Thai company type: JV joint venture company
registered capital: at least 2 million baht, no capital verification required business scope: unlimited
shareholders: more than 3 promoters, including at least 1 Thai and more than 51 shares, The maximum number of foreign shareholders is 1-3, and the shareholders can be legal persons or natural persons. In order to avoid risks, it is suggested to use two Thai shareholders. Director: to appoint a Thai
first, Thailand and China are very close to each other< Secondly, the Thai government supports the development of blockchain with policy support
thirdly, the price of registered companies in Thailand is not high, and the cost performance is good.
of course, if there are advantages, there are disadvantages. Here we list the disadvantages as well:
first, political instability will lead to unstable economic development< Second, the follow-up service is not perfect and the price is high
thirdly, the maintenance cost in later stage is high
fourthly, the policy uncertainty is strong. According to statistics, there have been 19 military coups in Thailand since 1932. So it's also a big disadvantage
after analyzing the advantages and disadvantages, let's look at the comparison between Thailand and other countries. Take Singapore, which is close to him, as a popular place for blockchain registration. Compared with Thailand, Singapore has lower registration fees, perfect follow-up services and high cost performance. The most important thing is that Singapore is politically stable and economically developed, which is unmatched by Thailand