8th Continent ECB | ||||
The next-generation digital economy in China | ||||
Start date | 18. May 2018 | End date | 28. Jul 2018 | |
Information | Seventh Continent Ltd., a British-Hungarian company has built 8th Continent Social Marketplace, a next generation digital economy in China. 8th Continent is based on a deal that both sets a new paradigm for markets and stops digital ad fraud. 8th Continent does not intend to reform the blockchain world, only use it to take advantage of the decentralised, secure and provable transaction ledger. Nevertheless the potential of 8th Continent is to be huge as it aims to address the problems linked with standard stock and commodities exchanges: overcome the zero-sum game paradigm while countering ad fraud. A zero-sum game is where any quantifiable gains by one party are equal to the losses of another party, and such an environment can be discouraging for many who are on the wrong side losing their money. |
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