Tag: Chinese investments in Europe

16
Jul

Main relevant issues related to the Bitcoin cryptocurrency.

Bitcoin is a form of digital currency, created and stored electronically. Established in 2009, by its creator Mr. Satoshi Nakamoto. It was the first virtual payment method of this type in the world. Thanks to several important features, it is one of the largest financial innovations of recent years.

At the moment, due to the lack of bank intermediation in funds transfer, bitcoin is considered by many investors as a cheaper alternative, especially for larger amounts.

Two other important features of cryptocurrencies payment system are definetely security and anonymity. Information on transactions carried out using bitcoin is encrypted using a technology called “blockchain”. At the moment, its mode of operation and continuous verification seems to be virtually unbreakable. Creating an account in this cryptocurrency has no formal conditions and the accounts are anonymous. The only thing the user receives to the invoice is a 54-character login and password.

A huge advantages of this payment method are also the speed and ease in making the transfers online. In the process of transferring funds, the distance to the place where we send the money does not matter and the transaction is carried out without intermediaries. Bitcoin transfers have no restrictions in the form of weekdays or holidays, we can send funds 24 hours a day, 7 days a week. Transactions are approved almost every 10 minutes.

In comparison to traditional banks that have a centralized database system, information about the status of bitcoin accounts is simultaneously found in many places on earth in the same form. That makes it definetely more secure.

These factors as much as the fact that according to the assumptions, a limited amount of 21,000,000 bitcoins will be created by 2140 have largely influenced the popularity of bitcoin, which is reflected in its market value. At present, approximately 16,500,000 bitcoins have already been circulated, and the pace at which others will hit the market will slow down.

10
Jul

What is Bitcoin cryptocurrency and BTC exchange?

Bitcoin is a form of digital currency, created and stored electronically. Established in 2009, by its creator Mr. Satoshi Nakamoto. It was the first virtual payment method of this type in the world. Unlike traditional, physical currencies like euros or dollars, Bitcoin is not printed – it has no physical form. Instead, bitcoin is created by computer scientists around the world, using programs that solve mathematical problems.

Bitcoin becomes very popular exchange medium that we can pay for more and more products and services. Day by day we can hear that more institutions, stores and other companies are starting to accept bitcoin. It is also a currency that has no physical form and can be sent immediately to anywhere on earth. This has a lot of advantages compared to e.g. international bank transfers, where money has to go through several banks along the way, and thus be saved on several subsequent virtual account books.  

Banks are another significant difference between cryptocurrencies and physical cash. The central bank’s mission is to stabilize its own currency. It can increase the money supply, which we call ‘reprinting’ to cover government debts, thereby devaluing the currency. However, in the case of digital currency, there is no such thing as Bitcoin Bank that would also be its regulator. This is due to the fact that Bitcoin is a bank in its own right. The independent accounting book contains information about the ownership status of all users and the history of transactions between them. To open an account with cryptocurrency, just download the special application and generate a login and password. Each user’s account is completely anonymous and has no formal requirements.

Here the meaning of the term “crypto” is revealed to us, because the above-mentioned information is just encrypted inside bitcoin. The way encryption is done is a revolution in the field of information technology – it is called “Blockchain”.

20
Jun

Dynamic increase in interest in investments in Poland.

Many Chinese companies are very interested in starting up their business in the European Union today. Poland is in an ideal position – centrally between East and West. Local investors appreciate this and see our advantage. More and more of them are looking for space to cooperate with Polish and European companies. Both Polish and Chinese companies can benefit in the context of trade, joint investment or joint venture projects.

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