The token economy has the power to turn stones into gold

Mondo Education Updated on 2024-01-19

In today's era, there has been a shift from the era of the Internet economy to the digital economy, which is not a simple noun replacement, but a paradigm revolution: digital has become a key factor of production and is changing the mode of production.

The digital economy relies on relevant technical means to promote the formation of a higher matching supply and demand relationship, and increasingly form industrial links, B2C to C2B, B2B has become a paradigm

Under the guidance of emerging technologies such as blockchain, AI, big data, Internet of Things, and cloud computing, the digital economy is gradually integrating the functions of enterprises and individual markets, and playing an increasingly obvious role in resource allocation and enterprise coordination.

The tremendous changes in digital technology have ushered people into a new era of digital economy, and society, business operation models and characteristics have undergone earth-shaking changes. With the advent of the digital wave, the old methods and experiences of the past have become ineffective, many people and enterprises have been caught off guard, and "innovators' dilemma" and "strategic confusion" have become the norm, and everyone is eager to accelerate digital transformation, but they don't know where to start. In the past, the core competitiveness of enterprises, patented technology, organization and operation, product performance, etc., have been severely challenged;The monopoly of giants continues to increase, and the state's anti-monopoly efforts have strengthened ......Some people say that Internet innovation is in the stage of "stoppage time", and it is difficult to produce unicorns.

As a result, people have begun to reflect on the Internet and embrace the digital economy, and the token economy has also exploded into gold. In early 2018, Kodak, a long-established film company, announced that it would launch a blockchain-based platform for trading and managing photographers' rights, and its stock price soared 76% immediatelyKodak relied on blockchain to achieve a big turnaround of "dead wood in spring". More and more companies are also targeting the token economy in search of such a magical transformation.

In traditional business practices, it relies on information asymmetry and the misalignment of demand and supply to make profits. However, the commercial foundation built by the token economy can allow producers and consumers to achieve precise links, and the intermediate links are eliminated, and "commerce" is redefined at one time. At the same time, capital will no longer be the only measure of human beings, and the factors of production and resources will also be changed by the advent of the Internet. Data is becoming more and more important as an indispensable resource for business development. The organization of modern companies with a capital structure centered on raising funds will become an emerging economic organization with a token structure centered on contribution incentives. In the future, we will have more resources, forms of assets and identities to participate in production and consumption in a fair and transparent manner, realize consumption production, and further stimulate consumption.

In real life, we participate in transactions as consumers, and in the token economy, we participate in consumption as shareholders, and our willingness to spend is further increased. In real life, the medium of our transactions is currency, and in the token economy, the medium of our transactions can be currency or tokens, coupled with the diversity of rights and interests of token mapping, on the one hand, it will make the future transaction methods more abundant and diversified, and further stimulate people's consumption, on the other hand, it also gives us an extra "trading chip", which virtually eliminates our consumption pressure.

At the macro level, the state has promoted the blockchain to a national strategy, on the one hand, it can break the political and financial barriers in today's world, and on the other hand, in the field of token economy, all organizations and individuals will become nodes, and anyone in the world can see personal credit and cannot tamper with it. With the development of AI, personal credit and value will be reflected indiscriminately. The gap between rich and poor is no longer reflected in how much power and money you have, but how much credit you can get. This is precisely the natural advantage of the world harmony and the socialist system with Chinese characteristics. With the token economy, ordinary people can also achieve corner overtaking.

Ninglian Digital Technology makes full use of the advantages of the token economy to turn stones into gold, and uses blockchain technology to empower the majority of merchants and help them achieve digital transformation. Give back green consumption points to consumers, drive consumers' consumption vitality, make consumers happy to consume, and let consumers transform into data providers and shareholders, share the dividends of enterprises, and share the value of data. With the continuous improvement of the economic situation and the support of national policies, the future of Ninglian Digital Technology must be bright!

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