As more and more people use digital currency, the status of banks as the industry leader in the financial industry has become precarious, especially in recent years.

Around the Spring Festival of 2017, National Bank NAB, one of Australia's four major banks, suddenly announced that it would lay off 6,000 people. The total number of employees of the National Bank is about 30,000, and the 6,000 people who were laid off this time are equivalent to one-fifth of the total number of employees.

According to foreign media reports, in 2018, Australia's four major banks plan to abolish a total of 20,000 banking practitioners, such as Japan, Scotland, the United States, Germany and other countries:

National Australia Bank: plans to lay off 4,000 people, 12% of the total number of employees;

Royal Bank of Scotland: 259 branches and outlets are expected to close, 680 layoffs;

Credit Suisse Bank: plans to lay off 5,000 people worldwide by the end of 2018;

Citibank: plans to lay off 30% of its employees from European and American banks within a decade, involving 1.7 million people;

Mizuho Bank of Japan: It plans to abolish 30% of its employees, and nearly 10,000 banking professionals will face unemployment.

Banks have always had shortcomings such as cumbersome business handling, high transfer fees, and low interest on deposits. The emergence of digital currency is tantamount to solving the pain points in these markets.

Blockchain technology gives the advantage of digital currency decentralization (independent trading) and non-tampering (cannot artificially change records). People use digital currency to pay, which can clarify the whereabouts of each money, because digital currency is traceable. The difference between digital currency and soft sister currency can save the cost of issuing, circulation and settlement of banknotes. Digital currency has the advantages of lower issuing cost, lower transaction cost, traceability and higher cost of fraud.

In addition, the “marking” and “traceability” of digital currency can enhance the convenience and transparency of economic trading activities. This will reduce illegal activities such as money laundering and tax evasion. At the same time, with the application of blockchain technology, a unified national and even worldwide book will be established, so that every money can be traced, tax evasion and money laundering will be within the scope of supervision, and it is even possible to automatically deduct tax on the credit card machine. .

Therefore, when Bitcoin was issued, it was widely used in cross-border transactions, entertainment consumption, financial services and other fields. Of course, not only bitcoin, but in the future, digital currency projects that bring value to people will be sought after.

DRC, as one of the most valuable digital currency projects, integrates real-time content sharing, online live broadcast, short video production and release, and creative shopping display. It builds a decentralized, transparent and transparent information through blockchain technology to maintain users. The comprehensive entertainment chain of rights. DRC is based on the Ruby public chain RU20 issued tokens, the late Durian Chain main chain will be fully launched through the main network after the test is completed.

DRC is based on the physical ecological scene of the entertainment industry. With the gradual development of DRC, it will be launched in the whole ecological application scene of the entertainment industry, including music, video social, online red economy, games, e-commerce, new retail and other fields. With the all-round development of Internet finance, DRC will also become better and better, and the value potential will become more and more huge.

Company Name:Future Finance

Contact Person:Moca Yu

Email:moca@weilaicaijing.com

Country:China

Website:weilaicaijing.com