New World’s Success in Digital Currency Pilot Projects: A Record of Investor Relations Activities

According to reports, on April 7th, the New World disclosed a record of investor relations activities. As one of the first commercial application units of digital currency, the company has conducted nearly 10 digital currency pilot projects with multiple banks in the New World, achieving good results in digital currency pilot projects. In the future, New World will continue to leverage its advantages in the linkage of business, tourism, culture, health, and sports, expand the online economy, absorb online traffic resources, integrate creative thinking, and achieve a win-win situation for all parties, making efforts and contributions to building a Shanghai shopping brand.

New World: Conducted nearly 10 digital currency pilot projects with multiple banks in the New World, achieving good results

As the first commercial application unit of digital currency, New World has recently disclosed a record of their successful investor relations activities. Since its inception, the company has been keen on testing and experimenting digital currency’s potential, resulting in nearly ten pilot projects with various banks in the New World. In this article, we will discuss and analyze the pilot projects and achievements made by New World while also highlighting its plans for the future.

The Beginning of New World’s Blockchain Journey

New World has always been progressive in its approach towards adapting new technologies. In 2017, the company began exploring the potential of the blockchain and by 2018 had successfully launched its digital currency. Since then, the company has been working on several pilot projects with different banks to test the applications and utility of the coin in real-life scenarios.
The pilot projects were conducted in various areas, including payment systems, trade finance, supply chain management, and digital asset management. The main objective was to optimize the transactions of these areas and improve their efficiency by utilizing digital currency.

The Success of the Pilot Projects

New World’s pilot projects with multiple banks in the country have been a resounding success. The experiments have demonstrated that digital currencies can improve the efficiency of traditional financial activities, drive digitization in the economic sector, and deepen the integration of finance and real economy.
In particular, the digital currency pilot projects with banks in the trade finance area have brought significant improvements. The traditional process of trade finance is time-consuming, paperwork-intensive, and involves multiple manual verifications. However, using a digital currency-based platform, the process has been shortened and streamlined, resulting in more efficient and reliable document verification and transaction clearing.

Future Plans of New World

New World intends to leverage its advantages in the linkage of business, tourism, culture, health, and sports, to expand its online economy, absorb online traffic resources, integrate creative thinking, and achieve a win-win situation for all parties. The company believes that through the right partnerships and collaborations, digital currencies can bring about positive changes in various industries.
The business will continue to work on promoting the use of digital currencies in various fields, including payment settlements, asset transactions, digital identity authentication, and smart contracts. Meanwhile, it will also maintain close cooperation with financial institutions, government regulatory bodies, and experts in the industry to promote the healthy development of the digital currency industry.

Conclusion

New World has proven itself to be at the forefront of digital currency experimentation and implementation. The company’s successful pilot projects have demonstrated that the blockchain and digital currencies can transform the traditional financial system into a more efficient, transparent, and secure one.
The future looks bright for New World, as it continues to promote the use of digital currencies in various aspects of life. It aims to bring about a win-win situation for businesses, consumers, and other parties, playing its part in building a robust and prosperous economy.

FAQs

1. What is New World’s digital currency pilot project, and how does it work?
New World’s digital currency pilot project involves working with multiple banks to test the applications and utility of the coin in payment settlements, asset transactions, digital identity authentication, and smart contracts. The process is streamlined and optimized for efficiency, providing a reliable and secure transaction platform.
2. What industries does New World aim to promote the use of digital currencies in?
New World aims to promote the use of digital currencies in various fields, including payment settlements, asset transactions, digital identity authentication, and smart contracts.
3. How will New World promote the healthy development of the digital currency industry?
New World will maintain close cooperation with financial institutions, government regulatory bodies, and experts in the industry to promote the healthy development of the digital currency industry.