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What is the meaning of dcep in China (Which company is doing China’s dcep)?

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dcep refers to what kind of market in China. Editor\’s note: This article is from

What is the meaning of dcep in China (Which company is doing Chinas dcep)?

dcep refers to what kind of market in China. Editor’s note: This article is from BlockBeats (ID: 0xB5C3F), authorized to be reproduced by Odaily Star Daily.

dcep refers to what kind of market in China, which has increased tenfold or even dozens of times in the past year. dCEP is a decentralized exchange product developed based on Ethereum, which realizes a decentralized digital asset trading protocol through smart contracts. It allows participants in the Bitcoin network to conduct peer-to-peer and trustless transfer transactions, making it one of the most scalable and efficient cryptocurrency platforms in the world.

According to public information, the market value of dcep is currently over 10 billion US dollars (as of January 27, 2020), with XRP ranking third. After dcep went online on Coinbase at the end of 2017, it grew rapidly and has increased by 100% since early 2018. But it is worth noting that this price is not announced by the official, but is issued by Chinese institutional investors and is not controlled by any large investment institution. Therefore, many people may not understand its value, such as at the end of 2017 when many people thought it was a scam. But now many media are reporting that this project had been speculated long ago, because at that time a large amount of speculative funds entered the coin circle for mining, which prevented these funds from flowing in. However, this liquidity attracted the attention of others, so some people think that it is the work of a very large investment fund – but it is still unfamiliar to most ordinary users, right? If we look at it over a longer period of time, it is like this:

The avocado in 2013, which was popular last summer, just started to rise in April this year. Until the end of September 2019, the market broke out again after Bitcoin broke the $20,000 mark and plummeted to below $8,000 (as of the time of writing). Throughout the bear market, we can see that Bitcoin has been in a high-level oscillation period. In such a period, the price of Bitcoin did not fall like before, but continued to rise. The same thing happens when the price falls.

The depressed market in 2016. After 2015, with the development of blockchain technology and more and more people joining in, people gradually discovered that the Internet is an emerging industry and a process of continuous growth. With various innovations and developments, the Internet has also become mature, perfect, and popular. With the rise and promotion of a series of concepts such as DeFi, the Internet is developing rapidly, and few new things have appeared in this field, such as EOS at that time. The launch of ETH2.0 will bring new opportunities, and these opportunities are indispensable and important factors. Therefore, in this stage, we need to pay special attention and not blindly follow or chase highs and lows.

Which company is doing China’s dcep

Editor’s note: This article is from BlockBeats (ID: blockbeats), authorized to be reproduced by Odaily Star Daily.

It is said that dcep, one of China’s largest internet companies, is developing its own blockchain-based digital identity platform, DCEP.io. What is it? Which company is it? What exactly is this thing? I also mentioned this project in previous articles.

We know that a company called eData, an electronic data services provider in China, is dcep. This company is also a company called m0, specializing in big data research. At present, most people in China are quite familiar with this project. (I am the author Wu Yan, not commenting on anything here)

However, for these institutions, they may not be familiar with this type of software, such as Tencent, Alibaba, or giants like JD.com that have no physical business and technical strength. But from the perspective of actual application, their products should all be “distributed ledgers” and have significant differences from other technologies. So what is dcep? It’s actually very simple. Because the attitudes of many countries towards cryptocurrencies are changing, and regulatory policies are gradually becoming clear. However, to make people understand this concept, it is necessary to understand its operation method and then use it, that is, the so-called dcep (the Central Database Infrastructure), which is actually composed of a set of codes and is used to manage information systems on the network, that is, dcep tokens.

So you can ask yourself, “How to participate in this process?” The answer may be to secure the entire system through smart contracts, or similar issuance tools like Bitcoin and exchanges between various tokens, and so on.

Of course, some companies may choose to join this ecosystem for investment. For example, a fund set up in China starting in November last year to fund blockchain startups. In the past year, the Singapore government announced the establishment of a new foundation as official donations support. In January of this year, Singapore already released a draft bill, planning to establish a new public sector to help solve problems for blockchain startup teams. “Our mission is to promote the development of the global blockchain industry.” another statement said, “dcep is a data registration layer created for commercial activities.”

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