The market for cryptocurrency comes from demand

The trend of cryptocurrency development isjust like the original e-commerce development. Few people will mention and useit, but now e-commerce has solved a large part of people's purchase problems.It has been recognized by people. This is a trend, just like the currentcryptocurrency.

Each distribution of cryptocurrencies isgiven a performance and functionality. Performance can reflect the value,distinguish it from other cryptocurrencies, and the function is to solve socialproblems. For example, the anonymity of the early dash is a good solution to theenvironmental factors that certain exchanges pursue. There are many exampleslike this, and the reason why cryptocurrencies are increasingly favored is thatexcept that it is a new type of economic situation, what remains is its socialneeds.

The current logistics transportation is verycommon and busy, and delivery is not very convenient. There is a concept thatis called smart delivery. CargoX is solving all kinds oflogistics needs.

The shipping industry is one of theindustries that we have not considered in our daily lives, but the chaos in theshipping industry may completely ruin our daily activities. Given its importancein maintaining trade in different countries, only the use of an advancedtechnology (blockchain technology) to help the shipping industry is effective.This is what CargoX wants to do.

CargoX's system work based on the Ethereumplatform works as follows. The source carrier will create a smart bill oflading and send it to the exporter as a token. Smart Bill of Lading is createdusing dApp. After the exporter receives the payment, he will transfer theintellectual B / L ownership to the importer. The importer can obtain the goodsin the port of destination by displaying the smart bill of lading mark.

In the entire operating network, the tradingcurrency used is the token issued by CargoX, that is, the CXO token, so the CXOcoin price willalso be affected by the logistics.

Not only it can be used to power theblockchain, it can also motivate participants to use CXO tokens for payment.CargoX presents a unique and implementable solution to the problems facing theshipping industry, so it can have a very bright future. This also explains whatI said earlier. There is always a need for cryptocurrency.

The one Similar to CargoX's developmenttrend is Acoin,which is a cryptocurrency under peer-to-peer technology, runs without a centralmanagement agency, is a typical application of blockchain technology, confirmsthe transaction and issuance of Acoins by the Internet. Collectively. Acoin isopen source and its design is open.

OsmiumCoin is also the same principle,typical decentralized applications, OsmiumCoin is often seen as"OS76", and does not require a single management agency like theCentral Bank can work. The cryptocurrency OsmiumCoin can be mined for profit. Ituses the Scrypt algorithm and work-proof (pow) consensus. Decentralization isthe core of blockchain technology. As long as society has such inequality,there is room for application in blockchain, and many cryptocurrencies based onblockchain technology will continue to emerge. Because there is a market fordemand.