What is Guochi (How is Guochi Wine)

What is Guochi? What is Guochi?

In the blockchain industry, the financial institutions we commonly see are centralized, operated and managed by multiple independent organizations. These companies have their own smart contract systems (also known as smart contracts), which are usually composed of different participants. For example, people who hold a large amount of digital assets in their bank accounts can use their cryptocurrency as collateral for loans. This model is called “decentralized lending.” Therefore, many traditional financial institutions will deposit funds in a separate wallet or a wallet of a large platform for trading.

However, this does not mean that all investors are the same person. On the contrary, they need to deposit funds into the wallet and operate through a third-party platform to obtain loans. So, when users start investing, this process becomes complicated.

So what is Guochi? What makes it different? Why choose a unified exchange instead of a specific service provider? The answer is the exchange, because the exchange has two core businesses: one is to establish a new fiat currency market within the exchange. The other is a service within the exchange. The exchange itself has a very important function – to allow customers to have control over their business and decision-making power over all other things.

For the operation of a company, the most important thing is its operation mode. Generally speaking, the exchange develops a product for its customers and recommends goods and services to customers. However, in order to attract new users, the exchange must first apply for a license to be listed on the exchange. If a project wants to launch a product, they have to open a license for the exchange. In this way, the exchange can directly enter the internal ecology of the exchange. At the same time, in order to ensure safe and efficient listing, the exchange will also develop various strategies according to rules to meet its users’ needs.

In addition, the exchange does not accept external capital to maintain its tokens, which may result in some traders not being able to perform off-market operations. For example, more than 1,000 address transfer transactions occurred on the Bitcoin network between unknown wallets, and similar transfer transactions also occurred on the Bitcoin chain. (Of course, some people believe that such actions may cause some chain reactions.)

In addition to traditional exchanges, there are other types of products collaborating with exchanges. For example, an exchange has been online for more than a year. Now, many exchanges are actively exploring how to use the existing liquidity in this market, including various financial derivatives tools including exchanges. These application scenarios are likely to be built on the Ethereum network or applications like DeFi. They are also trying to create financial products similar to DEX and other similar products. But in fact, there is no difference. For example, UniswapV2 is still built on the Ethereum public chain.

Currently, DeFi protocols and applications in the domestic market are quite popular.

How is Guochi Wine

According to official sources, how is Guochi Wine? Currently, the reviews are good.

According to evaluation results: as of 18:00 on December 31, 2020 (UTC+8), the price of Guochi Silver is 90.0 RMB/bottle, with a market value of about 5.15 billion RMB; Guochi Whiskey ranks second internationally, first in the US, and second in China. Guochi wine has a good reputation and popularity among well-known international brands in China. Since early 2018, Guochi wine has sold health products worth over 200,000 RMB.