×
Array
(
[fid] => 6974
[description] => 专注于币圈最新最快资讯,数字货币应用及知识普及
[password] =>
[icon] => b1/common_6974_icon.png
[redirect] =>
[attachextensions] =>
[creditspolicy] => Array
(
[post] => Array
(
[usecustom] => 1
[cycletype] => 1
[cycletime] => 0
[rewardnum] => 5
[extcredits1] => 1
[extcredits2] => 1
[extcredits3] => 0
[extcredits4] => 0
[extcredits5] => 0
[extcredits6] => 0
[extcredits7] => 0
[extcredits8] => 0
[rid] => 1
[fid] => 6974
[rulename] => 发表主题
[action] => post
[fids] => 32,52,67,447,1120,1151,1156,6750,6762,6763,6766,6769,6772,6773,6787,6796,6808,6809,6810,6813,6814,6820,6829,6830,6846,6856,6864,6865,6827,6930,6931,6776,6858,6880,6764,6932,6871,6758,6905,1116,6788,6812,6798,6736,6759,6842,6966,6767,6828,6924,6935,6936,6938,6940,6941,6826,6909,6803,6919,6911,6908,6881,6920,6912,6913,6921,6925,6922,6789,6818,6819,6872,6928,6969,6889,6888,6917,6939,6947,6961,6937,6943,6970,6869,6900,6902,6783,6817,1111,6870,6821,6876,6952,6954,6960,6942,6910,6949,6962,6963,6964,6927,6926,6973,6728,6929,6874,6894,6896,6885,6857,6868,1113,6778,56,6844,6878,6802,6933,6811,6923,6877,6875,6918,6892,6757,6832,6833,6795,6793,6848,6837,6849,6850,6851,6852,6853,6854,6863,6882,6836,6790,6838,6794,6791,6873,555,6934,6958,6944,6945,6907,6779,6886,6950,6904,6956,6862,6957,6855,6955,6959,6914,6965,6971,6972,6953,6976,6824,6815,6891,6866,6979,6977,6765,6903,6948,6980,6981,6983,6799,6982,6951,6984,6975,6895,6845,6879,1121,6974
)
[reply] => Array
(
[usecustom] => 1
[cycletype] => 1
[cycletime] => 0
[rewardnum] => 0
[extcredits1] => 0
[extcredits2] => 1
[extcredits3] => 10
[extcredits4] => 0
[extcredits5] => 0
[extcredits6] => 0
[extcredits7] => 0
[extcredits8] => 0
[rid] => 2
[fid] => 6974
[rulename] => 发表回复
[action] => reply
[fids] => 32,52,67,447,1120,1151,1156,6750,6763,6766,6769,6772,6773,6787,6796,6808,6809,6810,6813,6814,6820,6829,6830,6846,6856,6864,6865,6827,6930,6931,6776,6858,6880,6764,6932,6871,6758,1116,6788,6812,6798,6736,6759,6842,6966,6767,6828,6924,6935,6936,6938,6940,6941,6826,6909,6803,6919,6911,6908,6881,6920,6912,6913,6921,6925,6922,6789,6818,6819,6872,6928,6969,6889,6888,6917,6939,6947,6961,6937,6943,6970,6869,6900,6902,6783,6817,1111,6870,6821,6876,6952,6954,6960,6942,6910,6949,6962,6963,6964,6927,6926,6973,6728,6929,6874,6894,6896,6885,6857,6868,1113,6778,56,6844,6878,6802,6933,6811,6923,6877,6875,6918,6892,6757,6832,6833,6795,6793,6848,6837,6849,6850,6851,6852,6853,6854,6863,6836,6790,6838,6794,6791,6873,555,6934,6958,6944,6945,6907,6779,6886,6950,6904,6956,6862,6957,6855,6955,6959,6914,6965,6971,6972,6953,6976,6824,6815,6891,6866,6979,6977,6765,6903,6948,6980,6981,6983,6799,6982,6951,6984,6975,6895,6845,6879,1121,6974
)
)
[formulaperm] => a:5:{i:0;s:0:"";i:1;s:0:"";s:7:"message";s:0:"";s:5:"medal";N;s:5:"users";s:0:"";}
[moderators] => 实习版主1
[rules] =>
[threadtypes] => Array
(
[required] => 1
[listable] => 1
[prefix] => 1
[types] => Array
(
[1590] => 论坛公告
[1752] => 公司优惠
[1603] => 虚拟币交流
[1753] => 数字钱包
[1754] => 虚拟币存提
[1755] => 交易所
[1655] => 虚拟币资讯
[1756] => 银行卡
[1757] => 第三方支付
[1760] => 币圈大佬
[1758] => 科技前沿
[1759] => 天策嗨聊
[1661] => 入驻合作
)
[icons] => Array
(
[1590] =>
[1752] =>
[1603] =>
[1753] =>
[1754] =>
[1755] =>
[1655] =>
[1756] =>
[1757] =>
[1760] =>
[1758] =>
[1759] =>
[1661] =>
)
[moderators] => Array
(
[1590] => 1
[1752] =>
[1603] =>
[1753] =>
[1754] =>
[1755] =>
[1655] =>
[1756] =>
[1757] =>
[1760] =>
[1758] =>
[1759] => 1
[1661] =>
)
)
[threadsorts] => Array
(
)
[viewperm] => 9 26 22 11 12 13 14 15 27 43 44 60 61 62 63 64 19 31 67 68 69 73 75 76 83 84 87 90 91 92 33 38 57 58 65 66 74 77 79 80 85 86 1 2 3 7 8
[postperm] => 22 11 12 13 14 15 27 43 44 60 61 62 63 64 19 67 68 69 73 75 76 83 84 87 90 91 92 33 38 57 58 65 66 74 77 79 80 85 86 1 2 3
[replyperm] => 26 22 11 12 13 14 15 27 43 44 60 61 62 63 64 19 67 68 69 73 75 76 83 84 87 90 91 92 33 38 57 58 65 66 74 77 79 80 85 86 1 2 3
[getattachperm] => 26 22 11 12 13 14 15 27 43 44 60 61 62 63 64 19 67 68 69 73 75 76 83 84 87 90 91 92 33 38 57 58 65 66 74 77 79 80 85 86 1 2 3
[postattachperm] => 26 22 11 12 13 14 15 27 43 44 60 61 62 63 64 19 67 68 69 73 75 76 83 84 87 90 91 92 33 38 57 58 65 66 74 77 79 80 85 86 1 2 3
[postimageperm] => 26 22 11 12 13 14 15 27 43 44 60 61 62 63 64 19 67 68 69 73 75 76 83 84 87 90 91 92 33 38 57 58 65 66 74 77 79 80 85 86 1 2 3
[spviewperm] =>
[seotitle] =>
[keywords] =>
[seodescription] =>
[supe_pushsetting] =>
[modrecommend] => Array
(
[open] => 0
[num] => 10
[imagenum] => 0
[imagewidth] => 300
[imageheight] => 250
[maxlength] => 0
[cachelife] => 0
[dateline] => 0
)
[threadplugin] => Array
(
)
[replybg] =>
[extra] => a:2:{s:9:"namecolor";s:0:"";s:9:"iconwidth";s:2:"60";}
[jointype] => 0
[gviewperm] => 0
[membernum] => 0
[dateline] => 0
[lastupdate] => 0
[activity] => 0
[founderuid] => 0
[foundername] =>
[banner] =>
[groupnum] => 0
[commentitem] =>
[relatedgroup] =>
[picstyle] => 0
[widthauto] => 0
[noantitheft] => 0
[noforumhidewater] => 0
[noforumrecommend] => 0
[livetid] => 0
[price] => 0
[fup] => 6729
[type] => forum
[name] => 虚拟币讨论大厅
[status] => 1
[displayorder] => 3
[styleid] => 0
[threads] => 19652
[posts] => 280765
[todayposts] => 211
[yesterdayposts] => 325
[rank] => 2
[oldrank] => 2
[lastpost] => 2646965 比特币网络钱包app苹果官网下载(导入tp钱包显示无效的私钥)(转) 1714721034 stareshiny
[domain] =>
[allowsmilies] => 1
[allowhtml] => 1
[allowbbcode] => 1
[allowimgcode] => 1
[allowmediacode] => 0
[allowanonymous] => 0
[allowpostspecial] => 21
[allowspecialonly] => 0
[allowappend] => 0
[alloweditrules] => 1
[allowfeed] => 0
[allowside] => 0
[recyclebin] => 1
[modnewposts] => 2
[jammer] => 1
[disablewatermark] => 0
[inheritedmod] => 0
[autoclose] => 0
[forumcolumns] => 3
[catforumcolumns] => 0
[threadcaches] => 0
[alloweditpost] => 1
[simple] => 16
[modworks] => 1
[allowglobalstick] => 1
[level] => 0
[commoncredits] => 0
[archive] => 0
[recommend] => 0
[favtimes] => 0
[sharetimes] => 0
[disablethumb] => 0
[disablecollect] => 0
[ismoderator] => 0
[threadtableid] => 0
[allowreply] =>
[allowpost] =>
[allowpostattach] =>
)
当前离线
经验:
天策币:
活跃币:
策小分:
总在线: 2058 小时
本月在线: 45 分钟
|
|
智能合約可能取代投資銀行 現在,我們只需要透過以太坊區塊鏈寫一張智能合約(smart contract)就可以發起 ICO 募資,每當有人把錢匯到智能合約的地址,合約就會發出對應數量的代幣給投資者作為認購憑證,然後定期配送紅利,簡單來說,區塊鏈智能合約能夠自動化「集資」、「配股」和「配息」這些作業,所以華爾街不得不面對這股科技浪潮的沖擊。 證券買賣一直以來都是華爾街擁有豐厚報酬的來源,投資銀行在企業、ZF與投資者交易過程中,扮演不可或缺的中間媒介角色,主要負責債券發行或 IPO。然而,ICO 融資方式的出現可能讓風險投資家這個行業走入歷史,而華爾街的投資銀行首當其中。 投資銀行的工作主要是將資本供給與需求者(投資人)聯繫起來,然而隨著新興技術的發展,投資銀行的業務可以被區塊鏈所取代。華爾街最賺錢的項目為公司債券的發行,傳統的運作方式是:一家公司授權一家投資銀行,並由基金經理人販售這些資產及基金債券。根據統計,2017 年全球公司共發行了總價值超過 3.5 億美元的債券,投資銀行可以藉由接觸基金經理控制整個市場。然而,ICO 的成功也讓這種中介機構需求隨之消失──現在公司可以透過發行「智能債券」直接與投資者聯繫。 智能債券發行運作流程智能債券的發行概念是公司利用區塊鏈創建一個智能合約,這個合約執行模式與債券相似,半年支付一次票息及到期償還本金。想參與初始債券發行(Initial Bond Offering,IBO)的投資者,只要將資金兌換以太幣(ETH)打到智能合約上的地址,並註明他們願意接受的最低金額息票。當 IBO 結束時,智能合約將自動建立訂單,由願意接受最低金額息票的投資者依序排下,最低限度的投資者需要在訂單上設定債券最低金額息票。然而,所有沒有達成最後訂單的投資者,將會自動從智能合約上再拿回之前投資的以太幣。 據了解,每 6 個月投資者都會收到原始智能合約中設定的息票(利息)。若公司不想承擔以太幣的價格風險,可以直接用以太幣支付,並可調整證券隨著交易所中以太幣兌換法幣的匯率。因此,支付債券之前,智能合約將會從數據提供商取得法幣兌以太幣的匯率,再支付適量的 ETH,過程跟以法幣債券的進行方式類似。有些智能債券亦可直接以有法幣支持的代幣兌換息票和償還本金,也可在有信譽、經審計的金融機構進行交易。在債券到期時,智能合約將支付息票及本金,或和以太幣相同的金額、使用以太幣或法幣支付金額相同的美元。 IBO 整個運作過程不需多餘人力,唯一要做的就是需要工程師編寫智能合約,相信在不久的將來,這類經過審查的智能債券合約就會被推出市場。 8 ] P: Q, a) d
( R% V3 H: o- ~8 j @. a
9 N2 a5 E1 l+ m
智能債券蓄勢待發購買傳統單一債券一般需要 5,000 至 200,000 美元不等,讓許多投資者望之卻步;然而,智能債券的投資額最低一股可為 10 美元,投資門檻相對於傳統債券而言是非常低。不僅給投資散戶提供多一種選擇,而且除了一般商業銀行之外,中小企業也可以選擇新型的融資方式──如發行微型債券,這些融資方式的成本幾乎為零。 區塊鏈技術所帶動的金融科技(Fintech)革命風雨欲來,ICO 僅僅是個開始,金融市場與體制正走向大變革的道路上。
6 R+ ~( r3 e2 e0 ~" P; ]
' S& @+ l; k- m# D+ H% N5 K |
|
|
|
|
|
|
当前离线
经验:
天策币:
活跃币:
策小分:
总在线: 16860 小时
本月在线: 27 小时
|
|
|
|
|
|
|
|
当前离线
经验:
天策币:
活跃币:
策小分:
总在线: 11479 小时
本月在线: 7 小时
|
|
|
|
|
|
|
|
当前离线
经验:
天策币:
活跃币:
策小分:
总在线: 12079 小时
本月在线: 3 小时
|
|
|
|
|
|
|
|
当前离线
经验:
天策币:
活跃币:
策小分:
总在线: 8183 小时
本月在线: 6 小时
|
|
|
|
|
|
|
|
当前离线
经验:
天策币:
活跃币:
策小分:
总在线: 17381 小时
本月在线: 6 小时
|
|
|
|
|
|
|
|
当前离线
经验:
天策币:
活跃币:
策小分:
总在线: 2111 小时
本月在线: 2 小时
|
|
|
|
|
|
|
|
当前离线
经验:
天策币:
活跃币:
策小分:
总在线: 9359 小时
本月在线: 9 小时
|
|
|
|
|
|
|
|