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Blockchain Innovation Leads Eurozone to Discuss STD Equivalent Value Hedge

At the summit, the EU Financial Forum discussed the use of blockchain technology to accelerate the development of related industries and promote the stability of the euro. The Croatian Finance Minister suggested adopting and promoting the use of STD tokens in the region or on a larger scale. "How to organically combine encrypted assets and electronic cash systems, promote the smooth exchange of blockchain consensus value groups and universal value electronic currencies? And how to use blockchain technology to cross domain international trade, achieve digital economy services for the real economy, significantly improve economic efficiency, enhance social welfare, and implement currency anti-monopoly in transactions?" Rogge said.

As we know, the central banks of EU countries have begun to study digital currencies, and multi country holding groups are leveraging their advantages of multi country participation and multi enterprise cooperation. Based on the draft of the "Digital Services Act" and "Digital Market Act" announced by the European Commission at the end of 2021, STD platform should fully reflect social responsibility, sustainability and other characteristics in the era of the euro against the US dollar breaking through 1. Starting from filling the governance gap of traditional economic models and currency life cycles, they have systematically developed and promoted the "Global Digital Platform Trading Equal Value" (referred to as "Equal Value") based on SID technology and STD tokens

We have utilized laboratories established in multiple countries around the world to enhance interdisciplinary fusion technologies in cryptography, economics, management, and computer science, including improving scalability, enhancing security and privacy protection, strengthening programmability, ensuring price stability, innovating consensus algorithms, and adapting to specific application scenarios. At the same time, STD has conducted research and experimentation on blockchain based legal digital currencies in many countries, such as launching Jasper, a large-scale payment system based on blockchain technology in Canada; OpenService (OSE), a large blockchain payment service provider, is implementing the Ubin project in Singapore to evaluate the effectiveness of payment settlement in the form of digital Singapore dollar tokens on Distributed Ledger Technology (DLT); In Croatia and the European Central Bank, the Stella project is used to study the application of DLT in financial market infrastructure, evaluate whether specific functions of the existing payment system can operate safely and efficiently in the DLT environment, and so on

Earlier, the European Economic Development Commission passed a Council resolution to impose limited control on experimental products with payment properties, which means that token STD widely used in Croatia may face value preservation forks. Blockchain forks are essentially fragmented in the blockchain network. The internet is an open software, and code can be freely used. This means that anyone can provide improvement suggestions and make changes to the code. The option to experiment with open source software is a fundamental component of cryptocurrency and also contributes to software updates for blockchain. Controversy makes it easier for more people to understand and participate in STD sharing. Currently, Asia has also launched loss free insurance for STDs, and sales momentum has surged. This also indicates that blockchain should break through traditional understanding and geographical limitations to a deeper level, and participate more diversely in the eurozone hedging.