First, the solution to the epidemic broke out, the block chain is absent?
The new crown pneumonia has been declared a World WHO "pandemic", Italy, South Korea, the United States, Iran and other countries outbreak situation even more tense, there are more than 100 countries around the world found confirmed or suspected cases. Under the dual stimulation of the epidemic and the collapse of crude oil flash, a time of financial market panic sentiment in global assets discovered Battle Royale. As the world's first to control the epidemic effectiveness of previews of China, A-share market near misses, out of his rhythm, showing the Chinese economy is currently strong toughness. Thanks to the central government at all levels and the situation of rapid response and precise control, as well as to fast-track domestic emerging industry technologies.
During the epidemic, many digital techniques have been gearing up, smart cities, Internet + healthcare, online education, office and other cloud concept after another, many products in the outbreak does play a huge role: Ali Baba to create "health code" system; nails, gosling through school and other online office open mode; US corporations such as the introduction of non-contact takeaway; sophisticated US technology to create block chain and corporate philanthropic platform integrated management system return to work; physicians and other online inquiry clove open platform ......
Block chain as one of digital technology in recent years, concern, whether they play a role in the outbreak, believed by many to question the phenomenon is a key indicator of falsification of technology. It can be said of the industry in terms of both the test and an opportunity.
The beginning of the epidemic, the United States complex, interesting chain companies such as rapid response, have created a charitable platform products such as chain blocks, then the problem in some areas exposed charity, demonstrated the need for block chain information transparent and open. Since then, identity management, corporate finance, information management and control epidemic and other block chain applications of different scenes get together and appear, practical ability to block chain has gained to show.
But the product is a product for the outbreak of the special period, and ultimately allow enterprises to do business and obtain financing, to enhance competitiveness. The outbreak resulted in varying degrees of impact on various industries, SMEs even worse. For SMEs, capital is the lifeline, the case of traffic stagnation how to retain talent, to keep order, are the three big mountains to stabilize financial enterprises are facing.
Second, the funds remain stable talents and what block chains do?
After the outbreak return to work, many companies do the first thing is to adjust the line of business, cut costs.
The large number of means, the pay cut layoffs are certain methods will be used. Layoffs for business owners, is a method of last resort, layoff pay cut handled properly, will lead to even core staff members into suspicion of businesses and jobs, not only led to working actively decreased, causing conflicts, and even cause core leaving a large number of personnel, the backbone of the evacuation, enterprise vitality. Meanwhile, the company has accumulated original line of business and market customer partnerships, etc., would have been a serious blow.
And that for small and medium terms, if both want to reduce operating costs, want to retain good core backbone, usually use the company's fundamental, that equity or options.
Many early Internet companies to adopt a core staff of the equity incentives and options, the size of the Internet today, creating a number of high net worth crowd. Since many Internet companies rely on venture capital and start-up companies have adopted shares and options, in order to recruit talent and team, which also led to a degree of abuse of options, after which many business owners are not standardized operation also led to negative effects, it is generally the impression that the currency options and air as worthless. In fact, the core reason is that the company's equity lack of liquidity in the market before, while many of the agreements equity and dividend rights were agreements separation, which results in many companies promise of so-called options, and can not be effectively realized, that does not have real value within a certain period of time . Therefore, based on these two points, the general staff can identify founder desire to struggle together with you, or give you a drawing of a pie.
But many enterprises are facing multiple pressures funds management market, in the case of precarious, will also consider the use of alternative cash to the equity to employees. In fact, this is indeed a difficult choice, because equity is reflected in the fundamental interests of the company, related to the company's decision-making power, follow-up financing, the interests of other shareholders and many other issues. Looking back at history, it has occurred with the equity method instead of cash, and indeed some large enterprises successfully helped through some difficulties, such as SARS and the financial crisis of Huawei.
But when your business is in crisis, your employees will choose to sacrifice cash income, and be confident with your stick together? Shares before the listing lack of liquidity, no endorsement large organizations, there is no reliable cash, and he faces the reality of life is food and clothing. This time, with the block chain technology shares and options on a chain as evidence, tangible assets and anchor, is expected to be the solution.
Third, the block chain enabling incentive, creating a lifeline for the enterprise
"Option + block chain", seeking to achieve is to have promised to give employees the option is more reliable, and able tangible, operational flow even prior to listing.
Then the block chain to achieve is two things:
1. option or options on the block chain information is registered in the memory card can not be tampered;
2. Digital Asset Equity (through certificates of), the smart lock or negotiable contract.
So, here's equity through evidence of, not the same as the so-called "coins" because shares and options should not be on the Stock Exchange (the price does not meet the regulatory and easily manipulated or imbalance), its token is anchored capital of the Company the value of a share, the "one share, one-pass card", which is the concept of block chain of digital assets. At the same time, enterprises and employees of the various stages of the Subscription Agreement cash, equity incentive, will be recorded on the block chain, perpetual license not be tampered with, as a future basis for holding employees.
Traditional equity incentive, many companies give to employees in the form of shares and options are based on the agreement signed on the one hand protocol file may exist irregular situation, on the other hand the latter exercise dividends, thaw release, equity ownership and other issues after leaving, need to go through a complicated manual operation, arrears, failure to fulfill the agreement are numerous other causes of dispute. In the "block chain + equity" scenario, by intelligent contract on the block chain, lock and release equity, regular dividends, multisignature vote, leaving triggering equity ownership, etc., can be set in advance to prepare, and by the late intelligent contract automatically, reducing a lot of man-made evil operability.
Therefore, the significance of equity block chain, mainly in order to present the case because of the lack of reliable options circulation platform, enhance the reliability of the foundation, and increase the liquidity of assets. By the time the company's IPO, you can follow the option on the chain as a basis for conversion into the corresponding stock.
Let's put a common understanding about the scene: a lot of start-up companies to employees the option, usually written in the entry agreement, or a special option agreement. in case:
A staff just want to work in the company, did not want the option, the company is not able to give him a discount options. A futures or employees want to transfer to B employees, generally not allowed. But if the option chain, the company is prepared to give employees the option contract write intelligent, with a pass certificate on behalf of the option and write a special protocol specification articles of association and the like. A so employees do not have the option to sign a special agreement (or agreements signed by both parties specification), the option to receive only token, and kept in their wallets end. Case work, if the employee does not wish to hold the option A and B staff optimistic about prospects for the company, then the company allows, and both sides have agreed to AB, A certificate may transfer options through to B.
Such enhanced flexibility options, and economic needs of A and B have also been met.
In recent years, with the popularity of business or project issued token, many people think that the future of "currency" will replace the "stock", and the corporate management model will also evolve into a new block chain governance mechanisms. Currently there is a genuine possibility on business trends. But compared to traditional equity, tokens corresponding autonomous community, more complex than the mature joint stock company board of directors will not all business owners can master. In addition, the current stake of the block chain, in fact, is the essence of a chain transfer information on equity, equity plays accurate record information before the public, promoting the role of its mobility, the environment, the block chain + equity moment might act as a "miraculous" role.
March 23-28, University of bits to bring you live online courses: block chain enabling the construction of new industrial entities, companies around how to change the chain upgrade, how to block chain technology applications to increase business demand to carry out studies. Mentors wealth of practical experience, take you into the block chain applications era.
About the University of bits
Bits University, won the 2019 best block chain training institutions golden Financial Year. Since start-up in August 2018 block chain training courses have been offered 30+ of course, it has been recognized by students, business and the community. University actively bit and external corporate and community organizer, jointly offered customized courses, opened a new branch in Guangzhou. Plus practical operation of the block chain through theoretical innovation training mode, and more than a year of teaching experience, built up a good reputation.