pinetwork has been around for more than a year. From when many people did not accept it, many people have heard of it and slowly recognized it. The reason is that the blockchain, as the digital currency of the underlying technology, has gradually demonstrated its commercial value. What exactly is Pi and what does it do? Simply put, Pi has to do three major things!
The first thing is to become a global public chain! Pi's global public chain is a basic system similar to the Android system and the IOS system. In the future, it will be able to carry countless DApps (that is, blockchain apps) running on it.
The second thing is to become a global bartering platform! Pi is to break national boundaries and make business and bartering in all walks of life around the world more smooth. People around the world can freely chat and communicate on the Pi software, and can transfer Pi coins quickly and smoothly, which will lay the foundation for Pi's global barter in the future. The basics!
The third thing is to leverage the global cryptocurrency payment market! In the traditional payment system, if you want to complete a payment settlement, it needs to go through a third-party platform such as Alipay, it needs to go through a bank, it needs to go through layers of review, the process is cumbersome, the efficiency is low, and it has to pay a high fee. If this kind of payment settlement is cross-border, the entire process will be more cumbersome and the cost will be higher. If the blockchain payment system is used, for example, a transaction occurs on the Pi software and Pi is used for payment, companies, merchants, The transfer of Pi between individuals is almost instantaneous without going through more intermediate platforms, which is unimaginable for traditional payment systems.