[news] May 12th reporting network in Beijing (Chinese network) recently, bitcoin prices soared, since 26, breaking the 60 day moving average of the daily chart a road or has more than 25% fluctuation rise directly to a high position. If from the beginning of the 4885 low point count, or even closer to 90%. Insiders estimate that the price of a single bitcoin recently exceeded 10000 is a high probability event.

In addition to bitcoin, the recent price surge continues to be the Wright dollar. In just 24 hours, the price has gone up by 19%. Like sitting on a rocket, the prices of these virtual currencies are jumping up and down, not only in the currency circle, but also a lot of money".

For the recent rise in bitcoin prices at home and abroad reasons, analysts believe that the most important thing is to lead the yen price bitcoin market prices exceeded 10000 yuan, driven by the domestic currency market price trend. At the time this month at the beginning of the month, Japan decided the bitcoin identified as legal tender, resulting in some businesses in Japan began to try digital currency. At present, the yen trading dominates the bitcoin market, accounting for about 35% of the global market.

In addition, from the international news, May 1 Japan bitcoin trading platform Bitfinex prices exceeded 10 thousand yuan is the direct cause of the U.S. Securities and Exchange Commission (SEC) decided to review the Winklevoss brothers put bitcoin ETF matters. The price increase is also hoped that the audit will pass at one fell swoop. Bitcoin international market began to contrast bitcoin ETF, through the approval of the U.S. regulatory authorities renewed hope.

So where is the virtual currency after this madness?

1., the virtual currency will continue to develop for a long time. The virtual currency, high safety, can not be issued, and can not identify the user identity information and other characteristics in the process of Sino foreign trading, resulting in a considerable part of the people with crazy pursuit for virtual currency, virtual currency can be to promote long-term and sustainable development.

2., the virtual currency will be more involved in the future. The existence of virtual money is valuable as long as someone recognizes and uses virtual money. In Japan, for example, if bitcoin payment methods are recognized, then the corresponding application of the virtual currency led by bitcoin will become more and more widespread.

BUILT TO LAST chairman John Joseph Foley presents the new concept of virtual currency applications

BUILTTOLAST was incorporated in HasonProfitsFinance, Australia, in May 2015. The company's founder is an Australian with an Asian background. John Joseph Foley, chairman of the company, has over 30 years of experience in the gold mining industry. She has served as a guest speaker at the World Gold Council in New York, and has served as director of the Australian gold Association for 8 years. Current director of overseas Chinese video precious metals resources Co., Ltd., vice chairman.

Foley proposed bold vision, smart wearable devices can be combined with block chain applications, forming a large body of data business applications. As long as users buy smart wearable devices combined with block chain applications, can maintain a certain amount of exercise every day so as to be confirmed by the blockchain after application access to encrypted digital currency reward, breaking the previous high stress by computer to get digital currency in the form of exercise in the form of authentication into the body.

It is easy to see that block chain technology can achieve almost barrier free value exchange, and artificial intelligence has the ability to analyze massive data at a high speed. The integration of the two will produce a completely new model. If you can share human data to digital money, block chain built new applications, wearing a new generation of smart devices, it is almost a kind of exciting new experience.

Looking forward to a new generation of smart wearable devices, you can share human data to digital money blocks, chains built new applications, so that early realization of human-computer intelligence.