ABOUT S BLOCK

Since the advent of bitcoin, the digital asset industry has developed rapidly due to the emergence of blockchain technology, . With the ever-growing varieties and influence of digital assets, financial services centered around digital asset trading and management have permeated every sector of our society. However, due to the closed nature of major public chains, the myriad of complex trading and exchanging procedures renders asset liquidity low. This inflates the cost of transactions which in turn, results in higher risks and lower profit margins.

Another problem observed is the lack of consensus among different types of tokens that arises from the anonymous nature of the blockchain network and the disengagement among the nodes. As a result, a decentralized trust system cannot be established across different networks and systems, which further restricts real-life applications of digital assets in the financial sector. For the time being, the application of digital assets is limited to speculation, and is unable to expand into other areas on a significant scale. The inextricable dilemma between aspects of risk aversion and low liquidity limits the potential of digital currencies in being universally accepted as a financial instrument.

In the long run, S BLOCK aspires to become an integrated super-community that incorporates all major decentralized autonomous communities, providing highly convenient and secure encrypted transaction network. Leveraging on the Wormhole Protocol and the two Interstellar contracts, S BLOCK aims to build bridges of trust between traditional financial services and decentralized communities, amplifying the values of certain subject matters. Consequently, S BLOCK aims to upgrade and perfect the decentralized financial ecosystem.

In terms of operations, starting with the multi-currency on-chain wallet, S BLOCK will support multiple functions on the multi-currency wallet to appeal to a broader audience while honoring the principle of decentralization. In the meantime, years of experience in financial services and invaluable resources, coupled with advanced technology, enable the Interstellar contracts to forge strong partnerships and make mutual gains possible. “More extensive and inclusive” is the ultimate pursuit of cross-chain technology.

In the long run, S BLOCK aspires to become an integrated super-community that incorporates all major decentralized autonomous communities, providing highly convenient and secure encrypted transaction network. Leveraging on the Wormhole Protocol and the two Interstellar contracts, S BLOCK aims to build bridges of trust between traditional financial services and decentralized communities, amplifying the values of certain subject matters. Consequently, S BLOCK aims to upgrade and perfect the decentralized financial ecosystem.

In terms of operations, starting with the multi-currency on-chain wallet, S BLOCK will support multiple functions on the multi-currency wallet to appeal to a broader audience while honoring the principle of decentralization. In the meantime, years of experience in financial services and invaluable resources, coupled with advanced technology, enable the Interstellar contracts to forge strong partnerships and make mutual gains possible. “More extensive and inclusive” is the ultimate pursuit of cross-chain technology.

CORE CONCEPTS

Since the advent of Bitcoin, the most successful commercial application is the trading of digital currencies. Yet, ironically, all cryptocurrency exchanges rely on a centralized authority. Therefore, a decentralized exchange is what every autonomous community is yearning for, which is made possible with the development of cross-chain technology.

On the journey to achieve freedom, the intrinsic flaws of a central authority are exposed. Blockchain technology thus arises at this historic moment of need, and along with it, autonomous communities. However, due to a lack of consensus, blockchain technology is unable to be implemented on a deeper level. In different communities, even if members of the community share common languages, they nonetheless hold onto a different set of ideals and values. Despite these differences, S BLOCK believes that communications among communities can be facilitated without attaining full value consensus. Following the thread, the Wormhole Protocol bridges across different chains, and incorporates true believers of the concept of decentralization, leading them into the way of the future.

In terms of commercial services, S BLOCK is the living embodiment of a successful implementation of its concept. Enriching the means of asset appreciation is a fast track to realizing financial independence. Market fluctuations may present opportunities, but to most people, they are associated with more risks. S BLOCK is able to circulate digital currencies through the Interstellar Contract in various scenarios, so as to resolve the problem of risk aggregation.

S BLOCK believes that true cyber freedom arises from the guarantee of privacy and information security. In other words, only when one’s assets flow according to one’s will, and are kept in a secured location, can one attain true cyber freedom. The blockchain technology is not disruptive for the sake of subverting traditions. Apart from setting assets free, it needs to offer a more personalized touch. S BLOCK provides anonymous decentralized financial services to everyone, such that modern finances are no longer instruments of wealth accumulation for the privileged, but also the key to financial independence for every common person.

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