Daily View | Tuesday October 26

The following content is organized and provided by PlatONWorld for the purpose of spreading more information and has nothing to do with PlatONWorld’s position. The content is from a third-party platform, and the accuracy, authenticity, completeness, validity, and real-time nature of the information are not guaranteed.

【LAT】

Total issuance	Circulation	Pledge rate	Total pledge	Number of addresses
10,250,000,000	1,061,710,000	26.51%	1,224,534,407.13	45,079

Data source: https://scan.platon.network/

【Quotes】

Trading pair	24 hours high	24 hours low	24-hour trading volume
LAT/USDT	0.1484	0.1425	4,149,944
BTC/USDT	63700.00	61637.49	9,979
ETH/USDT	4257.89	4105.32	108,463

Data source: Huobi Exchange

【10 days node data】

2021	Active	Candidate	Exiting	Exited
October 26	201	17	9	108
October 25	201	16	9	109
October 24	201	14	9	109
October 23	201	16	9	108
October 22	201	16	8	109
October 21	201	16	8	109
October 20	201	16	8	109
October 19	201	16	8	109
October 18	201	15	7	109
October 17	201	16	6	109

Data source: https://scan.platon.network/

【Industry News】

China’s blockchain patent applications rank first in the world

On October 25, the People’s Daily published an article “Let Blockchain Technology Play a Greater Role in Economic and Social Development”, emphasizing the importance of applying blockchain technology to banking, justice, agriculture and other fields. As of the latest, nearly 7,800 companies from nearly 5 countries and regions have participated in blockchain-related patent applications, with a total of approximately 55,000 patent applications. It is worth noting that China is currently the country with the largest number of patent applications in this field, with approximately 33,000 applications, accounting for approximately 63%. Followed by the United States and South Korea. In addition, among domestic companies, companies such as Ant Group, Ping An Group, and Tencent rank in the forefront of patent applications. At present, the patent layout of Chinese companies in the field of blockchain is mainly concentrated in related technical fields such as smart contracts, artificial intelligence, and transaction data processing.

National Bureau of Economic Research: Bitcoin is still concentrated in the hands of a few people

According to a study by the National Bureau of Economic Research (NBER), about one-third of bitcoins in circulation are controlled by the top 10,000 individual investors. Since the birth of Bitcoin, cryptocurrency enthusiasts have been thinking about who is the biggest owner of Bitcoin. Determining the concentration of ownership can be very difficult, because many of the largest addresses usually do not represent individuals, but exchanges and other entities that hold bitcoins for investors. However, by using data collection methods that distinguish between intermediaries and personal addresses, NBER researchers found that the former controlled approximately 5.5 million bitcoins at the end of last year, and the latter controlled approximately 8.5 million bitcoins. In addition, the top 1,000 individual investors control about 3 million, and the concentration may be even higher.