Daily View | Tuesday November 23

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	2,249,260,000	26.27%	1,218,502,015.22	61,158

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

【Quotes】

Trading pair	24 hours high	24 hours low	24-hour trading volume
LAT/USDT	0.3180	0.2305	32,678,751
BTC/USDT	59485.00	55600.00	14,222
ETH/USDT	4320.00	4022.40	156,628

Data source: Huobi Exchange

【10 days node data】

2021	Active	Candidate	Exiting	Exited
November 23	201	16	7	118
November 22	201	16	7	118
November 21	201	16	7	118
November 20	201	15	8	117
November 19	201	16	7	117
November 18	201	16	7	117
November 17	201	15	7	117
November 16	201	15	7	117
November 15	201	14	7	117
November 14	201	14	7	117

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

【Industry News】

Royal Bank of Canada: Blockchain technology has been developed enough to meet some of the needs of the financial market

Golden Finance reported that according to a research report by the Royal Bank of Canada (RBC), blockchain technology has been developed enough to meet the key needs of certain parts of the banking and financial markets. The bank believes that the asset-backed securities (ABS) market, including mortgage-backed securities (MBS), is likely to be disrupted by blockchain. These types of securities bring together assets such as mortgages, auto loans, student loans, credit card receivables, and equipment leasing. The report stated that one of the most important advancements in blockchain technology is the transformation of the “consensus mechanism” from an energy-intensive proof of work to a more energy-efficient equity proof mechanism. The acceptance of a universe composed of multiple “interoperable blockchain protocols” has also led to the development of more specialized blockchains, which have brought greater scale and speed, as well as greater flexibility and Autonomy. The report added that given the pace of development of blockchain technology and how it does not fully comply with existing legal and regulatory definitions, “the regulatory landscape is very unstable.”

Financial institutions play an active role in accelerating the construction of a diversified carbon financial system

The participation of financial institutions can promote the design and innovation of carbon financial products, provide financial services, invigorate the market, and strengthen the building of risk control capabilities.
Financial institutions are not only the designers and providers of various financial derivative products, but also the intermediary service providers of carbon finance activities, and they are also an important bridge connecting the primary and secondary markets of carbon finance. The financial advantage of financial institutions can effectively improve the liquidity of the carbon financial market and strengthen the price discovery in the carbon market. In addition, institutions such as registration platforms and settlement and payment platforms can provide basic services for carbon trading entities and smoothly advance the transaction process. The addition of other financial institutions, including consulting agencies, credit rating agencies, and certification agencies, can also help stabilize the carbon trading market, improve risk hedging capabilities, and reduce credit risk, operational risk, and market risk.