Daily View | Wednesday November 24

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	2,250,070,000	26.28%	1,219,196,329.98	61,286

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

【Quotes】

Trading pair	24 hours high	24 hours low	24-hour trading volume
LAT/USDT	0.2900	0.2200	61,042,197
BTC/USDT	59485.00	55600.00	14,222
ETH/USDT	4385.13	4060.36	152,815

Data source: Huobi Exchange

【10 days node data】

2021	Active	Candidate	Exiting	Exited
November 24	201	16	6	119
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

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

【Industry News】

The State Council: Support financial institutions to deepen the use of blockchain and other technical means to improve credit approval and risk management models

On November 22, the Office of the Leading Group of the State Council to Promote the Development of Small and Medium-sized Enterprises issued a notice on the issuance of several measures to enhance the competitiveness of small and medium-sized enterprises. It mentioned that credit support should be strengthened. In-depth implementation of the project to improve the financial service capabilities of small, medium and micro enterprises, support financial institutions to deepen the use of big data, artificial intelligence, blockchain and other technical means, improve credit approval and risk management models, and continue to increase the first loan, renewal, and credit loans of small and micro enterprises , The scale and intensity of medium and long-term loans. Give full play to the role of the intellectual property pledge information platform, implement the action of intellectual property pledge financing to enter the park to benefit enterprises, and enhance the financing ability of SMEs using intangible assets. We will deepen bank-burden cooperation, and continue to improve the loan risk sharing mechanism for small and micro enterprises by banks and guarantee agencies.

The NFT market will grow to around US$300 billion by 2030

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 enhance 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.