Day: April 29, 2021

With the development of blockchain technology, the pattern of the world economic order is constantly changing. DeFi and the new generation of Internet business represented by Filecoin are gradually becoming a hot topic. As the core concept of mining, the financialization of hash power has become an irreversible trend, and users’ demand for hash power financial platforms is also growing. Fido arises right at this historic moment. Fido is a DAPP logged in through the digital wallet, with the open and audited code. It functions as a decentralized hash power trading platform for Filecoin’s hash power sales. In Fido, users have complete digital asset ownership, the power to buy and sell, loan FIL, mobility mining and other rights. The highly transparent information disclosure enables...

In the Information Age, Data Becomes a New Factor of Productivity In economics, factors of production, also known as production inputs, are essential resources for the production of goods and services. In his epochal work “Principles of Economics”, famous British economist Marshall put forward the theory of four factors of production — land, labor, capital and entrepreneurial talent. National income (NI) is the reward of four factors, and that is, national income (NI) = labor wage (w) + land rent (r) + capital interest (i) + operating profit (π). This “four-in-one formula” sums up the core of western economic production theory and distribution theory, which has been widely accepted for more than a century. However, factors of production are a historical category that evolves with th...