Supported by ecological components, distributed technology improves the underlying logic of PACIFIC

 

At present, the products launched by many trading platforms around the world have not been effectively innovated, there are still many problems existing in the original products, and they cannot meet the needs and expectations of users for the products. The trading platform should learn from the advantages of the traditional financial trading market, carry out financial innovation on this basis, overcome the pain points of the original trading platform, and provide the best product experience service for the users of blockchain asset trading.

The introduction of blockchain technology into the innovative application of supply chain finance allows us to see the quality and gold content of data assetization.

 

New products, new formats and new models promote new development

At present, high-tech revolutions and industrial transformations are emerging around the world, new technologies in multiple fields are intertwined and integrated, new products, new formats, new models and emerging industries are constantly emerging, and many traditional industrial structures are also facing reshaping. With the development and transformation of the economic structure, the financial needs of my country's real enterprises are also increasing, and the scale of the supply chain financial market is also expanding, with broad development prospects.

According to data from PricewaterhouseCoopers and Yiou Think Tank, the compound annual growth rate of my country's supply chain finance market will reach 5.2% from 2019 to 2025. By 2025, the market size will reach 20 trillion yuan, showing a good growth trend. .

 

Distributed technology supports development

The distributed file system is the basis of data storage management in the Pacific trading platform system. It is a highly fault-tolerant system that detects and responds to hardware failures.

The system mainly has the following roles:

(1) client: split files, access distributed file systems, obtain file location information, interact with DataNode, read and write data.

(2) DataNode: slave node, which stores the actual data and reports the storage information to the namenode.

(3) Secondary namenode: auxiliary namenode, sharing its workload: regularly merge fsimage and fsedits, push to namenode; in emergency and auxiliary recovery namenode, but it is not a hot backup of namenode

 

PACIFIC Digital Asset Ecosystem Empowers Digital Development

The Pacific trading platform PACIFIC applies blockchain technology as the underlying technical support to the platform, and its digital asset ecosystem is gradually taking shape, and the digital asset ecosystem has more vitality.

A distributed computing framework is a computing model for processing large amounts of data. Among them, map performs the specified operation on the independent elements on the dataset, and generates an intermediate in the form of key-value pairs, and reduce reduces all the values ​​of the same key in the intermediate result to obtain the final result.

Distributed column-store database is a scalable, highly reliable, high-performance, distributed and column-oriented dynamic schema database for structured data. Different from the traditional relational database, the distributed column storage database adopts the bigtable data model: the sparse sorting mapping table (key/value) is enhanced.

 

Various ecological components promote the development of digital assets

In the digital asset ecology of the Pacific platform, all blockchain applications operate independently of each other, but are related to each other. When using the platform, users can avoid tedious operation steps, switch back and forth easily, improve use efficiency, and bring users a high-quality experience. In the process of trading on the Pacific Trading Platform, users can control the private key of the wallet, which is encrypted and protected on the basis of decentralized blockchain technology, so every transaction can be guaranteed. At the same time, the platform will provide multiple encryption technologies, with verification codes, fingerprints, facial recognition and other verification methods, to escort users' asset transactions and comprehensively protect users' digital assets.

 

Epilogue

In 2022, driven by new models and product innovation waves such as DeFi, NFT, Metaverse, and Gamefi, traditional centralized trading platforms have been challenged, and global users have put forward new demands for financial production relations, "value decentralization" The concept of is deeply rooted in the hearts of the people, and it has also created a new wave of digital asset trading platforms.