The company has accelerated the development of the system and strengthened its position in the cryptocurrency field in the first half of 2024.
MAIN CONTENT
Rapidly developing systems related to cryptocurrency with banking operation cooperation.
Strengthening market position in wallet hardware and payment acceptance devices.
Cooperation to promote cross-border payments with digital Renminbi and eSIM.
What results has the company achieved in cryptocurrency business in the first half of 2024?
According to reports from the online exchange with investors on 21/7/2024, Chu Tianlong – CEO of the company stated that the system related to cryptocurrency is growing rapidly and has delivered several platforms for bank operations. Although cryptocurrency revenue has increased, it still accounts for a low proportion compared to total income.
In-depth analysis shows that the company focuses on developing specialized digital solutions for the financial market by deploying hardware wallets, acceptance devices, and Token issuance, along with strong cooperation in cross-border payments using digital Renminbi.
In which specific areas is the company consolidating its strengths in the cryptocurrency market?
Chu Tianlong confirms that the company maintains and expands its strengths in the fields of cryptocurrency hardware wallets, payment issuance, and acceptance devices. These are the main sectors that help consolidate its reputation and competitive position in the market.
"Focusing on developing hardware devices and payment platforms helps us maintain a leading position while meeting the increasing demands of customers amid an expanding cryptocurrency market."
Chu Tianlong, CEO, 21/7/2024, online investor meeting
This shows a strategic focus on developing useful products and services, helping to increase reliability and user experience in the journey of securely transacting and storing Tokens.
What cooperation plans does the company have to leverage the current digital currency trend?
The company's representatives stated that they will cooperate with reputable partners to implement links in cross-border payments using digital Renminbi. They are also developing an eSIM management platform for network operators and a solution combining stablecoin with SIM for international payments with partner banks.
Leveraging opportunities from new regulations in Hong Kong helps the company expand its ability to provide digital financial services, promote international trade, and diversify convenient, secure payment solutions for corporate clients.
"We leverage the growth momentum of cryptocurrency and new regulations to enhance cross-border payment solutions, bringing practical value to partners and customers."
Chu Tianlong, CEO, 21/7/2024, online statement
What is the proportion of cryptocurrency demand and revenue in the company's total revenue?
Data shows that cryptocurrency revenue has increased compared to previous years, but still represents a small share of total revenue. This reflects an initial development phase but has significant growth potential as the company continues to expand its digital ecosystem.
Frequently Asked Questions
How quickly is the company developing its cryptocurrency system?
The company has developed quickly, delivering several platforms for bank operations in the first half of 2024, demonstrating professional technical capability and high reliability.
Which hardware wallets and payment devices is the company focusing on?
The company focuses on developing secure hardware wallets and Token issuance and acceptance terminals, helping to strengthen its position in the professional cryptocurrency market.
What are the company's plans for cross-border payments?
Cooperation with partners to develop cross-border payment solutions using digital Renminbi and implement integrated stablecoin solutions with eSIM for banks.
What percentage of total revenue does cryptocurrency revenue account for?
Cryptocurrency revenue has increased compared to previous years, but still accounts for a small proportion of the company's total revenue.
What role does the current cryptocurrency market play for the company?
The cryptocurrency market is seen as a strategic growth driver, supporting product diversification and expanding cross-border cooperation.
Source: https://tintucbitcoin.com/chu-tianlong-thanh-toan-xuyen-bien-gioi-on-dinh/
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