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DGC emerged the,Oriental power created the blockchain “dragon” era

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The first half of 2021 can be said to be two extremes for the blockchain industry. The hot market at the beginning of the year, the brakes in the middle of the year. The plummet hit in mid-May. Traditional mainstream coins such as BTC and ETH, as well as traffic star coins such as DOGE and SHIB, are still bleak to this day. Blockchain is an epic revolution of the relay Internet. This great wave will not be reversed. When the industry is dimmed, there will always be new forces to break out of the cocoon and lead the times. And this time the breaker was named DGC.

DRAGON CHAIN ​​(DGC) is a global public chain jointly created by a group of Chinese technical geeks who love and admire the Oriental Dragon culture. DGC is a digital application token issued based on DRAGON CHAIN, which is an exclusive digital currency for Chinese with Oriental Dragon Culture as its gene.

The slogan of DGC is very loud. DGC wants to build the greatest Chinese exclusive digital currency in the blockchain era, inherit and promote the culture of Oriental Dragon, and provide a more ideal cultural bridge and a spiritual mascot with more consensus strength for the global Chinese. Let every “descendant of the dragon” in the world have more than one DGC!

Such a vision can easily resonate with the global Chinese community. The DGC has not yet officially launched, and it has quickly become popular among Chinese digital currency players in Europe, America, Southeast Asia, East Asia, and Arabia.

In addition to the above reasons, there are many profound background factors behind the rapid rise of DGC:

First of all, under the oppression of the epidemic, the global political economy is reshuffled in an all-round way. The contest between the East and the West, represented by China and the United States, is becoming more and more fierce. The pressure of racial discrimination and regional discrimination is outright. Just as the Chinese often say “where there is oppression, there is resistance”, the Asian discrimination in Western society has created a consensus of unity among Chinese in overseas regions. This spiritual force extends to the blockchain field, and DGC is born. . Prior to Dragon Coin, mainstream currencies such as Bitcoin and Ethereum were dominated by Westerners. After DCG, this history will be ended, and the era of the blockchain’s dragon is about to come. From this perspective, DGC is more than just a digital currency. It represents Eastern power and the spiritual mascot of the global Chinese in the new era. It is behind the global Chinese challenging the Western hegemonic order and realizing personality culture. A strong desire for equality and a historical mission.

Secondly, at the current stage of blockchain development, various underlying protocol projects such as EOS, NEO, ArcBlock, etc. are iteratively generated on the basis of ETH. There is a certain gap with the blockchain 3.0 standard, not to mention it. Blockchain 4.0. Most of the teams that carry out blockchain landing business are limited by the performance, scope and stability of the underlying protocol. As the underlying protocol continues to change, more than 98% of the projects will be eliminated by the times, and the industry needs new changes. And navigator.

In addition, the unique design mechanism of DGC itself is also an important factor favored by digital miners. Compared with traditional mining methods that are very energy-intensive, DGC’s digital mining is more low-carbon and environmentally friendly. After 63 times of solitaire mining, the burst output of a block means that it needs to be verified by a consensus of 63 people. , Mining the ore blocks with the lowest energy consumption method and hardware resource cost, completely achieving zero pollution, in line with the global “carbon neutral” trend. Moreover, DGC upholds the humanistic spirit of the blockchain and rewards most of the energy costs and hardware costs saved in the mining process to miners, thereby accelerating the establishment of DGC’s global consensus and the improvement of overall value.

The combustion mechanism of DGC is also unique. According to the smart contract regulations, in the DGC mining process, digital miners need to take out 30% of the revenue to purchase the equivalent value of DGC to directly burn and destroy, the purpose is to accelerate the currency deflation of the entire DGC and the global area The spread of consensus. Continuous combustion will create the continuous deflation of DGC. Under the premise of a constant quantity, the continuous decrease in circulation is like the decrease in the production of BTC, forming the underlying logic for the continuous rise of currency prices. It is reported that the ultimate goal of DGC is to burn and destroy deflation from 100 billion to 1.5 billion!

In this regard, the initiators of the DGC and the digital currency miners are full of confidence. They believe that in the face of the strong consensus of about 1.5 billion Chinese around the world, any difficulty will become small, and no matter how big the goal is, it will become easy!

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The “ Finest Cultural Gifts from China ” Cultural and Tourism Trade Promotion Activity (Intangible Cultural Heritage and Time-Honored Brands Special ) was held in Kaifeng.

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On October 31, the Finest Gifts from ChinaCultural and Tourism Trade Promotion Activity (Intangible Cultural Heritage and Time-Honored Brands Special Session) was held in Kaifeng, Henan. The event adopted an integrated online and offline format, combining exhibition, performance, sales, and interactive experiences. Through domestic and international platforms, it featured live broadcasts with images and videos, reaching a total audience of nearly 900,000, including 510,000 overseas viewers.

Photo courtesy of the event organizer.

The event was hosted by the Culture and Tourism Department of Henan Province and organized by the National Cultural Export Base, Cultural, Technological and Innovation Park, Administration of Kaifeng Area of China (Henan) Pilot Free Trade Zone, the Culture, Radio, Television and Tourism Bureau of Kaifeng , the Kaifeng Municipal Bureau of Commerce, China Tourism News, and CCMG Cultural Creative Development Co., Ltd.(Beijing), with support from the National Base for International Cultural Trade Cooperation Alliance.

The event focused on showcasing and promoting a selection of high-quality intangible cultural heritage and time-honored brand products and services that embody the essence of Eastern aesthetics, integrate modern design concepts, and meet international market demand. It also introduced inbound tourism routes and consumption services featuring intangible cultural heritage and time-honored brands to global audiences , vividly telling Chinese stories, demonstrating Chinese craftsmanship, and sharing Chinese lifestyle aesthetics. The event aimed to promote the high quality development of international cultural trade, strengthen cultural trade platforms, and advance the globalization of China’s cultural industry.

A total of 306 enterprises submitted products, services, and tourism routes for participation. Among them, 161 representative projects with both profound cultural heritage and strong international market potential were carefully selected and compiled into a promotional handbook.

Additionally, a Song Dynasty Elegance” lifestyle market was set up, recreating scenes of Song-style aesthetic living through an integrated model of exhibition, performance, sales, and interactive experiences. Intangible cultural heritage and time-honored brands from 26 provinces across China participated, with a total of 256 booths, fully demonstrating the market appeal of heritage brands and the broad scope of cultural exchange.

“Song Dynasty Elegance” Lifestyle Market – Photo courtesy of the organizer

At the event, six intangible cultural heritage and time-honored brand enterprises conducted product roadshows, showcasing items such as Henan’s century-old Baiji Peanut Cake, Ningxia’s intangible heritage hemp weaving, and Beijing’s Kalim Tea. Three related organizations promoted inbound tourism routes, including Kaifeng-themed intangible cultural heritage tours and the Jianye Movie Town itinerary.

During the discussion session, four industry experts focused on key topics such as intangible cultural heritage preservation and innovation, cultural export strategies, and legal risk prevention. They provided in-depth insights combining theoretical perspectives with practical value, laying a solid foundation for the healthy development of cultural and tourism trade.

Promotion of Henan’s Century-Old Baiji Peanut Cake. Photo courtesy of the organizer.

Promotion of Ningxia Intangible Heritage Hemp Weaving – Photo courtesy of the organizer

Henan Weiqi Promotion – Photo courtesy of the organizer

Promotion of Kaifeng Inbound Tourism Intangible Cultural Heritage-Themed Routes Photo courtesy of the organizer.

Nearly 300 participants attended the event, including officials from cultural, tourism, and commerce departments across more than 20 provinces (autonomous regions and municipalities), representatives from intangible cultural heritage and time-honored brand enterprises, cultural trade companies, as well as experts, scholars, and media personnel.

Event Site – Photo courtesy of the organizer

The “Finest Gifts from China Cultural and Tourism Trade Promotion Activity integrates domestic and international, online and offline resources to showcase, promote, and trade a selection of high-quality cultural and tourism products with distinctive Chinese characteristics and style that are popular in international markets. The event provides a platform for exchanges and cooperation between Chinese and foreign enterprises, promoting the expansion and optimization of cultural trade, while enhancing the international competitiveness and recognition of Chinese companies and brands.

Prior to this, the Finest Gifts from China Cultural and Tourism Trade Promotion Activity has held 15 special sessions, with growing attention and participation both domestically and internationally, steadily advancing the development of cultural trade.

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CGTN: How China, ROK leaders open new prospects for ties at Gyeongju meeting

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Following a face-to-face meeting between Chinese President Xi Jinping and ROK President Lee Jae-myung in Gyeongju, CGTN published an article highlighting how head-of-state diplomacy sets a new course for China–ROK relations and how the two countries can strengthen strategic communication, deepen cooperation, and promote mutual understanding for the benefits of both peoples and regional peace and development.

Just after dawn in Jeju, the Republic of Korea (ROK), crates of fresh produce are loaded onto a vessel bound for Qingdao in east China.

Launched on October 16, the Qingdao-Jeju container line is Jeju’s first regular international shipping route. Thanks to this route, a journey that once took two weeks can now be completed overnight.

More than just a faster trade link, it signifies a renewed rhythm in China-ROK cooperation. Two weeks later, on November 1, that momentum found its political echo when Chinese President Xi Jinping and ROK President Lee Jae-myung met in Gyeongju, ROK, to chart the next stage of bilateral ties.

At the meeting, President Xi described China and the ROK as “important close neighbors that cannot be moved away and cooperation partners that cannot be separated.” He stressed that “promoting the sound and steady development of China-ROK relations is always a right choice that serves the fundamental interests of the two peoples and conforms to the trend of the times.” Xi’s words set the tone for a relationship that, though tested by changes, continues to move forward with mutual respect and mutual benefit.

‘Important close neighbors that cannot be moved away

During the meeting, President Xi called for strengthening strategic communication and consolidating the foundation of mutual trust, urging both sides to respect each other’s social systems and development paths while properly handling differences through friendly consultations. He also emphasized joint efforts to uphold true multilateralism and promote a fairer global governance system.

High-level exchanges have warmed up in recent months. In August, President Lee sent a special delegation led by former National Assembly Speaker Park Byeong-seug to China for a four-day visit, carrying a personal letter from the ROK president with a clear message: to put bilateral relations back on a stable and constructive track. In September, National Assembly Speaker Woo Won-shik attended events marking the 80th anniversary of the victory of the Chinese People’s War of Resistance Against Japanese Aggression and the World Anti-Fascist War in Beijing, followed by Foreign Minister Cho Hyun’s first official visit in his current role, signaling Seoul’s commitment to dialogue and renewed trust.

Niu Xiaoping, assistant research fellow at the Shanghai Institutes for International Studies, sees the Gyeongju meeting as more than a routine encounter. Niu said President Xi’s visit played “a bridging and guiding role,” helping China and the ROK “recalibrate and define a new positioning” for their partnership.

‘Cooperation partners that cannot be separated’

Economic ties have long been the backbone of the relationship. China has been the ROK’s largest trading partner for 21 consecutive years, while the ROK has regained its position as China’s second-largest trading partner. In 2024, bilateral trade reached $328.08 billion, up 5.6 percent year on year.

President Xi called for accelerating the second phase of the China-ROK Free Trade Agreement and tapping the cooperation potential in emerging fields such as AI, biomedicine, green industries and the silver economy.

“To help one’s neighbor succeed is to help oneself,” said Xi. Lee, for his part, stressed that economic cooperation between the two countries is “vital and indispensable” when answering a question from a CMG reporter.

President Xi also highlighted the importance of better communicating with the media and the general public, sending more positive messages and checking tendencies that may harm the relationship.

This emphasis on public perception has found concrete expression in people-to-people exchanges. Since China introduced visa-free entry for ROK visitors last November, and the ROK followed with a temporary visa exemption for Chinese group tourists this fall, travel between the two nations has surged. People from the ROK made near 2 million trips to China from January to August this year, a 40-percent increase year on year.

https://news.cgtn.com/news/2025-11-01/How-China-ROK-leaders-open-new-prospects-for-ties-at-Gyeongju-meeting-1HWZZsLEXh6/p.html

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Press Release

CGTN: How China, ROK leaders open new prospects for ties at Gyeongju meeting

Published

on

Following a face-to-face meeting between Chinese President Xi Jinping and ROK President Lee Jae-myung in Gyeongju, CGTN published an article highlighting how head-of-state diplomacy sets a new course for China–ROK relations and how the two countries can strengthen strategic communication, deepen cooperation, and promote mutual understanding for the benefits of both peoples and regional peace and development.

Just after dawn in Jeju, the Republic of Korea (ROK), crates of fresh produce are loaded onto a vessel bound for Qingdao in east China.

Launched on October 16, the Qingdao-Jeju container line is Jeju’s first regular international shipping route. Thanks to this route, a journey that once took two weeks can now be completed overnight.

More than just a faster trade link, it signifies a renewed rhythm in China-ROK cooperation. Two weeks later, on November 1, that momentum found its political echo when Chinese President Xi Jinping and ROK President Lee Jae-myung met in Gyeongju, ROK, to chart the next stage of bilateral ties.

At the meeting, President Xi described China and the ROK as “important close neighbors that cannot be moved away and cooperation partners that cannot be separated.” He stressed that “promoting the sound and steady development of China-ROK relations is always a right choice that serves the fundamental interests of the two peoples and conforms to the trend of the times.” Xi’s words set the tone for a relationship that, though tested by changes, continues to move forward with mutual respect and mutual benefit.

‘Important close neighbors that cannot be moved away

During the meeting, President Xi called for strengthening strategic communication and consolidating the foundation of mutual trust, urging both sides to respect each other’s social systems and development paths while properly handling differences through friendly consultations. He also emphasized joint efforts to uphold true multilateralism and promote a fairer global governance system.

High-level exchanges have warmed up in recent months. In August, President Lee sent a special delegation led by former National Assembly Speaker Park Byeong-seug to China for a four-day visit, carrying a personal letter from the ROK president with a clear message: to put bilateral relations back on a stable and constructive track. In September, National Assembly Speaker Woo Won-shik attended events marking the 80th anniversary of the victory of the Chinese People’s War of Resistance Against Japanese Aggression and the World Anti-Fascist War in Beijing, followed by Foreign Minister Cho Hyun’s first official visit in his current role, signaling Seoul’s commitment to dialogue and renewed trust.

Niu Xiaoping, assistant research fellow at the Shanghai Institutes for International Studies, sees the Gyeongju meeting as more than a routine encounter. Niu said President Xi’s visit played “a bridging and guiding role,” helping China and the ROK “recalibrate and define a new positioning” for their partnership.

‘Cooperation partners that cannot be separated’

Economic ties have long been the backbone of the relationship. China has been the ROK’s largest trading partner for 21 consecutive years, while the ROK has regained its position as China’s second-largest trading partner. In 2024, bilateral trade reached $328.08 billion, up 5.6 percent year on year.

President Xi called for accelerating the second phase of the China-ROK Free Trade Agreement and tapping the cooperation potential in emerging fields such as AI, biomedicine, green industries and the silver economy.

“To help one’s neighbor succeed is to help oneself,” said Xi. Lee, for his part, stressed that economic cooperation between the two countries is “vital and indispensable” when answering a question from a CMG reporter.

President Xi also highlighted the importance of better communicating with the media and the general public, sending more positive messages and checking tendencies that may harm the relationship.

This emphasis on public perception has found concrete expression in people-to-people exchanges. Since China introduced visa-free entry for ROK visitors last November, and the ROK followed with a temporary visa exemption for Chinese group tourists this fall, travel between the two nations has surged. People from the ROK made near 2 million trips to China from January to August this year, a 40-percent increase year on year.

https://news.cgtn.com/news/2025-11-01/How-China-ROK-leaders-open-new-prospects-for-ties-at-Gyeongju-meeting-1HWZZsLEXh6/p.html

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

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