htc区块链手机用处在哪里,htc区块链手机用处在哪些方面

HTC 区块链手机可以说是未来的新兴产业，它的用处在于拓展区块链技术的应用，让人们能够更加安全、便捷地使用区块链技术，进而推动区块链技术的发展。今天，我们就来探讨一下HTC 区块链手机在哪些方面的拓展，以及它能够给我们带来什么样的好处。

1.安全性：

HTC 区块链手机能够提供极其安全的环境，它采用了最先进的加密技术，使用者的数据和交易信息都被加密，以保护用户的隐私安全，同时也保证了用户的资金安全。此外，HTC 区块链手机还具有可信认证的功能，能够有效的防止用户的身份被冒用。

2.便捷性：

HTC 区块链手机拥有非常便捷的操作方式，它可以让用户在手机上进行区块链的交易，可以实现跨境支付、智能合约等功能，使得用户能够更加便捷、快速地进行区块链的交易，而不用担心安全性问题。

3.分布式应用：

HTC 区块链手机还可以让用户使用分布式应用，这种应用不仅可以提供更多的功能，比如智能合约、去中心化交易等，而且还可以让用户更加便捷、安全地使用区块链技术，从而让区块链技术更加普及化。

总之，HTC 区块链手机在安全性、便捷性和分布式应用等方面都有着重要的用处，它能够为用户提供更加安全、便捷的体验，同时也推动了区块链技术的发展。

请查看相关英文文档

A. What is htc blockchain mobile phone and what is blockchain

Hello, blockchain is distributed data storage, point-to-point transmission, consensus mechanism, encryption New application models of computer technology such as algorithms. The so-called consensus mechanism is a mathematical algorithm that establishes trust and obtains rights and interests between different nodes in the blockchain system. Blockchain is an important concept of Bitcoin (from the Internet). Bitcoin is a type of virtual currency that has value-added benefits. Since Bitcoin is wealth, there will be the phenomenon of Bitcoin theft. The htc blockchain mobile phone is used as a wallet for virtual currencies such as Bitcoin. It has the function of security encryption and can also be used to trade virtual currencies such as Bitcoin. If you find it useful, please give it a thumbs up.

B. What is the difference between blockchain mobile phones and ordinary mobile phones?

Blockchain mobile phones have all the functions of ordinary mobile phones, but blockchain mobile phones also have many blockchain-related functions. Functions, such as security encryption, market monitoring and other functions. If you want to buy a blockchain phone, you can pay attention to the recent triangular phone, which is quite good

C. Why is HTC’s blockchain-powered phone called A risky bet

First of all, HTC blockchain mobile phone is a strategy from a marketing perspective. It is indeed a risky bet for the current sales of HTC mobile phones. Then I will discuss it from several aspects. To answer this question,

The principle of HTC blockchain mobile phone

HTC claims that Exos will become the "launching pad" of the blockchain network ecological chain, and the mobile phone will become a node for transactions between users , consider using it to start a new trend in the mobile phone market or blockchain.

Exos is positioned as a blockchain phone, and its "cold storage wallet" supports Bitcoin , major virtual currencies including Ethereum.

For blockchain mobile phones, the status of cold storage hardware is quite high, and it can add a double layer of protection to the wallet, because it means that Exos will be able to store users' virtual currencies offline.

Starting from blockchain technology, HTC executives once pointed out that Exos will be "the most secure hardware wallet." The phone also supports decentralized applications, but currently only the blockchain game "Mystery Cat" is in its support list. The company named the phone "Exos" and equipped it with a universal digital wallet and security Hardware to support cryptocurrencies and distributed applications.

From a marketing perspective, blockchain has been very popular recently. This decentralized model helps with the freedom of transactions. At this time, HTC proposed a blockchain phone, which undoubtedly took advantage of the blockchain. Hotspot, I want to use the concept of blockchain to change the current sluggish market situation for HTC. HTC blockchain mobile phone needs powerful hardware processing capabilities to meet the needs of virtual currency mining. It must have an eight-core processor, massive running memory and considerable capacity. Large batteries are essential.

From a policy perspective, nowThe supervision of blockchain in various regions around the world is relatively strict. If the policy does not allow it, then the risks that HTC blockchain mobile phones will bear will be very high.

To sum up, it can be said that HTC blockchain mobile phone is a risky bet, and there are many uncertainties about the later development and sales of HTC blockchain mobile phone.

D. How is the HTC blockchain phone different from ordinary phones?

This blockchain phone is called Exos, and the price is expected to be around US$1,000. In the future Consider giving your phone mining capabilities. The specific details of the mobile phone have not been announced yet. I think the difference from ordinary mobile phones is that one can mine and the other cannot.

Chairman Wang Xuehong came back to take charge of HTC’s business. Over the past few years, she has been seeking company transformation. At the previous shareholders’ meeting, Wang Xuehong said that HTC would fully sprint into technical fields such as VR, AR, 5G, AI and blockchain. , among which VR content leads the world and has taken the first step towards successful transformation. In this transformation strategy, blockchain mobile phones are also very important. The word Exos represents "Exodus", which means rebirth and will become the focus of HTC in the future.

Chen Xin, the executive in charge of HTC’s blockchain business, said in an interview with the media before his birthday that the HTC Exos mobile phone is expected to be released before the end of this year and will become the world’s first electronic wallet that supports blockchain. The smartphone supports the two core functions of e-wallet, Digital Scarcity and Data Provenace.

According to him, HTC’s purpose of making a blockchain phone is to protect copyright and user privacy. After using Exos phone, users can gain control over personal identification and digital content. This is also HTC’s choice for smart phones. The reason why mobile phones are used to expand the blockchain ecosystem is that after all, smartphones are one of the most private products today.

As for mobile mining, Chen Xinsheng said that HTC expects to launch cold storage technology that does not rely on the network in 12-15 months to further enhance the security of the Exos mobile e-wallet, and then consider mobile mining. .

Judging from Chen Xinsheng’s statement, HTC Exos mobile phone will use the decentralization, traceability and other characteristics of blockchain technology to protect user privacy and copyright, focusing on security, privacy and other selling points, then Exos mobile phone What's the price? HTC has not announced relevant content yet, but judging from the information mentioned in Chen Xinsheng’s interview, the Exos mobile phone is priced at around US$1,000, which is obviously aimed at the high-end market.

E. How to introduce blockchain in 3 minutes in a simple and easy-to-understand manner and what its commercial value will be in the future

There is a real story about an engineer from Ant Financial. I wrote a blind date resume, and the job description in it was "code farmer", but no one clicked it for a long time. Later, he put hisI changed my work experience to "blockchain" and received 381 love letters at once.

From workers in high-tech industries to square dancing aunties, it seems that everyone is participating in the blockchain carnival. So what exactly is the seemingly mysterious blockchain? After reading the following content, you will have completed the journey from beginner to beginner.

1. What is blockchain?

To put it bluntly, the blockchain is "everyone keeps accounts together." Any database needs a big housekeeper to be responsible for "accounting" (maintaining the system and entering data). But after using blockchain technology, the concept of this "central steward" disappears, and each of us can participate in accounting. So the question is, whose record will ultimately prevail? Of course, it is the person who completes the work well and quickly. A system that strictly adheres to fairness will select this person based on the algorithm, write the contents of his records into the ledger, and send the contents of the ledger during this period to everyone in the system. of others to perform backups.

2. What is so powerful about blockchain technology?

Any new thing must have unique advantages if it wants to develop rapidly, and the same is true for blockchain technology. First of all, blockchain technology ensures the security of the system. In the absence of a central steward, everyone is a defender of the home, which means that destroying some nodes has no impact on the system at all. Second, the recording process cannot be cheated. Everyone in the blockchain system has the same ledger, and the entire process is open and transparent. The system will determine the final result based on the opinions of the majority. It is difficult for an individual to hack into so many computers at the same time, and it is meaningless to just modify one's own results. Who would do such a thankless task? Third, and most importantly, the blockchain completely abandons the existence of "credit intermediaries". Credit intermediaries are the platforms we must pass through when transferring money, such as traditional banks. Now any two strangers can directly complete mutual trust transfers, and the efficiency has been improved not only a little!

3. What is the use of blockchain technology? ?

As mentioned earlier, the main advantages of blockchain are that it does not require intermediary participation, the process is efficient and transparent, the cost is very low, and the data is highly secure. That is to say, any industry that has needs in these three aspects can use blockchain technology. Here are a few examples:

In the banking industry, the use of blockchain technology is equivalent to updating a digital, secure and tamper-proof general ledger. In fact, Swiss bank UBS and Barclays Bank in the UK have already begun experiments, hoping to use it as a way to accelerate back-end system functions and clearing and settlement capabilities. Some institutions in the banking industry claim that blockchain may reduce middleman costs by 20 billion.

In terms of car rental, blockchain also has great potential. A future customer selects the car they want to lease, entering it into the blockchain's public ledger; then, sitting in the driver's seat, the customer signs the lease agreement and insurance policy, while the blockchain updates the information simultaneously. This is a foreseeable future for car sales and car registrations.

In terms of medical and health care, blockchain technology allows hospitals, patients and all parties in the medical benefit chain to share data in the blockchain network, and Don’t worry about data security and integrity. This means more accurate diagnosis, more effective treatment, and an improvement in the health system’s overall ability to deliver cost-effective care.

Blockchain is not cold-blooded. It has been implemented in applications that are closely related to our lives. For example, the application of Ant blockchain ranges from public welfare, to mutual insurance, to traceability of product authenticity, to traceability of rental housing.

In 2018, blockchain will "return to the world."

Blockchain, do you really understand it? Since it says three minutes, let’s give a simple answer.

1. What is blockchain;

2. What are the benefits of blockchain;

3. What are the uses of blockchain;

4. Blockchain technology and existing problems;

Let’s first look at the first question: What is blockchain

Let’s look at it literally. Blockchain is called Blockchain in English. This is a very good word. The English name is well chosen and the Chinese translation is also very beautiful.

1. What is a "block"?

You can think of it as a record, or anything, which forms such a record during the production stage. This thing can be any physical or virtual object in the Internet of Everything.

For example, if you generate a Bitcoin, which is a thing, it actually corresponds to a block. This block is a record of what it is.

When you produce a bottle of medicine in the future, a block is actually generated when the bottle of medicine is produced. When it leaves the factory, itTo make a record, this corresponds to it one-to-one.

This is the first dimension.

To make it easier to understand, for example, each of us is born with a unique identifier, which is our DNA. All species in the world have different DNA. Every individual's DNA is different.

Your parents can name you Zhang San, Li Si, Wang Wu. These names can be repeated, just like a bottle of medicine, whether it is aspirin or penicillin, these can also be repeated. Famous. However, human DNA is different. Even if you have identical brothers and sisters, your DNA is different, so this is your unique identifier. And once your DNA is formed, it cannot be changed. This is a benefit of the blockchain.

2. What is a "chain"? The chain is actually a process. You can think of it as a transaction process. After this bottle of medicine leaves the factory, it enters the warehouse from the workshop and passes through a certain door, and it will record the process.

Of course, this requires automatic computer recording, and the cost of human recording is too high. Then, packing is a process, and transportation to the cargo transfer station is another process. Then it is loaded into a car and transported to the wholesale station, which is the next process.

Every step of the process is recorded. It is a process to go from the wholesale station to the store, it is another process for the people in the store to receive this batch of medicines and put them on the shelves, and it is still a process for you to buy them. Finally, when the whole process is connected, you will have a way to track the entire process of this bottle of medicine and know its authenticity, because once this bottle of medicine is produced, it will be bound to the blockchain, as well as to people and people. The same is true for DNA binding, which cannot be changed, but it can be seen and tested.

The doctor can also determine whether this person is you by testing DNA. So in terms of nature, if we virtualize it, it is actually a smart contract. You have signed a sales relationship with one of your customers. Once this happens, it cannot be changed. Then everyone can only execute it. This execution process is the same as the tracking of drugs I just talked about.

Second question: What are the benefits of blockchain?

1. Mathematically speaking, it is very beautiful. It changes from the past that you had to own something before you could know its properties to that you don’t own it, but you can ask questions Learned many details about it.

Mathematically speaking, this is a perfect asymmetric situation. You can tell whether it's true or false, but you can't change it.

2. Theoretically speaking, blockchain is very safe. For example, if you participate in the process of a bottle of medicine, others cannot see this information. When you buy this bottle of medicine, you can know where it comes from, but others cannot.

The same principle applies. For example, if we sign a contract, others can verify it.If you have a contract and you go to a bank for a loan, he can ask you the amount.

However, he cannot obtain this contract, and he cannot steal this contract from your computer.

Blockchain also has some very interesting properties. For example, a block chain can be divided into two at will, or several can be combined into one, etc.

3. Blockchain is transparent, which means that everyone abides by this algorithm and there is no special agreement in private. So, if you believe in this algorithm, it means you believe in me and believe that I didn't do anything fishy. I will not secretly do anything in the contract to make you suffer losses.

This is a beautiful place theoretically and mathematically.

In the third block, let’s take a look at the uses of blockchain

1. Bitcoin is a cryptocurrency, and the Ethereum currency that everyone uses now is also a cryptocurrency. Of course, you can make another one based on it, either Zhang three coins or Li four coins. As for whether it can replace the currency of the future, this is doubtful.

2. Financing, we used to divide financing into three stages: the first stage is to get a loan from the bank. If you want to open a restaurant, you need to mortgage something. The second stage is that you issue some stocks and I sell 10% of the stocks, so that I can obtain part of the funds.

The third stage is actually crowdfunding. For example, if I want to write a book, it may cost 50,000 yuan for the publishing house to publish it. If any of you can give me 50 yuan at the beginning, I will use it in the future. Once the book is written, give everyone a copy. You will get the book, and of course I will publish it. But there is a problem. For example, I sell this book for 100 yuan and you get it for 50 yuan. What if my book sells very well, assuming I sell 100,000 copies, but you don’t seem to benefit from me? what to do?

Is there a fairer way to measure everyone's contribution? One way is to issue a cryptocurrency (ICO). When the business we do becomes bigger in the future, you can benefit from it.

3. Smart contract, for example, sign a contract. In the future, the smart contract can become like this. All the nodes in the middle are determined when the contract is signed, such as building or decorating a house for you. , your payment must be given to me at any stage of the decoration. If you accept it, no problem, the payment will be automatically given to me.

You can even sign with my supplier, which means that as soon as my money arrives in my account, I will give it to my supplier immediately. This will save many triangular debt problems in the future, including the problem of arrears to migrant workers.

Blockchain can also be used for property registration, car registration, etc. Of course, another great use is gambling. In fact, gambling is the most willing to adopt new technologies because it is closely related to money.

FinishedThe benefits of blockchain, let’s take a look at the technology and existing problems of blockchain

Today’s blockchain is basically the second generation. The first generation is the Bitcoin generation, which has many The problem is, it's not a platform, it's actually a specific application.

The second generation is represented by Ethereum. It is a platform on which you can issue your own coins, and it removes the concept of mining machines, so its transaction costs will be much lower. . The reason why ICOs are everywhere today is because with Ethereum, you can issue coins. Unlike in the past with Bitcoin, you had to completely copy its formula and copy it again. Today you are on Ethereum. , it is easy to issue your own currency, just like you can easily make your App on the Android operating system today.

There are three problems with Bitcoin transactions

1. The transaction delay is very long. I have asked people who specialize in Bitcoin transactions and the delivery time ranges from two hours to two hours. Days wait, so it is very inconvenient for you to use it to launder money. After the RMB is converted into US dollars, it may fall by 20% in two days, and you will lose 20% of your money.

2. It cannot be distributed. Like Bitcoin, a few people in the early days took away a lot of its shares, so how to distribute it in the future is also a problem. No one understands it clearly, so it is difficult to use it as a currency. a currency. Because if it really becomes a currency that everyone uses, it will be equivalent to the first few people taking away a large part of the world's property.

3. Transaction costs are high. For example, a cup of coffee at Starbucks in the United States costs $2.50 on average. You usually pay money at the counter, and the transaction time is only one minute. If you want to use Bitcoin, you have to wait two hours before you can get your coffee, and the transaction costs are extremely high, the electricity bill alone is $20. In other words, if you pay $2.50 for coffee, the transaction cost of electricity is $20, so this is unrealistic.

Blockchain has high risks. This risk is not only a technical risk, but also a policy risk. In fact, this is also an opportunity. Whoever solves this problem will get the opportunity. Its transaction costs are also very high, so whoever can develop new underlying technologies and reduce this transaction cost will make a lot of profits in the future.

Some people say it is the next generation of the Internet. I don’t agree with this, but it will definitely be a supplement to the Internet. Some people say whether it can subvert the central bank, but this is not certain, because there is no reason why the central bank or these big banks cannot do this themselves, so those who expect it to subvert the central bank may be too happy too early.

Perhaps in the end it was these large financial institutions in the past that used the blockchain to update themselves.

Talk in the vernacular and get useful information!

Literally, blockchain is blocks and chains, and some relationship between them. Essentially a divisionDistributed accounting method and non-tamperable network database system.

The current development directions include digital currency, payment, smart contracts, defi finance, web3 and so on. It is still in the initial stage of development and is a back-end technology. Most projects are still speculating and financing.

Today’s Afghanistan may best prove the value of Bitcoin, and there is no problem with value storage

Blockchain is not just a technology, it is a way of trust transfer, value The way it is delivered may have huge potential in the future.

Keywords: block, chain, database, ledger, Afghanistan, currency speculation, value, technology, market

First, what is a blockchain? Blocks and chains are an accounting method and a form of network data storage.

Literally speaking, blockchain refers to blocks and chains. This block actually records the transaction records of the entire network, or the execution result data of smart contracts, etc.

Every once in a while, the entire network will produce a block. This block records all transfer data, and the blocks need to be connected by some kind of "chain".

This chain is an encryption algorithm. Some information of the previous block is used to calculate and obtain some information of the next block. They are linked together. The latter block can trace back to the previous block and needs to be modified. The next block has to modify the previous block, all the way to the first block. Regarding the details of these issues, I have written many articles before. If you are interested, you can go back and take a look.

Blockchain is actually an accounting method, or a database storage method. Please pay attention to what I say below. The whole process is the operating mechanism of blockchain.

Each node in the entire network has the same status and runs the same program. This program is used to collect, encapsulate and package all transaction record data records that occurred in the entire network within a period of time. Then broadcast it to the entire network

Let’s take Bitcoin as an example. Once this packaging and encapsulation is completed, you can obtain the right to produce the block. A certain amount of Bitcoin can be issued every time a block is produced. Since the nodes in the entire network run the same program, there is no center to control everyone. Therefore, the currency issued is irrevocable and cannot be changed.

How to decide who has the right to make a block? This requires the use of the so-called consensus mechanism, which is to establish a rule and use who produces the block as the benchmark to solve the problem of network consistency. The mainstream consensus mechanisms include POW mechanism and POS mechanism. Proof of work and proof of stake. Proof of work, who does more work, and proof of equity, who stakes more assets

Pow means that everyone calculates a difficult mathematical problem together, whoever calculates it Whoever comes out has the right to produce the block. Pos means that everyone takes out their own property as a mortgage, whoever mortgages more. It is possible to be selected as a block producing node.

The essence of this approach is that you have to pay a certain price and receive a certificate of investment, which essentially builds a kind of trust.

When all these tasks are completed, a block can be produced, and the block will be connected to the previous block one by one. This is the entire block sequence. Note that the entire blockchain world will produce many blocks, connected to one chain after another, but everyone only recognizes the longest chain, and short chains will be discarded.

To put it simply, each network node uses a program to package transactions within a period of time, and then connects the transaction blocks one after another and saves them in each node, but an encryption algorithm will be used in the process. Ensure that node information is not leaked, ensure that user information is encrypted, and ensure that the information in the block is not hacked or tampered with

Second, the block The current development of the chain, various projects and significance, at this stage are more about currency speculation, and there is no problem with value storage.

Blockchain has been developing for twelve or three years since the Bitcoin white paper in 2008. It has also experienced various evolutions and developments.

For example, now it has gone from being able to issue currency in a distributed way to now having huge functional expansion. The landmark event is the birth of the Ethereum smart contract.

I have explained many times that a smart contract is an automated contract signed by two or three parties. It will be automatically executed as long as the conditions are met. It is essentially a program with infinite possibilities and the judge in the blockchain world. Various functions can be input into the program, and the program exists. Blockchain has become rich and colorful.

Current blockchain applications mainly include the following aspects: smart contracts, payments, cross-chain assets, oracles, defi, web3 storage, etc. I will briefly mention two. Let’s take an example and talk about its commercial application.

For example, defi applications are quite popular on Ethereum now. Defi is decentralized finance. Abbreviation for decentralized finance.

What does it probably mean? It is to move all financial-related businesses in real life, such as mortgages, insurances, and loans, onto the blockchain.

This field is very popular now, and the reason is simple. It is very suitable for blockchain. As I said, a smart contract on the blockchain is a contract. If the contract conditions are met, execution can be automatically triggered.

In the past, it might have been very troublesome for you to go to the bank to apply for a loan. You had to sign various signatures and verify them, and the bank might not be open on weekends and nights

But with blockchain The network operates 24 hours a day. If you want to run various assets on it and do various mortgage transactions, you only need to click and there is a software terminal.

Of course, real assets will be frozen and mapped to virtual assets during this process. After the transaction is completed, they will be exchanged for real assets. Cross-chain technology and oracle technology may also be used in this process, which I have written in detail in other articles.

It roughly means cutting off banks through decentralization, and direct point-to-point transactions. The security of transactions is guaranteed by blockchain technology, code and cryptography.

There is also the current web3 storage class. For example, the leading project fil. His vision is to take out all the scattered hard drives. Break all the data and information that need to be stored on the network into small pieces

and then distribute them to the entire network. When we want to use network data in the future, we no longer need large network database or server. In this way, Internet giants cannot charge high service fees. There is no way to maintain a monopoly.

If you want to obtain stored information, just take a taxi online like dd. You pay for a taxi, so that information on the Internet can flow freely. Costs will drop significantly.

Of course, these visions are grand and huge, and the current blockchain development is still in its early stages. There are still some technical difficulties to be overcome and some underlying systems to be established, but there is no problem in this direction.

The original digital asset projects like Bitcoin have now been proven to be very safe. Just like this situation in Afghanistan, the first thing that comes to my mind is Bitcoin. He is the first violent and unplunderable asset.

Your house may be occupied and blown up, and your gold may be robbed. And if you have Bitcoin, it's much easier. He can't snatch this thing away, because the mnemonic phrase and private key are in your mind, and he doesn't even know whether you have this thing in your mind. If you want to pass it on to your child, just ask him to memorize the key and mnemonic phrase.

It is precisely because we are now in a stage of financing and bubbles that all the news you see on the Internet is still speculation.

Also, this thing is a back-end technology. For example, Guangdong Province already has blockchain invoices. For example, there are already some blockchain apps for judicial certification, but for the front-end For you, you can't feel it. There is an extra string of hash codes on the invoice, can you tell the difference?

This is why when it comes to blockchain now, everyone is speculating on coins, but in fact it has certain applications and future technical logic.

Third, it is essentially a mechanism of trust, a method of value transmission, and an exploration of social governance methods.

What is the essential value of blockchain? The most important thing is that it is a way of credit transfer. Because there is enough credit, real-life assets and property values ​​can be spread on the Internet in the form of information codes.

Mainly in these aspects.

First, before Bitcoin, people did not know how to protect a piece of information, because information on the Internet can actually be copied. Bitcoin solves the problem of uniqueness of information assets. With scarcity, there is value in transactions and storage.

The second is decentralization and disintermediation. We used to do everything. All require some kind of intermediary. For example, when you borrow money, a bank acts as an intermediary, and when you buy a house, various institutions and real estate agencies act as intermediaries.

You cannot buy or sell directly. Because you don't have enough credit. We usually come to find a third party, but the third party is usually made up of people and may also do evil.

For example, the master who could whip five lightning whips a while ago. If he calls you all kinds of names at the beginning, you may be frightened. You won't know he is a liar until he is punched and lying straight there. This is human credit, which is unreliable

Blockchain ensures credit through code, cryptography, and consensus mechanisms. We no longer need a powerful third party. Note that this third party will often become a monopoly boss.

The third is to reduce the cost of coordination, communication and entry barriers.

If we want to become richer, we need to trade in the market. And transactions require coordination and division of labor. Essentially, the companies and organizations we work for are intermediaries.

You have to integrate your resources through this kind of intermediary, transform your labor force, your brain power, and your ingenuity into final products and sell them on the market.

The smart contract technology of blockchain technology can break up these contracts in a decentralized manner. People in the market can combine freely to establish a new type of organization that is completely transparent and cannot tamper with the rules, which is a blockchain autonomous organization. The future of this kind of organization may be more promising than that of ordinary joint-stock companies.

You can join or quit an organization at will, and the trust between you and others has been resolved. You can cooperate with others and sign smart contracts to complete joint collaboration and complete a certain product. We no longer have to worry about some big capitalist taking advantage of everyone and getting the bulk of the profits.

So the Bitcoin blockchain is essentially a big social experiment, through the consensus mechanism, the decentralized decision-making method, and the distributed signing of smart contracts. Gradually and completely change the original appearance of our society. Restore the original ideal of market economy, peer-to-peer, direct transactions between people.

To summarize. Blockchain is a block of information connected together through an encryption algorithm. It is essentially an accounting method and a network data structure.

Through decentralization, you can do finance, storage, and many things.Decentralization, but it is still very early and most projects are still in the stage of currency speculation and concept development.

The value storage capability of the blockchain has been proven to be problem-free, very safe, and cannot be plundered by violence.

The essence of blockchain solves the problem of credit intermediary, and at the same time can reduce the cost for people to work together, lower the threshold for enterprise entry, improve social efficiency, make social transactions larger, and allow We are richer.

I recommend the book linked below, it is easy to understand. Like You Pump tells the history of the birth of blockchain, the underlying technical logic of blockchain, and some mainstream projects. Learn some knowledge about blockchain, feel more at ease, and no longer worry about whether it is a scam.

F. How is Binance Blockchain used in different industries?

The question is too big to answer. Let me give you a few examples. An example of Binance Blockchain’s cooperation with industry.
Blockchain + Insurance: Binance and the World Women’s Bank promote insurance on the blockchain to provide benefits and support to 2 million uninsured or underinsured women from developing countries around the world.
Blockchain + Electronics: Binance and HTC launched a blockchain mobile phone. As a mobile phone manufacturer that was once popular in the era of traditional mobile phones, HTC has experienced the low period of smartphones and relied on embracing blockchain technology. Start a counterattack.

G. Why the gimmick of blockchain concept mobile phones is greater than its application

A few days ago, Swiss-Israeli technology company SirinLabs stated that Foxconn subsidiary FIHMobile Ltd will OEM a Finney blockchain A smartphone designed to allow users to securely store and spend digital currencies such as Bitcoin.

Although as SirinLabs said, there are about 10 million people in the world who need blockchain mobile phones. However, it is indeed too early for the general public to build blockchain in the payment field or data storage.

The rise of real blockchain mobile phones should be accompanied by the popularization of real-life applications. If you enter the blockchain industry to gain popularity, mobile phones may become popular for a while. But just launching a mobile phone under the banner of virtual currency exchange, the author believes that it is not acceptable to consumers, or the audience is small.