区块链的价值是,区块链的本质价值在于什么?

近年来，区块链技术的发展已经引起了广泛的关注，许多人都想了解区块链的价值是什么？区块链的本质价值在于什么？

首先，区块链技术本身具有不可篡改的特性，它构建了一种去中心化的数据存储结构，可以让参与者之间达成共识，并确保数据的安全性和可靠性。由于区块链技术具有不可篡改性，因此它可以有效地防止数据的篡改，保护参与者之间的交易安全。

其次，区块链技术可以让参与者之间达成共识，并确保数据的安全性和可靠性。同时，区块链技术也可以实现数据的安全存储，并可以有效地防止数据的泄露。

此外，区块链技术还可以改善传统的中心化系统的效率，有效地解决传统系统中存在的各种问题，如信息孤岛、授权问题等。

最后，区块链技术还可以实现去中心化的货币交易，为参与者提供更安全、更高效的支付方式，实现更快捷的资金流转。

总而言之，区块链的本质价值在于它可以让参与者之间达成共识，并确保数据的安全性和可靠性，改善传统中心化系统的效率，有效地解决传统系统中存在的各种问题，实现去中心化的货币交易，为参与者提供更安全、更高效的支付方式，实现更快捷的资金流转，这就是区块链技术的本质价值所在。

因此，区块链技术在金融、物联网、智能合约等领域的应用将会越来越广泛，它将为人们提供更安全、更高效的服务，为社会发展带来更多的福利。

总之，区块链技术的本质价值就在于它可以实现去中心化的数据存储结构，让参与者之间达成共识，确保数据的安全性和可靠性，改善传统中心化系统的效率，实现去中心化的货币交易，为参与者提供更安全、更高效的支付方式，实现更快捷的资金流转，从而为人们提供更安全、更高效的服务，为社会发展带来更多的福利。

1. Blockchain opens the "Great Copyright Era" with value

With the development of the Internet and the accelerated digitalization of the cultural industry, traditional copyright technology is no longer able to meet the needs of copyright protection. The industry believes that in order to cope with the copyright protection challenges brought about by digital development, in addition to national policy guidance, the application of new technologies such as blockchain and big data will also play an important role. Recently, Xinhua News Agency China Picture Group stated that it will join hands with the DCI system to build a national imaging copyright service platform that integrates new technologies such as blockchain and digital watermarking.

In fact, in recent years, the country has continuously introduced various policies to support the development of the blockchain industry and encourage the innovative application of blockchain technology.

In 2016, the State Council issued the "Thirteenth Five-Year Plan for National Informatization", which for the first time included blockchain into the category of new technologies and made a cutting-edge layout.

On March 13, 2021, the "Fourteenth Five-Year Plan for National Economic and Social Development of the People's Republic of China and the Outline of Long-term Goals for 2035" was announced, and blockchain was listed as one of the seven digital economies. One of the key industries.

On July 16, 2021, the People's Bank of China released the white paper "Research and Development Progress of China's Digital RMB". Data shows that as of June 30, 2021, there have been more than 1.32 million digital RMB pilot scenarios, covering Living payment, catering services, transportation, shopping consumption, government services and other fields.

Recently, there is constant news about the positive development of the copyright industry and the innovation and development of blockchain technology. First, the China Copyright Protection Center will cooperate with Huawei to build my country's independently innovative DCI (Digital Copyright Identifier, Digital Copyright Unique Identifier) ​​system and create a new ecosystem for the Internet copyright industry based on blockchain technology; second, Xinhua News Agency China Picture Group said , will join hands with the DCI system to jointly explore innovative research in the field of image content copyright in the 5G era, build a national image copyright service platform, and jointly build a new ecosystem for Internet visual copyright transactions.

The "Blockchain Digital Copyright Asset Transaction" channel jointly built and promoted by Alibaba Auction and Xinbian Chain was also launched nationwide recently and started previewing. The Alibaba auction platform is an innovative application of blockchain technology in the digital copyright industry. According to reports, the "Blockchain Digital Copyright Asset Transaction" project provides copyright owners engaged in literature, games, animation, music, art, etc. with the verification and on-chain transactions of digital works based on the "New Version Chain". The copyright of the work generates a unique digital copyright asset certificate in the "New Edition Chain". After the transaction, the legal holder of the copyright asset certificate will have all rights except the signature right of the digital work.

It is worth noting that the national image copyright service platform created this time will use blockchain, image invisible digital watermarks, and network-wide image copyright services.Copyright detection, big data, artificial intelligence and other new technologies. The industry believes that digital watermark technology can currently be used in eight scenarios, including radio and television content monitoring, media asset retrieval, film and television drama review and leakage prevention, advertising monitoring and statistics, movie projectors, Internet copyright protection, military information confidentiality, and IP product anti-counterfeiting. , the cumulative market size exceeds 2 billion yuan. The absolute advantages of technology and resources are obvious, and the revenue scale of digital watermarking business is expected to expand significantly in the future.

Blockchain naturally solves the ownership confirmation problem in the information storage process based on mathematical principles. The recording, transmission and storage results of copyright information are all effective and credible. Once produced, the information recorded in the blockchain will be permanently recorded and cannot be tampered with. Only by possessing more than 51% of the computing power of the entire network can it be possible to modify the relevant copyright information.

In traditional intellectual property rights protection activities, a series of phenomena such as low execution efficiency of third-party agencies, difficulty in obtaining evidence, high costs, low compensation, and long cycle are common. In the information exchange and interconnection in the blockchain global network, efficiency can be greatly improved without the need for third-party processing. Generally speaking, blockchain solves the problem of being unable to tamper with registration time and content, while digital watermark technology solves the problem of providing evidence.

Relevant personnel of Hanbang Hi-Tech once compared: "I discovered that someone pirated my content and included my watermark. This can provide evidence to prove the problem of piracy and copyright confirmation." Analysis by industry insiders It is pointed out that if watermarks are put on the chain and blockchain + digital watermarks are combined, the core pain points of cumbersome confirmation of rights in the original copyright protection technology can be perfectly solved, and it has high technical value.

Blockchain is closely related to our future. It is an imaginative concept. Many people think that blockchain is only related to digital currency, but actual exposure to blockchain may occur more in: health codes, online ride-hailing, stock trading... In fact, blockchain and its technology Derivative applications can be said to be the hottest emerging industry at the moment.

Blockchain cannot represent the future, but its future has great possibilities. Regarding the application scenarios of blockchain technology in copyright protection, what still needs to be done is to conduct in-depth research on the core technology of blockchain and understand the application nature of blockchain-enabled industries. The application of technology will be in place, the process will be standardized, the information security on the chain will be solved with focus, and it will be truly and effectively implemented in the physical field, so that the future industrial blockchain will usher in a new era of rapid development.

2. What is blockchain and what is its actual value

Blockchain is a new computing paradigm and distributed infrastructure that uses fast-chain data structures and distributed Node consensus algorithms, cryptographic methods and smart contracts based on automated script code to produce, verify, store and transmit data. It can also be said that blockchain is a distributed ledger technology that can provide a decentralized trust mechanism in a non-trust environment, allowing multiple parties to participate.Participants can conduct secure and trustworthy transactions without intermediaries.
The core advantage of blockchain technology is decentralization. It can achieve decentralized credit in a distributed system where nodes do not need to trust each other by using data encryption, timestamps, distributed consensus and economic incentives. Point-to-point transactions, coordination and collaboration, thus providing solutions to the problems of high cost, low efficiency and insecure data storage common in centralized institutions.
The application fields of blockchain include digital currency, certificates, finance, anti-counterfeiting and traceability, privacy protection, supply chain, entertainment, etc. With the popularity of blockchain and Bitcoin, many related top domain names have been registered. , which has had a relatively large impact on the domain name industry.

3. Blockchain Encyclopedia: The Past and Present of Blockchain - 3.0 Era

The representative of the blockchain 1.0 era is Bitcoin, and the representative of the 2.0 era is Ethereum. And the troubled times of various copycats and air coins. Blockchain 3.0 is the era of consumer-level blockchain that has truly entered commercial and physical applications after the troubled times. The typical symbol is the emergence of tokens. The pass has brought about changes in traditional business models and production relations. The pass has moved from the digital world to the real economy and has begun to seek practical applications in various industries.

The pass has three elements, one of which is indispensable.

Pass: The pass can be circulated on a large scale in a network and can be verified anytime and anywhere; Certificate: As a proof of digital rights and interests, the pass must be a certificate of rights and interests that exists in digital form, and it must represent It is a right, an inherent and intrinsic value; value: the token must have economic value.

In this way, the meaning of "token economy" is not difficult to understand. The token economy is a large-scale group collaboration based on tokens. It maximizes the role of tokens, allows every role that creates value to share value fairly, fully mobilizes participation motivation, and forms a self-organizing form.

Major changes in the blockchain 3.0 era

The token economy has laid the theoretical basis and technical support for the large-scale application of blockchain, and the future world will also be transformed by it. Large-scale changes include:

1. Fragmented investment, fragmented income, subverting the traditional way of doing business on the Internet. In the traditional Internet era, it was impossible for ordinary people to participate in the investment of a company, but the emergence of blockchain allows ordinary people to make fragmented investments in a large asset. Assuming that Alibaba originally adopted blockchain for fragmented investment, then all fragmented shareholders who invested in Alibaba would be able to reap a return on investment that has increased thousands of times today!

2. Break the money-burning model of the Internet and make everyone a winner. The free model of the traditional Internet is essentially to obtain a large amount of money through free products.users to form monopolies and barriers, and then make profits through advertising and value-added services on this basis. In the blockchain 3.0 era, project income is redistributed by issuing tokens to attract more early investors and community users. As the number of users holding tokens increases, the value of the tokens will become higher and higher, and community users, investors, and projects can all benefit from it. In this way, the money-burning model of providing free services in the early days of the traditional Internet can also be improved, and everyone will become a winner.

3. Breaking down the traditional corporate organizational hierarchy, self-organization may become a future trend. In the blockchain 3.0 era, through the establishment of distribution and collaboration mechanisms through smart contracts, it can be more efficient and accurate than enterprises. All token owners will naturally form a community. Everyone has the same goal - "to promote the development of the project and make it a success". They are all members of the community, contribute to the community, promote the value-added of the token, and thus gain benefits together. profit. From a philosophical perspective, this new self-organizing community of freedom, independence, and equality must be the future trend. Gojoy blockchain e-commerce is a blockchain self-organized community. Every consumer is a token owner and a fragmented investor, so he is very happy to co-create and build Gojoy value.

Therefore, we can look forward to the era of great development of the blockchain 3.0 token economy, and the existing ones may be subverted. What we need to be prepared for is to work hard to embrace the blockchain. If you want to seize the trend of blockchain and understand how to transform into blockchain, please leave a message to communicate and we will take you to learn the blockchain professional certification course.

4. Where is the real value of blockchain?

Digital currency transactions trigger public opinion and decentralization? Blockchain? What exactly is Bitcoin?

Since the market value of Bitcoin (more precisely, the exchange rate) began to rise sharply in 2016, this term, which is not new, has entered our lives. Why does Bitcoin have such amazing value? 1 Bitcoin is equal to 20,000 USD! What kind of mystery does it contain? Today we will briefly talk about Bitcoin.

Who Satoshi Nakamoto is has always been a mystery!

Bitcoin first appeared in 2008. The Bitcoin theory was proposed by Satoshi Nakamoto in his paper "Bitcoin: A Peer-to-Peer Digital Cash System (Source: Internet Library)". In 2009, the Bitcoin network was born, and founder Satoshi Nakamoto created the first Bitcoin block.

5. What is the value of blockchain and virtual currency?

When we talk about value, we will naturally connect it to price. Indeed, price is an important data to measure value. As a blockchain technology, the price of Bitcoin reached over 140,000 RMB when it was high. Now it has dropped by about 50%, but it is still as high as about 80,000 RMB.

At this point, you may have understood: If people have no common understanding of something,Understand that if you don’t assign value to something, many things will not become “valuable” at all. Just like our understanding of air and food, they are necessary for our human life and survival! This is the "consensus". We all believe that these two are essential if we want to survive! Therefore, we can conclude that the essence of value is consensus. What is the consensus value of virtual currency? Most people believe that the essence of currency is not consensus, but the credibility and authoritative coercive power of the ruling government. This statement is not unreasonable. The government can only be one of the sources of value consensus, so what most people think is not comprehensive. In our society today, our consensus on the value of things comes from many ways, such as: endorsement by authoritative institutions, corporate credit, religious beliefs, support from scientific theories....

6. Why It is said that the blockchain industry will not really rise until 2020

Because the current blockchain technology is not yet mature and the basic facilities are imperfect, many applications are limited, and the overall application is still in a very early stage. stage.

First of all, the main function of blockchain is to store information. Any information that needs to be saved can be written to the blockchain and read from it, so it is a database. Secondly, anyone can set up a server, join the blockchain network and become a node. In the world of blockchain, there is no central node (decentralization). Every node is equal and stores the entire database. You can write/read data to any node, because all nodes will eventually be synchronized to ensure that the blockchain is consistent.

7. One article summarizes the nine major benefits that blockchain technology brings to enterprises

The launch of Bitcoin, the first application of blockchain in 2009, transformed blockchain from theory to Applications turned into real-life applications prove that this digital distributed ledger technology actually works. Since then, many enterprise organizations have been testing how to make blockchain work for them.

Now, well-known companies, government organizations and non-profit entities are also trying to use blockchain to improve existing processes and enable new business models.

Blockchain’s value stems from its ability to share data between entities in a fast and secure manner—without any entity being responsible for protecting the data or facilitating transactions.

"This is a transaction ledger with unique characteristics that help solve problems in our systems and processes," said Associate Professor in the Department of Information Technology and Analytics at American University and Research Fellow at the Kogod Center for Cybersecurity Governance Ayman Omar explains.

From Maoqiu Technology’s perspective, blockchain and its features can, in fact, help enterprises in a variety of ways – whether they use a public blockchain network or choose a private or permissioned zone-based one. Blockchain applications.

Hair ball technology wholeThe following are the main advantages of blockchain:

Blockchain creates trust between different entities where trust does not exist or is unverified. As a result, these entities are willing to engage in commercial transactions involving transactions or data sharing that they might not otherwise do, or would require an intermediary to do so.

The realization of trust is one of the most promising advantages of blockchain. Its value is evident in early blockchain use cases that facilitate transactions between entities that are not directly related but still need to share data or make payments. Bitcoin, and cryptocurrencies in general, are prime examples of how blockchain enables trust between participants who do not know each other.

Daniel Field, Head of Blockchain at UST Daniel Field, Head of Blockchain at UST, a global provider of digital technologies and services, explains that when there is no central actor facilitating trust, blockchain The chain has truly proven its value.

Thus, in addition to enabling trust when participants lack trust because they don’t know each other, blockchain can enable data sharing in an enterprise ecosystem where no single entity is solely responsible.

Supply chain is a good example. Multiple businesses—from suppliers and transportation companies to manufacturers, distributors, and retailers—want or need information from others in the chain, but no one is responsible for facilitating the sharing of all this information. Blockchain solves this problem with its decentralized nature.

The security of blockchain-enabled systems is another major advantage of this emerging technology. The enhanced security provided by blockchain stems from how the technology actually works. Blockchain creates an immutable record of transactions through end-to-end encryption, which keeps fraud and unauthorized activity at bay.

Additionally, data on the blockchain is stored in a computer network and is nearly impossible to hack (unlike traditional computer systems that store data in servers). At the same time, blockchain can limit access by anonymizing data and requiring permissions, solving privacy issues better than traditional computer systems.

Blockchain can also reduce costs for companies, increase the efficiency of processing transactions, and reduce manual tasks such as aggregating and modifying data, as well as simplifying reporting and auditing processes.

Experts point out that financial institutions will significantly reduce costs when using blockchain, explaining that blockchain’s ability to simplify clearing and settlement directly translates into process cost savings. More broadly, blockchain helps businesses cut costs by eliminating the middlemen — vendors and third-party providers — that traditionally provide the processing that blockchain can do.

By eliminating intermediaries and replacing remaining manual processes in transactions, blockchain can be more efficient than traditionalMethod to process transactions faster. In some cases, blockchain can process transactions in seconds or less. However, times may vary.

How quickly a blockchain-based system can process transactions depends on a variety of factors, such as the size of each data block and network traffic. Nonetheless, experts have concluded that blockchain generally outperforms other processes and technologies in terms of speed. In one of the most prominent applications of blockchain, Walmart used the technology to track the origin of mango slices in seconds—a process that previously took seven days.

Walmart’s use of blockchain isn’t just about speed; it’s also about the ability to trace the origins of these mangoes and other products. This allows retailers like Walmart to better manage inventory, respond to issues or questions, and confirm the history of their merchandise.

If a specific farm has to recall its products due to contamination, retailers using blockchain can identify and remove products from that specific farm while selling their remaining products. According to experts, blockchain can help trace the origin of various items such as pharmaceuticals to confirm that they are legal as opposed to counterfeit and organic items to confirm that they are indeed organic.

Immutability simply means that a transaction cannot be changed or deleted once it is recorded on the blockchain. On the blockchain, all transactions are timestamped and date-stamped, so there is a permanent record. Therefore, blockchain can be used to track information over time, allowing for safe and reliable auditing of information.

For example, Omar pointed to Sweden's use of blockchain to digitize real estate transactions to track property ownership even as they change hands as an example of this benefit.

Experts say blockchain could enable unprecedented personal control over one’s digital data. "In a world where data is a very valuable commodity, this technology essentially protects the data that belongs to you while allowing you to control it," said Michela Menting, research director at ABI Research.

Personal and Individual organizations can decide what digital data they want to share, with whom and for how long, and enforce restrictions through blockchain-enabled smart contracts.

Leaders across multiple industries are exploring and implementing blockchain-based systems to solve tough problems and improve longstanding cumbersome practices. Field cited the use of blockchain to verify job seeker resume information as an example of such innovation. Research consistently shows that a large percentage of people falsify their resumes, leaving hiring managers with the time-consuming task of manually verifying information.

However, participating universities are allowed to put data about their graduates and degrees awarded on the blockchain, which can then be accessed by authorized hiring managers.The pilot program helps solve both of these problems – getting to the truth and getting to the truth quickly and efficiently.

Executives need to carefully consider where they make blockchain investments, experts say.

They emphasize that the real value of blockchain lies in its use in areas where traditional databases do not work and where there is no central control or trust.

“If there’s a high level of trust, blockchain has no problems to solve. But the less visibility you have or the possibility of corruption, that’s where you have a bigger use case. That’s what blockchain Where chain becomes the solution,” Omar said.

Blockchain-based applications could also be paired with artificial intelligence, machine learning or some other decision-making layer, he said.

However, experts still believe that blockchain will bring disruption and business transformation—even if the revolution doesn’t happen anytime soon.

It’s important to understand that there’s a lot of hype around blockchain, and while it’s revolutionary in theory, it’s not going to change society today,” Mentin said. “Maybe from now on It will appear in 10 to 20 years, but this is not a short-term technology. ”

8. The value of blockchain

The first source of value of blockchain is efficiency. Blockchain can not only reduce the cost of trust, but also improve the efficiency of value transfer. But at the same time, it brings additional costs. The value of blockchain efficiency must be comprehensively considered in several aspects.
One of the manifestations of improving efficiency is that blockchain has great advantages in reducing trust costs. British Economics Home magazine said that blockchain is a machine of trust, and the cost of establishing trust between strangers is close to zero. Mainly including: blockchain reduces the cost of search, the cost of repeated verification, and smart contracts based on blockchain technology greatly It reduces contract signing, management and payment costs, etc. For example, in 2018, McKinsey & Company measured more than 90 blockchain applications and found that 70% of the potential value of applications lies in reducing costs, including eliminating middlemen, eliminating transaction record keeping and verification Processes, etc. save costs.
The second manifestation of improved efficiency is that blockchain makes it possible to quickly transfer value point-to-point by redefining value, allowing value to flow. The traditional Internet can spread information quickly and conveniently by copying information, but the Internet It cannot solve the problems of ledger changes and rights confirmation, and cannot perform point-to-point value transfer. It must rely on third-party agency accounting to achieve value transfer. The distributed ledger technology and consensus mechanism of the blockchain enable value to be transferred among participants first. Confirmation of rights, and during the entire process of point-to-point transfer, all participants can update the ledger synchronously, add unique timestamps, avoid the problem of repeated payments, and make point-to-point transfer of value possible.
But on the other hand, Compared with centralized databases, the distributed ledger technology of blockchain still has many inefficiency features. These mainly include low information throughput and delayed transaction confirmation.It takes a long time, the blockchain capacity is limited, POW (workload consensus algorithm) consumes high energy, the information on the blockchain cannot be modified, and the data is difficult to roll back.
Therefore, judging whether a blockchain application can improve efficiency requires both addition and subtraction. Blockchain is not suitable for all scenarios, and is more suitable for industries or scenarios with high trust costs.
The second source of value of blockchain is fairness. First of all, the fairness brought by blockchain lies in the redistribution of data ownership and use rights. Under the traditional Internet platform model, many Internet giants have formed. Whether it is personal or corporate data, the ownership and use of data after accessing the Internet are often no longer determined by the data owner. After the introduction of blockchain technology, transaction information on the blockchain will be made public, but account identity information will be highly encrypted and can only be accessed with authorization from the data owner. The data owner truly has the right to use the data, and the blockchain will transform the previous Digital resources become digital assets and become a kind of property rights. Blockchain enables the establishment of a reasonable mechanism of "who owns, who benefits; who uses, who pays" in the data market.
Secondly, the blockchain provides a channel for the individual expression of users participating in the blockchain. Decentralization, autonomy, openness, and transparency are the underlying logic of blockchain. Especially in public chain projects, each individual is a node. By participating in community governance, each node can express its own opinions and output influence. force.

9. The value of wallets to blockchain

For entrepreneurs, the development of wallets is at the infrastructure level in the blockchain industry ecological map. It belongs to the subdivision of digital asset storage and has a high technical threshold.

Many users who have never used a digital wallet have almost no idea about it, and even think that digital wallets are just for "storing" digital currencies. This article gives a rough definition of a wallet. A wallet application has a series of key pairs, and each wallet address corresponds to a key pair - a private key and a public key.

The private key is untestable and non-repeatable and therefore unique. And the private key has ownership and control of the wallet and is used to sign and verify every transaction. In order to lower the user's threshold for use, the private key also has another form of expression - a mnemonic phrase to help users remember complex private keys.

How is the private key related to the public key? It generates a public key through a certain encryption algorithm, so that the private key corresponds to the public key one-to-one. The encryption algorithm is one-way, that is, the private key can derive the public key, but the public key cannot derive the private key. Therefore, it can be understood that mastering the private key is equivalent to mastering its ultimate control.

Security issues of digital wallets

First of all, everyone must know that digital wallets are decentralized, and most hot wallets inherit this attribute. Since the private keys are managed by the users themselves, they cannot be retrieved if lost, and transactions cannot be rolled back, making many users feel unsafe.

Here areA list of ten wallet usage suggestions given by industry experts:

[if !supportLists]1. [endif] Use a backup wallet;

[if !supportLists] 2. [endif] Do not transfer private keys to others at will;

[if !supportLists]3. [endif] Do not use WeChat collections or cloud backup to store private keys;

[if !supportLists]4. [endif] Screenshots or photos cannot be taken to save the private key;

[if !supportLists]5. [endif] WeChat or QQ cannot be used to transmit the private key;
< br /> [if !supportLists]6. [endif]Do not choose email or cloud storage private keys;

[if !supportLists]7. [endif]Do not use wallet applications from unknown sources provided by third parties ;

[if !supportLists]8. [endif]Avoid Apple IDs provided by others;

[if !supportLists]9. [endif]Do not send private keys to the group inside;

[if !supportLists]10. [endif]Do not import private keys to unknown third-party websites.

Security is the foundation of digital wallets, as well as cryptocurrency and even the entire blockchain industry. In addition to ensuring the complete functions of the wallet, wallet developers should also pay attention to security.

How to manage digital wallets

We should pay attention to several issues about wallets:

[if !supportLists]First, [endif]Private The key determines the property rights of the digital currency you own and must be managed by yourselfappropriate.

[if !supportLists]Second, [endif]The public key is public and the address is also public. Anyone who transfers coins to your address can only truly own the coins if they control the private key.

[if !supportLists] Third, [endif] The transaction flow is stored on the blockchain and has nothing to do with the private key address. The transaction accounts are public, and as long as you know the address, you can check how much the corresponding digital assets are.

[if !supportLists] Fourth, [endif] If the wallet installed on a mobile phone or computer or other equipment, the backup key or mnemonic phrase is damaged, lost, stolen, etc., you should immediately reset it through Install or transfer assets to other wallets.

[if !supportLists] Fifth, [endif] No matter what kind of wallet it is, it is relatively safe. There is no absolute security. The private key or mnemonic phrase must be backed up and kept, and it is portable. It is difficult to have both.

How digital wallets operate in commercial banks

It was previously reported that the People’s Bank of China has a two-layer architecture design for digital currencies, and the central bank is also preparing to issue Digital currency.

Bank accounts and digital wallets of commercial banks have common management aspects. In this case, bank accounts and digital wallets are positioned differently. Then according to the wallet standards designed by the central bank, the wallet is a safe deposit box. The bank will manage the customer's safe deposit box according to the customer's requirements, which can be said to have all the attributes of cryptocurrency. So in this framework, the ID field of the digital currency wallet is added to the bank account. In this case, the digital currency wallet not only functions as a safe deposit box, but also does not participate in business, avoiding affecting the core business of the bank.

Digital currency transfers can be transferred directly in the commercial banking system, or through the issuing bank using a client digital wallet for direct point-to-point transactions. In this case, there is no need to rely on inter-bank payments between account banks.

The current competitive situation of digital wallets

The first is the competition for traffic, mainly to attract new users and promote activation, in order to have a large user base.

The second type is competition in gameplay, mainly reflected in community rewards, in order to enhance user stickiness.

Another option is to expand more extensive services, such as CTGPay, which can realize functions such as currency exchange and financial management with different countries. It saves users the trouble of exchanging currency and managing multiple legal currencies, and also greatly expands the application scenarios of digital currencies.Financial management can also guarantee an income of about 5% per month, so it is very popular among users.

The value of wallets to blockchain

The purpose of wallets is to store private keys. As mentioned at the beginning, it is not to store cryptocurrency. It can be said that as long as you have a private key, it means you have the corresponding token.

However, the current digital currency market has problems such as inconvenient digital management, high transaction and exchange thresholds, insufficient blockchain performance and unreasonable design, high blockchain development costs, difficulty in connecting to reality, and lack of scenario applications. And other issues. To put it simply, tokens developed based on different public chains require their own wallets.

Summary

If you still stay in the competition for basic functions, you will undoubtedly be left behind. Today's digital wallets should pay attention to building an ecosystem that covers multiple functions such as user community, transaction, interaction, financial management, etc. In order to have a large user base and ensure extremely high daily activity.