布比区块链发展潜力大吗知乎,布比区块链发展潜力大吗
请查看相关英文文档
❶ The development of blockchain technology
Blockchain technology has many applications in finance, and its many characteristics have given great imagination to the future of the financial industry. space.
For a single (domestic) central bank, Bitcoin can be regarded as a "foreign exchange currency", and Bitcoin will not be affected by the central bank's monetary policy. From this perspective, Bitcoin is bound to bring about so-called currency competition. American tourists will more or less encounter the experience of exchanging foreign currency at unofficial exchange rates when traveling abroad. The original intention of locals to exchange dollars may be to avoid the impact of high inflation (inflation tax).
If this kind of exchange can be "promoted and widely used", the government's use of inflation tax to increase fiscal revenue will inevitably be restricted, and the traditional foreign exchange controls in the past will also lose considerable effect. As long as there is an Internet or a phone, people can use digital currency as a medium of exchange.
Challenging the global currency status
Although Bitcoin is unlikely to replace the world’s major currencies in the short term, Bitcoin still has the opportunity to play a dominant role in some specific occasions. effect. The status of the U.S. dollar is obvious to many countries around the world, but liabilities under U.S. dollar-denominated deposits created by foreign banks have raised jurisdictional issues. If U.S. banks further offer Bitcoin-denominated loans and accept redemptions in Bitcoin, how should regulators respond? In fact, there are already similar signs in today's euro-dollar market.
In other words, in times of financial crisis, if the market wants Bitcoin deposits instead of U.S. dollar deposits, then the central bank’s “lender of last resort” status in the traditional sense will be completely lost.
Acting as safe-haven assets
Safe-haven assets do not mean risk-free assets, but refer to those assets that investors are willing to pour into during times of crisis. In the 1970s, real estate was a safe-haven asset; and after entering the 21st century, U.S. debt became a safe-haven asset. Could Bitcoin become the next key safe-haven asset? The answer may be yes or no. However, recalling CUF’s dominance in Hungarian mortgage loans during the previous Eurozone crisis, Bitcoin clearly has a chance to become famous: in the context of dollar-denominated inflation and Bitcoin-denominated deflation, because the Federal Reserve cannot expand the supply of Bitcoin to the dollar/ The Bitcoin exchange rate will plummet.
Function of securities
Under a perfect macroeconomic model, securities transactions should be seamless. However, under the influence of monetary policy, the current liquidity of OTC bond trading is very poor. Even the most liquid ten-year U.S. bond has experienced liquidity problems. Demand for high-quality collateral (usually Treasury bonds) surged as a result. If blockchain technology matures enough, it is likely to bring billions of dollars of collateral supply to the market. Of course, it is possible that the demand for government bonds will cool down.can cause interest rates to rise.
Maintain financial market stability?
There is a view that the use of blockchain will lead to the withdrawal of global central banks from the stage of history. This possibility naturally exists, but in the short term, it is not very realistic - the central bank's complete retreat into the background requires many hard assets such as real estate and human capital to find liquidity carriers/media.
There is also a view that blockchain technology will make the financial market completely transparent, thereby bringing about a more robust financial system. It should be noted, however, that the mainstream Diamond and Davidger bank run models do not rely on the opacity of financial markets. In theory, a bank's investment portfolio is completely transparent. But even so, unexpected large-scale redemptions can still cause problems for the financial system.
Central Bank’s Digital Currency/Cash
The current currency and payment architecture were formed before the birth of the Internet. The world has changed dramatically, so people have to learn to adapt, and there is no reason to reject the possibility of central banks offering digital currencies. Before Bitcoin, the U.S. Treasury had provided an online digital bond account. Although this kind of account was not used for the payment system, it was theoretically fully applicable.
A central bank’s digital account has many advantages. First, depositors no longer need deposit insurance because there is no risk of default by the central bank; second, money managers who hold large amounts of funds can choose central bank accounts for overnight deposits instead of shadow banks; third, the cost of paper money supply will be completely eliminated Fourth, it will be very convenient for the central bank to pay interest to depositors, which will facilitate the transmission of the central bank's monetary policy.
Real-life Applications
Bubi Blockchain has made many breakthroughs in the technology platform, which can meet the needs of tens of millions of users and has the ability to quickly build upper-layer application businesses. Ability. Bubi blockchain has been used in equity, supply chain, points and other fields, and is conducting trials and application tests with exchanges and banks. Shubei wallet has been recently launched as a points application on the Bubi blockchain platform. Sunshine Insurance, as the first large financial institution in China, issues blockchain points (Sunshine Bei) on the platform. The application of chain technology in various industries is a good example.
Blockchain technology will definitely have a profound impact on the financial industry and have an important impact in the long term. People will witness the profound changes it causes in reality one by one.
❷ Does blockchain really have development prospects?
There is no doubt that blockchain has development prospects, and the necessary condition for development prospects is to enter the mainstream market.
Matt Spoke, founder and CEO of North American blockchain infrastructure The OAN (formerly Aion Network), published an article in Forbes on July 24 titled "In order to successfully enter the mainstream market, blockchain projects must "Eat dog food"》In the article, Matt mentioned his views on how blockchain should enter the mainstream market-"eating dog food".
In the technology circle, there is a jargon called "dogfooding" (also known as eating your own dog food), which refers to a company using its own products and becoming a user of its own products. Many high-growth companies (such as Microsoft, Facebook, Amazon, Apple, Netflix and Google) also use dog food to test products or help build credibility for their products. Although "eating dog food" is often used to find and fix bugs, it has another value: creating reliable use cases for the company's products.
This is worth learning from blockchain projects, because blockchain projects often hold the idea of "if it is built, they (users) will naturally come" and habitually create new and interesting things. Responsibility for blockchain applications is given to third parties.
This attitude is so common that even the well-known blockchain summit Consensus 2019 (2019 Consensus Conference) also held a conference titled "Build it, they (users) will naturally come: Creating a global area" Blockchain Center's roundtable forum discusses how governments around the world can make efforts to attract blockchain projects while balancing regulatory, investment and innovation needs.
To be fair, this strategy may be effective for blockchains that only target cryptocurrency circles. For security tokens, especially exchanges that trade such representatives, this makes even more sense - "supply creates demand" is the usual thinking here, especially considering the complex infrastructure required to implement these transactions. .
In contrast, "eating dog food" is more likely to be used by blockchain project developers seeking mainstream audiences (such as those in the financial industry, manufacturing and supply chain, identity management, etc.) use. If blockchain technology wants to break into these mainstream fields, blockchain companies must first "eat dog food." This will not only clearly prove that blockchain technology is feasible outside the currency circle, but also highlight that blockchain can not only optimize existing use cases, but also create new use cases.
The OAN team has always adhered to this concept and relied on the technology stacks of The OAN and Aion built over the years to develop Moves, a financial technology platform for independent workers.
Matt said that when developing the Moves product, the team hopes that the relevant functions of The OAN blockchain network can be fully utilized, so the focus will be on the following three aspects:
p>1. How to use The OAN blockchain network to improve the credit efficiency of products.
There are two main considerations for improving credit efficiency: 1) Can Zheng Lu learn from the mechanisms of the DeFi market to reduce capital costs; 2) Can blockchain technology be used to increase the external credit process for Moves? of trust. Here, Moves will form a mechanism of “bringing together wisdom” to allowEveryone can contribute to reducing credit risk and increasing the credibility of the credit granting process, and may even develop a micro-guarantee mechanism in the future. Therefore, users will be able to participate in the market established by the platform as a borrower, lender or guarantor.
2. How to align the interests of products and users.
Specifically, by connecting Moves to The OAN network, and with the help of the digital asset Aion, a relationship of consistent interests is formed between the product and the user, so that users can experience Moves personally. Whether the product development is successful or not, you can also directly participate in the blockchain network that supports Moves - The OAN.
3. How to create a pioneering financial reputation data open system with Moves.
This open system may become a replacement for traditional credit scores or related mechanisms. For years, banks and financial institutions have used scores from Equifax, FICO or others as risk indicators, and the Moves team believes that the product it is building will be a good start - a better, more modern financial system. The beginning of the reputation system. This is a long-term goal.
Moves supports mainstream ride-sharing, food delivery and other gig economy concept platforms in North America and will be the flagship open application developed by The OAN on its blockchain network. In June, Moves' business operations expanded from Ontario to two more provinces - Alberta and British Columbia, and into Western Canada.
The various measures taken by The OAN team are all based on the spirit of "eating dog food" and working hard to allow blockchain technology to enter the mainstream market as soon as possible. Blockchain is not for the niche, but for the mainstream. In addition to The OAN team, many projects and institutions in the blockchain industry are also moving towards this goal. With such an excellent and targeted blockchain, what can you do? Are you saying there is no development prospect?
❸ Let’s briefly talk about the major applications of blockchain and which ones are pitfalls
What can blockchain do? Blockchain, a great technology that accompanied the birth of Bitcoin, is currently being used in the financial field to significantly reduce transaction costs and improve efficiency, which is enough to excite Wall Street. However, this is just the tip of the iceberg. Its potential applications are very broad and will subvert every aspect of our lives in the future.
The Internet is an information network, with 0s and 1s flowing in it. Blockchain is a value network, and its role is to transmit value, unlike the Internet for data transmission.
Speaking of value transfer, there is a very simple scenario, such as payment, I have 100 yuan in hand, and I want to transfer it to the group. I can use WeChat red envelopes or WeChat transfers. Here During the transaction process, the participation of a third party is required, and the transmission method of the blockchain is point-to-point transmission, which does not require any intermediate node. This is the relationship between the blockchain and us.A very big difference between the existing architecture.
When it comes to peer-to-peer payments, many people will think of Bitcoin, because most people know blockchain from Bitcoin. What is the difference between blockchain and Bitcoin?
Blockchain is the technology behind Bitcoin; blockchain is a basic technical architecture that designs and implements an autonomous system with multi-party participation through a specific data structure and consensus algorithm.
The specific data structure is actually the name blockchain itself, that is, its data is placed in data blocks one by one, and then these data blocks are connected and implemented using a chain. "Consensus algorithm" is a very important concept in blockchain. Without synchronic algorithm, there would be no meaning of blockchain.
Introduction to Bubi Blockchain
Bubi Blockchain has been focusing on the R&D and innovation of blockchain technology and products since its establishment, and has a number of core technologies. It has made substantial innovations in many aspects and formed a number of core technical achievements, such as: mathematically provable distributed consensus technology, fast large-scale ledger access technology, multi-chain general ledger technology that supports business expansion, and heterogeneous ledger technology. Construct interconnection technology between blockchains, etc. On April 25, "Gege Points" introduced the concept of blockchain into the points system, jointly opened it up with multiple parties, issued and redeemed points, and promoted the circulation of points. Each cooperative institution can jointly participate in transaction verification, ledger storage, and real-time settlement; the third-party payment platform of the enterprise points issuer makes the entry and exit of points more flexible. Bubi has developed its own basic blockchain service platform, which has been applied in equity, supply chain, points, credit and other fields. Bubi has been committed to building an open value circulation network with decentralized trust as the core, allowing digital assets to flow freely.
Having said that, let’s analyze the difference between blockchain and Bitcoin?
1. Essential difference. For the world, Bitcoin is a digital currency based on cryptography, while blockchain, as we just said, is a value transfer protocol. There is an essential difference between the two, because one is a digital currency. , one is a value transfer protocol.
2. Algorithm. Bitcoin's consensus algorithm is based on a working algorithm called proof of work, POW. There are many different consensus algorithms in the blockchain. It can use either the Bitcoin POW algorithm, the POS algorithm, or the DPS algorithm.
3. Transaction speed. Bitcoin is limited to a maximum of seven transactions per second. Please note that what is mentioned here is the maximum and not the average, because this is a very strict definition. For the blockchain, the number of transactions per second can actually reach tens of thousands or more, so this is also One major difference between blockchain and Bitcoin. Because many people will confuse and say that the transaction speed of blockchain is seven transactions per second. This is wrong. This is compared toOne limitation of Bitcoin is that the blockchain can achieve very high transaction speeds based on its different consensus algorithms and linking methods.
4. Link form. Bitcoin is a blockchain based on the Internet, which means we call it a public chain. The blockchain can be in the form of a public chain, a private chain, or a consortium chain.
5. Limitations. It is recommended that everyone not touch some digital currencies related to blockchain. What's the reason? Bitcoin is a digital currency. Although it has very good and different characteristics, it does not comply with financial supervision. In other words, these 21 million Bitcoins were issued without national authorization and without national credit as a multiple. was released below. The blockchain also has some limitations. Although it is just a protocol and a technology, it is still a new technology in its infancy.
To summarize, blockchain is a relatively low-level protocol and a technical infrastructure, on which there are various consensus algorithms. If the blockchain is 1, the consensus algorithm may be 10 to 20, but the applications based on it may be one thousand or two thousand, or more. In other words, Bitcoin is only one of many blockchain applications. A realization. Therefore, Bitcoin and blockchain cannot be equated. Bitcoin is only a very elementary implementation of blockchain.
What can blockchain do? Blockchain problem? In the bill market, digital bills based on blockchain technology can become a safer, smarter, and more convenient bill form. Point-to-point transactions realized with the help of blockchain can break the existing functions of bill intermediaries and realize the disintermediation of bill value transfer; the construction and data storage of digital bill systems do not require a central server, eliminating the need for the development of central applications and access systems. costs, reducing the maintenance and optimization costs of the system under the traditional model, and reducing the risks caused by system centralization; based on the non-tamperability of information on the blockchain, once the transaction is completed, there will be no default, thereby avoiding "one Behaviors such as "selling too many tickets" and out-of-synchronization of payment and endorsement effectively prevent risks in the bill market. The securities trading market is also an area where blockchain technology has great potential. The current traditional securities trading model has the shortcomings of long transaction processes, low transaction efficiency, and high comprehensive costs. In addition, there are strong intermediaries and regulatory agencies, and the rights of financial consumers are often not protected. Applying blockchain technology, buyers and sellers can be directly matched through smart contracts, and the efficiency of transaction execution can be greatly improved. Settlement and delivery can be automatically realized through a distributed digital registration system. Since the data entered into the block is irrevocable and can be copied to each data block within a short period of time, the information entered into the blockchain actually has a publicity effect, so the occurrence of the transaction and the confirmation of ownership will not occur. dispute.
What can blockchain do? Blockchain problem? Although at present, there is no mature underlying blockchain technology platform solution, the capacity can beTechnical problems such as scalability, privacy protection, inability to settle on a net basis, and non-recourse after the fact also need to be solved. Large-scale application of blockchain technology requires the reset of IT architecture and reengineering of business processes, but these are only technical issues. The real test of blockchain technology taking root and growing in the financial field is the ontology of regulatory agencies and financial institutions. Will the inherent "deregulation" and "decentralization" characteristics of blockchain make market entities have no motivation to drive technology? Innovation. However, since the blockchain is a technology based on mathematical algorithms, the establishment of a trust relationship between transaction parties does not require the use of intermediaries or authoritative centers at all, and the cost of establishing a trust relationship is almost zero (when the blockchain financial infrastructure and ancillary infrastructure are established (under the premise), and the blockchain code is open source and open, without geographical restrictions, and the network pattern is distributed and interconnected, laying a technical foundation for the establishment and development of inclusive finance and shared finance in the future, and creating material conditions for global financial integration and unification. From this point of view alone, blockchain technology will surely establish a core position in future financial development, and it will rely on and complement each other to win the future.
❹ Which company is good for blockchain system development?
Bubi (Beijing) Network Technology Co., Ltd. ranks first in blockchain technology.
Blockchain technology is engaged in the design and development of blockchain application products (DAPP), researching blockchain protocols, smart contracts, permission management, operating mechanisms and underlying implementation;
Tracking blocks Changes in the underlying technology of the chain, continue to learn and propose optimized solutions; solve various online problems, and complete other R&D project goals within the organization;.
Educational requirements: 81.8% undergraduate, 6.4% no education required, 5.9% junior college, 5.6% master, 0.22% doctorate, and 0.07% technical secondary school. Which one requires the most experience? 3-5 years accounted for 41.1%, 5-10 years accounted for 21.4%, 1-3 years accounted for 19.0%, no experience limit accounted for 14.3%, fresh graduates accounted for 2.4%, and more than 10 years accounted for 1.9%
❺ How popular is blockchain?
Blockchain, a great technology that accompanied the birth of Bitcoin, is currently being used in the financial field to significantly reduce transaction costs and improve efficiency, which is enough to excite Wall Street. Incessantly. However, this is just the tip of the iceberg. Its potential applications are very broad and will subvert every aspect of our lives in the future.
Simply put, Blockchain is similar to a ledger that records all Bitcoin transaction information. This ledger is stored on various Bitcoin nodes on the Internet, and each node has a complete backup. The ledger is stored in blocks, and each block contains a portion of transaction records. Each block records the ID of the previous block, forming a chain structure, so it is called a blockchain. When you want to initiate a Bitcoin transaction, you only need to broadcast the transaction information to the P2P network. The miners will record your transaction information as a new block and connect it to the blockchain, and the transaction will be completed..
To sum up, the biggest feature of Blockchain is decentralization. There is no centralized hardware or management organization in the entire network. The rights and obligations between any nodes are equal, and any node is not damaged. Or losing it will not affect the operation of the entire system.
The second feature is trustlessness. Data exchange between each node participating in the entire system does not require mutual trust. The operating rules of the entire system are open and transparent, and all data content is also public. Therefore, within the rule range and time range specified by the system, the nodes It is impossible and impossible to deceive other nodes.
The third feature is to break information asymmetry. Blockchain's ledger technology will reflect all information, similar to an open and transparent credit reporting system for the whole society, breaking any asymmetric information in all societies.
These three characteristics alone are enough for Blockchain to subvert our current lives. The financial industry is one of them.
Introduction to Bubi Blockchain
Bubi Blockchain has been focusing on the R&D and innovation of blockchain technology and products since its establishment, and has a number of core technologies. It has made substantial innovations in many aspects and formed a number of core technical achievements, such as: mathematically provable distributed consensus technology, fast large-scale ledger access technology, multi-chain general ledger technology that supports business expansion, and heterogeneous ledger technology. Construct interconnection technology between blockchains, etc. On April 25, "Gege Points" introduced the concept of blockchain into the points system, jointly opened it up with multiple parties, issued and redeemed points, and promoted the circulation of points. Each cooperative institution can jointly participate in transaction verification, ledger storage, and real-time settlement; the third-party payment platform of the enterprise points issuer makes the entry and exit of points more flexible. Bubi has developed its own basic blockchain service platform, which has been applied in equity, supply chain, points, credit and other fields. Bubi has been committed to building an open value circulation network with decentralized trust as the core, allowing digital assets to flow freely.
For example, our common inter-bank clearing systems, securities settlement institutions and various financial settlement systems follow this principle, but the difference is that these settlement systems are centralized, that is, there is a central server or center The central agency completes the settlement work. If the central agency database is destroyed, the entire settlement will have problems. The Bitcoin settlement system is decentralized and built on the network. We call it the P2P network. It is a decentralized settlement database. The destruction of individual database nodes will not affect the entire Bitcoin settlement network at all, so based on the P2P network The distributed data settlement network is a new financial innovation.
Blockchain technology concept stock? The blockchain is like a database ledger that records all transaction records. This technology has gradually attracted the attention of the banking and financial industries because of its safety and convenience. According to forecasts, by 2025, half of global GDP will10% of relevant information will be saved using blockchain technology. Blockchain technology is facing a blue ocean, and related concept stocks have become popular. Among A-share listed companies, it is recommended to focus on leading concept stocks: Feitian Chengxin and Yuyin Shares. As the speculation ferments in the market outlook, other concept stocks are expected to follow suit and rise.
Blockchain stocks? Blockchain technology concept stocks? The stock trading part is very simple, but the clearing and settlement process becomes complicated, and blockchain transactions can greatly simplify this part of the transaction.
The convenience brought by blockchain is reflected in stock cash transactions, mainly reducing the time of the clearing and settlement process. Specifically, it means reducing or eliminating erroneous transactions, improving backend efficiency, and reducing settlement time.
❻ Which domestic blockchain company is the best
First of all, I will introduce the more well-known domestic blockchain companies, and then I will personally evaluate which one is better, specifically. You can judge for yourself.
1. Bubi Blockchain Company, this company provides blockchain underlying technical services and industry solutions. That is to say, an underlying blockchain is built and an adaptation layer is built on top, so that enterprises can quickly establish commercial applications. The underlying blockchain is developed by ourselves, the consensus mechanism is pbft, tps is 5,000 transactions per second, UnionPay transactions per second is 2,000, and Bitcoin transactions per second are 7. Of course, the underlying architecture is different. The performance is different. Because Bubi is a commercial blockchain, it pays more attention to performance. At present, Bubi is mainly used in the fields of digital assets, supply chain finance, supply chain traceability, publicity and notarization, etc.
2. Bu Meng Blockchain. Theoretically speaking, Bumeng should be said to be Bubi's product line, but Bubi mainly does private chain, and Bumeng does alliance chain, so separately speaking, Bumeng is Bubi's layout in digital assets. The underlying technology is Bubi blockchain, but the blockchain is encapsulated according to the scenario and provides API interfaces for enterprises. Enterprises issue their own assets on it and carry out the free circulation of assets according to the characteristics of the blockchain. Currently, Sunshine Some companies such as Insurance, Qianxiang Finance, Zhongtuobang, Haohuoah, etc. have connected. The assets include insurance policies, points, financial products and the like. In the end, it is estimated that this platform will break down the barriers between assets, and finally users can freely use and transfer these assets. This is an interesting way of playing in the blockchain industry, because it has the openness of the public chain and the security of the private chain.
3. VeChain. VeChain is a commodity ID management cloud platform based on blockchain technology. It provides enterprise-level users with commodity asset management, tracking and traceability, anti-counterfeiting verification, and new types of products in the form of BaaS. Supply chain management, etc. To simply understand, VeChain has done the “supply chain traceability” aspect of the Bubi blockchain.
4. Tongxin Huzhu, Tongxin Huzhu is a mutual aid and guarantee platform that puts some relevant information about mutual aid insurance into the blockchain. Users can apply to become nodes, participate in bookkeeping, and maintain their own data.
5. Xiaoyi. Xiaoyi is a decentralized network protocol based on blockchain technology that digitizes assets and rights in the physical world and conducts financial services such as registration and issuance, transfer transactions, clearing and delivery through a peer-to-peer network. .
These are probably the five well-known blockchain companies in China, and I personally recommend Bumeng.
First, Bumeng uses the underlying technology of Bubi blockchain, which is relatively promising in the industry and has the most practical applications in China. Enterprises can access it at low cost (just call the interface, it seems) It is also free) using blockchain technology, and you can also use the resources inside. Think about being on the same chain with many companies. In the future, resource docking will not make it easy for users to convert.
Secondly, VeChain and Tongxin Huzhu focus on a certain field and do not provide underlying technologies and industry solutions. In other words, if you are in this industry or can use it upstream and downstream of this industry, It cannot be used in other fields. Taking the field of mutual aid and security as an example, both Zhongtuobang and Zebra Club chose Bumeng. Of course, you can consider it if it is an investment.
Third, Xiaoyi, why don’t you recommend Xiaoyi? Because Xiaoyi is an open source project and everyone knows the domestic business environment. Especially when the industry has just begun to develop, the domestic market is different from that abroad. Ant has gone through two rounds of ICOs, which will be a huge worry in future operations. Moreover, Ant has not yet implemented practical applications. It has built a platform that is not used by companies yet (guess it may be related to open source factors). , Who dares to fully open their data?) Of course, Xiaoyi’s open attitude is worth encouraging. Although I guess the advantages and disadvantages of the code are clearly understood by peers, it is not clear.
Fourth, why is Bubi not recommended? Bubi also raised 30 million some time ago, because Bubi is more open and has more resources. Of course, if the business has high privacy requirements, it can also be done. Choose Bubi Blockchain.
Finally, for the sake of my hard work in answering so many questions, choose me!
❼ Advantages of Blockchain Technology Classification of Blockchain Technology
The development of Blockchain technology is becoming more and more prosperous with the continuous expansion of applications. This kind of technology comes from various The strong development momentum of industry demand has brought about rapid changes in blockchain technology, which has attracted more and more attention to the achievements of various industries. From professional technology to resources, they are constantly concentrated in this industry, thus making blockchain technology more and more popular. The development of blockchain technology has entered a new stage, and the impact brought by the development of this blockchain technology has also attracted much attention.
When talking about blockchain technology, Bitcoin has to be mentioned. Many people know that the electronic currency Bitcoin does not rely on the issuance of a specific monetary institution, but is generated through a large number of calculations by a specific algorithm. In fact, the core that truly supports Bitcoin is blockchain technology.
How does the invisible and intangible Bitcoin operate through blockchain technology? Industry flowThe traditional interpretation is that blockchain can be regarded as a technical solution for collectively maintaining reliable databases through "decentralization" and "trustlessness". In layman’s terms, this technology can be understood as a technology in which everyone participates in accounting. In the past, people used centralized servers to keep accounts, but in the blockchain technology system, everyone can participate in accounting and jointly identify Authenticity of records.
“Through this technology, even if there is no neutral third-party organization, two parties that do not trust each other can achieve cooperation. In short, the blockchain is like a ‘machine that creates trust’. "Bubi Company is a leading blockchain service provider in China. It has made many breakthroughs in the blockchain technology platform, can meet scenarios with tens of millions of users, and has the ability to quickly build upper-layer application businesses.
The blockchain technology used by all parties involved in recording and storing information adopts a decentralized distributed structure, which saves a lot of intermediary costs and can better ensure data security; at the same time, it cannot be tampered with Timestamps can effectively solve problems such as data tracking and information anti-counterfeiting.
Will it become the next trend of Internet finance?
Although blockchain emerged with Bitcoin, the derived value of this technology has transcended digital currency. Bubi Blockchain focuses on the innovation of blockchain technology and products. It already possesses a number of core technologies and has developed its own blockchain service platform. With decentralized trust as the core, we are committed to building an open value circulation network to allow digital assets to flow freely. What Bubi wants to do is to create a new technology and product - to realize real value circulation and bring the Internet to a new level. With the application of this technology, there will be no central organization when transferring assets, and direct transfer of assets between us can be achieved.
In the current international financial market, the U.S. Central Bank, Swiss Bank, and some insurance and futures companies are all competing to develop blockchain technology. Fang Liang introduced that in the Internet financial industry, blockchain technology will first affect financial infrastructure such as payment systems, securities settlement systems, and transaction databases; later, the technology will also expand to general financial services, such as credit systems and "anti-money laundering" "wait.
“The payment and clearing system in the financial field will evolve towards decentralization. The electronic ledger supported by blockchain technology is a reliable system that is error-free and cannot be tampered with. Quan and others have a profound impact." Li Yan said.
Therefore, industry insiders believe that blockchain technology may be the next trend in the Internet financial industry. As the interconnection of all things deepens, Yang Tao, assistant director of the Institute of Finance, Chinese Academy of Social Sciences, also said that blockchain will make it possible for all individuals to become important nodes in the allocation of financial resources, and will also promote the improvement of existing financial system rules. Build a shared and win-win financial development ecosystem.
Blockchain technology will impact multiple industries
"Blockchain technology has been widely used in the big data era." Li Yan said frankly that in addition to the Internet finance field, blockchain technology has been applied in many fields and has shown great prospects.
For example, the healthcare industry has benefited greatly from blockchain technology. In reality, patient private information leaks often occur, and centralized database or file cabinet management in medical departments is no longer the optimal choice. Medical institutions are using blockchain technology to keep patients' private information confidential.
In addition, blockchain technology also has important legal implications. In some civil fields, it is often necessary to provide evidence to determine blame, and blockchain technology can record every step and help judicial authorities identify the specific responsible person.
“Especially in the field of assets, whether it is physical assets such as real estate and cars, or intangible assets such as health and reputation, this technology can be used to complete registration, transactions, and tracking. It can be said that any lack of Blockchain technology will be useful in all areas of trustful production and life.”
The development of blockchain technology has also brought about changes in the operational concepts of various industries. New technologies and new concepts have promoted The new development of various industries, the impact of this driving force on society, and the promotion of economic activities are also huge. Many new industry phenomena will occur one after another, and the public is also waiting to see, expecting this brand-new technology to be used by various industries. Better benefit all industries.
❽ Which company is better at blockchain?
In terms of real estate blockchain, the Lanfang Chain platform is better at providing efficient, trustworthy and high-quality services to the entire real estate industry. online operation management services. If you have used their blockchain technology, you will know that their performance is quite outstanding in all aspects
❾ Who will control the development direction of global blockchain technology
< p>The development of blockchain? Now is an era where technology drives financial development. The driving factors of technology have evolved from the earliest Internet information to big data, cloud computing, and mobile Internet in recent years. However, technological innovation is never-ending, and blockchain, as a technological driving force, has shown a vigorous development trend.As a blockchain with the concept of decentralization and distributed shared accounting technology as its core, it will be embedded in many aspects of the financial field in the future, such as credit enhancement, rights confirmation, equity registration, financial trade, Digital assets, etc. Blockchain is still in the initial stage of development. Whether it is a large institution or a small company, it is still on the path of exploration. As a distributed shared accounting technology, blockchain, the latest and most cutting-edge technology in the field of financial technology, allows participating parties to establish trusting relationships at the technical level in a larger sense. At present, this technology has a lot of room for imagination whether it is used in equity registration, rights confirmation, clearing and settlement in the financial field, or in the field of logistics and traceability of product verification. Bubi Blockchain pointed out that at present, more of Bubi’s technologies are focused on commercial-grade blockchain technology support services, which specifically include three areas:The first is the field of digital assets, which in addition to common points and check-in cards also includes other digital assets; the second is the field of trade finance; and the third is the field of equity, which improves the convenience of equity transactions.
The development history of blockchain? Blockchain will bring a new revolution in asset confirmation in the future. "The first generation of Internet information solved the problem of free transmission of information, but it did not solve the problems of decentralization and asset ownership." This problem cannot be underestimated. At the capital market level, if any technology can transform things whose property rights were originally uncertain, Once property rights are clarified, it will be a huge change for the entire market. In addition, blockchain will also lead to huge changes in the field of credit enhancement. It is reported that China currently has about 700 million Internet users. “If every Internet user can increase their credit limit by tens of thousands of dollars through blockchain technology, then the increased credit limit nationwide will be trillions, and it will be proven at the blockchain level that all your credit is in the global Universal." Three things will happen in Internet finance in the future. First, a good matching model between the asset side and the liability side; second, intelligent investment with follow-up investment and suggestion and notification as the two main modes; third , blockchain.
“The blockchain model as a foundation rather than a business model will solve a large number of credit problems. The largest blockchain market in the next 3 to 5 years should be in China.”
Introduction to Bubi Blockchain
Bubi Blockchain has been focusing on the research and development and innovation of blockchain technology and products since its establishment. It has a number of core technologies and has achieved substantial results in many aspects. Radical innovation has resulted in a number of core technological achievements, such as: mathematically provable distributed consensus technology, fast large-scale ledger access technology, multi-chain general ledger technology that supports business expansion, and interconnection technology between heterogeneous blockchains. wait. On April 25, "Gege Points" introduced the concept of blockchain into the points system, jointly opened it up with multiple parties, issued and redeemed points, and promoted the circulation of points. Each cooperative institution can jointly participate in transaction verification, ledger storage, and real-time settlement; the third-party payment platform of the enterprise points issuer makes the entry and exit of points more flexible. Bubi has developed its own basic blockchain service platform, which has been applied in equity, supply chain, points, credit and other fields. Bubi has been committed to building an open value circulation network with decentralized trust as the core, allowing digital assets to flow freely.
Does blockchain solve any problems?
The most important thing about blockchain is that it solves the problem of intermediary credit. In the past, it was difficult for two people who did not know and trust each other to achieve collaboration, and they had to rely on a third party. For example, in payment behavior, any kind of transfer in the past required the existence of an institution such as a bank or Alipay. However, through blockchain technology, Bitcoin is the first time that humans have realized the transfer behavior that both parties can trust without the participation of any intermediary agency. This is a major breakthrough for blockchain.
The development of blockchain? Blockchain development history?
Blockchain technology is the underlying technology of Bitcoin. In the early days, not many people paid attention to the underlying technology of Bitcoin. But when Bitcoin is operated and managed without any centralized organization, it has been running very stably for many years without any problems. Therefore, many people have noticed that the underlying technology may have a large mechanism, and it may not only be used in Bitcoin, but may be applied in many fields. So the Bitcoin technology was abstracted and called blockchain technology, or distributed ledger technology. So from a certain perspective, Bitcoin can be seen as the first application of blockchain, and blockchain is more similar to underlying technologies such as TCP/IP, which will expand to more and more industries in the future.
❿ The future development prospects of blockchain
1. Blockchain has become the forefront of global technological development and opened up a new track for international competition. Blockchain will become a new key infrastructure to further accelerate the development of the digital economy, lead a new round of global technological change and industrial change, and become the "source" of technological innovation and model innovation. The world's major developed countries will further pay attention to blockchain technology, intensively introduce relevant policy plans, increase industrial support and guidance, and enhance the competitiveness of their country's blockchain technology and industry.
2. The digital currency bubble gradually cools down. With the spread and popularization of the concept of blockchain technology, more and more people will realize that Bitcoin is not the same as blockchain, and various air coins will be gradually eliminated. Blockchain technology innovation will return to a more rational track. Technical features such as decentralization, multi-party collaboration, and anti-calculation tampering will be highly valued by relevant industries. Some industries with strong innovation capabilities will continue to emerge with blockchain applications that have been transformed based on industry characteristics.