什么事是区块链产业
区块链产业拓展是一个充满活力的新兴行业,它不仅可以提高企业的效率,还可以有效地改善行业的竞争力。下面我们来看看区块链产业拓展的三个关键词:
区块链技术:区块链技术是一项新兴技术,它可以让企业实现更高效的企业管理,减少记录和审计的成本,提高企业的运营效率。区块链技术的核心特点是去中心化、不可篡改、高安全性等,可以有效地保护企业的数据安全,提高企业的竞争力。
数字货币:数字货币是一种新型的虚拟货币,它是基于区块链技术开发的,可以在互联网上进行安全的货币交易。数字货币的优势在于它可以跨越地域和时间的限制,可以更快捷地完成货币交易,从而提高企业的财务效率。
智能合约:智能合约是基于区块链技术开发的一种合约,它可以自动完成合约的执行和记录,从而提高企业的效率。智能合约可以减少企业的合同审计成本,可以更快捷地完成合同的签署,可以有效地防止合同的误解和欺诈。
以上就是区块链产业拓展的三个关键词:区块链技术、数字货币和智能合约,它们都可以极大地提高企业的效率,改善企业的竞争力。
请查看相关英文文档
⑴ Briefly explain what blockchain is
Blockchain is a term in the field of information technology. In essence, it is a shared database, and the data or information stored in it has the characteristics of "unforgeable", "full traces left", "traceable", "open and transparent" and "collectively maintained". Based on these characteristics, blockchain technology has laid a solid foundation of "trust" and created a reliable "cooperation" mechanism, which has broad application prospects.
On January 10, 2019, the Cyberspace Administration of China issued the "Blockchain Information Service Management Regulations". On October 24, 2019, during the 18th collective study session of the Political Bureau of the CPC Central Committee, General Secretary Xi Jinping emphasized, “use blockchain as an important breakthrough for independent innovation of core technologies” and “accelerate the development of blockchain technology and industrial innovation.” . "Blockchain" has entered the public eye and become the focus of society.
On December 2, 2019, the word was selected into the top ten buzzwords of 2019 by "Biwenqiezi".
(1) What is the blockchain industry? Extended reading:
Blockchain financial applications:
Since 2016 , major financial giants have also caught wind of this and launched blockchain innovation projects one after another to explore the possibility of applying blockchain technology in various financial scenarios. In particular, Puyin Group took the lead in pioneering the “blockchain+” standard digital currency.
The standard digital currency is an asset that has been identified, evaluated, confirmed, insured, etc. by a third-party organization and written into the blockchain through rigorous digital algorithms to form a standard correspondence between the asset and the digital currency. relationship, called a standard digital currency.
In order to realize the great leap forward development of blockchain finance, in order to promote the new development of China's economy, accelerate the circulation of global assets, and realize the dream of rejuvenation that generations of people have been striving for, Puyin Group will Puyin Blockchain Finance Guiyang Strategy Release Ceremony was held in Guizhou on the 9th;
At the meeting, the digital circulation of assets through blockchain, the blockchain financial transaction model, and the relationship between blockchain services and blockchain services will be discussed. The application of social public industries will be discussed. This conference will mark the beginning of the application of blockchain finance and the transformation and development of a new financial ecosystem.
⑵ What does blockchain mean and how to understand it?
Blockchain is a new application model of computer technology such as distributed data storage, point-to-point transmission, consensus mechanism, and encryption algorithm.
Blockchain is an important concept of Bitcoin. It is essentially a decentralized database. As the underlying technology of Bitcoin, it is a series of related data generated using cryptography methods. Each data block contains a batch of Bitcoin network transaction information, which is used to verify the validity of the information (anti-counterfeiting) and generate the next block.
Notes
1. Blockchain originated from Bitcoin. On November 1, 2008, a person who called himself Satoshi Nakamoto published the article "Bitcoin: A Peer-to-Peer Electronic Cash System", explaining the technology based on P2P network , encryption technology, time stamp technology, blockchain technology, etc., which marks the birth of Bitcoin.
Two months later, the theory came into practice, and on January 3, 2009, the first genesis block with serial number 0 was born. A few days later, block number 1 appeared on January 9, 2009, and was connected to the genesis block number 0 to form a chain, marking the birth of the blockchain.
2. In order to realize the great leap forward development of blockchain finance, in order to promote the new development of China’s economy, accelerate the circulation of global assets, and realize the dream of rejuvenation that generations have been striving for, Puyin Group launched the On the 9th, a Puyin Blockchain Finance Guiyang Strategy Release Ceremony was held in Guizhou. At the meeting, the digital circulation of assets through blockchain, the blockchain financial transaction model, and the application of blockchain services and social public industries will be discussed. Explore.
⑶ What is the concept of blockchain
Concept: Blockchain is a new application model of computer technology such as distributed data storage, point-to-point transmission, consensus mechanism, and encryption algorithm.
The essence of the blockchain is a distributed public ledger. Anyone can verify this ledger, but no single user can control it. Participants in a blockchain system jointly maintain a ledger: it can only be modified according to strict rules and consensus.
The development of blockchain has gone through three stages:
1. Incubation period: 2009-2012, the economic form was dominated by Bitcoin and its industrial ecology.
2. Embryonic period: The period is from 2012 to 2015. Blockchain entered the public eye with Bitcoin, new wallet payment and remittance companies appeared, and the blockchain economy spread to the financial field. The underlying technology of blockchain continues to innovate. Blockchain technology is divorced from the Bitcoin system.
3. Development period: In 2016, industry applications began to be explored, and a large number of blockchain startups emerged. The popularity of ICO in 2017 brought unprecedented attention to blockchain.
(3) What is the blockchain industry? Extended reading:
Three characteristics of the three blockchains:
1. The core idea of the blockchain is decentralization: in the blockchain system, the rights and obligations between any nodes are equal, and all nodes have the ability to vote with computing power, thus ensuring recognition. The result is recognized by more than half of the nodes. Even if it suffers a severe hacker attack, as long as the number of nodes controlled by the hacker does not exceed half of the total number of global nodes, the system will still be able to operate normally and the data will not be tampered with.
2. The biggest disruption of blockchain lies in the establishment of credit: in theory, blockchain technology can allow WeChat paymentand Alipay no longer have any existence value. The Economist made a vivid metaphor for blockchain: simply put, it is “a machine that creates trust.” Blockchain allows people to collaborate without trusting each other and without a neutral central authority. Combating counterfeit currency and financial fraud will no longer be needed in the future.
3. The collective maintenance of blockchain can reduce costs: In a centralized network system, the maintenance and operation of the system rely on the operation, maintenance and operation of platforms such as data centers, and costs cannot be omitted. Anyone can participate in the nodes of the blockchain. While participating in the recording, each node also verifies the correctness of the recording results of other nodes, which improves maintenance efficiency and reduces costs.
In one sentence, blockchain touches money, trust and power, which are the fundamental foundations on which human beings rely for survival.
⑷ What is blockchain in simple terms
Blockchain is a term in the field of information technology. Essentially, it is a shared database. The data or information stored in it has the characteristics of "unforgeability", "whole process traceability", "traceability", "openness and transparency" and "collective maintenance". Based on these characteristics, blockchain technology has laid a solid foundation of "trust" and created a reliable "cooperation" mechanism, which has broad application prospects.
On January 10, 2019, the Cyberspace Administration of China issued the "Blockchain Information Service Management Regulations". Blockchain has entered the public eye and become the focus of society. From a technological perspective, blockchain involves many technological issues such as mathematics, cryptography, the Internet, and computer programming.
Extended information:
From an application perspective, in short, blockchain is a distributed shared ledger and database, which is decentralized, non-tampering, traceable, traceable, and collective. Maintenance, openness and transparency. These characteristics ensure the "honesty" and "transparency" of the blockchain and lay the foundation for establishing trust in the blockchain. The rich application scenarios of blockchain are basically based on the fact that blockchain can solve the problem of information asymmetry and achieve cooperation, trust and coordinated action among multiple entities.
Blockchain is a new application model of computer technology such as distributed data storage, point-to-point transmission, consensus mechanism and encryption algorithm. Blockchain is an important concept of Bitcoin. Essentially, it is a decentralized database. At the same time, as the underlying technology of Bitcoin, it is a series of data blocks associated with cryptographic methods. Each data block contains a batch of Bitcoin network transaction information to verify the validity of its information (anti-counterfeiting) and generate the next data block [8]. In fact, the word blockchain does not appear in the original English Bitcoin white paper, but blockchain. In the Chinese translation of the earliest Bitcoin white paper [9], blockchain was translated into blockchain language. This is the earliest time when the Chinese word "blockchain" appeared.
⑸ Popular explanation of what blockchain is
Question 1: What is blockchain? Can you explain the principles of 10-point blockchain in plain language? : go to the centerA distributed accounting system
The core of blockchain technology is that all currently participating nodes jointly maintain transactions and databases. It makes transactions based on cryptographic principles rather than trust, so that any two parties who reach an agreement can directly Payment transactions are carried out without the involvement of a third party.
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Technically speaking, a block is a data structure that records transactions, reflecting the flow of funds for a transaction. The blocks of transactions that have been reached in the system are connected together to form a main chain, and all nodes participating in the calculation record the main chain or part of the main chain. A block contains the following three parts: transaction information, hash hash formed by the previous block, and random number. Transaction information is the task data carried by the block, specifically including the private keys of both parties to the transaction, the number of transactions, the digital signature of electronic currency, etc.; the hash formed by the previous block is used to connect the blocks to realize the past The order of transactions; random numbers are the core of transaction completion. All miner nodes compete to calculate the answer to the random number. The node that gets the answer the fastest generates a new block and broadcasts it to all nodes for update, thus completing a transaction.
1.1 What is Blockchain
Blockchain (BlockChain) refers to a technical solution that collectively maintains a reliable database through decentralization and trustlessness. This technical solution mainly allows any number of nodes participating in the system to associate and generate a series of data blocks (blocks) using cryptographic methods. Each data block contains all the information exchange data of the system within a certain period of time, and generates The data fingerprint is used to verify the validity of its information and chain to the next database block.
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In layman’s terms, blockchain technology refers to a way for all people to participate in accounting. Behind all systems there is a database, which is a big ledger. Then who will keep this ledger becomes very important. At present, it is whoever owns the system who keeps the accounts. Each bank’s account books are kept by each bank, and Alipay’s account books are kept by Alibaba. But now in the blockchain system, everyone in the system has the opportunity to participate in accounting. If there are new transaction data changes within a certain period of time, everyone in the system can do accounting. The system will judge the person who has the fastest and best accounting during this period, write the recorded content to the ledger, and Send the contents of the ledger during this period to all other people in the system for backup. In this way, everyone in the system has a complete ledger. Therefore, this data becomes very safe. A tamperer needs to modify more than half of the system node data at the same time to truly tamper with the data. Such tampering would be extremely costly, making it nearly impossible. For example, Bitcoin has been running for more than 7 years. Countless hackers around the world have tried to attack Bitcoin, but so far there have been no transaction errors. It can be considered that the Bitcoin blockchain has been proven to be a safe and reliable system.
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1.2 Why are there blockchain innovations?New
Human beings need to communicate during their activities, and communication is based on information. In the past, information circulation was not convenient enough to meet the information needs of market participants, so intermediaries and centers were born. This centralized system has problems such as high cost, low efficiency, value dispersion, "information islands" and insecure data storage. However, due to technical and environmental factors, this system continued to operate for many years until the emergence of the Internet. The starting point of the first generation of the Internet is the TCP/IP protocol, which is an open code that implements a unified format for peer-to-peer transmission of information by all nodes on the network, and brings the basic values of freedom and equality required by a global unified market into programmed, protocol-based, and reliably Execution. The Internet eliminates low-value, high-cost intermediate chains and achieves low-cost and high-efficiency global information transmission in a decentralized manner.
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However, the first generation of the Internet did not solve the problem of information credibility. Activities that can be decentralized on the Internet must be activities that do not require credit endorsement, and activities that require credit guarantee must be activities involving centralized third-party intermediaries. Therefore, Internet technology that cannot establish global credit has encountered great obstacles in its progress - people cannot participate in any value exchange activities on the Internet in a decentralized manner. To realize value exchange, people still need third-party intermediaries based on credit (such as banks, clearing agencies, exchanges). The global centralized credit system still has problems such as high operating costs, low efficiency, and vulnerability to attacks and damage. For example, each country's legal currency has different credit values and incompatible clearing systems, which adds a lot of cost to global trade.
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Therefore, what the second generation Internet must break through is: how to establish global credit in a decentralized manner? Let...>>
Question 2: What is blockchain? What does it mean in layman’s terms? What is China’s attitude towards blockchain? 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.
Blockchain is an important concept of Bitcoin. It is essentially a decentralized database and serves as the underlying technology of Bitcoin. One of the most basic characteristics of Bitcoin is decentralization. In recent months, financial giants have gradually begun to pay attention to Bitcoin's technology and used it in non-monetary fields, such as stock trading, election voting, etc. (1) Art Industry
Artists can use blockchain technology to declare ownership and issue numberable, 100% edition works in digital form for any type of artwork. There's even a marketplace where artists can trade through their websiteBuy and sell without any intermediary services.
(2), Real estate industry
Use blockchain technology to solve various problems faced by everyone involved in real estate, including the naming process, land registration, agency intermediaries, etc.
(3), Insurance Industry
The financial industry has always been the most sensitive to advanced technology. Traditional banking and securities industry giants have been involved in the booming blockchain venture capital investment since 2014, with the total global investment reaching US$1 billion within two years.
(4) P2P wallet
Personal assets can be traded through this P2P wallet in the future without going through any central institution, such as Bitcoin.
Most blockchains are in their infancy, mainly overseas. There are very few good domestic blockchain projects, so it is not recommended for any non-professionals to invest in blockchain projects. If you are very interested in blockchain technology and have a technical or financial background, it is recommended that you consider starting a business in this area. In terms of the blockchain protocol system, the lowest layer is the underlying technology of the blockchain, including the technical protocols of the blockchain, as well as some platform routing and basic algorithms; in the middle layer, some application interfaces and some credentials must be solved Issuance and verification, including some industry platform services, big data analysis, etc. This is a very rough classification, and there should be more detailed classifications; the top ones are some applications of blockchain, including finance Some applications and some applications in other aspects, the Internet of Things and so on.
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.
A simple understanding of blockchain is a technology underlying Bitcoin, which is also a peer-to-peer electronic cash system that can realize peer-to-peer value delivery. We should distinguish between Bitcoin, Bitcoin blockchain, blockchain and blockchain. Blockchain technology and other concepts. In countries with relatively developed finance in the past, finance and blockchain technology have a long history, and the legislation of digital currencies and blockchain networks is also very important. With the advent of the financial era, large financial institutions are studying blockchain technology, and they have their own teams and conceptual technologies. Slowly, banks in various regions are also participating in digital currency discussions to apply and support the technology. Not only that, blockchain has great impact on enterprises. The influence is also huge. For larger domestic enterprises, Bubi Blockchain is also used in various equity, supply chain, points and other fields. Major domestic financial institutions and enterprises have taken a fancy to the value of new industries and developed their own With the blockchain platform, blockchain has instantly become a new innovative industry in China. In terms of overseas internationalization, the United States has already obtained 15 blockchain patents at the end of last year compared to China. Blockchain financial applications are entering a new stage in an all-round way. Various applications will become more and more in-depth, and related changes will also become more and more profound. It has attracted more and more attention and will form a huge new trend... >>
Question 3: What is blockchain technology? What exactly is blockchain? What is blockchain? 1. Data blockchain is an important concept in the Bitcoin financial system. It records transaction record data on the entire Bitcoin network, and these data are shared by all Bitcoin nodes. Through the data block, we can query each transaction record. A look at the history of Bitcoin transactions. 2. Example: There are three persons A, B, and C. All funds of A and B are kept by C. And every financial transaction must be recorded by C. Now assume that A and B each have 1 million in custody of C. Then: A spends 80,000 yuan to B, then C's account book record will subtract 80,000 yuan from A's name, and add 80,000 yuan to B's name. If B transfers 50,000 yuan to A, C will add 50,000 yuan to A's name and subtract 50,000 yuan to B's name in the account book. A spends 50,000 yuan to B, then C's account book record will subtract 50,000 yuan from A's name, and add 50,000 yuan to B's name. 3. The role of the data blockchain is similar to that of C’s account record book. It records the user’s ownership of Bitcoin and the records of all users’ Bitcoin transactions. It’s just that this “account record book” is recorded by the mining software of every Bitcoin miner on the network. If a Bitcoin transaction is confirmed by the data blockchain, the relevant information will be recorded in the data blockchain. Bitcoin’s “account record book” is called the data blockchain. All data blockchains on the network form Bitcoin’s distributed network database system. 4. The essence of data blockchain technology is a decentralized and distributed structure of data storage, transmission and certification methods. It uses data blocks to replace the current Internet's dependence on central servers, so that all data changes or transaction items are recorded. On a cloud system, the self-certification of data during data transmission is theoretically realized. In a far-reaching sense, this transcends the traditional and conventional information verification paradigm that relies on a center and reduces the cost of establishing global "credit." This point-to-point verification will produce a "basic protocol", a new form of distributed artificial intelligence, and will establish a new interface and shared interface for human brain intelligence and machine intelligence.
Question 4: What is blockchain: This explanation of blockchain is more understandable. Blockchain refers to a technical solution that collectively maintains a reliable database through decentralization and trustlessness.
In layman’s terms, blockchain technology refers to a way for all people to participate in accounting. There is a database behind all systems. You can think of the database as a big ledger. Then who will keep this ledger becomes very important. Currently, whoever owns the system keeps the accounts. Tencent keeps the accounts of WeChat, and Alibaba keeps the accounts of Taobao. But now in the blockchain system, everyone in the system has the opportunity to participate in accounting. If there are any data changes within a certain period of time, everyone in the system can do accounting. The system will judge the person who has the fastest and best accounting during this period, write his recorded content into the ledger, and record this Within a period of time, the contents of the ledger are sent to all other people in the system for backup. In this way, everyone in the system has a complete ledger. In this way, we call it blockchain technology.
Blockchain technology has become the darling of the financial community in China and has become a hot topic. Domestic Puyin Group has launched Puyin, a tea-based digital currency.
Question 5: Explain in an easy-to-understand manner what blockchain is. Blockchain can be understood as a database system in a sense. The development of blockchain can be divided into 1.0 and 2.0
1.0 is represented by Bitcoin, and its main application is virtual currency or digital currency application. The blockchain at this time can only be used for simple digital currency transactions.
2.0 is represented by the now popular ethereum (Ethereum) and the upcoming hyperledger. The blockchain at this stage can not only meet the corresponding digital currency transactions, but also use smart contracts to customize currency or asset transactions. If we use the database analogy, the emergence of smart contracts can be understood as allowing users to define functions or stored procedures in the database and call and execute them.
Different from traditional databases, the blockchain introduces consensus mechanism, incentive mechanism, p2p (network), hash and other specific elements, making it open, decentralized and non-tamperable. characteristic.
Question 6: What is blockchain? Can anyone explain it in simple terms? Blockchain is the underlying technology of Bitcoin. It is like a ledger that records all transactions. It is decentralized. What is decentralization? For example, when you buy something on Taobao, you place an order and pay it to Alipay. Alipay will not transfer the money to the seller until you receive the goods. Alipay is the third party in that center. Without it, it means decentralization, just like buying things offline. If you pay with one hand and get the goods with the other hand, there is no third party.
The blockchain itself is a series of cryptographically related data blocks generated.
Look carefully to see if it looks like a ledger. The pieces one by one are blocks, and connected together they are the blockchain.
Many companies are developing this technology, including ours, and its prospects are incredible. For details, you can go to our official website and hope to adopt it, thank you
Question 7: What is blockchain technology? What is blockchain? How to explain the concept of blockchain? People in each industry have different understandings, and relevant explanations are gradually emerging due to more and more real-life applications. With the popularization of this blockchain technology, the related results are getting bigger and bigger. If we want to understand this technology, we must have an in-depth understanding of reality.
In the past six months, the concept of blockchain has gradually become popular in China, and a blockchain whirlwind has taken off in the financial circle. Blockchain has attracted the attention and favor of more and more people in the industry due to its unique technical advantages. Blockchain technology, which is decentralized (or multi-centered), highly transparent, cannot be tampered with, and has no single point of failure, is entering the field of vision of financial institutions and enterprises. It has at least been used in digital currency, payment exchange, registration and settlement, Digital assets, traceability and anti-counterfeiting, supply chain, Internet of Things and many other fields have moved from theoretical discussions to practical applications.
"Blockchain" was first introduced with "Bitcoin" released in early 2009. Blockchain has become the basic protocol and technical application for the launch, recording, and circulation of Bitcoin. Although Bitcoin has been controversial since its inception and cannot even be regarded as a "currency" by governments and monetary authorities, the blockchain technology used in Bitcoin has been recognized by governments, including governments and monetary authorities. extensive attention.
Why has blockchain become a rapidly heating up hot technology and topic?
The most important of these may be that the launch of Bitcoin based on blockchain technology has opened up a new relationship with traditional society ( The exploration and attempt of brand-new technologies and rule systems such as Internet user identity verification, wealth confirmation, transaction records, notarization and verification, which have little connection with offline) and are fully applied in the online world (online), provide people with the opportunity to adapt to the Internet society. Development provides alternative paths and unlimited imagination.
Judging from its application in Bitcoin, blockchain is a set of new network blocks (BLOCK, also called communities) formed by combining encryption technology with the Internet. Bitcoin configuration, netizen identity verification, and Bitcoin (value) confirmation formed by mining, Bitcoin transaction records, and extended encryption of Bitcoin cross-block flow (value transfer) (added block and transaction time identification, etc. Internet protocol rules and accounting (Ledger) system including block chain, full encryption, mutual authentication, etc., including factor) registration and verification. Precisely because Bitcoin is not a substitute for offline legal currency, but an illegal currencyA new, decentralized online currency (virtual currency) issued and managed by the currency authority, mainly imitating the model of gold, and completely protected and supported by Internet basic protocols and strict encryption technology. This has also formed a set of different , are not subject to new currency rules and systems of real social laws, and can be bought, sold or exchanged with legal currency. It has been more than 8 years since Bitcoin was launched. There has been no record of funds or user information being stolen. Its security has been verified, and its efficiency and cost of fund settlement also have obvious advantages. This has made people's confidence in the blockchain technology used in Bitcoin continue to increase, and people have become more and more aware that although blockchain is a technology and protocol pioneered and applied by Bitcoin, the blockchain Chain is not the same as Bitcoin, and its application is by no means limited to Bitcoin. The application of blockchain can be decentralized or centralized; it can be a public chain model or a private chain model. Therefore, after Bitcoin, blockchain technology is also constantly developing and innovating, and constantly exploring new application fields, especially in the financial field.
The reason why blockchain is highly valued by more and more people is because the development and widespread application of the Internet have caused more and more economic exchanges and transaction activities to be conducted online, and the online world (or online world) society) is rapidly expanding, enriching and active, and online transactions must solve the efficiency and security protection issues of the parties' identity verification, value verification, transaction records, inspection and verification, etc., and require strict intermediaries and agreements (rules or constitutions). In this regard, traditional thinking and customary practices are to follow the development trajectory of the transfer of offline transactions to online and push the common rules and practices of the real (offline) society to the online (network) society. However, in practice, it is increasingly It is difficult to adapt to the needs of online transactions.
For example, for the identity verification of the parties, the natural choice is to use the information on the identity documents protected by the laws of various countries as the basis, and then add account or transaction passwords, as well as facial recognition, iris, fingerprints and other biometrics to conduct online transactions. Verification, but this method first makes the citizen identity information in the cross-border interconnected online world subject to the administrative jurisdiction of real society... >>
Question 8: Easy to understand Explain clearly what is blockchain. The English name of blockchain is Blockchain. Block literally means block, block, and chain means chain, chain. Therefore, together they are translated into blockchain.
1. Use cryptography technology to encrypt and decrypt so that records cannot be tampered with. Common blockchain encryption methods include hash algorithm, RSA algorithm, elliptic curve algorithm, etc.;
2. The huge amount of calculation needs to be supported by a reasonable reward mechanism. Because every transaction must be recorded, Bitcoin’s blockchain has more than 60 gigabytes so far. Every new transaction requires confirmation of the information related to the trading account.Once, the transaction can be confirmed to be valid. The huge amount of calculation requires a computer with powerful computing power to complete.
In order to encourage the participation of powerful computing power, Bitcoin provides two rewards: one is to issue a certain number of bitcoins to these computers every day; instead, all transfer fees are awarded to these computers. (The technical term for these computers is "mining machines", and the people who hold the mining machines are called "miners".)
Biying China is working hard on asset digitization and launched the digital currency crowdfunding platform Biying China.
Question 9: What is the so-called "blockchain"? Blockchain itself is a tool called decentralization and trustlessness. For example, when you graduate from university, the current practice is to have a certificate recognized and issued by an authoritative agency as your certificate. This setting is more troublesome, because this is a piece of paper, and paper can be forged, so there will be various gaps. The issuing authority is also a person, and there will be various gaps in the middle. As long as it is related to people, whoever There are various possibilities related to media. The blockchain provides a great opportunity. As soon as you graduate, you will have a record on the blockchain. No one can change this record. This thing exists objectively. You, as a physical existence , and then as a data existence, the blockchain was born. In this case, anyone who wants to check where you graduated can easily solve the problem. This is similar to the big data often involved in social networking (WeChat) and payment platforms (Alipay, Yibao).
Question 10: What does blockchain mean? Regarding blockchain, I think you have already seen the concept on the Internet. Let me explain it based on my understanding!
First, let’s talk about its characteristics: 1. Openness and transparency 2. Decentralization 3. Anonymity 4. Information cannot be tampered with and eliminated 5. No trust cost
Blockchain is like a public ledger , everyone has the right to record and read, and everyone will jointly supervise to ensure its accuracy, and the recorded content will be permanently saved, and can only be added but not deleted! However, as the number of blocks continues to increase, costs will increase and efficiency will decrease. (I’m not sure whether technology can be used to make up for this. I hope someone who understands technology can point it out.)
Blockchain is divided into public chain, private chain, and alliance chain. Public chain: accessible to everyone, everyone has read and write permissions, completely open, transparent and decentralized. Private chain: Open to individuals or institutions, in which the owner of the private chain can set various permissions to make it partially centralized. Alliance chain: Open to specific organizations or groups, it is also "partially decentralized". According to the ledger at the beginning, members can view and transact, but cannot record and confirm bills, or require permission from the alliance. (The latter two do not have cost and efficiency issues)
Regarding blockchain countries, they have begun to recruit talents in this area. You can search online for this.Next "Central Bank Recruits Digital Currency Research and Development Staff". In addition, you can increase your understanding of blockchain by understanding its existing applications. What we usually refer to generally refers to public chains. Currently, those used abroad include Bitcoin, Ethereum and other domestic blockchains. Chain
1. Open and transparent: Every piece of data is verified by everyone and can be viewed by everyone at any time.
2. Decentralization: For example, when we shop on Taobao, we conduct transactions through the intermediary Taobao, and blockchain allows both supply and demand parties to directly contact each other for direct transactions through blockchain technology.
3. Anonymity: No personal privacy information is required to complete transactions on the blockchain, only your unique alphanumeric signature is required.
4. Information cannot be tampered with or deleted: Once the data has been verified and recorded, no one has the authority to modify it, let alone delete it!
5. No trust cost: The trust crisis in reality will not appear in the blockchain. Transactions in the blockchain do not require you to trust the other party. Only when both of you have enough "digital assets" to trade can it be carried out, and Under the supervision of the entire network, transactions will not be broken. If you have no idea about the cost of trust, just think about how many intermediaries there are in your city, or just think about Jack Ma, and you will know how big the cost of trust is.
I am still learning more about blockchain. I am Li Ailin. If you have any questions, you can discuss and learn together!
⑹ What is blockchain?
Let’s talk about some basic concepts first.
The network said that blockchain is a new usage model of computer technologies such as distributed data storage, point-to-point transmission, consensus mechanisms, and encryption algorithms. It is essentially a decentralized database, and as the underlying technology of Bitcoin, it is a series of data blocks generated by cryptography.
We try to translate "what is blockchain" into "human language".
The definition refers to the "decentralized database" nature of blockchain3354. This is very different from the traditional "centralized database" in storage, update and operation.
A centralized database can be thought of as having this shape:
For example, if I want to use Alipay to pay a Taobao seller, all data requests from when I make money to when he receives the money will be centrally processed by Alipay. The advantage of this data structure is that as long as Alipay is responsible for the efficient and safe operation of the system, others can unconditionally believe it without worrying; the disadvantage is that if there is a problem with Alipay, such as being hacked, the server being burned, a traitor appearing, and the company running away (Of course, the possibility of the above is extremely low), the balance details and other information in our Alipay will be confused.
Then some people think that this kind of low-probability event can use any technical means to avoid individual risks, and not only hand over the data to a centralized organization. For example, everyone can store and process data.
The database structure may look like this:
This picture is a schematic structural diagram of a "distributed database". Each peer is a server and they all have equal rights to record andCompute data and spread information point-to-point. At first glance, it seems that it can indeed resist the risk caused by the crash of a certain node, but it is also very confusing and inefficient intuitively. Who will handle my information, and who has the final say on the outcome?
At this time, the "consensus mechanism" in the definition of blockchain comes into play. The consensus mechanism mainly "stipulates" the following things: who will process a data request (what qualifications are required); who will verify the results (to see if he has handled it well); how to prevent processors and verifiers from colluding with each other, etc.
Some people may like to be questioned when a "rule" is made. In order to form a stronger consensus, in addition to making the rules more reasonable, they must also be more attractive so that people are interested and motivated to participate in data processing. This involves the incentive mechanism of the public chain. We will start again later when we discuss the classification of blockchain and the role of digital currencies.
When we hand over a transaction to a distributed network, there is also a "psychological threshold": there are so many nodes that can process information, and I don't know any of them (unlike Alipay, if it hurts me, I can go and file a lawsuit against it). They all have my data, why should I trust them?
At this time, encryption algorithm (the last descriptive word in the definition of blockchain) comes on stage.
In the blockchain network, the data requests we send will be encrypted according to cryptographic principles into a string of characters that the recipient cannot understand at all. Behind this encryption method is the support of a hash algorithm.
Hash algorithms can quickly convert any type of data into hash values. This change is one-way irreversible, deterministic, random, and anti-collision. Because of these characteristics, the person handling my data request could record the information for me, but they had no idea who I was or what I was doing.
So far, the working principle of the decentralized network has been introduced. But we seem to have overlooked one detail. The previous diagram is a net. Where are the pulleys and chains? Why do we call it blockchain?
To understand this matter, we need to clarify a few knowledge points first:
The previous picture is actually a "macro" database perspective, showing the basic rules and processes of the blockchain system for processing information. . And specifically at the "micro" data log level, we will find that the ledger is packaged, compressed, stored in blocks, and strung together in chronological order to form a "chain structure", like this:
Figure Each ring in can be regarded as a building block, and many links are linked together to form a blockchain. Blocks store data, unlike ordinary data storage: on a blockchain, the data in a later block contains the data in the previous block.
In order to academically explain the fields of each part of the data in the block, we tried to use a book metaphor to describe what a blockchain data structure is.
Usually, when we read a book, we read the first page, then the second and third pages. The spine is a physical existence that fixes the order of each page. Even if the book is scattered, the order of each numbered page can be determined.
Inside the blockchain, each block is labeled with a page number, and the content of the second page containsThe content of the first page, the content of the third page contains the content of the first and second pages. The tenth page contains the content of the first nine pages.
It is such a nested chain that can be traced back to the original data.
This brings up an important attribute of blockchain: traceability.
When the data in the blockchain needs to be updated, that is when new blocks are generated in sequence, the "consensus algorithm" comes into play again. This algorithm stipulates that a new block can only be formed if it is recognized by more than 51% of the nodes in the entire network. To put it bluntly, it is a matter of voting, and it can be elected if more than half of the people agree. This makes the data on the blockchain difficult to tamper with. If I were to force a change, there would be too many people to bribe and the cost would be too high to be worth it.
This is what people often call the "non-tamperable" feature of blockchain.
Another reason why blockchain gives people a sense of trust is because of "smart contracts."
Smart contracts are commitment agreements defined and automatically executed by computer programs. It is a set of transaction rules executed by code, similar to the current automatic repayment function of credit cards. If you turn on this function, you don’t have to worry about anything. The bank will automatically deduct the money you owe when it is due.
When your friend borrows money from you but doesn't remember to pay it back, or makes excuses not to pay it back, smart contracts can prevent breach of contract. Once the terms in the contract are triggered, such as when it is time to pay back the money, or there is a limit in his account, the code will automatically execute, and the money he owes you will be automatically transferred back whether he wants it or not.
Let’s briefly summarize. Blockchain technology is mainly decentralized, difficult to tamper with, and traceable, which represents more security and trustlessness. But it also brings new problems: redundancy and inefficiency, which requires many nodes to agree with the rules and actively participate.
This concludes the "drying" section. Next, let’s talk about unofficial history and the official history of blockchain.
A new technology is often used to serve a certain task.
Or goals. So where was blockchain first used, and who came up with it first?
Let's go back to 2008.
On September 21, Wall Street investment banks collapsed one after another, and the Federal Reserve announced that it would convert the only two remaining investment banks (Goldman Sachs Group and Morgan Stanley) into commercial banks; it hoped to survive the financial crisis by absorbing savings. On October 3, the Bush administration signed a $700 billion financial rescue package.
Twenty-eight days later, on November 1, 2008, a new post appeared in a cryptography mailing group: "I am developing a new electronic currency system that is completely peer-to-peer and does not require a third party. Three-party trust institution." The text of the post is a paper titled "Bitcoin: A Peer-to-Peer Electronic Cash System", signed by Satoshi Nakamoto.
The paper explains the design of this peer-to-peer electronic cash system with a more rigorous logic. It first discusses the problem that financial institutions are subject to "trust based" (based on credit), and then explains step by step how to achieve "no need for a third party"."Three Party Organizations" and cleverly solved the technical problems left by predecessors.
Two months later, Satoshi Nakamoto released the first version of the open source Bitcoin client and mined 50 Bitcoins for the first time. Generating The first batch of Bitcoin blocks is called the "Genesis block". The genesis block was compiled into block 0 and was not uploaded to the chain. It took Satoshi Nakamoto 6 days to dig out this block. This It also sparked discussion in the bitcointalk forum. Bitcoin "believers" thought of the Bible, "God created the heavens and the earth in six days, and then rested on the seventh day."
Although decentralized does not appear in the paper (decentralization), token (pass), economy (economy) and other concepts, but Satoshi Nakamoto explained in detail how blocks (Blocks) and chains (Chain) work in the network. So, there are blocks Block Chain.
This paper later became the "Bible" of the "Bit Cult", technology became the cornerstone of faith, and the developer documentation became the "Code of Hammurabi".
After that, Bitcoin enabled the first real-life payment by exchanging pizza, WikiLeaks, whose account was blocked by the US government, miraculously survived by relying on Bitcoin, Satoshi Nakamoto's "decentralization" and retirement, true and false appearances and refutation of rumors, etc. The series of legends merged the expectations, imaginations and speculations of later generations and became "Biblical stories".
There are also people who are not satisfied with the world depicted in the "Old Testament" and start new sects and write their doctrines into white papers. In the ten years since the currency, the story of their faith has been told. Just like the writing of 66 volumes of the Bible spanned 1,500 years, and after 2,000 interpretations, Christianity has divided into 33,000 branches.
CoinMarketCap shows that the types of digital currencies have There are more than 4,900 types, and the overall digital currency market size is nearly 140 million yuan. Bitcoin still leads the entire digital currency market with a market share of 66%, and the recent price has been hovering around US$7,200 per coin.
So many currencies have different characteristics With the same functions, they are divided into different categories: digital currencies represented by Bitcoin are positioned as "digital gold" and have certain value storage and hedging characteristics; digital currencies represented by Ethereum have become its network "Operating fuel" in the system; stablecoins represented by USDT and Libra have good payment properties due to their low volatility; central banks represented by DCEP issue digital currencies, replacing M0 to a certain extent, allowing commercial institutions and ordinary people to When people have no cash and are disconnected from the Internet, they do not delay receipts and payments.
It can be seen that after 10 years of development of blockchain technology, the first and largest application is digital currency.
Digital currency has also become Attractive rewards for participants to maintain the public chain.
So besides digital currencies, where else can blockchain technology be used?
Let us recall what the essence of blockchain is—— Decentralized database, and some corresponding characteristics: traceability, openness, anonymity, tamper-proof. So in theory, traditional, in scenarios where a centralized database is used, you can try to use blockchain to transform it to see if it is suitable.
Next, let’s talk about several industries and scenarios where blockchain has been successfully implemented:
Blockchain can prove the existence of a certain file or digital content at a specific time through hash timestamps, providing judicial authentication, Identity proof, property rights protection, anti-counterfeiting traceability, etc. provide perfect solutions
In the field of anti-counterfeiting traceability, blockchain technology can be widely used in various fields such as food and medicine, agricultural products, alcohol, and luxury goods through supply chain tracking.
Give two examples.
Blockchain can allow government data to be run, greatly streamlining service processes
The distributed technology of blockchain can allow government departments to be centralized on one chain, and all service processes are delivered to smart contracts, and the workers only need to be in one department Through identity authentication and electronic signature, smart contracts can be automatically processed and transferred, and all subsequent approvals and signatures can be completed in sequence.
Blockchain invoices are the earliest use of blockchain technology in China. The tax department launched the "Tax Chain" platform for blockchain electronic invoices. The tax department, the issuer, and the payee join the "Tax Chain" network through unique digital identities, truly realizing "instant invoicing for transactions" and "instant reimbursement after invoicing" - in seconds Level invoicing and minute-level reimbursement accounting significantly reduce tax collection and management costs, and effectively solve problems such as data tampering, over-reporting of one ticket, and tax evasion.
Poverty alleviation is another practical application of blockchain technology. Utilize the characteristics of openness, transparency, traceability, and non-tampering of blockchain technology to achieve transparent use, precise investment, and efficient management of poverty alleviation funds.
Give two examples as well.
The eID network identity operation agency guided by the Third Research Institute of the Ministry of Public Security is jointly developing a "digital identity chain" with Gongyilian, which will be issued to Chinese citizens based on the citizen's identity number as the root and cryptographic algorithm. Since it was put into operation, the eID digital identity system has served the full life cycle management of 100 million eIDs, effectively alleviating the problems of personal identity information being fraudulently used, abused and privacy leaked.
Odaily Planet Daily compiled 5 identity chain projects registered with the Cyberspace Administration of China
Blockchain technology naturally has financial attributes
In terms of payment and settlement, under the blockchain distributed ledger system, there are many markets Participants jointly maintain and synchronize a "general ledger" in real time. In just a few minutes, they can complete payment, clearing, and settlement tasks that currently take two or three days to complete, reducing the complexity and cost of cross-bank and cross-border transactions. At the same time, the underlying encryption technology of the blockchain ensures that participants cannot tamper with the ledger, ensuring that transaction records are transparent and safe. Regulators can easily track transactions on the chain and quickly locate high-risk capital flows.
In terms of securities issuance transactions, the traditional stock issuance process is long, costly and complex. Blockchain technology can weaken the role of underwriting institutions and help all parties establish a fast and accurate information exchange and sharing channel. The issuer can handle the issuance on its own through smart contracts. , regulatory authorities conduct unified review and verification, and investors can also bypass intermediaries for direct operations.
In terms of digital bills and supply chain finance, blockchain technology canEffectively solve the financing difficulties of small and medium-sized enterprises. It is difficult for current supply chain finance to benefit small and medium-sized enterprises in the upper reaches of the industrial chain, because they often do not have direct trade relations with core enterprises, and it is difficult for financial institutions to evaluate their credit qualifications. Based on blockchain technology, we can establish a consortium chain network covering core enterprises, upstream and downstream suppliers, financial institutions, etc. The core enterprises issue accounts receivable vouchers to their suppliers. After the bills are digitized and uploaded to the chain, they can be uploaded to the supplier Transfer between them, each level of supplier can realize the corresponding amount of financing with the digital bill certificate.
Give me an example.
The China Enterprise Cloud Chain, jointly launched by ICBC, Postal Savings Bank of China, 11 central enterprises, etc., has covered 48,000 companies since its establishment in 2017, with the amount of rights confirmed on the chain reaching 100 billion yuan, and factoring financing of 57 billion yuan. , cumulative transactions reached 300 billion yuan. After receiving the loan application, financial institutions can verify the authenticity of the contract on the chain and whether the contract has been verified multiple times (multiple loans); the smart contract automatically clears and settles, reducing costs and increasing efficiency; at the same time, the accounts payable of core enterprises can have The corresponding vouchers will be split by the first-level suppliers and handed over to the second- and third-level suppliers in the chain to help them with financing; core enterprises can also use this to understand whether the entire chain is operating normally and avoid emergencies. Redemption pressure.
Blockchain technology will greatly optimize the existing use of big data and play a huge role in data circulation and sharing
The aforementioned areas are areas that we are relatively familiar with. As more new technologies develop, blockchain may be able to be combined with them and play a role in unexpected cross-fields and new scenarios that are currently unforeseen.
In the future, the Internet, artificial intelligence, and the Internet of Things will generate massive amounts of data. The existing centralized data storage (computing model) will face huge challenges. Edge storage (computing) based on blockchain technology is expected to become a future solution. Furthermore, the non-tampering and traceability mechanism of blockchain ensures the authenticity and high quality of data, which becomes the basis for the use of all data such as big data, deep learning, and artificial intelligence.
Finally, blockchain can realize multi-party collaborative data calculations while protecting data privacy, and is expected to solve the problems of "data monopoly" and "data islands" and realize the value of data circulation.
In response to the current blockchain development stage, in order to meet the blockchain development and use needs of general business users, many traditional cloud service providers have begun to deploy their own BaaS ("Blockchain as a Service") solutions. The combination of blockchain and cloud computing will effectively reduce enterprise blockchain deployment costs and promote the implementation of blockchain usage scenarios. In the future, blockchain technology will also play an important role in many fields such as charity, insurance, energy, logistics, and the Internet of Things.
During this trial process from traditional technology to blockchain, we found that when certain scenarios have stronger demands for traceability, tamper-proofing, and decentralization, they also have problems with the weaknesses of blockchain (such as performance). , the requirements are not high, and this field is quite suitable for combining blockchain.
At the same time, in the process of evolution, the blockchain has also developed from a highly decentralized public chain accessible to everyone to a multi-center chain with different permissions.The carefully maintained alliance chain balances the advantages and disadvantages of the two systems to a certain extent.
Typical examples of alliance chains include: FISCO BCOS jointly developed by WeBank and the Golden Alliance Open Source Working Group, Fabric, a major contribution from IBM, and Ant Alliance Chain led by Ant Blockchain, etc.
These trustless systems represent more secure data authentication and storage mechanisms, where data is effectively authenticated and protected. Businesses or individuals can exchange or enter into contracts digitally, where these contracts are embedded in code and stored in transparent, shared databases where they cannot be deleted, tampered with, or revised.
It is boldly predicted that in the future, contracts, audits, tasks, and payments will all be digitized with unique and secure signatures. Digital signatures will be permanently identified, authenticated, legalized, and stored, and cannot be tampered with. There is no need for an intermediary to guarantee each of your transactions. You can conduct transactions without knowing the basic information of the other party. While improving information security, it effectively reduces transaction costs and improves transaction efficiency.
Generally speaking, there has been a lot of progress in the implementation of blockchain compared to two years ago.
Many improvements are at the bottom of the system, and users cannot directly see that blockchain is used, but they have actually benefited from it; some applications are still in pilot mode, and users have not yet been able to experience it. In the future, blockchain is expected to be used on a large scale and become one of the Internet infrastructure.
I hope that after reading this, you have a general understanding of what blockchain is and what blockchain can do.
Related Q&A: What is blockchain
Blockchain is actually equivalent to a disintermediated database, which is composed of a series of data blocks. Each of its data blocks contains information about a Bitcoin network transaction, which is used to verify the validity of the information and generate the next block.
In a narrow sense, blockchain is a chain data structure that combines data blocks in a sequential manner in chronological order, and is cryptographically guaranteed to be non-tamperable and non-forgeable. distributed ledger.
In a broad sense, blockchain is actually a distributed infrastructure and computing method, which is used to ensure the security of data transmission and access.
Blockchain infrastructure:
Blockchain is composed of six infrastructures: data layer, network layer, consensus layer, incentive layer, contract layer and usage layer.
⑺ What is the concept of blockchain
Blockchain is a term in the field of information technology.
Essentially, it is a shared database. The data or information stored in it has the characteristics of "unforgeable", "full traces left", "traceable", "open and transparent" and "collectively maintained". . Based on these characteristics, blockchain technology has laid a solid foundation of "trust" and created a reliable "cooperation" mechanism, which has broad application prospects.
On December 2, 2019, the word was selected into the top ten buzzwords of 2019 by "Biwenqiezi".
Blockchain financial applicationsGuan:
Since 2016, major financial giants have also taken notice and launched blockchain innovation projects one after another to explore the possibility of applying blockchain technology in various financial scenarios. In particular, Puyin Group took the lead in pioneering the “blockchain”-based digital currency.
The standard digital currency is an asset that has been identified, evaluated, confirmed, insured, etc. by a third-party organization and written into the blockchain through a rigorous digital algorithm, forming a link between the asset and the digital currency. The standard correspondence relationship is called a standard digital currency.
In order to realize the great leap forward development of blockchain finance, in order to promote the new development of China's economy, accelerate the circulation of global assets, and realize the dream of rejuvenation that generations have been striving for, Puyin Group will On December 9, the Puyin Blockchain Finance Guiyang Strategy Release Ceremony was held in Guizhou.
The meeting will discuss the digital circulation of assets through blockchain, the blockchain financial transaction model, and the application of blockchain services and social public industries. This conference will mark the beginning of the application of blockchain finance and the transformation and development of a new financial ecosystem.
⑻ What industry is blockchain?
It belongs to the information industry. Blockchain is a distributed digital ledger that records all transactions that have occurred and been unanimously approved by the system. A block is like a hard disk that saves all the above information and then encrypts it through cryptography technology. The saved information cannot be tampered with.
It can be applied in different fields, as follows:
1. Financial field
Blockchain can be used in international exchange, letters of credit, and equity registration It has potential huge application value in financial fields such as stock exchanges and stock exchanges. The application of blockchain technology in the financial industry can eliminate the need for third-party intermediaries and achieve direct point-to-point connection, thereby greatly reducing costs and quickly completing transaction payments.
2. Internet of Things and Logistics Fields
Blockchain can also be naturally combined in the Internet of Things and logistics fields. Through blockchain, logistics costs can be reduced, the production and delivery process of items can be traced, and the efficiency of supply chain management can be improved. This field is considered a promising application direction of blockchain.
(8) What is the blockchain industry? Extended reading
Characteristics and development plans of blockchain
1. Features
1. The biggest feature of blockchain technology is that it creates an integrity system in a digital society. In this system, not only is data transmission convenient, but fraud also becomes difficult.
2. Another feature of blockchain technology is that it can realize timely sharing of data and cannot be tampered with. In the field of government services, the blockchain data sharing model can realize the joint maintenance and utilization of government data across departments and regions, promote coordinated business management, and facilitate the public's work.
2. Development Plan
Major countries around the world are accelerating the development of regionalWith the development of blockchain technology, my country has a good foundation in the field of blockchain.
The "Thirteenth Five-Year Plan for National Informatization" issued by the State Council included blockchain technology, the "Thirteenth Five-Year Plan for the Development of Information Technology in China's Financial Industry" issued by the People's Bank of China, and the Ministry of Industry and Information Technology The "White Paper on China's Blockchain Technology and Application Development", which was spearheaded by the Ministry of Industry and Information Technology, clearly proposed to strengthen the basic research and development and cutting-edge layout of blockchain technology, and proposed a standardized roadmap for the development of my country's blockchain technology.
⑼ What is blockchain
Blockchain is a new application model of computer technology such as distributed data storage, point-to-point transmission, consensus mechanism, and encryption algorithm. Blockchain is an important concept of Bitcoin.
It is essentially a decentralized database, and as the underlying technology of Bitcoin, it is a series of data blocks generated using cryptographic methods. Each block of data contains a The information of batches of Bitcoin network transactions is used to verify the validity of its information (anti-counterfeiting) and generate the next block.
(9) What is the blockchain industry? Extended reading
Characteristics of blockchain:
1. Certificate deposit
The "non-tamperable" feature of blockchain provides a solution to the problem of "certificate storage" in economic and social development. As long as the authenticity of the on-chain information and data can be ensured, the blockchain can solve the problem of "storage" and "certification" of information.
For example, in the field of copyright, blockchain can be used to store electronic evidence, which can ensure that it is not tampered with, and can link original platforms, copyright bureaus, judicial agencies and other parties through distributed ledgers, which can The banquet greatly improves the efficiency of Yinxin Bank in handling infringements.
2. Sharing
The "distributed" characteristics of the blockchain can break through the "data barriers" between departments and achieve information and data sharing. Different from centralized data storage, the information on the blockchain will be distributed to each node through point-to-point broadcasting, and all information can be "truthfully recorded" through "whole network witness".