Bitcoin in textbooks
Publish: 2021-05-27 14:13:44
1. On November 1, 2008, a self styled Satoshi Nakamoto posted a research report on a secret cryptography discussion group. The report expounded his new idea of electronic currency bitcoin came out
on January 3, 2009, Nakamoto g up the first batch of 50 bitcoins on a small server in Helsinki, Finland
on May 21, 2010, the first bitcoin transaction: Laszlo hanyecz, a Florida programmer, bought a $25 pizza coupon with 10000 BTC
on July 16, 2010, the price of BTC rose by US $0.08 from US $0.008. The first sharp price fluctuation shows the rise of new things
on July 17, 2010, the first bitcoin platform was established
on November 6, 2010, the price on mtgox reached $0.5, and the bitcoin economy reached $1 million
on December 7, 2010, the first portable device to portable device transaction was realized on Nokia 900, with a transaction volume of 0.42btc
on February 9, 2011, the price reached US $1 for the first time, which is equivalent to US $1. The news that BTC is equivalent to us dollar has been widely reported by the media, which has aroused people's great attention, and the number of new users has increased greatly. In the next two months, bitcoin and pound sterling, Brazilian currency, Polish currency exchange trading platform has opened
on March 18, 2011, the BTC / USD exchange rate hit a seven week low, falling to US $0.7
on August 20, 2011, the first bitcoin conference and World Expo were held in New York. Among Google trend counties, bitcoin's attention reached a new high, with a price of $11 at that time
on November 14, 2011, the price of bitcoin hit a new half year low of $1.99
on September 15, 2012, the bitcoin conference was held in London. At this time, the price of bitcoin was $11.8
on September 27, 2012, bitcoin fund was founded, and the price of bitcoin was $12.46
on November 25, 2012, the first bitcoin conference in Europe was held in Prague, Czech Republic. At this time, the price of bitcoin was $12.6
on February 19, 2013, bitcoin client v8.0 was released. At this time, the price of bitcoin was $28.66
on April 10, 2013, BTC set a record high price of $110
on May 9, 2013, BTC Chinese, the largest bitcoin reporting website www.sosobtc.com The company obtained the investment fund Union Square's US $5 million round a investment, and the price of bitcoin was US $112.09 at this time< On May 28, 2013, the Department of Homeland Security banned the virtual currency service of Liberty Reserve, a Costa Rican exchange company, for its suspected xiqian and unlicensed fund transfer business, U.S. prosecutors said that this will become the largest international xiqian lawsuit in history, with the scale of absorbing money reaching 6 billion US dollars. A large number of users, including China, will lose all their money. At this time, the price of bitcoin is 128 US dollars
in June 2013, Netcom said that the United States will withdraw from qe3, deflationary bitcoin and quantitative easing monetary policy, which are the relationship between the two
on June 27, 2013, the German Conference made a decision: holding bitcoin for more than one year will be tax-free, which is considered by the instry to recognize the legal status of bitcoin. At this time, the price of bitcoin is $102.24
on June 28, 2013, mtgox obtained the monetary service license issued by the financial crime enforcement network office of the U.S. Department of the Treasury. Transaction standardization may mean that bitcoin is on the right track, government risk is reced, and its pace of integration into the display economy will be accelerated. At the same time, it will play an exemplary role in other virtual currencies. At this time, the price of bitcoin is $97.99
on November 28, 2013, the bitcoin trading price of Mt. GOx, a popular bitcoin exchange, broke through $1000, reaching a record high of $1073
on November 29, 2013, the trading price of bitcoin on Mt. GOx, a popular exchange, hit a record high of US $1242, while the price of gold was US $1241.98 an ounce, surpassing that of gold for the first time.
on January 3, 2009, Nakamoto g up the first batch of 50 bitcoins on a small server in Helsinki, Finland
on May 21, 2010, the first bitcoin transaction: Laszlo hanyecz, a Florida programmer, bought a $25 pizza coupon with 10000 BTC
on July 16, 2010, the price of BTC rose by US $0.08 from US $0.008. The first sharp price fluctuation shows the rise of new things
on July 17, 2010, the first bitcoin platform was established
on November 6, 2010, the price on mtgox reached $0.5, and the bitcoin economy reached $1 million
on December 7, 2010, the first portable device to portable device transaction was realized on Nokia 900, with a transaction volume of 0.42btc
on February 9, 2011, the price reached US $1 for the first time, which is equivalent to US $1. The news that BTC is equivalent to us dollar has been widely reported by the media, which has aroused people's great attention, and the number of new users has increased greatly. In the next two months, bitcoin and pound sterling, Brazilian currency, Polish currency exchange trading platform has opened
on March 18, 2011, the BTC / USD exchange rate hit a seven week low, falling to US $0.7
on August 20, 2011, the first bitcoin conference and World Expo were held in New York. Among Google trend counties, bitcoin's attention reached a new high, with a price of $11 at that time
on November 14, 2011, the price of bitcoin hit a new half year low of $1.99
on September 15, 2012, the bitcoin conference was held in London. At this time, the price of bitcoin was $11.8
on September 27, 2012, bitcoin fund was founded, and the price of bitcoin was $12.46
on November 25, 2012, the first bitcoin conference in Europe was held in Prague, Czech Republic. At this time, the price of bitcoin was $12.6
on February 19, 2013, bitcoin client v8.0 was released. At this time, the price of bitcoin was $28.66
on April 10, 2013, BTC set a record high price of $110
on May 9, 2013, BTC Chinese, the largest bitcoin reporting website www.sosobtc.com The company obtained the investment fund Union Square's US $5 million round a investment, and the price of bitcoin was US $112.09 at this time< On May 28, 2013, the Department of Homeland Security banned the virtual currency service of Liberty Reserve, a Costa Rican exchange company, for its suspected xiqian and unlicensed fund transfer business, U.S. prosecutors said that this will become the largest international xiqian lawsuit in history, with the scale of absorbing money reaching 6 billion US dollars. A large number of users, including China, will lose all their money. At this time, the price of bitcoin is 128 US dollars
in June 2013, Netcom said that the United States will withdraw from qe3, deflationary bitcoin and quantitative easing monetary policy, which are the relationship between the two
on June 27, 2013, the German Conference made a decision: holding bitcoin for more than one year will be tax-free, which is considered by the instry to recognize the legal status of bitcoin. At this time, the price of bitcoin is $102.24
on June 28, 2013, mtgox obtained the monetary service license issued by the financial crime enforcement network office of the U.S. Department of the Treasury. Transaction standardization may mean that bitcoin is on the right track, government risk is reced, and its pace of integration into the display economy will be accelerated. At the same time, it will play an exemplary role in other virtual currencies. At this time, the price of bitcoin is $97.99
on November 28, 2013, the bitcoin trading price of Mt. GOx, a popular bitcoin exchange, broke through $1000, reaching a record high of $1073
on November 29, 2013, the trading price of bitcoin on Mt. GOx, a popular exchange, hit a record high of US $1242, while the price of gold was US $1241.98 an ounce, surpassing that of gold for the first time.
2. 1. Bitcoin white paper: a peer-to-peer e-cash system, written by Tsung Nakamoto. Read this white paper first, and then consider other contents
2 FORTRAN 95 programming, written by Peng Guolun
3 Introction to FORTRAN 77 and 90 / 95 programming, written by Ding Zejun
4. Out of control: the new biology of machines, society and economy
5. Necessity, written by Kevin Kelly, mentions 12 inevitable trends in the next 20 years
6. Master bitcoin, this book will provide you with the necessary knowledge to guide you into the bitcoin world
7. blockchain revolution, written by don Tapscott and Alex Tapscott, tells how the underlying technology of bitcoin has changed money, business and the world
8. Blueprint and guide of blockchain new economy, written by Melanie Swann
9. Blockchain: the concept of quantum wealth, written by Han Feng / Zhang Xiaomei
10. Logic of finance, The author is Chen Zhiwu. The work starts from the cultural and institutional genes of wealth in simple terms, so as to tell readers what the logic of finance is
related books include principles of economics, blockchain: technology driven finance, blockchain Revolution: how bitcoin's underlying technology can change money Business and the world, blockchain technology guide, illustrated blockchain, how blockchain will redefine the world, digital currency: bitcoin data reporting and operation guide, blockchain: from digital currency to credit society, intelligent age, etc. to be honest, blockchain is still a hot resource. It's mainly about judgment (whether it's valuable) and action (to get in early)
recommends a block chain related APP, called golden finance, recommends a public official account, called "Xiao Ke online". The article is rich in materials;
2 FORTRAN 95 programming, written by Peng Guolun
3 Introction to FORTRAN 77 and 90 / 95 programming, written by Ding Zejun
4. Out of control: the new biology of machines, society and economy
5. Necessity, written by Kevin Kelly, mentions 12 inevitable trends in the next 20 years
6. Master bitcoin, this book will provide you with the necessary knowledge to guide you into the bitcoin world
7. blockchain revolution, written by don Tapscott and Alex Tapscott, tells how the underlying technology of bitcoin has changed money, business and the world
8. Blueprint and guide of blockchain new economy, written by Melanie Swann
9. Blockchain: the concept of quantum wealth, written by Han Feng / Zhang Xiaomei
10. Logic of finance, The author is Chen Zhiwu. The work starts from the cultural and institutional genes of wealth in simple terms, so as to tell readers what the logic of finance is
related books include principles of economics, blockchain: technology driven finance, blockchain Revolution: how bitcoin's underlying technology can change money Business and the world, blockchain technology guide, illustrated blockchain, how blockchain will redefine the world, digital currency: bitcoin data reporting and operation guide, blockchain: from digital currency to credit society, intelligent age, etc. to be honest, blockchain is still a hot resource. It's mainly about judgment (whether it's valuable) and action (to get in early)
recommends a block chain related APP, called golden finance, recommends a public official account, called "Xiao Ke online". The article is rich in materials;
3. Ah, the transaction logic of bitcoin is generally based on a principle of a blockchain, and then as we say, it is a buy and buy out of content
4. The development history of bitcoin in China is as follows:
trading platform launched on June 9, 2011
price of bitcoin in China reached 150 yuan on June 9, 2011
registered users exceeded 8000 on May 27, 2012
trading volume on May 9, 2012 exceeded 2000
trading volume on May 27, 2012 ranked second in the world
trading volume on May 29, 2012 ranked eighth in the world
double authentication function launched on August 28, 2012
February 2013 -The price of 15 bitcoin in China returned to 100 yuan
on April 10, 2013, the trading volume reached 28600 yuan
on April 10, 2013, the price of bitcoin in China reached 1944 yuan
on April 21, 2013, the United One Foundation launched a donation of bitcoin and donated 15 bitcoin to one foundation, For Sichuan disaster relief
launch mobile phone verification function on May 15, 2013
launch recharge free service charge on July 1, 2013
launch TenPay online banking automatic recharge online on September 3, 2013
implement transaction free service charge on September 24, 2013
transaction volume exceeded 50000 on October 22, 2013
bitcoin China price reached 1300 yuan on October 22, 2013
launch market price list function on October 28, 2013
CCTV on October 30, 2013 The price of bitcoin in China reached 2630 yuan on November 9, 2013, according to the report of Taiwan's two sets of "global financial link"
PayPal, the world's largest online payment platform, announced that it will cooperate with three bitcoin payment service providers to test bitcoin payment, but the payment service is only limited to virtual proct transactions, and users can only use bitcoin to buy e-books, electronic music, electronic games, electronic music, electronic games, etc And mobile phone ringtones
bitcoin is a new type of virtual currency, which is generated by a large number of calculations based on special algorithms. According to rigorous calculations, the stock of bitcoin is limited, with a total of 21 million, no more or less. After being created, bitcoin has rapidly become a "fixed asset" pursued by Internet speculators
in February 2014, mtgox, the world's largest trading platform, went bankrupt, casting a shadow on the whole bitcoin instry. Since the middle of 2014, the price of bitcoin has been in a downward trend for a long time
on August 12, 2015, the price of a bitcoin was only close to 1700 RMB
on the afternoon of February 8, 017, the inspection team of the business management department of the people's Bank of China interviewed the main principals of nine bitcoin trading platforms in Beijing, including "China bitcoin", "bitcoin trading network", "bitcoin", "yuncoin", "Yuanbao", "btc100", "jucoin", "coin shell" and "dahonghuo", which are engaged in bitcoin trading, Report the current problems of bitcoin trading platform, prompt the possible legal risk, policy risk and technical risk of the trading platform, understand the operation of the nine trading platforms, and put forward clear requirements: it is not allowed to engage in financial business such as financing currency, participate in money laundering activities, and violate the relevant national anti money laundering and anti money laundering regulations Foreign exchange management, payment and settlement and other financial laws and regulations shall not violate the state tax and instrial and commercial advertising management laws and regulations. If any bitcoin trading platform is found to have violated the above requirements and the circumstances are serious, the inspection team will request the relevant departments to shut down and ban it according to law
References: http://money.163.com/15/0926/09/B4E9TIAH00253B0H.html
http://www.ke.com/wiki/%E6%AF%94%E7%89%B9%E5%B8%81%E4%B8%AD%E5%9B%BD
trading platform launched on June 9, 2011
price of bitcoin in China reached 150 yuan on June 9, 2011
registered users exceeded 8000 on May 27, 2012
trading volume on May 9, 2012 exceeded 2000
trading volume on May 27, 2012 ranked second in the world
trading volume on May 29, 2012 ranked eighth in the world
double authentication function launched on August 28, 2012
February 2013 -The price of 15 bitcoin in China returned to 100 yuan
on April 10, 2013, the trading volume reached 28600 yuan
on April 10, 2013, the price of bitcoin in China reached 1944 yuan
on April 21, 2013, the United One Foundation launched a donation of bitcoin and donated 15 bitcoin to one foundation, For Sichuan disaster relief
launch mobile phone verification function on May 15, 2013
launch recharge free service charge on July 1, 2013
launch TenPay online banking automatic recharge online on September 3, 2013
implement transaction free service charge on September 24, 2013
transaction volume exceeded 50000 on October 22, 2013
bitcoin China price reached 1300 yuan on October 22, 2013
launch market price list function on October 28, 2013
CCTV on October 30, 2013 The price of bitcoin in China reached 2630 yuan on November 9, 2013, according to the report of Taiwan's two sets of "global financial link"
PayPal, the world's largest online payment platform, announced that it will cooperate with three bitcoin payment service providers to test bitcoin payment, but the payment service is only limited to virtual proct transactions, and users can only use bitcoin to buy e-books, electronic music, electronic games, electronic music, electronic games, etc And mobile phone ringtones
bitcoin is a new type of virtual currency, which is generated by a large number of calculations based on special algorithms. According to rigorous calculations, the stock of bitcoin is limited, with a total of 21 million, no more or less. After being created, bitcoin has rapidly become a "fixed asset" pursued by Internet speculators
in February 2014, mtgox, the world's largest trading platform, went bankrupt, casting a shadow on the whole bitcoin instry. Since the middle of 2014, the price of bitcoin has been in a downward trend for a long time
on August 12, 2015, the price of a bitcoin was only close to 1700 RMB
on the afternoon of February 8, 017, the inspection team of the business management department of the people's Bank of China interviewed the main principals of nine bitcoin trading platforms in Beijing, including "China bitcoin", "bitcoin trading network", "bitcoin", "yuncoin", "Yuanbao", "btc100", "jucoin", "coin shell" and "dahonghuo", which are engaged in bitcoin trading, Report the current problems of bitcoin trading platform, prompt the possible legal risk, policy risk and technical risk of the trading platform, understand the operation of the nine trading platforms, and put forward clear requirements: it is not allowed to engage in financial business such as financing currency, participate in money laundering activities, and violate the relevant national anti money laundering and anti money laundering regulations Foreign exchange management, payment and settlement and other financial laws and regulations shall not violate the state tax and instrial and commercial advertising management laws and regulations. If any bitcoin trading platform is found to have violated the above requirements and the circumstances are serious, the inspection team will request the relevant departments to shut down and ban it according to law
References: http://money.163.com/15/0926/09/B4E9TIAH00253B0H.html
http://www.ke.com/wiki/%E6%AF%94%E7%89%B9%E5%B8%81%E4%B8%AD%E5%9B%BD
5. Users can buy bitcoin, and at the same time, they can use computers to do a lot of calculations according to the algorithm to "mine" bitcoin. When users "mine" bitcoin, they need to use the computer to search for 64 bit numbers, and then compete with other gold miners by repeatedly solving puzzles to provide the required numbers for the bitcoin network. If the user's computer successfully creates a set of numbers, then they will get 25 bitcoins. Due to the decentralized programming of the bitcoin system, only 25 bitcoins can be obtained every 10 minutes. By 2140, the maximum number of bitcoins in circulation will reach 21 million. In other words, bitcoin system is able to achieve self-sufficiency, resist inflation through coding, and prevent others from destroying these codes
warm tips:
1. According to the notice and announcement issued by the people's Bank of China and other departments, virtual currency is not issued by monetary authorities, does not have monetary attributes such as legal compensation and compulsion, is not a real currency, does not have the same legal status as currency, and cannot and should not be used as currency in the market, Citizens' investment and transaction of virtual currency are not protected by law
2. Before investing, it is recommended that you first understand the risks existing in the project, and clearly understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market
3. The above explanation is for reference only. Investors should not use such information to replace their independent judgment or make decisions only based on such information, which does not constitute any investment operation
response time: February 5, 2021. Please refer to the official website of Ping An Bank for the latest business changes
[Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
https://b.pingan.com.cn/paim/iknow/index.html
warm tips:
1. According to the notice and announcement issued by the people's Bank of China and other departments, virtual currency is not issued by monetary authorities, does not have monetary attributes such as legal compensation and compulsion, is not a real currency, does not have the same legal status as currency, and cannot and should not be used as currency in the market, Citizens' investment and transaction of virtual currency are not protected by law
2. Before investing, it is recommended that you first understand the risks existing in the project, and clearly understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market
3. The above explanation is for reference only. Investors should not use such information to replace their independent judgment or make decisions only based on such information, which does not constitute any investment operation
response time: February 5, 2021. Please refer to the official website of Ping An Bank for the latest business changes
[Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
https://b.pingan.com.cn/paim/iknow/index.html
6.
Novice first of all to know how to calculate your cost, recharge, trading, cash, there are fees. At least you can understand the K-line. There are a lot of people on the K-line. You can look at it casually and understand it. You need to be risk aware. Bitcoin is a high-risk and high profit investment. It may double overnight, or BMW may become a bicycle overnight. At the beginning, we suggest a small amount of investment
but it's hard to get bitcoin for indivial mining, so it's basically large-scale mining, and you need to cooperate with the mine pool. So if you still want to make money by mining, at present, the most suitable mining method is cloud mining or mining machine hosting. After all, the era of single person mining is over
7. There are probably not many books, but there are many articles about bitcoin on the Internet. I recommend several websites to you, such as bitcoin home, bibak, etc. these websites are all specifically for bitcoin, with basic knowledge of bitcoin and surrounding things. And basically these websites have links, you will find more of these websites
the future of bitcoin is still uncertain, so it is recommended that you do not set foot in it easily.
the future of bitcoin is still uncertain, so it is recommended that you do not set foot in it easily.
8. It's fake. Don't believe it. This is a Ponzi scheme on the Internet
9. What is blockchain technology? The understanding of people in each instry is different, and the relevant explanations are graally emerging because of more and more practical applications. With the popularity of this blockchain technology, the relevant achievements are also growing. If we want to understand this kind of technology, we must have a deep understanding from the reality
at present, China's economic and social credit environment is still relatively weak, and the credit cost is relatively high. Blockchain technology proposes a set of low-cost "trust" solutions to rece the credit cost of the whole society, which is of great significance to promote the development of China's credit economy. Although this technological innovation in the field of Internet finance is still immature, many big banks in the world have been competing to invest resources in research and development, which should attract the attention of China's banking instry and regulatory authorities
(1) commercial banks should do a good job in technology and talent reserve, and actively participate in the formulation of international standards
in order to guard against the risk of digital currency, China's commercial banks are unable to trade digital currency at present, and the research on technological innovation behind digital currency is lagging behind, which is slightly asymmetric with the upsurge of private research and development on blockchain in China. Nowadays, the development of blockchain technology, P2P and other emerging modes of disintermediation is graally moving from concept to application driven by the joint innovation of global large financial institutions. China's major banks should also pay close attention to the latest innovation trends of international peers, join the ranks of research and development of blockchain procts as soon as possible, and adjust their development strategies in a timely manner, Adapt to the new situation of Internet finance business operation mode. One is to set up R & D laboratories or cooperate with financial technology companies. In addition to the development of different blockchain application scenarios, it can also be combined with Inclusive Finance according to the national conditions, such as studying how to use blockchain technology to achieve low-cost fund transfer payment in economically underdeveloped areas and improve the financial services in these areas. Second, we should actively participate in the formulation of international standard agreements, strive for the right to speak, and avoid being a passive follower
(2) regulatory agencies also need to continue to pay attention to the development of the latest Internet technology and be prepared for it
first, "decentralization" brought by blockchain technology does not mean that centralized organizations are not needed in economic operation. Blockchain technology hopes to break the privilege and human manipulation, and let computer algorithm realize "credit free Notarization". But from the perspective of practice, theoretical dection can not be completely mapped to real life. For example, e to the lack of regulation, digital currency transactions such as bitcoin face high risks of speculation and money laundering. Therefore, if blockchain technology wants to become a new channel of capital circulation, it needs to have the standards of supervision and implementation to protect the interests of all parties in the market. In this regard, the regulatory authorities should formulate relevant standards and norms, especially operational norms, to ensure the rational use of financial innovation procts with strong power; At the same time, we should improve the protection of consumers' rights and interests, strengthen the ecation of financial consumer rights and interests protection, and improve consumers' awareness of risk prevention. In short, even in the "decentralized" business system, it also needs to be standardized and guaranteed by the centralized departments
secondly, the regulatory authorities should be prepared to deal with the possible changes in regulatory methods. At present, new technology has a profound impact on the monetary system of various countries, and the traditional policy framework and means of regulating economy and finance are increasingly unable to keep up with the changes of the situation. Regulatory authorities should keep pace with the times, make full use of the convenience of financial technology to improve the way of supervision and improve the means of supervision. For example, in the future, if securities lending, repurchase and margin trading can all be traded through transparent and open blockchain, the regulatory authorities can consider using the information of the public ledger to monitor the systemic risk in the market, which is not only efficient but also reliable
thirdly, regulators can actively embrace the new technology of Internet finance. As for the financial structure changed by technology, the central bank can have two kinds of reactions: monitoring and responding to the progress or taking the initiative. Kara Stein, a member of the US Securities Regulatory Commission, believes that regulators need to be in a leading position, make use of the advantages of blockchain technology and quickly respond to its potential weaknesses. The Bank of England's research further indicates that the central bank can consider issuing digital currency based on blockchain in the future, and if properly operated, it can increase financial stability
blockchain was first introced to support the formation and circulation of bitcoin, and has been recognized by people. However, different from the controversial bitcoin, the launch of blockchain technology adapts to the new era of Internet development, such as mobile Internet, Internet of everything, and Internet at any time. A large number of online transactions are in urgent need of party identity verification and transaction confirmation, greatly improving the efficiency of transaction settlement and clearing, and ensuring the security of capital and information, Blockchain technology has been paid more and more attention and attracted more and more people to explore, innovate and apply
by the end of 2015, more than 20 top financial institutions in the world have begun to explore the application of blockchain technology in finance. More and more people believe that the blockchain technology is to use the new encryption authentication technology and decentralized mechanism to maintain a complete distributed and tamper proof continuous ledger database, so that the participants in the blockchain can ensure the security of funds and information through a unified ledger system without mutual recognition and trust. This is of great significance to financial institutions and financial innovation
first, blockchain technology can rece trust risk
blockchain technology has the characteristics of open source and transparency, and system participants can know the operation rules of the system. Under the blockchain technology, because each data node can verify the authenticity and integrity of the account book content and account book construction history, to ensure that the transaction history is reliable and has not been tampered with, which is equivalent to improving the accountability of the system and recing the trust risk of the system
Second, from the perspective of enterprises, Bubi blockchain has been applied to equity, supply chain, points and other fields, and is concting experiments and application tests with exchanges and banks. Bubi blockchain focuses on the innovation of blockchain technology and procts, has a number of core technologies, and has developed its own blockchain service platform. Moreover, many blockchain innovation and entrepreneurship enterprises continue to emerge
thirdly, blockchain can drive the birth of new business models
the characteristics of blockchain technology enable it to achieve some business models that are difficult to achieve in the centralized mode. For example, in the Internet of things instry, some organizations have proposed to use blockchain technology to manage the identity, payment and maintenance tasks of tens of billions of Internet of things devices. Using blockchain technology, IOT equipment manufacturers can greatly extend the life cycle of procts and rece the cost of IOT maintenance
fourthly, blockchain technology has a flexible architecture
according to different application scenarios and user needs, blockchain technology can be divided into public chain, private chain and alliance chain, which can be selected according to the actual use of institutions
fifthly, blockchain technology is a favorable tool for sharing finance
the essence of sharing finance is to achieve the optimal allocation of financial resources by recing the asymmetry of financial information, and to ensure the implementation of the rights and interests of both parties through strict third-party authentication and supervision mechanism, so as to facilitate the transaction. Through the use of blockchain technology, financial information and financial value can be more strictly protected, and more efficient and lower cost flow can be realized, so as to realize the sharing of value and information
sixth, the openness of blockchain technology encourages innovation and collaboration
through the opening and cooperation of source code, blockchain technology can promote the cooperation among different developers, researchers and institutions, and learn from each other, so as to achieve a more efficient and secure solution. In recent years, many overseas financial institutions and commercial institutions have tried to use blockchain technology to improve their business model. In China, although this technology has not been widely recognized and applied, it has begun to attract more and more attention, and its influence is rapidly increasing. Now blockchain technology has been regarded as one of the basic protocols of the next generation of global credit authentication and value Internet, and the importance of blockchain technology to China's financial instry and financial system can not be ignored
of course, we must know that the development of blockchain technology is still at an early stage in the world, and various technical solutions, application scenarios and business models need to be further explored and improved. Especially in China, as a new concept and theory, people's cognition, research and practice of blockchain have just started. In order to overtake, catch up with and lead the world in this field, we need enough attention and more investment. It needs the active investment and positive interaction of theoretical researchers, network technologists, financial practitioners and regulatory authorities, Have the courage to explore and innovate
what is blockchain technology? People will know more and more about this technology, and play a more and more important role in reality, and are supported by many organizations, so that the popularization of blockchain in reality will enter a new application stage.
at present, China's economic and social credit environment is still relatively weak, and the credit cost is relatively high. Blockchain technology proposes a set of low-cost "trust" solutions to rece the credit cost of the whole society, which is of great significance to promote the development of China's credit economy. Although this technological innovation in the field of Internet finance is still immature, many big banks in the world have been competing to invest resources in research and development, which should attract the attention of China's banking instry and regulatory authorities
(1) commercial banks should do a good job in technology and talent reserve, and actively participate in the formulation of international standards
in order to guard against the risk of digital currency, China's commercial banks are unable to trade digital currency at present, and the research on technological innovation behind digital currency is lagging behind, which is slightly asymmetric with the upsurge of private research and development on blockchain in China. Nowadays, the development of blockchain technology, P2P and other emerging modes of disintermediation is graally moving from concept to application driven by the joint innovation of global large financial institutions. China's major banks should also pay close attention to the latest innovation trends of international peers, join the ranks of research and development of blockchain procts as soon as possible, and adjust their development strategies in a timely manner, Adapt to the new situation of Internet finance business operation mode. One is to set up R & D laboratories or cooperate with financial technology companies. In addition to the development of different blockchain application scenarios, it can also be combined with Inclusive Finance according to the national conditions, such as studying how to use blockchain technology to achieve low-cost fund transfer payment in economically underdeveloped areas and improve the financial services in these areas. Second, we should actively participate in the formulation of international standard agreements, strive for the right to speak, and avoid being a passive follower
(2) regulatory agencies also need to continue to pay attention to the development of the latest Internet technology and be prepared for it
first, "decentralization" brought by blockchain technology does not mean that centralized organizations are not needed in economic operation. Blockchain technology hopes to break the privilege and human manipulation, and let computer algorithm realize "credit free Notarization". But from the perspective of practice, theoretical dection can not be completely mapped to real life. For example, e to the lack of regulation, digital currency transactions such as bitcoin face high risks of speculation and money laundering. Therefore, if blockchain technology wants to become a new channel of capital circulation, it needs to have the standards of supervision and implementation to protect the interests of all parties in the market. In this regard, the regulatory authorities should formulate relevant standards and norms, especially operational norms, to ensure the rational use of financial innovation procts with strong power; At the same time, we should improve the protection of consumers' rights and interests, strengthen the ecation of financial consumer rights and interests protection, and improve consumers' awareness of risk prevention. In short, even in the "decentralized" business system, it also needs to be standardized and guaranteed by the centralized departments
secondly, the regulatory authorities should be prepared to deal with the possible changes in regulatory methods. At present, new technology has a profound impact on the monetary system of various countries, and the traditional policy framework and means of regulating economy and finance are increasingly unable to keep up with the changes of the situation. Regulatory authorities should keep pace with the times, make full use of the convenience of financial technology to improve the way of supervision and improve the means of supervision. For example, in the future, if securities lending, repurchase and margin trading can all be traded through transparent and open blockchain, the regulatory authorities can consider using the information of the public ledger to monitor the systemic risk in the market, which is not only efficient but also reliable
thirdly, regulators can actively embrace the new technology of Internet finance. As for the financial structure changed by technology, the central bank can have two kinds of reactions: monitoring and responding to the progress or taking the initiative. Kara Stein, a member of the US Securities Regulatory Commission, believes that regulators need to be in a leading position, make use of the advantages of blockchain technology and quickly respond to its potential weaknesses. The Bank of England's research further indicates that the central bank can consider issuing digital currency based on blockchain in the future, and if properly operated, it can increase financial stability
blockchain was first introced to support the formation and circulation of bitcoin, and has been recognized by people. However, different from the controversial bitcoin, the launch of blockchain technology adapts to the new era of Internet development, such as mobile Internet, Internet of everything, and Internet at any time. A large number of online transactions are in urgent need of party identity verification and transaction confirmation, greatly improving the efficiency of transaction settlement and clearing, and ensuring the security of capital and information, Blockchain technology has been paid more and more attention and attracted more and more people to explore, innovate and apply
by the end of 2015, more than 20 top financial institutions in the world have begun to explore the application of blockchain technology in finance. More and more people believe that the blockchain technology is to use the new encryption authentication technology and decentralized mechanism to maintain a complete distributed and tamper proof continuous ledger database, so that the participants in the blockchain can ensure the security of funds and information through a unified ledger system without mutual recognition and trust. This is of great significance to financial institutions and financial innovation
first, blockchain technology can rece trust risk
blockchain technology has the characteristics of open source and transparency, and system participants can know the operation rules of the system. Under the blockchain technology, because each data node can verify the authenticity and integrity of the account book content and account book construction history, to ensure that the transaction history is reliable and has not been tampered with, which is equivalent to improving the accountability of the system and recing the trust risk of the system
Second, from the perspective of enterprises, Bubi blockchain has been applied to equity, supply chain, points and other fields, and is concting experiments and application tests with exchanges and banks. Bubi blockchain focuses on the innovation of blockchain technology and procts, has a number of core technologies, and has developed its own blockchain service platform. Moreover, many blockchain innovation and entrepreneurship enterprises continue to emerge
thirdly, blockchain can drive the birth of new business models
the characteristics of blockchain technology enable it to achieve some business models that are difficult to achieve in the centralized mode. For example, in the Internet of things instry, some organizations have proposed to use blockchain technology to manage the identity, payment and maintenance tasks of tens of billions of Internet of things devices. Using blockchain technology, IOT equipment manufacturers can greatly extend the life cycle of procts and rece the cost of IOT maintenance
fourthly, blockchain technology has a flexible architecture
according to different application scenarios and user needs, blockchain technology can be divided into public chain, private chain and alliance chain, which can be selected according to the actual use of institutions
fifthly, blockchain technology is a favorable tool for sharing finance
the essence of sharing finance is to achieve the optimal allocation of financial resources by recing the asymmetry of financial information, and to ensure the implementation of the rights and interests of both parties through strict third-party authentication and supervision mechanism, so as to facilitate the transaction. Through the use of blockchain technology, financial information and financial value can be more strictly protected, and more efficient and lower cost flow can be realized, so as to realize the sharing of value and information
sixth, the openness of blockchain technology encourages innovation and collaboration
through the opening and cooperation of source code, blockchain technology can promote the cooperation among different developers, researchers and institutions, and learn from each other, so as to achieve a more efficient and secure solution. In recent years, many overseas financial institutions and commercial institutions have tried to use blockchain technology to improve their business model. In China, although this technology has not been widely recognized and applied, it has begun to attract more and more attention, and its influence is rapidly increasing. Now blockchain technology has been regarded as one of the basic protocols of the next generation of global credit authentication and value Internet, and the importance of blockchain technology to China's financial instry and financial system can not be ignored
of course, we must know that the development of blockchain technology is still at an early stage in the world, and various technical solutions, application scenarios and business models need to be further explored and improved. Especially in China, as a new concept and theory, people's cognition, research and practice of blockchain have just started. In order to overtake, catch up with and lead the world in this field, we need enough attention and more investment. It needs the active investment and positive interaction of theoretical researchers, network technologists, financial practitioners and regulatory authorities, Have the courage to explore and innovate
what is blockchain technology? People will know more and more about this technology, and play a more and more important role in reality, and are supported by many organizations, so that the popularization of blockchain in reality will enter a new application stage.
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