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Blockchain revolution
Publish: 2021-03-23 16:05:56
1. Liu chain has been developing this technology. In the blockchain, every record of the coming and going of funds will be accurately recorded in all the block nodes, so there is no need to worry about the data being tampered with, and there is no need to worry about one party in the transaction refusing to admit after receiving the money.
2. Blockchain technology is in its early stage, and has not yet formed a unified technical standard. Its scalability needs to be tested by large-scale practice; The application of blockchain is still in its infancy, and its application in some instries needs quantitative analysis, such as the financial instry. At present, the investment in financial infrastructure exceeds trillions. In the case that the existing technology has not been deployed and the use cases have been obtained, the financial instry will remain cautious about adopting blockchain technology; The blockchain instry is extremely short of cross-border talents who understand both technology and finance
the most valuable part of blockchain is not technology, but the idea behind it.
no technology is omnipotent, so is blockchain technology. As a trust connector, the greatest value it brings to the times is the concept of openness, openness and transparency behind it, and the spirit of building a business with trust and honesty. Based on this spirit, the blockchain technology is like the most impartial machine judge, so that every information in its hands can exist permanently in the world and be tested by future generations.
the most valuable part of blockchain is not technology, but the idea behind it.
no technology is omnipotent, so is blockchain technology. As a trust connector, the greatest value it brings to the times is the concept of openness, openness and transparency behind it, and the spirit of building a business with trust and honesty. Based on this spirit, the blockchain technology is like the most impartial machine judge, so that every information in its hands can exist permanently in the world and be tested by future generations.
3. The first instrial revolution brought steam power and factories. For the second time, there were railways and electricity. The third time has given us the convenience of Internet, digital computer and modern world
these revolutions started and ended with the creation of better and more efficient machines. But the fourth revolution, the instrial Internet of things (iiot) asserts, is coming, and it will not follow in the footsteps of its predecessors
the fourth revolution will not focus on stronger and faster machines: it will focus on machines, processing, sharing and spontaneous information behavior, fundamentally changing our relationship with tools, the world and each other
the data revolution
is not coal, steel, nor silicon. The currency of the fourth revolution will be data
a single gas turbine, coupled to the instrial Internet, generates more than four times as much data in one day as the global Twitter as a whole, but the data we analyze is less than 1%. Bill RUH, chief executive of Ge digital, predicts that digital information will overflow, and today's analysis tools are hopeless
"ten years ago, we might have introced 1TB of data every day." "Today, it's up to about 10000 TB of data," RUH told the Boston Globe. By 2020, we expect to introce about 1 million terabytes of data a day. "
the data generated by future machines is about the same as that of the library of Congress. Imagine reading every book in the library of Congress and then having to summarize what you've learned on 10 pages. The task is not only huge, but also ridiculous
the real miracle of the fourth instrial revolution will not be to proce data, but intelligent machines that can analyze these data and communicate with their peers in the network. Each networked machine will then take action to change its processes to improve efficiency and feed back its changes to the network
I hope these smart machines will bring our world economy to a climax: RUH and Ge believe that in the next 20 years, the smart machines and Internet of things instry will add 10 to 15 trillion US dollars to the global economy. Given that global gross domestic proct (GDP) was about $74 trillion in 2015, this is a huge growth
the foundation of the revolution
for the coming revolution, there are two components that are important and necessary: a centralized, instry-specific Internet communication network, such as predix of General Electric; And systematic, decentralized way, and hinder dishonest communication to promote business development
the specific iiot network must act as a hub for intelligent machines to interact with each other and with human creators. Sensors on the computer collect a large amount of data, and then filter the data in real time. In other words, it can be imagined that it happened on the basis of a machine. However, the investigation results of relay equipment and the decision made without human intervention, in order to truly build an intelligent network, the machine needs a single communication network
imagine that when the aircraft is still in the air, the sensors of the aircraft engine recognize the part that is about to fail, and then communicate with the destination airport. The engine will need maintenance and order replacement parts before landing
this intuitive machine is not a science fiction dream: it's our future
in my opinion, iiot information network is only half the success, and ultimately it is about e-commerce. Seeing it as a public road, millions of autopilot cars will run on top one day.
now, these autopilot cars run on a single system. But how do we ensure that every autopilot will obey the traffic rules? For example, how can we ensure that the vehicle does not send fraud information about its whereabouts at the time of the accident? If there are only two parties involved in the accident, then each passenger will confirm the story of his own car, and there is no way to verify the position claimed by each party
considering that decentralized, satellite based GPS will affect the situation. The system is just and connected to every car. Of course, every car can continue to lie, but it's much easier to verify which side is telling the truth
e to the nature of the GPS system and the nature of its cancellation, the autopilot car has no reason or is tampered with by its owner. This strong incentive for integrity is to promote the trade between autopilot cars, and it is necessary for owners to feel that their investment in these vehicles is safe. Br />GPS technology is for auto driving vehicle, just like network block chain technology for instrial Internet. Of course, self driving cars can run on roads without GPS, but their owners probably will not allow them to do so. Similarly, on a larger scale, machines can communicate on a single, centralized network of the instrial Internet, but only when there is no risk Blockchain is the core part of bitcoin technology. Its function is simple and similar to an account book, recording all transaction data. This account book: 1. It is stored on each bitcoin node of the Internet, and each node has a complete backup; 2. It records all bitcoin transfer transactions since the birth of bitcoin; 3. The ledger is stored in blocks, and each block contains some transaction records. Each block will record the ID of the previous block, forming a chain structure, which is called blockchain; 4. When you want to initiate a bitcoin transaction, just broadcast the transaction information to the P2P network, record your transaction information as a new block and connect it to the blockchain, and the transaction is completed
blockchain has stimulated the revolution in other places
of course, blockchain has promoted the development of e-commerce in the financial instry. But digital information packets are discrete assets like money, and blockchain can create digital records of their existence and transmission. The technology is essentially a unified ledger of records or digital events. The ledger is distributed in the network and shared by different parties, and can only be updated by the majority of these parties. Once a ledger item is created, it can never be erased
blockchain is the missing link in the revolution, because the e-commerce it inspires will define the trust between machines and stakeholders. For example, Volkswagen's recent emissions scandal. VW's tests show that its vehicles emit too much NOx, so it chooses to hide the problem to avoid subsequent inspection
although blockchain will not prevent machines or people from tampering with data, it will create transparent, shared and indelible documents about the original emission data. If this data has been created and shared through the blockchain system, Volkswagen will never embark on the road of fraud, because the difference between the two data sets is obvious
the benefits of iiot are obvious. We have developed machine to machine communication technology; Now, it's the standardization challenge between society and the next revolution. This has driven the development of database technology in the past 30 years, and we have finally seen the momentum of construction
the first mock exam is different from the other enterprises, but if we all want to benefit from the high efficiency brought by the fourth instrial revolution, we must adopt the single mode of machine to machine electronic commerce. And because the communication network has to operate commercially between voluntary participants, we have to integrate the blockchain into this system. In the need to constantly modify the data, and free information trade needs detailed environmental conditions, blockchain is the best path to a new instrial revolution.
these revolutions started and ended with the creation of better and more efficient machines. But the fourth revolution, the instrial Internet of things (iiot) asserts, is coming, and it will not follow in the footsteps of its predecessors
the fourth revolution will not focus on stronger and faster machines: it will focus on machines, processing, sharing and spontaneous information behavior, fundamentally changing our relationship with tools, the world and each other
the data revolution
is not coal, steel, nor silicon. The currency of the fourth revolution will be data
a single gas turbine, coupled to the instrial Internet, generates more than four times as much data in one day as the global Twitter as a whole, but the data we analyze is less than 1%. Bill RUH, chief executive of Ge digital, predicts that digital information will overflow, and today's analysis tools are hopeless
"ten years ago, we might have introced 1TB of data every day." "Today, it's up to about 10000 TB of data," RUH told the Boston Globe. By 2020, we expect to introce about 1 million terabytes of data a day. "
the data generated by future machines is about the same as that of the library of Congress. Imagine reading every book in the library of Congress and then having to summarize what you've learned on 10 pages. The task is not only huge, but also ridiculous
the real miracle of the fourth instrial revolution will not be to proce data, but intelligent machines that can analyze these data and communicate with their peers in the network. Each networked machine will then take action to change its processes to improve efficiency and feed back its changes to the network
I hope these smart machines will bring our world economy to a climax: RUH and Ge believe that in the next 20 years, the smart machines and Internet of things instry will add 10 to 15 trillion US dollars to the global economy. Given that global gross domestic proct (GDP) was about $74 trillion in 2015, this is a huge growth
the foundation of the revolution
for the coming revolution, there are two components that are important and necessary: a centralized, instry-specific Internet communication network, such as predix of General Electric; And systematic, decentralized way, and hinder dishonest communication to promote business development
the specific iiot network must act as a hub for intelligent machines to interact with each other and with human creators. Sensors on the computer collect a large amount of data, and then filter the data in real time. In other words, it can be imagined that it happened on the basis of a machine. However, the investigation results of relay equipment and the decision made without human intervention, in order to truly build an intelligent network, the machine needs a single communication network
imagine that when the aircraft is still in the air, the sensors of the aircraft engine recognize the part that is about to fail, and then communicate with the destination airport. The engine will need maintenance and order replacement parts before landing
this intuitive machine is not a science fiction dream: it's our future
in my opinion, iiot information network is only half the success, and ultimately it is about e-commerce. Seeing it as a public road, millions of autopilot cars will run on top one day.
now, these autopilot cars run on a single system. But how do we ensure that every autopilot will obey the traffic rules? For example, how can we ensure that the vehicle does not send fraud information about its whereabouts at the time of the accident? If there are only two parties involved in the accident, then each passenger will confirm the story of his own car, and there is no way to verify the position claimed by each party
considering that decentralized, satellite based GPS will affect the situation. The system is just and connected to every car. Of course, every car can continue to lie, but it's much easier to verify which side is telling the truth
e to the nature of the GPS system and the nature of its cancellation, the autopilot car has no reason or is tampered with by its owner. This strong incentive for integrity is to promote the trade between autopilot cars, and it is necessary for owners to feel that their investment in these vehicles is safe. Br />GPS technology is for auto driving vehicle, just like network block chain technology for instrial Internet. Of course, self driving cars can run on roads without GPS, but their owners probably will not allow them to do so. Similarly, on a larger scale, machines can communicate on a single, centralized network of the instrial Internet, but only when there is no risk Blockchain is the core part of bitcoin technology. Its function is simple and similar to an account book, recording all transaction data. This account book: 1. It is stored on each bitcoin node of the Internet, and each node has a complete backup; 2. It records all bitcoin transfer transactions since the birth of bitcoin; 3. The ledger is stored in blocks, and each block contains some transaction records. Each block will record the ID of the previous block, forming a chain structure, which is called blockchain; 4. When you want to initiate a bitcoin transaction, just broadcast the transaction information to the P2P network, record your transaction information as a new block and connect it to the blockchain, and the transaction is completed
blockchain has stimulated the revolution in other places
of course, blockchain has promoted the development of e-commerce in the financial instry. But digital information packets are discrete assets like money, and blockchain can create digital records of their existence and transmission. The technology is essentially a unified ledger of records or digital events. The ledger is distributed in the network and shared by different parties, and can only be updated by the majority of these parties. Once a ledger item is created, it can never be erased
blockchain is the missing link in the revolution, because the e-commerce it inspires will define the trust between machines and stakeholders. For example, Volkswagen's recent emissions scandal. VW's tests show that its vehicles emit too much NOx, so it chooses to hide the problem to avoid subsequent inspection
although blockchain will not prevent machines or people from tampering with data, it will create transparent, shared and indelible documents about the original emission data. If this data has been created and shared through the blockchain system, Volkswagen will never embark on the road of fraud, because the difference between the two data sets is obvious
the benefits of iiot are obvious. We have developed machine to machine communication technology; Now, it's the standardization challenge between society and the next revolution. This has driven the development of database technology in the past 30 years, and we have finally seen the momentum of construction
the first mock exam is different from the other enterprises, but if we all want to benefit from the high efficiency brought by the fourth instrial revolution, we must adopt the single mode of machine to machine electronic commerce. And because the communication network has to operate commercially between voluntary participants, we have to integrate the blockchain into this system. In the need to constantly modify the data, and free information trade needs detailed environmental conditions, blockchain is the best path to a new instrial revolution.
4. Blockchain is a distributed ledger database, and its core is the essence of trust, that is, the ledger is still used, and there are records that can not be tampered with in the ledger, Its design is as like as two peas in the traditional account:
add a signature
in each record. Each device in the block chain network maintains a complete and identical account
another feature of the block chain is that this ledger book is kept in every computer, and each one is exactly the same as the 2. This can ensure that one account book is damaged (the disk is damaged or tampered with to make it unusable), and the account books on other machines can still be used to ensure that the data will not be lost
the above two points are the core technologies for blockchain to establish trust relationship, which ensures that the data is reliable and can not be tampered with. This revolutionary realization of trust transfer between two strangers does not require the participation of intermediate institutions. With this foundation, the whole "new institutional economics" will no longer exist, and even the trust companies derived from it will be replaced, This is probably why Alipay announced the introction of block chain technology in January 2017. It is bold to predict that Internet Co will be built on the block chain in the future. What we can imagine is the property chain, food safety chain, financial service chain, chain chain and so on.
the application fields of blockchain include digital currency, token, finance, anti-counterfeiting traceability, privacy protection, supply chain, entertainment, etc. with the popularity of blockchain and bitcoin, many related top domain names have been registered, which has a great impact on the domain name instry.
add a signature
in each record. Each device in the block chain network maintains a complete and identical account
another feature of the block chain is that this ledger book is kept in every computer, and each one is exactly the same as the 2. This can ensure that one account book is damaged (the disk is damaged or tampered with to make it unusable), and the account books on other machines can still be used to ensure that the data will not be lost
the above two points are the core technologies for blockchain to establish trust relationship, which ensures that the data is reliable and can not be tampered with. This revolutionary realization of trust transfer between two strangers does not require the participation of intermediate institutions. With this foundation, the whole "new institutional economics" will no longer exist, and even the trust companies derived from it will be replaced, This is probably why Alipay announced the introction of block chain technology in January 2017. It is bold to predict that Internet Co will be built on the block chain in the future. What we can imagine is the property chain, food safety chain, financial service chain, chain chain and so on.
the application fields of blockchain include digital currency, token, finance, anti-counterfeiting traceability, privacy protection, supply chain, entertainment, etc. with the popularity of blockchain and bitcoin, many related top domain names have been registered, which has a great impact on the domain name instry.
5. What is the most essential difference in economic activities before and after the blockchain comes out
before blockchain, any transaction activity needs an intermediary. Without an intermediary, two strangers can not reach a transaction. Here comes the blockchain, replacing the intermediary with a robot, and using a set of mathematical algorithms to ensure that two strangers complete a transaction
blockchain is a machine of trust, which is its essence
"decentralization" is a result of blockchain. In economic transaction activities, the so-called "decentralisation" is nothing more than these meanings:
first, when we complete a transaction, we no longer need a third party, which is a center
secondly, all the economic activities on the blockchain no longer need the organization and system of "company" to help us complete various transactions
thirdly, when serving for a centralized organization, the centralized organization gives us jobs and wages to encourage us to better serve the cause, but the incentive mechanism on the blockchain is not established by the centralized organization.
before blockchain, any transaction activity needs an intermediary. Without an intermediary, two strangers can not reach a transaction. Here comes the blockchain, replacing the intermediary with a robot, and using a set of mathematical algorithms to ensure that two strangers complete a transaction
blockchain is a machine of trust, which is its essence
"decentralization" is a result of blockchain. In economic transaction activities, the so-called "decentralisation" is nothing more than these meanings:
first, when we complete a transaction, we no longer need a third party, which is a center
secondly, all the economic activities on the blockchain no longer need the organization and system of "company" to help us complete various transactions
thirdly, when serving for a centralized organization, the centralized organization gives us jobs and wages to encourage us to better serve the cause, but the incentive mechanism on the blockchain is not established by the centralized organization.
6. Zhao Liang, general manager of banking instry of IBM Global Enterprise Consulting Service Department, believes that blockchain technology has broad application prospects in the fields of Internet finance, such as supply chain finance, digital bills, P2P financing, e-money, microfinance, cross-border payment, collateral management and contract execution, which can better connect financial institutions and non-financial enterprises
the principle of blockchain can be more widely used in other innovative fields. For example, blockchain is expected to establish a points exchange and transaction system, which can be used for the exchange and transaction of various points, such as telecom telephone fee points, aviation mileage points, hotel accommodation points, etc. In the field of Internet of things, IBM has cooperated with Kouvola innovation in Finland to establish a trusted cargo view of the whole process of logistics in the technology of blockchain and Watson Internet of things
in fact, in the next few years, the Internet of things will become one of the most exciting and largest application fields of blockchain. Blockchain solves the trust problem and financial transactions between massive devices and nodes in the Internet of things. The Internet of things based on blockchain and e-money can enable smart appliances to automatically complete financial transactions such as paying electricity bills, while IBM Watson cognitive technology can automatically recommend a more reasonable level of electricity consumption by learning historical data, which can form a real smart grid from the perspective of the whole society
in May 2016, two Chinese blockchain enterprises announced to join the hyperledger super ledger project led by IBM and Linux foundation. Also in May, Ping An Insurance Group announced to join the international R3 alliance to jointly develop innovative business applications based on distributed shared ledger technology with other financial institutions
now, blockchain is not only as simple as having influence on Internet technology, but also to create a new decentralized next-generation business model, which is the real significance of the blockchain revolution< br />
the principle of blockchain can be more widely used in other innovative fields. For example, blockchain is expected to establish a points exchange and transaction system, which can be used for the exchange and transaction of various points, such as telecom telephone fee points, aviation mileage points, hotel accommodation points, etc. In the field of Internet of things, IBM has cooperated with Kouvola innovation in Finland to establish a trusted cargo view of the whole process of logistics in the technology of blockchain and Watson Internet of things
in fact, in the next few years, the Internet of things will become one of the most exciting and largest application fields of blockchain. Blockchain solves the trust problem and financial transactions between massive devices and nodes in the Internet of things. The Internet of things based on blockchain and e-money can enable smart appliances to automatically complete financial transactions such as paying electricity bills, while IBM Watson cognitive technology can automatically recommend a more reasonable level of electricity consumption by learning historical data, which can form a real smart grid from the perspective of the whole society
in May 2016, two Chinese blockchain enterprises announced to join the hyperledger super ledger project led by IBM and Linux foundation. Also in May, Ping An Insurance Group announced to join the international R3 alliance to jointly develop innovative business applications based on distributed shared ledger technology with other financial institutions
now, blockchain is not only as simple as having influence on Internet technology, but also to create a new decentralized next-generation business model, which is the real significance of the blockchain revolution< br />
7. From now on, the possibility of implementation is relatively small, perhaps because of this
8. Before, blockchain had many disadvantages. It is too transparent, so that the flow of assets lost its e secrecy and security, which will easily bring the loss of assets to the participants. However, on the basis of the original blockchain, DERO optimizes the intelligent contract, improves the privacy and security, and avoids the operational risk caused by the data disclosure of the participants. Currently, DERO coin has been on the coin dragon online line.
9.
Almost everyone, even those who don't believe in universal certification, has a positive view on blockchain technology, because it may change the whole world. However, it has been ten years since the invention of blockchain technology, and we still do not really use blockchain technology. Some people say that bitcoin is based on blockchain technology, so with its development, the main use of blockchain is as a payment system or value storage means
there are many examples
there is no doubt that blockchain technology can be integrated into almost all sectors of modern life (including the above sectors). However, it has been nearly 10 years since the birth of blockchain technology, and no field has replaced the original technology with blockchain technology. These ideas are good, but the technology is too slow to implement
10.
(1) Technical level. Since 2007, distributed computing has affected technical developers, so it is normal for bitcoin to appear in the field of virtual currency
(2) hardware level. The popularity of PC servers and the exponential growth of computing power (3) commercial level. The three characteristics of blockchain, namely, decentralization, distrust and extremely difficult forgery, just meet the needs of recing the trust cost and speeding up the transaction speed in financial fields such as stock trading and bank settlement (4) political level. Blockchain can rece the transaction cost to a certain extent, but the anonymity and untraceability of blockchain cause huge political risk[blockchain as the underlying technology of bitcoin was proposed at the end of 2008]
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