International blockchain knowledge
1. Blockchain is a distributed database (system) placed in a non secure environment
2. The blockchain uses cryptography to ensure that the existing data cannot be tampered with
3, the blockchain uses consensus algorithm to reach consensus on new data
the system with the above three properties is blockchain.
Fourth, decentralization. Decentralization is the most basic feature of the blockchain, which means that the blockchain no longer depends on the central processing node and realizes the distributed recording, storage and updating of data. In the traditional centralized network, attacking a central node can destroy the whole system, while in a decentralized blockchain network, attacking a single node cannot control or destroy the whole network. More than 5% of the nodes in the master network are just the beginning of gaining control. 2019 is the first year for the commercial application of blockchain technology, and the stimulation of favorable policies will make the development of blockchain technology more stable
with the application of blockchain technology graally penetrating into many fields such as digital finance and Internet, we have a clearer understanding of the value of blockchain
blockchain has formed a situation of global competition, and all countries are seizing the development opportunities, let alone China; Therefore, there is no doubt that blockchain has become a national strategy.
1. Application of blockchain technology in the banking instry the biggest feature of blockchain technology is decentralization, which will rece a lot of costs for the banking instry. The development of digital currency will make it possible for banks to realize real-time digital transactions. For example, in bill transaction, bank bill transaction always relies on the third party to realize the transfer of valuable documents. Even in electronic bill transaction,
also needs to be authenticated through the information of central bank ECDs system. The blockchain technology can realize the point-to-point value transmission, which no longer needs centralized system control. This not only speeds up the bill transmission speed, but also reces the mistakes caused by human factors. The rection of process will naturally rece the demand of the bank for personnel and save the labor cost of the bank
2, the application of blockchain technology in the insurance instry
blockchain technology also has incomparable advantages in the insurance instry. From the perspective of data management, the application of blockchain technology can effectively improve the risk management and control ability of insurance companies, including the risk supervision of insurance companies and the risk management of policyholders
the application of blockchain technology in the insurance instry can strengthen the internal risk supervision of insurance companies. Blockchain technology can record the daily operation process of insurance company on the node, realize the in-process control of the company's capital flow, investment situation, compensation amount and other business, and improve the company's risk management and control ability
3. Application of blockchain technology in the securities instry
4, blockchain technology and financial infrastructure
blockchain technology is a decentralized mechanism for value exchange, which will lead to earth shaking changes in the existing financial infrastructure characterized by centralization
5. Application of blockchain technology in supply chain, It has become an effective guarantee for enterprise bank's loan credit, financing credit and transaction credit
then, how to judge whether blockchain technology is reliable depends on two main points
first, there should be a real application scenario. No matter how small the application scenario is, it must be valuable
whether blockchain technology can finally be implemented depends on many complex factors, and one of the key points is the application scenario. To find the corresponding application scenario, we should start from the technical characteristics of blockchain itself. Blockchain technology can provide decentralized, tamper proof, safe and reliable characteristic guarantee without introcing third-party intermediaries
Second, the application of blockchain technology should be able to solve problems, not manufacturing problems
with real application scenarios, it also hit the pain points in the instry, but these are not enough to make blockchain technology truly land in the real economy and realize the integration with the real economy. Because the most critical point depends on whether the blockchain technology is applied to solve the problem
with the application of blockchain technology and the assistance of some Internet of things devices, investors can query the real-time and dynamic data of the project at any time, and can directly monitor the progress of the project in different places even without leaving home
using blockchain technology to solve the original difficult problems, combined with the real application scenarios, the implementation of blockchain technology in the real economy has become a natural thing.