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A real blockchain

Publish: 2021-05-18 14:16:31
1.

There is no doubt that blockchain has development prospects, and the necessary condition for development prospects is to enter the mainstream market

North America blockchain infrastructure the oan (former aion network) founder and CEO Matt spoke published an article entitled "in order to successfully enter the mainstream market, blockchain projects must" eat dog food "in Forbes on July 24, in which Matt mentioned his views on how blockchain should enter the mainstream market - & quot; Eat dog food

in the science and technology circle, there is a jargon called & quot; Eat dog food Dogfood (also known as eating your own dog food) refers to companies using their own procts and becoming users of their own procts. Many high growth companies (such as Microsoft, Facebook, Amazon, apple, Netflix and Google) also test their procts by "eating dog food" or help build credibility“ "Eat dog food" is often used to find and fix bugs, but it has another value: to create reliable use cases for the company's procts

this is worth learning from blockchain projects, because blockchain projects often hold & quot; Once built, they (users) will come naturally, which habitually leaves the responsibility of creating new and interesting blockchain applications to a third party

this attitude is very common, even the well-known blockchain summit consensus 2019 also held a conference entitled & quot; Once built, they (users) will naturally come: to build a global blockchain Center & quot; To discuss how governments around the world can make efforts to attract blockchain projects while balancing regulatory, investment and innovation needs

to be fair, this strategy may be effective for blockchains that only focus on people in the currency circle. For the security token, especially for the exchange represented by the transaction, it makes more sense - "supply creates demand" is the usual idea here, especially considering that the realization of these transactions requires the construction of complex infrastructure

in contrast, "eat dog food" is more likely to be adopted by blockchain project developers who seek mainstream audiences (such as those in financial instry, manufacturing and supply chain, identity management, etc.). If blockchain technology wants to enter these mainstream fields, blockchain companies must first "eat dog food". This can not only clearly prove that blockchain technology is feasible outside the coin circle, but also highlight that blockchain can not only optimize existing use cases, but also create new use cases

and the oan team has been adhering to this concept, and relying on the oan and aion's technology stack built over the years, it has developed a financial technology platform moves for independent workers

Matt said that in the development and development of moves, the team hopes that the relevant functions of the OAN blockchain network can be brought into full play, so it will focus on the following three aspects:

1. How to use the OAN blockchain network to improve the credit efficiency of the proct

there are two main considerations to improve credit efficiency: 1) can we use the mechanism of the defi market to rece the cost of capital; 2) Can the blockchain technology be used to increase the external trust in the credit process of moves. Here, moves will form a mechanism of "pooling wisdom", so that everyone can contribute to recing credit risk and increasing the credibility of credit process, and may even develop a micro guarantee mechanism in the future. Therefore, users will be able to participate in the market established by the platform as borrowers, lenders or guarantors

How to make the interests of procts and users consistent

specifically, by connecting moves with the oan network, and with the help of digital asset aion, a relationship of interest consistency is formed between procts and users, so that users can personally experience the success of moves procts and directly participate in the oan, a blockchain network supporting moves

3. How to create the first open system of financial reputation data with moves

this open system may become a substitute for traditional credit scores or related mechanisms. Over the years, banks and financial institutions have been using Equifax, Fico or other similar institutions' scores as risk indicators, and the moves team believes that the procts they are building will be a good start - the beginning of a more perfect and modern financial reputation system. This is a long-term goal

moves supports North American mainstream carpooling, take out and other casual work economic platforms, and will be the flagship open application developed by the oan on its blockchain network. In June, moves expanded its operations from Ontario to Alberta and British Columbia into western Canada

all the initiatives of the oan team adhere to the spirit of "eating dog food" and strive to make blockchain technology enter the mainstream market as soon as possible. Blockchain is not for the minority, but for the mainstream. In addition to the oan team, many projects and institutions in the blockchain instry are also aiming at this goal. Can you say that such an excellent and targeted blockchain has no development prospects

2.

Blockchain technology is a new distributed infrastructure and computing paradigm, which uses blockchain data structure to verify and store data, uses distributed node consensus algorithm to generate and update data, uses cryptography to ensure the security of data transmission and access, and uses intelligent contract composed of automated script code to program and operate data. In short, in the blockchain system, the transaction data generated by each participant will be packaged into a data block after a period of time. The data blocks are arranged in chronological order to form a chain of data blocks. Each participant has the same data chain and cannot be tampered unilaterally, Any modification of information can only be carried out with the agreement of the agreed proportion of subjects, and only new information can be added, and the old information cannot be deleted or modified, so as to realize the information sharing and consistent decision-making among multiple subjects, and ensure that the identity of each subject and the transaction information between subjects can not be tampered with, open and transparent

the technical commonness of blockchain projects: block, account, smart contract and consensus, which constitute the general model of the current blockchain system

today, I want to tell you what is a real dragon ball for blockchain application landing and enabling traditional commerce and trade

first of all, dragon ball technology will develop the electronic business platform integration asset plan, and the cable asset payment facility will serve the upcoming block chain business application landing wave. In the future, valuable assets can be applied to all aspects like WeChat payment and Alipay, which will bring convenience to people's payment and life, and at the same time, increase sales to businesses. This is the commercial value brought by Longzhu. Based on Singapore, the Longzhu foundation in Singapore will radiate the world and aspire to become the leader of new asset technology and contribute to the circulation of global commodity trade

3.

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4. Blockchain is an important concept of digital currency bitcoin. Its initial mission is to support the formation and circulation of bitcoin. The so-called blockchain is the data blocks are combined into a specific data structure in a chain way according to the time sequence, and the data structure will not be tampered and unforgeable through cryptography. Its most important application is the scene of mutual distrust between nodes.
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