What is the application of blockchain in asset securitization
what is centralization
the so-called centralization means "ownership" or ownership by the company. For example, Tencent's q-coin, which is issued by Tencent, is a kind of centralized electronic currency, including the total amount and the issuing method, is supervised and controlled by Tencent. You can use it, trade and go shopping, but you always have to operate in the framework of Tencent, and the final right of interpretation belongs to Tencent
the issuing mode of bitcoin is preset by the program and encryption algorithm, and runs on multiple nodes all over the world. No one or organization can modify it (everyone has his own account book, so it is impossible for one person to control everyone's account book at the same time. If there is such a technology, why should it be so complicated, If you want to blackmail money into your account, you will be the richest man in the world. There is no one left, And it is not controlled by any single person or organization
take an example: for example, Lao Zhang borrows 100 yuan from Lao Li, but Lao Li is afraid that he will default, so he asks the village head to do notarization and write down the account. This is called centralization. But if you don't find the village head, you can use the loudspeaker to shout in the village: "I Lao Li lent Lao Zhang 100 yuan! Please put it in the account book. "We all put this account in our own account book. This is called decentralization
anyone who transfers money between them will release information through loudspeakers. After receiving the information, everyone will record the transaction in their own account book. With distributed ledgers, it doesn't matter if Lao Zhang or Lao Li's ledgers are lost, because Lao Zhao, Lao Ma, Lao Wang and other families have ledgers
the main advantages of blockchain are that it does not need intermediary participation, the whole process is open and transparent, and the cost is low, and the data security is high
at present, blockchain is in a stage where everyone talks about blockchain, but can't perceive its actual technical charm. Since 2017, it has graally come into our sight, and we have graally realized that bitcoin is more fierce than real estate speculation (the price of mining machinery has skyrocketed! The news is on the screen But I still don't know
so, in which fields can blockchain be applied, what kind of changes will it bring to our future life
the core key: everyone has an account book, everyone has an account book, and the information recorded in each person's account book is consistent and synchronous, and the information is completely transparent. If it is fake, it will be the public enemy of the whole people, which greatly increases the cost of data fraud
core key 2: decentralization, which does not need a central system to manage data, prevents some people from changing data and damages the interests of the majority of people
Application:
1. Account security and privacy protection: currency transfer, exchange, payment system. Blockchain can help prevent data manipulation and fraud, prevent distributed denial of service attacks (DDoS), and effectively protect users' network privacy. Key words: anti counterfeiting, anti-counterfeiting, loan payment
2. Copyright regulation and interest disputes: for example, when a song is downloaded, from the author to the procer and then to the singer, they can get payment in real time through the blockchain, without having to wait for a long time like the traditional way, or even get no reward e to right disputes. Instead of waiting for publishers to provide royalty checks, creators can freely control the process from publishing to payment through blockchain application. Key words: real time receipt, no property dispute
3. Internet of things + artificial intelligence: the intelligent devices in the Internet of things based on the blockchain will be used to monitor the real-time situation of urban infrastructure such as bridges, roads, power grids, etc. the blockchain can connect these intelligent devices together for unified management to help them monitor more efficiently. This will help people better understand how to build a smart city in the future. Key words: unified monitoring, intelligent city
4: proof of existence: in life, once you are asked to prove that you are you, that your mother is your mother, that you have never been married, that the house belongs to you, and so on, things seem very simple. Once it falls on you, it is a great trouble. The application of blockchain technology can perfectly solve the above embarrassment. At that time, all the information that belongs to you will be recorded accurately and can not be tampered with. No one has the right to change it. When the technology develops to a certain stage, birth certificate and marriage certificate may be recorded on the blockchain. Keywords: no keywords
in addition to the application scenarios mentioned above, blockchain technology can also be applied to e-commerce, data storage, logistics and other fields. As long as we grasp the characteristics of blockchain technology, it will become easy to understand.
I have seen your question. In which aspects can blockchain be applied? Below by the small series to answer for you
platform projects refer to the establishment of technical platforms to meet the needs of various blockchain application development, which can rece the threshold of application development on blockchain
application projects cover a wide range of fields, including finance, social networking, games, property rights protection, etc., and are also the fastest growing fields of blockchain assets
asset token project refers to the blockchain mapping of physical assets, that is, the physical assets on the chain. At present, there are no more than 10 varieties
01 currency
the first category is currency project, which is also the earliest blockchain project. Currency projects mainly include bitcoin and lightcoin. In addition, there is another kind of asset with the characteristics of anonymity. Its main functions include protecting the privacy of both sides of payment while realizing payment. The well-known ones are dash, monero and zcash. Currency is mainly used as the "exchange medium" in the field of blockchain assets. The exchange medium is the general equivalent you use to exchange goods. For example, gold, silver and silver bills can be used as the exchange medium in the past. At present, there are more than 2100 types of digital assets in the world, and the number of currency blockchain projects has increased rapidly recently. As of June 2018, bitcoin is still the largest market value
02 platform type
the second type is platform type blockchain project. The main function of platform type blockchain project is to establish a technical platform to meet the technical requirements of various blockchain application development; In short, platform applications allow developers to directly issue digital assets and write smart contracts on the blockchain. Smart contract is a computer program running on the blockchain database, which can be automatically executed under the conditions of its source code setting
for example, you develop a smart contract based on the house rent protocol on the blockchain. When the owner receives the rent, it will trigger the automatic execution and give the security key of the apartment to the tenant
the main function of platform blockchain projects is to establish the underlying technology platform, so that developers can do application development on the underlying technology platform. A considerable number of platforms are still in the development state. As of June 2018, Ethereum has the largest market value
03 application
the third category is application blockchain projects. Application projects are blockchain projects based on blockchain development platform (such as Ethereum), which can solve many problems in various fields of the real economy
for example, augur, Golem, vechain, omisego, which provides asset exchange and transfer services. Using blockchain technology, these projects can better solve the problems of trust and cross-border circulation. At the same time, using smart contracts and tokens on the blockchain, they can better realize automatic execution and greatly improve the efficiency of social and economic activities. Application blockchain projects cover a wide range of fields, including finance, social networking, games, property rights protection and so on. It is also the field with the fastest market value increment of blockchain projects at present
04 asset token
the fourth category is the asset token blockchain project. Asset token refers to linking the blockchain assets to physical assets such as gold and US dollars, which is the blockchain mapping of physical assets. As of February 2018, there are no more than 10 varieties. The typical representatives are usdt against US dollars, digix Dao against gold, Digix each token represents 1 gram of Gold Certified by the London Bullion Market Association. Asset token has the advantages of convenient transaction and safekeeping. First of all, asset token is more convenient for transaction. Because blockchain assets can be split, it has better liquidity
for example, at present, real estate needs to be transferred as a whole. If the real estate can be token, it can be split and purchased, which is more convenient for transaction. Secondly, the token of physical assets is more concive to custody. Gold is easy to wear out and cause losses in physical transactions, but there is no need for physical transfer after the token of physical assets, which is more concive to the custody of physical assets
A: blockchain is an encrypted database chain, that is, the transaction data in multiple timestamps / events are encrypted and linked together, and the data can not be tampered with or shared
2. Performance and logic:
A. external operation forms: bank deposit and withdrawal, remittance, account in and out, shopping, currency issuance, capital transaction, etc
B. internal logic processing (software program): after human operation, the data will be encrypted first and then stored in the database. After the program, the data will be divided into regions, such as the data in the event and time stamp will be classified and put together into a region. Multiple events and data in timestamps are associated to form a blockchain. The encrypted data can be shared, but not tampered with
C. forms of sharing: querying personal information, auditing, etc. Query permission / sharing permission: different permissions can query different data. For example, the bank can query the information of all people, and the indivial can only query the indivial
3. Most of the examples are different, but the logic processing ideas are the same, but the implementation methods and operations are different
4. Blockchain: it has the characteristics of encrypted data, tamperable data and shared data
5. Blockchain Technology: the technology of encrypting, partitioning and sharing data with editing programs
there are suggestions for guidance
application fields: finance, it, commodity sales, online shopping, etc.
The application of blockchain technology in the securities instry can increase the flexibility of securities issuance. Companies issuing securities can adopt smart contracts, and even issue securities 24 hours in an ideal state by setting the way and time of securities issuance
under the operation of smart contract, the buyer and the seller are automatically paired, and the settlement and clearing steps are automatically completed through the distributed digital registration system. The transaction records on the blockchain will not be changed casually, so the information entered has the effect of publicity in practice, so there will be no dispute about the confirmation of ownership in the stock exchange
in addition, blockchain technology makes the securities trading process more open and transparent. Through the blockchain technology, the securities instry does not need core institutions to operate and manage, nor does it need investment banks to underwrite, so as to achieve real point-to-point transactions, rece the illegal activities such as the black box operation and insider trading in securities trading, and realize the effective supervision of the securities instry
The development of blockchain has been booming. What are the application areas of blockchain
at present, the most extensive and successful application of blockchain technology is digital currency represented by bitcoin. In recent years, digital currency has developed rapidly. Due to the characteristics of decentralized credit and frequent transactions, it has high transaction value and can maintain a relatively stable price by developing hedging financial derivatives as quasi super sovereign currency
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