Is blockchain technology a major in finance

1. Theoretically, blockchain technology will be the future of financial services, but in fact, it is still a long way to go. However, domestic European crowdfunding and international NASDAQ are already trying blockchain projects
the invention and development of blockchain and its related technologies benefit from the rapid development of computer instry: 1. The processing speed of computer chips has been greatly improved; 2; 2. The cost of storage devices is greatly reced. Blockchain technology derived from a variety of technologies, such as: smart contract; Digital rights management; Internet of things (IOT) innovates business model; Private data protection; Distributed storage of digital content; Voting; Credit system strengthening and so on<
financial services instry can benefit from blockchain technology
subversive potential
Professor Peters and panayi of University of London believe that "blockchain technology has the potential to subvert the world banking instry, which can improve and promote services such as global currency exchange, smart contracts, automated banking books and digital assets." In addition, there are "blockchain technology can be applied to many fields, such as transaction processing program, government cash management, commercial bank account book management, financial asset clearing and other fields."

2.

Blockchain technology has the advantages of being difficult to tamper with and easy to trace. It can play a role in identity information management, trust mechanism construction, and credit information chain of small and micro enterprises

here is an example of a bank in Nanping:

e to the outbreak of online business, the original offline signing method has been unable to meet the needs of the rapid change of the banking business, and the bank's digital construction is imminent, but the bank's risk control department has strict compliance requirements:

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online business data sensitive privacy, Is the transmission secure

does the electronic signature have legal effect

can electronic evidence be accepted by the court

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these concerns have become obstacles for banks to introce e-contracts and carry out business digital transformation

after adopting the unique ENA initiative forensics patent technology of the "real hammer" trusted electronic evidence platform, a bank in Nanping, through the clean server of the notary office, online carries out real-time preservation, storage and certification of the electronic data of the target system, records the whole process of the electronic data from generation, transmission to storage, and finally the notary office issues the forensics preservation report with official seal, The effectiveness of the documents is notarial documents, which can be directly accepted by the court. Because the report is issued by the notary office, it has more credibility than the self certification of the third-party E-contract platform, which solves the concerns of the risk control department of the bank at one stroke. The whole process is online and automated, and the front-end customer operation has no perception

at the same time, combined with the back-end case system of "real hammer" and the outsourcing execution service, the bank realized the rapid dispute resolution of Internet business. It not only ensures the compliance and effectiveness of the electronic contract signing process, but also solves the problem that the bank cases are scattered all over the country and the cost of legal business trip is high; The litigation cycle is long and there is no efficient disposal channel

3. Blockchain is a revolutionary underlying technology. Its original function is bookkeeping. As a distributed general ledger, it can solve the credit problem, notarization problem, audit problem, right confirmation problem, etc. of the ledger, as well as the digital demand of physical assets. Blockchain application scenarios are characterized by "new database, multi business entities and mutual distrust". The financial instry has the characteristics of low trust among participants and high requirements for transaction record security and completeness, which is very consistent with the application characteristics of blockchain technology. Therefore, the financial services instry is one of the instries with the most blockchain technology landing projects and the most abundant scenarios, such as supply chain finance, asset securitization, credit reference and risk control. In the financial field, blockchain technology can not only reform the financial infrastructure, but also play a synergistic role in the scenes of supervision, transaction, credit reference, virtual currency and so on. For example, in the traditional financial environment, supervision is managed by reporting data from various business organizations, which will cause many disadvantages, such as "black box" operation, decision-making delay and so on. However, under blockchain finance, with the advantages of information transparency and penetration and regional centralization, the regulatory authorities can grasp all business information at the first time. At present, Internet financial companies such as fox financial services are vigorously developing blockchain technology. Through the characteristics of decentralized blockchain technology and distributed storage, they can enhance user information management and enhance regulatory efficiency.

4. All instries can be combined with blockchain, and all instries must engage in blockchain plus. At present, they have launched the online live course, which covers the frontier knowledge of blockchain such as frontier technology, landing application mode, the latest instry trend, and so on. It is very worth watching.

5. The index is not closely related to the rise and fall
crude oil index refers to a combination of the main contracts of the NYMEX light and low sulfur crude oil futures contract. When the main contract is in the period of 1-12 months, the price of that month will be used for the quotation of crude oil index. The world crude oil trade has formed three major markets in North America, Europe and Asia. Each market has price index crude oil, namely WTI crude oil, Brent crude oil in the North Sea and Du crude oil from the Middle East. Among them, the best quality is the futures price of WTI crude oil. WTI refers to the light crude oil from West Texas, which is a common crude oil futures price in North America. Due to the U.S. military and economic capabilities in the world, WTI crude oil has become the benchmark of global crude oil pricing

P / E ratio is the ratio of market price per share to earnings per share of a stock. Market widely talked about P / E ratio, usually refers to the static P / E ratio, which is usually used as an indicator to compare whether stocks with different prices are overvalued or undervalued. It is not always accurate to measure the quality of a company's stock with P / E ratio. It is generally believed that if the price earnings ratio of a company's stock is too high, the price of the stock is bubble and its value is overvalued.

6. How to put it? Blockchain is essentially a string of code, which must be built on the Internet to run, so it should belong to the Internet category. However, the transmission of value gives it financial attributes. For example, the popular Xingyun coin, which runs on the blockchain and realizes the value interconnection between things of intelligent procts, is just an application. Generally speaking, the blockchain is an Internet technology with many application levels

7. Based on mechanisms such as distributed accounting, collective agreement and intelligent consensus, blockchain technology presents information processing characteristics such as centralization, open sharing, authenticity and reliability, which has aroused increasing attention and application in the financial field, especially in the field of Internet finance. There are many blockchain system development companies. Blockchain technology development enterprises such as Renren chain are reliable, and the blockchain scheme can be referred to.

8. I think it belongs to financial technology

9.

belongs to the information instry, blockchain is a distributed digital ledger, which records all the transactions that have occurred and have been unanimously recognized by the system. Each block is like a hard disk, which saves all the above information, and then encrypts it through cryptography technology. The stored information cannot be tampered with

can be applied in different fields, as follows:

1. In the financial field

blockchain has great potential value in international exchange, letter of credit, equity registration, stock exchange and other financial fields. The application of blockchain technology in the financial instry can save the third-party intermediary link and realize the point-to-point direct docking, so as to greatly rece the cost and quickly complete the transaction payment

2. The Internet of things and logistics

blockchain can also be naturally combined in the field of Internet of things and logistics. Through blockchain, we can rece logistics costs, trace the proction and delivery process of goods, and improve the efficiency of supply chain management. This field is considered as a promising application direction of blockchain

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characteristics and development planning of blockchain

I. characteristics

1. The biggest feature of blockchain technology is to create an integrity system of digital society. In this system, not only data transmission is convenient, but also counterfeiting is difficult

2. Another feature of blockchain technology is that it can realize the timely sharing of data and can not be tampered with. In the field of government services, the use of blockchain data sharing mode can realize the joint maintenance and utilization of government data across departments and regions, promote business collaboration, and facilitate the masses to handle affairs

2. Development planning

major countries in the world are speeding up the development of blockchain technology, and China has a good foundation in the field of blockchain

the 13th five year National Informatization Plan issued by the State Council, the 13th five year development plan for information technology of China's financial instry issued by the people's Bank of China and the white paper on China's blockchain technology and application development led by the Ministry of instry and information technology all clearly put forward the need to strengthen the basic R & D and frontier layout of blockchain technology, The standardization roadmap of blockchain technology development in China is proposed