Take cloud sports blockchain now why stop
The application prospects of blockchain are mainly in the fields of finance, Internet of things and logistics, public services, digital rights and insurance
1. Blockchain has great potential applications in international exchange, letter of credit, equity registration, stock exchange and other financial fields. The application of blockchain technology in the financial instry can eliminate the third-party intermediary link and realize the point-to-point direct docking
2. Blockchain can also be naturally combined in the field of Internet of things and logistics, which is considered as a promising application direction of blockchain. The establishment of credit resources in the blockchain can double improve the security of transactions and improve the convenience of Internet of things transactions. It can save time and cost for the application of intelligent logistics mode
3. Blockchain is closely related to people's proction and life in public management, energy, transportation and other fields. The decentralized and fully distributed DNS service provided by blockchain can realize the query and resolution of domain name through the point-to-point data transmission service between nodes in the network
4. Through blockchain technology, works can be authenticated to prove the existence of text, video, audio and other works and ensure the authenticity and uniqueness of ownership. After the works are confirmed on the blockchain, the subsequent transactions will be recorded in real time to realize the full life cycle management of digital rights, and can also be used as a technical guarantee in judicial evidence collection
5. In terms of insurance claims, insurance institutions are responsible for fund collection, investment and claims settlement, and often have higher management and operation costs. Through the application of smart contract, there is no need for the applicant to apply or the insurance company to approve. As long as the claim conditions are triggered, the automatic claim settlement of the policy can be realized
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the core technology of blockchain
1. Consensus mechanism, through the voting of special nodes, completes the verification and confirmation of transactions in a very short time; For a transaction, if several nodes with unrelated interests can reach a consensus, it can be considered that the whole network can also reach a consensus. The goal of blockchain consensus mechanism is to make all honest nodes keep consistent blockchain views
2. Asymmetric encryption requires two keys for encryption and decryption, which are public key and private key. The public key corresponds to the private key. The public key is used in the process of data encryption, and only the corresponding private key can be used to decrypt; On the contrary, the private key is used to encrypt the data, and only the corresponding public key can be used to decrypt the data