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Application of blockchain in digital identity

Publish: 2021-05-26 02:55:15
1. The core advantage of blockchain technology is decentralization. It can realize point-to-point transaction, coordination and cooperation based on decentralized credit in a distributed system without mutual trust by means of data encryption, time stamp, distributed consensus and economic incentive, so as to solve the common high cost, low cost and low cost of centralized institutions Low efficiency and data storage insecurity provide solutions
the application fields of blockchain include digital currency, token, finance, anti-counterfeiting traceability, privacy protection, supply chain, entertainment, etc. with the popularity of blockchain and bitcoin, many related top domain names have been registered, which has a great impact on the domain name instry
taking the tourism instry as an example, blockchain applications mainly focus on tourism travel, tourism community reviews, digital identity management, credit consumption management, tracking pilot's professional certificate and qualification, loyalty plan of hotels and airlines, reservation management and consumption points management. In addition, blockchain also has applications in finance, games, entertainment and other fields.
2. Application of blockchain technology in voting
kuaishang takes the lead in applying blockchain technology to the voting field nationwide, effectively solving the trust problem of voting data, providing the most real and effective data for the participants, protecting the rights and interests of real voting users, and making blockchain technology "people-friendly", so that the general public can quickly perceive and share the information in the field of life services Enjoy the convenience of blockchain technology
Application of blockchain technology in digital asset registration
Jinzhu digital asset service platform takes the lead in using blockchain technology, which is a global distributed ledger technology with the characteristics of traceability, non tampering and non forgery. The digital assets of the platform come from the standard issuers of digital assets, and the asset value is determined by the open market to avoid overestimation or undervaluation
the application of blockchain technology in the financial instry
ant financial's independent and controllable financial grade commercial blockchain platform has been deployed in multiple social and commercial application scenarios by multiple institutions and countries. Ant blockchain platform supports second level confirmation for transactions, and the consensus mechanism uses efficient parallel consensus algorithm to ensure the high performance of the blockchain platform, Ant blockchain has been applied in many proction level applications, applying leading technologies to people's livelihood, commerce, finance and other fields.
3.

The biggest feature of blockchain technology is decentralization, which will rece a lot of costs for the banking instry

First of all, decentralization means that the trust building mechanism between banking systems no longer needs intermediary, which saves the cost of intermediary

Secondly, the development of digital currency will realize the real-time digital transaction of banks. For example, in bill transaction, bank's bill transaction always relies on the third party to realize the transfer of valuable documents. Even for electronic bill transaction, it also needs the information of central bank's ECDs system for mutual authentication. 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

finally, it will also have an impact on clearing and settlement. The bank's clearing and settlement business has always been completed by the central settlement, with low efficiency. Settlement through blockchain technology will greatly improve the efficiency of banks

blockchain technology also plays an important role in the cross-border payment business of banks. Today, with the highly developed global trade, cross-border payment is becoming more and more frequent. Banks often act as third-party services in cross-border trade, such as electronic transfer, asset custody and so on. However, cross-border payment generally takes about two days to get to the account, which is inefficient and reces the utilization rate of funds in transit. In the blockchain technology, both sides of cross-border payment can complete through the point-to-point way, realize all-weather payment and real-time arrival, thus speeding up the speed of clearing and settlement, and improving the efficiency of bank business processing

another feature of blockchain technology is de risking. Banks can establish their own blockchain, which can ensure that the transaction information and transaction records of bank customers are true and effective, and will not be tampered with arbitrarily. Banks can effectively identify customers' information, understand all aspects of customers' situation, identify abnormal transactions of customers, and prevent being cheated by customers, So as to rece the cost of bank supervision

4. Now is the information age, no good technology is difficult to stand in the society,
now the rapid growth of computer technology, every company needs computer talents, you can go to learn computer professional,
there is still a lot of development space in this field, as long as you study hard, the future prospects are unlimited.
5.

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

7. It's hard to explain

it is a data block connected with encrypted data to ensure that it will not be illegally tampered with
the encrypted data is calculated by the miner's mining machine.
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