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Bubi blockchain and Dongfang Wangli
Publish: 2021-05-26 07:22:35
1. 1. What is the technology of blockchain?
2. First of all, I'd like to introce some well-known blockchain companies in China, and then I'll personally evaluate which one is good. You can judge for yourself
1. Bubi blockchain company, which is engaged in the underlying technical services and instry solutions of blockchain. That is to say, an underlying blockchain is built, and an adaptation layer is built on it, so that enterprises can quickly establish commercial applications. The underlying blockchain is self-developed. The consensus mechanism is pbft, TPS is 5000 transactions per second, UnionPay is 2000 transactions per second, and bitcoin is 7 transactions per second. Of course, different underlying architectures lead to different performance, because Bubi's commercial blockchain pays more attention to performance. At present, Bubi is mainly used in digital assets, supply chain finance, supply chain traceability, public notary and other fields< 2. Bumeng blockchain. Theoretically, bumeng should be regarded as the proct line of Bubi, but Bubi is mainly engaged in the private chain, while bumeng is an alliance chain. So separately, bumeng is Bubi's layout in digital assets. The underlying technology is Bubi blockchain, but it encapsulates the blockchain according to the scene and provides API interface for enterprises. Enterprises issue their own assets on it. According to the characteristics of blockchain, they can freely circulate their assets. At present, some enterprises such as sunshine insurance, Qianxiang finance, crowdsourcing, Haohuo, etc. have joined in, and the assets in them include insurance policies, integral points, and so on Financial procts and so on. Finally, it is estimated that this platform will break through the barriers between assets, and the end users can freely use and transfer these assets. This is an interesting way for the blockchain instry, because it has both the opening of public chain and the security of private chain
Third, only chain, which is a commodity ID management cloud platform based on blockchain technology, provides enterprise users with commodity asset management, tracing, anti-counterfeiting verification, new supply chain management, etc. in the form of baas. Simple understanding is that only chain has done the content of "supply chain traceability" of Bubi blockchain
four, concentric mutual aid, concentric mutual aid is a mutual aid security platform, put some mutual insurance related information into the blockchain, and users can apply to become nodes, participate in bookkeeping, and maintain their own data
5. Xiaoyi is a decentralized network protocol based on blockchain technology, which digitizes the assets and interests of the real world, and carries out financial business such as registration and issuance, transfer transaction, clearing and delivery through point-to-point network
these five blockchain companies are probably well-known in China, and I personally recommend bumeng
first, bumeng uses the underlying technology of Bubi blockchain, which is very promising in the instry. It has the largest number of landing applications in China. Enterprises can not only use the blockchain technology at low cost (just call the interface, it seems that it is free), but also use the resources inside. Think about being on the same chain with many enterprises and docking resources in the future, User transformation should not be easy
Second, Weilian and Tongxin Huzhu focus on one field, and do not provide underlying technology and instry solutions. That is to say, if you are in this instry or can be used in the upstream and downstream of this instry, you can not be used in other fields. Take mutual security field as an example, zhongtuobang and zebra Club both choose bumeng. Of course, if it is an investment, you can consider it
Third, Xiaoyi, why not recommend Xiaoyi, because Xiaoyi is an open source project, and we all know the domestic business environment, especially when the instry is just beginning to develop, and the domestic market is different from that of foreign countries, Xiaoyi has gone through two rounds of ICO, which will be a great worry in the future operation, and at present, Xiaoyi has not been applied in practice, We have made a Fada platform, which has not been used by any company yet (guess it may be related to the factors of open source, who dares to open their data completely). Of course, the open attitude of Xiaoyi is worth encouraging. Although I guess the advantages and disadvantages of the code are well understood by peers, it is not clear
Fourth, why is there no recommendation for Bubby? Bubby has raised 30 million yuan a while ago, because Bubby is more open and has more resources. Of course, if the business requires high privacy, it can also choose Bubby blockchain
finally, for all my hard work, choose me!
1. Bubi blockchain company, which is engaged in the underlying technical services and instry solutions of blockchain. That is to say, an underlying blockchain is built, and an adaptation layer is built on it, so that enterprises can quickly establish commercial applications. The underlying blockchain is self-developed. The consensus mechanism is pbft, TPS is 5000 transactions per second, UnionPay is 2000 transactions per second, and bitcoin is 7 transactions per second. Of course, different underlying architectures lead to different performance, because Bubi's commercial blockchain pays more attention to performance. At present, Bubi is mainly used in digital assets, supply chain finance, supply chain traceability, public notary and other fields< 2. Bumeng blockchain. Theoretically, bumeng should be regarded as the proct line of Bubi, but Bubi is mainly engaged in the private chain, while bumeng is an alliance chain. So separately, bumeng is Bubi's layout in digital assets. The underlying technology is Bubi blockchain, but it encapsulates the blockchain according to the scene and provides API interface for enterprises. Enterprises issue their own assets on it. According to the characteristics of blockchain, they can freely circulate their assets. At present, some enterprises such as sunshine insurance, Qianxiang finance, crowdsourcing, Haohuo, etc. have joined in, and the assets in them include insurance policies, integral points, and so on Financial procts and so on. Finally, it is estimated that this platform will break through the barriers between assets, and the end users can freely use and transfer these assets. This is an interesting way for the blockchain instry, because it has both the opening of public chain and the security of private chain
Third, only chain, which is a commodity ID management cloud platform based on blockchain technology, provides enterprise users with commodity asset management, tracing, anti-counterfeiting verification, new supply chain management, etc. in the form of baas. Simple understanding is that only chain has done the content of "supply chain traceability" of Bubi blockchain
four, concentric mutual aid, concentric mutual aid is a mutual aid security platform, put some mutual insurance related information into the blockchain, and users can apply to become nodes, participate in bookkeeping, and maintain their own data
5. Xiaoyi is a decentralized network protocol based on blockchain technology, which digitizes the assets and interests of the real world, and carries out financial business such as registration and issuance, transfer transaction, clearing and delivery through point-to-point network
these five blockchain companies are probably well-known in China, and I personally recommend bumeng
first, bumeng uses the underlying technology of Bubi blockchain, which is very promising in the instry. It has the largest number of landing applications in China. Enterprises can not only use the blockchain technology at low cost (just call the interface, it seems that it is free), but also use the resources inside. Think about being on the same chain with many enterprises and docking resources in the future, User transformation should not be easy
Second, Weilian and Tongxin Huzhu focus on one field, and do not provide underlying technology and instry solutions. That is to say, if you are in this instry or can be used in the upstream and downstream of this instry, you can not be used in other fields. Take mutual security field as an example, zhongtuobang and zebra Club both choose bumeng. Of course, if it is an investment, you can consider it
Third, Xiaoyi, why not recommend Xiaoyi, because Xiaoyi is an open source project, and we all know the domestic business environment, especially when the instry is just beginning to develop, and the domestic market is different from that of foreign countries, Xiaoyi has gone through two rounds of ICO, which will be a great worry in the future operation, and at present, Xiaoyi has not been applied in practice, We have made a Fada platform, which has not been used by any company yet (guess it may be related to the factors of open source, who dares to open their data completely). Of course, the open attitude of Xiaoyi is worth encouraging. Although I guess the advantages and disadvantages of the code are well understood by peers, it is not clear
Fourth, why is there no recommendation for Bubby? Bubby has raised 30 million yuan a while ago, because Bubby is more open and has more resources. Of course, if the business requires high privacy, it can also choose Bubby blockchain
finally, for all my hard work, choose me!
3. What can blockchain do? Blockchain, a great technology with the birth of bitcoin, can greatly rece transaction costs and improve efficiency in the financial field, which is enough to make Wall Street excited. However, this is only the tip of the iceberg, and its potential application prospects are very wide, which will subvert all aspects of our lives in the future. Internet is an information network with 0 and 1 flowing in it. Blockchain is a value network, which plays a role in value transmission, which is different from Internet in data transmission. When it comes to value transfer, there is a very simple scenario, such as payment. I have 100 yuan in hand. I want to transfer to the group by wechat red envelope or wechat transfer. In this transaction process, a third party is required to participate, while the transmission mode of blockchain is point-to-point transmission, without any intermediate node, This is a big difference between blockchain and our existing architecture. When it comes to point-to-point payment, many people think of bitcoin, because most people know about blockchain from bitcoin. What's the difference between blockchain and bitcoin? Blockchain is the technology behind bitcoin; Blockchain is a basic technical architecture. Through a specific data structure and consensus algorithm, an autonomous system with multi-party participation is designed and implemented. A specific data structure is actually the name of the blockchain itself, that is, its data is put in a block of data blocks, and then the data blocks are connected and implemented by a chain“ "Consensus algorithm" is a very important concept in blockchain. Without synchronic algorithm, there will be no blockchain. Introction to Bubi blockchain since its establishment, Bubi blockchain has been focusing on the R & D and innovation of blockchain technology and procts. It has a number of core technologies, and has made substantial innovation in many aspects, forming a number of core technology achievements, such as: mathematically proven distributed consensus technology, fast large-scale ledger access technology Multi Chain general ledger technology supporting business form expansion, interconnection technology between heterogeneous blockchains, etc. On April 25, "gege integral" introced the integral system into the concept of blockchain, opened up by multiple parties, issued and exchanged integral, and promoted the circulation of integral. All cooperative institutions can jointly participate in transaction verification, account book storage and real-time settlement; The third-party payment platform of the enterprise points issuer makes the points in and out more flexible. Bubi has developed its own basic blockchain service platform, which has been applied in equity, supply chain, credit and other fields. Bubi has been committed to building an open value circulation network with the core of decentralized (polycentric) trust, so that digital assets can flow freely. So far, let's analyze the difference between blockchain and bitcoin? 1. Essential difference. For the world, bitcoin is a digital currency based on cryptography, while blockchain, as we have just said, is a protocol of value transmission. There is an essential difference between the two, because one is digital currency and the other is a protocol of value transmission. 2. Algorithm. The consensus algorithm of bitcoin is based on a work algorithm called workload proof, pow. There are many different consensus algorithms in blockchain, including bitcoin POW algorithm, POS algorithm and DPS algorithm. 3. Transaction speed. Bitcoin has a maximum of seven transactions per second. Please note that we are talking about the maximum rather than the average, because this is a very strict definition. For blockchain, the number of transactions per second can reach tens of thousands or so, so this is also a major difference between blockchain and bitcoin. Because many people will confuse that the transaction speed of blockchain is seven transactions per second, which is wrong. This is a limitation of bitcoin. Blockchain can achieve very high transaction speed according to its different consensus algorithms and linking methods. 4. Link form. Bitcoin is a blockchain based on the Internet, that is to say, we call it public chain. Blockchain can be in the form of public chain, private chain or alliance chain. 5. Limitations. It is suggested that you do not touch some digital currencies related to blockchain. What is the reason? Bitcoin, as a digital currency, although it has very different characteristics, it does not comply with financial regulation. In other words, the 21 million bitcoins were issued without national authorization and national credit as a multiple. Blockchain also has some limitations. Although it is only a protocol and a technology, it is still a new technology in its infancy. To sum up, blockchain is a relatively low-level protocol and a technical infrastructure, on which there are various consensus algorithms. If the blockchain is 1, the consensus algorithm may be 10 to 20, but there may be 1000 or 2000 applications on it. In other words, bitcoin is only one implementation of many blockchain applications. Therefore, bitcoin and blockchain are not equal. Bitcoin is only a very primary implementation of blockchain. What can blockchain do? What about blockchain? In the bill market, the digital bill based on blockchain technology can become a safer, more intelligent and more convenient bill form. The point-to-point transaction with the help of blockchain can break the existing function of bill intermediary and realize the disintermediation of bill value transmission; The construction and data storage of the digital bill system do not need the central server, which saves the development cost of the central application and access system, reces the maintenance and optimization cost of the system under the traditional mode, and reces the risk of the system centralization; Based on the non tamperability of information in the blockchain, once the bill transaction is completed, there will be no default phenomenon, so as to avoid the behavior of "selling more than one vote" and asynchronous payment and endorsement, and effectively prevent the bill market risk. The securities exchange market is also a promising field of blockchain technology. At present, the traditional securities trading mode has the disadvantages of long trading process, low trading efficiency and high comprehensive cost, and there are strong intermediaries and regulatory agencies, so the rights of financial consumers are often not guaranteed. With the application of blockchain technology, buyers and sellers can directly pair through smart contracts, and the efficiency of transaction execution can be greatly improved. Through the distributed digital registration system, settlement and delivery can be automatically realized. Because the data entered into the block is irreversible and can be copied to each data block in a short time, the information entered into the block chain actually has the effect of publicity, so the occurrence of transactions and the confirmation of ownership will not be controversial. What can blockchain do? What about blockchain? Although at present, there is no mature underlying blockchain technology platform solution, technical problems such as capacity scalability, privacy protection, non net settlement and non recourse need to be solved, and large-scale application of blockchain technology also needs to reset it architecture and reengineer business process, these are only technical problems. The real test of blockchain technology rooted and growing in the financial field is the regulatory agencies and financial institutions. Will the inherent "de supervision" and "de centralization" characteristics of blockchain make the market players have no power to drive technological innovation. However, because the blockchain is a technology based on mathematical algorithm, the establishment of trust relationship between all parties does not need the help of intermediaries or authority centers, and the cost of establishing trust relationship is almost zero (on the premise of the establishment of blockchain financial infrastructure and ancillary infrastructure), and the blockchain code is open-source, no geographical restrictions, and the network pattern is distributed and interconnected, It lays a technical foundation for the establishment and development of Inclusive Finance and shared finance in the future, and creates material conditions for the integration and unification of global finance. From this point of view alone, blockchain technology is bound to establish a core position in the future financial development, and rely on and complement each other with finance, and win-win in the future.
4. Bumeng builds a free and open digital asset circulation platform with data as the core
1. Asset issuance
multi-party and multi asset issuance. Indivials and institutions can issue their own digital assets; Any digitized asset can be issued and circulated on the platform
2. Asset transfer
asset circulation has changed from the original single center control to social circulation. Any channel with resources can become a catalyst for asset circulation and promote circulation
3. Asset query
view the issuance and circulation status of assets in real time, and manage the asset data.
1. Asset issuance
multi-party and multi asset issuance. Indivials and institutions can issue their own digital assets; Any digitized asset can be issued and circulated on the platform
2. Asset transfer
asset circulation has changed from the original single center control to social circulation. Any channel with resources can become a catalyst for asset circulation and promote circulation
3. Asset query
view the issuance and circulation status of assets in real time, and manage the asset data.
5. What is blockchain? Blockchain is a kind of distributed shared accounting technology. What it needs to do is to enable all parties involved to establish a trust relationship at the technical level. Blockchain can be roughly divided into two levels, one is to do the underlying technology of blockchain; The second is to do the upper application of blockchain, that is, the transformation, optimization or innovative application based on blockchain. Blockchain is still in its infancy. Many people are discussing with me how to guarantee both rights and privacy. Of course, now they are just exploring, which means that the content of the whole network should be fair and clearly protected. That's all I can say. This is how I will arrange it in the future
blockchain concept? The idea of blockchain is to completely decentralize and rely on distributed justice. In that case, the cost will drop a lot in theory, proving that the real assets and property rights are directly corresponding on the Internet. After solving the problems of decentralization and asset ownership that the first generation of Internet information did not solve, how much role does big data play in financial innovation? Only by using big data to register can we know who it belongs to. In fact, this has always been a problem that we can't solve now. It's not a small problem. Any technology in the capital market that makes clear the property rights of things that are not clear about the property rights is a huge change for the whole market
what is a blockchain? Blockchain technology itself can solve data ownership, pricing and sharing mechanism. There are still some problems that can not be completely solved. For a simple example, when it comes to user privacy, I have a data on the machine, and the partner comes and makes an insurance to analyze the cooperation. Here is a risk to be given or not to be given, whether it can be dealt with, or whether the property right of the laboratory can be clearly divided, and then the processing right and the data right can be clearly stated, It's common for all of us to proce common procts. We need to divide different things, how to price and how to divide them. In addition to the technology of blockchain, a distributed database, the above is a new task, which is another problem, and then the problem of pricing, which is the problem of market mechanism, which is proved and approved by all fields, So I think blockchain is a very good core technology, but it can't cover all the problems
Introction to Bubi blockchain
Bubi blockchain is mainly positioned to provide commercial level blockchain infrastructure services, mainly including building a blockchain system and building a supporting system with high scalability on the blockchain system. And the support system above is the application of all walks of life. Bubi focuses more on the underlying technology of the blockchain. In the past three years or so, almost all the energy of the team of more than a dozen people has been devoted to the research and development of the underlying technology. The reason why Bubi blockchain chooses points has something to do with the promotion method of the market. As we all know, blockchain is a very suitable technology for digital asset issuance and trading. Integral is a kind of natural legal and compliant digital asset, which has little impact because of its small amount. So it's a very suitable choice to take points as the first attempt of digital asset issuance. Issuing points based on blockchain can also bring great help to the circulation and exchange of points
what is a blockchain? The application of blockchain technology in the field of property transfer is only one aspect. In addition to recing the cost of property transfer, blockchain technology can also be applied to various fields, such as company stocks, financial derivatives and points planning of commercial institutions. At present, blockchain community is focusing on promoting the wider application of this technology in the field of financial assets, and related platforms that are still under development have also received considerable investment
blockchain concept? In terms of structure or definition, these things are very different. The U.S. dollar, or any currency, by definition, is mainly used as a medium of transaction or a store of value for economic activities. Within the geographical scope of a certain currency circulation, people in the region reach a consensus on the use of this currency, which is convenient for people to use the same currency to purchase goods or services (the function of currency as a trading medium). We have the responsibility to manage money through monetary policy, so as to ensure the value of money and avoid inflation (the value storage function of money). In today's world, almost everyone uses some kind of currency in their daily life
what is a blockchain? Even developers in the blockchain community tend to ignore the grand picture mentioned above. There are many competitive projects in the blockchain community, which are also full of disputes about the evolution direction of blockchain technology. Over time, some projects in the community will succeed, others will not be so lucky. Things will not always develop in the direction we expected. However, no matter how these projects in the early blockchain community develop, it has been very clear that blockchain technology has brought us at least one revolutionary function: blockchain technology will greatly rece the cost of financial property transfer, and blockchain will be used to control Manage and distribute financial assets
what is a blockchain? Blockchain concept? After a certain application analysis, we will go back to the starting point. The definition of blockchain technology will become more and more abundant with the development of application. People will find more mysteries of blockchain technology.
blockchain concept? The idea of blockchain is to completely decentralize and rely on distributed justice. In that case, the cost will drop a lot in theory, proving that the real assets and property rights are directly corresponding on the Internet. After solving the problems of decentralization and asset ownership that the first generation of Internet information did not solve, how much role does big data play in financial innovation? Only by using big data to register can we know who it belongs to. In fact, this has always been a problem that we can't solve now. It's not a small problem. Any technology in the capital market that makes clear the property rights of things that are not clear about the property rights is a huge change for the whole market
what is a blockchain? Blockchain technology itself can solve data ownership, pricing and sharing mechanism. There are still some problems that can not be completely solved. For a simple example, when it comes to user privacy, I have a data on the machine, and the partner comes and makes an insurance to analyze the cooperation. Here is a risk to be given or not to be given, whether it can be dealt with, or whether the property right of the laboratory can be clearly divided, and then the processing right and the data right can be clearly stated, It's common for all of us to proce common procts. We need to divide different things, how to price and how to divide them. In addition to the technology of blockchain, a distributed database, the above is a new task, which is another problem, and then the problem of pricing, which is the problem of market mechanism, which is proved and approved by all fields, So I think blockchain is a very good core technology, but it can't cover all the problems
Introction to Bubi blockchain
Bubi blockchain is mainly positioned to provide commercial level blockchain infrastructure services, mainly including building a blockchain system and building a supporting system with high scalability on the blockchain system. And the support system above is the application of all walks of life. Bubi focuses more on the underlying technology of the blockchain. In the past three years or so, almost all the energy of the team of more than a dozen people has been devoted to the research and development of the underlying technology. The reason why Bubi blockchain chooses points has something to do with the promotion method of the market. As we all know, blockchain is a very suitable technology for digital asset issuance and trading. Integral is a kind of natural legal and compliant digital asset, which has little impact because of its small amount. So it's a very suitable choice to take points as the first attempt of digital asset issuance. Issuing points based on blockchain can also bring great help to the circulation and exchange of points
what is a blockchain? The application of blockchain technology in the field of property transfer is only one aspect. In addition to recing the cost of property transfer, blockchain technology can also be applied to various fields, such as company stocks, financial derivatives and points planning of commercial institutions. At present, blockchain community is focusing on promoting the wider application of this technology in the field of financial assets, and related platforms that are still under development have also received considerable investment
blockchain concept? In terms of structure or definition, these things are very different. The U.S. dollar, or any currency, by definition, is mainly used as a medium of transaction or a store of value for economic activities. Within the geographical scope of a certain currency circulation, people in the region reach a consensus on the use of this currency, which is convenient for people to use the same currency to purchase goods or services (the function of currency as a trading medium). We have the responsibility to manage money through monetary policy, so as to ensure the value of money and avoid inflation (the value storage function of money). In today's world, almost everyone uses some kind of currency in their daily life
what is a blockchain? Even developers in the blockchain community tend to ignore the grand picture mentioned above. There are many competitive projects in the blockchain community, which are also full of disputes about the evolution direction of blockchain technology. Over time, some projects in the community will succeed, others will not be so lucky. Things will not always develop in the direction we expected. However, no matter how these projects in the early blockchain community develop, it has been very clear that blockchain technology has brought us at least one revolutionary function: blockchain technology will greatly rece the cost of financial property transfer, and blockchain will be used to control Manage and distribute financial assets
what is a blockchain? Blockchain concept? After a certain application analysis, we will go back to the starting point. The definition of blockchain technology will become more and more abundant with the development of application. People will find more mysteries of blockchain technology.
6. How to realize blockchain? The current situation of global blockchain development is also more and more enthusiastic, which shows that blockchain is widely used all over the world, has more and more powerful vitality, and affects all walks of life from the outside to the inside. The current situation of global blockchain development has a very good atmosphere, which is inseparable from the active support of various countries, and is also related to the increasing public attention of blockchain technology
blockchain has a deep origin with bitcoin (in fact, bitcoin is the application of blockchain Technology). Is it a signal released by the central bank? I don't know for the moment. After all, the central bank is now the most credible third party, and the development of digital currency with blockchain technology has the taste of breaking its own path. Bubi blockchain focuses on the innovation of blockchain technology and procts, has a number of core technologies, and has developed its own blockchain service platform. With decentralized trust as the core, we are committed to building an open value circulation network to let digital assets flow freely
who will benefit from the concept of blockchain technology
in which field will blockchain technology be applied first? There is no doubt that blockchain technology will first be applied to the financial system with the highest requirements for security, openness and stability. Let's take a brief inventory of the application scenarios of blockchain in the financial system: issuance and circulation of digital currency, information disclosure and share management of private and public funds, trading system of financial derivatives, transaction records, consumption records, personal lending, small and micro finance, electronic contract, etc. From the perspective of application, Bubi blockchain has been applied to equity, supply chain, points and other fields, and is concting experiments and application tests with exchanges and banks. Bubi blockchain focuses on the innovation of blockchain technology and procts, has a number of core technologies, and has developed its own blockchain service platform. Moreover, many blockchain innovation and entrepreneurship enterprises continue to emerge
for example, the securities exchange market may be the most suitable mole for blockchain in the financial field. Traditional securities trading needs the coordination of banks, securities dealers, exchanges, and central settlement institutions to complete a stock transaction, while blockchain system can independently complete a full set of behaviors: through the digital certificate containing the user's basic information, the user signs the content of the certificate with his own private key, and all the user has to do is press the operation button, And can real-time query whether someone tampered with the content of the certificate. It's not imaginary. In fact, they did. In 2015, NASDAQ Stock Exchange and London Stock Exchange, the world's top four exchanges, have explored the application of blockchain
therefore, software service providers serving the financial system are destined to be the direct beneficiaries of the blockchain concept, unless the application of blockchain technology is a false proposition. Now look at the blockchain technology, it has been initially applied, but the market space is too large for us to measure
chain open standard has been supporting a number of blockchain projects of leading financial companies, which can promote the requirements of open standard through in-depth cooperation with chain as early as 2014. For the first time today, this standard is open to the wider financial sector. The chain open standard is built for specific purposes. It can support large-scale financial applications and meet the strict regulatory, security and privacy requirements of the financial services instry while running the licensed blockchain network<
the chain open standard achieves breakthroughs in the following aspects:
the new consensus model realizes the final completion of the transaction in less than a second, even if the transaction volume is very large
the privacy solution encrypts the blockchain data and allows the relevant counterparties and regulators to read selectively
smart contract framework and virtual machine support simple rule execution and Turing complete program for key value storage
scalable data model can rece the running load for network participants
how to realize blockchain? The current situation of global blockchain development also shows a good prospect of blockchain technology. This trend of comprehensive application will be shown in various fields of various countries.
blockchain has a deep origin with bitcoin (in fact, bitcoin is the application of blockchain Technology). Is it a signal released by the central bank? I don't know for the moment. After all, the central bank is now the most credible third party, and the development of digital currency with blockchain technology has the taste of breaking its own path. Bubi blockchain focuses on the innovation of blockchain technology and procts, has a number of core technologies, and has developed its own blockchain service platform. With decentralized trust as the core, we are committed to building an open value circulation network to let digital assets flow freely
who will benefit from the concept of blockchain technology
in which field will blockchain technology be applied first? There is no doubt that blockchain technology will first be applied to the financial system with the highest requirements for security, openness and stability. Let's take a brief inventory of the application scenarios of blockchain in the financial system: issuance and circulation of digital currency, information disclosure and share management of private and public funds, trading system of financial derivatives, transaction records, consumption records, personal lending, small and micro finance, electronic contract, etc. From the perspective of application, Bubi blockchain has been applied to equity, supply chain, points and other fields, and is concting experiments and application tests with exchanges and banks. Bubi blockchain focuses on the innovation of blockchain technology and procts, has a number of core technologies, and has developed its own blockchain service platform. Moreover, many blockchain innovation and entrepreneurship enterprises continue to emerge
for example, the securities exchange market may be the most suitable mole for blockchain in the financial field. Traditional securities trading needs the coordination of banks, securities dealers, exchanges, and central settlement institutions to complete a stock transaction, while blockchain system can independently complete a full set of behaviors: through the digital certificate containing the user's basic information, the user signs the content of the certificate with his own private key, and all the user has to do is press the operation button, And can real-time query whether someone tampered with the content of the certificate. It's not imaginary. In fact, they did. In 2015, NASDAQ Stock Exchange and London Stock Exchange, the world's top four exchanges, have explored the application of blockchain
therefore, software service providers serving the financial system are destined to be the direct beneficiaries of the blockchain concept, unless the application of blockchain technology is a false proposition. Now look at the blockchain technology, it has been initially applied, but the market space is too large for us to measure
chain open standard has been supporting a number of blockchain projects of leading financial companies, which can promote the requirements of open standard through in-depth cooperation with chain as early as 2014. For the first time today, this standard is open to the wider financial sector. The chain open standard is built for specific purposes. It can support large-scale financial applications and meet the strict regulatory, security and privacy requirements of the financial services instry while running the licensed blockchain network<
the chain open standard achieves breakthroughs in the following aspects:
the new consensus model realizes the final completion of the transaction in less than a second, even if the transaction volume is very large
the privacy solution encrypts the blockchain data and allows the relevant counterparties and regulators to read selectively
smart contract framework and virtual machine support simple rule execution and Turing complete program for key value storage
scalable data model can rece the running load for network participants
how to realize blockchain? The current situation of global blockchain development also shows a good prospect of blockchain technology. This trend of comprehensive application will be shown in various fields of various countries.
7. Dongfang Wangli is a blockchain
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