Position: Home page » Blockchain » Blockchain history cannot be erased
Blockchain history cannot be erased
Publish: 2021-05-27 17:29:42
1. The first instrial revolution brought steam power and factories. For the second time, there were railways and electricity. The third time has given us the convenience of Internet, digital computer and modern world
these revolutions started and ended with the creation of better and more efficient machines. But the fourth revolution, the instrial Internet of things (iiot) asserts, is coming, and it will not follow in the footsteps of its predecessors
the fourth revolution will not focus on stronger and faster machines: it will focus on machines, processing, sharing and spontaneous information behavior, fundamentally changing our relationship with tools, the world and each other
the data revolution
is not coal, steel, nor silicon. The currency of the fourth revolution will be data
a single gas turbine, coupled to the instrial Internet, generates more than four times as much data in one day as the global Twitter as a whole, but the data we analyze is less than 1%. Bill RUH, chief executive of Ge digital, predicts that digital information will overflow, and today's analysis tools are hopeless
"ten years ago, we might have introced 1TB of data every day." "Today, it's up to about 10000 TB of data," RUH told the Boston Globe. By 2020, we expect to introce about 1 million terabytes of data a day. "
the data generated by future machines is about the same as that of the library of Congress. Imagine reading every book in the library of Congress and then having to summarize what you've learned on 10 pages. The task is not only huge, but also ridiculous
the real miracle of the fourth instrial revolution will not be to proce data, but intelligent machines that can analyze these data and communicate with their peers in the network. Each networked machine will then take action to change its processes to improve efficiency and feed back its changes to the network
I hope these smart machines will bring our world economy to a climax: RUH and Ge believe that in the next 20 years, the smart machines and Internet of things instry will add 10 to 15 trillion US dollars to the global economy. Given that global gross domestic proct (GDP) was about $74 trillion in 2015, this is a huge growth
the foundation of the revolution
for the coming revolution, there are two components that are important and necessary: a centralized, instry-specific Internet communication network, such as predix of General Electric; And systematic, decentralized way, and hinder dishonest communication to promote business development
the specific iiot network must act as a hub for intelligent machines to interact with each other and with human creators. Sensors on the computer collect a large amount of data, and then filter the data in real time. In other words, it can be imagined that it happened on the basis of a machine. However, the investigation results of relay equipment and the decision made without human intervention, in order to truly build an intelligent network, the machine needs a single communication network
imagine that when the aircraft is still in the air, the sensors of the aircraft engine recognize the part that is about to fail, and then communicate with the destination airport. The engine will need maintenance and order replacement parts before landing
this intuitive machine is not a science fiction dream: it's our future
in my opinion, iiot information network is only half the success, and ultimately it is about e-commerce. Seeing it as a public road, millions of autopilot cars will run on top one day.
now, these autopilot cars run on a single system. But how do we ensure that every autopilot will obey the traffic rules? For example, how can we ensure that the vehicle does not send fraud information about its whereabouts at the time of the accident? If there are only two parties involved in the accident, then each passenger will confirm the story of his own car, and there is no way to verify the position claimed by each party
considering that decentralized, satellite based GPS will affect the situation. The system is just and connected to every car. Of course, every car can continue to lie, but it's much easier to verify which side is telling the truth
e to the nature of the GPS system and the nature of its cancellation, the autopilot car has no reason or is tampered with by its owner. This strong incentive for integrity is to promote the trade between autopilot cars, and it is necessary for owners to feel that their investment in these vehicles is safe. Br />GPS technology is for auto driving vehicle, just like network block chain technology for instrial Internet. Of course, self driving cars can run on roads without GPS, but their owners probably will not allow them to do so. Similarly, on a larger scale, machines can communicate on a single, centralized network of the instrial Internet, but only when there is no risk blockchain is the core part of bitcoin technology. Its function is simple and similar to an account book, recording all transaction data. This account book: 1. It is stored on each bitcoin node of the Internet, and each node has a complete backup; 2. It records all bitcoin transfer transactions since the birth of bitcoin; 3. The ledger is stored in blocks, and each block contains some transaction records. Each block will record the ID of the previous block, forming a chain structure, which is called blockchain; 4. When you want to initiate a bitcoin transaction, just broadcast the transaction information to the P2P network, record your transaction information as a new block and connect it to the blockchain, and the transaction is completed
blockchain has stimulated the revolution in other places
of course, blockchain has promoted the development of e-commerce in the financial instry. But digital information packets are discrete assets like money, and blockchain can create digital records of their existence and transmission. The technology is essentially a unified ledger of records or digital events. The ledger is distributed in the network and shared by different parties, and can only be updated by the majority of these parties. Once a ledger item is created, it can never be erased
blockchain is the missing link in the revolution, because the e-commerce it inspires will define the trust between machines and stakeholders. For example, Volkswagen's recent emissions scandal. VW's tests show that its vehicles emit too much NOx, so it chooses to hide the problem to avoid subsequent inspection
although blockchain will not prevent machines or people from tampering with data, it will create transparent, shared and indelible documents about the original emission data. If this data has been created and shared through the blockchain system, Volkswagen will never embark on the road of fraud, because the difference between the two data sets is obvious
the benefits of iiot are obvious. We have developed machine to machine communication technology; Now, it's the standardization challenge between society and the next revolution. This has driven the development of database technology in the past 30 years, and we have finally seen the momentum of construction
the first mock exam is different from the other enterprises, but if we all want to benefit from the high efficiency brought by the fourth instrial revolution, we must adopt the single mode of machine to machine electronic commerce. And because the communication network has to operate commercially between voluntary participants, we have to integrate the blockchain into this system. In the need to constantly modify the data, and free information trade needs detailed environmental conditions, blockchain is the best path to a new instrial revolution.
these revolutions started and ended with the creation of better and more efficient machines. But the fourth revolution, the instrial Internet of things (iiot) asserts, is coming, and it will not follow in the footsteps of its predecessors
the fourth revolution will not focus on stronger and faster machines: it will focus on machines, processing, sharing and spontaneous information behavior, fundamentally changing our relationship with tools, the world and each other
the data revolution
is not coal, steel, nor silicon. The currency of the fourth revolution will be data
a single gas turbine, coupled to the instrial Internet, generates more than four times as much data in one day as the global Twitter as a whole, but the data we analyze is less than 1%. Bill RUH, chief executive of Ge digital, predicts that digital information will overflow, and today's analysis tools are hopeless
"ten years ago, we might have introced 1TB of data every day." "Today, it's up to about 10000 TB of data," RUH told the Boston Globe. By 2020, we expect to introce about 1 million terabytes of data a day. "
the data generated by future machines is about the same as that of the library of Congress. Imagine reading every book in the library of Congress and then having to summarize what you've learned on 10 pages. The task is not only huge, but also ridiculous
the real miracle of the fourth instrial revolution will not be to proce data, but intelligent machines that can analyze these data and communicate with their peers in the network. Each networked machine will then take action to change its processes to improve efficiency and feed back its changes to the network
I hope these smart machines will bring our world economy to a climax: RUH and Ge believe that in the next 20 years, the smart machines and Internet of things instry will add 10 to 15 trillion US dollars to the global economy. Given that global gross domestic proct (GDP) was about $74 trillion in 2015, this is a huge growth
the foundation of the revolution
for the coming revolution, there are two components that are important and necessary: a centralized, instry-specific Internet communication network, such as predix of General Electric; And systematic, decentralized way, and hinder dishonest communication to promote business development
the specific iiot network must act as a hub for intelligent machines to interact with each other and with human creators. Sensors on the computer collect a large amount of data, and then filter the data in real time. In other words, it can be imagined that it happened on the basis of a machine. However, the investigation results of relay equipment and the decision made without human intervention, in order to truly build an intelligent network, the machine needs a single communication network
imagine that when the aircraft is still in the air, the sensors of the aircraft engine recognize the part that is about to fail, and then communicate with the destination airport. The engine will need maintenance and order replacement parts before landing
this intuitive machine is not a science fiction dream: it's our future
in my opinion, iiot information network is only half the success, and ultimately it is about e-commerce. Seeing it as a public road, millions of autopilot cars will run on top one day.
now, these autopilot cars run on a single system. But how do we ensure that every autopilot will obey the traffic rules? For example, how can we ensure that the vehicle does not send fraud information about its whereabouts at the time of the accident? If there are only two parties involved in the accident, then each passenger will confirm the story of his own car, and there is no way to verify the position claimed by each party
considering that decentralized, satellite based GPS will affect the situation. The system is just and connected to every car. Of course, every car can continue to lie, but it's much easier to verify which side is telling the truth
e to the nature of the GPS system and the nature of its cancellation, the autopilot car has no reason or is tampered with by its owner. This strong incentive for integrity is to promote the trade between autopilot cars, and it is necessary for owners to feel that their investment in these vehicles is safe. Br />GPS technology is for auto driving vehicle, just like network block chain technology for instrial Internet. Of course, self driving cars can run on roads without GPS, but their owners probably will not allow them to do so. Similarly, on a larger scale, machines can communicate on a single, centralized network of the instrial Internet, but only when there is no risk blockchain is the core part of bitcoin technology. Its function is simple and similar to an account book, recording all transaction data. This account book: 1. It is stored on each bitcoin node of the Internet, and each node has a complete backup; 2. It records all bitcoin transfer transactions since the birth of bitcoin; 3. The ledger is stored in blocks, and each block contains some transaction records. Each block will record the ID of the previous block, forming a chain structure, which is called blockchain; 4. When you want to initiate a bitcoin transaction, just broadcast the transaction information to the P2P network, record your transaction information as a new block and connect it to the blockchain, and the transaction is completed
blockchain has stimulated the revolution in other places
of course, blockchain has promoted the development of e-commerce in the financial instry. But digital information packets are discrete assets like money, and blockchain can create digital records of their existence and transmission. The technology is essentially a unified ledger of records or digital events. The ledger is distributed in the network and shared by different parties, and can only be updated by the majority of these parties. Once a ledger item is created, it can never be erased
blockchain is the missing link in the revolution, because the e-commerce it inspires will define the trust between machines and stakeholders. For example, Volkswagen's recent emissions scandal. VW's tests show that its vehicles emit too much NOx, so it chooses to hide the problem to avoid subsequent inspection
although blockchain will not prevent machines or people from tampering with data, it will create transparent, shared and indelible documents about the original emission data. If this data has been created and shared through the blockchain system, Volkswagen will never embark on the road of fraud, because the difference between the two data sets is obvious
the benefits of iiot are obvious. We have developed machine to machine communication technology; Now, it's the standardization challenge between society and the next revolution. This has driven the development of database technology in the past 30 years, and we have finally seen the momentum of construction
the first mock exam is different from the other enterprises, but if we all want to benefit from the high efficiency brought by the fourth instrial revolution, we must adopt the single mode of machine to machine electronic commerce. And because the communication network has to operate commercially between voluntary participants, we have to integrate the blockchain into this system. In the need to constantly modify the data, and free information trade needs detailed environmental conditions, blockchain is the best path to a new instrial revolution.
2. This concept was proposed in the white paper [1] of Nakamoto Tsung, who created the first block, namely "Genesis block"< On January 3, 2009, the founder of bitcoin, Mr. Nakamoto, left an unchangeable sentence in the genesis block:
"the times 03 / Jan / 2009 Chancellor on brink of second low for banks (on January 3, 2009, the chancellor of the exchequer was on the verge of implementing the second round of bank emergency assistance)."
at that time, the British Chancellor of the exchequer, darling, was forced to consider a second attempt to relieve the banking crisis, which was the headline of the front page article of the times that day
the time stamp service and existence proof of blockchain, the time generated by the first blockchain and the events that happened at that time are permanently preserved
BTCC, a bitcoin company, launched a service "Millennium chain" in 2015, namely blockchain lettering service, which is based on the above principles. Users can use this service to engrave text on the blockchain and save it permanently
bitcoin, Ruitai coin, Laite coin, dogcoin, Ethereum and other digital currencies will use blockchain technology.
"the times 03 / Jan / 2009 Chancellor on brink of second low for banks (on January 3, 2009, the chancellor of the exchequer was on the verge of implementing the second round of bank emergency assistance)."
at that time, the British Chancellor of the exchequer, darling, was forced to consider a second attempt to relieve the banking crisis, which was the headline of the front page article of the times that day
the time stamp service and existence proof of blockchain, the time generated by the first blockchain and the events that happened at that time are permanently preserved
BTCC, a bitcoin company, launched a service "Millennium chain" in 2015, namely blockchain lettering service, which is based on the above principles. Users can use this service to engrave text on the blockchain and save it permanently
bitcoin, Ruitai coin, Laite coin, dogcoin, Ethereum and other digital currencies will use blockchain technology.
3. The development of blockchain can be divided into three stages. Melanie Swann, founder of blockchain Science Research Institute, in her book blockchain: blueprint and guide to new economy, according to the application and development of blockchain, it can be divided into three stages: blockchain 1.0, 2.0 and 3.0< br />
I. blockchain 1.0 cryptocurrency era (2008-2013)
&
in 2008, Nakamoto first proposed the concepts of bitcoin and blockchain, and then in January 2009, the first blockchain came out. At this stage, people pay more attention to the transaction of cryptocurrency, and blockchain is only used as the underlying technology to act as a "public account book"< br />
2. Blockchain 2.0 smart contract era (2014-2017)
&
in 2014, & quot; Blockchain 2.0 "has become the pronoun of decentralized blockchain database. At this stage, people mainly focus on the application of the platform. Anyone can upload and execute the smart contract on the blockchain, and will be rewarded automatically after the execution. Because this transaction process does not need any intermediary, so people's privacy has been greatly protected< br />
III. blockchain 3.0 large scale application era (2018 -)
&
at this stage, people begin to build a completely decentralized data network, and the application of blockchain technology is no longer limited to the economic field, but expanded to the fields of art, law, real estate, hospital, human resources and so on.
I. blockchain 1.0 cryptocurrency era (2008-2013)
&
in 2008, Nakamoto first proposed the concepts of bitcoin and blockchain, and then in January 2009, the first blockchain came out. At this stage, people pay more attention to the transaction of cryptocurrency, and blockchain is only used as the underlying technology to act as a "public account book"< br />
2. Blockchain 2.0 smart contract era (2014-2017)
&
in 2014, & quot; Blockchain 2.0 "has become the pronoun of decentralized blockchain database. At this stage, people mainly focus on the application of the platform. Anyone can upload and execute the smart contract on the blockchain, and will be rewarded automatically after the execution. Because this transaction process does not need any intermediary, so people's privacy has been greatly protected< br />
III. blockchain 3.0 large scale application era (2018 -)
&
at this stage, people begin to build a completely decentralized data network, and the application of blockchain technology is no longer limited to the economic field, but expanded to the fields of art, law, real estate, hospital, human resources and so on.
4. Blockchain is a technical solution to collectively maintain a reliable database through centralization and distrust. This technical solution allows any number of nodes in the participating system to calculate and record all the information exchange data in the system in a period of time to a data block through cryptography algorithm, and generate the fingerprint of the data block for linking the next data block and checking. All participating nodes in the system jointly determine whether the record is true
blockchain can improve the way of data recording in audit. In the current network audit, although there is an early warning mechanism, it still needs auditors to judge and handle the abnormal records manually; Blockchain can automatically process the abnormal records through whether each node verifies and approves the block and the transaction information in it, whether the network node is attacked, and whether the account book of each node is complete, so as to make real-time audit possible. Auditors can directly access and query the effective information on the blockchain, judge whether the processing is reasonable and make corrections. In the blockchain, timestamps are used to record various transactions and operations, which can achieve historical traceability and tracking, and greatly improve the quality and efficiency of audit
blockchain can change the storage mode of audit data. In traditional audit, data are stored in an audit center server, which not only has the problems of high load and slow running speed, but also is vulnerable to attack; The blockchain audit system is a typical distributed storage, each node has the same backup, which can not only save the high cost and maintenance costs of the server, but also ensure the integrity of the data
semi public private chain can be used for audit. Blockchain can be divided into three forms: public chain, semi open private chain and full private chain. Considering the characteristics of audit instry, it is appropriate to adopt semi open private chain mode. For the audited units and enterprises, some trade secret information is not disclosed, but the pre selected nodes within the group decide the generation of the block. External suppliers can participate in the transaction but not the accounting process. Externally, it provides a third-party query node to query through the open API. In this way, it can not only ensure the internal privacy of the enterprise, but also enable the external auditors to implement real-time audit query.
blockchain can improve the way of data recording in audit. In the current network audit, although there is an early warning mechanism, it still needs auditors to judge and handle the abnormal records manually; Blockchain can automatically process the abnormal records through whether each node verifies and approves the block and the transaction information in it, whether the network node is attacked, and whether the account book of each node is complete, so as to make real-time audit possible. Auditors can directly access and query the effective information on the blockchain, judge whether the processing is reasonable and make corrections. In the blockchain, timestamps are used to record various transactions and operations, which can achieve historical traceability and tracking, and greatly improve the quality and efficiency of audit
blockchain can change the storage mode of audit data. In traditional audit, data are stored in an audit center server, which not only has the problems of high load and slow running speed, but also is vulnerable to attack; The blockchain audit system is a typical distributed storage, each node has the same backup, which can not only save the high cost and maintenance costs of the server, but also ensure the integrity of the data
semi public private chain can be used for audit. Blockchain can be divided into three forms: public chain, semi open private chain and full private chain. Considering the characteristics of audit instry, it is appropriate to adopt semi open private chain mode. For the audited units and enterprises, some trade secret information is not disclosed, but the pre selected nodes within the group decide the generation of the block. External suppliers can participate in the transaction but not the accounting process. Externally, it provides a third-party query node to query through the open API. In this way, it can not only ensure the internal privacy of the enterprise, but also enable the external auditors to implement real-time audit query.
5. 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
blockchain is an important concept of bitcoin. In essence, it is a decentralized database, as well as the underlying technology of bitcoin. One of the most basic characteristics of bitcoin is decentralization. In recent months, financial giants have graally begun to pay attention to the technology of bitcoin, and used it in non monetary fields, such as stock trading, election voting and so on 1) Art instry
artists can use blockchain technology to declare ownership, issue works that can be numbered and limited edition, and can target any type of art in digital form. It even includes a trading market where artists can buy and sell through their websites without any intermediary services
(2) the real estate instry
uses blockchain technology to solve various problems faced by everyone when participating in real estate, including naming process, land registration, agency and so on
(3) the insurance instry
the financial instry has always been the most sensitive to advanced technology. Traditional banking and securities giants have been investing in blockchain venture capital since 2014, with a total global investment of US $1 billion in two years
(4) P2P wallet
personal assets can be traded through this P2P wallet in the future without going through any central organization, such as bitcoin
most blockchains are in their infancy, and most of them are overseas. There are very few good blockchain projects in China, so it is not recommended that any non professionals invest in blockchain projects. If you are very interested in blockchain technology and have technical or financial background, it is suggested to consider starting a business in this area. In terms of protocol system of blockchain, the bottom layer is the underlying technology of blockchain, including the technical protocol of blockchain, as well as some platform routing and basic algorithms; In the middle layer, we need to solve the problems of some application interfaces and the issuance and verification of some certificates, including the services of some instry platforms, big data analysis, etc. This is a rough division, and there should be more detailed division; The top is some applications of blockchain, including financial applications and other applications, Internet of things and so on
Introction to Bubi blockchain
since its establishment, Bubi blockchain has been focusing on the R & D and innovation of blockchain technology and procts, has a number of core technologies, and has made substantial innovation in many aspects, forming a number of core technology achievements, such as: mathematically verifiable distributed consensus technology, fast large-scale ledger access technology, and so on 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
the simple understanding of blockchain is a technology at the bottom of bitcoin, which is also a point-to-point e-cash system, which can realize point-to-point value express. We should distinguish the concepts of bitcoin, bitcoin blockchain, blockchain and blockchain technology. In the countries with more developed finance in the past, the technology of Finance and block has a long history, and the legislation of digital currency and block chain network is also very important. With the advent of the financial era, large financial institutions are studying blockchain technology. They have their own team and concept technology. Graally, regional banks are also participating in the discussion of digital currency. In addition to the application and support of this technology, blockchain has great influence on enterprises. For larger domestic enterprises, Bubi block is also applied to all kinds of equity In the fields of supply chain and points, domestic financial institutions and enterprises have focused on the value of new instries and developed their own blockchain platforms. Blockchain has instantly become a new domestic innovation instry. Overseas, compared with China, the United States has already obtained 15 blockchain patents at the end of last year. The application of blockchain finance is entering a new stage in an all-round way. Various applications will be more and more in-depth, and the relevant changes will attract more and more attention, which will also form a great new trend
financial institutions have launched blockchain technology into a new era of Internet and big data applications, which has laid a pattern from negative interest rate profit driven innovation to technological innovation. At this time, domestic giants have suggested that the cooperation alliance not only affects the implementation of financial infrastructure, but also is an important means to expand business cooperation. In terms of implementation, the future payment system securities deposit will not only affect the implementation of financial infrastructure, It is inseparable from the financial and settlement system and big data analysis, while the domestic giants join hands and propose a mutually beneficial cooperation mode, which can not only effectively improve operational efficiency, but also rece costs and find new growth points, After the adoption of blockchain technology, whether the company's procts and services can proce a new business model or a cost advantage far lower than that of competitors
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.
blockchain is an important concept of bitcoin. In essence, it is a decentralized database, as well as the underlying technology of bitcoin. One of the most basic characteristics of bitcoin is decentralization. In recent months, financial giants have graally begun to pay attention to the technology of bitcoin, and used it in non monetary fields, such as stock trading, election voting and so on 1) Art instry
artists can use blockchain technology to declare ownership, issue works that can be numbered and limited edition, and can target any type of art in digital form. It even includes a trading market where artists can buy and sell through their websites without any intermediary services
(2) the real estate instry
uses blockchain technology to solve various problems faced by everyone when participating in real estate, including naming process, land registration, agency and so on
(3) the insurance instry
the financial instry has always been the most sensitive to advanced technology. Traditional banking and securities giants have been investing in blockchain venture capital since 2014, with a total global investment of US $1 billion in two years
(4) P2P wallet
personal assets can be traded through this P2P wallet in the future without going through any central organization, such as bitcoin
most blockchains are in their infancy, and most of them are overseas. There are very few good blockchain projects in China, so it is not recommended that any non professionals invest in blockchain projects. If you are very interested in blockchain technology and have technical or financial background, it is suggested to consider starting a business in this area. In terms of protocol system of blockchain, the bottom layer is the underlying technology of blockchain, including the technical protocol of blockchain, as well as some platform routing and basic algorithms; In the middle layer, we need to solve the problems of some application interfaces and the issuance and verification of some certificates, including the services of some instry platforms, big data analysis, etc. This is a rough division, and there should be more detailed division; The top is some applications of blockchain, including financial applications and other applications, Internet of things and so on
Introction to Bubi blockchain
since its establishment, Bubi blockchain has been focusing on the R & D and innovation of blockchain technology and procts, has a number of core technologies, and has made substantial innovation in many aspects, forming a number of core technology achievements, such as: mathematically verifiable distributed consensus technology, fast large-scale ledger access technology, and so on 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
the simple understanding of blockchain is a technology at the bottom of bitcoin, which is also a point-to-point e-cash system, which can realize point-to-point value express. We should distinguish the concepts of bitcoin, bitcoin blockchain, blockchain and blockchain technology. In the countries with more developed finance in the past, the technology of Finance and block has a long history, and the legislation of digital currency and block chain network is also very important. With the advent of the financial era, large financial institutions are studying blockchain technology. They have their own team and concept technology. Graally, regional banks are also participating in the discussion of digital currency. In addition to the application and support of this technology, blockchain has great influence on enterprises. For larger domestic enterprises, Bubi block is also applied to all kinds of equity In the fields of supply chain and points, domestic financial institutions and enterprises have focused on the value of new instries and developed their own blockchain platforms. Blockchain has instantly become a new domestic innovation instry. Overseas, compared with China, the United States has already obtained 15 blockchain patents at the end of last year. The application of blockchain finance is entering a new stage in an all-round way. Various applications will be more and more in-depth, and the relevant changes will attract more and more attention, which will also form a great new trend
financial institutions have launched blockchain technology into a new era of Internet and big data applications, which has laid a pattern from negative interest rate profit driven innovation to technological innovation. At this time, domestic giants have suggested that the cooperation alliance not only affects the implementation of financial infrastructure, but also is an important means to expand business cooperation. In terms of implementation, the future payment system securities deposit will not only affect the implementation of financial infrastructure, It is inseparable from the financial and settlement system and big data analysis, while the domestic giants join hands and propose a mutually beneficial cooperation mode, which can not only effectively improve operational efficiency, but also rece costs and find new growth points, After the adoption of blockchain technology, whether the company's procts and services can proce a new business model or a cost advantage far lower than that of competitors
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.
6. The origin of blockchain comes from "bitcoin: a peer-to-peer e-cash system" published by Nakamoto in 2008. According to this concept, the first proct "bitcoin" was born. The origin of blockchain technology is usually attributed only to the actions of some mysterious geniuses who work under the pseudonym of Nakamoto. This view of history often makes the technology seem almost magical and difficult to understand. When people understand the actual history behind the development of these systems, it is more fundamental. In this section, I will outline the most important topics in decades of research on consensus algorithms and distributed systems that led to the creation of blockchains.
7. On the verge of breaking the law, small companies have no security
Hot content