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What are the specific functions of blockchain

Publish: 2021-03-25 10:18:08
1. At present, blockchain is most widely used in the field of financial technology, such as digital asset trading. As a kind of underlying technology, blockchain is the technical implementation of bitcoin. The rapid application of blockchain technology also needs virtual currency. In the past, a large-scale economic scenario requiring mutual trust and extensive cooperation between many people can only be solved by centralization, with low efficiency. The emergence of blockchain technology has solved this problem and eliminated this center. One of the important reasons to get rid of this center is that virtual currency provides an endogenous economic incentive mechanism for the blockchain, so that people have the motivation to participate in the economic activities after the transformation of the blockchain. Of course, blockchain will have more extensive and mature applications in more fields in the future. For example, in November last year, State Grid submitted a patent application named "power transaction control method and device about blockchain". This year, Xi'an City Wall International Marathon also used blockchain technology for the first time in the world to collect athletes' competition data, data and data All the information such as the winning part is registered on the blockchain. With its traceable and tamperable technical characteristics, the information channel between the events is opened up, which effectively ensures the reliability of the competition results.
2. It mainly depends on the functions of the blockchain application app. For example, starting technology is to calculate the development cost of the blockchain according to its functions. If there are many functions and high complexity, the corresponding cost will be relatively high, and the function will be simple, and the price will be very low. Whether it's blockchain wallet, blockchain exchange, blockchain pet game or blockchain points mall, the price is estimated in this way. The main accounting of the development cost is the labor cost and hardware consumption cost, plus some marketing expenses, we can almost determine the price. In one case, the price of the app will be very low, that is, there is a ready-made source code that can meet the needs of customers, and you only need to modify and add some functions to use it.
3. At present, there are many blockchain development companies, such as Shengshi Huacai, which provide underlying technical services, and provide investment, mining, information and user-defined functions in combination with commercial systems. It's better to choose according to your own actual situation
4. In short, blockchain is a distributed and decentralized computer technology

what is distributed and decentralized? Take marriage registration as an example. In the past, when two people got married, they had to go to the Civil Affairs Bureau to go through the formalities, and then enter the information into the computer before they could finish the legal process. What if we use blockchain technology? As long as two people agree to get married, and then release a message in the circle of friends, the process of marriage is completed, and there is no need to go to the Civil Affairs Bureau. Your friends are common witnesses, they may be distributed all over the world, but their mobile phones will help you record the information and tell others who want to know

if you want to hide the marriage information, you used to just modify the records on the computer of the Civil Affairs Bureau, but now you have to modify the records on the mobile phones of all the people who know the truth at the same time. The more people who know the truth, the less likely they are to modify it, so it is an impossible task. This is distributed and decentralized

deepen the understanding

on the network, every once in a while, a block will be generated. This block is equivalent to a network logbook, which is used to record the relevant information that happened in a period of time. When the logbook is full, a new logbook will be generated. Once the information is recorded, all participants will be informed, and everyone's logbook will be updated synchronously

these logbooks are finally connected in series, which is blockchain technology. Because of the use of cryptography technology, if someone wants to tamper with the message unilaterally, through the verification of blockchain algorithm protection mechanism, if the time point is not right and the associated information is not right, other people will not update their own record book, and the information will be invalid

therefore, compared with the traditional information storage technology, blockchain technology is more secure, transparent and irreversible

concept differentiation

blockchain is not equal to bitcoin, it is just a kind of underlying technology invented to realize bitcoin as a digital currency. Blockchain can be applied to a wider range. In addition to digital currency, it can also be applied to P2P loan, global payment, micro finance, electronic payment, remittance and other financial aspects. It can also be applied to intellectual property, election, notarization and other aspects of people's livelihood.
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