Bill blockchain
blockchain finance is actually the application of blockchain technology in the financial field
blockchain is an underlying technology based on bitcoin, and its essence is actually a decentralized trust mechanism. Through sharing in distributed nodes to maintain a sustainable database, the security and accuracy of information can be achieved. The application of this technology can solve the trust and security problems in the transaction, and the blockchain technology has become an optional direction for the future upgrading of the financial instry. Through the blockchain, both parties of the transaction can carry out economic activities without the help of the third-party credit intermediary, so as to rece the cost of the global transfer of assets
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since 2016, the major financial giants have also heard the news and launched blockchain innovation projects one after another to explore the possibility of applying blockchain technology in various financial scenarios. In particular, Puyin group took the lead in creating a "blockchain +" standard digital currency. Standard digital currency refers to the process of assets identification, evaluation, right confirmation and insurance completed by a third party organization. After careful digital algorithm, it is written into the blockchain to form the standard corresponding relationship between assets and digital currency, which is called standard digital currency
in order to realize the great leap forward development of blockchain finance, promote the new development of China's economy, accelerate the global asset circulation, and realize the dream of rejuvenation that has been struggling for generations, Puyin group will hold the Guiyang strategic development ceremony of Puyin blockchain finance in Guizhou on December 9, 2016, at which the discussion on the realization of digital circulation of assets, block chain financial transaction mode, and block chain financial transaction mode will be held It also discusses the application of blockchain service and social public instry
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bill is a kind of valuable voucher, which needs a hidden "third party" role to ensure the safety and reliability of both parties in the transaction. However, with the help of blockchain, there is no need for a third party to supervise and verify the information transmitted by the two parties, nor for a specific physical object to be used as a proof to connect the two parties to obtain trust, thus realizing the "invisible" transmission of value between point-to-point
in the development of bill platform based on blockchain, Yingtang Zhongchuang said that the application of blockchain technology in the development of bill platform has the following functions: to realize the disintermediation of bill value transmission; Effectively prevent the risk of bill market; Change the existing system structure of electronic commercial draft; Improve operation efficiency; Standardize the market order and rece the cost of supervision
the advantages of the blockchain bill platform are as follows: the system construction and data storage do not need a central server, nor do they need a central level application; The integrity, transparency and verifiability of data can be traced and queried for any value exchange; The form of smart contract makes the bill programmable and controllable in the whole life cycle.
Second, the third-party trusteeship mode can effectively rece the cost of enterprise system construction and operation and maintenance, and the way to query and obtain electronic vouchers from a trusted third party provides a safe and reliable access channel for enterprise users
thirdly, solving the trust bottleneck faced by the data storage instry is concive to business development
fourthly, the e-Voucher can be traced by recording e-Voucher summary and flow record, which meets the needs of business supervision and review
in depth bill network, together with Societe Generale digital fund, has launched a bill money witness system, which provides solutions to the possible risks in e-bill trading scenarios. Note witness refers to the DVP of inter enterprise note transaction, which adopts the transaction mode of "print the money first and write back", that is, the buyer first print the money to the special fund escrow account of Instrial Bank, the seller confirms that the fund arrives before endorsing, and the instrial system verifies the successful receipt of the e-ticket before settling the fund. In the whole transaction process, the deep note network only provides safe, efficient and convenient services, and does not touch the fund and e-ticket, Ensure the safety of funds and e-tickets.