Blockchain will open up a whole new environment of disruption

Currently, the blockchain industry and the development of technology have developed rapidly and spread to many areas such as digital finance, Internet of Things, smart manufacturing, management chains, the market of digital assets and, despite the impact, new applications are emerging. Blockchain will continue to improve affected applications in manufacturing, life management, and manufacturing relationships.

Blockchain technology plays an important role

There are many applications for blocking the chain. With block chain technology, you can complete the deep levels of business, and you can solve the problem of loans, SMS. ... In terms of new designs, we can make it easy, supports the structure of the product and the requested in various business. The older-e-a sport, great support supports support support. In living, work, pensions, treatments, such as public safety, and public safety capacity good. The new type of cities in town

In the future, the application and development of blockchain will impact on supporting data sharing, improving business processes, reducing operating costs, improving efficiency of working together and building trust. In the case of blockchain, our country will have the opportunity to be at the forefront of thinking, at the forefront of innovation, and to obtain new advantages in the industry. Create rules.

Blockchain technology in our country has created a huge integration of cities in terms of information, capital, technology and credit, and achieved the integration and use of textual information of buildings and neighborhoods. In the future, blockchain technology will play a bigger role in building a strong network, improving digital marketing, and improving business and social relationships.

Breakthrough innovation in production relations

Blockchain technology can use mathematical algorithms to enable two or more unknowingly independent entities to cover trading costs without involving third parties, including the process of price analysis, price modification and price distribution. . Disorganized data and unreliable duplication and falsification, especially to solve the problem of "double use of costs".

The mathematical algorithm is the easiest way to reach international consensus. Online data has gained incredible trust and reliability. Blockchain is the Internet that delivers information reliably and efficiently.

Internet growth and mobile Internet goes into this organization. Everyone sees it. In recent years, iot Internet, AI and the robot, especially for two years, especially thick thickness. The value of the wheat and plants of large materials are activities and are also carriers that bring the next relationship. Iot internet and cloud technology, lakes and cultures, such as agriculture, factory and shipping equipment is equipment. The main equipment power that set up and carrying materials in production; Ai and wise robot don't work falsely lying, no transcend personality and false employment, and can change the work produced. Work, energy equipment, and energy has created new products to humans and produce new people. There must be a new relationship in response to new products. The block of chain is the idea of ​​this relationship who is the first and the creator is newly established by new relationships. At the basis, block chains make the application breaking the more efficient use for relationships.

Currently, the power of blockchain is far from unleashed. A lot of people have given blockchain a different perspective, there are different business, social and political levels, and there are also situations where it has reached the stage of development of thought and history. Lots of hopes and futures. In fact, it can be seen that the historical status of the blockchain will not leave the original as it can divide the manufacturing relationship within the community.

Blockchain technology is still new

Blockchain was born in the Internet age. The Internet is the 4th revolution in the industry, but it is still not enough Blockchain is the second half of the Internet, the Internet at a price. The principle of blockchain and its relational characteristics is simple, and to understand why this may be the first half of the 4th industry revolution, it is necessary to distribute Bitcoin the best blockchain landing product. The channels are identified.

The first particularity is the distribution of the stored data. In fact, distributed data storage like data mirroring, disaster recovery, and recovery was available before. It can be seen that simple blockchain technology is abundant with the internet or existing computer technology.

The second technical characteristic is point-to-point transmission. In fact, this type of P2P transport has also been used on the internet before, for example BitTorrent and Xunlei are both joint ventures, PPTV also uses this type of P2P transport. . It's just that the concept of point-to-point transmission on the internet is different from the concept of point-to-point transmission in blockchain. The concept of point-to-point transmission in the blockchain is to allow any data node to receive this information. At the Internet level, point-to-point transmission is only used to save network resources and improve communication.

The third technical feature is the approval mechanism. The data-driven approval mechanism is a storage system that cannot be undone and intertwined. There are now many recommendations. The first type of recommendation is POW-based energy metering. The strong man, the strong man and the fast man make the final decision. Later I learned that POS Ether Fang moved from POW to POS. Bitcoin uses POW and we are currently starting to discuss how to convert Bitcoin to a POS model. Here is another way. DPOS, the participating organization, will continue to play an important role in the future.

The fourth technical characteristic is the encryption mechanism. In the process of creating an agreement, the block data is encrypted with an asymmetric encryption algorithm, and the read and write permissions are controlled by the public and private keys to configure and against the positions mentioned above .

The fifth technical feature is the wake-up mechanism. When further enhanced, the blockchain will fly like a wing to each individual computer and individual mind, resonating the wave and creating relationships within the heat wave chain.

Schumpeter said that innovation is the development of new products, that is, the integration of products. So let's use it. Blockchain is a new technological capacity developed through the integration of technological components, which is an innovation. He developed the relationship between technology and new technologies from scratch, made major changes to the results of the internet, and developed a wide range of experimental capabilities in the area of ​​applications that can affect organizational information and financial assets. . existing businesses. The model, the managerial culture for hundreds of years.

Currently, the most successful application of blockchain is Bitcoin, which has the ability to cross borders and cross-border exchanges and integrate encryption, decentralization and other design technologies, breaking down all the issues and methods. control allowing investors to manage funds. The future of business logic must be global. In the future, equity, community safety and health care can drive global change. We don't live in one environment and can benefit from many machines for as long as they need them. The story of human development is the story of the continuity of boundaries, from transformation of data to transformation of data and ultimately change in outcomes, and with each step comes changes in human perception and consciousness. Many blockchain products represented by Bitcoin have created an impact at the level of social phenomena.

We also finished changing the use of lawyers not recommended, distributed, and security does not cover the technology chain. If another network of other networks in other options, containing a biological and effort to increase the power of synchronization. This network appears in the house. Bat. Be the leader in the business world in the future that has the right to speak in the world. However, it is different from the internet industry. Blocked the chain of many minutes for developing ecology. Platform stage models models do not make children. The chain block is not broken. Internet steps. The basis of the market is competitive, and the challenge of the wrong person, can solve. Development of chains preventing solutions. For example, electronic payments in electronic equipment provides repetitive equipment to expenses depital devices ... for

The next frontier of financial innovation

In the domestic financial market, the Bitcoin market and intellectual property are different, and FinTech (financial technology) has become the hottest period, but in the eyes of more and more people in the industry, decentralized blockchain technology will start. to become fundamental. . . It is for this reason that the blockchain technology under Bitcoin is increasingly recognized by governments and financial institutions, and is creating a wave of blockchain financial research around the world. We can say that blockchain finance is the next destination for financial exchanges.

The central bank announced "security rules for the distribution of the ledger" a few days ago, but it hasn't received much attention due to the spread. We believe this specialization deserves the full attention of the blockchain industry and the financial community. It not only complements the adoption of blockchain technology, but also the performance and use of the spirit of the “1024 Conference”. The "height" as high as the "Plaintree Agreement" provides a solid foundation for the development of blockchain in the financial sector.

Zhao Wei is the Vice President of the University of Oxford, M. At the invitation of Ralph Waller, he traveled to Oxford and presented the Blockchain course module of the Visit Scholar Project.

The first blockchain, where Bitcoin and blockchain technology emerged at the same time, was physical and Bitcoin was the face. Then everyone released the content technology that created Bitcoin and developed the concept of blockchain technology. In fact, right now it's not just a technical idea, it could be a technical idea, and I think it's become an industry-changing idea. .

In early China, there were no circles or chains of coins. Some worry about the value of Bitcoin, while others worry about its market value and investment at an estimated price. Since then, a number of altcoins and coin contests, represented by Ethereum, have sprung up.

This is because in the process of intellectual upgrading and iterations of Bitcoin itself, a new word has arisen: a hard fork, an order that forks to the backbone to prevent potential technological threats. It was then used by some to create ICOs offering new ease of use for creating altcoins. Since then, altcoins have been more successful, better, or worse.

Whether it's an altcoin, a fork, or an ICO, some people use and grow wildly, stir up controversy, and even warn that admins are paying for blockchain technology, the old one. urine and the real world. the currency wins. In addition to dissatisfaction with ideas and stress, everyone is also concerned about future care.

The state encourages innovation, but prevents new developments from distinguishing between true and false development. Is it illegal to fundraise without knowing how to make a logo after receiving a free letter? Now if you look at the ICO process, everyone knows that tokens that correspond to invoices and merchandise are not real. If you touch it, it will be better to fix it after the fall. They say we have to fight, open a commodity exchange (ICO is a commodity exchange), distribute it, and use digital resources to replace the renminbi. Every expense and every product has a financial position, President Zhou made it clear that we should take care of all financial affairs.

Blockchain has already had a significant impact on the financial sector, for example, CCB Financial's Deep Blue uses FABRIC and zero-proof blockchain technology to manage risk and protect the cryptocurrency industry's interbank project the same time. At the same time, a good performance agreement will improve value, which will have a silent effect on the central bank and the back office. It is predictable that CCB Technology Finance will solve the problems of financial hardship, high financial costs and financial delays for SMEs in accordance with the implementation of clear tax reform by the government in the middle and supporting the pan-blue position. It will be financial technology. In the future, CCB technology finance, which is the essence of CCB, will become more CCB than the financial institutions that can be seen on the road.

Many financial firms set up by venture capitalists will still have to follow these standards and will be part of the restructuring through early adoption before the incident affects anything.

The central bank's digital currency is the most profitable

The monetary structure of a bank is a general statement and an important datum of the stock market. An average listing will bring big changes to the stock market and the economy as long as it changes. Digital currency advertising has been integrated into the bank's banking system, established a digital currency research institute, a digital currency technology company was established in Shenzhen, and recently announced that the "Security specification of the distributed financial ledger technology "was brand new. What is planned at birth is the DCEP (digital services not provided by medium-sized banks).

The carriers of value are the exchanges → shell hlau precious metals txiaj banknotes Now you can see that the digital is the best value.

Fan Yifei, vice president of the Central Bank, once announced the translation of the digital currency announcement and asked for a way to publish the digital currency. In fact, an important decision for mid-sized banks is the risk of financial divisions. Because digital products are so versatile, their mediums are digital and can impact businesses. Even Alipay and WeChat Payments will be phased out as the third-party payment model they trust will no longer exist. As you can imagine, what would it be like without Alipay and WeChat Pay? The digital banking industry will affect the current market for whatever reason, and emerging financial markets will be a hidden risk for the current market.

Certain business or application scenarios have entered future application models from the Central Bank Digital Currency Research Institute. As long as we've been through this and are successful, it could be a very high and solid business model going forward.

The bank has made it clear that it needs to be careful in using digital assets equipped with smart contracts. Once digital advantages are announced, central banks will not allow digital advantages to work too much, but they will displace some functions as promoters of smart contracts. Digital banking will not only be a long list going forward, but will also become the backbone of blockchain and mergers. commercial application. Therefore, everyone should pay close attention to digital bank financial statements and how they will work in the future.

The DCEP bank itself will not use all of the blockchain technology, but the DCEP will become the heart of the blockchain industry, for example the big chain. Around the very large private channel, access to the various commercial channels of the community creates communication and business. Between the chain and the chain of links, it creates a large DAG (Database Availability Group) showing an acyclic graph. This circuit itself is a very big new type of blockchain network. The central bank has announced that DCEP will indicate that blockchain development has entered a new phase, and will enter the phase of large-scale relational application. At this point, whether it is the blockchain industry, the financial industry or the physical industry, there is a need to develop its own new chain, application chain and benefit chain of DCEP, and to establish its own ecological centering value of DCEP.

This is very important, and if this difference is misunderstood, there will be major differences in all aspects of development, construction and industry. DCEP itself has an impact on innovation, the backbone of future blockchain development, and will impact innovation in all areas of life, forgotten or not.

The ultimate thought to influence innovation in blockchain

“1024 Meeting” aims to develop three chains: new chains, application chains and value chains. Around these chains, clear and unique exports are designed for design, application cooperation, and data and cost integration, which is the very important guide. When the second phase of application development matures, opening up the data and value island and improving the relationship between reliability and data value, this will be the third stage of blockchain development, stage d. opening of relational value. nce.

Zhao Wei speaks at the Blockchain conference.

At a stage where the value of the blockchain relationship is fully embedded, disruptive exchanges will lead to greater change in our life scenarios. The intelligent generation of IP, responsible for moving the flow to the client, will establish long-term partnerships between stakeholders across the campus and explain and support the process of developing knowledge-based application knowledge. At that time, only the SCI is the engine of knowledge measurement, this research will become a new type of measurement measurement and the main process of recovery through harmony. Smart devices can effectively and reliably lock down payment applications and exchanges throughout the process, removing the hassle and inconvenience for Internet users, having Internet, and having Internet access. , and develop new ways to personalize, use and invest in terminal equipment. Financial concept.

Consider that the order of the driverless car is given by the investment firm, and the operation, maintenance and disposal of the vehicle is governed by various smart contracts. Smart investments can also be made by relying on a robot advisor, and investor rights are protected by a smart contract. It is a social experiment, an application relationship and a blockchain integration, putting research facts and ideas at your fingertips. It's hard to imagine traveling the world without wallets and cellphones like we did 20 years ago. In the next 20 years, our lives will become digital and chained. Some of them are imaginary and some are already subconsciously conscious. Because these changes happen so often in our lives, we can look to some of the changes.

These bacterians have taken serious impact and continuing to China and Earth. In the world, every battle and natural disasters must have more resources of taking care and investment. The government should give you a big call to solve the financial damage. The Victorian leader's Bank has said that during the international election, Facebook's library must complete the role in the level. But I think it is limited to carrying meats that have been restricted to have coins stabilization. Can I try the financial trial of Bretton forests? People are true and good. Finance and use of utilities. For example, Iran can use dcep and products to help fight battle and write hard. Dceep revminbi will introduce previous development in the process of all the way and created the fate of the world. It is a problem and is a good time.