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Reflections on blockchain revolution

Publish: 2021-04-29 07:21:33
1. Zhao Liang, general manager of banking instry of IBM Global Enterprise Consulting Service Department, believes that blockchain technology has broad application prospects in the fields of Internet finance, such as supply chain finance, digital bills, P2P financing, e-money, microfinance, cross-border payment, collateral management and contract execution, which can better connect financial institutions and non-financial enterprises
the principle of blockchain can be more widely used in other innovative fields. For example, blockchain is expected to establish a points exchange and transaction system, which can be used for the exchange and transaction of various points, such as telecom telephone fee points, aviation mileage points, hotel accommodation points, etc. In the field of Internet of things, IBM has cooperated with Kouvola innovation in Finland to establish a trusted cargo view of the whole process of logistics in the technology of blockchain and Watson Internet of things
in fact, in the next few years, the Internet of things will become one of the most exciting and largest application fields of blockchain. Blockchain solves the trust problem and financial transactions between massive devices and nodes in the Internet of things. The Internet of things based on blockchain and e-money can enable smart appliances to automatically complete financial transactions such as paying electricity bills, while IBM Watson cognitive technology can automatically recommend a more reasonable level of electricity consumption by learning historical data, which can form a real smart grid from the perspective of the whole society
in May 2016, two Chinese blockchain enterprises announced to join the hyperledger super ledger project led by IBM and Linux foundation. Also in May, Ping An Insurance Group announced to join the international R3 alliance to jointly develop innovative business applications based on distributed shared ledger technology with other financial institutions
now, blockchain is not only as simple as having influence on Internet technology, but also to create a new decentralized next-generation business model, which is the real significance of the blockchain revolution< br />
2. Before, blockchain had many disadvantages. It is too transparent, so that the flow of assets lost its e secrecy and security, which will easily bring the loss of assets to the participants. However, on the basis of the original blockchain, DERO optimizes the intelligent contract, improves the privacy and security, and avoids the operational risk caused by the data disclosure of the participants. Currently, DERO coin has been on the coin dragon online line.
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