How does blockchain protocol generate revenue
blockchain technology has the following four ways to make money:
1. Hardware and infrastructure. A typical one is mining machinery proction and distribution chain, where you can make money by buying mining machinery and digging
2. The underlying platform of blockchain and common technologies, such as Ethereum and other public chains, and the privacy protocol nucypher, where you can make money by investing in its token, building applications on the chain, and providing services for users
3. Various vertical applications, such as supply chain traceability and Finance Based on blockchain, right confirmation and trading, can be used or invested to make money
Service facilities, such as digital asset exchange and wallet, media procts, etc., you can make money by making your own exchange
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type of blockchain
1. Public blockchain
refers to: any indivial or group in the world can send transactions, and the transactions can be effectively confirmed by the blockchain, Anyone can participate in its consensus process
public blockchain is the earliest and the most widely used blockchain. The virtual digital currencies of bitcoin series are all based on public blockchain, and there is only one corresponding blockchain in the world
2. Consortium block chains: multiple preselected nodes are designated as bookkeepers within a group, and the generation of each block is jointly determined by all preselected nodes (preselected nodes participate in the consensus process), and other access nodes can participate in the transaction
3. Private blockchain
private blockchain: it only uses the general ledger technology of blockchain for bookkeeping. It can be a company or an indivial, and only enjoys the write permission of the blockchain. This chain is not very different from other distributed storage schemes
From last year when I entered the field of blockchain and became a member of the coin circle, I found that there are many ways to make money from blockchain. It depends on what you can do to make money
< HR / >first of all, the most direct way is to speculate in digital currency in the exchange . In the initial stage, you can choose some mainstream currencies with high value, such as bitcoin and Ethereum
the fifth way is other special ways . This is another special way, including helping some project parties do community operation, you will get some token, or helping the project parties write white papers, you can also get a certain amount of token reward
there are probably several ways to make money in blockchain. I wish you an early realization of wealth P>
WeChat official account: Shenzhen District chain community
to put it simply, we should make an appointment to trade a certain amount of certain goods at a certain time and place in the future.
Share from DTV: how does the blockchain of DTV make profits in the end:
1. Build a blockchain ecosystem
Why do start-ups join in blockchain public chain projects one after another? Because it's a great opportunity. Any enterprise has the opportunity to create an ecosystem that subverts the existing pattern with its own ideas and operations. In this system, the currency designated by the ecosystem owner will circulate
because start-ups hold a certain amount of money and reserve some money for enterprises to dig, and the total amount of money is fixed, the faster the flow speed of the ecosystem is, the greater the demand for money is. More transactions chase less money, and the currency is bound to appreciate, but this idea is based on the fact that the currency is irreplaceable
now many research groups are developing cross chain technology to connect blockchains in different fields, so as to achieve the free circulation of money flow and data flow, and finally go to the exchange
in this case, the impact of a chain of money shortage on the ecosystem may not be as simple as the classical monetary theory, and the money price is likely not to follow the simple relationship between supply and demand. Designers need to think about this from a macroeconomic perspective
this is also the most attractive part of blockchain project: everyone is likely to establish new rules in this new field and become the manager of Qu centralized system. By then, the owners of the blockchain will have the ability to control the economy of the whole field - selling or inhaling digital currency will have a huge impact on the instry
2. Providing services for enterprises
providing services for enterprises is the main profit model of blockchain projects at the present stage, and cloud storage security skeptics are likely to turn to traceable and tamper proof blockchain service providers to seek maximum data security
for example, a blockchain start-up operating a data sharing platform, its main business includes providing data storage and data transaction services for customers, thus charging service fees and handling charges
there are many domestic start-up companies operating such businesses, such as cloud nest, border intelligence, magic chain technology, etc. Each company has excellent technology, but to make a profit, it may have to work hard on the operation
today, Tencent cloud's tbaas has joined this field and can provide services covering finance, supply chain, Internet of things, medical and other fields. It is believed that the competition and expansion of customers will become more difficult in the future
3. Smart contract participates in profit making
smart contract is like a contract that can be executed automatically. The validity of the contract is judged and enforced by machines instead of people. Its essence is still a piece of code, but the traceability and non tampering characteristics of blockchain can ensure that this piece of code runs automatically under the non trust mechanism. Blockchain is the precondition of smart contract operation
in practice, there are many opportunities for profit making through smart contracts, and smart contracts can solve these problems in a non black box way
in the running process of the program, the smart contract performs audit, classification information and other operations, which eliminates the interference of middlemen, and the record will not be artificially damaged, and the font on the file will not be blurred for a long time
but to some extent, the operators of smart contracts themselves become middlemen, and they automatically collect and pay audit fees through smart contracts. This kind of special intermediary service saves a lot of costs for customers, and its essence is realized by improving efficiency
4. Operation of special service driven system
many enterprises have their own exclusive fields in building blockchain community. Take the neurogenomics project led by geneticist church as an example. After enjoying the gene sequencing service provided by neurola, consumers can not pay in the form of legal money, but have to exchange legal money into the token issued by neurola
as more people exchange legal money for this token, nebula will successfully build a blockchain platform with gene data as the core, and after that, it will better carry out precision medical services
generally speaking, this mode relies on the actual technology, makes profits from offline services at the beginning of the project, and converts the legal money in the income into token in the process of making profits. With the progress of the project, the platform can carry out more precision medical services with the help of the data obtained from the start mode, and its profit methods have become diversified, but the whole process will not be separated from the entity
in the whole process of enterprise operation, token is mainly used as incentive, and token appreciation is not a problem that geneticists should consider
The original purpose of project 1CO is to crowdfunding in the market through pre-sale service. In 2013, the early 1CO company appeared in the financial field, and then quickly detonated the entire digital money market, resulting in the rise of speculationhowever, this storm came and went quickly. From 2013 to 2014 alone, many projects died in the speculation or were directly judged as fraud
according to Engadget data, 45.6% of the 902 crowdfunding based digital currencies have failed in 2017
Even so, there are still many survivors. These enterprises (including those that build the ecosystem) attach great importance to the role of token, and the appreciation of token will be calculated as part of the profits In essence, it is similar to an enterprise operating both financial assets (token) and operating assets (service) to manage operating assets to make financial assets profitable. However, if the proportion of "financial assets" is too large, the risk will come uninvited The foundation of sharing economy is to monitor the available resources and corresponding demands in real time and make adjustments to maximize the utilization of resources. For unicorns like airbnb, they have a mature management mode and stable cash flow. They try blockchain because blockchain technology can bring more transparent, more efficient and fairer systemsthis kind of enterprises use blockchain in the way of private chain or alliance chain. They don't need token to participate in circulation, and the nodes don't exist anonymously. They are interested in blockchain technology itself
with the blessing of blockchain technology, the manual input of ID information issued by the government will be transformed into the safe storage and verification of ID issued by the government. Customers and landlords can completely rely on the evaluation content. At the same time, the comments can be traced back to avoid the possibility of negative comments being deleted and the participation of the Navy
the profit model of airbnb and Tencent
The main application of blockchain in electronic cooperation is data storage. Through the deep use of cryptography algorithm, specially designed data structure and multi-party consensus algorithm, machine algorithm is used to solve the consistency, reliable storage and anti tampering problems of multi-party transaction records, which has a natural strong correlation with electronic data storage
as a leading third-party e-signing platform in China, we have been constantly polishing our procts for many years, and making a comprehensive layout of intelligence. Based on the original two core functions of real name authentication and contract signing, our E-contract SaaS proct function adds six moles: organization management, approval management, seal management, contract drafting, contract template management, notarization and certificate keeping. Earlier, we also released a number of technologies, such as handwriting recognition, fragmentation storage mechanism, printing security and anti-counterfeiting. In addition, in view of the lack of online judicial disposal channels and the different standards for determining the effectiveness of electronic evidence, we have launched a "real hammer" preservation system to achieve evidence preservation and real-time issuance of evidence, and provide more professional and efficient legal protection services while providing customers with electronic contract services
let me give an example of blockchain media that I have used. Most blockchain media are similar in this mode. I like to fry money, and then I know about the mustard circle app. His business model is that anyone can create a circle by himself or join other people's circle in some ways. The circle owner can publish some news in the circle and reprint some content related to the circle, such as movies, bitcoin and stock speculation. Then the members in it can receive the information. If those users feel valuable, they will stay in the circle all the time. Then, with a user group, the circle owner can set up paid content, such as 5 yuan to read the information or get a reward. This is the simplest way to make money from blockchain media. Of course, blockchain is a very important technical foundation, and these media are only formed on the basis of blockchain technology. Of course, their profit-making methods are more complex than what I said. Different blockchain media have different profit-making methods
now the application of blockchain in real life is more and more, and there will be more and more ways to reflect it. Just pay attention to the news and facts, and I hope it can help you.
how to make a profit from blockchain: 1. To build a blockchain ecosystem, why do start-ups join in blockchain public chain projects one after another? Because it's a great opportunity. Any enterprise has the opportunity to create an ecosystem that subverts the existing pattern with its own ideas and operations. In this system, the currency designated by the ecosystem owner will circulate. 2. Providing services for enterprises is the main profit model of blockchain projects at this stage. Cloud storage security skeptics are likely to turn to traceable and tamper proof blockchain service providers to seek the maximum security of data. 3. Smart contract participates in profit making. Smart contract is like a contract that can be executed automatically. The validity of the contract is judged and enforced by machine instead of human. Its essence is still a piece of code, but the traceability and non tampering characteristics of blockchain can ensure that this piece of code runs automatically under the non trust mechanism. Blockchain is the precondition of smart contract operation. 4. Special service driven system operation, many enterprises have their own exclusive field in building blockchain community. Take the neurogenomics project led by geneticist church as an example. After enjoying the gene sequencing service provided by neurola, consumers can not pay in the form of legal money, but have to exchange legal money into the token issued by neurola. 5. Mixed reputation - the original purpose of project 1co1co is to crowdfunding in the market through pre-sale services. In 2013, the early 1CO company appeared in the financial field, and then quickly detonated the entire digital money market, resulting in the rise of speculation. 6. The foundation of the sharing economy is to realize the maximum utilization of resources by monitoring the available resources and corresponding demands in real time and making adjustments. For unicorns like airbnb, they have a mature management mode and stable cash flow. They try blockchain because blockchain technology can bring more transparent, more efficient and fairer systems.