Does blockchain technology belong to storage

1. blockchain does not belong to any instry. Blockchain is a new application mode of computer technology, such as distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and so on. In a narrow sense, blockchain is a kind of chain data structure that combines data blocks in a sequential way according to the time sequence, and it is a distributed account book that can not be tampered with and forged by means of cryptography.

2. The definition of Chongqing jinwowo analysis blockchain technology is as follows:
1. Blockchain is a distributed database (system) placed in a non secure environment
2. The blockchain uses cryptography to ensure that the existing data cannot be tampered with
3, the blockchain uses consensus algorithm to reach consensus on new data
the system with the above three properties is blockchain.

3. Blockchain belongs to it technology, and finance is an application direction of blockchain
the core advantage of blockchain technology is decentralization, which can realize point-to-point transaction, coordination and cooperation based on decentralized credit in a distributed system without mutual trust by means of data encryption, time stamp, distributed consensus and economic incentive, so as to solve the high cost and low cost of centralized institutions Low efficiency and data storage insecurity provide solutions
the application fields of blockchain include digital currency, token, finance, anti-counterfeiting traceability, privacy protection, supply chain, entertainment, etc. with the popularity of blockchain and bitcoin, many related top domain names have been registered, which has a great impact on the domain name instry.

4.

Blockchain technology is popular in the market because it can rece intermediate links, rece fraud caused by data consistency, improve business efficiency and speed, rece the risk of counterparties, increase revenue and save costs

in-depth study of its implementation principle, blockchain uses cryptography algorithm, specially designed data structure and multi-party consensus algorithm to solve the consistency, reliable storage and anti tampering problems of multi-party transaction records by machine algorithm, which has a strong natural relationship with electronic data storage

first of all, the electronic contract signing records are stored in the shared account book jointly maintained by multiple parties, which can not be tampered with, denied, and of course will not be lost

secondly, electronic contract text and electronic contract elements are encrypted, including electronic contract participants. Only participants can decrypt and view the data to protect the privacy of the parties

thirdly, the machine strictly implements the pre-defined rules (smart contract), and no longer only relies on a single agreement with a third party. KYC service based on blockchain automatically checks and verifies the validity and identity of certificates, and ensures the authenticity of participants' identities on the basis of privacy

5. Blockchain is a kind of distributed shared accounting technology. What it needs to do is to enable all parties involved to establish a trust relationship at the technical level. Blockchain can be roughly divided into two levels, one is to do the underlying technology of blockchain; The second is to do the upper application of blockchain, that is, the transformation, optimization or innovative application based on blockchain
blockchain has been applied in several fields. In the first field of digital assets, in addition to some points and check-in cards we see, it also includes a variety of other assets, including the process of asset digitization
the second area is trade finance, because trade finance is originally a way of multi link participation and multi-party participation, blockchain can greatly improve the efficiency of the middle, making many of the original procts achieve the effect of substitutes
the third area uses equity, which is the company's equity. Like some regional equity trading centers, the purpose is to solve the convenience between equity and trading, and to make a relatively convenient circulation. At present, the multi center blockchain system can indeed improve efficiency and rece costs
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