Blockchain extension information

1.

A: application fields of blockchain technology

I. financial field

blockchain has great potential application value in international exchange, letter of credit, equity registration, stock exchange and other financial fields

Second, the Internet of things and logistics

blockchain can also be naturally combined in the field of Internet of things and logistics

through the blockchain, we can rece the logistics cost, trace the proction and transportation process of goods, and improve the efficiency of supply chain management

Third, in the field of public service, blockchain is closely related to people's proction and life in the fields of public management, energy and transportation. However, the centralization of these fields also brings some problems, which can be transformed by blockchain

Fourthly, in the field of digital right, through blockchain technology, works can be authenticated to prove the existence of text, video, audio and other works and ensure the authenticity and uniqueness of ownership

In the field of insurance, insurance institutions are responsible for fund collection, investment and claim settlement, and often have higher management and operation costs

Sixth, the data stored on the public welfare field

blockchain is highly reliable and tamperable, which is naturally suitable for social public welfare scenarios

2. The increase of blockchain network information is bound to need expansion, but it is not limited to a BTC public chain. No matter which public chain develops to a certain stage, it needs expansion technical support network. Therefore, it can be said that expansion is a necessary link for the implementation of blockchain scheme
the expansion of blockchain is the general trend, but there are differences in the specific operation. According to the different levels of blockchain architecture, the instry has proposed a number of expansion solutions: first, optimize the data transmission protocol for the underlying data layer of blockchain, do not change the upper structure of blockchain, and improve the scalability, such as bloxroute, the 0-layer expansion scheme of blockchain; The second is to change the data structure and consensus algorithm to improve the scalability of the basic protocol of blockchain, such as DAG (directed acyclic graph), fragmentation, dpos algorithm, etc; Third, aiming at the application level, such as side chain, sub chain, state channel lightning network and so on, part of the on chain transactions are transferred to the off chain execution to rece the on chain processing pressure and improve the overall efficiency.

3. yes. In 2017, the size of the capacity hit this "invisible wall.". Soaring costs have made bitcoin unreliable. Some users can't confirm their transactions even after waiting for many days. Bitcoin stopped growing. Many users, businesses, enterprises and investors have abandoned bitcoin. Its market share in many virtual currencies also dropped rapidly from 95% to 40%.

4. Hello, it is reported that the public platform of SMIC blockchain in Changsha is going to launch blockchain + human resource services recently. We can look forward to how they can do blockchain + human resource applications.

5.

1.0: digital currency decentralization

2.0: smart contract; Digital assets; Financial application

3.0: decentralized mutual trust network; Decentralized trust mechanism

better use of digital currency trading platform "currency exchange"

6.

The current development stage of blockchain Technology: financial value period, credit value period and governance value period. Among them, blockchain 3.0 and 4.0 are developing rapidly. It is predicted that there will be a wave of great changes in blockchain technology

ecology makes the main chain and the side chain

ecol ecology makes the team deal with the difficulties faced by the side chain. Through data isolation and cross chain audit, the business data confidentiality and security of the side chain can be guaranteed, and the balance between data transparency and business confidentiality can be solved

and support multi side chain, main side chain communication, asset transfer, both integration and division of labor, both security and convenience. The main chain is mainly responsible for security and consensus. The side chain will provide smart contracts, token issuance, asset trading, cross chain interoperability, and the structure of the main and side chains. Through slimming and pruning technology, it can effectively prevent block swelling, garbage accumulation, and shorten synchronization time. To clear the obstacles for the implementation of high concurrency and lightning network

ecol ecol makes it possible to connect different blockchains through side chain technology, which is the key to solve the problem of slow transmission speed and low efficiency in expanding the external structure of blockchain. In short, the side chain is like a channel, connecting different blockchains together to realize the expansion of blockchain. In the long run, ecolink will graally build a high-speed value Internet belonging to the side chain in the case of developing, applying and proposing solutions