When can blockchain be applied

1.

I have seen your question. In which aspects can blockchain be applied? Below by the small series to answer for you

bitcoin is the first specific application of blockchain. It was proposed in a paper by one person or a group of people in 2008. Bitcoin uses blockchain to send digital messages to bitcoin, and the name of bitcoin is bitcoin, without the intervention of a third party middleman

However, bitcoin is not the only application of blockchain, as follows:

1. Financial field: the application of blockchain technology in the financial instry can eliminate the third-party intermediary link, realize the point-to-point direct docking, so as to greatly rece the cost and quickly complete the transaction payment

2. Internet of things and logistics: blockchain can also be naturally combined in the field of Internet of things and logistics. Through blockchain, we can rece logistics costs, trace the proction and delivery process of goods, and improve the efficiency of supply chain management

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

4. 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

5. In the field of insurance claims, insurance institutions are responsible for fund collection, investment and claims settlement, and often have higher management and operation costs. Through the application of smart contract, there is no need for the applicant to apply or the insurance company to approve. As long as the claim conditions are triggered, the automatic claim settlement of the policy can be realized

6. Public welfare field: the data stored on the blockchain is highly reliable and tamperable, which is naturally suitable for social public welfare scenarios. The relevant information in the public welfare process, such as donation project, collection details, fund flow, recipient feedback, etc., can be stored on the blockchain, and can be made transparent and public, which is convenient for social supervision

the above is for your reference only, hope you can adopt it, thank you

2. Tell you what blockchain is and what can it do

what is a blockchain? How does it work

bitcoin has become the trend of modern Internet, followed by blockchain. It is said that blockchain technology will lead to fundamental changes in Internet operation, enterprise operation and everything else

but what is blockchain? Most of us don't know much about blockchain. If you want to understand blockchain, you can read this article carefully

what is a blockchain? In the simplest terms, blockchain is a distributed ledger

to understand what this means, let's first look at its opposite: a centralized ledger. Because blockchain technology starts from finance, we will also use the bank as an example

the following is the process of our bank debit card transaction:

you can buy goods by swiping your card in the store

the merchant sends the bill to your bank to get the agreed amount

your bank will verify whether you are likely to authorize the purchase

banks remit money to businesses

finally, the bank records this information in its ledger

there are a lot of technologies involved here, but basically that's it. The last step is important - the bank keeps track of all transactions made by the customer. This ledger goes all the way back to the first transaction the bank made

the ledger is kept, maintained and supervised by the bank. You can read it in your online bank account, but you can't change it. The bank is in full control. If it decides to make a change, there's nothing you can do

it is crucial that if hackers can access the bank's ledger, it may lead to many problems. They can change the account balance to make it look like some transaction never happened, and so on

that's why distributed ledger is so cool

blockchain network visualization

if the bank operates on a distributed ledger, each member of the bank will have a of the ledger. Whenever any member of the bank makes a purchase, they will tell all other members of the bank

each member validates the transaction and adds it to the ledger (the added record is called a "block"). This has some important benefits because there are no centralized permissions to manipulate records. Hacker access to one ledger won't be a big problem because other ledgers can easily verify it

on the other hand, it requires a lot of work. In short, the second system is blockchain (at least in the financial scenario)

as mentioned above, blockchain is a decentralized transaction list. If I send Xiaoming two bitcoins, I will send a message to everyone in the network, saying "I am sending Xiaoming two bitcoins", and they will record the transaction<

bitcoin and blockchain

let's take bitcoin as an example to illustrate

bitcoin transaction

but the transaction must be verified. This is where blockchain technology has become a bit more complex. Each bitcoin wallet (which we will complete in one second) has a public and private key

you use your private key to send transaction requests to other members of the network and confirm that you have cryptocurrency in your account. If they do, they allow transactions to register on the ledger

the mechanism of public / private key system is very complex, but it comes down to that every transaction is verifiable and secure< However, the computing cost of the whole system is very high. Everyone who updates the ledger needs a lot of authority to validate transactions and modify the ledger. This is where mining comes in. People who verify and modify use their own computing resources, and each time they get a small transaction fee

and they're using a lot of electricity to do it

in this way, each transaction will be verified and added to the ledger, and the person who performs the verification and modification will be paid. This is a reasonable system

at the same time, it is also very safe. To change a single block, you have to change each subsequent block. After all this is done, validation will fail because other copies of the chain will show someone tampered with one

how to define blockchain is a difficult problem

although the mechanism behind blockchain technology is not always intuitive, it seems that it is not too difficult to explain what blockchain is. But what we're describing here is the traditional definition

we can use this special type of blockchain for a wide range of applications;, Such as cryptocurrency, sharing medical information, sending security messages and so on. But more blockchain like technologies are being developed for other uses

for example, companies may use internal blockchains to manage problem tracking in software. Each block in the chain may represent a problem, and users can publish updates to the network. But is this a blockchain? In this case, the ledger is not public, it is only visible within the company

some people will say that this is not a blockchain

other blockchain like technologies are not encrypted. Are they still blockchain? What if it's centrally managed but uses other blockchain features? What defines the lowest level of blockchain technology? There is no consensus on these issues

what is a blockchain wallet

we usually hear people talk about bitcoin wallets, Ethernet wallets and other cryptocurrency specific wallets. But wallet technology can be used in any system that uses blockchain

a wallet is the software or hardware that "saves" your cryptocurrency. But it doesn't really have anything, it's just a place to store public and private keys. This information allows you to access the currency shown in the public ledger

the wallet is the only record of the key. So if you lose it, you will no longer be able to access your cryptocurrency

in the future of blockchain, how will it change our lives

one important thing about blockchain is that it is a public resource and no one really owns it because everyone owns it

blockchain is more than science fiction. We don't need to understand the mechanism behind this technology, but you need to understand that it may completely change our lives in the next 20 years

that sounds bold, but remember, 20 years ago, we were browsing the Internet on Netscape, using the most advanced Motorola flip phone, and buying our first DVD player. At that time, if we imagined that the computer could be held in our hands, and that we could buy a car, pay for money and watch movies on it, it would be considered a fantasy

although the impact of blockchain may not be as obvious as the Internet or as tangible as mobile phones, blockchain will effectively solve many troubles in daily life. For example, intermediary entrapment, transaction delay and so on. In our present life, middlemen can be seen everywhere. We take it for granted that they are a part of our life. If one day, these intermediaries no longer exist, you will find that the world will become a different one

imagine that by 2040, blockchain may become a mature and widely used technology. One day, you can't do without blockchain, just as you can't do without the Internet now, you will be surprised that this decentralized accounting technology has become a part of your lifestyle<

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3.

Vpay, full name is visual payments, Chinese means virtual payment. It was first established in the United States as a platform for digital currency trading, such as bitcoin, quark coin, Leyte coin, etc

vpay is a payment platform for the circulation of digital currency, which was created by Mark & Chen 9642, a former technology executive of Google; Created by Milo. Vpay is a platform without borders, digital trading platform, international shopping mall platform, like Alipay and WeChat. The difference is that Vpay is developed by the most popular block chain technology in the financial circle since 2017. It can achieve cross border transfer without any spot, and there is no fee. p>

extended data

digital currency is short for digiccy, which is the abbreviation of "digital currency" in English, and is the alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digiccy

digital currency is an unregulated and digital currency, which is usually issued and managed by developers and accepted and used by members of a specific virtual community. The European Banking authority defines virtual currency as a digital representation of value, which is not issued by the central bank or authorities, nor linked with legal currency. However, because it is accepted by the public, it can be used as a means of payment, or it can be transferred, stored or traded in electronic form