Three minutes to tell blockchain what it is
in the future, blockchain will be applied in any field and bring great impact on human life. Blockchain technology is regarded as one of the main protocols of the next generation of value Internet. Blockchain technology will be useful in any field of proction and life that lacks trust. From digital currency to securities and financial contracts, health care, games, artificial intelligence, intelligent contracts, Internet of things, identity authentication, asset trading, e-commerce, social communication, file storage and other fields can be widely used
in the aspect of medical treatment
when the blockchain technology is used to save the personal medical records, there will be the historical data of personal medical treatment, which can be understood as the electronic medical records on the blockchain. In the future, there will be data for medical treatment or health planning, and the real master of this data is the patient himself, not the hospital or a third-party organization. In addition, these data have strong privacy, and the use of blockchain technology also helps to protect the privacy of patients
payment system
compared with the existing traditional payment system, blockchain technology can avoid the complex system, directly between the two sides of the transaction, does not involve intermediary institutions, even if part of the network is paralyzed, it will not affect the operation of the whole system. This method has the characteristics of low price, fast speed, and no intermediate fees
banking
as a digital, secure and anti-interference account, blockchain realizes the core function of Banking: the safe storage and transfer center of value. Some banks with keen sense of smell in the world have begun to actively plan to join the army of blockchain research and application in order to gain the initiative in the fierce competition in the future
identity authentication of blockchain
blockchain has the feature of being accessible to everyone. Everyone can query the block information in any place with network. The high transparency also makes blockchain full of charm. In the future, ID card and account book are basically not needed, because every identity information can be written into the blockchain. When you need to verify the information, you only need to look it up to find it
election
based on the voting transaction on the blockchain, it can be confirmed that no vote has been modified or deleted, and there will be no improper voting
Real Estate
blockchain technology can change the operation mode of the real estate market. It can combine many complex processes and cases that real estate companies usually deal with, speed up the transaction process, rece fraud, and provide more transparent and secure transactions for each participant. Provides a way to achieve paperless and fast trading needs
the probability of various kinds of errors in securities issuance and trading, such as general stocks, is too high, which requires manual correction, thus prolonging the time required for transaction settlement. Through the transaction of distributed ledger, the automation of the whole process can be realized, and the security and efficiency can be improved. The identity and transaction volume of the trading party are recorded on the blockchain in real time, with an open, transparent and traceable system. It is concive to the market maintenance of securities issuers and regulatory authorities, and can rece the occurrence of black box operation and insider trading
in the scenario of relatively closed, multi-party trust problems and carrying value transmission, blockchain has unique technical advantages and also shows unique charm, which has great application imagination space. At the current stage, blockchain is worth exploring in some scenarios.
in a village, a spent 3000 yuan to buy a cow of B, how to record this account
so a and B found a mutual trusted C to record the account, but later a and C colluded and did not admit that a had bought B's cattle, so the deal became rough and disputes continued
later, B had another cow. Of course, B didn't sell it to a this time, because a had no credit, so he gave it to d. This time, instead of looking for witnesses, they went to the whole village to roar after the transaction. B said Wang Erhua paid 3000 yuan to buy a cow from me, d also went to the whole village to shout that I paid 3000 yuan to buy a cow from B, so there were many people in the village to record the transaction. In this way, there will be no bad debts, which is called decentralized and distributed accounting
here comes the problem
when you yell, are the villagers willing to charge for you, just because you have a big face
therefore, the first person to record accurately will get some bitcoin rewards
someone asked, what if two people finish the first record at the same time
in order to avoid this problem, it is necessary to set rules, for example, to answer a question first, or to record with feet, and it must be written in block letters. If you set a series of rules, there will not be many firsts
in the network, there are a lot of transactions going on every day, and there are also many people recording, and finally they get the reward of bitcoin. This process is the legendary mining
Mining requires a lot of equipment. We call these computer equipment mining machines
in this way, all the processes are in one system. The system will encapsulate the data every 10 minutes to form a box full of data, which we call blocks
with the continuous generation of blocks, they are linked together to form a blockchain.
1、 Blockchain is a new application mode of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies
blockchain is an important concept of bitcoin. It is essentially a disintermediated database. At the same time, as the underlying technology of bitcoin, it is a series of data blocks generated by using cryptographic methods. Each data block contains the information of a bitcoin network transaction, Used to verify the validity of its information (anti-counterfeiting) and generate the next block
2. Application
1. Art instry
ascribe enables artists to declare ownership by using blockchain technology, issue numbered and limited edition works, and target at any type of digital form of art. It even includes a trading market where artists can buy and sell through their websites without any intermediary services
In recent years, bitproof is the most advanced application in many document time stamp applications, which will make the traditional notarization method become the past. Bitproof offers more services than free versions including blocksgin and originstaemp, including one for intellectual property. Interestingly, bitproof recently cooperated with an it school in San Francisco to put their students' academic certificates on the blockchain, completely redefining how to handle and use diplomas and student certificates Development instry colu is the first enterprise to allow other enterprises to issue digital assets. They can "token" all kinds of assets to impress many people. Although the free bitcoin wallet couperparty also allows simple tokens to be issued and traded among other wallet holders, the tokens of colu can be set with various states and types, can be detached from or returned to the system, and can be stored on BitTorrent's network when the data stored on the blockchain is too large4. Real estate instry
they plan to make the whole instry chain process more modern and solve various problems faced by everyone when participating in real estate, including naming process, land registration, agency, etc
5, Internet of things
a possible application scenario is: generate corresponding behavior through transaction, assign address to each device, inject a certain fee into the address, and perform relevant actions, so as to achieve the application of Internet of things. Similar to: PM2.5 monitoring point data acquisition, server leasing, webcam data call, DNS server, etc
6. Insurance instry in the past two years, the hottest topic in the field of science and technology can not be separated from blockchain technology. This underlying technology, born out of bitcoin, has proved its highly secure and reliable architecture and algorithm design with more than seven years of stable operation. At the same time, with innovative technologies such as distributed ledger and smart contract, it has opened up a huge imagination space for instrial upgrading of many instries. Some instry experts even predict that blockchain technology will set off the second Internet revolution
extended materials:
in 2008, Nakamoto proposed the concept of "blockchain" in the white paper on bitcoin, and established bitcoin network in 2009, developing the first block, namely "Genesis block"
the shared value system of blockchain was first imitated by many cryptocurrencies, and improved in workload proof and algorithm, such as equity proof and scrypt algorithm. Subsequently, the blockchain ecosystem has been evolving all over the world, with the emergence of ICO for the first token sale, Ethereum for smart contract blockchain, "asset token sharing economy with light ownership and heavy right to use" and blockchain countries
at present, people are using this shared value system to develop decentralized applications (DAPP) in all walks of life, and build decentralized autonomous organizations and decentralized autonomous communities (DAS) around the world
blockchain technology is a technology solution that does not rely on a third party and stores, verifies, transmits and communicates network data through its own distributed nodes. Therefore, from the perspective of financial accounting, some people regard the blockchain technology as a distributed, open and decentralized large-scale network bookkeeping book. Anyone can use the same technical standards to add their own information at any time, extend the blockchain, and continuously meet the data entry needs brought by various needs
generally speaking, blockchain technology refers to a way for the whole people to participate in bookkeeping. There is a database behind all the systems. You can think of the database as a big ledger. So it's very important who keeps this account book. At present, whose system will keep accounts, wechat's account book is Tencent's account book, and Taobao's account book is Ali's account book. But now in the blockchain system, everyone in the system can have the opportunity to participate in bookkeeping. If there is any data change in a certain period of time, everyone in the system can conct bookkeeping. The system will judge the person who has the fastest and best bookkeeping in this period, write the content of his records into the account book, and send the content of the account book to all other people in the system for backup. In this way, everyone in the system has a complete account book. This way, we call it blockchain technology
blockchain technology is considered to be the most disruptive technological innovation since the invention of the Internet. Relying on the ingenious distributed algorithm of cryptography and mathematics, it can make the participants reach a consensus without the intervention of any third party center on the Internet where the trust relationship cannot be established, and solve the problem of reliable transmission of trust and value at a very low cost
bitcoin peer-to-peer network stores all transaction history in "blockchain". The blockchain continues to extend, and once new blocks are added to the blockchain, they will not be removed. Blockchain is actually a distributed database composed of a group of scattered client nodes and all participants, which is a record of all bitcoin transaction history. After bitcoin transaction data is packaged into a "data block" or "block", the transaction is initially confirmed. When a block is linked to a previous block, the transaction is further confirmed. After six block confirmations in a row, the transaction was irreversibly confirmed
blockchain is public on the network and can be queried in every offline bitcoin wallet data. The lightweight bitcoin wallet uses online confirmation, that is, it will not download the blockchain data to the device storage
digital currency is easy to be regarded as a new currency by traditional financial institutions, but in fact, the significance and value of its underlying technology is far greater than its monetary attribute. Taking bitcoin as an example, it is generally regarded as a kind of point-to-point digital currency, but from the technical level, it is actually a point-to-point decentralized network platform, which relies on the blockchain technology. Digital currency is a global peer-to-peer network platform based on blockchain technology. Represented by bitcoin, the application of blockchain in the field of digital currency is also known as blockchain 1.0 [1].
in a narrow sense, blockchain is a kind of chained data structure, which is composed of data blocks connected in sequence according to the time sequence, and is a distributed account that can not be tampered with and forged by cryptography. In a broad sense, blockchain technology is a new distributed infrastructure and computing paradigm, which uses blockchain data structure to verify and store data, uses distributed node consensus algorithm to generate and update data, uses cryptography to ensure the security of data transmission and access, and uses intelligent contract composed of automated script code to program and operate data
both eurocrowdfunding and Ethereum use blockchain technology.
