Personal summary of blockchain companies

1. The following points are the characteristics of the blockchain summarized by jinwowo group:

1 - Decentralization: because the blockchain relies on each node to achieve system maintenance and ensure the authenticity of information transmission, it is based on distributed data storage without centralized management by a certain center, Therefore, the attack and tampering of a node will not affect the healthy operation of the whole network

2-DE Trust: the establishment of a connection between any two nodes does not need to trust each other's identity, and the data exchange between the two sides does not need the basis of mutual trust. Since all nodes in the network can act as "supervisors", there is no need to worry about fraud

3 - extensible: blockchain is an underlying open source technology, on which various kinds of extension, decentralized and distrusted applications can be realized<

4 - anonymization: the two sides of data exchange can be anonymous, and the nodes in the network can exchange data without knowing each other's identity and personal information

5 - Security and reliability: because the activities between any nodes are supervised by the whole network, and the database adopts distributed storage, for hackers, first, they can't disguise and cheat, Second, we can't control the network only by conquering a node.

2.

Hello, thank you

How can enterprises establish their own blockchain

with the popularity of various currency transactions, the development of the exchange instry has been promoted. As Xiao, who wants to cross instry, how to establish a blockchain exchange development company? Chain soft network summarizes the following points for you

bitcoin exchange according to your business scope, and avoid violating the local laws and regulations and causing unnecessary trouble

2. Check the country's regulations and compliance requirements

almost all governments require entities involved in currency exchange business to comply with the "know your customer" (KYC) specification. KYC is a process for an enterprise to verify the identity of its customers through the ID card or passport issued by the government. The main purpose here is to prevent money laundering. Ensure compliance with KYC specifications in your country / region and integration of appropriate customer verification proceres in your exchange

3. Working with banks or payment processors

you need to work with banks or payment providers to process payments in legal tender. You can choose a trustworthy bank with lots of online facilities

4. Create liquidity in your exchange

any exchange needs liquidity to operate successfully. Customers are hesitant to place orders or even deposit money unless they see the full order and transaction activity. New transactions will naturally encounter liquidity problems

5. Ensure high-level security of trading and customer data

any exchange development company needs first-class security to ensure that the funds of exchange operators and traders are safe. This should also apply to your customers' private data, including their KYC details and bank account information. Over the years, the unnoticed GOx vulnerability resulted in the theft of nearly 1% of the total number of bitcoins in circulation at that time. According to chain soft network, between 2009 and 2019, one third of all bitcoin exchanges were hacked. Therefore, security must be the first priority in your transaction

Finally, customer support is another important part of a successful exchange. Staff are required to approve KYC requests, answer customer complaints, process deposits and withdraw legal tender, etc. A fast customer support mechanism ensures that your customers start trading from the date of signing and generate revenue for your exchange

I hope it can help you to solve the related problems. For more details, please feel free to consult and discuss< br />

3. Blockchain has the following characteristics:
decentralization. Blockchain technology does not rely on additional third-party management institutions or hardware facilities, and there is no central control. In addition to the self-contained blockchain itself, each node realizes information self verification, transmission and management through distributed accounting and storage. Decentralization is the most prominent and essential feature of blockchain

openness. Blockchain technology is based on open source. In addition to the private information of all parties involved in the transaction is encrypted, the data of blockchain is open to everyone. Anyone can query blockchain data and develop related applications through the open interface, so the information of the whole system is highly transparent

independence. Based on consensus specifications and Protocols (similar to various mathematical algorithms such as hash algorithm used by bitcoin), the whole blockchain system does not rely on other third parties, and all nodes can automatically and safely verify and exchange data in the system without any human intervention