What does BBT blockchain represent

1.

A: the basic characteristics of blockchain

I. 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

Second, openness

the foundation of blockchain technology is 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

Third, 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

Four, safety

as long as 51% of all data nodes cannot be controlled, the network data cannot be arbitrarily controlled and modified, which makes the blockchain itself relatively safe and avoids subjective and artificial data changes

5. Anonymity

unless there are legal requirements, technically speaking, the identity information of each block node does not need to be disclosed or verified, and the information transmission can be anonymous

2.

Blockchain is a special network account book. The core of blockchain technology is digital encryption. As early as 1991, a group of young people invented a new set of mutual authentication encryption technology in order not to tamper with the date of electronic documents. By means of cryptography, they concatenated and protected the concatenated text records (also known as blocks)

blockchain stores data in blocks, and each block is queued in strict order to form a "chain". If someone wants to change the content of a block, the unique characteristics of the block will also change, and the following blocks will not recognize it immediately, and the "fake" block will have to break away from the chain

extended data

users all over the world can connect their servers to the blockchain network and become an independent node in the distributed database storage system. Once joined, the node will enjoy the same rights and obligations as all other nodes

therefore, people who carry out services on the blockchain can read and write to any node in the system. All nodes in the world will synchronize again and again according to some mechanism, so that the data of all nodes in the blockchain network is completely consistent

because of the two characteristics of immutability and decentralization. Blockchain is a good solution to the problem of trust in modern commercial society. It has emerged in financial services, Internet of things, public services, social welfare and supply chain management

3. ——Blockchain number refers to the name and record number of the blockchain consulting service. There is no general agreement in blockchain, and most of them operate independently. The filing and numbering of blockchain is one of the tasks to establish the supporting system of general agreement.