Blockchain and credit

1. 1. At the international summit on blockchain held from September 23 to 24, 2016, Ma Zhitao, vice president and chief information officer of Weizhong bank, disclosed that Weizhong bank and Huarui Bank jointly developed a blockchain application system, which can be used for the settlement and clearing of micro loan joint loans of the two banks. The system has been put into trial operation in September. After the introction of the blockchain system, because all information is recorded on the blockchain network and cannot be tampered with, the transaction process is accompanied by the liquidation process, which can complete real-time liquidation< On September 23, 2016, IBM and China UnionPay previewed the "inter-bank points exchange system using blockchain technology", which allows consumers to exchange bonus points across banks and platforms. The points of one bank can be exchanged for bonus points of other banks, and even for mileage of several airlines and supermarket rewards, The system can greatly improve the efficiency of bank points. Take the point exchange as an example. Traditionally, consumers take away goods after exchanging points, but merchants need to prove the user's points and settle accounts before they can finally complete the transaction. The blockchain can link all the credit perfectly. The original trust process and cost that rely on the third party can be removed, and the transaction is settlement
3. The central bank's blockchain digital bill trading platform
in early 2017, the people's Bank of China's blockchain based digital bill trading platform was successfully tested, and then the digital currency Research Institute of the central bank will be officially listed. The people's Bank of China has become the first central bank to study digital currency and its real application
the central bank's blockchain digital bill trading platform introces digital currency for settlement, which can realize the synchronous transfer of capital flow and information flow of digital bill transaction, so as to realize DVP bill settlement; At the same time, through the blockchain digital identity solution, the problem of repeated KYC authentication for users between different financial institutions is solved. You can learn more about it at bitMom

2. Yunnan metallurgy used to be called Gejiu Yunxi company, Dongchuan Mining Bureau, Yimen copper mine and Huize Lead zinc mine.

3. The entry threshold of virtual currency is the lowest, which is relatively reliable. Choose regular exchange hot currency or okex. Leverage trading of foreign exchange futures is very risky. The stock market is not perfect and has little investment value at present.

4. It mainly depends on your technology. You can do it separately,
my foreign exchange cost is low, only a little difference, no hand fee

6. Blockchain technology is characterized by anonymity, decentralization, openness and transparency. Blockchain is not a newly invented technology, but an integration of a series of technologies, including asymmetric encryption technology, timestamp, consensus mechanism and so on
taking bitcoin as an example, blockchain solves double spending and Byzantine Generals' problem through timestamp and proof of work mechanism, that is, it ensures that the same bitcoin can not be spent twice, and keeps consistency among all nodes in the whole decentralized blockchain network
the asymmetric encryption mechanism ensures the security of the private key, the timestamp ensures that the blocks are connected into chains in sequence, and the workload proof mechanism solves the problem of how to distribute 21 million bitcoins fairly in the decentralized system.

7. In the current market economy, the integrity of online trading is based on the enterprise or indivial itself, but the development of online trading is still hot, in essence, because it meets people's needs. But with the continuous development of blockchain technology, blockchain can also see such a trend, because it is able to build a bridge of trust between people

blockchain technology is also known as distributed ledger. Generally speaking, if we assume that the database is an ledger, reading and writing the database can be regarded as a kind of bookkeeping behavior. The principle of blockchain technology is to find the fastest and best person for bookkeeping in a period of time, and let this person do the bookkeeping, This page of the ledger is then sent to everyone else in the system. This is equivalent to changing all the records in the database and sending them to every other node in the whole network, which can not only ensure the data security, but also ensure the authenticity of the data, so as to enhance the social credit.

8. With the rise and continuous development of blockchain technology, many enterprises, institutions and indivials have taken the lead in the field of blockchain for in-depth analysis. At present, blockchain technology is in the rising stage. With the continuous growth and improvement of blockchain technology, it will have the opportunity to become a new credit mechanism based on the bottom decentralization. In the future, jinwowo will focus on promoting the legal circulation and commercial application of big data with blockchain technology, and provide a good Internet big data environment for the majority of small and medium-sized enterprises and users

9. As one of the icebreakers of blockchain technology development and application, jinwowo group has made substantial progress in how to innovate the blockchain business model, create a blockchain circle with regional characteristics, and build blockchain patent protection. In terms of serving the national small and medium-sized enterprises, jinwowo has formed a big data service platform with blockchain as the underlying technology. Through efficient and real collection of user data, analysis and research of user behavior, it helps businesses and users to establish "Credit ID card" and build instry credit relationship, so as to promote the development and improvement of Internet and social credit system.