Blockchain improves financial management efficiency

1. blockchain technology will not affect efficiency and waste computing power. The key is to see how to innovate in a mode and how to use blockchain technology efficiently to achieve the effect of the mode
blockchain is essentially an encryption algorithm, which is based on the principle of hash 256 bit algorithm to achieve information security; The application of modern information will become more and more global and universal. Besides the basic requirements of anti tampering, anti repudiation and trustworthiness, the protection of privacy needs to be strengthened. The blockchain technology is proced because of the development of modern cryptography. The cryptography used today is the result of cryptography 20 years ago, Therefore, in order to apply the blockchain technology to more participation scenarios, especially in the Internet economy, more verification is needed to verify whether the existing encryption technology can meet the demand, and more in-depth integration of cryptographic frontier technology and continuous innovation are needed
as long as we use blockchain to make innovations in accounting methods based on our own mode, it will not affect efficiency and waste computing power, but will shorten the time and improve efficiency.

2. Instry application of Newton
1) Chain retail: under the corporate organizational structure, capital gains have far exceeded labor gains. With the development of computer and Internet, a new generation of giant retail institutions accelerate the accumulation of wealth to capital. Chain business is the basic business model of human-computer community, and any behavior that has a positive contribution to human-computer community will be encouraged. The application of chain business model in the retail instry is concive to recing transaction costs, protecting consumer privacy and promoting intelligent cooperation
newmall: in the online mall of newmall, because there is no profitable commercial intermediary, the transaction cost of the seller will be greatly reced, and consumers, service providers and other participants can get the incentive of Newton's pass according to the contribution value (newforce)
new digital asset management: as a new digital asset of users, consumption data can be managed through tools such as newpay. Users really own the data, carry out authorization control, pricing and charging, and eliminate the data disclosure without knowledge
targeted advertising: users can set whether to accept marketing, as well as the required information type and price range through newpay and other tools. Advertisers set marketing plans through various marketing smart contract templates built into the system, including target users, incentive mode, settlement method, dynamic price adjustment rules, etc. Advertisers can accurately put in advertisements, make point-to-point settlement with users, and eliminate advertising fraud< br />2 Payment: the current payment cost is high, the efficiency is low, and the flexibility is poor. Through blockchain and other technologies, we can build a new generation of transaction and payment system. Internet of things devices based on newiot technology can access newchain at a very low cost. Smart contracts can be established between devices to realize automatic settlement and payment, meeting the high-frequency requirements in this scenario
Global Payment: through the global distribution of newchain infrastructure and newpay payment tools, cross-border transactions are simple and convenient, and the cost is extremely low
3) supply chain: goods are usually delivered to consumers through logistics, warehousing, customs clearance, sales and many other links. When there is after-sales service, there will be a corresponding reverse process. The current supply chain is basically opaque, and it is difficult for consumers to confirm the origin and circulation information of goods. For some instries, such as food, medicine and luxury goods, this is a big problem. Therefore, a transparent and credible supply chain system for all stakeholders is very important
through the combination of atomic hash, newiot, newchain and other technologies, the supply chain system will be credible, open and transparent, and generate more business innovation
4) self financing: the traditional financial service system has the characteristics of heavy workload, long cycle, high cost and poor flexibility, which is usually difficult to serve small and medium-sized enterprises and indivials. Through digital identity and credit, a new self financing system can be established
enterprise and indivial credit: enterprises and indivials establish a consistent credit system based on newid. Only after authorization, can a third party obtain credit records
Asset Securitization: through the smart contract template, financial organizations can create financial procts without human participation. Through the relevant token tools based on newchain, all kinds of assets can be easily valued or transformed into token on the chain
5) gaming: by combining with blockchain technology, a new game experience can be created: users are both players and rule participants, and virtual game assets are owned by users
automatic transaction of virtual game assets: through the cross chain and Oracle technology provided by newchain, the virtual items in various games can be easily recorded on the blockchain, and the automatic transaction can be realized
game with transparent rules: game developers can easily establish algorithm transparent game logic through newchain related smart contract tools to improve the fairness and transparency of the game
6) agriculture: Currently, there are many problems in agriculture, such as incomplete data and low degree of automation. Block chain combined with Internet of things technology can automatically collect, store and analyze proction data, save the high maintenance cost of centralized management system, rece the later maintenance cost, and help to improve the intelligent and large-scale level of agriculture
traceability of agricultural procts: by introcing the Internet of things equipment compatible with newiot standard into the process of agricultural means circulation, agricultural proction and agricultural procts sales, the safety and efficiency of the whole process of agricultural proction can be improved. Due to the non tampering characteristics of proction data, it can be widely used in scientific research and anti-counterfeiting purposes
intelligent planting: through the Internet of things sensor compatible with newiot standard, it can realize the all-weather monitoring of the planting environment and crop growth. Combined with newai, it can make intelligent decisions on the monitoring results, and build a complete set of intelligent planting system, which can discover risks in time, stabilize proction and increase income
7) public welfare: with its characteristics of decentralization, high transparency and tamper proof information, blockchain technology naturally meets the needs of the public welfare field. Public welfare organizations can store the whole process information from fund-raising, project progress, use of donation and feedback from recipients on newchain for the convenience of donors and the public< Public welfare audit: public welfare activities need public welfare audit to improve efficiency and maintain trust. Through newchain, newid and other technologies and agreements, every donation will be traceable. Public welfare institutions can track the later situation of the relief objects through relevant tools, which helps to enhance the fairness and transparency of public welfare
wildlife protection: using newiot technology, the data of rare wildlife resources can be recorded on newchain, so as to track the location, body index, etc. of each specific animal, providing key information help for migration scientific research tracking, combating poaching and trafficking.

3. 1. Blockchain in the field of payment: the cost of reconciliation, clearing and settlement between financial institutions, especially cross-border financial institutions, is high, and many manual processes are involved; The application of blockchain technology can rece the cost of reconciliation and dispute resolution between financial institutions, significantly improve the efficiency of the payment field, and make it easier for financial institutions to handle small cross-border payment business, which is concive to the realization of inclusive financial business. 2. In the field of clearing and settlement: different financial institutions have different infrastructure structures and business processes, involving many manual processes, which greatly increases business costs and is prone to errors. The application of blockchain technology, combined with the assets on the chain mentioned in the second point, can complete the point-to-point real-time clearing and settlement, so as to rece the cost of value transfer, shorten the time, improve efficiency, and both sides of the transaction can obtain good privacy protection. 3. Asset management: equity, bonds, bills and other assets are entrusted by different intermediaries, which increases the transaction cost of assets and brings the problem of forged vouchers. With the application of blockchain technology, this kind of assets can be digitized into digital assets on the chain. With the characteristics of irreversibility, non tampering and openness of blockchain, the efficiency of asset transaction can be improved and the cost of asset management can be reced. Because the characteristics of blockchain are irreversible and tamperable, the information is confidential and secure, the point-to-point transaction transmission is decentralized, and the information can be traced reliably; In order to rece intermediate costs and improve efficiency, it is not only used in accounting and auditing, but also can be applied to all walks of life. Now we can see the mode of blockchain cooperation operation from behind the operation of all walks of life. Therefore, blockchain will widely and profoundly change the way of human life, so the whole life service will enter the era of blockchain. In the process of Internet development, blockchain + physical instry, blockchain e-commerce and blockchain community operation can be applied to blockchain technology.

4. Blockchain technology is to use computers to solve some propositions that can't be calculated by human brain. Generally, these propositions can't be judged by backstepping. They can only be tested one by one, so this is our legendary mining. So the stronger the computing power of the computer, the easier it is to try to get the right number, which means that we have succeeded in mining
this is totally different from the operations in accounting. Most of the operations in accounting are floating-point operations, which are totally different.

5. Blockchain uses "algorithm proof mechanism" to ensure this trust
jinwowo Group believes that with this trust, all nodes in the whole system can exchange data automatically and safely in a trusted environment
compared with other time-consuming and expensive tool technologies, it can automatically match and enforce in real time at a low cost. 11 "intelligent trust" brought by blockchain Technology

6. Single string capacity multiplied by number of strings and total capacity (total energy)

7. In fact, the level of Kung Fu has a physical change, but I don't know. Your martial arts is called scientific martial arts.

8. Blockchain itself is an information technology
it is characterized by decentralization and easy reading. Strong confidentiality, security, not easy to crack.