Why is blockchain the infrastructure of digital society

1. The definition of Chongqing jinwowo analysis blockchain technology is as follows:
1. Blockchain is a distributed database (system) placed in a non secure environment
2. The blockchain uses cryptography to ensure that the existing data cannot be tampered with
3, the blockchain uses consensus algorithm to reach consensus on new data
the system with the above three properties is blockchain.

2. After the fire of new infrastructure, the blockchain instry will certainly have a good development. In the new infrastructure, data is becoming more and more important. Because the combination of blockchain and these technologies can ensure the credibility of data and ownership
an obvious phenomenon is that many provinces and cities are vigorously promoting the implementation of blockchain government service applications. For example, in Hunan, there are SMIC (Changsha) blockchain public platform, Loudi blockchain real estate registration platform and so on, which are blockchain government applications that have been implemented and well done.

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6. What is blockchain technology

before discussing how to apply blockchain in daily life, let's talk about what blockchain is and how it works

blockchain is an open distributed database, which is essentially a computer file used to store information (data)

the name of blockchain comes from its structural characteristics: the file is composed of data blocks, and each block is linked to the previous block to form a chain. Each block contains data, such as transaction records and records when the block was edited or created. Information (data) is stamped with time stamp, which is the origin of blockchain

it is crucial that, unlike centralized databases owned by companies or government agencies, blockchain is not controlled by any person or entity, and data is completely copied (distributed) on multiple computers

because it is a decentralized way to store and access data, it becomes extremely secure. Different from the centralized database, the attacker does not have a single entry point, so the data security is more guaranteed<

in addition to the two characteristics of decentralization and security, blockchain has become a leading technology which is different from other technologies:

tamperability: once entering the blockchain, any information can not be changed, even the administrator can not modify this information. It makes blockchain easy to audit

accessible: all nodes in the network can easily access information

no third party: blockchain can help point-to-point transactions, so whether you are trading or exchanging funds, you do not need the approval of a third party. Blockchain itself is a platform

the impact of blockchain technology

first, the open and tamperable nature of blockchain technology makes it possible to decentralize the trust mechanism. It has the potential to change the financial infrastructure. Various financial assets, such as equity, bonds, bills, warehouse receipts and fund shares, can be integrated into the blockchain ledger to become digital assets on the blockchain, which can be stored, transferred and used in the blockchain Deal. It has a broad application prospect in the financial field. For example, it has typical applications in cross-border payment, insurance claims, securities trading, bills, etc

Second, the current Internet of things ecosystem relies on the centralized network management architecture, and all devices are connected through the cloud server. With the expansion of the network scale, the infrastructure and maintenance of centralized cloud servers, large servers and network equipment will occupy a high cost

in the decentralized Internet of things, blockchain is a framework to promote transaction processing and cooperation among interactive devices, and each device on the network can operate as an independent and micro business entity< Third, public service is a factor to promote economic growth and social progress. The supply of public service has an important impact on various subjects, systems, cultures, attitudes and behaviors in the process of political, economic and social development. The traditional notarization relies on the government, and the limited data dimension and the historical data information chain that has not been established often lead to the government and schools unable to obtain complete and effective information. Using blockchain, tamper proof can be established. In the fields of digital rights, intellectual property rights, certificates and public welfare, new authentication mechanisms can be established to improve the management level of public services.

7. The future is a digital era. Without blockchain technology and business support, the goal of digital economy can not be achieved. Blockchain is the foundation of infrastructure, important guarantee and trust in the era of digital economy, which enables all tangible assets to be processed digitally. Construction of blockchain by dese; In the era of 4.0, we should establish a multi-party trust cooperation mode at low cost in an untrusted competitive environment, and build a new transaction order and value system.