Circulation of Woo blockchain

5.

blockchain is essentially a distributed ledger database, it is a series of data blocks generated by cryptography Association, and each data block contains effective confirmation information of multiple bitcoin network transactions

Statistics show that in 2017, China's e-invoice circulation reached 1.31 billion, and it is expected to reach 54.55 billion by 2022, maintaining an average annual growth rate of more than 100%. Recently, when talking about blockchain invoice, people's daily stressed that electronic invoice should be added with "lock", and blockchain's open consensus, decentralization, non tampering, distributed consistency and privacy protection are the "lock" of electronic invoice

finally, I repeat my idea: blockchain gives us freedom, and freedom will bring a lot of innovation. Innovation will eventually bring us wealth. I believe blockchain will have a similar development path. The core task of blockchain is to stabilize the value, establish a trust system with almost zero cost, and release the energy of indivials in pursuit of wealth preservation and appreciation

6.

It's worth it

the blockchain system is jointly maintained by all of us, and it does not need to specially consume human and material resources. The decentralized structure greatly reces the cost. At the same time, the disclosure of data makes it almost impossible to make false accounts. Blockchain takes mathematical algorithm as endorsement, and its rules are based on an open and transparent mathematical algorithm, which can enable people with different political and cultural backgrounds to reach consensus and realize cross regional mutual trust

in addition to building a monetary system, blockchain also has many application opportunities in the pan financial field. Based on the programmable characteristics of blockchain, people try to add smart contract to blockchain system to form programmable finance, which is represented by smart contract

extended data:

precautions:

the effective behaviors of users on the platform, such as consumption behaviors, are recorded on the blockchain. While confirming the rights, corresponding data rights and interests are allocated to users. OLO can be used not only to exchange goods and services in the whole ecosystem, but also to exchange with other mainstream digital currencies for cash. Such an incentive will encourage users to contribute more valuable data

small and medium-sized enterprises join the ecosystem through API interface, and use OLO to buy big users, big data and large traffic, so as to realize precision marketing and expand the scale of enterprises. In the whole process, user data is desensitized, so there is no need to worry about privacy leakage. Finally, a big data trading platform with shared interests and value appreciation between users and enterprises is built to bridge the business model gap between users and enterprises

as a token backed by data assets, OLO represents the value of the continuous precipitation of big data. The more precipitation of data, the more valuable it is, so OLO itself has value

7. In my opinion, risk and security awareness must be understood. You can see whether the token issued by the blockchain project you want to invest in has been put on a large trading platform. If the token of a project is not put on the exchange or the landing trading platform is a small exchange unheard of, then investors need to be more vigilant. At present, the largest exchange in China is okex, and small trading platforms have the risk of running away. New people should never touch it. You can go directly to the official website of okex.

8. General banks can exchange, but limited to Monday to Friday, I suggest you can go to Bank of China and Bank of communications, especially Bank of China, this business is very perfect, you can also use RMB to exchange US dollars in the future.

9. When it comes to blockchain, we have to talk about bitcoin. Most people in the market begin to recognize bitcoin through its market influence, because bitcoin was born on the basis of blockchain technology. Blockchain is simply an innovative application mode of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies. Applying this technology to the transaction of virtual currency can make each transaction proce a corresponding data block, so as to ensure the authenticity of information. The biggest advantage is that it cannot be forged, It solves the trust problem in data transaction environment

of course, as blockchain technology becomes more and more mature and stable, it will be more and more applied in various real instry business scenarios, including finance, social communication, Internet of things, e-commerce, games and securities trading, For example, our project of "intelligent system for ecological chain of structural hole investment and financing" is the first innovative application of this technology in the field of investment and financing. However, from the purely technical level, the main purpose of blockchain is to ensure the safety of data operation, which is the biggest advantage of this technology. So what is the relationship between blockchain technology and virtual currency? Take bitcoin as an example. Bitcoin is a virtual currency based on blockchain technology and proced through a large number of algorithms. Due to its special algorithm and the anti-counterfeiting function of blockchain technology, the total number of bitcoin will remain unchanged at 21 million. It is precisely because things are rare that bitcoin is loved by many people

so why are there a lot of virtual currency scams under the banner of blockchain in the market today? This is because these so-called innovative application companies of blockchain issue virtual currencies. Although they claim that the number of virtual currencies is very limited in the market promotion, and they can make investors earn a price difference by raising the price through currency speculation, in essence, the issuance of their virtual currencies is controlled by their companies and can be changed according to their own wishes and needs, The purpose is to make illegal profits. In the market, many investors who don't know the truth are cheated because they lack the knowledge of financial investment. They are in the spirit of speculation to earn profit. Once they are put in, these so-called virtual currencies will be manipulated by the company in the background, resulting in the loss of money. When investors enter into such a game, they often change from the original intention of speculation to gambling. When they buy at a high price and see that the price continues to fall, they will naturally make up their positions and make additional investment when there is a rebound. In this way, they are repeatedly cleaned up and cut leeks. Finally, they sink deeper and deeper and lose their property. It is precisely because the price is controlled by the company, Therefore, these companies make huge profits, even beyond the imagination of ordinary people. What we want to say about this market phenomenon is that it is not the fault of blockchain technology itself, but that it is caused by some illegal people in the market who stealthily changed the concept, took advantage of people's lack of professional knowledge of blockchain technology and financial investment, and grasped the psychology of greed for wealth< br />
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the existence of these black sheep in the market confuses the public and disturbs the market. As a result, the innovative application of business scenarios based on blockchain technology has brought serious practical obstacles to the healthy development of social economy and value creation of entrepreneurial and innovative projects, such as the "structural hole investment and Financing Ecological Chain Intelligent System" project, In fact, it is based on the innovative application of blockchain + AI + OKR and other technologies in the investment and financing ecological business scenario, and redefines the investment and financing business model. The purpose is to provide enabling services for the three groups of project parties, resource providers and investors in the ecological chain to create value and fulfill value transactions, so as to significantly improve the success rate of investment and financing for the three groups of customers, without issuing virtual currency, Without manipulating the price of the virtual money market, it is a good project for the healthy development of the social economy, which is also affected. It is really painful and difficult, but it has nothing to do, and it can only bear the hardships silently. Today's view is: blockchain fraud is guilty, and blockchain technology cannot be innocent.