Application of Alibaba blockchain
If bitcoin represents blockchain version 1.0, it proves to the world that digital currency can be realized. Then Ethereum represents blockchain version 2.0, which lets you know more about the play of blockchain, decentralized applications and smart contracts. In 2018, blockchain will enter the stage of 3.0, application and scenario landing will be the core of blockchain, and blockchain based applications in various instries will spring up, which will be the early dividend period of the last stage of blockchain development. The demand for talents driven by the application of blockchain technology has become increasingly large. Blockchain technical talents have become the new professional talents, which are highly competitive, and also have enviable high salaries
whether to form a meaningful large-scale consensus: one of the outstanding advantages of blockchain is that it can effectively form a large-scale consensus by opening account books and notifying the whole network. At present, there is no need to form a network wide consensus for many projects. Some projects are just for crowdfunding and token issuance. The blockchain consensus of projects is meaningless. Does this model have network effect: network effect means that a project will become more and more valuable with more and more users of the project, because the value of the project is not in the users themselves, but in the connection network between users. Bitcoin is a typical example. The more user nodes there are, the more links between nodes will grow exponentially, and the whole ecosystem of bitcoin will be more valuable
of course, in addition to these points, there are many basic principles to judge the project, such as effective incentive mechanism, strong team, project solving pain points, and so on
The application prospects of blockchain are mainly in the fields of finance, Internet of things and logistics, public services, digital rights and insurance
1. Blockchain has great potential applications in international exchange, letter of credit, equity registration, stock exchange and other financial fields. The application of blockchain technology in the financial instry can eliminate the third-party intermediary link and realize the point-to-point direct docking
2. Blockchain can also be naturally combined in the field of Internet of things and logistics, which is considered as a promising application direction of blockchain. The establishment of credit resources in the blockchain can double improve the security of transactions and improve the convenience of Internet of things transactions. It can save time and cost for the application of intelligent logistics mode
3. Blockchain is closely related to people's proction and life in public management, energy, transportation and other fields. The decentralized and fully distributed DNS service provided by blockchain can realize the query and resolution of domain name through the point-to-point data transmission service between nodes in the network
4. Through blockchain technology, works can be authenticated to prove the existence of text, video, audio and other works and ensure the authenticity and uniqueness of ownership. After the works are confirmed on the blockchain, the subsequent transactions will be recorded in real time to realize the full life cycle management of digital rights, and can also be used as a technical guarantee in judicial evidence collection
5. In terms of insurance claims, insurance institutions are responsible for fund collection, investment and claims settlement, and often have higher management and operation costs. Through the application of smart contract, there is no need for the applicant to apply or the insurance company to approve. As long as the claim conditions are triggered, the automatic claim settlement of the policy can be realized
extended data:
the core technology of blockchain
1. Consensus mechanism, through the voting of special nodes, completes the verification and confirmation of transactions in a very short time; For a transaction, if several nodes with unrelated interests can reach a consensus, it can be considered that the whole network can also reach a consensus. The goal of blockchain consensus mechanism is to make all honest nodes keep consistent blockchain views
2. Asymmetric encryption requires two keys for encryption and decryption, which are public key and private key. The public key corresponds to the private key. The public key is used in the process of data encryption, and only the corresponding private key can be used to decrypt; On the contrary, the private key is used to encrypt the data, and only the corresponding public key can be used to decrypt the data
a method and device for writing business data to the blockchain system. Alibaba Group Holding Co., Ltd. is in trial; Cn107368259a
a method and device for business processing. Alibaba Group Holding Co., Ltd; Cn107341702a
a blockchain system, data storage method, and device, which is approved by Alibaba Group Holding Co., Ltd; Cn107018125a
a data storage method, a data query method and a device for Alibaba Group Holding Co., Ltd; Cn107862215a
an authentication method, a block chain based authentication data processing method and equipment are being examined by Alibaba Group Holding Co., Ltd; Cn107257340a
a method and device for business acceptance and consensus: Alibaba Group Holding Co., Ltd; Cn107395659a
a method and device for business verification in Alibaba Group Holding Co., Ltd; Cn107040585a
a method and device for communication between blockchain nodes. Alibaba Group Holding Co., Ltd; Cn107592292a
multi blockchain network data processing method, device and server, China Alibaba Group Holding Co., Ltd; Cn107453896a
a method and device for data storage and query based on blockchain, approved by Alibaba Group Holding Co., Ltd; Cn107239479a
et al
Ma Yun: I want to know what bitcoin can bring to the society
at the two sessions, Ma Yun... Oh, sorry, Comrade Ma Yun who doesn't want to wear a red hat didn't attend the two sessions
In November 2017, Alibaba, ant financial services and xiong'an signed a strategic cooperation agreement to build a "digital xiong'an blockchain implementation platform". At present, ant financial services has provided blockchain landing application technology in the rental field in xiong'an. It can be said that xiong'an has become the first pilot field of Ali in the overall implementation project of blockchain technology