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What is the use of blockchain technology for individuals
Publish: 2021-04-22 21:33:46
1.
in short, blockchain is a community-based technology, which can make value exchange more secure. Blockchain is their name 
therefore, chain operation has a huge impact on the people, creating the greatest value for the enterprise and bringing more convenience to the people
2. Tell you what blockchain is and what can it do
what is a blockchain? How does it work
bitcoin has become the trend of modern Internet, followed by blockchain. It is said that blockchain technology will lead to fundamental changes in Internet operation, enterprise operation and everything else
but what is blockchain? Most of us don't know much about blockchain. If you want to understand blockchain, you can read this article carefully
what is a blockchain? In the simplest terms, blockchain is a distributed ledger
to understand what this means, let's first look at its opposite: a centralized ledger. Because blockchain technology starts from finance, we will also use the bank as an example
the following is the process of our bank debit card transaction:
you can buy goods by swiping your card in the store
the merchant sends the bill to your bank to get the agreed amount
your bank will verify whether you are likely to authorize the purchase
banks remit money to businesses
finally, the bank records this information in its ledger
there are a lot of technologies involved here, but basically that's it. The last step is important - the bank keeps track of all transactions made by the customer. This ledger goes all the way back to the first transaction the bank made
the ledger is kept, maintained and supervised by the bank. You can read it in your online bank account, but you can't change it. The bank is in full control. If it decides to make a change, there's nothing you can do
it is crucial that if hackers can access the bank's ledger, it may lead to many problems. They can change the account balance to make it look like some transaction never happened, and so on
that's why distributed ledger is so cool
blockchain network visualization
if the bank operates on a distributed ledger, each member of the bank will have a of the ledger. Whenever any member of the bank makes a purchase, they will tell all other members of the bank
each member validates the transaction and adds it to the ledger (the added record is called a "block"). This has some important benefits because there are no centralized permissions to manipulate records. Hacker access to one ledger won't be a big problem because other ledgers can easily verify it
on the other hand, it requires a lot of work. In short, the second system is blockchain (at least in the financial scenario)
as mentioned above, blockchain is a decentralized transaction list. If I send Xiaoming two bitcoins, I will send a message to everyone in the network, saying "I am sending Xiaoming two bitcoins", and they will record the transaction<
bitcoin and blockchain
let's take bitcoin as an example to illustrate
bitcoin transaction
but the transaction must be verified. This is where blockchain technology has become a bit more complex. Each bitcoin wallet (which we will complete in one second) has a public and private key
you use your private key to send transaction requests to other members of the network and confirm that you have cryptocurrency in your account. If they do, they allow transactions to register on the ledger
the mechanism of public / private key system is very complex, but it comes down to that every transaction is verifiable and secure< However, the computing cost of the whole system is very high. Everyone who updates the ledger needs a lot of authority to validate transactions and modify the ledger. This is where mining comes in. People who verify and modify use their own computing resources, and each time they get a small transaction fee
and they're using a lot of electricity to do it
in this way, each transaction will be verified and added to the ledger, and the person who performs the verification and modification will be paid. This is a reasonable system
at the same time, it is also very safe. To change a single block, you have to change each subsequent block. After all this is done, validation will fail because other copies of the chain will show someone tampered with one
how to define blockchain is a difficult problem
although the mechanism behind blockchain technology is not always intuitive, it seems that it is not too difficult to explain what blockchain is. But what we're describing here is the traditional definition
we can use this special type of blockchain for a wide range of applications;, Such as cryptocurrency, sharing medical information, sending security messages and so on. But more blockchain like technologies are being developed for other uses
for example, companies may use internal blockchains to manage problem tracking in software. Each block in the chain may represent a problem, and users can publish updates to the network. But is this a blockchain? In this case, the ledger is not public, it is only visible within the company
some people will say that this is not a blockchain
other blockchain like technologies are not encrypted. Are they still blockchain? What if it's centrally managed but uses other blockchain features? What defines the lowest level of blockchain technology? There is no consensus on these issues
what is a blockchain wallet
we usually hear people talk about bitcoin wallets, Ethernet wallets and other cryptocurrency specific wallets. But wallet technology can be used in any system that uses blockchain
a wallet is the software or hardware that "saves" your cryptocurrency. But it doesn't really have anything, it's just a place to store public and private keys. This information allows you to access the currency shown in the public ledger
the wallet is the only record of the key. So if you lose it, you will no longer be able to access your cryptocurrency
in the future of blockchain, how will it change our lives
one important thing about blockchain is that it is a public resource and no one really owns it because everyone owns it
blockchain is more than science fiction. We don't need to understand the mechanism behind this technology, but you need to understand that it may completely change our lives in the next 20 years
that sounds bold, but remember, 20 years ago, we were browsing the Internet on Netscape, using the most advanced Motorola flip phone, and buying our first DVD player. At that time, if we imagined that the computer could be held in our hands, and that we could buy a car, pay for money and watch movies on it, it would be considered a fantasy
although the impact of blockchain may not be as obvious as the Internet or as tangible as mobile phones, blockchain will effectively solve many troubles in daily life. For example, intermediary entrapment, transaction delay and so on. In our present life, middlemen can be seen everywhere. We take it for granted that they are a part of our life. If one day, these intermediaries no longer exist, you will find that the world will become a different one
imagine that by 2040, blockchain may become a mature and widely used technology. One day, you can't do without blockchain, just as you can't do without the Internet now, you will be surprised that this decentralized accounting technology has become a part of your lifestyle<
first praise
+ 1
what is a blockchain? How does it work
bitcoin has become the trend of modern Internet, followed by blockchain. It is said that blockchain technology will lead to fundamental changes in Internet operation, enterprise operation and everything else
but what is blockchain? Most of us don't know much about blockchain. If you want to understand blockchain, you can read this article carefully
what is a blockchain? In the simplest terms, blockchain is a distributed ledger
to understand what this means, let's first look at its opposite: a centralized ledger. Because blockchain technology starts from finance, we will also use the bank as an example
the following is the process of our bank debit card transaction:
you can buy goods by swiping your card in the store
the merchant sends the bill to your bank to get the agreed amount
your bank will verify whether you are likely to authorize the purchase
banks remit money to businesses
finally, the bank records this information in its ledger
there are a lot of technologies involved here, but basically that's it. The last step is important - the bank keeps track of all transactions made by the customer. This ledger goes all the way back to the first transaction the bank made
the ledger is kept, maintained and supervised by the bank. You can read it in your online bank account, but you can't change it. The bank is in full control. If it decides to make a change, there's nothing you can do
it is crucial that if hackers can access the bank's ledger, it may lead to many problems. They can change the account balance to make it look like some transaction never happened, and so on
that's why distributed ledger is so cool
blockchain network visualization
if the bank operates on a distributed ledger, each member of the bank will have a of the ledger. Whenever any member of the bank makes a purchase, they will tell all other members of the bank
each member validates the transaction and adds it to the ledger (the added record is called a "block"). This has some important benefits because there are no centralized permissions to manipulate records. Hacker access to one ledger won't be a big problem because other ledgers can easily verify it
on the other hand, it requires a lot of work. In short, the second system is blockchain (at least in the financial scenario)
as mentioned above, blockchain is a decentralized transaction list. If I send Xiaoming two bitcoins, I will send a message to everyone in the network, saying "I am sending Xiaoming two bitcoins", and they will record the transaction<
bitcoin and blockchain
let's take bitcoin as an example to illustrate
bitcoin transaction
but the transaction must be verified. This is where blockchain technology has become a bit more complex. Each bitcoin wallet (which we will complete in one second) has a public and private key
you use your private key to send transaction requests to other members of the network and confirm that you have cryptocurrency in your account. If they do, they allow transactions to register on the ledger
the mechanism of public / private key system is very complex, but it comes down to that every transaction is verifiable and secure< However, the computing cost of the whole system is very high. Everyone who updates the ledger needs a lot of authority to validate transactions and modify the ledger. This is where mining comes in. People who verify and modify use their own computing resources, and each time they get a small transaction fee
and they're using a lot of electricity to do it
in this way, each transaction will be verified and added to the ledger, and the person who performs the verification and modification will be paid. This is a reasonable system
at the same time, it is also very safe. To change a single block, you have to change each subsequent block. After all this is done, validation will fail because other copies of the chain will show someone tampered with one
how to define blockchain is a difficult problem
although the mechanism behind blockchain technology is not always intuitive, it seems that it is not too difficult to explain what blockchain is. But what we're describing here is the traditional definition
we can use this special type of blockchain for a wide range of applications;, Such as cryptocurrency, sharing medical information, sending security messages and so on. But more blockchain like technologies are being developed for other uses
for example, companies may use internal blockchains to manage problem tracking in software. Each block in the chain may represent a problem, and users can publish updates to the network. But is this a blockchain? In this case, the ledger is not public, it is only visible within the company
some people will say that this is not a blockchain
other blockchain like technologies are not encrypted. Are they still blockchain? What if it's centrally managed but uses other blockchain features? What defines the lowest level of blockchain technology? There is no consensus on these issues
what is a blockchain wallet
we usually hear people talk about bitcoin wallets, Ethernet wallets and other cryptocurrency specific wallets. But wallet technology can be used in any system that uses blockchain
a wallet is the software or hardware that "saves" your cryptocurrency. But it doesn't really have anything, it's just a place to store public and private keys. This information allows you to access the currency shown in the public ledger
the wallet is the only record of the key. So if you lose it, you will no longer be able to access your cryptocurrency
in the future of blockchain, how will it change our lives
one important thing about blockchain is that it is a public resource and no one really owns it because everyone owns it
blockchain is more than science fiction. We don't need to understand the mechanism behind this technology, but you need to understand that it may completely change our lives in the next 20 years
that sounds bold, but remember, 20 years ago, we were browsing the Internet on Netscape, using the most advanced Motorola flip phone, and buying our first DVD player. At that time, if we imagined that the computer could be held in our hands, and that we could buy a car, pay for money and watch movies on it, it would be considered a fantasy
although the impact of blockchain may not be as obvious as the Internet or as tangible as mobile phones, blockchain will effectively solve many troubles in daily life. For example, intermediary entrapment, transaction delay and so on. In our present life, middlemen can be seen everywhere. We take it for granted that they are a part of our life. If one day, these intermediaries no longer exist, you will find that the world will become a different one
imagine that by 2040, blockchain may become a mature and widely used technology. One day, you can't do without blockchain, just as you can't do without the Internet now, you will be surprised that this decentralized accounting technology has become a part of your lifestyle<
first praise
+ 1
3. Blockchain is a new application mode of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies. Blockchain is an important concept of bitcoin. It is essentially a decentralized database. At the same time, as the underlying technology of bitcoin, it is a series of data blocks generated by using cryptographic methods. Each data block contains a batch of information about bitcoin network transactions, Used to verify the validity of its information (anti-counterfeiting) and generate the next block
it can be used in practice:
virtual currency: for example, bitcoin, etc.
Digital Rights: it can authenticate works, prove the existence of text, video, audio and other works, and ensure the authenticity and uniqueness of ownership
public welfare: the relevant information in the public welfare process, such as donation projects, collection details, capital flow, feedback from recipients, can be stored on the blockchain, and can be made transparent and public, which is convenient for social supervision.
it can be used in practice:
virtual currency: for example, bitcoin, etc.
Digital Rights: it can authenticate works, prove the existence of text, video, audio and other works, and ensure the authenticity and uniqueness of ownership
public welfare: the relevant information in the public welfare process, such as donation projects, collection details, capital flow, feedback from recipients, can be stored on the blockchain, and can be made transparent and public, which is convenient for social supervision.
4. 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.
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.
5. Jinwowo blockchain technology realizes nationwide bookkeeping
data storage, data analysis and data tracking. The blockchain technology is used to trace the origin of the procts to ensure the quality of the procts and the maintenance of intellectual property rights.
data storage, data analysis and data tracking. The blockchain technology is used to trace the origin of the procts to ensure the quality of the procts and the maintenance of intellectual property rights.
6. Blockchain technology can provide solutions for the protection of personal information. Blockchain technology can store personal information in a distributed way to avoid the security risks faced by a single server. Now many enterprises are doing blockchain, and jinwowo network technology applies blockchain to all walks of life
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