Definition of supply chain blockchain

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. The application of blockchain and logistics supply chain is now in the landing state, and the blockchain + mode is very popular. Changsha Information Instry Park has built a service platform project of SMIC blockchain, which is for enterprises to collect information on the chain, and to build a blockchain instry alliance.

3. Supply chain technology jinwowo analysis is a functional network chain structure that connects suppliers, manufacturers, distributors at all levels, retailers and end users through the control of logistics, information flow and capital flow, from purchasing raw materials to making intermediate procts and final procts, and finally to sending procts to consumers through sales network

using the blockchain technology, all the information of the process, factory processing, distribution, and finally the whole process of consumer purchase is recorded on the blockchain, which ensures that the goods will not be alterated or replaced, and runs through the whole life cycle of the goods

4. When the supply chain meets the blockchain, the supply chain will become more transparent and large-scale collaboration will become easier. Improving supply chain traceability and security can make our economy safer and more reliable by promoting trust and honesty and preventing the implementation of problematic practices. In the future, jinwowo will focus on blockchain technology to promote the legal circulation and commercial application of big data.

5. Blockchain blockchain is a new application mode of computer technology, such as distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and so on. The so-called consensus mechanism is a mathematical algorithm to establish trust and obtain interests between different nodes in the blockchain system
the definition of supply chain is: around the core enterprise, from the supporting parts to the intermediate procts and final procts, and finally the procts are delivered to the consumers by the sales network, which is a whole function network chain structure from suppliers, manufacturers, distributors to the end users.