Is blockchain so powerful
There is no doubt that blockchain has development prospects, and the necessary condition for development prospects is to enter the mainstream market
North America blockchain infrastructure the oan (former aion network) founder and CEO Matt spoke published an article entitled "in order to successfully enter the mainstream market, blockchain projects must" eat dog food "in Forbes on July 24, in which Matt mentioned his views on how blockchain should enter the mainstream market - & quot; Eat dog food
in the science and technology circle, there is a jargon called & quot; Eat dog food Dogfood (also known as eating your own dog food) refers to companies using their own procts and becoming users of their own procts. Many high growth companies (such as Microsoft, Facebook, Amazon, apple, Netflix and Google) also test their procts by "eating dog food" or help build credibility“ "Eat dog food" is often used to find and fix bugs, but it has another value: to create reliable use cases for the company's procts
this is worth learning from blockchain projects, because blockchain projects often hold & quot; Once built, they (users) will come naturally, which habitually leaves the responsibility of creating new and interesting blockchain applications to a third party
this attitude is very common, even the well-known blockchain summit consensus 2019 also held a conference entitled & quot; Once built, they (users) will naturally come: to build a global blockchain Center & quot; To discuss how governments around the world can make efforts to attract blockchain projects while balancing regulatory, investment and innovation needs
to be fair, this strategy may be effective for blockchains that only focus on people in the currency circle. For the security token, especially for the exchange represented by the transaction, it makes more sense - "supply creates demand" is the usual idea here, especially considering that the realization of these transactions requires the construction of complex infrastructure
in contrast, "eat dog food" is more likely to be adopted by blockchain project developers who seek mainstream audiences (such as those in financial instry, manufacturing and supply chain, identity management, etc.). If blockchain technology wants to enter these mainstream fields, blockchain companies must first "eat dog food". This can not only clearly prove that blockchain technology is feasible outside the coin circle, but also highlight that blockchain can not only optimize existing use cases, but also create new use cases
and the oan team has been adhering to this concept, and relying on the oan and aion's technology stack built over the years, it has developed a financial technology platform moves for independent workers
Matt said that in the development and development of moves, the team hopes that the relevant functions of the OAN blockchain network can be brought into full play, so it will focus on the following three aspects:
1. How to use the OAN blockchain network to improve the credit efficiency of the proct there are two main considerations to improve credit efficiency: 1) can we use the mechanism of the defi market to rece the cost of capital; 2) Can the blockchain technology be used to increase the external trust in the credit process of moves. Here, moves will form a mechanism of "pooling wisdom", so that everyone can contribute to recing credit risk and increasing the credibility of credit process, and may even develop a micro guarantee mechanism in the future. Therefore, users will be able to participate in the market established by the platform as borrowers, lenders or guarantors
specifically, by connecting moves with the oan network, and with the help of digital asset aion, a relationship of interest consistency is formed between procts and users, so that users can personally experience the success of moves procts and directly participate in the oan, a blockchain network supporting moves
3. How to create the first open system of financial reputation data with moves
this open system may become a substitute for traditional credit scores or related mechanisms. Over the years, banks and financial institutions have been using Equifax, Fico or other similar institutions' scores as risk indicators, and the moves team believes that the procts they are building will be a good start - the beginning of a more perfect and modern financial reputation system. This is a long-term goal
moves supports North American mainstream carpooling, take out and other casual work economic platforms, and will be the flagship open application developed by the oan on its blockchain network. In June, moves expanded its operations from Ontario to Alberta and British Columbia into western Canada
all the initiatives of the oan team adhere to the spirit of "eating dog food" and strive to make blockchain technology enter the mainstream market as soon as possible. Blockchain is not for the minority, but for the mainstream. In addition to the oan team, many projects and institutions in the blockchain instry are also aiming at this goal. Can you say that such an excellent and targeted blockchain has no development prospects
or take the bus to Konka Group or Fanghua garden
in many cases, under the guise of charity and helping others, you are asked to deposit a sum of money first, with 1% interest every day, automatically withdraw one month, even with 30% windfall profits. Normal people know that this is not normal, because there is no instry that can make 30% profit every month. Where does the interest come from? The answer is that the new entrants will give you the money they have saved. Whether they can earn 30% in a month depends on whether there are new entrants to pick up their disks
under the stimulation of huge profits, all the people who join MMM are charging money like poisoning. At the same time, they try their best to persuade their relatives and friends to join in, because the recommender can get extra benefits by joining. This is also the common feature of all MLM organizations. They must have fresh blood to join, otherwise they can't play
since the monthly interest rate is 30%, we can accurately calculate the growth rate of this scam. After 12 months, the total scale will grow by 23 times, after 18 months, the scale will grow by 112 times, and after 2 years, the scale will grow by 542 times. Once the new capital can not meet 30% in any month, it will collapse< However, mavroji, the founder of MMM in Russia, is not a mathematician at all. He played this trick in Russia in 1990, and millions of people lost money when it collapsed. Therefore, he was arrested by the Russian government and sentenced to four and a half years' imprisonment
it can be simply compared to
water ghost mode
people who are ghosts have to find a ghost to replace them. So I will try my best to tell you that he is very moistening in the water, so I can pull a few people down to die and then I can leave.
I hope you can adopt my personal opinion
the application fields of blockchain include digital currency, token, finance, anti-counterfeiting traceability, privacy protection, supply chain, entertainment, etc. with the popularity of blockchain and bitcoin, many related top domain names have been registered, which has a great impact on the domain name instry.
at present, some successful examples of using blockchain include bitcoin, Ethereum intelligent contract and distributed content publishing platform, decent
with the diversification of network service forms, the decentralized network model becomes clearer and more possible. This paper explains the importance of decentralization from the development stage of the Internet, the advantages of decentralization, and the prediction of the trend of decentralization.
the technical characteristics of the blockchain determine that the underlying framework of laikelib blockchain technology has the following characteristics:
first, independent research and development. Anyone can develop their own applications on the chain; Moreover, all capital flows are open and transparent, and can not be forged or tampered with. Every user can exercise the right of supervision; Second, it's easy to be small. The time of block extraction is short. The transfer of all funds can only be carried out in accordance with the open smart contract, and there is no legal person for misappropriation and intervention; Finally, each user's personal sensitive information will be highly encrypted, and no one else can access it.
different investors have different views. No matter they think it's a bubble sworn faction, or they regard it as a good candidate for the draught, they do not deny that the block chain is a tool that people can not ignore to change the society. Therefore, it is an important choice to join the blockchain investment platform.