Payment transaction blockchain
first, define the
blockchain as an open network ledger. It originated from bitcoin and is the underlying technology of bitcoin. In bitcoin transactions, all the information of transaction records will be packaged into a "block" for storage. With the expansion of information exchange, one block links with another, forming a blockchain
Second, the digital currency represented by bitcoin is a point-to-point e-cash system. Among them, every transaction will broadcast to all participants in the network, and it will be recorded in the account book after repeated confirmation, which is called "blockchain". Each participant will have his own account book. In this way, when false information occurs, it can be broken through mutual verification, so as to ensure network securityin the blockchain, every node is equal, and there is no centralized management organization. This "decentralized" feature makes the blockchain do not need to rely on a third party, its operation does not need any human intervention, and it can independently conct self verification. In addition, the network of blockchain is open to the world, and anyone can query data through the public port, so the whole system is highly transparent
In a word, blockchain is a reliable database and a reliable "account book". In the future, it will be applied in cross-border payment, securities, loans, voting, etc. For example, in cross-border payment, with the security of blockchain, you can remit money to the world anytime and anywhere, which saves a lot of intermediate links and high feesIn fact, the application mode of blockchain cross-border payment is to use blockchain network to join traditional financial institutions, foreign exchange market makers and liquidity providers into the payment network and build a payment gateway. Through the payment gateway, the flow of digital assets on the blockchain can be connected with the legal currency in reality, so that the legal currency can be converted into digital assets on the blockchain, which is convenient for subsequent payment and transfer. Through the network connector in the blockchain payment network, we can connect traditional market makers, remittance agencies, remittance agencies and other institutions, abandon the intermediate transaction link, and realize point-to-point fast and low-cost payment
imapp2.0 version of blockchain application center has been officially launched. Imapp is the world's first blockchain app store with universal dividends, which aims to create a super entrance to the blockchain instry and make it easier for users to use blockchain applications. The interface of imapp 2.0 is more concise and beautiful, the function adds news and DAPP, and the content enriches the guessing game. Through imapp, users can browse, forward, download, update and open the application to obtain imapp ecological token IA. The official imapp has reached a strategic cooperation with the bitcoin diamond foundation. Ecocard ia can exchange bitcoin diamond BCD at a certain proportion.
cross border payment, supply chain finance, insurance, digital bill, asset securitization, bank credit reference and other fields
① cross border payment. Due to the characteristics of disintermediation of blockchain, openness, transparency and non tampering of transactions, no third-party payment institutions join in, which shortens the payment cycle, reces costs and increases the transparency of transactions< (2) digital bill. Blockchain has the characteristics of disintermediation, system stability, consensus mechanism and tamper proof, which can rece the operational risk, market risk and moral risk in the traditional centralized system< (3) credit management. In the field of credit investigation, blockchain has the characteristics of decentralization, distrust, timestamp, asymmetric encryption and smart contract, which ensures that limited and controllable credit data sharing and verification can be realized on the basis of effective protection of data privacy< (4) asset securitization. The characteristics of blockchain disintermediation, consensus mechanism and non tampering can increase the efficiency of data flow, rece costs, monitor the real situation of assets in real time, and ensure the trust of all parties in the transaction chain on the underlying assets< (5) supply chain finance. Due to the characteristics of disintermediation, consensus mechanism and non tampering of blockchain, it does not need a third-party credit enhancement agency to verify the authenticity of various relevant vouchers on the supply chain, so as to rece the financing cost and financing cycle< (6) insurance business. With the development of blockchain technology, personal health status, accident records and other information may be uploaded to the blockchain in the future, so that insurance companies can obtain risk information more timely and accurately when customers take out insurance, so as to rece underwriting costs and improve efficiency. The sharing transparency of blockchain reces the information asymmetry and the risk of adverse selection; The characteristics of its history can be traced, which is concive to recing the moral hazard, thus recing the difficulty and cost of insurance management.
Why is the Internet era coming to an end and the blockchain era coming
Once the
blockchain develops, it will burst out more innovation. As the first proct of blockchain, bitcoin has proced many innovations since its birth. For example, small cross-border payment, recording transfer transactions between currencies, recording various stocks, registering housing property rights, recording program codes, etc.
the steam age liberates social proctivity, the electrical age enlivens social cooperation ability, the Internet age connects the world, and the blockchain era will let us truly realize freedom
this is the meaning of blockchain payment. Let the payment be fairer, let the payment get rid of the middleman's profit margin
there is still a serious problem in traditional payment. Many users have encountered the bad experience of being swiped and dected by the shop assistant several times because of poor signal. At this time, the shop assistant sometimes doesn't admit that he has dected too much money, and the system can't find it. Or the record is deleted by the business, and the rights and interests of users are easily trampled
and blockchain payment, every transaction, can not be tampered with. If the transaction is not successful, it will not be dected, and the business can not tamper with the transaction history. If there is more money dection, it can be seen at a glance, and anyone can view it in the blockchain browser. This is the advantage of blockchain payment.
(3) blockchain can solve the reconciliation problem between different securities agencies.