Is consumer electronics a blockchain

1.

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 the information of a bitcoin network transaction, Used to verify the validity of its information (anti-counterfeiting) and generate the next block

some areas where blockchain can be used can be as follows:

& ᦇ 9642; Smart contract; Securities trading; E-commerce; Internet of things; Social communication; File storage; Proof of existence; Authentication

&9642; Equity crowdfunding

we can compare the development of blockchain with the development of the Internet itself. In the future, something called finance Internet will be formed on the Internet. This thing is based on blockchain, and its precursor is bitcoin, that is, traditional finance starts from private chain and instry chain (LAN), bitcoin series starts from public chain (WAN), They all express the same concept - digital asset, and finally converge to an intermediate equilibrium point

The evolution mode of

blockchain is as follows:

& 9642; Blockchain 1.0 digital currency; Blockchain 2.0 digital assets and smart contracts; Blockchain 3.0: implementation of distributed applications in various instries

2. Blockchain belongs to it technology, and finance is an application direction of blockchain
the core advantage of blockchain technology is decentralization, which can realize point-to-point transaction, coordination and cooperation based on decentralized credit in a distributed system without mutual trust by means of data encryption, time stamp, distributed consensus and economic incentive, so as to solve the high cost and low cost of centralized institutions Low efficiency and data storage insecurity provide solutions
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.

3.

blockchain is essentially a distributed ledger database, it is a series of data blocks generated by cryptography Association, and each data block contains effective confirmation information of multiple bitcoin network transactions

Statistics show that in 2017, China's e-invoice circulation reached 1.31 billion, and it is expected to reach 54.55 billion by 2022, maintaining an average annual growth rate of more than 100%. Recently, when talking about blockchain invoice, people's daily stressed that electronic invoice should be added with "lock", and blockchain's open consensus, decentralization, non tampering, distributed consistency and privacy protection are the "lock" of electronic invoice

finally, I repeat my idea: blockchain gives us freedom, and freedom will bring a lot of innovation. Innovation will eventually bring us wealth. I believe blockchain will have a similar development path. The core task of blockchain is to stabilize the value, establish a trust system with almost zero cost, and release the energy of indivials in pursuit of wealth preservation and appreciation

4. Can bring data security, the existing e-commerce platform is the center of a problem is how to store data. E-commerce platform has a large amount of data. After the consumer's personal data and payment data are handed over to the e-commerce enterprises, they are stored on the central server which is vulnerable to cyber criminals, so the risk of data leakage is high. The e-commerce platform based on blockchain is decentralized, and there is no need to store the personal data and payment data of tens of millions of users. The blockchain platform is actually decentralized. Consumers can store and control their own data in this decentralized system, which can more effectively avoid the potential risk of data leakage.

5.

Blockchain is a special network account book. The core of blockchain technology is digital encryption. As early as 1991, a group of young people invented a new set of mutual authentication encryption technology in order not to tamper with the date of electronic documents. By means of cryptography, they concatenated and protected the concatenated text records (also known as blocks)

blockchain stores data in blocks, and each block is queued in strict order to form a "chain". If someone wants to change the content of a block, the unique characteristics of the block will also change, and the following blocks will not recognize it immediately, and the "fake" block will have to break away from the chain

extended data

users all over the world can connect their servers to the blockchain network and become an independent node in the distributed database storage system. Once joined, the node will enjoy the same rights and obligations as all other nodes

therefore, people who carry out services on the blockchain can read and write to any node in the system. All nodes in the world will synchronize again and again according to some mechanism, so that the data of all nodes in the blockchain network is completely consistent

because of the two characteristics of immutability and decentralization. Blockchain is a good solution to the problem of trust in modern commercial society. It has emerged in financial services, Internet of things, public services, social welfare and supply chain management