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The significance of financial risks and benefits of blockchain
Publish: 2021-04-28 15:58:09
1. A brief review of the origin of blockchain
blockchain is the underlying system of distributed ledger in bitcoin. Bitcoin ledgers are built in a distributed and spontaneous way. Anyone can generate new currency blocks by performing specific cryptographic calculations, so as to obtain a digital "currency" that can be used for transactions. Bitcoin's impact on the world monetary system can be said to be subversive, which is also an important reason why it has attracted a lot of people's strong attention since it came out. After that, there were dozens of similar electronic currencies such as
"lightcoin". The abstract extraction of distributed digital currency technology from bitcoin forms a "blockchain" technology, which can be used in more fields
the basic idea of blockchain is to establish a network-based public ledger (data block), each block contains the information of a network transaction. All the participating users in the network work together to keep accounts and check accounts. All the data are open and transparent, and can be used to verify the effectiveness of the information. In this way, the authenticity and non tamperability of information can be guaranteed at the technical level without the central server as the trust intermediary
the significance of blockchain lies in "decentralization", which can fundamentally solve the fraud and rent-seeking phenomenon in value exchange and transfer by building a more reliable network system. With the popularization of blockchain technology, the digital economy will be more authentic, and the economic society will become more fair and transparent
not only digital currency, but also blockchain technology is infiltrating into more innovative fields.
virtual digital currency such as bitcoin is just an application scenario of blockchain technology. Theoretically speaking, based on the characteristics of blockchain technology, human beings can create a very rich form of services and procts, such as finance, government, enterprises, etc There are a large number of scenarios suitable for blockchain technology in cross instry and other fields, with broad prospects. At present, many countries around the world have started the research of blockchain technology, and a series of instry organizations and alliances have been established. However, as blockchain technology is a brand-new technology, which subverts the traditional centralized mode, major institutions are still in the research stage, with only a small number of actual projects landing, and the great development of the instry has just begun
now, blockchain economy is on the eve of outbreak. The exploration of financial instry is ahead of others, while the application of other instries is developing rapidly. The obvious advantage of blockchain instry application is to optimize business process, rece operation cost and improve collaborative efficiency. This advantage has been graally reflected in financial services, Internet of things, public services, social welfare and supply chain management
as the backbone of emerging technologies, blockchain is not only used in the field of virtual currency, but also in other fields such as finance, medical care, intellectual property certification, etc. a large number of excellent enterprises have emerged in China to explore or enter the blockchain instry. According to the in-depth analysis report on business model innovation and investment opportunities of blockchain instry released by foresight Instry Research Institute, as of the end of 2016, there were 105 blockchain related enterprises in China, 80% of which were concentrated in eastern coastal cities, including Shanghai, Hangzhou and Taipei
from the perspective of global blockchain technology application development, as of April 2017, financial service companies accounted for 55.43% of the 267 blockchain venture capital companies; From the perspective of the Chinese market, 34 of the top 50 blockchain venture capital companies in 2016 are involved in financial services, mainly in cross-border payment, bill discounting and financial service platform<
analysis of the development trend of blockchain
the combination of blockchain and cloud computing is more and more close, and baas is expected to become a public trust infrastructure
cloud computing is the general trend. We believe that the combination of blockchain and cloud is also an inevitable trend. There are two modes for the combination of blockchain and cloud, one is blockchain in the cloud, the other is blockchain in the cloud. The latter, namely baas, blockchain-as-a-service, refers to that the cloud service providers directly provide blockchain as a service to users. In the future, more and more cloud service enterprises will integrate blockchain technology into the ecological environment of cloud computing. By providing baas function, they can effectively rece the deployment cost of enterprise application blockchain and rece the initial threshold of innovation and entrepreneurship
the security problem of blockchain has become increasingly prominent, and security protection needs the overall consideration of technology and management
blockchain system is almost perfect mathematically, with the advantages of openness and transparency, difficult to tamper, reliable encryption, anti DDoS attack, etc. However, from the engineering point of view, its security is still restricted by infrastructure, system design, operation management, privacy protection and technology update iteration. In the future, we need to consider the overall situation of technology and management, strengthen basic research and overall protection, so as to ensure the application security
the competition of blockchain is becoming increasingly fierce, and patent competition has become an important field of competition
with the increase of participants, the competition of blockchain will become more and more fierce, and the competition is all-round, including technology, mode, patent and other dimensions. We believe that in the future, enterprises will strengthen the layout of blockchain patents. Since 2014, the number of blockchain patent applications has grown explosively. Blockchain patents are mainly distributed in the United States in North America, the United Kingdom in Europe, China and South Korea in Asia, and this pattern will be maintained in the future. The patent gap between China and the United States is narrowing, and the number of applications in China in 2016 has surpassed that in the United States. It can be predicted that the patent competition of blockchain will become increasingly fierce in the future
with the acceleration of domestic policy process, the development of the instry ushers in a new opportunity
blockchain has attracted attention from all walks of life e to its core advantages of high performance, high security, high-speed access, efficient operation and so on. In the context of the rapid development of blockchain, China conforms to the needs of globalization, closely follows the international pace, and actively promotes the research, standardization and instrialization development of domestic blockchain related fields
trustworthiness is the core requirement of blockchain, and the importance of standards and specifications is becoming increasingly prominent
in the future value delivery network based on blockchain, we will completely use algorithms and software to build the trust foundation. However, we believe that this is far from enough, and we need the standard to increase the credibility of the blockchain. In the future, the standard of blockchain will standardize the technology and governance of blockchain from the perspective of users, business oriented, and from the dimensions of smart contract, consensus mechanism, private key security, and authority management, so as to enhance the credibility of blockchain and add weight to the trust of blockchain.
blockchain is the underlying system of distributed ledger in bitcoin. Bitcoin ledgers are built in a distributed and spontaneous way. Anyone can generate new currency blocks by performing specific cryptographic calculations, so as to obtain a digital "currency" that can be used for transactions. Bitcoin's impact on the world monetary system can be said to be subversive, which is also an important reason why it has attracted a lot of people's strong attention since it came out. After that, there were dozens of similar electronic currencies such as
"lightcoin". The abstract extraction of distributed digital currency technology from bitcoin forms a "blockchain" technology, which can be used in more fields
the basic idea of blockchain is to establish a network-based public ledger (data block), each block contains the information of a network transaction. All the participating users in the network work together to keep accounts and check accounts. All the data are open and transparent, and can be used to verify the effectiveness of the information. In this way, the authenticity and non tamperability of information can be guaranteed at the technical level without the central server as the trust intermediary
the significance of blockchain lies in "decentralization", which can fundamentally solve the fraud and rent-seeking phenomenon in value exchange and transfer by building a more reliable network system. With the popularization of blockchain technology, the digital economy will be more authentic, and the economic society will become more fair and transparent
not only digital currency, but also blockchain technology is infiltrating into more innovative fields.
virtual digital currency such as bitcoin is just an application scenario of blockchain technology. Theoretically speaking, based on the characteristics of blockchain technology, human beings can create a very rich form of services and procts, such as finance, government, enterprises, etc There are a large number of scenarios suitable for blockchain technology in cross instry and other fields, with broad prospects. At present, many countries around the world have started the research of blockchain technology, and a series of instry organizations and alliances have been established. However, as blockchain technology is a brand-new technology, which subverts the traditional centralized mode, major institutions are still in the research stage, with only a small number of actual projects landing, and the great development of the instry has just begun
now, blockchain economy is on the eve of outbreak. The exploration of financial instry is ahead of others, while the application of other instries is developing rapidly. The obvious advantage of blockchain instry application is to optimize business process, rece operation cost and improve collaborative efficiency. This advantage has been graally reflected in financial services, Internet of things, public services, social welfare and supply chain management
as the backbone of emerging technologies, blockchain is not only used in the field of virtual currency, but also in other fields such as finance, medical care, intellectual property certification, etc. a large number of excellent enterprises have emerged in China to explore or enter the blockchain instry. According to the in-depth analysis report on business model innovation and investment opportunities of blockchain instry released by foresight Instry Research Institute, as of the end of 2016, there were 105 blockchain related enterprises in China, 80% of which were concentrated in eastern coastal cities, including Shanghai, Hangzhou and Taipei
from the perspective of global blockchain technology application development, as of April 2017, financial service companies accounted for 55.43% of the 267 blockchain venture capital companies; From the perspective of the Chinese market, 34 of the top 50 blockchain venture capital companies in 2016 are involved in financial services, mainly in cross-border payment, bill discounting and financial service platform<
analysis of the development trend of blockchain
the combination of blockchain and cloud computing is more and more close, and baas is expected to become a public trust infrastructure
cloud computing is the general trend. We believe that the combination of blockchain and cloud is also an inevitable trend. There are two modes for the combination of blockchain and cloud, one is blockchain in the cloud, the other is blockchain in the cloud. The latter, namely baas, blockchain-as-a-service, refers to that the cloud service providers directly provide blockchain as a service to users. In the future, more and more cloud service enterprises will integrate blockchain technology into the ecological environment of cloud computing. By providing baas function, they can effectively rece the deployment cost of enterprise application blockchain and rece the initial threshold of innovation and entrepreneurship
the security problem of blockchain has become increasingly prominent, and security protection needs the overall consideration of technology and management
blockchain system is almost perfect mathematically, with the advantages of openness and transparency, difficult to tamper, reliable encryption, anti DDoS attack, etc. However, from the engineering point of view, its security is still restricted by infrastructure, system design, operation management, privacy protection and technology update iteration. In the future, we need to consider the overall situation of technology and management, strengthen basic research and overall protection, so as to ensure the application security
the competition of blockchain is becoming increasingly fierce, and patent competition has become an important field of competition
with the increase of participants, the competition of blockchain will become more and more fierce, and the competition is all-round, including technology, mode, patent and other dimensions. We believe that in the future, enterprises will strengthen the layout of blockchain patents. Since 2014, the number of blockchain patent applications has grown explosively. Blockchain patents are mainly distributed in the United States in North America, the United Kingdom in Europe, China and South Korea in Asia, and this pattern will be maintained in the future. The patent gap between China and the United States is narrowing, and the number of applications in China in 2016 has surpassed that in the United States. It can be predicted that the patent competition of blockchain will become increasingly fierce in the future
with the acceleration of domestic policy process, the development of the instry ushers in a new opportunity
blockchain has attracted attention from all walks of life e to its core advantages of high performance, high security, high-speed access, efficient operation and so on. In the context of the rapid development of blockchain, China conforms to the needs of globalization, closely follows the international pace, and actively promotes the research, standardization and instrialization development of domestic blockchain related fields
trustworthiness is the core requirement of blockchain, and the importance of standards and specifications is becoming increasingly prominent
in the future value delivery network based on blockchain, we will completely use algorithms and software to build the trust foundation. However, we believe that this is far from enough, and we need the standard to increase the credibility of the blockchain. In the future, the standard of blockchain will standardize the technology and governance of blockchain from the perspective of users, business oriented, and from the dimensions of smart contract, consensus mechanism, private key security, and authority management, so as to enhance the credibility of blockchain and add weight to the trust of blockchain.
2. Private chain can effectively solve the efficiency, security and fraud problems of traditional financial institutions, but this change is cumulative. Private chains do not subvert the financial system. However, the public chain has the potential to replace most of the functions of traditional financial institutions through software and fundamentally change the operation mode of the financial system. For example, Huobi launched the public chain project Huobi
chain, trying to build the next generation of self financing system.
chain, trying to build the next generation of self financing system.
3.
Blockchain finance is actually the application of blockchain technology in the financial field
blockchain is an underlying technology based on bitcoin, and its essence is actually a decentralized trust mechanism. Through sharing in distributed nodes to maintain a sustainable database, the security and accuracy of information can be achieved. The application of this technology can solve the trust and security problems in the transaction, and the blockchain technology has become an optional direction for the future upgrading of the financial instry. Through the blockchain, both parties of the transaction can carry out economic activities without the help of the third-party credit intermediary, so as to rece the cost of the global transfer of assets
extended data:
since 2016, the major financial giants have also heard the news and launched blockchain innovation projects one after another to explore the possibility of applying blockchain technology in various financial scenarios. In particular, Puyin group took the lead in creating a "blockchain +" standard digital currency. Standard digital currency refers to the process of assets identification, evaluation, right confirmation and insurance completed by a third party organization. After careful digital algorithm, it is written into the blockchain to form the standard corresponding relationship between assets and digital currency, which is called standard digital currency
in order to realize the great leap forward development of blockchain finance, promote the new development of China's economy, accelerate the global asset circulation, and realize the dream of rejuvenation that has been struggling for generations, Puyin group will hold the Guiyang strategic development ceremony of Puyin blockchain finance in Guizhou on December 9, 2016, at which the discussion on the realization of digital circulation of assets, block chain financial transaction mode, and block chain financial transaction mode will be held It also discusses the application of blockchain service and social public instry
4. Many relationships between people are based on trust, such as friend relationship, cooperation relationship, transaction relationship, etc
take trading activities as an example. In the past, the two sides who did not trust each other usually chose an intermediary to guarantee a transaction. In the mobile Internet era, we chose Taobao shopping because Alipay provided us with an intermediate guarantee. We chose to drop dripping because it provided us with information matching.
however, these intermediaries are centralized and have their own interests. Sometimes they are not so reliable and trustworthy. Theoretically, Alipay's centralization of accounting has been artificially falsified. Part of the reason for Didi's troubles is that they only think from their own standpoint
what blockchain does is the machine of trust, which replaces the role of trust intermediary with code, ensures the fairness and justice of the whole system through consensus mechanism and distributed accounting, and provides a trust without trust
for example, in the future, people can abandon the intermediate platform and realize point-to-point docking and free trading through blockchain. Shopping does not need to go through an intermediary, and taking a taxi does not need to go through Didi. In this way, we can really achieve "no middleman to earn the price difference" and rece the cost.
take trading activities as an example. In the past, the two sides who did not trust each other usually chose an intermediary to guarantee a transaction. In the mobile Internet era, we chose Taobao shopping because Alipay provided us with an intermediate guarantee. We chose to drop dripping because it provided us with information matching.
however, these intermediaries are centralized and have their own interests. Sometimes they are not so reliable and trustworthy. Theoretically, Alipay's centralization of accounting has been artificially falsified. Part of the reason for Didi's troubles is that they only think from their own standpoint
what blockchain does is the machine of trust, which replaces the role of trust intermediary with code, ensures the fairness and justice of the whole system through consensus mechanism and distributed accounting, and provides a trust without trust
for example, in the future, people can abandon the intermediate platform and realize point-to-point docking and free trading through blockchain. Shopping does not need to go through an intermediary, and taking a taxi does not need to go through Didi. In this way, we can really achieve "no middleman to earn the price difference" and rece the cost.
5. 1、 Blockchain will play the role of "recing costs for the real economy". At present, the high cost and low profit of the real economy lead to the lack of capital support for the real economy. In the operating cost, the proportion of management cost and financial cost is not low. Blockchain technology can effectively help enterprises rece the cost of these two parts
secondly, blockchain will play a role of "improving the efficiency of instrial chain collaboration". Enhancing instrial collaboration is an important way to promote manufacturing in China to move towards the middle and high end. However, in many instries, the efficiency of instrial chain collaboration is still not high, especially in the field of international trade
thirdly, blockchain will play a role of "building an honest instrial environment". At present, the construction of China's social credit system is accelerating, but in some cases, the process of building trust among partners is still slow, it is difficult to obtain all kinds of credit information, and it is difficult for small, medium and micro enterprises to obtain credit loans from financial institutions. Through the "transaction on the chain", all aspects can more easily find out the accurate historical credit situation of the counterparties, and establish the cooperation mechanism faster; Banks can also give credit to enterprises more safely based on transaction records, and promote the solution of the problems of "difficult, expensive and slow financing" of small, medium and micro enterprises operating in good faith
in addition, blockchain can make use of smart contracts to avoid default and fraud to a large extent, and can also make efficient and convenient payment scenario applications in combination with blockchain asset wallet. As early as in the blockchain circle, there have been many innovation forums and Instry Summit aiming at the direction of blockchain enabling the real economy, and combining with the local economic instry to carry out landing optimization. For example, the world blockchain conference Macao station intends to make a deep integration with the local economic instry, and use and popularize the blockchain assets with the payment means of magic chain wallet.
secondly, blockchain will play a role of "improving the efficiency of instrial chain collaboration". Enhancing instrial collaboration is an important way to promote manufacturing in China to move towards the middle and high end. However, in many instries, the efficiency of instrial chain collaboration is still not high, especially in the field of international trade
thirdly, blockchain will play a role of "building an honest instrial environment". At present, the construction of China's social credit system is accelerating, but in some cases, the process of building trust among partners is still slow, it is difficult to obtain all kinds of credit information, and it is difficult for small, medium and micro enterprises to obtain credit loans from financial institutions. Through the "transaction on the chain", all aspects can more easily find out the accurate historical credit situation of the counterparties, and establish the cooperation mechanism faster; Banks can also give credit to enterprises more safely based on transaction records, and promote the solution of the problems of "difficult, expensive and slow financing" of small, medium and micro enterprises operating in good faith
in addition, blockchain can make use of smart contracts to avoid default and fraud to a large extent, and can also make efficient and convenient payment scenario applications in combination with blockchain asset wallet. As early as in the blockchain circle, there have been many innovation forums and Instry Summit aiming at the direction of blockchain enabling the real economy, and combining with the local economic instry to carry out landing optimization. For example, the world blockchain conference Macao station intends to make a deep integration with the local economic instry, and use and popularize the blockchain assets with the payment means of magic chain wallet.
6. Blockchain finance is actually the application of blockchain technology in the financial field. Blockchain is a kind of underlying technology based on bitcoin, and its essence is actually a decentralized trust mechanism. Through sharing in distributed nodes to maintain a sustainable database, the security and accuracy of information can be achieved
with a simple understanding, blockchain technology can be imagined as a fully centralized and super secure database. The reliability technical scheme of collective maintenance of a data book in a centralized way integrates distributed architecture, P2P network protocol, encryption algorithm, data verification, consensus algorithm, identity authentication, intelligent contract and other technologies, which can solve the problems of low security and poor reliability existing in the centralized mode. Although blockchain can not guarantee 100% security, compared with the current data security technology, blockchain is a huge leap. Unlike the centralized database, the blockchain will not have a single point of failure
the BSC project in Puhua business school takes advantage of the full centralization of blockchain to customize the underlying technology of blockchain and build a data sharing platform based on blockchain technology. Relying on the advanced network security system, it fully integrates the new technology, new thinking and new mode of the Internet revolution era, and forms a new business model with the core goal of win-win of BSC business alliance member enterprises and their associated customers.
with a simple understanding, blockchain technology can be imagined as a fully centralized and super secure database. The reliability technical scheme of collective maintenance of a data book in a centralized way integrates distributed architecture, P2P network protocol, encryption algorithm, data verification, consensus algorithm, identity authentication, intelligent contract and other technologies, which can solve the problems of low security and poor reliability existing in the centralized mode. Although blockchain can not guarantee 100% security, compared with the current data security technology, blockchain is a huge leap. Unlike the centralized database, the blockchain will not have a single point of failure
the BSC project in Puhua business school takes advantage of the full centralization of blockchain to customize the underlying technology of blockchain and build a data sharing platform based on blockchain technology. Relying on the advanced network security system, it fully integrates the new technology, new thinking and new mode of the Internet revolution era, and forms a new business model with the core goal of win-win of BSC business alliance member enterprises and their associated customers.
7.
1. Right click the windows Icon in the lower left corner of the desktop to find the command indicator under Windows system
8. What should we do if we can't exchange currency for foreign exchange? You can go to the Bank of China to exchange foreign exchange
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