Application fields of blockchain

1.

blockchain technology is widely used. Under the integration of new technologies, the main application scenarios of blockchain include finance and insurance, intelligent manufacturing, intelligent environmental protection, energy and power, health care, ecation, culture and innovation, smart city, social welfare, agriculture and many other fields

1. blockchain + finance

   blockchain can help financial institutions solve problems such as trust and data sharing

3. blockchain + right art

   Tianhe Guoyun's blockchain right system

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3. Blockchain + government

in statistics, voting, budget management and other aspects, blockchain can rece costs, improve efficiency, and increase transparency, so as to prevent the risk of failure of centralized system

4. Blockchain + insurance

fraud identification and risk prevention: by placing insurance claims under an unchangeable general ledger, blockchain helps to eliminate the common sources of fraud in the insurance instry

property insurance and accidental injury insurance: policies and shared ledgers recorded in the form of smart contracts can improve the efficiency of property insurance and accidental injury insurance

Health Insurance: blockchain technology enables medical records to be encrypted and shared among health service providers, thus improving the interoperability of the health insurance ecosystem

Reinsurance: the information security of reinsurance contracts on the blockchain platform can be ensured through the form of smart contracts, which can rece the amount of information and simplify the payment process between insurers and reinsurers

2. A: blockchain technology has been applied in many fields
I. financial field
blockchain has great potential application value in international exchange, letter of credit, equity registration, stock exchange and other financial fields< Second, the Internet of things and logistics
blockchain can also be naturally combined in the field of Internet of things and logistics. Through blockchain, we can rece logistics costs, trace the proction and delivery process of goods, and improve the efficiency of supply chain management. This field is considered as a promising application direction of blockchain
Third, public service
blockchain is closely related to people's proction and life in public management, energy, transportation and other fields, but the centralization of these fields also brings some problems, which can be transformed by blockchain
IV. in the field of digital right
through blockchain technology, works can be authenticated to prove the existence of text, video, audio and other works and ensure the authenticity and uniqueness of ownership< 5. In the field of insurance
in terms of insurance claims, insurance institutions are responsible for fund collection, investment and claims settlement, and often have higher management and operation costs< 6. In the field of public welfare, the data stored on the blockchain is highly reliable and tamperable, which is naturally suitable for social public welfare scenarios.

3.

Although the current blockchain technology is still in the initial stage, the advantages of this technology have begun to be reflected. In many fields, blockchain can proce great value, and I believe there will be more landing application scenarios in the future,

blockchain + cross border payment

at present, the mainstream way of cross-border remittance is wire transfer, and its cycle is generally as long as three to five working days. In addition to certain handling charges, intermediary banks will charge certain handling charges, Swift (Global Interbank Financial Telecommunication Association) will also charge a higher fee for the message exchange of its system. In China, a single fee of 150 yuan will be charged for cross-border remittance through the Bank of China

and the use of blockchain technology allows the remitter and the payee to pay and settle directly, eliminating all intermediate costs, so that cross-border payment and settlement can be completed point-to-point quickly. While improving the speed of settlement, it can also achieve all-weather payment, real-time arrival, simple embodiment and no hidden cost