Red wine blockchain digital currency
nowadays, the mainstream digital currencies are basically developed based on blockchain technology. Blockchain is the underlying technology of digital currency. The domestic tea based digital currency Puyin is developed based on blockchain technology.
Anti counterfeiting, such as frog coin and Weilian the source and process of frozen food monitoring of final procts such as imported milk powder and luxury goods: red wine, bags and refrigerators, because it is impossible to cheat by writing into the blockchain Back modification is being implemented or has been implemented (only the chain's partners are very strong)
smart contract or intellectual property rights, such as publishing a song. In the blockchain, you own the song, use the smart contract to sell and protect the property rights, such as Neo and Ethereum. Game development or program development: for example, cryptokitties are free to breed and trade different kinds of cats without age or rarity (the closer the age is, the more expensive it is)
the evolutionary version of ICO IPO raised $40 billion in 2017, which is the securities of any company or indivial to support its development of e-money Platform (polymeth)
free trade of game items under development
Blockchain technology is popular in the market because it can rece intermediate links, rece fraud caused by data consistency, improve business efficiency and speed, rece the risk of counterparties, increase revenue and save costs
in-depth study of its implementation principle, blockchain uses cryptography algorithm, specially designed data structure and multi-party consensus algorithm to solve the consistency, reliable storage and anti tampering problems of multi-party transaction records by machine algorithm, which has a strong natural relationship with electronic data storage
first of all, the electronic contract signing records are stored in the shared account book jointly maintained by multiple parties, which can not be tampered with, denied, and of course will not be lost
secondly, electronic contract text and electronic contract elements are encrypted, including electronic contract participants. Only participants can decrypt and view the data to protect the privacy of the parties
thirdly, the machine strictly implements the pre-defined rules (smart contract), and no longer only relies on a single agreement with a third party. KYC service based on blockchain automatically checks and verifies the validity and identity of certificates, and ensures the authenticity of participants' identities on the basis of privacy