Selling virtual currency online
Briefly introce the application of blockchain technology in the financial field
1, the application of blockchain technology in the banking instry
the biggest feature of blockchain technology is decentralization, which will rece a lot of costs for the banking instry
First of all, decentralization means that there is no need for intermediary to establish trust mechanism between banking systems, which saves the cost of intermediary Secondly, the development of digital currency will realize the real-time digital transaction of banks. For example, in bill transaction, bank's bill transaction always relies on the third party to realize the transfer of valuable documents. Even for electronic bill transaction, it also needs the information of central bank's ECDs system for mutual authentication. The blockchain technology can realize the point-to-point value transmission, which no longer needs centralized system control. This not only speeds up the bill transmission speed, but also reces the mistakes caused by human factors. The rection of process will naturally rece the demand of the bank for personnel and save the labor cost of the bank Finally, it will also have an impact on clearing and settlement. The bank's clearing and settlement business has always been completed by the central settlement, with low efficiency. Settlement through blockchain technology will greatly improve the efficiency of banks < / UL >blockchain technology also plays an important role in the cross-border payment business of banks. Today, with the highly developed global trade, cross-border payment is becoming more and more frequent. Banks often act as third-party services in cross-border trade, such as electronic transfer, asset custody and so on. However, cross-border payment generally takes about two days to get to the account, which is inefficient and reces the utilization rate of funds in transit. In the blockchain technology, both sides of cross-border payment can complete through the point-to-point way, realize all-weather payment and real-time arrival, thus speeding up the speed of clearing and settlement, and improving the efficiency of bank business processing
another feature of blockchain technology is de risking. Banks can establish their own blockchain, which can ensure that the transaction information and transaction records of bank customers are true and effective, and will not be tampered with arbitrarily. Banks can effectively identify customers' information, understand all aspects of customers' situation, identify abnormal transactions of customers, and prevent being cheated by customers, It can also detect illegal money laundering, transfer of funds and other criminal acts in time, so as to rece the cost of bank supervision
2, the application of blockchain technology in the insurance instry
blockchain technology also has incomparable advantages in the insurance instry. From the perspective of data management, the application of blockchain technology can effectively improve the risk management and control ability of insurance companies, including the risk supervision of insurance companies and the risk management of policyholders
the application of blockchain technology in the insurance instry can strengthen the internal risk supervision of insurance companies. Blockchain technology can record the daily operation process of insurance company on the node, realize the in-process control of the company's capital flow, investment situation, compensation amount and other business, and improve the company's risk management and control ability
in addition, the blockchain technology is safe, reliable and can not be tampered with at will, which ensures that the information obtained by the policyholder is true and effective, and enhances the risk management ability of the policyholder
3. Application of blockchain technology in the securities instry
under the operation of the smart contract, the buyer and the seller are automatically paired, and the settlement and clearing steps are automatically completed through the distributed digital registration system. The transaction records on the blockchain will not be changed casually, so the information entered has the effect of publicity in practice, so there will be no dispute about the confirmation of ownership in the stock exchange
in addition, blockchain technology makes the securities trading process more open and transparent. Through the blockchain technology, the securities instry does not need central institutions to operate and manage, nor does it need investment banks to underwrite, so as to realize real point-to-point transactions, rece the illegal behaviors such as the black box operation and insider trading in securities trading, and realize the effective supervision of the securities instry
4, blockchain technology and financial infrastructure
blockchain technology is a decentralized mechanism for value exchange, which will lead to earth shaking changes in the existing financial infrastructure characterized by centralization
collateral, collateral, stocks, bonds, derivatives and other assets usually need a trusted central authority to register or keep, while blockchain can record and save the data of these procts in a new way, which will have an impact on the registration system of these procts
through smart contracts, blockchain can receive and respond to information and value, automatically complete the transfer of value, and automatically complete transactions, clearing and settlement, which will impact the existing financial infrastructure such as the existing large value trading system, central securities depository, securities settlement and OTC derivatives trading
5. Application of blockchain technology in supply chain It is an effective guarantee of financing credit and transaction credit
< UL >first of all, the blockchain can time stamp all the transaction data in the supply chain, which can not be tampered with at will. Even if the transaction data of a node can be tampered with, it can not cover the sky with one hand. Therefore, the blockchain solves the banks' doubts about the tampering of enterprise information. For some small enterprises, as long as the credit is good, the possibility of lending to the bank will be greatly improved
secondly, the information between upstream and downstream enterprises recorded in the blockchain, through effective integration, can not only provide support for enterprises in proction, sales and other links, but also for downstream enterprises to analyze customer preferences, so as to develop targeted services
you can refer to the following sales process:
(1) enter "my 5173" and select "I am the seller" - I want to sell
(2) select the sale category, and then select "consignment transaction" or "secured transaction"
(3) select the game, select the item category, select the game area service, and fill in all the information of the corresponding game. Note: items with "*" are required
(4) after filling in, click "next", and then "OK", your information will be generated successfully, and the reviewer will audit and put on the shelf for you within a certain period of time.
at present, the well-known virtual currencies are bitcoin, Fuyuan coin, Laite coin, doggy coin, reborn coin and so on. Bitcoin is a consensus network, contributing to a new payment system and a fully digital currency. It is the first decentralized peer-to-peer payment network, which is controlled by its users without a central management organization or middleman. From the user's point of view, bitcoin is much like Internet cash. Bitcoin can also be regarded as the most outstanding three style bookkeeping system. Fuyuan coin is the integral system of jewelry instry; Lightcoin is an unsuccessful test of bitcoin; Dog coin has certain advantages in charity market and small reward market; Reborn is a payment gateway.