• Following the “new infrastructure”, another science and technology plan vigorously develops areas

    Following the “new infrastructure”, another technology plan vigorously develops areas The Chengdu Municipal People’s Government and the Chengdu Branch of the People’s Bank of China recently issued the “Chengdu Financial Technology Development Plan (2020-2022)”. The plan points out that by the end of 2022, Chengdu will use underlying technology as the main line and rely on financial scenarios to realize multiple financial technology application demonstration scenarios with domestic and foreign influence. According to relevant content, specific measures include accelerating the development of digital inclusive finance and further strengthening the application…

  • Analysis of future development trends of blockchain technology

    Focus on technology in 2020: Blockchain technology has become the highlight of innovation and development In 2019, blockchain technology gradually thrived in the fertile soil of technology. For example, the 2019 annual reports of many banks show that blockchain covers many areas in finance. Among them, the transaction volume of CCB’s blockchain trade finance platform exceeded 400 billion yuan. For many people, blockchain has the benefits of decentralization and trustlessness, because blockchain can provide distributed accounting, data cannot be deleted, and cannot be tampered with. From a technical perspective, it…

  • What is blockchain technology? How does blockchain work?

    What is blockchain technology? How does blockchain work? What is blockchain technology? Blockchain, sometimes referred to as distributed ledger technology (DLT), makes the history of any digital asset immutable and transparent through the use of decentralization and cryptographic hashing. Google Doc is a simple analogy for understanding blockchain technology. When we create a document and share it with a group of people, the document is distributed rather than copied or transferred. This creates a decentralized distribution chain so that everyone can access the document at the same time. No one…

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  • Blockchain Technology: Functional Characteristics of Blockchain Technology

    Blockchain is essentially a distributed storage system. Because it adopts a transaction accounting storage model, it can also be called a distributed accounting system. Let’s talk about the functional characteristics of blockchain technology: 1. Decentralization In traditional platform technology, central decision-making is a very common data processing method. For example, in the traditional bank transfer method, transaction information must be processed by the bank’s central server cluster, and the two tasks are completed through layers of data upload and instruction distribution. transactions between accounts. Every transaction in the blockchain is…

  • Blockchain technology application: What changes can blockchain technology bring to our lives?

    One ​​of the main goals of blockchain technology is to allow people from all over the world to easily communicate with each other and conduct business. When people are more inclined to trust each other than to rely on central institutions, the development of blockchain becomes an inevitable trend. Blockchain can promote the free movement of people around the world in many ways. Let’s learn about the changes that blockchain technology can bring to our lives: Blockchain technology can help reduce the cost of moving money and goods around the…

  • New Technology Trends: 5 New Technology Development Trends in 2022

    Today, there are many emerging technology trends serving businesses. It is very necessary to understand the new trends as it can be a boost for the company. With this information, we can easily upgrade our company and make it easy for potential customers to contact us. Additionally, the latest technology trends enable businesses to stay relevant in the technology world. From 3D printing to eliminating hackers through cybersecurity, it’s critical to adopt these technology trends so your business can grow and retain customers. Here are the top 5 new technology…

  • The appropriate application scenarios of blockchain must be analyzed based on the characteristics of blockchain technology itself.

    As the most cutting-edge information technology achievements continue to be integrated into the financial industry, distributed ledger technology based on blockchain has emerged and has been explored and implemented in some scenarios (such as cross-border payments). 1. Introduction to blockchain application scenarios Blockchain technology has moved from pure technical discussion to the stage of application. A large number of blockchain-related companies and teams have emerged at home and abroad. A few companies have explored unique application scenarios based on their own business, but more companies are still in the stage…

  • What is the power of “blockchain+” between blockchain and traditional industries?

    Since the emergence of blockchain technology, all walks of life have been crazy about its disruptive value and have rushed to deploy it. We are seeing more and more words “blockchain+”. So, what is the power of this “combination” of blockchain and traditional industries? Can it really solve some thorny pain points? It is well known that blockchain technology has the following characteristics, decentralization, fairness and transparency, anti-counterfeiting, anti-tampering, quasi-anonymity, transaction traceability, etc. Based on the characteristics of blockchain technology, it will undoubtedly be widely used in the financial industry….

  • What industries does blockchain technology involve in real-life applications?

    Industry application scenarios of blockchain technology Digital currency has developed rapidly in recent years. Due to the characteristics of decentralized credit and frequent transactions, it has a high transaction value and can maintain a relatively stable price through the development of hedging financial derivatives as a quasi-super-sovereign currency. So, in addition to digital currency applications represented by Bitcoin, what other industry applications does blockchain technology have: 1. Blockchain + Medical In the medical field, blockchain can use its anonymity, decentralization and other characteristics to protect patient privacy. Electronic health records…

  • The development history of currency and the birth of blockchain technology

    In the era of primitive society, social and economic systems were underdeveloped, and financial systems and tools had not yet been invented. Since humans are social animals, they naturally perform their own duties. Some are responsible for hunting, while others are responsible for gathering wild fruits or making tools. Because of this, the materials in everyone’s hands are uneven, and bartering naturally occurs. People will exchange what they need with others. The following is a detailed introduction to the birth of blockchain technology: It was not until the Shang Dynasty…

  • Application of blockchain technology in the financial industry

    It is well known that blockchain technology has the following characteristics, decentralization, fairness and transparency, anti-counterfeiting, anti-tampering, quasi-anonymity, transaction traceability, etc. Although the security issues of the blockchain itself have been criticized by people, such as frequent loopholes, digital currency crimes, etc. But it is undeniable that it does bring new opportunities for the development of certain industries, such as the financial industry. Whether in terms of cost, efficiency or security, blockchain technology has made innovations. Based on the characteristics of blockchain technology, it will undoubtedly be widely used in…

  • What is the true “decentralization” of blockchain technology? What are the advantages?

    The “blockchain” in the wave has become a business opportunity for the development of high-tech industries in the future. With the arrival of the blockchain 3.0 era, how should this technology be integrated into people’s life scenes? Achieving widespread application has become the key to everyone’s discussion. Among them, “decentralization” is considered to be the core of this technology. So, what is “decentralization” in the true sense? 1. What is decentralization? Let’s interpret it literally. The meaning of “decentralization” is easy to understand. For example, if you rent a house…

  • The development trend of blockchain technology and the future of blockchain finance

    Blockchain technology is an epoch-making and revolutionary innovative technology that will profoundly affect and change everything we are familiar with from all aspects. So will a large number of jobs disappear from the world? I think back then, the birth of computers also took away many people’s jobs. On the other hand, it created a lot of new opportunities and new positions. “Programmers” are familiar to everyone. Software and its surrounding industries have formed a very large-scale industry, and the number of new jobs created is astronomical. This is true…

  • Blockchain technology allows businesses to gain many advantages and benefit from blockchain applications

    Blockchain technology is a distributed database that allows secure, transparent and tamper-proof transactions. Transactions are verified by all nodes on the network, making it difficult for hackers to break into the system. However, blockchain technology is still in its early stages and there is room for improvement. There are some risks associated with blockchain technology, including the possibility of hacking and the reliance on nodes to verify transactions. However, these risks can be mitigated by implementing appropriate security measures. Blockchain technology allows businesses to gain many advantages and benefit from…

  • Main application areas of blockchain technology (1)

    Blockchain technology, with its unique characteristics, enables it to be applied in many fields. Blockchain is essentially a multi-participant, jointly maintained, and continuously growing distributed database system that applies cryptography technology, also known as a distributed shared ledger. Each page in the shared ledger is a block, and each block is filled with transaction records. The characteristics of blockchain technology, such as anonymity, decentralization, openness and transparency, and non-tampering, make it favored by enterprises and has won More extensive application attempts. 1. Financial field The blockchain can provide a trust…