• 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…

  • Blockchain has inherent advantages in the financial field. Specific applications of blockchain technology in the financial field.

    At present, the most widespread and successful application of blockchain technology is the digital currency represented by Bitcoin. Digital currency has developed rapidly in recent years. Due to the characteristics of decentralized credit and frequent transactions, it has a high transaction circulation value and can maintain a relatively stable price by developing hedging financial derivatives as a quasi-super-sovereign currency. . Since the emergence of Bitcoin, several digital currencies have appeared one after another, and a relatively large industrial chain ecosystem has been formed around the generation, storage, and transactions of…

  • 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…

  • 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…