Block chain develops rapidly with an irresistible posture. Various application scenarios have been excavated. The innovative technology born from bitcoin's nirvana is subverting the financial industry and our life.
Since the value of the block chain is found, the block chain is always a conceptual thing until the block chain applies to the actual landing. In addition to some professionals, few people know what the block chain is. What can I do in the end? What kind of change will happen to our society?
From the beginning of 2016, more than 100 kinds of blockchain technology solutions have been explored, block chain has been in and out of the conceptual stage, then slowly, block chain will gradually get rid of the definition of the concept, into our real life, real time open block chain "".
- Block chain 1
- Digital money Era
The 1 stage: block chain chain block a most basic, mainly refers to the stage of digital currency bitcoin, including reboxetine currency of the digital currency stage can do the most simple to the center of the transaction.
Digital currency, as a currency payment system, has advantages of shorter time consuming and lower service charge compared with traditional currency, and it can conduct direct remittances and other transactions on the Internet without the intervention of the third party.
Bitcoin is the first to appear and so far the largest encrypted currency. Bitcoin and block chain are born at the same time, and it is also an important application of the 1 era of block chain. The bitcoin represents the origin of the block chain technology, and is a power to innovate the future.
- Block chain 2
- Digital assets and the age of intelligent contract
If block chain 1 is known as "global account book", then block chain 2 can be regarded as a "global computer", which is a de centralization of the whole market.
Block chain 2 is located on the application platform. On this platform, applications can be uploaded and executed, and the execution of contracts can be effectively guaranteed. The platform is interacted and processed with other external IT systems to realize the application of all walks of life.
What is the use of intelligent contracts in liquidation? This is another important part of the block chain 2: digital assets.
Digital assets refer to the non monetary assets held or controlled in the form of electronic data and held in daily activities for sale or in production process.
Digital assets include not only digital money, digital stock and digital bonds, but also all digital assets, such as patents, copyright, creativity, credit and so on. In fact, digital assets take advantage of the non modification and programmability of block chain data. The stocks and bonds registered on the block chain can rely on Intelligent contracts to carry out autonomous transactions on point to point and self settlement. For the society, the digitization of assets is a big trend, which can reduce the waste of resources and reduce the cost. It is the most convenient way for the circulation of assets.
Block chain 3
The era of credit society
John Joseph Foley, chairman of BTL Australia, said: once the era of block chain 3 comes, we will enter a new era, and there will be no era of trust crisis.
In daily life, the credit behavior of the acquaintances has long been popularized, such as borrowing between acquaintances. With credit, there is credit behavior. The government quantifies credit by issuing currency, etc. after the popularization and popularization of block chain technology, there will be a lively scene involving full participation in quantifying credit.
Trust is a kind of agreement, which exists in the subconscious mind, but the subconscious is changeable, so the trust relationship is unstable. And the block chain is the use of rational technology to solve the distrust of human nature.
The 3 stage of block chain is to form a completely decentralized social network. After the formation of this social network, it means that we can form social trust relationship at a very low cost, so that the whole social operation cost will drop dramatically.
Under the block chain 3, automated purchase, intelligent IOT application, supply chain automation management, virtual assets convertibility and transfer can be realized. It can play its role in various fields such as art, law, development, real estate, hospitals and so on. It will no longer be limited to the economic field, it can be used to achieve the worldwide distribution of increasingly automated physical resources and human assets, and promote large-scale collaboration in science, health and education. Block chain technology can break down all private credit institutions that lead to the cost of the middle, so that the value exchange is directly linked by both sides, and it will restructure the whole society.
In the foreseeable future, block chain will deeply affect many industries including financial industry, create cross regional cooperation opportunities, improve resource allocation efficiency, and help industrial transformation and upgrading. The positive response to the technology or the passive upgrading will also lead to the re shuffling of the various industries.
Today's block chain, like the Internet in 1990s and the mobile Internet around 2000, represents the future of the horizon from the horizon. The impact of block chain technology and protocol architecture on the financial industry is just the beginning. Block chain and its increasingly rich application scenarios will fundamentally change our cognition of property, economy and society.