One article to understand what value blockchain technology brings?

Many investors are exposed to blockchain technology for the first time. The question that everyone is more concerned about is what value blockchain technology brings. In fact, blockchain technology has brought us a lot of value. The first is its own Building capabilities, then information sharing, and developing enterprise standards and comprehensive governance of the ecosystem, etc. Many investors want to understand the value brought by blockchain technology in detail. Let the editor of the currency circle introduce it to you.

What are the values ​​brought by blockchain technology?

The value of blockchain mainly includes building capabilities, information sharing, ecosystem governance, and the development of corporate standards. These are some of the most common values ​​of blockchain.

In the beginning, many cities tried to improve their comprehensive urban construction capabilities through blockchain. This is also the biggest value of blockchain, which is reflected in its powerful creation ability.

Information sharing is now fully entering the information age. Information sharing is very important in the development process of enterprises. Only by grasping valuable information at the first time can we grasp the market trend and development trends and ensure the stability of the enterprise. develop.

In the process of enterprise operation, the platform and sharing standards used need to be considered, as well as the specific data sharing standards and how to carry out reasonable control. These all need to be confirmed through the blockchain.

To ensure the comprehensive governance of the ecosystem, blockchain technology can be used to confirm ecosystem governance measures, formulate good governance standards based on actual conditions, and keep up with the development of the times.

Introduction to the characteristics of blockchain technology

Blockchain relies on various nodes to jointly maintain the system and ensure the authenticity of information transmission. It is based on distributed storage data. There is no centralized management center, so attacks and tampering on a certain node will not affect the healthy operation of the entire network; the blockchain is not absolutely decentralized. Different architectures have different degrees of decentralization: depending on the application scenario, there can be complete decentralization, multi-center, and weak center. As the public chain is often said, it is a decentralized distributed ledger open to all Internet users, such as Bitcoin and Ethereum, which are completely decentralized public chain architectures.

Do not change the meaning of the original content, fine-tune the content, rewrite the content, do not continue to write "· De-trust: establishing a connection between any two nodes does not require trusting each other's identity, and data exchange between the two parties There is no need for mutual trust. Since all nodes in the network can act as "supervisors", there is no need to worry about fraud; due to the distributed sharing of ledgers, distributed storage of data, and distributed records of transactions, everyone can Everyone can participate in this distributed accounting system, and the transaction information on the ledger is also open to everyone, so anyone can query, audit and trace the data information on the blockchain through the public interface. Also It is precisely because of the high transparency of the blockchain distributed shared ledger that all related parties can be sure that the information in the on-chain database has not been tampered with and cannot be tampered with.", the word count should not exceed 598

·Yes Extension: Blockchain is an underlying open source technology, on which various extensions, decentralization, and trustless applications can be realized;

·Anonymization: Both parties to the data exchange can be anonymous , nodes in the network can exchange data without knowing each other's identities and personal information. Privacy anonymity means that the blockchain uses the privacy protection mechanism of cryptography to protect the private information of traders according to different application scenarios. The identity of the trader will not be disclosed during the entire process of participating in the transaction. The identity of the trader and the transaction Details are not viewable by third parties or unrelated parties.

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