Blockchain technology can be used not only for digital currencies but also for a wider range of other uses. The application of the currency range is called Blockchain 1.0 and mainly addresses the de-centralization of money and payments.

As early as when Bitcoin was first created, Nakamoto considered a programmable feature that could support multiple types of transactions.

As a starting point, the application of blockchain technology goes beyond the digital currency. Blockchain 2.0 can be used to register, confirm and transfer various types of assets and contracts, such as various financial transactions, public records, private records, etc., Thus centralizing the entire market more macroscopically.

Blockchain 3.0 further extends beyond the realm of economics to enable the increasingly automated distribution of physical and human assets worldwide and to promote large-scale collaborations in science, health, education and more.

Look at the application of the block chain 3.0 era:

Automated procurement

The purchaser wishes to set up an automated supply process to follow up the execution of the contract and to complete the full payment, partial payment, subsidies and fines according to the specified conditions. In this process, multiple purchasers, suppliers, logistics, banks, etc. need to have a complete record of the delivery of each batch of goods. Through the use of blockchain programs, multi-party joint bookkeeping, co-regulation, to achieve efficiency and transparency and improve anti-risk ability.

Blockchain technology 3.0 era open: five application scenarios (depth of popularity)

Intelligent Internet of Things applications

Future smart devices can handle some of the day-to-day work with smart IoT instead of people. For example, a car can automatically order gasoline, scheduled maintenance services or cleaning services. Refrigerators can automate ordering of goods, and even air conditioners and refrigerators can negotiate how to peak load electricity. Through the blockchain scheme, credit mechanisms can be set up in a distributed IoT, using blockchain records to monitor and manage smart devices, while using smart contracts to regulate the behavior of smart devices.

Supply chain automation management

Customers want to know the supply chain information of purchased goods, for example, consumers want to know the production, processing, distribution, storage, transportation and source of raw materials. The integrators want to know the manufacturers and channels of components. With a blockchain approach, you can register where each item came from, provide a shared global ledger and track down all the circumstances that caused the change.

Virtual asset exchange, transfer

In the game or some industries, consumers accumulate a lot of virtual assets (points, points, rewards, equipment, combat power, etc.), consumers want convenient exchange or transfer of virtual assets. For example, gamers want game virtual assets can be transferred from one game to another game, or between players can redeem these virtual assets. The use of blockchain program, you can achieve an open and fair transfer of virtual assets, without the influence of third parties, automatically credited.

Ministry of Industry has long been concerned about the development of blockchain technology.

Yesterday, Li Ying, inspector of the letter soft division, said that the blockchain is a very rapid development of technology. China has some technical and industrial foundation in the area of ​​blockchain. The market attention and business engagement are high. Block chain development and application of important opportunities. Ministry letter letter soft division will be active and effective measures to promote theoretical research and application of promotion, and strive to actively create a good environment for development. Ministry of Industry is also actively carry out standards development and promotion. On the one hand, community standards as the starting point, to carry out standard research work to explore the application of standard applications promotion; the other hand, actively participate in international standard-setting work.

It is reported that last year the International Organization for Standardization ISO set up a blockchain and distributed ledger technology standardization organization, referred to as "ISO / TC307." In March, the National Standards Institute made it clear that China Institute of Electronics Standardization as the ISO / TC307 domestic technology counterparts. In April this year, representatives of the institute participated in the meeting of the International Standards Working Group.

Dai Hong, director of the Industrial Standard II of the State Standardization Administration, believes that at present the research on the standards for blockchain in the world is in its infancy. China pays attention to the overall layout of the standards for the blockchain and actively explores and participates in the formulation of international standards.

The problem solved by blockchain is exactly the problem of connection and trust in all parts of the distributed system. The essence of blockchain is a decentralized and consistent storage system with weak centralization and de-trusting. Through the "signature" mechanism and so on, the blockchain can handle the most fundamental credit problems in human society. On the basis of creating a trust mechanism, a value internet is constructed. The core value of the blockchain lies not only in the circulation of information, but also in the circulation of assets, that is, in efficient transactions and the elimination of isolated islands of information as a result of a centralized structure to enhance the overall social efficiency. Guo Rui has cited a simple example:

"If there is a parliament, every one of the parliamentary resolutions will be signed by all the parliament members and archived independently. If one of the parliament members wants to fake an instrument, he will easily find his information inconsistent with that of others and result in the failure of the document. Forgery must be combined fraud by more than half, so that fundamentally, to solve the credit risk of a single node. "

to sum up

The technical characteristics of blockchain telling us that the real effect of a blockchain application is to crush all private credit agencies that cause intermediate costs so that value exchange can be directly linked to each other. Therefore, the private chain, the coalition chain worth mentioning, did not achieve the widespread value of subversive. Therefore, the application of blockchain technology industry perspective, we should have horizons, rather than cramped technical potholes, watching the little happy at this point.

People were already aware of the value of the Internet at the time, but still could not imagine how much they would have in the future with the world we live in.

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