Blockchain 3.0 era: large-scale commercial application development is about to be realized

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Nowadays, major countries around the world have begun to actively deploy applications in key areas such as the Internet of Things, intelligent manufacturing, supply chain management, and digital asset transactions around the blockchain technology.

my country's blockchain technology has made certain progress in the application of digital finance and social governance. It has a good foundation. It must closely integrate the real economic development and social welfare improvement and other practical needs to actively promote the deep integration of blockchain and economic society. Bring new impetus to economic development and social progress.

The three stages of blockchain development. From an application perspective, the industry generally divides blockchain development into blockchain 1.0, 2.0, and 3.0 stages.

1.0 stage

Blockchain 1.0 is electronic cash. Its scenarios include monetary functions such as payment and circulation. The economic form is mainly Bitcoin and its industrial ecology.

Stage 2.0

2.0 has carried out the development of smart contracts, making the blockchain expand from the initial monetary system to the registration and transfer of equity, debt and property rights, the transaction and execution of securities and financial contracts, and even financial fields such as gambling and anti-counterfeiting.

3.0 stage

3.0 will not only stay in the small area of ​​the blockchain, but must go deep into the actual real economy, expand to the fields of identity authentication, notarization, audit, domain name, logistics, medical care, energy, visas, etc., and become a kind of the most advanced society in the future. The underlying protocol, then the blockchain will enter the 3.0 era.

Large-scale commercial application development is about to be realized in the era of blockchain 3.0

"Blockchain + Supply Chain" realizes the traceability of the whole process of product information

The traceability and anti-counterfeiting system of the traditional supply chain has disadvantages such as opaque information, easy data tampering, poor security, and relatively closed. However, using blockchain technology and the Internet of Things technology, the information of the raw material procurement process, production process, and circulation process of the product can be carried out. Integration and traceability can truly achieve the full-process traceability of authentic products across brands, distributors, retailers, and consumers, down to one item, one code, and comprehensively display to consumers through multiple online channels, significantly enhancing user trust experience, such as , Blockchain technology is applied to the whole process of production, inspection and circulation of agricultural products, and basic information such as harvest time, processing time, and geographic location of each bag of rice are recorded on the chain to achieve traceability and quality assurance

"Blockchain + cross-border payment" streamlined process to reduce costs and increase efficiency

Cross-border remittance business involves many issues such as participating institutions in multiple countries, laws and regulations of multiple countries, and exchange rate changes. The complicated process, long time for receipt, high cost, high cost and low efficiency have become one of the bottlenecks hindering the rapid development of cross-border payment business.

Through distributed shared ledgers and smart contracts based on blockchain technology, direct interactions between cross-border payees and payers can be established, which significantly simplifies processing procedures, and realizes real-time sharing of transaction information and real-time settlement of transactions.

Blockchain-based cross-border payment can provide 24/7 uninterrupted services, reduce manual processing links in the business process, and greatly shorten the settlement time. At the same time, the application of blockchain technology weakens the role of intermediaries in the transaction process and effectively reduces transactions The direct and indirect costs in each link.

"Blockchain + clearing and settlement" enhance the level of openness and transparency

In the existing transaction model, inter-institutional clearing and settlement must rely on a third-party central clearing institution, and the infrastructure and business processes of different clearing institutions are different, resulting in many clearing and settlement business links, cumbersome processes, low efficiency and high costs .

The use of a blockchain-based universal digital currency can realize point-to-point quasi real-time clearing and settlement, which can reduce intermediate processes and improve the efficiency of clearing and settlement. Blockchain-based smart contracts can also realize automatic transaction clearing and settlement, which can significantly save time and reduce labor costs. The disintermediation shared ledger constructed based on the blockchain system can record all transaction settlement and settlement on the chain, which is transparent and checkable to both parties of the transaction, which significantly improves the accuracy and efficiency of reconciliation.

Since 2016, several domestic financial institutions have successively used blockchain-based inter-institutional reconciliation platforms to optimize the inter-bank reconciliation process, reducing reconciliation costs and improving accuracy.

"Blockchain + Smart Manufacturing" to create a safe and efficient smart manufacturing ecosystem

Aiming at the problems of single operation and maintenance record storage and low reliability of equipment in traditional production mode, blockchain smart contract technology is used to integrate important information in key links of smart manufacturing and service such as series design, manufacturing, use, maintenance, and recycling. , The transaction is executed by smart contracts, the parts and manufacturing units are tracked and maintained throughout the life cycle, the manufacturing process and product quality are strictly guaranteed, and the internal development quality of the manufacturing industry is improved.

At the same time, blockchain builds a safe, mutual trust, and efficient bridge between participants in the global intelligent manufacturing ecosystem, and provides a low-cost, high-yield, and private communication method for each participant in the intelligent manufacturing system to promote participation. Efficient collaboration between parties. For example, the distributed smart production blockchain project has been able to solve the problems of smart contract construction, value transfer and data mutual trust in industrial production.

"Blockchain + Internet of Things" builds an information exchange network in the era of Internet of Everything

The distributed heterogeneous blockchain system network is a typical P2P network, and the Internet of Things naturally has a distributed gene. Each device in the network can manage its role, behavior and rules in the interaction, which is important for the establishment of a blockchain. The systematic consensus mechanism has an important supporting role.

With the growth of the number of devices in the Internet of Things, such as the management of the traditional centralized network mode, it will bring a huge amount of data center construction and operation and maintenance investment.

The distributed nature of the blockchain provides a way for the self-governance of the Internet of Things, which can help devices in the Internet of Things understand each other and understand the relationships between different devices, thereby realizing distributed control of the Internet of Things.

"Blockchain + Medical" guarantees the safe sharing of medical data

Using blockchain technology to mathematically encrypt medical data can effectively prevent risks such as malicious modification of medical data.

The medical data sharing and exchange system developed by applying blockchain technology can upload encrypted medical data, which can realize the rapid, efficient and safe sharing and circulation of data among patients and medical institutions, effectively simplifying the medical data The calling process provides data guarantee for accurate diagnosis of the condition.

For example, existing companies have developed a blockchain platform suitable for chronic disease treatment, incorporating regulatory agencies, medical institutions, third-party service providers, and patients themselves into the alliance chain for data sharing and management. All parties are in a protected ecosystem. Share sensitive information and coordinate the implementation of an integrated chronic disease intervention mechanism to ensure that the disease is effectively controlled.

So, are you ready for the full arrival of the "blockchain 3.0" era?

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Origin blog.csdn.net/CECBC/article/details/108913412