Hundreds of people compete in the energy industry, and HRD's diversified technological innovation promotes the application of blockchain
Since the beginning of 2020, the global economy has been declining due to the impact of the new crown epidemic. From the crude oil crisis to the meltdown of U.S. stocks, panic in the investment market is pervasive, but the blockchain and energy industries are one of the few industries that have risen against the trend.
Energy is an important foundation for economic development and the cornerstone of social development. In order to meet the challenges of energy development, it is urgent to promote the development of green energy. Governments around the world are vigorously promoting cooperation, and the planning, technology, policy, cooperation and exchanges related to the global energy Internet are being carried out as planned. In order to better deliver energy, energy interconnection construction projects between countries are increasing.
How to reach a consensus on the basis of energy cooperation, promote the reform of global energy governance, realize the protection of the energy interests of all countries, build energy governance strategies, and better participate in global energy governance. Therefore, the energy industry needs a new compatible, open, and universal underlying technology platform to link various network technologies so that trust-based value can circulate freely in different systems to support the development of large-scale commercial ecosystems. Blockchain technology fits perfectly.
In recent years, as various blockchains and their applications have gradually shown their potential, the development of blockchain technology has gradually become a global hot spot, becoming an important force to resist the current economic recession and promote sustainable development in the future. The blockchain business ecology can make life better. However, the infrastructure and policies of the energy industry in each country are different. The focus of research and development of the energy industry in various countries is obviously different, and there is no complete system to carry large-scale commercial applications.
In the emerging industry of "energy + blockchain", the blockchain business ecology has a bright future, but blockchain applications are difficult to implement. Even so, HRD has broken through many bottlenecks in the process of commercialization of blockchain technology and has become a rising star in the field of "energy + blockchain".
1. Introduction to public chain HRD
HRD is a "main chain + multiple application branch chains" hybrid blockchain platform. The new underlying architecture is designed to meet the performance requirements of enterprise applications. As the underlying system of the blockchain, it is committed to building an environmentally friendly energy transfer data model driven by blockchain technology and an intelligent platform for improving energy efficiency.
HRD's vision is supported by blockchain technology to provide a comprehensive infrastructure for the future of the energy industry, and is significantly ahead of the current main chain in core performance, and is fully open to blockchain development with its own blockchain capabilities personnel. By providing developers with basic building blocks to create breakthrough applications, blockchain applications are no longer difficult to land; at the same time, the threshold for ordinary users to use blockchain technology is reduced, so that blockchain can become a daily consumer The cornerstone of life.
2. Technical advantages of public chain HRD
Network layer: The core node program runs on the network nodes of HRD, which is used for block data generation and data update synchronization between different nodes.
(2) Consensus mechanism: POW consensus algorithm. The higher the performance of the mining machine, the more the number and the greater the workload, the more incentives will be obtained.
(3) Tree structure: The system block data is stored in a tree block structure of "secure main chain + multiple application branch chains".
(4) Cross-chain template: The implementation method of HRD cross-chain template and e-commerce template does not require VM compilation and has extremely high operating efficiency.
3. Rich application scenarios of public chain HRD
(1) Environmental protection energy trading:
Enabling energy consumers to actively participate in energy transactions and become energy producers and consumers. The producers and consumers in this scenario are not limited to residential users. Commercial and industrial users can also play the role of producers and consumers. Both physical flow and information flow You can interact with each other.
(2) Large transactions of environmental protection energy:
Energy product transactions can be packaged as information into blocks. For example, oil and gas transactions in blocks are completed based on a common market mechanism. The introduction of blockchain technology can automatically execute the terms of purchase and sale according to preset trigger conditions, and promote the transfer of electronic documents, smart contracts and certification, which can not only help companies achieve unprecedented efficiency, but also reduce transaction costs and risks.
(3) Intelligent service:
The open and secure features of blockchain and the application of smart contracts can help environmental energy companies improve the intelligence of their existing businesses and develop more intelligent value-added services. Smart contracts can also be applied to the field of environmentally friendly energy wholesale to reduce transaction risks and management costs
(4) Accounting and traceability of environmental energy assets:
Supply chain management, the traceability application of blockchain technology, in addition to the basic functions of anti-counterfeiting query and consumer feedback, can also obtain product information such as brand, origin, selling point introduction, enterprise qualification, safety certification and other enterprise information, import registration certificate, entry Traceability information such as cargo inspection and quarantine certificate, customs declaration form.
(5) Innovative application of environmental protection energy financial products
The tokenization of environmental energy market transactions, the public raising of digital currencies, and the platform absorb funds through ICOs, thereby using market means to encourage more renewable energy to be connected to the platform. Through the combination of the green ICO concept and financial products, it will bring revolutionary changes to environmentally friendly energy innovation, especially the renewable energy market.
(6) Supply chain finance
All parties involved in the supply chain finance business (including suppliers, purchasers, and banks) can use a decentralized ledger to share files and automatically make payments when the scheduled time and results are reached, greatly improving efficiency and reducing manual transactions Possible mistakes will form a complete and smooth flow of information throughout the supply chain and improve the overall efficiency of supply chain management.
Fourth, the conclusion
"Standing in the wind, the pigs will take off", talking about the importance of choosing the right track. There is no doubt that in the next 3 to 5 years, as the market focuses on the "energy + block chain" industry, it is bound to develop faster and more standardized with the rapid influx of capital and talents into the industry.
In the field of blockchain investment, underlying public chains like HRD have high investment value. The underlying public chain provides service support for large-scale commercial applications and plays a main role in the entire blockchain industry. The blessing of many international giants and authoritative organizations makes public chain HRD more competitive and credible.