Although the blockchain is essentially just a decentralized distributed ledger (database). However, its underlying framework and operating principles can bring about huge changes to existing business fields and life scenarios.
The development of blockchain is divided into three stages
. First, the stage of blockchain 2.0 is mainly used in the financial field in the commercial field: such as the clearing and settlement of digital currencies, as well as digital asset management, crowdfunding, smart contracts, legal document verification, etc. In the foreign exchange financial industry, the application of blockchain technology in the foreign exchange industry can solve the pain points in the development of the traditional foreign exchange industry, make the trading environment more and more transparent, and improve the efficiency of foreign exchange transactions by improving the speed of information processing. Try and utilize this technology, in addition, the application of blockchain technology will continue to lower the threshold for participating in the foreign exchange industry.
Second, the blockchain is highly flexible, and one of its characteristics can be used to combine with existing business scenarios. To combine technology with reality, it must improve itself. We know that the blockchain has four characteristics, and one or two of them can be used to make great products, but some of them are cumbersome for this product. Fortunately, the blockchain itself is very flexible, and one of its characteristics can be combined with existing business scenarios.
3. The greater probability is to join forces with AI, the Internet of Things and big data, and the development value of blockchain technology does not need to be repeated. It is foreseeable that the blockchain technology representing "data sharing" will be combined with the latest technology and landed together with the most cutting-edge technology.
Taking the Internet of Things as an example, although the concept has been deeply rooted in the hearts of the people, the meaning of blockchain for the Internet of Things is to establish a low-cost P2P data interconnection model between hundreds of millions of devices, through its decentralization. The characteristics of all data do not need to go back to the central server and then transmit to other devices, but directly transmit point-to-point. Let the data get rid of the dependence on the central control system, and users do not have to worry about the government, engineers, and hackers in the centralized structure eavesdropping on your data. This is what the giant IBM is doing!
Every new round of big technological revolution will open a new era. Now, the era of the Internet of Value driven by blockchain technology has stood at a crossroads in all aspects. For example, the electrical age, steam age, and Internet age in the past are no different. The handover of the old and new eras is accompanied by a huge transfer of wealth.