As a new generation of disruptive applications, blockchain technology has become the hottest topic at the moment. In 2018, the blockchain technology originally hidden behind Bitcoin gradually came to the front of the market. The initial emergence of blockchain is undoubtedly inseparable from the soaring rise of digital currencies such as Bitcoin.
While the world's major economies and important international organizations are accelerating the deployment of blockchain technology, Chinese financial institutions, Internet companies, IT companies and manufacturing companies are also actively planning. Data shows that the number of domestic blockchain-related listed companies has increased to about 30.
Cainiao and Tmall International recently jointly announced that they have enabled blockchain technology to track, upload, and verify the entire logistics chain information of cross-border imported goods for consumers to query and verify. Tang Ren, technical director of Cainiao International, said that the application of blockchain in the field of overseas shopping is very broad. "We firmly believe that this is a fundamental technology of the Internet, not a tool for currency speculation." JD.com also announced on its official website that it has released a new accelerator for the development of artificial intelligence and blockchain technology. .
Industry experts believe that as an important underlying facility for the development of financial technology, the application of blockchain is worth looking forward to. In the future, it can be used for digital currency and transformation of application scenarios such as payment, settlement, and transaction of financial institutions. It can reduce costs and increase efficiency while reducing risks. Take the foreign exchange industry as an example: the application of blockchain technology in the foreign exchange industry can solve the development of the traditional foreign exchange industry. It makes the trading environment more and more transparent, and the information processing speed is more efficient to improve the efficiency of foreign exchange transactions. Large international foreign exchange traders have begun to try and use this technology, such as Juhui ggfx's MT4 has been able to support second-speed non-slippage transactions , allowing investors to avoid the additional risk of slippage.
In addition, in the opinion of experts, blockchain technology can achieve extensive and even subversive applications in many fields such as finance, and its strategic value is prominent. But at the same time, practitioners should correct the development of blockchain technology in a timely manner, and the government should give more guidance and support in terms of policies.