Block chain technology attracted a great deal of attention. It has changed the rules of the game, like the early 1990s as the Internet. However, people often confuse the term "block chains" and "bit currency." We did not realize that the only currency Bitcoin or encryption applied block chain technology, this is the core of distributed digital ledger transfer to multiple industries.
A smart contract
, according to computer scientist Nick Saab (Nick Szabo) introduction, he was the first to propose the concept of intelligent contract, which is an implementation of the contract terms of the digital transaction agreement. When we hear "contract", you will sign a paper seen as a legal agreement between the parties. Intelligent contract-based block chain is a digital contract, which runs on a computerized trading agreement overseen by a plurality of nodes connected to the block chain network.
As the "block chain Protocol" run on all systems are distributed between the licensor, which can run and maintain their own, thus eliminating the need for intermediaries such as lawyers or notaries. Compared with traditional systems, intelligent contracts are transparent, traceable, secure and irreversible, which is why some industry turned to block chain.
Second, voting
elections are pillars of democracy. However, the security of the voting platform over the years has been questioned and criticized. In fact, vulnerable to sabotage and hacking a central server very easily destroyed, undermining the legitimacy of the election. However, if the application is to use the block chain technology development, the entire voting process can be encrypted and become transparent. The same phase and convenience of digital voting block chain binding, eliminating duplicate voting, vote tampering and deletion of voting and other issues.
Third, health care
block chain technology is subtle but useful way to penetrate into the health care industry. With the Internet of Things (IoMT) and the emergence of the implementation of artificial intelligence medical examination system, the application of technology will soon block chain through its interoperability, data portability, security and integrity revolutionize the healthcare industry.
This distributed books distributed technology is ideally suited to solve the challenges associated with the medical data. The three main areas are expected to benefit from the block chain database technology, including clinical trials, compliance and monitoring, and medical records.
Fourth, food safety
block chain http://www.gendan5.com/digitalcurrency/btc.html for food safe? This is not surprising. Technical experts believe the block chain technology can improve the entire data management process in a complex network of farmers, brokers, dealers, processors, retailers, regulators and consumers thereof.
In retrospect, we can easily find a series of events, including a number of low-quality food forcing chain restaurants and food businesses shuttered. Chinese baby milk scandal in 2008 and 2006 E. coli outbreak in North America is an example. At present, the food industry is still a lack of transparency and trust, which makes determining the exact location of the problem in the supply chain is very challenging. Accountability and traceability through the block chain, consumers can easily from one farm to another table to track their food.
Fifth, network security
in this era of mobile Internet consumers constitute a continuing threat, the surge in the number of data leakage. According to a summary report of identity theft resource center, "between January 1, 2018 to July 2, 668 gig damaged 22,408,258 records."
2018, Ponemon reported: "The average data breach the total cost of $ 3,860,000, the use of safe automation of organizational costs of $ 1.55 million. "
disturbing data breaches and hacker attacks on the rise forcing the organization to upgrade its network security solutions to match the method malicious actors.
These are just some of the many practical applications of the block chain technology. As a newly developed technology for a few years, it is constantly evolving and adapting to, until it becomes more mature in the coming years. It can be said, disruptive technologies block chain is growing at an alarming rate of innovation, it will lead to rapid changes in the world paradigm.