Shulou(Shulou.com)06/02 Report--

This article is to share with you about the application scenarios of blockchain technology. The editor thinks it is very practical, so share it with you as a reference and follow the editor to have a look.

Eight Application scenarios of Block chain Technology

1. Finance

Finance has been digitized, so this is the most handy area for blockchain applications. At present, some people have begun to try in the fields of international exchange, letter of credit, equity registration and stock exchange, and it has great potential application value. People's exploration is whether the application of blockchain technology in the financial field can "omit the intermediary link" and achieve point-to-point docking, which can reduce transaction costs and complete transactions more quickly at the same time. For example, the use of blockchain distributed architecture and trust mechanism can simplify the telegraphic transfer process of financial institutions, especially complex transactions involving multiple financial institutions.

2. Supply chain and logistics

Blockchain also has unique advantages in the field of Internet of things and logistics document management. Enterprises can reduce the cost of logistics document management through blockchain, and can monitor and trace the whole process of production, warehousing, transportation and arrival of goods. Improve the efficiency of logistics chain management. In addition, blockchain is also considered to have rich application scenarios in the field of supply chain management, such as direct transactions between upstream and downstream can increase transparency, trust and efficiency, if blockchain includes supply chain finance, that will greatly improve the efficiency of finance and reduce the credit costs of financial institutions and enterprises.

3. Public service

Blockchain also has rich application scenarios in public services, energy, transportation and other information fields that are closely related to people's lives. For example, at present, due to the lack of trust, the problem that people react to and need to solve is the problem of individuality or generality? The central manager is sometimes unsure, but after using blockchain technology, the correct answer to this question may be found instantly.

4. Authentication and notarization

Block chain can not be tampered with, which can provide a solution to the problem of "certificate deposit" in economic and social development, and provide a new idea for the realization of social credit information, and there is a lot of market space. For example, recently, Tencent launched "blockchain electronic invoice", which has become a "popular style" in the application of blockchain technology.

5. Public welfare and charity

The unusurable modification of the distributed data stored on the block chain is naturally suitable for social welfare scenarios. The relevant information in the public welfare process, such as donated projects, fund-raising details, capital flow, recipient feedback and other information, can be stored on a specific block chain, transparent, open, and through publicity to achieve the purpose of social supervision.

6. Digital copyright development

Through the block chain technology, we can authenticate the works, prove the existence of text, video, audio and other works, and ensure the authenticity and uniqueness of ownership. After the right of the work is confirmed on the block chain, the subsequent transactions will be recorded in real time, which can not only realize the life cycle management of digital copyright, but also provide technical guarantee for the judicial forensics of infringement.

7. Insurance

In terms of insurance, insurance institutions are responsible for the process of capital collection, investment and claims settlement, but the management and operating costs are often high, but blockchain technology may improve efficiency and reduce costs; especially in the settlement of claims, the realization of "intelligent contract" through blockchain does not require the application of the policy holder or the approval of the insurance company, as long as the behavior of the policy holder triggers the settlement of claims in accordance with the prescribed conditions, automatic compensation can be realized immediately.

8. Information and data sharing

At present, the national government at all levels of public information resources platform is vigorously integrated, the purpose is to effectively share information between various information systems, save storage space and improve the efficiency of use. In terms of implementation technology, if we can make use of the distributed characteristics of blockchain, we can not only break through the "data barrier" among regulatory departments, break down the "data isolated island", realize the sharing of information and data, but also improve the efficiency of public access to government open resources and reduce the waste of funds.

Thank you for reading! This is the end of this article on "what are the application scenarios of blockchain technology". I hope the above content can be of some help to you, so that you can learn more knowledge. If you think the article is good, you can share it for more people to see!

Welcome to subscribe "Shulou Technology Information " to get latest news, interesting things and hot topics in the IT industry, and controls the hottest and latest Internet news, technology news and IT industry trends.