Shulou(Shulou.com)06/01 Report--

This article mainly introduces "what are the methods of using Bitcoin technology". In daily operation, I believe that many people have doubts about the use of Bitcoin technology. The editor consulted all kinds of materials and sorted out simple and easy-to-use operation methods. I hope it will be helpful to answer the doubts about "what is the use of Bitcoin technology?" Next, please follow the editor to study!

Bitcoin is the first concrete application of blockchain. It was proposed in a paper presented by a person or group of people in 2008. Bitcoin uses blockchain to send numbers compared to bitcoin, while the name of BitCoin is Bitcoin without the intervention of a third-party middleman.

But Bitcoin is not the only application of blockchain. Distributed books make it easier to create cost-efficient business networks in which almost any value can be tracked and traded without the need for a central control point. For example, blockchains can be used to track the movement of assets and goods down the supply chain. Other industries such as stock exchanges can also use the blockchain mechanism to transfer ownership to a secure and peer-to-peer mechanism.

Zero knowledge proof realizes sharing while ensuring privacy

Zero knowledge proof means that the prover can meet the requirements of verification without providing any useful information to the verifier, that is, he is the legitimate owner of certain rights and interests, and the "knowledge" to the outside world is "zero". With the application of zero knowledge proof technology, data association verification can be realized in the case of ciphertext, and data sharing can be realized while ensuring data privacy.

Second, block chain + security computing to build a "data security wall"

Both secure computing and block chain belong to the field of distributed computing. Secure computing enables the operation of raw and encrypted data to achieve the same results; in other words, the processing and use of data no longer need clear code. From the point of view of access control, the block chain can track and trace the source data and manage the whole life cycle from the point of view of access control. The combination of the two can comprehensively solve the contradiction between data security and privacy protection and data circulation and sharing.

To sum up, in the digital age, there are ways to protect personal privacy. You can imagine that in the future, users can completely control their own destiny, data encryption and storage, any third party needs to use data can be authorized by the user to access.

Characteristics of block chain

The blockchain is characterized by decentralization + untamperable + traceability.

Whenever we talk about the blockchain, we always talk about his decentralized characteristics. I personally understand that this is only decentralized in a narrow sense, but not in a broad sense. Why would you say that? Let's first talk about the private chain, alliance chain and public chain of block chain. as we all know, the value of public chain is the highest, followed by alliance chain, and finally private chain. I think this value is measured by the degree of decentralization.

Beyond Bitcoin, blockchain will embrace a broader world of finance and society in the future.

At present, blockchain is mainly used in currency (blockchain 1.0), and will be used in the financial field beyond currency (blockchain 2.0) and even in the field of social notarization and intelligence in financial field (blockchain 3.0). Overseas traditional industry giants have been laying out blockchain since 2014: major banks around the world have established blockchain alliances, Deloitte and other well-known accounting firms have developed blockchain audit technology, NASDAQ first launched blockchain securities trading, IBM and Samsung layout blockchain Internet of things. Foreign exchange tracking www.gendan5.com block chain is active in finance, health care, music and other fields.

With the outbreak of domestic attention, financial informatization and the Internet of things are the first to benefit. Domestic attention to the blockchain began to break out in mid-2015, entrepreneurship and investment have begun to show signs, and related venture capital activities are expected to further emerge in 2016. At present, A shares do not have a pure block chain mark. From the perspective of technical relevance, we expect financial information technology and Internet of things manufacturers to take the lead in entering this field. Our initial communication found that investors are relatively new to this field, and even confuse blockchain with Bitcoin, and there is a significant expectation gap in denying the application of blockchain technology because of Bitcoin's policy obstacles. If the market risk preference increases, blockchain technology is expected to become a new TMT tuyere, and the theme investment value is prominent.

At this point, the study of "what is the use of Bitcoin technology" is over. I hope to be able to solve your doubts. The collocation of theory and practice can better help you learn, go and try it! If you want to continue to learn more related knowledge, please continue to follow the website, the editor will continue to work hard to bring you more practical articles!

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