The reason why blockchain has such a good development status is not only that the development of its technology itself has been accepted by more and more people, but also has an inseparable relationship with the active support of various countries. In 2008, bitcoin was born and blockchain technology came into being. In 2015, financial systems and business models related to blockchain technology began to emerge on a large scale.
A number of companies and governments are looking to collaborate to try to incorporate blockchain technology into land ownership information that, if successful, can’t be tampered with and can be traced. It would be a great step forward in human development. There are many researches on blockchain in financial institutions, banks and other industries, which have high requirements for information security, and blockchain technology can well meet this requirement.
In the whole blockchain system, every data information is fully or partially public, and there is no risk of data loss. The technical solution of blockchain adopts the way of HTTP+SSL, which can ensure that information will not be maliciously tampered in the process of transmission. The application of blockchain technology in the financial industry is becoming more and more common. Compared with the traditional transaction mode, blockchain technology uses point-to-point transaction mode, which can transfer assets more effectively. In addition, the fairly transparent investment mode, a more perfect credit system has been established between the two parties of the transaction.
With the emergence of various digital coins and virtual coins, the development of blockchain technology will be applied to more industries. With the growing popularity of digital currency, a large part of coin speculators have flocked into the craze of coin speculation. The imperfection of blockchain technology is unclear. While blockchain technology serves digital currency, it also provides services for blockchain finance. It can be said that there is certain nepotism between digital currency and blockchain finance, but the management of digital currency and blockchain finance is not clear.
With the development of the Internet information technology, great changes have taken place in people’s life, information artificially copy into countless times spread on the Internet, information security is not guaranteed, the emergence of block chain technology is to solve this problem, maybe it is not very perfect, but the potential of it are being developed, It will usher in a new era of Internet systems.
At present, blockchain technology plays a very core role in global financial services, such as alipay, wechat Payment, supermarket and other detailed life services are inseparable from the support of blockchain technology, thus we can see the importance of blockchain technology in our life. So why does blockchain technology face a big challenge in the future?
The application scope of blockchain technology includes: economy, finance, currency, and all aspects of social life. Although it seems simple, in fact, this category is not perfect, and the norms for each one are very vague.