Blockchain exchange
Blockchain technology application research and development, exchange wallet system app development blockchain technology is actually a new type of Internet. Why is it a subversion of the Internet? Because the Internet solves the problem of information transmission, while the blockchain solves the problem of value transmission. There are many value transfers in the development of China-Sweden blockchain system, such as distributed account books, decentralized trusts, and smart contracts. So what kind of society will be established in the future?
The answer is: a distributed business and self-disciplined society. The first feature of blockchain is decentralization; Without the intervention of the third party, people-to-people and peer-to-peer transactions and interactions can be realized.
Second, information cannot be tampered with; Once data information is written into a data block, it cannot be changed or revoked.
Third, openness and transparency; In a very short time, the block information is copied to all blocks in the network to realize data synchronization of the whole network, and each node can trace back to all transaction information of both parties in the past.
Fourth, collective maintenance; In the whole blockchain network, all * * * roles maintain the reliability and security of the whole blockchain information.
Fifth, a reliable database; Only by mastering the 5 1% nodes of the whole system can the blockchain information be tampered with, which is obviously impossible, because there are so many participants in the whole system that it is extremely expensive and impossible to master so many nodes.
The characteristics of blockchain have brought great opportunities to the financial industry. With the help of it, the application scenarios in the industry can be changed, which can bring three main benefits:
1) Reduce costs: Communication costs: Generally, the centralized trading market needs the participation and coordination of the central settlement system, securities companies, exchanges and banks, and the coordination cost is very high. Through the signature encryption technology of blockchain, information can be shared and the cost of cooperation can be reduced; Operating costs: reducing manual and paper vouchers, improving automation through smart contracts, and centralized coordination also bring very high operating costs.
2) Improve efficiency: the settlement cycle is very fast. When the financial transaction realized through blockchain technology is confirmed, it is actually a process of combining liquidation, settlement and audit. The openness, transparency and non-tampering of blockchain can keep traces of operation, regulatory records and audit traces, which is convenient for supervision and audit.
3) Risk reduction: The transactions in the chain are cleared and calculated at the same time of confirmation, which greatly reduces the transaction risk. Blockchain technology application research and development, exchange wallet system app development.