What is the prospect of blockchain?

The application of blockchain has been extended to medical and health care, education, charity, social management, finance and other fields. The biggest advantage of blockchain is that it has truly completed the credit construction of anonymous society and brought new opportunities to many fields, thus making various innovative applications possible. . The current blockchain, equivalent to the Internet 20 years ago, is in its infancy and will definitely become the main part of the social economy in the future, benefiting the people and the society. Please wait and see!

Blockchain is an intelligent peer-to-peer network, which uses distributed databases to identify, disseminate and record information, also known as the value Internet. The concept of blockchain was first put forward by Satoshi Nakamoto in his paper Bitcoin: A Peer-to-Peer Electronic Cash System published in Bitcoin Forum at the end of 2008.

It is a chain data structure that combines data blocks in chronological order, and it is cryptographically guaranteed to be an unbreakable and unforgeable distributed ledger.

Broadly speaking, blockchain technology is a brand-new distributed infrastructure and computing method. It uses blockchain data structure to verify and store data, uses distributed node identification algorithm to generate and update data, uses cryptography to ensure the security of data transmission and access, and uses intelligent contracts composed of automated script codes to program and manipulate data.

Blockchain investment

Blockchain investment is indeed one of the hottest investment methods in today's society. Although the blockchain seems to have just started, as such a novel existence, it is indeed very distinctive. Many people don't know what blockchain is, only know that blockchain mining can make money, so they follow it in a muddle. But to make a truly safe investment, I suggest you get to know it first, make full preparations before you start, and don't fight unprepared.

Blockchain technology does have huge room for growth in the future. Many people think that many existing industries will be subverted in the future. This is very important. This is the source of all your confidence. If you don't recognize the value of blockchain in your heart, then you are likely to be influenced by some negative comments and even doubt the whole industry, thus affecting your entire decision-making and judgment.

If you just want to play or try the water, the chance of success is very small.

Be prepared if you are sure and spend all your precious energy on research. Do your homework when investing! Don't invest money if you don't know what this project is for.

Finally, blockchain is a new industry after all. At present, the situation is mixed. Of course, there are inevitably liars. Therefore, when we invest, we must be careful not to be told by others and keep our eyes open.

In addition, I still want to say that investment is risky and must be cautious!