The application scope of blockchain technology continues to expand, from the field of digital currency, to the trading of financial derivatives, risk management, to supply chain finance and other fields, all have a wide range of application prospects.
Blockchain
Blockchain can provide a better solution. Not only can blockchain record past and present transactions that occur, it can also be used to register and transfer copyright registrations, whether digital or physical works, if desired.
Globally, environmental pollution and climate change have become very serious problems, and solving them requires joint efforts in various fields. In recent years, with the development of blockchain technology, it has started to be widely used in the field of environmental protection.
A recent study proposes a new blockchain consensus proof-of-work (PoW) scheme that relies on quantum computing techniques to verify consensus.
Founded in 2016 and headquartered in Australia, energy trading technology company Powerledger aims to improve the efficiency of the energy market and enable peer-to-peer energy trading using blockchain's technology to track, trace and trade energy, with the technology now available in 12 countries.
A very obvious phenomenon is happening - the meta universe is being praised by more and more people, whether it is a technology giant or a capital giant. At the same time, the blockchain is returning to rationality and objectivity bit by bit. This is a good phenomenon for blockchain.
Standard explanation: "Blockchain is a new application mode of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies."
Simple understanding: "Blockchain is essentially a decentralized distributed database."
The first application of blockchain is Bitcoin. Blockchain has become the promoter of "decentralized currency Internet" by providing power for cryptocurrency. By providing transparency, accountability, immutability and security, the blockchain soon triggered an influx of more cryptocurrencies. Today, we have more than 10000 different cryptocurrencies in circulation.
In the cryptocurrency world, consensus mechanisms are protocols and algorithms that enable computer networks to work together to ensure network security. 51% of the nodes in the network must agree on the global status of the network in order to reach a consensus.
In a new study, scientists proposed a conceptual design of "quantum blockchain", which may protect the blockchain system from quantum computer hackers. The new coding program can be interpreted as non classically influencing the past; Therefore, this decentralized quantum blockchain can be regarded as a quantum networked time machine.
