Block chain technology uses block chain to maintain a complete, distributed, unchangeable continuous ledger database. Participants through a unified, reliable ledger system and timestamp mechanism.
The project will develop a block chain infrastructure in a pilot system for the transfer of funds between issues and participants. Such a system would also be more flexible in decentralizing strikes and distributing software records and verifying payments. Participants can rely on a constant record of the core block chain of transactions to reduce long-term costs of records. The central bank said that block chain technology has the potential to make financial transactions and processes more transparent and flexible, at a lower cost. The technical significance of "block chain technology security" points out that the security coordination of block chain is very necessary. The biggest value of the block chain is a decentralized database. The security chain of this system is very long. Although decentralized, security is also protected. Today, the security of software financial security payments is increasing, but the security of hardware devices is still insufficient. In the future artificial intelligence Internet of Things system, physical security protection and encryption are very important. Therefore, in the next three years, the improvement of security technologies such as smart chips is very important for the development of block chain.