Internet finance is a new field composed of the traditional financial industry and the Internet. Unlike traditional finance, it uses the Internet as a medium to make traditional financial services more transparent, more engaged, more collaborative, and easier to operate. , the cost is For example, P2P, crowdfunding and other financial innovations have indeed contributed to the development of the economy, but also brought troubles. This year the country is rectifying the Internet financial order. Many ordinary investors have encountered different degrees without knowing the truth. Property loss. The main reason is the non-disclosure of information, opacity, asymmetry and so on. Block of technology is a distributed accounting method. Because of its technical characteristics, every account from the beginning is clearly recorded in the block and stored in the Chain., the entire book is traceable, and there is no falsehood.
Blockchain + digital currency
The bitcoin we are most familiar with is based on the blockchain technology, but bitcoin is currently recognized only in a small area. Most countries, including China, only recognize bitcoin as a commodity, not a currency. The People's Bank of China has The subject to the digital currency, the underlying technology security, the legal currency authorization, and the algorithm unbreakable. the issuance of the national digital currency is currently not possible.
Blockchain technology can significantly improve the efficiency of registration, issuance, trading, transfer, settlement and clearing, etc. because of its decentralization, openness, sharing, anonymity, and inability to modify. It can be said that the blockchain technology will reach the extreme In the exchange. For example, the familiar DEW is a decentralized digital currency exchange, and Nasdaq has already used blockchain technology. The platform makes it possible for customers to quickly and easily receive funds after buying and selling stocks, which improves the efficiency of customer Cash flow and is very popular.
Payments and transfers are often encountered in our real life. Although Wechat and Alipay are currently in place, it is easier to make payments between individuals and individuals beyond the bank, but it has never solved a problem. Transfer account. I believe everyone knows Ripple Coin. Ripple Coin is now a relatively mature blockchain payment service system. Based on blockchain technology, it can realize decentralized payment and clearing functions. In its system, all currencies (including national currency, virtual currency) can be exchanged freely, and the speed Is faster and more efficient. The transaction confirmation is completed within a few minutes, and no commission is required. . I think everyone like this payment and clearing system would be welcome.
