In the domestic blockchain future broad bitcoin will not perish __ Blockchain

Blockchain, simply put, is like a database ledger, which records all the general ledger of historical transactions and is the underlying technology of Bitcoin. However, because of the deviation of the domestic cognition, the blockchain has not been universally accepted in China, so its application is seldom used. But in Beijing Cornerstone trillion Industry Holdings Co., Ltd. CEO Wang Dong, the entire blockchain industry users gathered a small amount of domestic about hundreds of thousands of users, so the industry has a bright future.


At the same time, Wang Dong believes that as the main content of the blockchain Bitcoin, if its future development can not be regulated, its development in the domestic hindered greater, but will not die, practitioners also need to co-discipline, expand more business models, to promote the development of Bitcoin in the country.


Blockchain: to mediate to build trust or to be more market


Blockchain technology has received extensive attention from the banking and finance industry because of its security and convenient characteristics.


According to Wang Dong, at present, the entire financial institutions, domestic and foreign banks are studying the blockchain technology at the bottom of the entire accounting core can bring changes, after seeing the value of blockchain technology itself, think this technology is an alternative technology upgrade, emphasizing trust transmission. and trust transmission to the banks, securities and other industries have a natural advantage, to the intermediary way to build trust or will be more market.


However, due to the misunderstanding of practitioners, the application of blockchain has not been effective. In this, Wang Dong suggested that as the industry pioneer, should give the industry new users some small certainty, that is, through a small investment experience the charm of Bitcoin, which is more conducive to the promotion of blockchain technology concept.


On the development prospect of blockchain technology, Wang Dong believes that the whole blockchain industry users gather a small amount, domestic users of up to hundreds of thousands of, the industry has a bright future. and blockchain technology in addition to the emphasis on trust transmission, but also the consensus mechanism, that is, the more groups to achieve consensus, the greater the value of the network.


At the same time, Wang Dong also believes that ordinary consumers need to pay attention to the blockchain landing matters. As large as securities trading, property rights and property transfer, small to commercial points, can be through the blockchain technology to make more open and transparent ecological model and business model, to help consumers understand the relevant information.


In addition, the cornerstone trillion industry as a focus on the blockchain industry investment enterprises, Wang Dong believes that the application of the block chain landing and landed a good business is worth looking after.


Bitcoin: The Chinese market is less likely to develop but will not die


Bitcoin, a global cryptocurrency that is completely self-governing by users, is the main element of the blockchain, and Wang said that "Bitcoin's global market capitalisation should be more than 60 billion yuan, and the scale continues to expand." ”


However, the popularity of bitcoin has not been universally recognised in the country. Wang said that this is because "Bitcoin early development problems, resulting in the Bitcoin community and some of the typical applications are also free on the gray edge, from this point of view, if not compliance, the Government regulation refers to the main demand and control of commercial promotion, the future development in China is unlikely."


But in this case, will bitcoin withdraw from the Chinese market? Wang Dong believes that bitcoin as a guide in the blockchain industry, the Chinese market will not die. But the development of Bitcoin also requires industry participants to work together to develop more business models.