Blockchain Database Open Source

Blockchain technology requires the support and participation of traditional technology companies, both in terms of capital and final technology promotion and implementation, due to the deep-rooted thinking and business model of traditional technology enterprises.

Five years after the birth of Bitcoin, its underlying blockchain technology began to become a new hot spot for investment in high-tech companies, multinational financial institutions and venture capital funds, from the experiments of niche liberal cryptographers and computer hackers.

Blockchain is currently a relatively popular new concept, containing two concepts of technology and finance. From a technical point of view, this is a distributed database that sacrifices consistency efficiency and guarantees eventual consistency. Of course, this is one-sided. From an economic point of view, this kind of fault-tolerant peer-to-peer network just meets a necessary requirement of the sharing economy - a low-cost trusted environment.

In the case of Bitcoin transactions, blockchain trading is not a transaction in the usual sense of hand-delivering, but a transfer. If each transfer needs to construct a transaction data, it would be awkward.

At the recent Davos meeting in the winter, the China Blockchain Application Research Center released a report showing that China's blockchain patent and blockchain financing growth rate far exceeds that of the United States and leads the world.

Blockchains have recently become more and more popular, with companies, stocks and products related to the concept of countless blockchains. There is even a blockchain phone.

The blockchain originated from Sakamoto's bitcoin. As the underlying technology of Bitcoin, it is essentially a decentralized database. Some people think that blockchain is the most disruptive technological innovation since the invention of the Internet.

The research experience in the field of technological innovation tells us that only by eliminating obstacles in technology, government control, organization and society can the blockchain revolution really happen. If you don't know how the blockchain will occupy the highlands, it is a mistake to start blockchain innovation.

The recent S2b model is considered to be the most advanced business model in five years. In the context of the rapid development of new retail, the application of blockchain will be an important breakthrough point for the S2b model.

Blockchain is a new technology that is gradually emerging with the increasing popularity of digital cryptocurrencies such as Bitcoin.