Traditional Culture Encyclopedia - Traditional festivals - What industries are blockchain technology mainly used in?
What industries are blockchain technology mainly used in?
Blockchain technology is the underlying technology of Bitcoin. In the early days, not many people noticed the underlying technology of Bitcoin. However, when Bitcoin was operated and managed without any centralized organization, it has been running very stably for many years without any problems. So many people have noticed that the underlying technology may have a great mechanism, which can be used not only in bitcoin, but also in many fields. Therefore, bitcoin technology is abstracted and called blockchain technology or distributed ledger technology. So from a certain point of view, Bitcoin can be regarded as the first application of blockchain, which is more similar to the underlying technologies such as TCP/IP, and will be extended to more and more industries in the future.
The main advantages of blockchain are no intermediary participation, efficient and transparent process, low cost and high data security. Therefore, if there is any demand in these three areas, industries have the opportunity to use blockchain technology. take for example
1. Banking 2. Payment and transfer. Network security. Education record 5. Vote 6. Car rental and sales. Network and internet of things. Prediction 9. Online music 10. Carpooling 1 1. Stock trading 12. Property 13. Medical treatment 15. Supply chain management 16. Cloud storage 17. Energy management 18. Sports management 19. Gift card and customer loyalty programs. Government and public welfare.
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