Why is blockchain technology transmitting credit value?

Blockchain has the advantages of decentralization, non-tampering, credibility, traceability and network-wide billing.

The most important thing in blockchain is to solve the problem of intermediary credit. In the past, it was difficult for two people who didn't know each other and didn't trust each other to cooperate and had to rely on a third party. For example, payment behavior, any kind of transfer in the past, there must be banks or Alipay and other institutions. However, through blockchain technology, Bitcoin is the first time that human beings have completed the transfer behavior that both parties can trust without any intermediary. Blockchain-based guarantees, loans, credit, risk control, rights, benefits and ratings are all possible. The value of blockchain makes various economic activities run more efficiently. Both ordinary people in society and various economic people will be mapped into a "blockchain ID", forming a new moral system, evaluation criteria and credit records.