What is blockchain finance? What does blockchain finance mean?

Blockchain finance is actually the application of blockchain technology in the financial field.

Blockchain is the underlying technology based on Bitcoin, and its essence is actually a decentralized trust mechanism. By sharing in distributed nodes, we can jointly maintain a sustainable database and realize the security and accuracy of information. The application of this technology can solve the trust and security problems in transactions, and blockchain technology has become an optional direction for future financial industry upgrading. Through the blockchain, both parties to the transaction can conduct economic activities without the help of a third-party credit intermediary, thus reducing the cost of asset transfer around the world.

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Since 20 16, major financial giants have also started blockchain innovation projects to explore the possibility of applying blockchain technology to various financial scenarios. In particular, Puyin Group initiated the "blockchain+"standard system in digital currency. Standard-based digital currency refers to the standard-based digital currency in which assets are appraised, evaluated, confirmed and insured by a third-party organization, and written into the blockchain through a sophisticated digital algorithm to form a standard correspondence between assets and digital currency.

In order to realize the leap-forward development of blockchain finance, promote the new economic development of China, accelerate the global asset circulation, and realize the revival dream that several generations have been striving for, Puyin Group will hold the launching ceremony of Puyin blockchain finance Guiyang strategy in Guizhou on February 9, 20 16, when the digital circulation of assets, blockchain financial transaction mode, blockchain service and the application of social public industries will be realized.

Baidu encyclopedia-blockchain finance