Blockchain social service application

1. Use political life to explain how blockchain empowers social governance

①Blockchain technology can help the government integrate information efficiently, strengthen departmental coordination, and improve the effective performance of various functions. Improve administrative efficiency;
②Transform government functions, which is conducive to prudent use of power and improve the level of government scientific decision-making;
③Better serve the people and improve the executive power and authority of the government.

2. What are the application areas of blockchain

ASSET empowers global entity enterprises

Wall Street Fund Investment Bank has widely served the global entity industry and has been committed to For the incubation of small and medium-sized enterprises, there are very scientific solutions to promote the rapid development of enterprises. ASSET is issued by the Wall Street Fund Investment Bank and circulates in the global real industry as a digital token. ASSET is an open ecosystem with blockchain technology as the underlying layer. It is understood that ASSET has recently empowered the blockchain of global wine companies. The core concept is the integration of blockchain technology and the real economy. Through product traceability and evidence collection, it integrates the most comprehensive wine industry intelligence that can directly affect the profit and loss of the company. And market data, value distribution and transformation for alcohol manufacturers, suppliers, consumers, and potential consumers, subversively creating unprecedented impetus and unimaginable value returns for the industry.

3. What are the main application fields of blockchain technology?

Answer: The main application fields of blockchain technology include the financial field, the Internet of Things and logistics, public services, digital copyright field, insurance field and public welfare field.

First, the financial field

Blockchain has potential huge application value in financial fields such as international exchange, letter of credit, equity registration and stock exchange.

Second, the field of Internet of Things and logistics

Blockchain can also be naturally combined in the field of Internet of Things and logistics. Through blockchain, logistics costs can be reduced, the production and delivery process of items can be traced, and the efficiency of supply chain management can be improved.

III. Public service field

Blockchain is closely related to people’s production and life in public management, energy, transportation and other fields, but the centralized nature of these fields also brings Some problems can be transformed with blockchain.

Fourth, the field of digital copyright

Through blockchain technology, works can be authenticated to prove the existence of text, video, audio and other works, and to ensure the authenticity and uniqueness of ownership sex.

V. Insurance field

In terms of insurance claims, insurance institutions are responsible for fund collection, investment, and claims, often with high management and operating costs.

VI. Public welfare field

The data stored on the blockchain is highly reliable and cannot be tampered with, and is naturally suitable for use in social welfare scenarios. Relevant information in the public welfare process, such as donation projects, fundraising details, fund flow, recipient feedback, etc., can be stored on the blockchain, and conditionally transparent and publicized to facilitate social supervision.

4. The social or economic significance of the blockchain

First, the blockchain will play the role of “reducing costs for the real economy”. At present, the real economy has high costs and thin profits, resulting in insufficient capital support for the real economy. Among the operating costs, management costs and financial costs account for a large proportion. Blockchain technology can effectively help companies reduce the costs of these two parts.
Second, the blockchain will play the role of “improving the synergy efficiency of the industrial chain”. Enhancing industrial synergy is an important way to promote Chinese manufacturing to the mid-to-high end. However, in many industries, the efficiency of industrial chain synergy is still not high, especially in the field of international trade.
Third, the blockchain will play the role of “building an honest industrial environment”. At present, the construction of my country’s social credit system is accelerating, but in some cases, the process of building trust between partners is still slow, it is difficult to obtain various credit information, and it is difficult for small, medium and micro enterprises to obtain credit loans from financial institutions. Through “transaction on the chain”, all parties can more conveniently check the accurate historical credit situation of the counterparty, and can establish a cooperation mechanism more quickly; banks can also more safely grant credit to enterprises based on transaction records, and promote the resolution of credit management issues. Small and medium-sized enterprises have problems such as “financing difficulties, expensive financing, and slow financing”.
In addition, the blockchain can use smart contracts to avoid default and fraud to a large extent, and can also be combined with blockchain asset wallets for efficient and convenient payment scenarios. As early as in the blockchain circle, there have been many innovation forums and industry summits aimed at the direction of blockchain empowerment of the real economy, and optimized the implementation in combination with local economic industries. For example, the World Blockchain Conference-Macau Station intends to cooperate with local To do a deep integration of the economic industry, use and popularize blockchain assets with the payment method of the magic chain wallet.

5. What are the service applications using blockchain technology

Blockchain technology has an untamperable distributed ledger to ensure�� The transparency and sharing of information greatly reduces the cost of establishing trust and reaching consensus between peers in business activities. This article deeply interprets four typical business scenarios of supply chain finance, commodity traceability, technology medical care and industrial Internet.
1. Blockchain plus supply chain finance The supply chain of most commodities today, from the provision of raw materials to the manufacture of finished products, will involve several upstream and downstream small and medium-sized enterprises; and these enterprises are faced with unlocking the working capital of the supply chain. pressure. Supply chain finance means that banks and other financial institutions conduct systematic financing arrangements for all member companies in the supply chain, thereby forming a win-win situation for core buyer companies and suppliers: the buyer optimizes working capital, and the supplier generates additional operating cash flow, thereby Minimize risk throughout the supply chain. There are three pain points in traditional supply chain finance: 1. Information cannot be shared, efficiency is low, and credibility is poor; 2. Bill circulation is inconvenient, contract settlement is slow, and there are often capital risks; 3. Credit cannot be passed, and financing is difficult. The blockchain can realize the following functions: 1. Share transaction data, receivable and payable data and protect business privacy among core enterprises, multi-level suppliers and financial institutions; 3. Core enterprise payment commitments are circulated among multi-level suppliers and financial institutions to transfer core enterprise credit.
2. Blockchain traceability In the field of commodity traceability, the combination of blockchain and Internet of Things technology can trace the entire process of commodity circulation, so as to prevent unscrupulous traders from taking advantage of the information asymmetry in the commodity chain to manufacture fake and shoddy commodities. shoddy. Prevent some participants from tampering with data or falsely claiming that the information is lost when the situation is unfavorable to them, making it difficult to produce evidence and pursue accountability. In addition, blockchain traceability can open up information islands in different links of the supply chain and improve the collaboration efficiency of the supply chain.
3. Block chain helps medical services Block chain technology opens up multiple links such as hospital prescription, pharmacist review, drug distribution, drug payment, and process supervision. Through the distributed storage of the blockchain and the accurate matching of the information on the chain with the patient, the one-time dispensing effect of the prescription is ensured, the modification or abuse of the prescription is prevented, and the supervision is convenient. In the future, patient information, prescription information, drug circulation information, etc. will be encrypted and desensitized through blockchain technology, which can open up more medical application scenarios.
4. Integration of blockchain and IoT Industrial Internet At the 5th World Internet Conference, supET industrial Internet platform integrating IoT and blockchain technology was selected as the world’s leading scientific and technological achievement of Internet, becoming the only one Award-winning Industrial Internet Platform.

In addition, blockchain data sharing, blockchain judicial chain, blockchain public welfare donations, trusted digital content copyright services, etc. In industries such as government, finance, industry and logistics, healthcare, retail and the Internet, blocks have a wide range of business application scenarios.

6. What are the application fields of blockchain technology

financial field

Blockchain is used in international exchange, letter of credit, equity registration and stock exchange, etc. The financial field has potential huge application value. The application of blockchain technology in the financial industry can eliminate the need for third-party intermediaries and achieve point-to-point direct connection, so that transaction payments can be completed quickly while greatly reducing costs.

The field of IoT and logistics

Blockchain can also be naturally combined in the field of IoT and logistics. Through blockchain, logistics costs can be reduced, the production and delivery process of items can be traced, and the efficiency of supply chain management can be improved. This field is considered to be a promising application direction of blockchain.

Public services

Blockchain is closely related to people’s production and life in public management, energy, transportation and other fields, but these The centralized nature of the field also brings some problems, which can be transformed with blockchain. The decentralized and fully distributed DNS service provided by the blockchain can realize the query and resolution of domain names through the point-to-point data transmission service between each node in the network, which can be used to ensure that the operating system and firmware of an important infrastructure are not If tampered, you can monitor the status and integrity of the software, detect bad tampering, and ensure that the data transmitted by the system using IoT technology has not been tampered with.

The field of digital copyright

Through blockchain technology, works can be authenticated to prove the existence of text, video, audio and other works, and to ensure the authenticity and uniqueness of ownership. After the work is confirmed on the blockchain, subsequent transactions will be recorded in real time, realizing the full life cycle management of digital copyright, and can also be used as a technical guarantee in judicial evidence collection.

Insurance field

In terms of insurance claims, insurance institutions are responsible for fund collection, investment, and claims, often managing and operating costs.This is higher. Through the application of smart contracts, neither the policyholder’s application nor the approval of the insurance company is required, as long as the claim conditions are triggered, the policy will automatically settle the claims.

Public welfare field

The data stored on the blockchain is highly reliable and cannot be tampered with, and is naturally suitable for use in social welfare scenarios. Relevant information in the public welfare process, such as donation projects, fundraising details, fund flow, recipient feedback, etc., can be stored on the blockchain, and conditionally transparent and publicized to facilitate social supervision.

7. What is the application of blockchain in what areas

I have seen your question, so, in what areas can the blockchain be applied? Below is the answer for you.

Answer: Bitcoin is the first specific application of blockchain. It was proposed in a 2008 paper by a person or group of people. Bitcoin uses the blockchain to send bitcoins digitally, and BitCoin is called Bitcoin without the intervention of a third-party middleman.

But Bitcoin is not the only application of blockchain, as follows:

1. Financial field: The application of blockchain technology in the financial industry can save third-party intermediaries It realizes the point-to-point direct connection, so that the transaction payment can be completed quickly while greatly reducing the cost.

2. IoT and logistics: Blockchain can also be naturally combined in the IoT and logistics. Through blockchain, logistics costs can be reduced, the production and delivery process of items can be traced, and the efficiency of supply chain management can be improved.

3. Public service field: Blockchain is closely related to people’s production and life in the fields of public management, energy, transportation, etc., but the centralized nature of these fields also brings some problems. Blockchain to transform.

4. The field of digital copyright: through blockchain technology, works can be authenticated to prove the existence of text, video, audio and other works, and to ensure the authenticity and uniqueness of ownership

5. Insurance field: In terms of insurance claims, insurance institutions are responsible for fund collection, investment, and claims, often with high management and operating costs. Through the application of smart contracts, neither the policyholder’s application nor the approval of the insurance company is required, as long as the claim conditions are triggered, the policy will automatically settle the claims.

6. Public welfare field: The data stored on the blockchain is highly reliable and cannot be tampered with, and is naturally suitable for use in social welfare scenarios. Relevant information in the public welfare process, such as donation projects, fundraising details, fund flow, recipient feedback, etc., can be stored on the blockchain, and conditionally transparent and publicized to facilitate social supervision.

The above is for your reference only, I hope you can adopt it, thank you!

8. What is the impact and significance of blockchain technology on society

On the morning of November 8, 2019, the 2019 Trusted Blockchain Summit opened in Beijing. Wang Xinzhe, Chief Economist of the Ministry of Industry and Information Technology, and Shang Bing, Chairman of the Internet Society of China, attended the opening ceremony of the summit and delivered speeches.

Wang Xinzhe pointed out that a new round of scientific and technological revolution and industrial transformation, characterized by the accelerated innovation and integration and penetration of information technology, is booming. The modernization level of governance capacity is of great significance.

(8) Extended reading on the application of blockchain social services:

Wang Xinzhe emphasized that the Ministry of Industry and Information Technology attaches great importance to the development of the blockchain technology industry , by creating a good development environment, guiding local governments to speed up the pace of exploration, supporting breakthroughs in key core technologies, promoting the implementation of industry applications, and building a perfect standard system to support the development of the blockchain technology industry and consolidate the development foundation of China’s blockchain field. .

The Ministry of Industry and Information Technology will accelerate the innovation and development of the blockchain technology industry, vigorously promote the deep integration of blockchain and the economy and society, and give full play to the role of blockchain technology in driving technological breakthroughs, driving economic development, and promoting The strategic role of improving people’s livelihood and promoting social progress has made positive contributions to the realization of the “two centenary goals” and the Chinese dream of the great rejuvenation of the Chinese nation.

9. How blockchain technology is applied in daily life

Let’s take personal information security as an example, because the leakage of personal information will cause huge harm to the information person , making it conservatively harassing this bitter. What is even more frightening is the leakage of personal information, which is usually accompanied by the theft and illegal sale of tens of thousands of personal information, and even the use of regular data trading agencies to steal data. With the rise of Jinwowo blockchain technology, the encryption of blockchain technology can provide solutions for the protection of personal information. Blockchain technology can store personal information in a distributed manner, avoiding the security risks faced by a single server.

10. What are the applications of blockchain in the industry

——The following data and analysis are from forward-looking industry research.� “In-depth Analysis Report on Business Model Innovation and Investment Opportunities in China’s Blockchain Industry”.

At present, the application of blockchain has extended from a single digital currency application to various fields of the economy and society, such as the financial industry, copyright protection, traceability and anti-counterfeiting, energy industry, sharing economy, Internet of Things, etc. in the field.

Financial field: the most promising application prospect. Although in the long run, blockchain has application potential in many aspects. But in general, blockchain has the best application prospects in the financial field at present, and related technologies are also developing the fastest. Blockchain can systematically solve the pain points and stubborn ailments of the whole business chain for financial institutions. Its “systematism” is mainly reflected in three aspects: Blockchain technology can be applied in different banking businesses, from payment and settlement, to bill circulation and From supply chain finance to more complex securities issuance and trading and other core business areas, financial institutions and technology companies have been actively exploring and trying. The benefits brought by blockchain technology will benefit all transaction participants, including banks, bank customers, and bank partners (such as platform companies, etc.). At present, most of the pain points such as efficiency bottlenecks, transaction time lags, fraud and operational risks existing in various process links of financial services are expected to be solved after the application of blockchain technology. For example, the manual operation, manual verification and approval work that exists in the existing process will be automated, paper contracts will be replaced by smart contracts, and there will no longer be losses due to system errors in transaction processing.

Copyright field: Blockchain technology solves the problem of copyright maintenance. With the development of the Internet, digital publishing has formed a relatively complete industrial chain, bringing considerable income to relevant participants such as online writers. But on the other hand, infringement and piracy restrict the further development of digital publishing, and all parties are deeply affected by it. Although the state has introduced various policies to solve the problem of copyright protection, it is difficult to fundamentally solve it due to technical means.

The mathematical principle of blockchain technology solves the problem of ownership confirmation in the transaction process, and the recording, transmission and storage results of value exchange activities are credible, which can completely solve the problem of copyright protection. Once the information recorded in the blockchain is generated, it will be permanently recorded and cannot be tampered with. Unless it has more than 51% of the total computing power of the entire network, it is possible to modify the newly generated block record.

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