–First in Finance.
Core values of blockchain application in finance: facilitating anti-money laundering and customer identity review. In the exploration of the innovation and use of blockchain, finance is the most important area. Blockchain technology broadly applies in digital money, financial transactions, and Internet of things finance. Take Taobao shopping as an example, the payment process needs to complete the trusted guarantee transaction through Alipay, but Alipay and Taobao belong to the same company, so the basis of the credit is controlled by Alibaba. If you replace the Alipay security channel with a “trusted system”, it will make transactions intuitive and secure. There is no need for third-party guarantees. The advent of blockchain just happens to make this idea a reality. Bitcoin is now the most extensive and successful application of blockchain technology. It has been widely trusted by banking, securities, insurance and other financial professions due to its untamable time-stamp and full-net revealing characteristics.
–Second in Game.
The core value of the blockchain application in game field: returning game rights to gamers. The decentralization of blockchain technology, smart contracts, asset trading and other technical features can solve the problem of leakage of professional game data and user data privacy, promote the preservation of virtual digital money in the game, and realize the fair value shared by users and game development channels. In foreign countries, the blockchain technology has been widely used in the game of digital money giving. For example, the game Fragoria of 8 million players has launched the blockchain payment gateway, providing the first cryptocurrency payment plan for the game profession.
–Third in social contact.
The core value of the blockchain applications in social contact : allowing users to control their own data and prevent privacy leaks. Think about why we’ve just visited a shopping site and always get similar pop-ups on other social platforms. It is because big data platforms that have a monopoly on data privacy have been shamefully selling our private data. The purpose of blockchain technology in the social field is to change the control of the social network from centralized companies to individuals. So individuals can control their own privacy. Synereo, an Israeli social networking APP, fully ensures user privacy and security with the help of an anonymized blockchain network and its embedded token mechanism.
–Forth in copyright.
The core value of the blockchain application in copyright: reshaping the protection of intellectual property. The technology of blockchain records all transactions in the blockchain. And once the records are formed, it cannot be tampered. So all transactions can be tracked and inquired, which ensures the transaction transparency on the blockchain and prevents users in the network from illegally using the content protected by intellectual property rights. It’s a faster, safer and cheaper way of protecting copyright for originators. At present, blockchain technology is mostly applied to the copyright protection of digital music. Online music platform PledgeMusic has published a comprehensive blueprint of global distributed ledger and fair trade music database, which can fully solve the problem of ownership, payment and transparency.
–Fifth in cloud computing:
The core value of blockchain application in cloud computing: to push forward the process of building public trust infrastructure.
–Sixth in sharing economy
The core value of blockchain application in sharing economy: building user’s trust for the platform.
–Seventh in health care
The core value of the blockchain application in medical field: realizing data sharing, enabling more accurate diagnosis and more effective treatment. Medical institutions have had to endure the inability to share data securely across all channels. Better data collaboration among data providers means more accurate diagnosis, more useful treatments, and the ability to improve the system’s ability to provide affordable care.
Blockchain enables hospitals, patients and all parties on the medical interest chain to share data in the blockchain network without worrying about the security and integrity of the data.
–Eighth in philanthropy
The core value of blockchain application in philanthropy: making all data open and transparent. Blockchain allows people to track exactly where their donations go, and when it is paid, and paid to whom. As a result, blockchain can solve the long-standing problems of poor transparency and unclear accountability in the charitable donation process.