Zhang Xuelian, Shanxi Academy of Social Sciences: Blockchain can avoid possible risks such as current mobile payment methods

Zhang Xuelian, an associate researcher of the Shanxi Academy of Social Sciences, said that blockchain uses mathematical methods such as mathematics, cryptography, and the Internet to get rid of the risks of centralized block information storage in the past. The storage architecture has many distributed nodes, high security, and data tampering. It is difficult, and fully takes advantage of its anonymity, autonomy, openness and decentralization. From the perspective of daily life, blockchain can avoid possible risks such as current mobile payment methods, and can also personally open and securely chain information, reducing the large social costs consumed by establishing trust mechanisms. In the future, with the further development of blockchain technology, it will become more and more widely used in real life.