CCTV video: What can the “blockchain” of the competition layout do?

This article Source: CCTV · Video

At the Libra hearing, Zuckerberg once said, "If we don't make innovation again, we will eventually lose our leadership." Today, global giants are vying to lay out blockchains and accelerate the process of application era. So what is the blockchain? What kind of convenience does it bring to our social activities?

The video states:

1. Global giants are vying to lay out blockchains to accelerate the arrival of the application era, and digital currency is a tool for value transmission in which blockchains function. At present, the main way for investors to participate in the blockchain is digital currency trading;

2. In the future, digital currency will use a new payment tool, and no need to rely on third-party bank accounts. As long as there is money in the payment tool, it can be directly transferred and used, and it cannot be tampered with;

3. Bitcoin is a way of presenting a blockchain and is also an application;

4. The blockchain also has characteristics such as storage, traceability of commodity sources, and traceability of copyright.

5. Once the blockchain technology is mature and put into use, it cannot be compromised, destroyed or changed by any other person or entity. It will be a financial solution, and whoever masters the blockchain technology will have the wealth.

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Blockchain

Blockchain data analysis lets you see the counterparties

By analyzing the blockchain data set, we will have a better and clearer understanding of cryptocurrencies. (Image sou...

Policy

Jurors buckle up as Sam Bankman-Fried's criminal trial takes off with riveting jury directions

SBF faces seven charges of financial fraud in connection with FTX's downfall in November.

Blockchain

Simultaneously addressing the pressing issues of DEX and CEX, the company received a $ 40 million investment from Sequoia and Intel

Starkware, an Israeli startup, believes that it can solve two of the most pressing issues in crypto trading-the inher...

Blockchain

Number said | In the first half of 2019, blockchain private placement financing of 11.851 billion yuan exceeded 60% of funds invested in the US market

As the cryptocurrency undergoes the “Bear Bull” conversion, the blockchain private equity financing mar...

Opinion

Unveiling the FTX Empire's 'Second-in-Command' The Glorious and Falling Journey of Chinese Genius Programmer Gary Wang

What has Gary Wang gone through, from being a close friend of SBF to becoming the COO of FTX and a key witness?

Blockchain

After FCoin's "incident", key figures from the team responded!

On the evening of February 12, an announcement on the FCoin Exchange regarding "the latest progress of system ma...