(BlockBar) According to Alipay, more than 40 scenes are now based on its block chain technology, including the Yangtze River Delta accounted for more than half. Alipay introduced that, taking the subway as an example, Shanghai, Hangzhou, Ningbo and other 4 city residents, only need to use the local subway APP, and can sweep the code in 6 other cities. And every city metro enterprise can get the corresponding section and price from the “chain” to achieve automatic second-level settlement. Previously, the cost between the cities needed to be settled manually, which took at least 1-2 days.
The application of block chain technology in daily life is used more than ever! If you use Taobao mobile version (Chinese biggest online-shopping app), Tmall or Alipay to scan the labelled source code, you can trace the origin of the product, including where it came from, where it went to, and what it experienced, which are clearly exemplified. There is also an IoT chip with GPS function, which can record the location of goods at home and abroad, such as overseas logistics information, oversea shipment supervision information, overseas factory verification information and so on.
The reason why block chain technology can be applied to trace the origin of commodities is mainly that it has an essential attribute – irreversible. In every traceable node, there will be a corresponding block chain identification code. If you want to tamper with information, you must decode it. And this identification code in the block chain means that you have to crack tens of millions of the identification code at the same time, which can probably be impossible to achieve. In short, it is to record every link of a process, which cannot be deleted and is extremely difficult to change.
Block chain technology plays a significant and revolutionary role in breaking the imbalanced situation of the traditional information. It is not going to remove the trust, but transfer traditional trust in centralized trust intermediaries in transactions into the trust in the block chain system itself and the data recorded in the block chain. If block chain technology gets widely used, over time, it will form an open and transparent whole society credit information system, which can balance information acquirement in all societies. Even among countries or religions, it can also be achieved. At that time, the cultural exchanges will be faster, and even the way of life of all mankind will be subve
Weekend is the most representative female writer in the blockchain industry. She is known for her keen news capture ability and is good at English writing of blockchain news in the Chinese region.