Chapter 7
Blockchain in China
7.1 The Power of Blockchain in Real Life
Today, blockchain technology is considered to be the most disruptive technological innovation since the invention of the Internet. Without the intervention of any third-party center, participants can reach a consensus and solve the problem of reliable transmission of trust and value at a very low cost.
The security characteristics and trust mechanism of the blockchain is becoming an important technological engine for the development of the digital economy. It can play a role in various industries. The development potential of the industry application field is huge, and it is expected to reshape all spheres of life. According to Gartner’s forecast, the market value ...
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