With the development of Internet and Data technology, more and more people are looking at a new technology - Blockchain.
A blockchain – originally block chain – is a continuously growing list of records, called blocks, which are linked and secured using cryptography. Each block contains typically a hash pointer as a link to a previous block, a timestamp and transaction data.By design, blockchains are inherently resistant to modification of the data. A blockchain is "an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way.
As of the end of April 2017, the world's 455 block chain and Bitcoin related companies accumulated financing amounted to 1.947 billion US dollars, of which domestic 114 million US dollars, a total of 61 investment companies, ranked second nationwide block chain start-up enterprises About 150, Zhongguancun, Beijing about more than 30 (excluding digital currency and exchange-related, 11 block chain start-up enterprises to obtain VC investment, a total investment of about 226 million yuan.
China is the leading country in terms of adoption of Blockchain technology. In fact, the Chinese government recently included Blockchain as a priority project in its Thirteenth Five-Year National Informatization Plan in 2016. Recently, the Bank of China is in full swing to recruiting block chain experts. And many Chinese bank block chain technology has landed. Including securities, insurance, funds, etc. are really in the implementation of the corresponding block chain technology. But the current block chain there is without supervision, the main objective of the project is not clear and other issues, attracted everyone's attention.
Overview of Blockchain Technology and Related Policies
Innovative & Application of BlockChain Technology