Blockchain technology actually appeared a decade ago, but it was not welcomed at that time. In the past two years, it has been turned to the peak and has been sought after by tens of thousands of people. The status has obviously improved, and it is still in the storm! Why was it not popular at the time? Because the initial appearance of the blockchain was mainly in the financial industry, it was not favored by experts in the financial industry, so it was so sinking! Recently, because of its decentralized and high transparency advantages, it has gradually been accepted by so-called experts.
With the development of the blockchain, the number of blockchain technology alliances can not be underestimated. For example, dozens of famous companies including JPMorgan, Microsoft, Accenture, UBS, and Credit Suisse have formed a new blockchain technology alliance called Enterprise Ethereum Alliance (EEA) to jointly develop new standards and technologies. To make it easier for companies to use the Ethereum blockchain. This reporter learned that Ethereum is a brand new and open blockchain platform that allows anyone to write smart contracts and decentralized applications to run on the platform. Ethereum allows users to create new systems that users need through simple code to achieve "personalized" customization. The purpose of establishing EEA is to create a standardized and open source Ethereum to lay the foundation for creating specific applications. .
In addition, the blockchain project led by the Linux Foundation Hy-perledger ushered in 11 new members, including 3 Chinese companies. The United States R3CEV syndicate focuses on developing blockchain technology for the financial industry. At present, there are about 70 financial companies participating. In August 2016, the R3CEV syndicate stated that 15 of its franchisees have joined a trade finance experiment to test Corda's distributed ledger agreement.
Blockchain has never been spotlighted. The main reason is that the core technology of blockchain can make financial institutions save costs. According to the data reported by the U.S. media, blockchain technology can save U.S. banks billions of dollars in infrastructure costs, and it is 30% of the total cost. This is not a small amount! So blockchain technology is not blowing up!