Blockchain technology has the characteristics of decentralization, openness, independence, security and anonymity. In essence, blockchain is a * * * database, and the data or information stored in it has the characteristics of unforgeability, full traceability, openness and transparency, and collective maintenance.

Advantages of blockchain technology

Open and transparent, for example, in the blockchain network system, there are many such transfers, and everyone will have an account book. Once the transfer process is successful, the blockchain network will broadcast to everyone in the system. If you transfer money to others, everyone will write it down.

As soon as the broadcast comes out, everyone in the blockchain network system knows that you transferred money to that person. Everyone knows how much money you transferred, even if he doesn't admit it, because this transfer information is recorded in everyone's account book and anyone can find it. This is conclusive evidence.