What are the benefits of blockchain for all bookkeeping?

As for the benefits, Micro Sanyun feels that the biggest benefit is that it has obtained great security. First of all, there is a ** large ledger, so it cannot be destroyed. Each node is only a part of the system, and each node has equal rights and has an identical ledger.

Destroying some nodes has no effect on the system at all. Second, you can't cheat, because unless you can control the majority of the computers in the system to make changes, the system will use the majority opinion to determine what is the true result, and it will find that there is no point in modifying your own ledger (because others don't recognize it). Secondly, since there is no centralized intermediary, having everything run automatically through pre-set programs can not only greatly reduce costs, but also increase efficiency.

And because everyone has the same ledger, you can be sure that the ledger recording process is open and transparent.

Blockchain is a decentralized, distributed ledger of record and a credit data system, and its benefits are obvious.

1. What the Internet has changed is the acquisition and transmission of information, while the blockchain has carried out the transmission of value.

For example, on the Internet, we can easily and quickly generate information and copy it to any place, all information can be disseminated efficiently, but some valuable information that can only be transferred and not shared often requires credit endorsement.

For example, it is not possible for us to copy the money paid directly to the other party, but to subtract some money from the payment account and add some money to the receiving account to complete the payment process. The current Internet protocol does not support the value transfer function, and the current value transfer is often not directly transmitted, but endorsed by a centralized third party, such as Alipay, such as a bank.

Now these centralized institutions put all the computations of value transfer in a centralized server, which will inevitably involve human participation, which will create a lot of problems, such as certain "finite theories" and "opportunistic behavior", which will make the whole behavior less credible. So the most basic question arises, how to reach a credit consensus?

This is how blockchain technology came into being, it can be said that blockchain can build a pure point-to-point value transfer system, without the need for mutual trust between nodes, the blockchain can ensure the integrity and security of data records in the system, can be separated from the endorsement of third-party institutions, and effectively reduce the complexity and risk of transactions.

2. Be open and transparent, and cannot be tampered with.

All data on the blockchain cannot be tampered with or deleted, and the entire system information is open and transparent. If someone owes you a sum of money, and now the data has been placed on the blockchain, if he doesn't want to pay you back and plays a scoundrel with you, you can go to the court to defend your rights through data forensics on the blockchain, so as to get back your legitimate funds. Since the data on the blockchain is open to the whole network, all users will know about his rogue behavior, which will greatly increase his credit cost, and his untrustworthiness will have an important impact on his next life.

The key is to see how to innovate in a model and how to efficiently use blockchain technology to achieve the effect of the model;

Blockchain is essentially an encryption algorithm, based on the principle of 256-bit hash value algorithm to achieve information security; The application of modern information will become more and more global and nationalized, in addition to the basic needs of anti-tampering, anti-repudiation, trustworthiness and other basic needs for information security, it is necessary to strengthen the protection of privacy, blockchain technology is produced because of the development of modern cryptography, and the cryptography applied today is the result of cryptography 20 years ago, so it is necessary to apply blockchain technology to more participation scenarios, especially in the Internet economy, etc., whether the existing encryption technology meets the needs needs need more verification, It is necessary to integrate the cutting-edge technology of cryptography more deeply and continue to innovate.

As long as you use blockchain to innovate in bookkeeping based on your own model, it will not only not affect efficiency and waste computing power, but will shorten time and improve efficiency.