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What does regional chain block mean?
Regional chain block is a term in the field of information technology. In essence, it is a shared database, and the data or information stored in it can be traced back to the characteristics of openness, transparency and collective maintenance.

Four applications of blockchain

Application of financial industry

It can be said that blockchain technology is very suitable for application in the financial industry. Just like our common international exchange, letter of credit, stock registration and stock exchange, blockchain technology can play a very big role, especially in transaction payment. Blockchain technology can directly realize fast payment across third parties, which can greatly reduce costs.

Internet of things industry

The application of blockchain technology in the Internet of Things industry is also one of the promising fields. Simply put, in the logistics industry, blockchain technology can monitor and query the status of products and goods at any time in real time, and improve the efficiency of supply chain management.

Public service field

It must be said that the field of public services is closely related to people's lives, but there are also many problems due to the wide coverage and other reasons. Then, on the issue of centralized characteristics, blockchain technology can be used to achieve the expected results.

Digital copyright field

Due to various reasons, there are not a few cases of infringement in our society. Through blockchain technology, we can own our own works in time, upload corresponding certification materials, ensure the authenticity of our rights and interests, and confirm that the works we make in the future can be recorded in all subsequent places.