Blockchain technology has a broad application prospect as it can solve the problems of traceability, managing identity and ownership disputes in the supply chain.
Blockchain
Since the launch of the white paper in 2008, Bitcoin has received unprecedented attention, especially since the first transaction of Bitcoin and its ten million fold increase in ten years, every sharp rise and fall of Bitcoin has become the focus of attention and caused huge controversy.
Founded in 2016 and headquartered in Australia, energy trading technology company Powerledger aims to improve the efficiency of the energy market and enable peer-to-peer energy trading using blockchain's technology to track, trace and trade energy, with the technology now available in 12 countries.
Although a variety of cryptographic assets focus more directly on privacy through technology, there are still many possible ways to increase the privacy of Bitcoin, including point-to-point transactions. In the field of encryption, some familiar privacy assets include Monero (XMR), Zcash (ZEC), Verge (XVG), Beam and Grin. Dash is also on the list because it allows for increased anonymity, although the currency is not technically classified as a private asset.
More and more companies are turning to blockchain in order to improve their supply chain production processes.
When blockchain projects show that their technology can provide something that the traditional Internet does not have, large investors will participate.
It is reported that at present, many people compare cash and bitcoin. After all, although they understand that they are different virtual currencies, they still can not break the relationship between them.
Embracing blockchain seems to have become the mainstream of the industry nowadays. Both entrepreneurs and Internet giants have started to extend their development tentacles to this industry that is going to bring disruptive development to traditional industries.