How Blockchain Technology Can Reshape the Internet?

Blockchain technology, or the blockchain data structure used for decentralized bookkeeping, is a small branch of Internet technology. Since the blockchain technology integrates multiple components such as distributed storage, encryption algorithm, P2P network, consensus mechanism, and smart contract, it presents "non-tamperable", "traceable", "open and transparent", different from the traditional Internet. Features such as "decentralization of rights" appear to be more "trustless"; of course, there are also problems such as inefficiency.

The blockchain has just passed its 11th birthday, and it is still a relatively young technology. In addition, the underlying technology will not iterate as fast as the application-side products. It would be too early to talk about "blockchain technology reshaping the Internet", but this sentence Behind it also represents our many expectations. Whether it is the birth of the alliance chain, the self-developed BaaS platform of the giants, or the development of digital currency by the central bank, and Facebook leading Libra, we have all seen active exploration from the bottom to the ground. In my opinion, changes are taking place, and behind the actions of the giants are not only strong resource support, but also vision.

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