[Blockchain story #1] What is the FINAL APPLICATION of BLOCKCHAIN?

leetyt2 (47)in #blockchain • 7 years ago (edited)

[Blockchain story #1] What is the FINAL APPLICATION of BLOCKCHAIN?

그림3.png
Dear, Steemit friends!
In this post I want to talk about what I read from literatures these days.
The topic is Blockchain technology. The Steemit we are doing now is operated by the technology of the Blockchain, and the bit coin which is the beginning of the virtual currency was also born by the technology, the Blockchain. As a beginner, I would like to know what a Blockchain is and how it will evolve into a process in the future.

I started Steemit with the recommendation of Haerang @haerang2, and I did not know any virtual currency until then.
First of all, I would like to know how virtual money is assembled and what it is to be a Blockchain technology.

Blockchain, a core technology of digital virtual currency and bit coin, which received great attention in 2009, is now a hotter target than bit coin. The Blockchain that started with the transaction/storage system of bitcoin can be applied wherever the data is gathered, but where does the end go?

First, from the definition ,,,,

Blockchain

A technology that distributes a centralized book server of a financial company that was able to be verified, recorded, and archived only by an authorized third party to all the participants of the network.

Each participant will have the same book, and if a new transaction occurs, it will be updated and approved equally in all participants' books.

Record a series of transaction information in 10-minute increments, making it a block and sending it to all participants. If it is confirmed that this block is valid, it connects with existing 'block' and 'chain'.

Even if you try to manipulate the book in the first place, you have to manipulate the computers of all the participants who keep it. Due to the fact that it is impossible to update them frequently, reliability is very high on the safety side and therefore the cost of maintaining and maintaining the customer database is reduced Global financial companies are interested in this technology.

Reference from 'image.slidesharecdn.com/'

[Blockchains in the Country]
On the other hand, all of the participants are fairly informed, so they are excellent in terms of equity, and if they are used well, they can be the national infrastructure, the contracting law and even the national government.
The Blockchain is not merely a currency, but a core technology for creating a completely new national management structure, which can replace the notion of ‘Nation for People’ starting from the Napoleon era.
As we can rebuild the world into decentralized governments, more and more people are thinking that we can change the world through Blockchains.
Blockchains can replace some of the functions that governments do. It can also be applied to functions such as birth and death notification, land registration for marriage notarization, and registration of companies. The Blockchain will be able to distribute government functions and make it more efficient and fairer. Bitnation, a similar concept, has already been announced. It means that the country where you are born is not your own country, but you can have a variety of nationalities in the future.

Below is an interesting article about Bitnation.
https://bitnation.co/
https://bitcoinmagazine.com/articles/bitnation-launches-world-s-first-Blockchain-based-virtual-nation-constitution-1455895473/

[Blockchains in Marriage]
The government's marriage system is one of the oldest systems today. Marriage is a very personal matter that is being enforced by the government, and laws vary among countries. Marriage is simply an example, but marriage does not occur only within the country. As international exchanges increase, international marriages also increase, and at what point should one country be granted recognition? If the Blockchain authenticates the marriage, then it does not have to be the power of state power. By expanding this concept, it is predicted that if you become an Internet citizen, you can create a world country that depends entirely on the power of the people.

[Publicity, the Blockchain as a token]
There is a couple who used a Blockchain as a token of love, that is, marriage !!! According to IT professional media Technically Brooklyn, Zach Lebeau and Kim Jackson couple married in 2015 through a Blockchain. We made marriage a kind of contractual relationship and stored it in the Blockchain. They saw the Blockchain, an immutable record that all network participants could identify, to be suitable for recording eternal love, and when a Blockchain marriage is linked to the national administration system in the future, it becomes legally binding. Experts said that this system will be established.
그림2.png
https://bitcoinmagazine.com/articles/first-Blockchain-wedding-2-1412544247/
https://technical.ly/brooklyn/2015/11/11/couple-got-married-Blockchain/

[Blockchain in government administration system]
There are already countries that use Blockchain technology in the government's administrative system. The Honduras government has piloted a real estate registration system using Blockchains to prevent corruption and tax evasion. Man island, a small island in Ireland and England, is testing the introduction of Blockchain technology into the enterprise registration system.

[My view]
The most important feature of the Blockchain technology is that the privacy of the individual disappears and transparency is emphasized. Thus, we do the Steemit and we can go into another person's wallet and get a closer look at his steem power, his holdings and his usage.
In the near future, it will be the end of real money, more than 90% will be trading with virtual currency, and it is thought that the moral value of the future becomes the standard of value of the future, and the standard will probably become the accumulation purpose.

As a non-expert, I have studied Blockchains from a literature survey and would be grateful if you could tell me the wrong part of my post.

References