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Want to know what development applications are there in the blockchain?
The application scope of blockchain covers many industries.

At present, the earliest application is bitcoin, the underlying technology platform of blockchain based on bitcoin, as the name implies, namely bitcoin network.

Other blockchain underlying technologies now include IBM's Febric and the blockchain underlying technology platform of the silver chain.

So far, the application of blockchain mainly has the following directions: 1.

Financial industry

In the financial industry, blockchain is the most popular financial technology company in the world.

The application cases in the financial industry are also endless, such as Sunshine Insurance 2065438+"Blockchain Aviation Accident Insurance Card Sheet" launched on July 29, 2006.

Most aviation accident insurance claims will only be paid when the plane has an accident. In most cases, fake insurance policies bought by customers are not easy to find. Based on blockchain technology, the whole process of the card bill from the source to the customer can be traced, so that all parties can not only check the authenticity of the card bill, but also facilitate the subsequent processes, such as claims settlement.

At the same time, without intermediaries, the unit price of insurance cards will be greatly reduced.

Its economic benefits: 60 yuan buys 1 copy of this product, which can be used by 20 people, and can get up to 2 million yuan of aviation accident insurance each time, which is equivalent to 2 million yuan of protection for each consumption in 3 yuan.

To a great extent, it saves the expenses of consumers and the costs of insurance companies.

There is also the commercial bank collateral released by UnionPay Technology in September 2065438+2006. This product is mainly used for the registration of real estate, vehicles and other assets, to prevent repeated mortgage, and to apply the * * * knowledge mechanism of blockchain to improve the working efficiency between banks.

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