Due to the highly transparent operation rules of blockchain, blockchain projects will enter self-operation state after release. This decentralized self-operation system theoretically no longer belongs to anyone or any team from the moment of release, and cannot be unilaterally stopped or modified. Therefore, blockchain projects can to some extent replace the operation of some areas, or replace the operation of some links in a certain area.
To sum up, blockchain has the characteristics of immutable, traceable, data stored forever, full recourse and so on. What is the application value of these characteristics to us?
1. Efficiency improvement
The exponential increase in efficiency is one of the most significant value features of blockchain. Information sharing and transparent rules on blockchain can maximize the efficiency of collaboration. It can operate automatically by providing shared targets, and once applied, it will completely replace the whole domain or local domain, rather than simply optimizing.
2. Encourage production
Because blockchain is an automated and impartial collaborative chain, roles are assigned on the blockchain. In addition to the developers and designers of the early systems, players on the blockchain have only one role in such a fair environment, that is, producers. Each producer synchronizes its work with other producers through block broadcasts between nodes.
3. Stability and security
The immutable and traceable nature of blockchain makes security another obvious value feature. The technical stability of the distributed system mentioned above can ensure the permanent storage of data, traceability and traceability to ensure data security, and public and private keys to ensure data information security. Therefore, blockchain can be called the most stable and secure technology at present.