How does blockchain make money?
952/5000
Blockchain is actually a database. The blockchain technology is to use the characteristics of the block chain to develop and apply the technology, the characteristics of the blockchain is not forged, traceable, decentralized and so on. We take advantage of the unforgettable properties, which can be used to authenticate, for example, when buying medicine, we can upload the drug information data onto the chain. It can be used to trace money back to its source, for example: transfer money (DECP) digital currencies, which countries already do, can be used to easily trace the movement of money, making it easier for criminals to hide. There are many, many other applications that, if implemented, can solve many problems such as counterfeiting, fraud, money laundering, tax, health care, overseas remittance and so on. These application scenarios have complex processes and long cycles. Once applied, it solves a lot of problems. So the question is, is there any real application of Limin? The answer is: no. There are many reasons why not, but at present, according to the highest degree of fit, the most widely used is the financial aspect. That's the investment side. As one of the answers to this question said, investing is investing in projects, but not just projects, you can invest in companies. That investment project is what we often say: stir-fry.
