Part 7: The Value of Blockchain Application

Security system based on Blockchain and big data

• The real data source.
• Establish the data chain.
  Connect the key nodes of the data source by Blockchain.
  Realize the unforgeability, non falsification and traceability.
• The third party Baoquan help to achieve a better user experience that leads to the transparency and verification.The forensic expertise for electronic evidence and the basic infrastructure for blockchain technology.
• Promote the cost of fraud, formatting a continuous superposition of trusty. It could well help the evidence chain of big data to form a high probability.
• The wide big data model support for detecting, monitoring and authenticating.
• The effective and positive incentives. Transform the goodwill, customers, markets, supply chain into the domain value.The innovative OTO about F2C.
• From self evidence to social transparency, then to the formation social rules.
  For the Blockchain distributed billing system, the real data of the whole process has been recorded on the chain: consumers -> commodity -> weighing data (Internet of things) -> service provider (market or electric business) -> commercial tenant -> testing business -> regulators -> logistics -> peanut -> production logs, realize the undeletebility and non falsification, then to share data on the chain. The blockchain encryption technology can protect any content at the same time. And combined with big data to verify the risk information, forming a food system with safety and traceability for the main focus on the Blockchain authenticity, take the scalability of big data as a supplement.   

Blockchain points exchange       

The accumulated points have become the primary mean to increase the stickiness of customers for the various tenants, formed a huge market scale in China. According to statistics, the credit card points have 25billion points in 2015, communication industry and airline company about 5 billion, oil company about 20 billion, some other rest industry about 120 billion, total amount is 200 billion.

Even within the integrated closed system, when the user takes the goods away from tenants, there will exist settlement period between tenants and points issuers, forming the credit vaccum. It also makes difficult for tenants to access to the issuers, the insufficient convertible tenants also reduce the value of accumulated points.