Blockchain into Banks: Training course for staff

The Blockchain training course was designed by the CEO Gao Hang of Shuqin Tech for the bank staff on June 23, 2017.

As the founder of Shuqin Tech, Gao Hang started the research working on Blockchain and digital currency since 2013. He also is a member of China Blockchain application research centre, as well as a committee of National Internet financial security technology commission. And he has offered these courses for many times for the financial enterprises like banks, securities, insurance and so on.

During the course, Gao Hang started from the paper of Satosjo Nakamoto, called 《Bitcoin，A Peer-to-Peer Electronic Cash System 》. Under the background of Internet, how to create a electronic currency without the credit intermediary? And how to distinguish which one file is true, which one is false? Even large amount of people may worry about the falsification of data.

First of all, combined data with time. Satosjo Nakamoto created a data structure chain, divided data into blocks and each block can be connected by cryptography. When you try to change the time, you should update the whole chain, which has increased costs of tempering data. Then the chain structure will be distributed by P2P network, to form the public distributed ledger. At last, he also designed a beneficial incentive mechanism for the Blockchain network, to promote the development of Blockchain.

Then Gao Hang introduced the application of Blockchain+Bank. According to the characteristics of the decentralized structure, immutability and traceability, Shuqin Tech has provided the evidence attestation service for banks that based on Blockchain. And store the operate recording and data transaction recording on the chain, at the same time, access to the expert evidence centre to realize the transform from technology credibility to judicial efficiency. In addition, Shuqin Tech also keep working on big data field, applied the traceability management and cryptography authorization mechanism into bank scene.

Finally, Gao Hang introduced the recent development of Blockchain in Hangzhou. There are 4 Hangzhou Blockchain startups in the top 10 value company, which means a good social atmosphere of Blockchain in Hangzhou, second to Beijing. With the development of Blockchain and new financial technology, this underlying technology will gradually evolve into the underlying network for the trusted value.

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