Last weekends, the seninor Blockchain economics class was held in MBA center of Zhejiang University of technology. Recently, as an adcvanced technology, Blockchain technology has launched in many scenes, and has caused wide governments’ attention, as well as the technology enterprises. Therefore, such class takes “Focusing on Blockchain” as the research theme, and starting from the decryption journey of Blockchain. The co-founder Yu Xuemai of Shuqin Tech as the professional in such field made a speech in June 4, and explained the theory and development history of digital currency.
During the morning class, the CEO Jiang Yuebo of Shuniu Tech made a speech about the investment and financing of digital currency, mainly including investment，financing, futures, interest arbitrage, ICO, cross-border remittance and wallet. With the characteristics of decentralized, anonymity and low cost for Bitcoin, the price and time would have an affect on Bitcoin transaction. And the price fluctuation also will affect the difficulty of mining. Nowadays, more and more digital currency began to appear in people’s life, even most of them have the low price, also combined with high risk. At last, Jiang encouraged members to learn Bitcoin and Blockchain through forum and whitepapers, taking a long-term investment for Bitcoin.
Then Yu Xuemai started the speech with a funny comparison, he indicated that the Bitcoin price has up 30 thousands times, which beat the banknote printing machine with the amazing speed. For the security issues, introduced the cryptography algorithm, distributed ledger, whole network broadcast, POW and timestamp to solve the problems of currency forgery and double payment. Later, by the introduction of Byzaantine Generals problem, then to lead to the consensus mechainism under the untrust case. Furthermore, Yu introduced the block-structured with the Merkel root, and explained the main chain was determined by the longest chain. And he also indicated that the consensus mechainism is the key to maintain the running of Blockchain network. Finnally, Yu said that the essence of currency is the transferring of trustworthiness, meanwhile, Bitcoin relys on the distributed accounting system. With his entrepreneurial experience, Shuqin has cooperated with Hangzhou Bank to realize data attestation, applied blockchian technology in their own scene.
When ending the two days class, the sponsor issued the certificates for the trainees, and all the certificates have been attested in Baoquan.com, which make members experienced the Blockchain with life. Baoquan.com not only provide data attestation services for the enterprises, but also serving for personal.
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https://www.baoquan.com/en/
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