wholesale italian costume jewelry Xu Mingxing believes what are the role of blockchain in the financial field?

wholesale jewelry afghanistan (1) Blockchain realizes the clearing and transaction of central banks, and no longer depends on commercial banks and intermediaries to achieve transactions. This will have a significant impact on the future financial order and increase the credit of currency.
(2) In terms of audit, if each order is stored from the terminal to the blockchain, the database on the blockchain is irreversible, non -tampered, traceable, and cannot be faked easily.
(3) Reduce cost costs. For example, if the bank is doing a blockchain credit system, the data placed by customers in each link is also stored on the system, which is also stored on the system. In the same database operation, lawyers' costs and transaction costs will be greatly reduced.