Finally someone has described the significant investment significance of blockchain in plain language

Blockchain changes the way information is transmitted!

The method of information transmission is to get information from point A to point B in some way so that both A and B have the information.

A hunter spotted a black bear, so he warned his companions about the danger. This is the simplest way to transmit information. New ways of transmitting information, such as telephone, text messages, and emails, are also extensions of this way of transmitting information.

But the disadvantages of this delivery method are obvious: low efficiency and uncertainty.

We have been using more effective ways to transmit information, such as beacon towers, class bells, broadcasts, and group chats. This method is efficient and reduces uncertainty, but it has the disadvantage of only being able to fully disclose all information content.

The way blockchain transmits information is as follows: information is broadcast simultaneously to the entire network, and only the recipient can decrypt the information with a password.

This method of communication solves the problems of efficiency, certainty and security at the same time.

It sounds simple, right? But this logical change in the way information is transmitted is revolutionary in the Internet age. It means that human interference in the process of information transmission will become very difficult, and truly barrier-free information transmission will become possible.

The question is, I was writing about blockchain, so why did I think of GFW?

Blockchain has changed the way connections are made!

The relationships between people are very complex, and this complexity is partly due to information asymmetry.

Blockchain allows equal transmission of information, minimizing the obstacles caused by information asymmetry.

Because of clear and effective information, the relationship between people will become simple and pure. We can know for sure whether a payment has been completed effectively. We can also know for sure who owns the copyright of a book. At the same time, we can determine without dispute whether a debt has been established.

We can even know the year the tree that bears the pear we are eating tonight was planted, how many times it was sprayed with pesticides, the date it was picked, how long it was transported, and how long it was refrigerated.

You can find out all of the above by just scanning a QR code. You can even customize the above information to filter out the pear you like.

With such transparent data, crime and fraud will be greatly reduced, and cunning or scheming may become redundant.

And for the same reason, the connection between people and things, and between things, will also be simple and efficient. One day, any external things may only have a relationship with myself for a period of time. I may have bought the right to use my house in this city for 3 years, and my car may have the right to use it for 6 months. All these connections are reliably guaranteed by the blockchain. I don’t have to worry about various unpredictable "accidents". All I have to do is to establish a simple connection between objects.

If the relationship between people nowadays can be called "connection", the relationship in the blockchain era can be called "trust connection". What does the globally interconnected trust connection relationship mean?

Please imagine that in addition to the living layer and information layer on Earth, there is another trust layer. What changes will it bring to mankind!

The blockchain is not just a data packet, but more importantly, a data chain connected by timestamps. This makes the recorded events no longer isolated fragments, but a proof that spans time. This is a kind of data "crossing", and time will become the only and reliable "witness".

The witness of time means ultimate trust, and also means that everything can be traced back.

An isolated incident is linked in time, and through a powerful computing system and other data links, cross-analysis and comparison, everything in the real world will be restored. Many detective stories are like this. (By the way, I recommend Keigo Higashino's "The Devotion of Suspect X", which has nothing to do with this article, but I just remembered it when I wrote this.)

Let's think about the current information structure. All the information we see can be said to be "current information". We search for a word on Google and get a lot of relevant information about this word. However, this information may be vague, one-sided, or even invalid and wrong. Google's algorithm can make the search closer to what you want to know, but it cannot guarantee accuracy.

However, the retrieval of blockchain information must be clear, complete, valid, and correct, and the time stamp of each piece of information is certain. As long as you have a need, it can even be "all".

The Internet has brought about the "information revolution". In a very short period of time, the "information revolution" has caused many people to be overloaded with information. The bombardment of advertisements and ubiquitous commercial harassment have become a part of most people's lives.

But let's think about it, 100 years later, should you still be bothered by the ubiquitous junk ads? Shouldn't you live a life with more dignity and freedom?

The efficiency revolution brought about by blockchain will give everyone the opportunity to choose what is most valuable to them. The data structure of blockchain will become the basis of the efficiency revolution. All the bombardment that wastes resources will gradually disappear in this process. Compared with the current information system, blockchain will build a truly efficient information system with people at the core.

The significance of blockchain is to make human society a better place!

Investment Opportunities

A friend I haven’t seen for a long time is working on an industrial park project in a second-tier city. One day, he suddenly called me and said, “We have just built an industrial park and want to get into some potential related industries and projects. You are in Beijing and have seen a lot of things. Can you tell me about the emerging industries?”

I told him that the emerging industries now include: genetic biology, artificial intelligence, new materials represented by graphene, virtual reality, and blockchain.

Then, I suddenly found that I couldn't continue speaking. I could feel the confusion on the other person's face through the phone.

Many friends who pay attention to scientific and technological progress know that in the fields I mentioned, unimaginable wealth will surely erupt in the future. It is also normal for "behemoth" companies with a value of more than 1 billion US dollars to emerge in them. If you can seize the right opportunity, it will be a successful investment for you.

In industries such as genetic biology, artificial intelligence, new materials represented by graphene, and virtual reality, it is difficult for ordinary people to have investment opportunities. The most they can do is to look for related companies in the stock market and look for opportunities to buy.

Only the blockchain industry has a very low threshold and less investment competition. The biggest reason for having such an opportunity is that there are too few people who truly understand the value of blockchain!

The value of blockchain is far from being discovered. Even what is the truly valuable blockchain asset is beyond the ability of most people to judge. Just like when I pointed out the value of a certain blockchain asset at 10 yuan, I received a lot of insults, but when it reached 100 yuan, some people chased it crazily. Similarly, if I say that other blockchain assets are worth investing in, it will also be considered as "digging a hole". Therefore, I will not mention the name of any "blockchain asset" in this article, not even a single word.

There are still some existing prejudices that may cause you to miss this opportunity. For example, except for Bitcoin, all other coins are altcoins. Another example is that blockchain has no applications at all. These views are very realistic, but reality is precisely the enemy of investment. When Buffett invested in Coca-Cola in 1989, he did not look at the 2016 financial report.

Here is my own understanding of valuable blockchain assets:

Build an application with practical value on the blockchain. This application truly solves the problems that need to be solved in reality, and is more economical and efficient than the solutions before the blockchain method was used. The assets that are continuously consumed during the operation of this application will be blockchain assets with investment value.

Entrepreneurial Opportunities

If you can actually write code, congratulations, a brand new entrepreneurial opportunity may be in front of you. The entrepreneurial opportunity on the blockchain is a huge opportunity, but just being able to write code is still not enough. At least, you need to understand the following two important basic concepts.

Consistent with blockchain characteristics

Not all existing applications can be moved to the blockchain. Blockchain has its own characteristics. Compared with ordinary servers, blockchain has different efficiency, logic, and operation methods. Some applications are naturally suitable for the blockchain model, while some applications are simply impossible to run in a blockchain manner. If you can't even judge this feature, then don't try to start a blockchain business easily.

In line with market demand

If it is a market that has been well solved by other applications, even if blockchain applications can solve it better, this entrepreneurial opportunity is meaningless. The correct direction of blockchain application development should be projects that are done very poorly with existing methods, or even cause troubles in real life, but can be done very well using blockchain logic.

Anyone who is trying to find entrepreneurial opportunities in blockchain development must think about the above two points again and again. I hope that some of the friends who read this article can find excellent entrepreneurial opportunities because there are too many such opportunities at the beginning of the concept of blockchain.

Growth Opportunities

Blockchain will not only change the way social wealth is distributed, but will also change the way many people think.

Just like when Bitcoin first came out of nowhere, many people were shocked by its ideological value.

Blockchain is the underlying principle of Bitcoin and has been abstracted as a new structure for transmitting information and value. It is difficult for many people to understand this concept, but in fact, it is no more difficult than understanding the relationship between stocks and warrants. It is just that people are unwilling to think about it because it seems awkward, thus losing an opportunity for a breakthrough in thinking.

It is a leap from the understanding of ordinary money to the understanding of the properties of currency.

The second leap is from the understanding of currency to the understanding of Bitcoin.

The third leap is from the understanding of Bitcoin to the understanding of blockchain.

If there is anything worth looking forward to in this era, it is that we are constantly growing, or even forced to grow, right?