Blockchain technology, with many in many sectors, what is this technique? If we want to describe this advanced technique in the simplest terms, Block Qin is a database or a new way of organizing data, but the way it is treated is different, as is its decentralized distribution (see decentralized network patterns in the middle of the 1967 picture when Paul Paran Distributed systems, central systems and decentralized systems). Many confuse the role of the virtual currency and Block Qin's technology, which rewards shareholders by verifying the network by giving them after verification tasks a virtual currency that might be a quin house or any other virtual currency. Block Qin's technology, known as the virtual currency transaction log, helps keep lists resistant to tampering with ever-growing data records and allows secure exchange of valuable materials such as funds, stocks or data access rights. Unlike conventional trading systems, there is no need for a broker or central registration system to follow the movement of exchange, but all parties are dealing directly with each other. Block Qin operates as an electronic transaction log and record system that allows all parties to track information through a secure network that does not require third-party verification. Banks and financial institutions have adopted Block Qin's approved currency in the virtual currency of PeteCwin, the single-track record at a faster pace than expected, with around 15 percent of the world's largest banks turning to Block Qin's commercial products next year, according to a Reuters report. IBM. It is expected that 65 percent of the banks will have Block Chin projects within three years, with the trend being driven by large banks with more than 100,000 employees, IBM said. The company has relied on a survey of data covering 200 banks. The company has identified in the results the most needed aspects of Block Qin's innovations: settlement, total payments, stocks, debt issuance and reference data. If you want to import goods from a foreign country, the bank will assist you in ensuring that they are delivered through the so-called letter of credit. The goods are deposited with the bank and not paid to the company that will issue the goods to you until you receive the goods. This process is by being a unified database documenting the parties' safety procedures among themselves.
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Thanks for your thoughts.