November 2016，Jack Ma once spoke at the World Internet Conference: "The next 30 years，It is the integration of new technologies into all aspects of traditional industries，These are 30 years that have turned human society upside down，No matter who you are，No matter where you are，Everyone of us will be part of 188bet online live casino big change。”

Present，No matter who you are，Everyone should feel the influence of a new technology，This is 188bet online live casino。Nothing more，This impact is more negative，Incited public speculation，Becomes a tool for some people to cut leeks，To some extent, this is a blasphemy to this new technology。The development of 188bet online live casino，Just need to get rid of impetuousness，Simmer over low heat、Moisturizing things penetrate quietly，Talent can turn everything upside down。

What is 188bet online live casino and what is its value?

Last weeks，Many people are confused by the word 188bet online live casino，Seems like I understand，But I saw the introduction of 188bet online live casino applications in various industries，It will still be foggy，In the final analysis，I don’t really understand the value of 188bet online live casino。About the value of 188bet online live casino，Many articles use “decentralization、Detrust、A general introduction to characteristic words such as "difficult to tamper"，No wonder it’s unclear。

188bet online live casino is obtained through comparison.

Give an example，The reason why electricity brought about the second industrial revolution，Compared with the first industrial revolution marked by the steam engine。Steam engines cannot be separated from boilers，The whole device is bulky and bulky，The thermal efficiency is low and the energy transmission method cannot achieve long-distance transmission，With the development of industry，Steam engine as the main energy generator in society，Gradually it has become a restrictive condition for industrial development。In comparison，Electric energy can be produced centrally through power plants and power grids、Distributed use，Easy for transmission and distribution，Fundamentally changed the way industrial energy is produced and delivered，In 188bet online live casino way, industrial production can be fundamentally reshaped，Bringing about the second industrial revolution。

Same，The current mainstream database 188bet online live casino architecture based on the Internet is private and centralized，On top of this architecture，We will never be able to solve the problem of value transfer and trust，This is especially true in the field of "cross-border trust"。And the issue of trust is the cornerstone of social and economic transfer，We have no choice but to alleviate this problem through complex process design and protocol arrangements，Complex processes and protocols themselves bring efficiency issues。

Let’s look at the “decentralization” value of 188bet online live casino in this context，It will be clearer。188bet online live casino adopts "consensus algorithm"、New underlying core technologies such as “encryption algorithms” and smart contracts，Can be used to build trust linkers，Uncertain information、Establishing a "trust" ecosystem that meets the needs of economic activities in an asymmetric environment，In all walks of life，Nature has broad application space，Reshape existing processes、Complete the transformation of the industry。

After understanding the value of 188bet online live casino，Let’s take a look at what 188bet online live casino is。

The word 188bet online live casino comes from Bitcoin，Satoshi Nakamoto mentioned “chain of blocks” in the Bitcoin white paper，And name the folder that saves transaction data in the Bitcoin program 188bet online live casino。So，The original 188bet online live casino only refers to Bitcoin transaction data，Later this term was used by other encrypted digital currencies，Until 2015，Mainstream institutions are beginning to pay attention to 188bet online live casino technology，Separate the underlying technology of Bitcoin and other virtual currency systems from the upper-level business applications，Use 188bet online live casino technology to refer to this underlying technology combination，There is the prototype of the current 188bet online live casino concept。

Intuitively speaking，188bet online live casino is a data structure composed of a series of data blocks generated using cryptographic methods，Build a chain structure by referencing the hash value (hash) of the previous block，Achieve an effect similar to "riding seam seal"，Any tampering will cause the hash value to change，Resulting in "Riding Seal" being unable to match，Achieving the effect of decentralization。

As for the consensus mechanism in the 188bet online live casino、Smart contract or Lightning Network、Side chain technology, etc.，Interested students can also study and study one by one。

The new trend of 188bet online live casino, the financial industry is taking action

For the sudden outbreak of artificial intelligence，Goldman Sachs once analyzed in a report that “the outbreak of artificial intelligence is not about technology，But it can be seen everywhere in life，It can solve many problems in life”，Same，Really explore the application of 188bet online live casino technology around the pain points in the business，Only then can we truly usher in the trend of 188bet online live casino。From this perspective，The financial industry may become the first field to embrace 188bet online live casino。

Whether it’s Bitcoin、Dash、Monero、Zcash and other virtual currencies’ attempts to reform the existing monetary system，Still RIPPLE、Early 188bet online live casino applications such as BitShares，All concentrated in the financial field，The financial industry was the first to feel this "threat"，“Discovered” the value of 188bet online live casino from the virtual currency system architecture，Become a pioneer in the commercialization of 188bet online live casino。

Of course，The more fundamental reason is，People found，188bet online live casino technology is a good cure for some fundamental problems in the financial industry。Just like a member of the Financial and Economic Committee of the National People’s Congress、Called by Li Lihui, leader of the 188bet online live casino working group of China Internet Finance Association，“The existing information technology systems in the financial industry generally belong to a flat interactive structure，Between systems of different financial institutions，Financial institution、Payment Clearing、Establish multilateral and two-way connections between financial supervision systems through data channels，Establish direct or indirect connections between customers and financial institutions through mobile Internet。There are two weaknesses here: one is the security flaws and management omissions of any node in the mobile Internet network，will weaken the reliability of the entire system，Existing mobile Internet technology has not been able to completely solve the problem of data privacy protection；The second is if credit authentication is performed、Contract provisions、Regulatory rules and other instructions，Coordination between different systems requires more resources、The cost is relatively high”。

188bet online live casino is a distributed data storage technology，Verify the validity of the information through the encrypted data block and link to the next data block，With decentralization、Collective maintenance、System transparency、Characteristics such as non-tampering，Using 188bet online live casino technology to reconstruct management and service processes，It is expected to fundamentally solve the above problems。

Financial institutions have taken action，Related applications are being launched one after another。From cross-border payment、Securities issuance、Mutual Aid Insurance、Financial market clearing、Trade Finance、Crowdfunding、Online lending to financial anti-fraud、Financial patent protection, etc.，The development of programmable finance based on 188bet online live casino technology is booming、Leading the Way。A simple example is as follows。

July 2017，The domestic letter of credit information transmission system based on 188bet online live casino was successfully launched，The first three banks are China CITIC Bank、Minsheng Bank and Suning Bank，The launch of this system has changed the bank’s traditional letter of credit business model，Issuance of letter of credit、Notice、Prepare the order、Acceptance、All aspects of payment are implemented through this system，Message transmission time can reach the second level，Not only shortens the transmission time of letters of credit and documents，Significantly improves the efficiency of letter of credit business processing，And the anti-tampering characteristics of the 188bet online live casino are used to improve the security of the letter of credit business

188bet online live casino for listed companies，Why the logic of stock price surge is not solid？

188bet online live casino is practicing in a down-to-earth manner，Some listed companies are really flirting with the concept，Nothing more，Wrong direction，The bubble will eventually burst。

To understand the value of 188bet online live casino to different listed companies，First of all, we must understand the token mechanism of the 188bet online live casino。Why are there tokens in the 188bet online live casino？

Let’s not talk about pure virtual currencies such as Bitcoin，In the Bitcoin 188bet online live casino，188bet online live casino is originally designed to serve Bitcoin，Let’s talk about blockchains with other positions，In this type of 188bet online live casino，Virtual currency is just a token。

Take the BitShares 188bet online live casino as an example，Its positioning is to "trade everything"，The system has built-in transfer、Loan、Exchange、Asset Management、Information transfer、Information display、Advanced Multi-Signature、Underlying functions such as price input (collecting information from other systems)，Developers can develop countless applications。Token BTS within the 188bet online live casino，The value of existence is to ensure that the positioning of "trading everything" can be established。For example, a person wants to sell gold on BitShares，Naturally, we must first ensure that A actually holds gold，What to do？You can first mortgage equivalent BTS on BitShares。Obviously，In this case，If there is no BTS token，The smooth progress of the transaction is undoubtedly much more complicated。

Although it is an exception，But it is very universally representative。To some extent，Tokens are value markers and payment tools within the 188bet online live casino ecosystem，Is the carrier to realize "value transmission"，188bet online live casino can also “castrate” the token system，But that kind of 188bet online live casino，“Value transmission” cannot be realized under the current conditions，What we are doing is still improving the “information transmission” level，Its innovativeness and reshaping significance will be greatly reduced。

Now let’s go back and talk about the value of 188bet online live casino to listed companies，There are two values:

One is the reshaping of business processes or the saving of resources or the improvement of efficiency brought about by the introduction of 188bet online live casino。188bet online live casino value，Although it is also very good，But the imagination space is limited in the short term，No hype value。

One is the imagination space after the tokens in the 188bet online live casino evolve into virtual currencies。As a value token and payment tool within the 188bet online live casino，At least within the 188bet online live casino，Tokens have their “objective” value，Anything of value，Trade with legal currency through the trading platform，The price will be generated，Tokens have evolved into virtual currencies，With the properties of financial instruments，And financial instruments，There is naturally room for speculation。

Looking at the logic of the recent surge in stock prices after a number of Internet companies got involved in the 188bet online live casino，It is the second value that comes into play。Just，Although tokens have important value in the 188bet online live casino ecosystem，But now that there are attributes of financial instruments，Supervision will come as scheduled，Making the second type of value difficult to have long-term sustainable value，More like a bubble，Always destroyed。

The long-term value of 188bet online live casino is mainly the first one，That is, the transformative significance of the 188bet online live casino itself to the existing system，See at this stage，Any 188bet online live casino application that does not focus on the first value，More like cutting leeks。

When 188bet online live casino the wind come out?

Recent，The Mutual Finance Association names LinkTok as suspected of disguised ICO、The exchange issued an announcement reminding A-share listed companies of 188bet online live casino speculation risks, etc.，The 188bet online live casino craze that just started，Cooling down again。In the current strong regulatory environment，In view of the strong financial attributes of 188bet online live casino，The regulator’s prompt response was expected。

The real rise of 188bet online live casino，Of course you can’t rely on hype，Technology for the sake of technology，It will definitely be difficult to popularize。Technology should serve business needs，Objective business pressure，In order to promote the popularization of new technologies，At that time，Only then will there be a vent。

*Source of 188bet online live casino article: WeChat public platform "Hongyanweiyu" (ID: hongyanweiyu)，Author: Xue Hongyan，Director of Internet Finance Center of Suning Financial Research Institute，Original title: "What should the real trend of 188bet online live casino be?》.