The beginning of 2018，188bet online sports betting continues to be popular in 2017，Towards climax，All types of enterprises draw “blocks”，Stick to the "chain" and get angry，The situation is great。

So what exactly is 188bet online sports betting，188bet online sports betting reference scenarios，How did the 188bet online sports betting come about，What companies are involved in 188bet online sports betting，And what is the development value of 188bet online sports betting enterprises？This mama will divide it into two parts，With a simple and easy-to-understand attitude，I’ll mark the key points on the blackboard for everyone，Please listen carefully。

1. What is 188bet online sports betting

1.Basic concepts

There are many definitions of 188bet online sports betting，Here I analyze the opinions of various families，Remove the complexity and simplify it，Adopt a relatively easy-to-understand explanation:

English name of 188bet online sports betting: 188bet online sports betting is also called Block chainm,It is a chain data structure that combines data blocks in a sequential manner in chronological order，An untamperable and unforgeable distributed ledger guaranteed by cryptography。

188bet online sports betting is essentially a distributed database，is a series of data blocks generated using cryptographic methods，Each data block contains information about a network transaction，Used to verify the validity of its information (anti-counterfeiting) and generate the next block。

2. Working principle

The core potential of 188bet online sports betting lies in the characteristics of distributed databases and how it can help transparency、Safety and efficiency。

Past，Institutions use central databases to support transaction processes and calculations。Control of the database rests with its owner，The latter manages access and update permissions to the database，This limits transparency and scalability，Also makes it difficult for outsiders to ensure that data records have not been manipulated。

At the same time due to technical limitations，Distributed database is basically impossible to implement。But with software、Advances in communications and encryption technology，Now a cross-organizational distributed database is possible。188bet online sports betting gradually appears。

3. Core ideological connotation

The basic idea of ​​188bet online sports betting is to establish a network-based public ledger (data block)，Each block contains information about a network transaction。All participating users in the network jointly record and verify accounts on the ledger，All data is open and transparent，and can be used to verify the validity of the information。This way，No central server is required as a trust intermediary，Can ensure the authenticity and non-tamperability of information at the technical level。

First time knocking on the blackboard and highlighting the key points

Knock on the blackboard---188bet online sports betting redefines the world--188bet online sports betting is the next generation of disruptive core technology

Emphasis---188bet online sports betting is a distributed database，It is the ledger，Ledger，Ledger！！！！

2. Characteristics of 188bet online sports betting

The meaning of 188bet online sports betting is “decentralization”，By building a more reliable network system，Fundamentally solve the fraud and rent-seeking phenomena in value exchange and transfer。Mommy believes that with the popularity of 188bet online sports betting technology，The digital economy will be more authentic and credible，The economy and society thus become more just and transparent。

Compared to traditional centralized solutions，188bet online sports betting technology mainly has the following three advantages。

(1) Decentralization，Safe and reliable。---Information cannot be tampered with

(2) De-trust，Open and transparent。---Public、Autonomy

(3) Collective maintenance，Reduce costs。---Autonomy、Open

Knock on the blackboard for the second time and highlight the key points

Knock on the blackboard---188bet online sports betting will completely transform the industry，Redefining companies and economies！

Emphasis---Decentralization、Open、Autonomy、Information cannot be tampered with！

3. Application fields and typical application scenarios of 188bet online sports betting

With the improvement of technology maturity and the gradual realization of economic benefits of industry application，More and more companies are investing in the development and application of 188bet online sports betting technology。The application fields and scenarios of 188bet online sports betting are also constantly expanding。

1. Application fields of 188bet online sports betting

188bet online sports betting application fields are currently mainly discussed in: financial field、Securities Trading、Internet of Things、Sharing economy and real estate market, etc.。

Financial field:

Financial infrastructure and financial applications.Identity data will be stored in the 188bet online sports betting，Financial institutions can easily and quickly identify and verify the identity of new customers。Storing account and transaction information in the 188bet online sports betting will help standardize account data，Thus improving data quality，Reduce false identification of suspicious transactions。Widely used in cross-border remittances、Financial money laundering、Bill business, etc.。

Securities Trading

Although equity transactions have relatively low transaction costs，But up to 10% of transactions contain errors，Therefore manual intervention is required to correct，Thereby extending the transaction time。Through the use of 188bet online sports betting technology in the clearing and settlement process，Especially for equity、In terms of repos and leveraged loans，

Internet of Things

There are many problems in the Internet of Things at present，Mainly because the cost is too high、Lack of trust、No practical application value。In the decentralized Internet of Things，The 188bet online sports betting records every transaction of every participant，This process does not require the generation of any trust，Guaranteed privacy and security at the same time。will provide basic support for the development of the Internet of Things。

Sharing Economy

In the field of sharing economy，188bet online sports betting can be used to store user identities，User identity information cannot be logged out or deleted。This can be linked to relevant user reviews and ratings on these sharing economy platforms and other marketplace platforms。Based on this information，People can easily identify whether the user can be trusted through the user number。

Real Estate

In the field of real estate，Real estate information can be retained in the 188bet online sports betting，So that buyers can quickly、Simple、Low-cost verification of real information about homeowners。At this stage, this process is basically completed manually。This not only brings higher costs, but also makes mistakes more likely, further increasing costs。The use of 188bet online sports betting technology can significantly reduce errors，Reduce labor costs。

2. Talk about the application scenarios of 188bet online sports betting

The specific application scenarios of 188bet online sports betting mainly include smart contracts、Securities Trading、Equity Crowdfunding、Existence proof、Cross-border remittances and other scenarios。

Smart Contract

“Smart contract” has a relatively broad definition: based on the programmable characteristics of the 188bet online sports betting，People can put the contract into code on the 188bet online sports betting，And automatically executed under the agreed conditions，This is the so-called smart contract。What needs to be clear is，The rights and obligations established by smart contracts are executed by a computer or computer network。

The smooth execution of a traditional contract must be based on the trust of both parties or multiple parties，Otherwise there will definitely be a party whose interests will be harmed；But smart contracts put aside the premise of trust among participants，Just rely on code enforcement。If either party to the transaction fails to perform in accordance with the contract terms of the agreement，Then the automatic execution of the contract will not be triggered，So that the rights and interests of the other party that follows the agreement can be properly protected。

Smart contracts solve the problem of trust to a large extent.

Securities Trading

High cost、Inefficiency has always been the crux of global securities and equity transactions。Advocates of 188bet online sports betting technology say the technology can save transaction time、Reduce transaction risk，Thus greatly improving the efficiency of the financial industry。For example，It used to take 3 days for clearing and settlement，The operation using 188bet online sports betting technology only takes 10 minutes。

Equity Crowdfunding

Traditional equity crowdfunding platform as a third-party platform，The process of setting up a crowdfunding campaign is quite long，I won’t go into details here，And the existing business model cannot guarantee the returns of investors。If 188bet online sports betting technology can be applied，Then equity crowdfunding platforms can achieve decentralized trust，Investors’ returns can also be guaranteed

Existence proof

Technology has developed to a certain stage，Birth certificate、Marriage certificates may be recorded on the 188bet online sports betting。

Knocking on the blackboard for the third time and highlighting the key points

Blackboard---Cross-industry application of 188bet online sports betting，Financial field、Securities Trading、Internet of Things、The sharing economy and real estate market will have great potential，Belongs to the future。

Key point---the specific application of 188bet online sports betting is still being explored，Smart Contract、Securities Trading、Equity Crowdfunding、Existence proof、Cross-border remittance，But there is currently no successful application mode。

4. 188bet online sports betting Development and Bitcoin

I will not describe the development process of 188bet online sports betting in detail in this article，Only introduce the development prospects of 188bet online sports betting and the relationship between Bitcoin。

1. 188bet online sports betting development prospects

Most experts believe，The development of 188bet online sports betting will go through 3-4 stages。

One: 188bet online sports betting 1.0 —with transfer、Cryptocurrency applications related to remittances and digital payments。

Two: 188bet online sports betting 2.0 — Stock、Bond、Futures、Loan、Mortgage、property rights、Smart property and smart contracts, etc.。

Three: 188bet online sports betting 3.0 —Beyond Money、188bet online sports betting applications in finance and markets，Especially in government、Medical、Science、Culture and Arts、Applications in the field of education。

Four: 188bet online sports betting 4.0 —188bet online sports betting + Artificial Intelligence、188bet online sports betting + Energy。

2. The relationship between 188bet online sports betting and Bitcoin

2017 is the year of Bitcoin fire，Bitcoin and other brother coins that have increased a thousand times，Allowing countless investors to win over。

When it comes to Bitcoin, it cannot be separated from the 188bet online sports betting，You cannot talk about 188bet online sports betting without Bitcoin。

Bitcoin is a virtual currency system，It will issue currency、Decentralization of ownership transfer and transaction confirmation。Bitcoin is the first application case of 188bet online sports betting technology。

Bitcoin is the first 188bet online sports betting-based application in history，Safety achieved、Secret、Virtual currency that does not rely on central banks or financial institutions。Bitcoin no longer requires a central bookkeeper like traditional trading systems，It is a link composed of many blocks，Each block can be compared to a physical account book，And each block has multiple backups stored on multiple servers。

188bet online sports betting is the underlying distributed ledger system in Bitcoin。The Bitcoin ledger is distributed、Constructed in a spontaneous way，Anyone can generate new currency blocks by performing specific cryptographic calculations，Thus obtaining a digital "currency" that can be used for transactions。Bitcoin’s impact on the world’s monetary system can be said to be subversive，This is also an important reason why it attracted strong attention from many people as soon as it came out。

The distributed digital currency technology is abstracted from Bitcoin，ie“188bet online sports betting” technology can be applied to more fields.

Knocking on the blackboard for the fourth time and highlighting the key points

Knock on the blackboard---The future of 188bet online sports betting has unlimited prospects、This is only in the initial stage。

Key point---Bitcoin, the first typical application of 188bet online sports betting technology，Is it a devil or an angel，Not yet clear。

Summary:

1.188bet online sports betting is a distributed database ledger.

2.188bet online sports betting changes the world，Decentralization、Open、Autonomy、Cannot be modified to become a future trend。

3.188bet online sports betting changes the industry，Widely used in the financial field、Securities Trading、Internet of Things、Sharing economy, real estate market and other fields and smart contracts、Securities Trading、Equity Crowdfunding、Existence proof、Cross-border remittance and other application scenarios。

4.188bet online sports betting is the future.

5.188bet online sports betting is currently creating the largest investment feast/scam in human history---Bitcoin。

In this article，This nanny briefly explained the basic knowledge of 188bet online sports betting。In the next article，Mommy will conduct a preliminary analysis of 188bet online sports betting companies in the public market，Help everyone see how to use 188bet online sports betting knowledge to invest in cash，Stay tuned。

*Source of this article: WeChat public account "Camellia Grandma discusses stocks" (ID: chmm_stock)，Author: Aunt Camellia，OriginalTitle:《Don’t know this 188bet online sports betting knowledge yet，You are OUT——Popularization and Realization of 188bet online sports betting (Part 1)》.