The value of NFT is the value of the contract + the value of the distributed ledger.
Blockchain
With the increase in data breaches, the need for secure data storage has never been more urgent. Blockchain technology offers a solution to this problem, providing unparalleled data security and privacy.
Since the launch of the white paper in 2008, Bitcoin has received unprecedented attention, especially since the first transaction of Bitcoin and its ten million fold increase in ten years, every sharp rise and fall of Bitcoin has become the focus of attention and caused huge controversy.
Globally, environmental pollution and climate change have become very serious problems, and solving them requires joint efforts in various fields. In recent years, with the development of blockchain technology, it has started to be widely used in the field of environmental protection.
Web3, or Web 3.0 for short, is the latest generation of the Internet that is evolving to create a more decentralized, secure and transparent Internet.
Typical product recalls in the supply chain ecosystem cost $8 million per year, and improved tracking and tracing using blockchain can reduce that annual cost.
CoinSmart Chain is a new blockchain with a mature environment for developing high-performance decentralized applications. It is designed for cross-chain compatibility with CoinSmartChain to ensure that users get the advantages of both.
The application scope of blockchain technology continues to expand, from the field of digital currency, to the trading of financial derivatives, risk management, to supply chain finance and other fields, all have a wide range of application prospects.
In the cryptocurrency world, consensus mechanisms are protocols and algorithms that enable computer networks to work together to ensure network security. 51% of the nodes in the network must agree on the global status of the network in order to reach a consensus.
It is also necessary to understand the benefits that the Internet of Things can bring to companies, so that companies can make wise decisions about whether to use this technology.