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Blockchain technology: development and prospects

It has been more than 10 years since Satoshi Nakamoto published his famous paper entitled ‘Bitcoin: a peer-to-peer electronic cash system’, which set the foundation of blockchain technology. Accompanied by the price volatility of bitcoins from 2017 to 2018, blockchain has been a hot word on the inte...

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Autor principal: Zhao, Weijie
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Oxford University Press 2019
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8291536/
https://www.ncbi.nlm.nih.gov/pubmed/34691875
http://dx.doi.org/10.1093/nsr/nwy133
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author Zhao, Weijie
author_facet Zhao, Weijie
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description It has been more than 10 years since Satoshi Nakamoto published his famous paper entitled ‘Bitcoin: a peer-to-peer electronic cash system’, which set the foundation of blockchain technology. Accompanied by the price volatility of bitcoins from 2017 to 2018, blockchain has been a hot word on the internet, and particularly hot in China. Blockchain offers a distributed and secure system for data storage and value transactions. Its applications are springing up in multiple fields. The Chinese government is considering these trends with great caution. Initial coin offering has been banned in China since September 2017. By contrast, an official white paper on China's blockchain technology, which was released in May 2018, said that blockchain technology will be widely applied in the real economy of China within 3 years. In a recent panel discussion held by National Science Review, experts talked about related topics. Their opinions may provide a quick view of the future development of blockchain in China and abroad. [Image: see text] Jing Chen Assistant Professor of Computer Science Department, Stony Brook University and Chief Scientist at Algorand LLC, USA [Image: see text] Xiaotie Deng Professor of School of Electronics Engineering and Computer Science, Peking University, China [Image: see text] Guohua Gan Vice President of Beijing Tai Cloud Technology Corp., China [Image: see text] Xiaoyun Wang Professor of Institute of Advanced Study, Tsinghua University, China [Image: see text] Zhiming Zheng Professor of School of Mathematics and Systems Science, Beihang University, China [Image: see text] Lei Guo (Chair) Professor of Academy of Mathematics and Systems Science, Chinese Academy of Sciences, China
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spelling pubmed-82915362021-10-21 Blockchain technology: development and prospects Zhao, Weijie Natl Sci Rev Forum It has been more than 10 years since Satoshi Nakamoto published his famous paper entitled ‘Bitcoin: a peer-to-peer electronic cash system’, which set the foundation of blockchain technology. Accompanied by the price volatility of bitcoins from 2017 to 2018, blockchain has been a hot word on the internet, and particularly hot in China. Blockchain offers a distributed and secure system for data storage and value transactions. Its applications are springing up in multiple fields. The Chinese government is considering these trends with great caution. Initial coin offering has been banned in China since September 2017. By contrast, an official white paper on China's blockchain technology, which was released in May 2018, said that blockchain technology will be widely applied in the real economy of China within 3 years. In a recent panel discussion held by National Science Review, experts talked about related topics. Their opinions may provide a quick view of the future development of blockchain in China and abroad. [Image: see text] Jing Chen Assistant Professor of Computer Science Department, Stony Brook University and Chief Scientist at Algorand LLC, USA [Image: see text] Xiaotie Deng Professor of School of Electronics Engineering and Computer Science, Peking University, China [Image: see text] Guohua Gan Vice President of Beijing Tai Cloud Technology Corp., China [Image: see text] Xiaoyun Wang Professor of Institute of Advanced Study, Tsinghua University, China [Image: see text] Zhiming Zheng Professor of School of Mathematics and Systems Science, Beihang University, China [Image: see text] Lei Guo (Chair) Professor of Academy of Mathematics and Systems Science, Chinese Academy of Sciences, China Oxford University Press 2019-03 2018-11-13 /pmc/articles/PMC8291536/ /pubmed/34691875 http://dx.doi.org/10.1093/nsr/nwy133 Text en © The Author(s) 2018. Published by Oxford University Press on behalf of China Science Publishing & Media Ltd. https://creativecommons.org/licenses/by/4.0/This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/ (https://creativecommons.org/licenses/by/4.0/) ), which permits non-commercial reuse, distribution, and reproduction in any medium, provided the original work is properly cited. For commercial re-use, please contact journals.permissions@oup.com
spellingShingle Forum
Zhao, Weijie
Blockchain technology: development and prospects
title Blockchain technology: development and prospects
title_full Blockchain technology: development and prospects
title_fullStr Blockchain technology: development and prospects
title_full_unstemmed Blockchain technology: development and prospects
title_short Blockchain technology: development and prospects
title_sort blockchain technology: development and prospects
topic Forum
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8291536/
https://www.ncbi.nlm.nih.gov/pubmed/34691875
http://dx.doi.org/10.1093/nsr/nwy133
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