Among the “blockchain useless” argument, some cling to the logic that without the token, the blockchain technology would be worthless. Because of the lack of speculation in blockchain technology itself, how attractive is a public database encrypted in a special way to the public? The core reason why they make people crazy is the token.
The blockchain itself lacks value, but the token has value.
The implication is that blockchain is useless, except for coin speculation. Tokens don’t come with their own value. They can be scrambled. The main reason is speculators. But its mistakes are also obvious. If blockchain is useless, will various forces, including governments, devote huge human and material resources to researching it?
In fact, the biggest application of blockchain has already landed since the day the token was introduced. Tokens do not come with their own value, but carry a quantitative interconnection of value.
Based on the Internet, blockchain is a branch of Internet technology, but also a school of its own. They have the same in essence is a transmission protocol: the Internet is a transmission protocol for information, to achieve efficient transmission of information;
Blockchain is a value transmission protocol, through the token to achieve the quantitative interconnection of value.
As stated earlier, blockchain is essentially an encrypted digital credence, but it still doesn’t mean much unless it is further used as a transmission protocol for value. And because of the token, it suddenly became significant.
First of all, it is a certificate that everyone trusts. It cannot be tampered with, can be traded, transferred, and cannot be destroyed or reversed.
Second, it is a representation of value, and only real value. Data is value, business model is value, intangible assets, tangible assets and so on are value, any value is worth encryption, can be quantified into the corresponding token.
Most notably, the data. Big data is a hot concept at the moment, and any company involved in it has a high market value. However, the credibility of such commercial companies is very questionable. Even Facebook has a tendency to make its users suspect that they are illegally using their data, and now the evidence is clear: even Didi has made its users suspect that they are not giving their old users rights, but using big data to kill them. No business company can prove itself clean, nor do we need them to.
So we’re taking our own data assets back, and we’re putting them at our disposal the most valuable thing in the future economic world — data.
In the future, we can use the most valuable thing in our hands — data to participate in the future economic activities and get the right to distribute the income generated in the future economic activities. At the same time, the public chain is used to build personal exchanges and data trading is used to help individuals price data.
Therefore, the token is actually the key to the core value of the Internet of things. The token can realize the transaction between people and devices, and the transaction between devices. Tokens represent the blockchain’s ability to create a new value exchange system, activate a new Internet of Things, and help us build a new era of human data.
The future is an era where everything generates data and everything generates revenue. At present, we are in the transition stage from the information Internet to the value Internet. To put it simply, the Internet is actually an information aggregation platform, through a large number of content aggregation of a large number of users. These users can provide a lot of data and value to the Internet. In the early days, this data helped popularize the Internet as a whole, but today, as the value of this data increases, consumers are unhappy,
For example, the financial statements of Google, with revenue of 100 billion dollars and net profit of more than 20 billion dollars, are generated based on user data. However, consumers not only do not enjoy benefits in this process, but may also receive some junk information.
What’s more, at a time when Zuckerberg has issued a public apology to several British and American newspapers, sparking a heated public debate, Li said that “Chinese people are more open and less sensitive about privacy issues. If they can trade privacy for convenience, security or efficiency, in many cases they are willing to do it.”
In the future, such remarks will no longer exist, because the corresponding vulnerabilities will no longer exist, and the data will be authenticated through the blockchain,
Consumers will change from traditional passive consumers and users of products to holders of data.
This is to turn consumers into consumers, into shareholders, and even a mobile enterprise.
The user relationship between people and Internet giants will also change, which is a change of productivity and relationship.
For example, if a giant wants to use user data to sell ads, it needs to get users’ approval and share most of the revenue with them.
For example, Google should return more than half of its revenue of more than 100 billion dollars to its users
), otherwise the user’s information is encrypted, you can’t get, get it is illegal, gain is not worth the loss, this is the important significance of blockchain for the value of the Internet.
A future where free is no more; where all our actions, all our efforts, will be rewarded; Similarly, when we get all the services, we also need to pay the value. And only then can we say,”
Blockchain technology is generating revenue for you while you sleep!”
