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This is the charm of blockchain!

Time : 31/05/2022 Author : d9ck3l Click : + -
        Technology can be powerful, but it can also be fragile. In recent years, a series of events & mdash& mdash; From Facebook's Cambridge analysis scandal to Equifax's massive data disclosure & mdash& mdash; This not only erodes the public's trust in big companies, but also erodes the public's trust in the Internet itself. The proliferation of fake news makes us doubt every article we read. The deeply forged photos and videos make us wonder whether we can trust our own eyes, or whether what we see is only generated by artificial intelligence. When it comes to the authenticity of what we see and read on the Internet, we are really at a turning point.
        Fortunately, we are also about to find a solution: the extensive implementation of the semantic web supported by the blockchain. The semantic web is actually a new version of the Internet. The famous public account book of the blockchain perfectly helps to maintain the verifiability and non destructibility of data. If the implementation is correct, the blockchain semantic web can help us learn trust technology again. In 2019, Frank Xiong, vice president of blockchain product development of Oracle, predicted that 50% - 60% of companies would use blockchain in the next few years. From preventing counterfeit products to improving food safety, blockchain is quietly helping enterprises rebuild consumer trust.
        This is not an easy road. The hype surrounding bitcoin has led to the crazy adoption of blockchain. Only after the "first mile" of implementation, enterprises began to realize that the solutions designed for cryptocurrency could not support the use cases of large companies, because these use cases required data storage, traceable transactions, governance and other functions. Now, the foundation of the real enterprise blockchain has finally come out. Companies with more than $100 billion now use blockchain tools in their daily business. Amazon uses blockchain as AWS. MasterCard built its own blockchain platform from scratch. Wal Mart uses blockchain to track the source of food to control people's concerns about E. coli and other pollutants.
        Blockchain, once a pioneer technology, is becoming an industry standard. Despite the penetration of better blockchain, the cultural zeitgeist still stays in the speculation mode. Bitcoin will make a comeback! Blockchain is in the prime time! Stimulated by adrenaline, the public discourse has no power to pay attention to the silent evolution under our eyes. A series of successful enterprise blockchain implementations are helping to connect a new Internet that will make the Internet we know and (do not) trust obsolete. This new Internet is centered on artificial intelligence and machine to machine (M2M) communication, also known as semantic web and Web3.0.
        It will make many innovations such as autonomous vehicle, automatic employee management and intelligent personal assistants possible. The blockchain connects M2M driven semantic web by enabling reliable data. Internet 2.0 reminds us almost every day that data is a double-edged sword: it is powerful in the hands of the right people and dangerous in the hands of the wrong people. Through decentralized and complex encryption, the blockchain injects security and permissions in the data layer, not in the API layer. Its public ledger provides a native audit trail of all data changes, making it easy to provide customers and regulators with proof of integrity. These data layer security features also allow developers to reduce bloated APIs and adopt a more data oriented approach.
        Finally, perhaps the most important point is that users have clear visibility and ownership of their data, rather than handing it over to an unknown central organization. Ernest & middot; Hemingway once said, "the best way to know whether a person is trustworthy is to trust him." "With the accelerated development in the 1920s, many of us are putting this idea into practice, because we are leaning towards technology: our voice assistant is becoming more and more intelligent, our cars are learning to drive on the highway, and we can control our thermostat and safety system through our hands.
        ”We agree to let our mobile phones use various tracking information in exchange for the convenience of real-time navigation, finding friends and obtaining more accurate search results. At the same time, we are not ready to dispel our doubts. We treat technology with healthy skepticism; We are still trying to find out whether these pictures are deeply forged or real, and whether the news articles are written by someone with a purpose. If the blockchain penetrates into the Internet, it will make our online world more reliable. Audit trail will become normal, even expected; They are also unshakable. This means that we will be able to better understand the source of photos, discover the original nodes of false news dissemination, and finally avoid the dissemination of untrusted information.
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