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What are the characteristics of decision analysis based on blockchain technology (based on blockchain internet platforms)?

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The characteristics of decision analysis based on blockchain technology were re

What are the characteristics of decision analysis based on blockchain technology (based on blockchain internet platforms)?

The characteristics of decision analysis based on blockchain technology were recently discussed at the First China Summit on Decision and Analysis in 2019. The topic report titled “What are the characteristics of decision analysis based on blockchain technology” was jointly initiated by the Computer Department of Tsinghua University, the National Information Center, Shanghai Jiaotong University, Beijing University of Posts and Telecommunications, and the Institute of Financial Technology at the People’s University of China. This research document points out that “there are already more than 100 projects or companies utilizing this technology, and these new discoveries and attempts are due to the wide range of applications of this technology.”

Blockchain Internet Platforms

According to reports, blockchain internet platforms will become the next generation of the internet. It utilizes characteristics such as decentralization, tamper resistance, and verifiability to enhance efficiency and reduce operational costs. This solution uses smart contracts to automatically execute tasks and transaction costs. This means that users can perform any operation or access ownership status on the platform without trusting third-party intermediaries. In this way, network participants can share data and make choices among what they consider necessary. At the same time, developers can provide tools for managing their applications and services on the platform in various scenarios. (finextra)

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