Over the past year, people’s interest in blockchain has grown significantly. To understand the postive impact of blockchain technology, we had to figure out several of its features. First, decentralisation. It enables every participant to share data, assests and information without relying on the central organisation or a third party, thus preventing the abuse of power. Second, all the data in the blockchain is tamper-proof. Third, the srouce of each record in the blockchain can be traced.
I learned from an article that blockchain will improve the e-commerce industry, securing the online payment and playing a role in the logistics and information flow for e-commerce. It is expected to benefit many other industries as well, such as the fight against counterfeiting and innovation in the medical field. You can click the link to read the full content: The Industries in China Affected by the Development of Blockchain