A blockchain is a system to share distributed （区块链是一个共享的分布式系统）.pdf

A blockchain is a system to share distributed data in a robust and mathematically secure way. Due to the ubiquity of data at the core of many real-world systems, blockchain technology is already revolutionizing data processing in many domains. Blockchain technology, its subtle nuances, improved functionalities and features are discussed. Dragonfly Fintech is a company that utilises the salient features and functionalities of our improved blockchain technology, and introduces them into the financial industry with the aim of realizing a holistic, end-to-end system in the area of financial settlement and mobile payments. This includes the use of this technology for banking compliance and governance as its key offerings. Blockchain technology is changing the way finance, trade, and commerce are done. In fact, the implications of blockchain technology do not stop there, as it can be used for streamlining many more business processes outside the financial domain. Blockchain technology was first introduced almost 8 years ago by Satoshi Nakamoto, the inventor of Bitcoin. The irony is, while this technology has been in existence for almost 8 years, not many can differentiate between blockchain technology, Bitcoin, and the Bitcoin blockchain technology. For the novice, these 3 terms are used interchangeably without reference to the actual differences between them. Most will equate this to just Bitcoin. Due to its use in the criminal underworld, many automatically equate Bitcoin to something that should not be touched with a ten-foot pole. This wrong notion of Bitcoin being something bad, calls for another topic of discussion, which we will not delve into in this article. It is important to look at the profound underlying differences between blockchain