Smart Contracts To manage DATA Better
Most of us have had such experience: just after browsing a shopping site, there are e-commerce or social platforms sending relevant advertising pop-ups. This is because our data has been resold to other platforms. In other words, our personal information has been leaked. Some people may not agree with this. Sending an advertisement or making a pop-up will have no big impact on life. However, when suffers a major loss encountering the telecommunication fraud, it is too late to recall the importance of personal information, and the data presented by such news reports and cases is hardly alone.
Recently, the National Internet Information Office released the first batch of domestic blockchain information service checklist, involving 164 enterprises in the financial, logistics, communications, agriculture, education, and other industries. It can be seen that the management department has begun to find out the main situation of the market and take an important step in regulating internet information services. The introduction of blockchain technology is a useful way to regulate the development of the industry. After the introduction of the blockchain technology, the stored transaction information is public, but the account identification data is highly encrypted and can only be accessed if the data owner authorizes it, and the data security is greatly improved.
The demands of consumers in the financial industry are particularly urgent. The phenomenon of free of charge to exchange and transfer data between the financial industry and other industries and between various institutions in the industry is not uncommon. For example, some third-party insurance intermediary trading platforms have started to collect patient information from medical institutions on a large scale and then sell them to insurance companies as the basic data for developing long-term life insurance and serious illness insurance products. The medical industry is notorious for using legacy systems and silos to store data. This makes them perfect targets for hackers. On the other hand, Selenium makes use of blockchains to provide users with a better database network.
Myselenium is a world-leading public blockchain system based on blockchain technology. Based on AI's enhanced cross-chain technology architecture, Selenium not only overcomes the technical challenges of blockchain 1.0, 2.0, and 3.0, but also based on the new financial business model, through the integration of payment settlement and UT/ST dual-token issuance, realize the digitization or Programmation of currency, securities, and banking business, and open up the channel for the capital to enter the real economy, promote the revolution of blockchain reform and corporate governance, and finally realize the dream of enterprise launched on the blockchain.
Selenium makes use of blockchains to provide users with a better database network. all data and information can be easily handled and can only be accessed if the data owner authorizes it on the blockchain. Use of traceability,non-tampering, and other characteristics of blockchain technologyto protect the rights and privacy of trading buyers and sellers in the industry and build a transparent, credible, decentralized trading system.
Perhaps the greatest significance of the existence of blockchains lies not in the development of the industry itself, but in the technology, which promotes the development and progress of other industries and even the whole society.
Choose the Myselenium.io project to unlock A New Era In in 2020.
Participation link:
http://myselenium.io/
