1. PixelPlaygroundHome
  2. Web3 News

What are the new blockchain projects in 2020?

• Web3 News • 106 views

In 2020, there are opportunities for the development of blockchain. In this proc

What are the new blockchain projects in 2020?

In 2020, there are opportunities for the development of blockchain. In this process, the price difference between “Bitcoin” and “Ethereum” has greatly decreased this year after the burst of the “Bitcoin” in 2019 and the ICO bubble in 2017. What are the new blockchain projects in 2020? The upcoming bull market in 2020 has given everyone hope!

What are the blockchain projects in 2020?

The development of blockchain technology has reached a certain stage in the past few years, but it is still in the early stage. According to incomplete statistics, the number and market value of blockchain projects have been increasing year by year in 2019. Since 2020, many projects have started to have their own independent projects, such as Bitcoin Cash (BCH), Ethereum, DeFi applications in the Polkadot ecosystem, and other disruptive innovative cryptocurrencies. From the beginning of 2020 to now, nearly 30 investment institutions in the blockchain field have established related companies, including OKEx, Bitget, Huobi, etc. In addition, many companies are considering launching token economic models and have also released supply chain finance platforms based on blockchain technology. Recently, more and more listed companies have announced the establishment of investment funds specializing in blockchain business. Since 2019, we have witnessed many successful blockchain projects that have received attention from the capital market. Now let the Planet Jun introduce to you these blockchain projects worth paying attention to since 2019.1. Blockchain infrastructure construction: From the end of 2018 to the end of September, more than 10,000 start-ups providing blockchain services were registered and funded globally. As of August this year, there were 4 companies in the United States that have been approved to establish the Blockchain as a Service Network (BlockchainasaServiceNetwork) companies. As of October 27th, 17 Unicorn companies in China have joined the consortium, including 5 start-ups that have established partnerships with IBM and 6 start-ups specializing in the development of digital assets.2. Distributed business model: The decentralized accounting unit, a new economic system architecture based on shared ledger technology under the traditional business model, mainly consists of two parts: the traditional information transmission system, which uses blockchain technology to realize value transmission, and decentralized database storage, which adopts cryptographic methods for secure management, consensus mechanisms, and computation methods. This trust-based approach can prevent tampering or forgery of records, thereby reducing costs. In addition, due to the strong demand for personal privacy protection in the Internet age, many enterprises are willing to try to use the novel features of distributed storage systems to solve problems. This makes people more urgent about how to use blockchain technology to build the future world. Third-layer identity protocol is a new form of social organization that uses blockchain technology to create new public ledgers.

This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/22473/

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.

Like (0)
Previous 08/08/2023 18:01
Next 08/08/2023 18:24

Recommended articles