The challenges and opportunities of blockchain systems

Abstract

Blockchain technology is another technological innovation under the background of the new epoch. It boosts the development of sharing economy and leads to the continuous reformation of technology and industry. As brand-new information technology, blockchain plays an unparalleled role in promoting individuals, society, and the nation. It is significant to study the social popularization of blockchain technology in this context. This paper first reviews the birth and the development of blockchain technology, including Bitcoin, the application prospect, and the value of blockchain technology. And then, this paper discusses the risk factors that constrain the social popularization of blockchain technology. Finally, this paper puts forward some practical strategies to regulate them and makes countermeasures and prospects in the future regarding blockchain technology.