Development Status and Future Prospect of Block Chain Technology

Abstract

As one of the most important innovative technologies in the field of science and technology in recent years, blockchain technology has been listed as an important strategic infrastructure project in China. Its technical characteristics such as decentralized trust, traceability, and non-tamperingare extensively used in all walks of life, and its complex technical implementation and profound business knowledge have caused a lot of obstacles to many researchers. In this paper, firstly, the current situation of blockchain technology was briefly introduced from the perspective of technology and application. Secondly, the current development status of blockchain technology was deeply analyzed from the following aspects, including horizontal application technology-cryptography, distributed storage, P2P network protocol, and data structure. Finally, future technical research directions were put forward.