The birth of the blockchain marked the beginning of the construction of a truly trustworthy Internet. By combing through the rise and development of the blockchain, it can be found that the focus of the blockchain is that it can establish a reliable peerto-peer trust in the network, so that the value transfer process removes the interference of the intermediary, which not only discloses information but also protects privacy , Both making joint decision-making and protecting individual rights and interests. This mechanism improves the efficiency of value interaction and reduces costs. From an economic point of view, the new value interaction paradigm created by the blockchain is based on "weak centralization", but this does not mean the complete disappearance of various "centers" in the traditional society, and a large number of blockchains will appear in the future. The “multi-center” system is based on alliance chains, private chains or hybrid chains. Blockchain will further improve the operating efficiency of the “center” and reduce a considerable part of its cost. From a technical point of view, we believe that blockchain is a technology system that is jointly maintained by multiple parties, stores data in a blockchain structure, uses cryptography to ensure transmission and access security, and can achieve consistent data storage, non-tampering, and non-repudiation. This technology has brought unlimited space for imagination to the world. The global interest in blockchain continues to heat up. Major global economies have begun to study blockchain technology and development trends from the national strategic level.The advent of blockchain technology marks the beginning of a truly trustworthy Internet infrastructure. At its core, blockchain establishes reliable peer-to-peer trust, eliminating intermediary intervention in the transfer of value. It achieves a balance between transparency and privacy, enables collective decision-making while safeguarding individual rights, thereby enhancing the efficiency of value interaction and reducing associated costs.

From an economic perspective, blockchain introduces a new model of value interaction based on "weak centralization." This does not imply the complete disappearance of various traditional "centers," but rather foreshadows the emergence of numerous "multi-center" systems built on consortium chains, private chains, or hybrid chains. Blockchain will further enhance the operational efficiency of these "centers" while significantly reducing their costs.

From a technical standpoint, blockchain is a multi-party maintained system that stores data in a chain structure, utilizes cryptographic techniques to ensure transmission and access security, and achieves data consistency, immutability, and non-repudiation. This foundational technology unlocks boundless possibilities for the future.

Global interest in blockchain continues to grow, with major economies already researching its technology and development trends from a national strategic level.