Blockchain is an accounting system for distributed storage of information. its most important feature is that it can establish a trust relationship without relying on the trust endorsement of the central platform in a network environment without trust basis. its practical application starts with Bitcoin as a virtual currency. However, the application of blockchain technology is not limited to virtual currency. At present, blockchain technology has been applied to a certain extent in the fields of financial supervision, data sharing, car networking, Internet finance, banking, insurance, supply chain finance, clearing and settlement center and so on. If the blockchain is only equated with virtual currency and hyped at this time, it is either biased or deliberately distorted for the sake of hype.
meant to emphasize?
It is wrong to equate blockchain technology with virtual currency