As the core infrastructure of the Web3.0 ecosystem, blockchain technology has revolutionary significance far beyond technological innovation. Through technology architectures such as distributed ledgers, smart contracts, and decentralized storage, blockchain is reshaping the trust paradigm of the digital society – shifting from the traditional trust model based on centralized institutions to a transparent trust system constructed by mathematical algorithms and consensus mechanisms. This technological feature enables it to demonstrate the ability to reconstruct production relations in fields such as finance, government, and supply chain. For example, DeFi (decentralized finance) replaces the intermediary role of traditional financial institutions through code execution protocols, while DAO (decentralized autonomous organization) automates collective decision-making through smart contracts.
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