Question 68: What are the potential applications of SCDO in the real world?
Answer: The high performance and decentralized characteristics of SCDO give it a wide range of application potential in the real world. Firstly, in the fintech sector, SCDO can support high-frequency payment settlement, international remittances, and decentralized financial services, providing users with a fast and low-cost trading experience.
Secondly, in the Internet of Things (IoT) and DePIN aspects, the SCDO network can connect massive device data on-chain. Due to its sharding scalability, it can meet the concurrency and secure evidence needs of IoT data. Furthermore, in supply chain management, SCDO can be used for product traceability, anti-counterfeiting, and cross-border trade settlement, where on-chain information is transparent and immutable, enhancing trust.
In the cultural and entertainment sector, such as e-sports and digital copyrights, leveraging SCDO's NFT and subchain features can establish a trustworthy platform for virtual goods transactions and copyright verification. Additionally, in digital identity and government affairs, the security of SCDO can be used for identity authentication and certificate on-chain, reducing fraudulent activities. In summary, SCDO has the potential to provide underlying support in any scenario requiring high throughput and secure, trustworthy data exchange. Of course, the implementation of these applications will still require industry collaboration to promote, but SCDO is already technically prepared as an infrastructure, and its future prospects are worth anticipating.