Abstract:

The Internet and the Web have changed our society greatly in the last 20 years, but we still have
to rely on the third parties when making transactions online until the Bitcoin came along. The essay introduces
Bitcoin and Blockchain from eight aspects: the origin, the characteristics of Bitcoin, the implications of Bitcoin
and Blockchain, etc. In short, the technology of Bitcoin and Blockchain can be used in so many ways other
than online payment. Being regarded as one of the six mega-trends by the World Economic Forum as we
enter a more digital and connected world, Bitcoin and Blockchain may dwarf the Internet and bring us the
Internet 2.0 and change everything.