ABSTRACT

The global New Crown Pneumonia epidemic has led to introducing monetary easing in various countries, but the resulting financial instability has also become apparent. Blockchain currencies are attracting attention to their natural ability to withstand inflation and trade barriers. However, traditional ‘mining’ has problems with energy consumption, data risk, disconnection from the real economy and capital manipulation. We combine “mining” with smart big data, introduce the framework of endogenous value blockchain currency, and link the efficiency of “mining and distribution” with smart big data on health, knowledge, environmental protection and many other aspects, so that the value of “mining” is endogenous, avoiding the criticism of the old blockchain currency and making it an important tool to promote civilization.