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Exploration on the application of block chain technology in mining enterprises

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  • Zhongjin Gold Corporation Limited
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Abstract:

Based on the ancient Chinese wisdom of the “井” character structure from the Yellow Emperor and the River Scroll in combination of the logical mentality of integrity and balance,the paper carried out case study of China Gold Group,discussed the application of block chain technology in mining enterprises.The block chain technology can seamlessly link every block in the enterprise,especially the synthesis of the algorithm between the blocks based on equipment and device automation and informatization.The technology can in real time solve the problems in the production and management of mining enterprises,improve production efficiency and economic benefits of enterprises,and enlighten the way for China Gold Group and mining enterprises to use modernized information technology,especially the block chain technology to improve management level and motivate enterprise development.

Keywords:

block chain;data block;automation;informatization;mining enterprise;“井” character structure;the River Scroll