The Internet combines economic system forming the innovative cyber economic system. The principal characteristics of cyber economy are discussed and the reason of its rapid development analyzed. From the perspective of information
cyber economy is of faster information growth
and the core reason of the growth is algorithms. As the foundation
algorithms prompt the new form of cyber economy i.e. cyber intellectual economy. Analogously
blockchain is expected to be the reliable infrastructure of cyber intellectual economy and consequently to innovate it. Furthermore
the characteristics of blockchain are also analyzed
pointing out the future opportunities and challenges.
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references
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