The invention discloses an information interaction method, an information interaction system and application, and belongs to the field of electronic whiteboards. Aiming at problems that an electronicwhiteboard in a conference system in the prior art is large in transmission data, interactive bandwidth is high, the network requirement is high, the invention provides an information interaction method. A host sends the picture data to a local end and a remote end for display; when a picture is annotated locally, the host carries out serialization processing on the local annotation, sends the processed data to a far end; the far end is combined with the serialized data and the corresponding coordinates and pressure sensitive values; the graphic processor calculates and draws an image for display; the interactive method is applied to an electronic whiteboard of a conference system, only handwriting data are sent during writing, all participants receive the handwriting data and then displaythe handwriting data on a screen, and therefore multi-party real-time interactive whiteboard cooperation is achieved, and the interactive method is supported in a local conference and a teleconference.