深耕区块链产业的发展需要建立,深耕区块链产业的发展需要建立什么

区块链技术的发展需要建立三个相关关键词，分别是：去中心化、透明度和安全性。

去中心化是指区块链技术的核心原则，它实现了数据的自治性和去中心化。去中心化是指，无论是哪个组织，都不能控制或修改区块链上的数据。去中心化的优势在于，它不仅可以提高数据的安全性，而且可以使数据具有更高的可信度。此外，去中心化还可以提高数据的可追溯性，从而使得用户可以更加自主地控制自己的数据。

透明度是指区块链技术的另一个核心原则，它实现了数据的可追溯性。透明度是指，区块链上的数据可以被任何人查看和跟踪。这意味着，即使是第三方，都可以查看和跟踪区块链上的数据。这也就意味着，即使是数据的所有者，也无法控制或更改区块链上的数据。透明度的优势在于，它可以防止数据被滥用，从而使得数据更加安全可靠。

安全性是指区块链技术的另一个核心原则，它实现了数据的安全性。安全性是指，区块链上的数据只能被授权的用户访问和修改。这意味着，即使是第三方，也无法控制或更改区块链上的数据。安全性的优势在于，它可以防止数据被滥用，从而使得数据更加安全可靠。此外，安全性还可以有效地防止数据泄露，从而使得数据更加安全可靠。

总之，深耕区块链产业的发展需要建立三个相关关键词，分别是：去中心化、透明度和安全性。去中心化可以提高数据的安全性和可信度，而透明度可以防止数据被滥用，安全性则可以防止数据泄露。这三个关键词是深耕区块链产业发展的基础，只有建立起这三个关键词，才能保证区块链产业的可持续发展。

Ⅰ What do blockchains need to have if they want to develop better?

Speaking of blockchain, more and more people are now aware of it. Especially in first- and second-tier cities, various blockchain companies are springing up in endlessly. At present, in the blockchain industry, the most popular project area is anti-counterfeiting traceability, such as DITO, TAC traceability links, etc. So, if the blockchain project wants to develop better, what points do it need to have?

1. The security of the blockchain must be high

If it is safe If there are big sexual problems, then the development of blockchain will be greatly hindered. The absence of security means that the blockchain will not develop. No one wants to use an application or technology that has no security guarantee.

2. The efficiency of blockchain must be fast

Now we are in a fast-paced environment and what we pursue is high efficiency. The project must be able to support large-scale transactions and achieve speeds similar to those of WeChat and Alipay.

3. Blockchain needs to build an ecosystem

Building a community is even more important in blockchain projects. The community is the promoter of blockchain applications. While building a community, it is more critical to find applications.

4. Blockchain needs to be more intelligent

Many things in the future will be intelligent, and if blockchain wants to continue to develop in the future, it will Breakthroughs in intelligence are also needed.

If the current blockchain projects on the market can possess the above four characteristics, then it will be just around the corner for the blockchain technology field to surpass traditional Internet technology. However, the current application of blockchain technology has not yet It’s immature and there is still a long way to go.

Ⅱ What are the opportunities and challenges in the innovative development of blockchain that we must seize

In this new era of the 20th century, there are many opportunities that we need to seize, not only It is important for us as individuals and for our country to seize opportunities. The new century is a new opportunity and challenge for the whole world. New technology and economy have many impacts on all aspects of our lives. And the latest "digital economic development," has laid an important foundation for the development of today's era. So what is the development and innovation of blockchain?

The whole world is innovating and developing, and we need to see the right time to seize the opportunity. Opportunities are reserved for those who are prepared.

Ⅲ Jingniu Chain, the first sub-chain of ETO public chain, is about to be launched, helping real enterprises enter the new era of "blockchain+"

Jingniu Chain, the first sub-chain of ETO public chain, is online Soon, we will help physical enterprises enter the new era of "blockchain +"

The birth of blockchainIt has a history of more than ten years. In recent years, with the increasing maturity of blockchain technology and the continuous enrichment of application scenarios, blockchain has attracted more and more attention. Especially on April 20 this year, the National Development and Reform Commission clearly proposed for the first time that blockchain be included in the scope of my country's "new infrastructure". Blockchain has become a key technology to enhance the efficiency of China's existing assets and improve medium- and long-term industrial competitiveness.

The importance of chain reform

Why is the blockchain brought to such an important position? In essence, blockchain realizes the openness, transparency and non-tamperability of data through the consistent distribution and redundant storage of data across the entire network, reduces information asymmetry at the system level, and enables nodes to implement business based on new information acquisition capabilities. Reorganization of relationships. While decentralizing information systems, blockchain also improves overall efficiency by decentralizing business systems and disintermediating business processes.

The essential requirement of real economy reform is to reduce costs and increase efficiency. The purpose of developing the digital economy is to serve the real economy. Blockchain plays an extremely important role in this process.

The so-called "chain reform" is, on the one hand, the reconstruction and reorganization of business processes in the real economy through blockchain, and the realization of data with decentralized business systems and deintermediated business processes. Distribution and storage on the chain; on the other hand, by introducing the token economy, the interest structure of different entities in the business system is adjusted, the value flow efficiency of the entire supply chain system is improved, and the interest distribution model is reconstructed. This is why chain modification is so important.

From a technical perspective, chain reform can solve issues such as trust, security, privacy protection, cost reduction and efficiency improvement by putting applications on the chain, information on the chain, and assets on the chain. From the perspective of token economy, chain reform can change the way economic value is produced, transferred, and distributed, so that all contributors to the entire ecosystem can receive corresponding rewards for their efforts.

Chain reform transforms the identity of "consumer" into that of "consumer + communicator + investor", transforms the opposite parties of interests into a community of interests, and improves the stickiness of end consumers; through incentive model design , thereby liberating production relations, improving the collaborative value of the upstream and downstream supply chains, and maximizing benefits. In the long run, chain reform is of great significance to the development and progress of the entire society and the improvement and protection of personal income.

Jingniu Chain focuses on one-stop chain reform services

Jingniu Chain is the world’s leading one-stop chain reform service focusing on chain reform of the real economy and digital equity of real enterprises platform. On the one hand, Jingniu Chain is committed to helping small and medium-sized enterprises solve internal and external incentive problems through blockchain technology, obtain instant incentive feedback internally, and improve the collaborative efficiency of upstream and downstream industries externally; it provides personalized chains based on the product characteristics of different enterprises. Change the plan to allow enterprises to gain differentiated competitive advantages.

The specific destruction mechanism is: 5% of the quota is always released to the mining pool for destruction every day, and the explosion mechanism is used to reward participants. Miners need 3% of the equivalent ETO. (That is, the platform token of the ETO equity public chain) As a miner fee to participate in the explosion report, the mining pool will receive random rewards ranging from 2 times, 3 times, 4 times, and 5 times according to the destruction amount. The coins returned by the miners will be released at 2% of the balance per day until Until the quota of the destruction mining pool is exhausted, the unexploited quota on that day will be deposited in the destruction mining pool.

In terms of mining fees, staking or withdrawing JNL requires the equivalent of 3% ETO as the token, and transactions and transfers require the equivalent of 0.3% ETO as the handling fee.

In addition, 3% of the daily mineral production will be converted into 1% charity fund, 1% tourism fund and 1% learning fund respectively.

As the world's leading chain reform and digital equity service platform, Jingniu Chain not only has a top international team lineup, covering chain reform and digital equity service implementation cases in multiple industries, but also can provide comprehensive and multi-faceted services. Channel promotion and operation, investment and mergers and acquisitions, digital equity transformation, listing and circulation transactions and other services, JNL plays an important role as the value-carrying circulation medium of the entire ecosystem.

In the future, as more and more small and medium-sized entities realize the importance of blockchain and the continuous development of chain reform platforms represented by Jingniu Chain, more "blockchain + "The industry will be implemented, and global entities will enter a new era of "blockchain+".

IV The future development prospects of blockchain

1. Blockchain has become the forefront of global technological development and opened up a new track for international competition. Blockchain will become a new key infrastructure to further accelerate the development of the digital economy, lead a new round of global technological change and industrial change, and become the "source" of technological innovation and model innovation. The world's major developed countries will further pay attention to blockchain technology, intensively introduce relevant policy plans, increase industrial support and guidance, and enhance the competitiveness of their country's blockchain technology and industry.
2. The digital currency bubble gradually cools down. With the spread and popularization of the concept of blockchain technology, more and more people will realize that Bitcoin is not equivalent to blockchain, and various air coins will be gradually eliminated. Blockchain technology innovation will return to a more rational track. Technical features such as decentralization, multi-party collaboration, and anti-calculation tampering will be highly valued by relevant industries. Some industries with strong innovation capabilities will continue to emerge with blockchain applications that have been transformed based on industry characteristics.

IV During the "14th Five-Year Plan" period, four aspects will be used to create a blockchain industry highland in Chongqing

Recently, reporters learned from the first meeting of the city's blockchain development management overall coordination mechanism It was learned that during the "14th Five-Year Plan" period, our city will accelerate the cultivation and innovative application of the blockchain industry from aspects such as planning layout, industrial ecology, technological breakthroughs, and application integration.
In recent years, our city’s blockchain industry cultivation and innovative applications have achieved remarkable results. First of all, the development of industrial agglomeration is accelerating. More than 60 well-known companies such as Qulian, Deakin, Jinwowo, and Inspur Cloud Chain have signed contracts to settle in the Chongqing Blockchain Industrial Park, and the industrial agglomeration area has initially taken shape. There are also many highlights in the blockchain application demonstration. The country's first blockchain government service platform was launched in Chongqing.The first electronic business license based on blockchain technology was issued, the "Xinghuo Chain Network" super node was settled in Chongqing, and Yibaoquan's "blockchain + judicial + electronic data storage" system was awarded the Industrial Internet Pilot Demonstration Project of the Ministry of Industry and Information Technology.
The person in charge of the Cyberspace Affairs Office of the Municipal Party Committee introduced that during the “14th Five-Year Plan”, our city will make efforts in four aspects to vigorously promote the development and management of the blockchain industry to a new level and build an “intelligent manufacturing town” for our city. ""Smart City" injects new momentum.
In terms of industrial ecosystem, our city will focus on major scientific frontier issues of blockchain, plan and promote a number of major technology application and industrial development projects, and build a complete blockchain industrial ecosystem. For example, the Municipal Economic and Information Technology Commission will support key blockchain companies to carry out key core technology research. The Municipal Big Data Development Bureau will use high standards to promote the city’s blockchain industry into the fast lane.
In terms of industrial layout, we will rely on Yuzhong District and Liangjiang New District to attract a group of blockchain companies with strong innovation capabilities and great development potential to set up R&D centers and corporate headquarters. Relying on the High-tech Zone and the Western (Chongqing) Science City to build the Chengdu-Chongqing Blockchain Science and Technology Innovation Corridor and promote the application pilot of "blockchain + professional fields" in various districts and counties.
In terms of independent innovation, efforts will be made to improve the sustainable innovation capabilities of blockchain technology and build an open, inclusive and dynamic blockchain innovation environment. For example, the Municipal Science and Technology Bureau will continue to strengthen scientific and technological support and promote the establishment of blockchain innovation service agencies. Yubei District will strengthen government planning and guide market entities to transform from "Internet thinking" to "blockchain thinking".
In terms of integrated application development, our city will focus on promoting the deep integration of blockchain with the real economy, deep application in the financial field, and wide application in public services and people's livelihood fields. For example, the Municipal Agriculture and Rural Affairs Committee will accelerate the innovative development of blockchain + smart agriculture and promote the high-quality development of digital agriculture in the city. The Chongqing Business Management Department of the People's Bank of China will explore and carry out more pilot application scenarios to serve cross-border settlement and facilitate investment and financing.

VI Xu Mingxing said that the application prospects of blockchain are broad, is this true?

my country’s blockchain industry has developed after ten years. Basically, a relatively mature industrial chain has been formed. Under the conditions of national policy promotion and increasing demand in downstream application fields, the market scale of my country's blockchain industry continues to develop, with high geographical concentration and obvious industrial cluster effects. As the maturity of blockchain technology continues to increase, the blockchain industry is entering the 3.0 stage as a whole, with good performance in finance, logistics, copyright protection and other fields, making a huge contribution to promoting my country's digital construction and accelerating the process of Digital China. the power of.

Blockchain industry panorama: numerous application fields, good development prospects

From the perspective of the industrial chain, my country’s blockchain industry includes upstream hardware, technology and infrastructure; midstream areas Blockchain applications and technical services; downstream blockchain application areas and other links. Upstream hardware, technology and infrastructure mainly provide hardware, technology and infrastructure support necessary for blockchain applications. Among them, hardware equipment includes mining machines, mining pools, chip manufacturers, etc.; general technologyTechnologies include distributed storage, decentralized transactions, data services, distributed computing and other related technologies. Midstream blockchain applications and services include basic platform construction and technical service support. Basic platform construction is divided into general basic chains and vertical domain basic chains; technical service support includes technical support and service support. Technical support is similar to upstream related technologies. Responsible for providing buyers with a series of technical support based on blockchain products such as blockchain security protection; service support includes a series of services such as digital asset trading venues, digital asset storage, and media communities. Downstream application fields include the combination of applying blockchain technology with existing industries, mainly including the financial industry, logistics industry, copyright protection, medical health, industrial energy and many other fields. As an emerging technology, blockchain has many downstream application fields and development potential. Very huge.

So far, based on the participation methods of various applications, blockchains are mainly divided into public chains, alliance chains, and private chains. The public chain is the earliest blockchain and the blockchain with the broadest consensus at present. It refers to a blockchain like the Bitcoin blockchain that is completely decentralized and not controlled by any organization. After the blockchain enters the 2.0 era , public chains, private chains, and alliance chains have all begun to enter the application scope of blockchain. The 3.0 era is more about the application of cross-chain communication, multi-chain integration and other technologies.

The above data and analysis are all from the "In-depth Analysis Report on Business Model Innovation and Investment Opportunities in China's Blockchain Industry" by the Qianzhan Industry Research Institute.

Ⅶ WeBank helps the blockchain industry flourish

On July 19, the "Digital "Chain" Greater Bay Area" hosted by China (Shenzhen) Comprehensive Development Research Institute - — Blockchain supports the integrated development of the Guangdong-Hong Kong-Macao Greater Bay Area Report (2022)" (hereinafter referred to as the "Report") press conference was held in Shenzhen.

The report believes that digital technology represented by blockchain can play an important role in breaking the ice of institutional differences in the Guangdong-Hong Kong-Macao Greater Bay Area, supporting the leapfrogging of the real economy and empowering innovation in social governance, and effectively boosting the development of Guangdong-Hong Kong-Macao Greater Bay Area. The integrated development of the Hong Kong and Macao Greater Bay Area has entered a new era 2.0. The report uses a wealth of practical cases of blockchain usage scenarios to demonstrate the role and contribution of blockchain in the construction of digital economy, digital society, and digital government.

The Greater Bay Area has sounded the clarion call for the rise of blockchain.

“The blockchain field in the Guangdong-Hong Kong-Macao Greater Bay Area is active in innovation, with rich application results, strong factor attraction, strong policy support, and an ecological development trend.” At the press conference, the report announced the development of the Greater Bay Area in A series of achievements in the blockchain field.

The report shows that in 2021, there were 10,710 blockchain-related invention patent applications in mainland China, Hong Kong, Macao and Taiwan, of which 3,282 occurred in the Greater Bay Area, accounting for 31% of the total. In addition, the Greater Bay Area has published a total of 756 articles on blockchain topics. Compared with other world-class bay areas, the number has begun to clearly dominate.

In the context of unprecedented changes in a century, experts and scholars shared their thoughts on the value of blockchain. Famous economist, China (Shenzhen) ComprehensiveFan Gang, president of the Joint Development Research Institute, said that under the influence of international situations such as the epidemic and the Russia-Ukraine war, new changes have taken place in the international trade system and currency settlement system. Since the blockchain has the characteristics of privacy, mutual trust of real information, and no need to repeatedly verify duplicate information, it greatly improves transaction efficiency. In his view, with Internet technologies such as blockchain, and empowered by the open source ecosystem of large companies, more small businesses will use the platform to play a role.

Fan Gang, President of China (Shenzhen) Comprehensive Development Research Institute.

Therefore, the report believes that “the Greater Bay Area has sounded the clarion call for the rise of blockchain.” "The Guangdong-Hong Kong-Macao Greater Bay Area has the advantages of open markets, diversified needs, and talent gathering. The cutting-edge science and technology field represented by blockchain is actively innovating, achieving fruitful results, and the ecological development trend has been set. It has become the key to the development of blockchain at home and abroad. The new highland is pregnant with the strong development pulse and greater development future of blockchain and digital economy." Liu, deputy director of China (Shenzhen) Comprehensive Open Key Development Research Institute, said when releasing the report.

Expansion, integration and innovation of cutting-edge technology in "Xinjiang region"

Ma, Vice President and Chief Information Officer of WeBank.

This is an example of using blockchain across borders for trusted data.

Tang Jie, professor at the School of Economics and Management of Harbin Institute of Technology (Shenzhen) and former deputy mayor of Shenzhen, commented on the report and pointed out that currently, the application results of blockchain in the Guangdong-Hong Kong-Macao Greater Bay Area are already very rich. The number of projects ranks among the top in the country, and a number of leading blockchain companies are emerging, which can not only effectively solve the current problem of poor flow of people and the institutional differences caused by commodities and funds in the Guangdong-Hong Kong-Macao Greater Bay Area, but also contribute to the cross-border transfer of data elements. and cross-domain use. He believes that new technologies such as blockchain should actively explore usage scenarios in the Greater Bay Area, and encourage technology-leading companies to be open and open source to create a good ecosystem.

Therefore, the report states that "digital technology represented by blockchain has accelerated the integration of the Greater Bay Area."

This integration is reflected in the fact that technology is melting the ice of institutional differences, supporting the leap of the real economy, and empowering innovation in social governance. Among them, in terms of melting institutional differences, the "Bay Area Fintech Talent Chain" of the Guangdong-Hong Kong-Macao Greater Bay Area, WeBank's inter-financial institution reconciliation platform, Guangdong-cross-border data verification platform, port logistics and

Harbin Institute of Technology ( Liu Chuanyi, executive director of the Shenzhen Data Security Research Institute and professor of the School of Computer Science and Technology, also believes that one of the functions of the blockchain is to trace the source of the evidence, which cannot be tampered with or traced back. This function determines that it can become an important infrastructure in the digital age. “As a basic infrastructure, the blockchain should first be open source, and secondly the source code should be formally verified. In addition, the blockchain should be vertically open, and some important uses should be fed back to these infrastructures, thereby strengthening the sustainability of the infrastructure. Iterate to make this infrastructure clearer."

With the deepening of the connection between the rules and mechanisms of Guangdong, Hong Kong and Macao, the level of integrated development of the Greater Bay Area continues to improve. The report further pointed out that the shallow integration needs such as hardware docking, front stores and back factories, and gradient division of labor for the integrated development of the Guangdong-Hong Kong-Macao Greater Bay Area in the 1.0 era are being compatible with the systems of the 2.0 era., economic interdependence, social interconnection and other deep integration needs.

“The Guangdong-Hong Kong-Macao Greater Bay Area relies on cutting-edge technologies such as blockchain to realize the flow or utilization of trusted data in a multi-system environment, improve the efficiency and effectiveness of the flow of people, logistics, and capital, and significantly expand the economic hinterland, A 'Xinjiang region' that integrates innovation." The report pointed out.

Developing a "trust transfer machine" to help integrated development

"Blockchain, especially alliance chains, are recognized machines for transferring trust. Based on blockchain technology and individual-led distributed data transmission protocols, it can Effectively promote the flow of data elements and help the integrated development of the Greater Bay Area." As a representative of industry practice, Ma said when sharing.

According to its disclosure, WeBank has always regarded blockchain as one of the core technologies of financial technology, and in 2016 it took the lead in launching the blockchain alliance "Golden Chain Alliance" in the financial industry. It has always adhered to the concept of comprehensive security and controllability of blockchain technology, relying on the collaboration of the Golden Chain Alliance open source working group to create FISCO BCOS, the underlying open source platform of the financial alliance chain, to achieve localized support for the entire chain, which greatly accelerated the development of the Guangdong-Hong Kong-Macao Greater Bay Area. The development of the blockchain open source ecosystem. At present, WeBank, as the first digital bank in China, has accumulated 340 million effective individual customers and nearly 2.8 million small and micro enterprises.

Ma revealed that at present, the open source alliance chain ecosystem built by Weizhong Blockchain and many parties has gathered more than 3,000 institutions and enterprises and more than 70,000 individual members, successfully supporting finance, medical care, justice, agriculture, Hundreds of blockchain uses in multiple industries including manufacturing, and more than 200 benchmark uses supporting industrial digitization.

Currently, the blockchain in the Guangdong-Hong Kong-Macao Greater Bay Area is showing an ecological development trend, and the open and diversified blockchain ecosystem is accelerating its evolution. Gu Qingshan, assistant to the general manager of Shenzhen Zhangzhangtong Intelligent Technology Co., Ltd., pointed out that as the flagship financial technology incubated by Ping An Group, finance Zhang Tong has been deeply involved in financial technology for many years.

Has rich experience in the use of financial blockchain, and has deep accumulation in patents, localization, etc., which can meet the actual needs of financial institutions’ blockchain.

As a practical representative of the academic community, Pang Chuan, Vice President of Macau University of Science and Technology and member of the Macau Legislative Assembly, said that in addition to scientific research and serving society, the most important thing in academia is to cultivate talents. In June 2023, Blockchain Engineering (080917T ) has passed the registration and approval of undergraduate majors in general colleges and universities by the Ministry of Education, and the first batch of undergraduate graduates in blockchain engineering will be officially born in four years. In addition, Tsinghua University, Peking University, University of Science and Technology of China and other well-known universities are on the list of candidates for the national pilot program for innovative use of blockchain in the education field.

[Written by] Li Hualian

Related Q&A: How does the procuratorate investigate the bank statements of WeBank? The procuratorate only needs to go to the company to investigate the bank statements of WeBank. Under normal circumstances, the court cannot check the bank statements of the person subject to execution. If it is related to the case, it can apply for inquiry. The transaction of the person subject to execution may involve property other than the case, which may be inquired, seized, frozen, transferred, or changed in value by the people's court.It shall not exceed the scope of the person subject to execution's obligation to perform, so the court cannot inquire without legal authorization.

Ⅷ What is the development trend of blockchain, and what about Heshu Chain technology?

The development trends of blockchain are:
01. The blockchain industry is improving in the long term and the core value is Widely recognized;
02. Technology development is more pragmatic, with engineering and ecological construction becoming the focus;
03. Blockchain and privacy computing develop collaboratively;
04. Blockchain interconnection has become Focus, the future of value interconnection is promising;
05. The call for blockchain infrastructure is gradually rising, and the construction model still needs to be explored in depth;
06. Blockchain cannot conquer the world, and needs to cooperate with multiple technologies to complete digitalization Transformation;
07. The application of certificate storage takes the lead, gradually moving towards multi-party collaboration and value transfer;
08. The importance of the blockchain alliance business model is further highlighted;
09. Government support is still the future An important driving force for industrial development for a period of time;
10. As the scale of blockchain practitioners increases, the relative shortage of talents will continue to exist.

(8) Deeply exploring the development of the blockchain industry requires further reading:
Blockchain is a chain composed of blocks one after another. Each block stores a certain amount of information, and they are connected into a chain in the order in which they were generated. This chain is saved in all servers. As long as one server in the entire system can work, the entire blockchain is safe. These servers are called nodes in the blockchain system, and they provide storage space and computing power support for the entire blockchain system. If you want to modify the information in the blockchain, you must obtain the consent of more than half of the nodes and modify the information in all nodes. These nodes are usually in the hands of different subjects, so it is extremely difficult to tamper with the information in the blockchain. thing. Compared with traditional networks, blockchain has two core characteristics: first, data is difficult to tamper with, and second, it is decentralized. Based on these two characteristics, the information recorded in the blockchain is more authentic and reliable, and can help solve the problem of people's mutual distrust.
Blockchain is still mainly used for certificate storage. For example, the application of blockchain in supply chain finance, product traceability, trade finance and other fields has achieved certain results, but its application model is still based on documents, contracts, The main thing is the deposit certificate of the bill. As the industry application of blockchain continues to deepen, in order to further promote the role of blockchain in promoting the development of the real economy, in the future, we will focus on the development of multi-party collaboration and value transfer applications.
Blockchain is not just a technology, but also a concept and a cooperation model. Blockchain will connect upstream and downstream parties in the industry, and it is necessary to rely on the common interests of the alliance to bring together all participants. At present, there are two main organizational models of blockchain alliances, namely, core organization leadership and participating organizations co-governance. Both blockchain alliance business models also have their own pros and cons. For the long-term and stable development of the alliance, how to build and which kind to build The pattern also requiresThe industry continues to explore in depth.

Ⅸ How will China promote the development of the blockchain industry in the future

The blockchain industry is on the eve of its application explosion

As a kind of underlying technology, blockchain With the support of policy trends, more and more applications are being explored. At the 2019 Future Business Ecological Link Conference held recently, Zhu Youping, deputy secretary of the Party Branch of the China Economic Network Management Center of the National Information Center, pointed out that after 11 years of trial and error, the blockchain technology has basically become commercially available, and the industry has now reached an application explosion the night before.

Wu Xiaochuan, a senior expert in blockchain development at Zhongan Technology, told a reporter from the 21st Century Business Herald that the biggest difficulty in implementing the current blockchain industry is how to map the physical world and the blockchain world one by one. This requires a multidisciplinary effort to resolve. Internet of Things technology is an important part of it. With the support of 5G, cloud computing and other technologies, the future will bring more complements and support to the implementation of blockchain technology.

According to analysis agency Tractica, the global enterprise blockchain market will reach US$20.3 billion by 2025.

Key nodes in promoting technology and standards

Compared with other underlying technologies, blockchain has also gone through a relatively tortuous development process. In the integration of multiple technologies and the implementation of its own standards, There is still some way to go in terms of ranking.

In his speech at the aforementioned conference, Zhang Xiaojun, head of Huawei’s blockchain, pointed out that today’s blockchain technology is more like the development stage of the Internet in 2002-2003. If blockchain-related standards can mature in 2020, including cross-chain standards, storage standards, and standard data format storage, large-scale commercial use will be accelerated in 2021.

my country’s blockchain industry is still in its infancy, but with the continuous support of national policies, the continuous advancement of industry technology and the increasing demand in downstream application fields, my country’s blockchain industry is expected to continue to maintain high speed increase. In 2011, the market size of my country's blockchain industry was less than 6 million yuan. By 2018, the market size of the blockchain industry had grown to 67 million yuan, maintaining a rapid growth rate of more than 80%. It is expected that in 2022, driven by policy support and downstream demand, the market size of my country's blockchain industry is expected to exceed 450 million yuan.

China’s blockchain industry market size statistics and growth forecast from 2015 to 2022

Data source: Compiled by Qianzhan Industry Research Institute

“The biggest advantage of blockchain is security. Even financial transactions with high security requirements can be completed here, but The biggest shortcoming is low efficiency." Zhu Youping pointed out to the 21st Century Business Herald reporter that with the technology support of 5G and even future quantum computing, these weaknesses will be quickly made up for.

For more data sources and analysis, please refer to the "Business Model Creation of China's Blockchain Industry" published by the Qianzhan Industry Research Institute."In-depth Analysis Report on New and Investment Opportunities". At the same time, the Forward-looking Industry Research Institute also provides solutions such as industrial big data, industrial planning, industrial declaration, industrial park planning, and industrial investment promotion.