区块链会大幅度增加贸易金融周期对吗,区块链会大幅度增加贸易金融周期对不对

近几年，随着区块链技术的发展，它已经开始在金融行业发挥着重要作用，并且可以显著减少贸易金融周期。因此，本文将讨论区块链如何减少贸易金融周期，以及它如何影响贸易金融系统。

一、区块链技术

区块链技术是一种分布式数据库，它可以将数据存储在多个节点上，这些节点由网络中的用户控制。它有一个特殊的特性，即每个节点都不会改变数据，而是使用共识机制，以确保数据的安全性和完整性。因此，区块链技术可以有效地减少贸易金融周期，从而提高贸易金融效率。

二、贸易金融周期

贸易金融周期是指从贸易发生到贸易清算的过程，它包括从订单确认到货物交付，以及从货物交付到支付清算的各个环节。传统的贸易金融周期通常需要很长的时间，而区块链技术可以有效地缩短贸易金融周期。

三、区块链对贸易金融的影响

区块链技术可以有效地提高贸易金融的效率，它可以更快地确认订单，更快地完成交易，并且可以更快地完成支付清算。此外，区块链技术还可以提高贸易金融的安全性，因为它可以防止客户信息泄露和账户被盗。另外，由于区块链技术拥有去中心化的特性，它可以消除贸易金融中的信任问题，从而更容易实现贸易金融的全球化。

总之，区块链技术可以大幅度减少贸易金融周期，提高贸易金融的效率，并且提高贸易金融的安全性。因此，区块链技术是一种有效的解决方案，可以有效地改善贸易金融体系。

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❶ What to do if the blockchain information is getting larger and larger

Over the past few years, with the vigorous development of Bitcoin, the number of Bitcoin transactions has increased, and a single block The block size has a maximum limit of 1MB, so the free space in the block becomes smaller and smaller. As shown in the figure, the median block size doubled in 2015, growing rapidly from 292KB in January to 749KB in December.

Bitcoin block size

The issue of expansion received full attention and discussion in 2015. Around June 2015, many expansion plans were launched one after another, represented by BIP100, BIP101, BIP102, BIP109, BIP248 and other plans (Table X).

Although various plans have been proposed, they can basically be divided into two categories: the long-term rule-based faction and the short-term shelving faction. The long-term allocation is ideal and rule-based. It is finalized in one go and no more fussing. The typical representative is BIP101/103, which sets a growth rule and no longer adjusts. The short-term group believes that the future is unpredictable and fixed rules are too simple and violent to solve problems. They hope to set up a short-term and multi-year plan to avoid it for the time being and put it on hold until the future. The representative is BIP100. However, due to the complexity of the voting process, it was later simplified to BIP102/ 109 and so on, while BIP248 has been postponed to 2020, and has simply doubled in recent years.

Since June 2015, after more than half a year of extensive and repeated discussions, the long-term rule-based faction has basically been completely defeated. After Pieter Wuille proposed Segregated Witness at the Bitcoin Hong Kong Scaling Conference in December 2015, the scaling issue has even been simplified to only an upgrade to 2MB, but it has been mired in debate about the implementation time.

A seemingly simple expansion technical issue has caused the Bitcoin community to spend more than half a year, hold several global technical conferences, and engage in countless private wars of words, but there is still no clear conclusion. The profound reason behind this is that raising the block limit value cannot truly solve the Bitcoin expansion problem. Scaling issue

In general, based on the understanding of the Bitcoin network, there are two divisions: clearing system and cash system.

Clearing system

The Bitcoin blockchain is a global, distributed, limited-capacity, expensive system. The value content of each transaction is different. When the block capacity is not enough, we should ensure that high-value transactions enter the block. High-value transactions have the willingness and ability to pay high enough network fees to obtain blocks with high enough priority.

As Bitcoin prospers, the number of transactions will become larger and larger. The limited block capacity will make it impossible for low-value transactions (such as sending 1 cent) to be included in the block because low-value transactions cannot be included in the block. May pay high network fees. In turn, the network degenerates into a clearing system, and low-value transactions are driven out. These transactions are handled by a third-party accounting system.system is performed instead of completed.

Before the emergence of the Lightning Network, third-party accounting systems were mainly off-chain wallet providers. Users trust a third-party wallet platform and deposit Bitcoins into it. Transfers between users on the same platform only bring about changes in account balances and do not generate Bitcoin transactions.

Cash system

The cash system means that all transactions should enter the block. When the block capacity is not enough, the block size limit should be increased in time to expand the system. Transaction blocking may occur in the short term, but in the long run all transactions should be able to be added to the block. Everyone enjoys the tremendous convenience and advantages brought by the Bitcoin system.

❷ Does blockchain really have development prospects?

Blockchain undoubtedly has development prospects, and the necessary conditions for development prospects are Enter the mainstream market.

Matt Spoke, founder and CEO of North American blockchain infrastructure The OAN (formerly Aion Network), published an article in Forbes on July 24 titled "In order to successfully enter the mainstream market, blockchain projects must "Eat Dog Food", in which Matt mentioned his views on how blockchain should enter the mainstream market - "Eat Dog Food".

In the technology circle, there is a jargon called "dogfooding" (also known as eating your own dog food), which refers to a company using its own products and becoming a user of its own products. Many high-growth companies (such as Microsoft, Facebook, Amazon, Apple, Netflix and Google) also use dog food to test products or help build credibility for their products. Although "eating dog food" is often used to find and fix bugs, it has another value: creating reliable use cases for the company's products.

This is worth learning from blockchain projects, because blockchain projects often hold the idea of ​​"if it is built, they (users) will naturally come" and habitually create new and interesting things. Responsibility for blockchain applications is given to third parties.

This attitude is so common that even the well-known blockchain summit Consensus 2019 (2019 Consensus Conference) also held a conference titled "Build it, they (users) will naturally come: Creating a global area" Blockchain Center's roundtable forum discusses how governments around the world can make efforts to attract blockchain projects while balancing regulatory, investment and innovation needs.

To be fair, this strategy may be effective for blockchains that only target cryptocurrency circles. For security tokens, especially exchanges that trade such representatives, this makes even more sense - "supply creates demand" is the usual thinking here, especially considering the complex infrastructure required to implement these transactions. .

In contrast, "eating dog food" is more likely to be used by blockchain project developers seeking mainstream audiences (such as those in the financial industry, manufacturing and supply chain, identity management, etc.) use.If blockchain technology wants to break into these mainstream fields, blockchain companies must first "eat dog food." This will not only clearly prove that blockchain technology is feasible outside the currency circle, but also highlight that blockchain can not only optimize existing use cases, but also create new use cases.

The OAN team has always adhered to this concept and relied on the technology stacks of The OAN and Aion built over the years to develop Moves, a financial technology platform for independent workers.

Matt said that when developing the Moves product, the team hopes that the relevant functions of The OAN blockchain network can be fully utilized, so the focus will be on the following three aspects:

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1. How to use The OAN blockchain network to improve the credit efficiency of products.

There are two main considerations for improving credit efficiency: 1) Can Zheng Lu learn from the mechanisms of the DeFi market to reduce capital costs; 2) Can blockchain technology be used to increase the external credit process for Moves? of trust. Here, Moves will form a "pooling of wisdom" mechanism, allowing everyone to contribute to reducing credit risks and increasing the credibility of the credit granting process, and may even develop a micro-guarantee mechanism in the future. Therefore, users will be able to participate in the market established by the platform as a borrower, lender or guarantor.

2. How to align the interests of products and users.

Specifically, by connecting Moves to The OAN network, and with the help of the digital asset Aion, a relationship of consistent interests is formed between the product and the user, so that users can experience Moves personally. Whether the product development is successful or not, you can also directly participate in the blockchain network that supports Moves - The OAN.

3. How to create a pioneering financial reputation data open system with Moves.

This open system may become a replacement for traditional credit scores or related mechanisms. For years, banks and financial institutions have used scores from Equifax, FICO or others as risk indicators, and the Moves team believes that the product it is building will be a good start - a better, more modern financial system. The beginning of the reputation system. This is a long-term goal.

Moves supports mainstream ride-sharing, food delivery and other gig economy concept platforms in North America and will be the flagship open application developed by The OAN on its blockchain network. In June, Moves' business operations expanded from Ontario to two more provinces - Alberta and British Columbia, and into Western Canada.

The various measures taken by The OAN team are all based on the spirit of "eating dog food" and working hard to allow blockchain technology to enter the mainstream market as soon as possible. Blockchain is not for the niche, but for the mainstream. In addition to The OAN team, blockchainMany projects and institutions in the industry are also moving towards this goal. Can you say that such an excellent and targeted blockchain has no development prospects?

❸ What will be the development trend of China’s blockchain in 2021?

Looking forward to 2021, the top-level design of my country’s blockchain will be further improved, application standards for various industries will be gradually established, and the development direction will be from Technology leads the way into market penetration; blockchain integration applications have begun to be implemented in many fields such as finance, supply chain, government affairs, etc., and the industrial scale will show rapid growth. However, many problems currently faced by the development of blockchain in our country still need to be focused on and started to be solved or alleviated in 2021. For example, the independent innovation capabilities of core technologies still need to be further strengthened, security issues and talent gaps need to be improved urgently, and integrated applications The scene still needs to be explored in depth. Therefore, CCID Research Institute proposed to accelerate the construction of the blockchain ecosystem, improve standards and regulations, improve the supervision system, strengthen the independent innovation capabilities of core technologies, promote the coordinated development of blockchain and other new technologies, and vigorously cultivate professional talents to achieve The blockchain industry is developing healthily.
Yibaoquan has been committed to the research and development and application independent innovation of blockchain since 2014. It is a blockchain electronics company that has maturely used blockchain technology to solidify and store electronic data and has been recognized by judicial authorities. Data storage and security agency. Through the pioneering "blockchain + judicial + application" model, with blockchain technology as the underlying technology and electronic data storage and preservation as the basis, we have launched intellectual property protection (micro-copyright), electronic contract signing (gentleman signature), Internet Notary System (Zhongzhengbao) has three application layer brands.
E-Baoquan jointly launched the "Preservation Chain" open platform in conjunction with the Notary Office, Arbitration Commission, Copyright Protection Center, CA Agency, etc. At the same time, it has connected with the Guangzhou Internet Court and the judicial chain involving more than 30 courts led by the Supreme People’s Court. Continuously improving the "blockchain + judicial" ecosystem, Yibaoquan can provide one-stop blockchain security services such as evidence collection, evidence storage, and certificate issuance for different groups.
Currently, it has obtained 15 independent invention patents, 27 copyrights, ISO 27001 information security system certification, Ministry of Public Security Level 3 certification, national double-high enterprise, and the 2018 National Ministry of Industry and Information Technology Industrial Internet Pilot Demonstration Project (the only Blockchain selected projects), and the first batch of domestic blockchain information service registration companies by the State Cyberspace Administration of China in 2019.

❹ What is the future prospect of the blockchain industry?

Main companies in the industry: Tianzhou Culture (300148), Meiya Pico (000607), Hua Media Holdings (300188), Digital Video (300079), Jinyun Laser (300220), Nantian Information (000948), Borui Communication (600880), Annie Shares (002235)

The core data of this article: Global blockchain market size, global area Regional distribution of blockchain investment and financing events

The scale of the global blockchain industry is growing rapidly, and application scenarios continue to expand

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According to IDC data, the global blockchain market will show steady growth in 2020, reaching US$4.31 billion. Affected by the new round of regulatory policies on the blockchain industry in European and American countries, the growth rate of the global blockchain market has declined compared with 2019, reaching 53.97%, and is expected to reach US$14.533 billion in 2023.

Equity investment events account for nearly 93%

In 2021, a total of 1,786 investments and financings occurred in the global blockchain. Among them, there were 1,659 equity investments, accounting for nearly 93% of the total investment and financing. In addition, there were a total of 64 mergers and acquisitions, 13 listings and 50 token financings.

Equity investments in the Americas, Europe and Asia are the most active

Judging from the regional distribution of the number of equity investment events, the Americas have the largest number of blockchain equity investments, with a total of 542 in 2021. Pens, accounting for 33%. Followed by Asia and Europe, accounting for 18% and 15% respectively, there is not much difference. Overall, the number of equity investments in the three continents of the United States, Europe and Asia accounts for more than 65% of the global blockchain investment and financing.

From the perspective of amount distribution, the amount of blockchain equity investment in the Americas in 2021 reached 128.975 billion yuan, accounting for more than 50%, reaching 56%. In terms of equity investment amount, Europe overtook Asia, accounting for 24% of the investment amount, which was double that of Asia (12%).

The United States "far surpasses Tongji"

At the national level, the United States ranks first with 484 equity investments and a total investment amount of 116.773 billion yuan. Far exceeding the second-placed China with 97 investments and 11.285 billion yuan, Singapore and the UK ranked third and fourth with 91 investments and 88 investments respectively. In addition, the number of equity investments in other countries is less than 50.

The above data refers to the "China Blockchain Industry Market Foresight and Investment Strategic Planning Analysis Report" by the Qianzhan Industry Research Institute.

❺ What to do if blockchain information is getting bigger and bigger

Don’t be afraid, embrace it actively. In the future, blockchain technology will definitely be used in all aspects of food, clothing, housing and transportation.

❻ Does blockchain have development prospects in the future?

A series of large companies such as Tencent and Alibaba are all trying to share and seize the blockchain cake. Do you think it has development prospects? Of course there is! Below are the top ten predictions of the China Academy of Information and Communications Technology on the global blockchain. I hope it will be helpful to you! !

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From the current market media information, we can see that blockchain information has occupied the major media landscape. It is not an exaggeration to say that it is in the center of the storm.

Why does the blockchain become so popular all of a sudden? Let’s talk about the currency circle. For example, a mainstream currency actually appeared a few years ago, but because the single value direction is not recognized by people, it is not It is worth entering the public eye. After several years of skyrocketing, it seems that some potential human nature has suddenly been activated. It is similar to buying a house. Everyone cannot understand it. It is tempting, explodes, and then activates greedy human nature. Then the information exploded all at once. Seeking knowledge is what everyone wants to know about how coins are produced and how coins are created. So this is how the term blockchain was discovered.

Back to the topic, there is a difference between the currency circle and the blockchain. The currency is just an extension of the blockchain, and the blockchain is the underlying development structure of the currency. Blockchain uses code architecture to build a data distribution architecture similar to a spider web. The information in each link is a storage node, which is different from the previous centralized information storage centers. If you want to modify one of the links, other storage information nodes do not allow it, and you cannot modify the underlying information. This kind of storage center Optimized information distribution is theoretically safer and has better information flow. Just like a house, the framework determines the layout of the house and the comfort of lighting. The principle of building the code architecture is also critical. The specific architecture of the blockchain There is currently not much reference information to what extent the utilization value can be achieved, but large companies have begun to make plans. Judging from the current popularity of the currency circle, the financial attribute field of blockchain is more attractive than other fields. .

The development prospects of the future blockchain are certain. If you want to understand the prospects of the blockchain field, you still need to have a deeper understanding of what the big guys in the current blockchain field are doing. For example, a certain investment giant What are V people doing using blockchain? The direction they are taking has set the benchmark for the development of this field to a certain extent.

I still advise that there are risks in certain coins, so do it and cherish it.

The prospects are great

Blockchain is called the next generation of disruptive core technology, and some scholars believe it will redefine the world. Our government also supports blockchain technology. All its codes are transparent and each personal information is stored on a separate chain. Compared with the current leakage of personal information, the emergence of blockchain will effectively solve this problem. Question, secondly, there are many other applications of blockchain, private messages that need to be understood!

The current public misunderstanding about blockchain is mainly due to the state’s jurisdiction over digital currencies. The emergence of digital currencies has greatly threatened legal tender. The state has no control over this uncontrollable currency. Supported! However, if digital currency can be effectively popularized in the future, this decentralized currency will be even better than legal currency in terms of security and cost.

Based on the above personal opinions, if you are interested in blockchain and digital currency, please feel free to chat in private!

Judging from the current situation, it is relatively simple for major Internet companies to test blockchain application functions and is still in its infancy. The real potential application space of blockchain (finance, government affairs, medical care, etc.) is still huge, and it will take time to slowly explore it. In the short term, it does not yet have the conditions for large-scale implementation. However, recently, major Internet companies have frequently deployed blockchain technology, which has played a positive role in cultivating and promoting blockchain in my country's market. Especially in the A-share market, it has attracted strong attention from investors. China Merchants Securities believes that through the conduct of major Internet companies, the audience of blockchain will gradually expand from niche players to the general public.

The current trend is good.

1. Distributed ledgers improve social efficiency.

2. Certain industries can reduce the need for intermediaries.

3. The development of storage and computing performance may bring more industry opportunities.

Bitcoin can solve these problems, and Bitcoin is BSV.

To be honest, the prospects are very good! If you want to talk about digital currencies like Bitcoin, I think the prospects are not great now. Firstly, because mining is now very difficult and it is basically difficult for individual users to mine it, but because the volatility is too high and the water level is too high. Deep down, investment is basically about losing more and making less. The money that can be made is miners and exchanges.

But blockchain is different. Blockchain is a technical and knowledge-based thing. It can be used in many aspects, such as shopping transactions, transportation and logistics, finance, insurance and many other aspects. It can be applied. Not many banks are now cooperating with Internet companies to develop blockchain.

Therefore, blockchain should have good application prospects in the future, mainly because the technology itself has many advantages and has a wide range of applications.

Blockchain definitely has development scenarios! Blockchain technology can be applied in many fields, including finance, insurance, and shopping transactions. And due to the advantages of the blockchain itself, decentralization, asymmetric encryption, etc. are a good way to solve the current trust problems in people's production and life. The future prospects of digital currency may not be great, but I think blockchain has huge room for development.

Qianzhan believes that China’s blockchain market will maintain rapid growth, with a compound annual growth rate of 73% in market size from 2021 to 2026. The market size in 2026 will reach US$16.368 billion, and in the next 20 years , China’s blockchain industry market size is expected to reach the trillion level.

China’s blockchain industry market is developing rapidly

From 2017 to 2020, large IT Internet companies have deployed blockchain, and start-ups have entered the well.Spray model, the industry scale continues to expand. According to IDC data, China's blockchain industry has experienced changes from a US$85 million-level market size in 2017 to a US$561 million-level industry scale in 2020.

In terms of the number of enterprises, in 2020H1, my country provided blockchain professional technical support, products, solutions and other services, and the number of new blockchain enterprises with input or output reached 303, a year-on-year increase of 274.07 %.

China’s blockchain patents account for a large proportion of the world, and the industrial aggregation effect is beginning to show.

From the perspective of the global competition landscape, my country’s competitive advantages in the blockchain industry are relatively obvious. Judging from the number of patents, according to data from the "Global Enterprise Blockchain Invention Patent Ranking in the First Half of 2020" released by IPRdaily, the world's authoritative third-party intellectual property agency, and the incoPat Innovation Index Research Center, the TOP 100 companies mainly come from 14 countries and regions. , China accounts for 46%, followed by the United States accounting for 25%.

As an important carrier for the development of blockchain industrial clusters, local governments are accelerating the construction of blockchain industrial parks. Judging from the location distribution of industrial parks, there are a large number of blockchain industrial parks in cities such as Beijing, Shanghai, Hangzhou, Guangzhou, Chongqing, Qingdao, and Changsha, forming a Bohai Rim agglomeration effect dominated by Beijing and Shandong, with Zhejiang and Shanghai , the agglomeration effect of the Yangtze River Delta dominated by Jiangsu, the agglomeration effect of the Pearl River Delta dominated by Guangdong, and the agglomeration effect of Hunan, Guizhou, and Chongqing dominated by Chongqing and Hunan. In the future, China's blockchain industry is expected to accelerate development relying on the aggregation effect.

The blockchain financial field is the most widely used

my country's blockchain industry applications are mainly distributed in finance, supply chain, traceability and hardware, accounting for nearly 65%. According to the "Blockchain Blue Book: China Blockchain Development Report (2019)", there are nearly 28,000 blockchain companies in the country. Among them, about 1,000 blockchain companies have been put into production, accounting for only 3.6%. They are mainly concentrated in developed eastern regions such as Beijing, Shanghai, Guangdong, and Zhejiang.

The market capacity of the blockchain industry is expected to reach trillions in the future

Blockchain technology is a key direction for China’s new generation of independent innovation breakthroughs in information technology, and contains huge space for innovation. In the fields of chips, big data, cloud computing and other fields, innovation activities are becoming increasingly active, and innovation elements are constantly accumulating. The application of blockchain technology in various industries continues to deepen, which will give rise to a large number of new technologies, new products, new applications, and new models.

China focuses on accelerating the transformation of its economic development model, pays more attention to the improvement of economic quality and people's living standards, and uses new generation information technology, including blockchain technology, to transform and upgrade traditional industries and enhance the quality of traditional industries. Develop quality and efficiency, and improve the level of smart social management, public services and home life.

The huge market demand in the future will be for blockchainChain technology brings rare development opportunities and broad development space. Researchers compiled and analyzed that China’s blockchain market will maintain rapid growth, with a compound annual growth rate of 73% in market size from 2021 to 2026. The market size in 2026 will reach US$16.368 billion, and in the next 20 years, China’s blockchain market will The industry market size is expected to reach the trillion level.

—— For more data, please refer to the "China Blockchain Industry Market Foresight and Investment Strategic Planning Analysis Report" by the Qianzhan Industry Research Institute

At present, the country also strongly supports the development of blockchain Technology is expected to be applied in various fields, so now some large companies, such as Tencent, Alibaba, NetEase, and the Internet are involved. It is still in the development stage, and we can look forward to the future

Blockchain Economy It cannot be simply understood as various virtual currencies. The essence of blockchain is to solve the problem of authenticity, confidentiality and non-tampering of information. (Everyone participating is a recorder of information, and everyone is just a part of the entire information chain. Ring) It more effectively solves the problems of privacy and integrity, so its application scenarios and prospects are broad and promising. (But it should not become a paradise for scammers)

❼ 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 its core values ​​are generally 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 the focus, and 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 digital transformation;
07. The application of certificate storage takes the lead, and gradually moves towards multi-party collaboration and value transfer;
08. The importance of the blockchain alliance business model further increases Highlight;
09. Government support will still be an important driving force for industrial development in the future;
10. As the scale of blockchain practitioners increases, the relative shortage of talents will continue to exist.

(7) Blockchain will greatly increase the number of transactions. Extended 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. ofthing. 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 model also requires continued in-depth exploration by the industry.

❽ The future of blockchain is a major trend

Blockchain uses P2P technology, cryptography and consensus algorithms and other technologies, and has the characteristics of non-tamperable data, collective system maintenance, and open and transparent information. and other characteristics. Blockchain provides a mechanism for information and value transfer and exchange in an untrusted environment, and is the cornerstone of building the future value Internet.

Trend 1: The application of blockchain industry is accelerating, penetrating and spreading from digital currency to non-financial fields

As a universal technology, blockchain technology has expanded from digital currency to non-financial fields. Accelerate penetration into other fields and integrate innovatively with all walks of life. We believe that future blockchain applications will be driven by two camps. On the one hand, the IT camp starts with information sharing and focuses on establishing credit at low cost, gradually covering areas such as digital assets. On the other hand, the cryptocurrency camp starts from currency and gradually advances to the fields of asset management and certificate depository, and spreads to credit reporting and general information sharing applications.

Trend 2: Enterprise application is the main battlefield of blockchain, and alliance chain/private chain will become the mainstream direction

At present, the actual application of enterprises is concentrated in the field of digital currency, which belongs to virtual economy. We believe that future blockchain applications will move from virtual reality to reality. More traditional enterprises will use blockchain technology to reduce costs, improve collaboration efficiency, and stimulate the growth of the real economy. This will be the main battlefield for blockchain applications in the future.

Unlike public chains, in enterprise-level applications, everyone pays more attention to factors such as blockchain control, regulatory compliance, performance, and security. Therefore, we believe that strong management blockchain deployment models such as alliance chains and private chains are more suitable for enterprises to use in application implementation and are enterprise-level applications.mainstream technology direction.

Trend 3: Applications have spawned diversified technical solutions, and blockchain performance will continue to be optimized

In the future, blockchain applications will develop from single to multiple directions. Different applications such as billing, payment, insurance, and supply chain will be highly differentiated in multiple dimensions such as real-time, high concurrency, latency, and throughput. This will lead to a diverse range of technological solutions. We believe that blockchain technology is far from finalized and will continue to evolve in the future. There is room for efficiency improvement in technical aspects such as consensus algorithms, service sharding, processing methods, and organizational forms.

Trend 4: Blockchain and cloud computing are increasingly integrated, and BaaS is expected to become a public trust infrastructure

Cloud computing is the general trend. We believe that the combination of blockchain and cloud is also an inevitable trend. There are two models for the combination of blockchain and cloud, one is blockchain on the cloud, and the other is blockchain in the cloud. The latter one, namely BaaS, Blockchain-as-a-Service, refers to the cloud service provider directly providing blockchain as a service to users. In the future, cloud service companies will increasingly integrate blockchain technology into the cloud computing ecological environment. By providing BaaS functions, they can effectively reduce the deployment cost of enterprise application blockchain and lower the initial threshold for innovation and entrepreneurship.

Trend 5: Blockchain security issues are becoming increasingly prominent, and security protection requires overall technical and management considerations

From a mathematical perspective, the blockchain system is almost perfect. It has the advantages of openness and transparency, difficulty in tampering, reliable encryption, and resistance to DDoS attacks. However, from an engineering perspective, its security is still restricted by infrastructure, system design, operation management, privacy protection, and technology update iterations. In the future, we need to consider the overall situation in terms of technology and management, and strengthen basic research and overall protection to ensure application security.

Trend 6: The cross-chain demand for blockchain is increasing, and the importance of interconnection is highlighted

With the deepening of blockchain applications, payment and settlement, logistics traceability, medical records Enterprises or industries in areas such as identity verification and identity verification will establish their own blockchain systems. We believe that cross-chain collaboration and interoperability among these numerous blockchain systems is an inevitable trend in the future. It can be said that cross-chain technology is the key to blockchain realizing the Internet of Value, and the interconnection of blockchains will become an increasingly important issue.

Trend 7: Blockchain competition is becoming increasingly fierce, and patent competition has become an important area of ​​competition

As participating entitiesWith the increase of blockchain technology, the competition in blockchain will become increasingly fierce. The competition is all-round, including technology, models, patents and other dimensions. We believe that in the future, companies will strengthen their layout in blockchain patents. Since 2014, the number of blockchain patent applications has exploded. Blockchain patents are mainly distributed in the United States in North America, the United Kingdom in Europe, and China and South Korea in Asia. This pattern will be maintained in the future. The patent gap between China and the United States is narrowing, and China’s number of applications in 2016 has surpassed that of the United States. It is foreseeable that the competition for blockchain patents will become increasingly fierce in the future.

Trend 8: Blockchain investment continues to be popular, and the cumulative risks of the token crowdfunding model deserve attention

Blockchain has become a hot spot pursued by the capital market. Future investment will continue the rising trend from 2014 to 2016. Different from financing models in other technology fields, a model called "token crowdfunding" has emerged in the blockchain field, namely Initial Coin Offering (ICO), which is a type of crowdfunding for startups to issue tokens and raise funds. Way. As the transaction volume of token crowdfunding increases, risks such as lack of review, huge value fluctuations, and being on the edge of regulation for many projects will increase, which deserves attention. This afternoon, a group of friends chatted with me privately and asked about the so-called golden chain, which needs to rely on the model of 1 pass 2, 2 pass 4, 4 pass 16 to obtain income. This is an obvious pyramid scheme to attract people, but there are still many people who just Friends who have entered the currency circle and have just learned about blockchain will be deceived. I hope they can understand the essence and be responsible for their own funds!

Trend 9: Blockchain technology and supervision are in conflict, but the contradiction is expected to be further reconciled

The decentralization, disintermediation and anonymity of blockchain are in line with its tradition The corporate management and government regulatory systems are not coordinated. But we should also see the opportunities that blockchain brings to supervision. We believe that in the future, companies will actively cater to regulatory needs and proactively build in regulatory requirements in technical solutions and model designs. They will not only achieve compliant operations, but also significantly save the cost of regulatory compliance. We also believe that in the future, regulatory authorities around the world will also embrace blockchain, a new regulatory technology, and use new technology to improve government regulatory efficiency.

Trend 10: Trustworthiness is the core requirement of blockchain, and the importance of standards and specifications is becoming increasingly prominent

In the future value delivery network based on blockchain, We will use algorithms and software entirely to build a foundation of trust. But we believe that this is far from enough. Standards are also needed to add credibility to the blockchain. In the future, blockchain standards will start from the user's perspective and be business-oriented, standardizing the technology and governance of blockchain from the dimensions of smart contracts, consensus mechanisms, private key security, permission management, etc., and enhancing the efficiency of blockchain. The degree of credibility adds weight to the trust of the blockchain.

Summary

The above are the ten major trends summarized. To summarize, there are four points: First, blockchain is the foundation of the value network and has gradually become an indispensable part of the future Internet. Second, as application scenarios become increasingly abundant, applications will drive the continuous improvement of blockchain technology, and the integration of blockchain and cloud will become increasingly closer. Third, although the blockchain is mathematically complete, there are also security issues. In the future, security needs to be strengthened from the engineering and management levels, and standards are also needed to improve credibility. Fourth, blockchain technology will gradually adapt to regulatory policy requirements in the future and gradually become an important tool for regulatory technology.

❾ How is blockchain developing now

In 2020, blockchain was included in the category of “new infrastructure” by the country, and at least 7 provinces introduced blockchain support policies . In the same year, blockchain technology was gradually moving from concept to implementation, with many application scenarios blooming. "Blockchain+" various industry applications have become a symbol of the continuous maturity of blockchain.

The development status of "Blockchain+" in 2020

In 2020, the COVID-19 epidemic swept the world, and the uncertainty of world economic development increased significantly. Governments and enterprises of various countries are exploring the use of emerging technologies to reduce economic and social operating costs, improve the operating efficiency of the real economy, and further find new growth points for economic development.

At present, blockchain is cross-innovating with new technology infrastructure such as cloud computing and artificial intelligence. More and more vertical fields of the real economy are showing the development pattern of "blockchain +" and "escape from reality". The good momentum of "Towards Reality".

In order to avoid turning reality into fiction, in addition to continuing to severely crack down on speculation, we must also guide the deep integration of blockchain technology with practical application scenarios. Therefore, "blockchain+" various industrial application scenarios have become one of the inevitable trends in the development of blockchain.

According to the "Blockchain White Paper (2020)" recently released by the China Academy of Information and Communications Technology, as of October 2020, more than 262 listed companies have been involved in the blockchain field, each from insurance , real estate, commercial department stores, security equipment, packaging materials, telecommunications operations and other 39 fields. In the blockchain information service registration list released by the State Internet Information Office, there are 45 listed company blockchain projects.

Among them, finance is the most explored scenario among blockchain technology application scenarios, with specific projects implemented in subdivisions such as supply chain finance, trade finance, payment and settlement, and fund management. The white paper shows that as of November 2020, among the domestically registered blockchain information services, the number of projects in the financial (including supply chain finance) field ranks first, accounting for as high as 36%.

As the implementation of blockchain applications accelerates, "blockchain +" business has become the focus of development for Internet backbone enterprises to enter the blockchain industry. In addition to financial business, they actively deploy the Internet, traceability, supplyApplications in chain & logistics, digital assets, government affairs and public services, intellectual property, law, medical and other fields.

At the same time, the industry is gradually understanding that blockchain is the basic component of trusted transactions, but this does not mean that blockchain can conquer the world. Blockchain needs to be combined with other technologies such as artificial intelligence, Internet of Things, big data, 5G, etc. to use synergy to form integrated solutions to jointly promote digital transformation.

According to relevant data, the current application of blockchain is mainly in the field of certificate storage. Blockchain has entered into how to make it better from an engineering perspective, more credible, more stable, and more scalable. Well, a stage that can accommodate more nodes. He Baohong, director of the Institute of Cloud Computing and Big Data of the China Academy of Information and Communications Technology, believes that this process will continue for some time or longer. In the next step, blockchain technology competition will shift from engineering optimization and improvement to technology ecology and business ecology.

In addition, it is understood that the blockchain industry is improving in the long term, and industry cognition has returned to rationality. With the central government's planning and guidance for the development of blockchain technology, my country's blockchain has clarified the development ideas based on the alliance chain, focusing on serving the real economy and optimizing public services, and the direction of industrial development has become clearer. At this stage, the confidence of the majority of practitioners in blockchain continues to improve, and the long-term strategic value of blockchain is generally recognized.

What is the prospect of "Blockchain+" in 2021?

As my country’s blockchain industry chain gradually improves, most blockchain companies not only focus on one aspect, but also show a trend of coordinated development in multiple fields. According to statistics, among the 801 blockchain information service registration lists released by the Cyberspace Administration of China, Beijing, Guangzhou, Shanghai, Zhejiang, Jiangsu, and Shandong are the provinces and cities with the most registered companies.

The core role of blockchain corresponding to its technical characteristics is mainly reflected in the three aspects of certificate storage, automated collaboration and value transfer. As its value potential is constantly being explored, application scenarios have evolved from the breakthrough point of finance. , and gradually expanded into many fields such as the real economy, government affairs and people's livelihood.

The core value of blockchain for the real economy is to promote efficient collaboration between upstream and downstream industries and improve the efficiency of industry-finance integration. In the early stages of development, the blockchain application model mainly focused on the storage of documents, contracts, etc. At this stage, blockchain industry applications are gradually moving towards automated collaboration and value interconnection such as government data sharing, supply chain collaboration, and cross-border trade.

2020 is the warm-up for 2021. In 2021, the use of blockchain, distributed ledgers, and smart contract tools will continue to grow as it did in 2020. With the continuous deepening of blockchain technology, the foundation of the blockchain industry will become better and better, the industrial ecology will also develop rapidly, and the industrial chain will become increasingly widespread.

From the perspective of industrial structure, the blockchain industry is mainly divided into four parts: underlying technology, platform services, industrial applications, and peripheral services.

The first three parts show a relatively obvious upstream and downstream relationship. The underlying technology part provides the necessary technical products and components of the blockchain, and the platform service department provides the necessary technical products and components for the blockchain.Based on the underlying technology, we build a blockchain platform that can run corresponding industry applications. The industrial application part mainly uses blockchain technology to develop industry applications based on the actual scenarios of each industry and realize the innovation of business collaboration models within the industry.

The peripheral services part provides supporting services to the industry, including industry organizations, market research, standard formulation, system evaluation and certification, industry media, etc., to provide impetus for the development of industrial ecology.

Among them, as far as the industrial application of blockchain is concerned: Blockchain is the innovative development result of information technology, and it is also the main booster for the reconstruction of business processes and the innovation of industrial interaction models in various industries.

Blockchain has gradually expanded from the initial digital finance to supply chain finance, product traceability and other fields. Now it has been explored and applied in government affairs, people's livelihood, industrial management and other industries, and its application scenarios are becoming increasingly rich, presenting It has shown a development trend of deep integration with other industries.

At present, domestic enterprises are focusing on the development of applications related to serving the real economy and improving government affairs and people's livelihood. Among them, supply chain finance and product traceability have accounted for half of all applications. Others, such as government affairs and people's livelihood, have become the future of manufacturers. Key layout areas are about to experience explosive growth.

After blockchain investment cooled down in 2020, the blockchain industry may begin to gradually become more rational in 2021. However, a relatively complete industrial chain and active market entities provide a good foundation for the integrated development of the blockchain industry. The blockchain industry will also show a positive development trend in terms of policy support, ecological construction, platform services, application implementation, and integrated innovation.