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Ⅰ How to effectively promote the innovative application of blockchain technology in the financial field
On February 24, the China Securities Regulatory Commission issued the document No. 03009 of the Fifth Meeting of the 13th CPPCC National Committee. Letter of reply to the proposal No. (Finance, Taxation and Finance No. 199). Proposed: According to the "Notice on Issuing the National Blockchain Innovation Application Pilot List" by the Cyberspace Administration of China, the People's Bank of China and the China Securities Regulatory Commission actively cooperated with the Cyberspace Administration of China to carry out the pilot work of the National Blockchain Innovation Application and took the lead in establishing the pilot list. Huaitai has established national pilot projects in the characteristic fields of "blockchain + equity market" and "blockchain + trade finance" to effectively promote the innovative application of blockchain technology in the financial field.
With the encouragement and support of multiple policies and financial regulatory authorities, it means that electronic signatures will become a digital business processing tool for financial institutions to realize online business. In the future, electronic signatures and electronic contracts have become the general trend!
Ebaoquan’s brand Junzizhuan, as a professional blockchain electronic signing platform in China, has been committed to creating a one-stop full ecological financial closed-loop service for financial institutions for many years, from signing to depositing certificates to lending. A complete set of mature, reliable and secure blockchain electronic contract solutions helps financial institutions reduce costs and increase efficiency while improving risk management and control capabilities and effectively promoting the development of online business.
In addition to mature and reliable solutions, Junzi Sign has also successfully applied blockchain technology in the financial industry.
At present, the Junzi Signing Platform has established cooperation with many large domestic banks and achieved efficient business development.
Open up authoritative institutions such as Internet courts, notary offices, judicial appraisal centers, and arbitration committees to create a judicial support service system in Qiangming Town, which can provide complete evidence storage, evidence consolidation, and evidence production services. Compared with paper contracts, it has More rigorous and safe legal effect.
II What are the key points of the underlying technological innovation of the blockchain
Hello, I am very honored to answer your questions here. The following are some of my opinions on this issue. If there are any mistakes, please point them out. 1. The so-called blockchain technology, referred to as BT (Blockchain technology), also known as distributed ledger technology, is an Internet database technology that is characterized by decentralization, openness and transparency, allowing everyone to participate in database records .
2. Blockchain is an innovative application model of computer technologies such as distributed data storage, point-to-point transmission, consensus mechanism, and encryption algorithm in the Internet era. In recent years, the development and application of blockchain have had a profound impact on technology. Innovation and industrial revolution are of great significance. This experience introduces relevant knowledge of blockchain technology.
3. Blockchain is a distributed ledger that can contain financial and/or non-financial transactions, replicated (distributed) across multiple systems in near real-time through a peer-to-peer network, and each participant "owns" the same Having a copy of the ledger and getting updates as any transactions are added, each participant helps determine the inherent "immutability" of all existing records, using cryptography and digital signaturesTo prove identity, authenticity and enforce read/write access, there are mechanisms in place to make it difficult to change the history and can easily detect someone trying to change it. Thank you very much for watching patiently. If it helps, please adopt it. I wish you a happy life! Thanks!
Ⅲ What is the most important thing about innovation in the blockchain field?
Technology is the first indicator of the long-term healthy development of all blockchain projects, so make value investments in the blockchain field The entrance to EVOLAB is technology. Only by understanding the importance of project technology can we solve the core aspects of value investment and find good projects.
IV How does blockchain application help enterprises to innovate their layout?
The "China Blockchain Industry Market Prospects and Investment Strategic Planning Analysis Report" pointed out: 2021-2026 Blockchain Market With a compound annual growth rate of 73%, the market size will reach US$16.368 billion in 2026, and in the next 20 years, the market size of China's blockchain industry is expected to reach the trillion level.
Under the strong market demand, the country has successively issued a number of policies to support the development of blockchain. Blockchain has been included in the digital economic industry and national key research and development plan of the "14th Five-Year Plan" national plan. So far, blockchain has The development of the chain has entered the fast lane.
As a pilot demonstration project of the Ministry of Industry and Information Technology (the only blockchain) in 2018 and a blockchain registration enterprise of the Cyberspace Administration of China in 2019 (the first batch), Yibaoquan has been deeply involved in the research and development of blockchain underlying technology since 2014. Application innovation, through the "blockchain + judicial + application" model, launched practical application products such as Junzi Sign, Micro Copyright, and Zhong Zhengbao. Through Junzishu, users can sign a contract in one minute. Off-site contracts can also be signed anytime and anywhere without printing or express delivery, and are managed efficiently. At the same time, it can also be permanently stored on the blockchain and filed simultaneously with judicial institutions to ensure legality and validity.
Through micro-copyright, it helps users quickly carry out blockchain certificate storage, copyright registration, network-wide monitoring and analysis, and network evidence collection. Copyright certificates can be issued as quickly as one day. Paper and electronic versions are supported, allowing users to Obtain proof of ownership and infringement evidence in one go.
Through Zhongzhengbao, we build an Internet notarization system and an Internet arbitration system for notary offices and arbitration committees respectively, provide online arbitration services to financial institutions, and help notary and arbitration businesses achieve comprehensive digital transformation and upgrading.
With its vast blue ocean market and professional and fully supporting solutions, Yibaoquan stands out from many projects
IV What are the technological innovations and applications of blockchain
1. Blockchain system
As the underlying technology of Bitcoin, the blockchain system generally consists of data layer, network layer, consensus layer, incentive layer, contract layer and application layer.
1. Data layer
The data layer encapsulates basic data and basic algorithms such as underlying data blocks and related data encryption and timestamps. It mainly describes the physics of the blockchain. The form is from the genesis block on the blockchainThe initial chain structure. It includes the block data and chain structure of the blockchain, as well as the random numbers, timestamps, public and private key data on the blocks, etc. It is the underlying data structure in the entire blockchain technology.
2. Network layer
The network layer mainly implements distributed network mechanisms through P2P technology, including P2P networking mechanisms, data dissemination mechanisms and data verification mechanisms. Therefore, in essence, the blockchain is a P2P network with an automatic networking mechanism, and nodes maintain communication by maintaining a common blockchain structure.
3. Consensus layer
The consensus layer includes consensus algorithms and consensus mechanisms. The consensus layer allows highly dispersed nodes to efficiently reach consensus on the validity of block data in a decentralized blockchain network. It is one of the core technologies of the blockchain and is also the governance mechanism of the blockchain community. There are currently dozens of consensus mechanism algorithms, including proof of work, proof of equity, proof of equity authorization, proof of burning, proof of importance, etc.
4. Incentive layer
The incentive layer mainly includes the issuance system and distribution system of economic incentives. Its function is to provide certain incentives to encourage nodes to participate in the security of the blockchain. Verification work, and incorporating economic factors into the blockchain technology system, incentivizing nodes that abide by the rules to participate in accounting, and punishing nodes that do not abide by the rules.
5. Contract layer
The contract layer mainly includes scripts, codes, algorithm mechanisms and smart contracts, and is the basis for blockchain programmability. It embeds code into the blockchain or token, and can implement customized smart contracts. When certain constraints are reached, it can be automatically executed without going through a third party, which is the basis for trustless blockchains.
6. Application layer
The application layer encapsulates various application scenarios and cases, similar to applications on computer operating systems, portals on Internet browsers, search Engine, e-mall or APP on mobile phone. It deploys blockchain technology applications on Ethereum, EOS, QTUM, etc., and implements them in real life scenarios. In the future, programmable finance and programmable society will be built on the application layer.
The data layer, network layer and consensus layer are necessary elements to build blockchain technology. Without any layer, it cannot be called blockchain technology in the true sense; the incentive layer, contract layer and The application layer is not a necessary factor for every blockchain application, and some blockchain applications do not completely include this three-layer structure.
From a business perspective, blockchain technology has its own characteristics, that is, it is sufficiently digital, it is cross-border, cross-time and space, and cross-organization. The flow of data has no boundaries, so the blockchain is distributed at the same time, it is self-organized and decentralizedof.
So the origin of blockchain and the application of any new disruptive technology have always had two routes, or two methods. One way is to regard it as a tool and use it to improve the traditional business model and obtain an improvement in marginal benefits. The other is to treat it as a system to reconstruct the underlying logic of business.
There is a good example of these two application methods in the past few years. When Internet companies are promoting "Internet+", we also see many traditional business organizations saying that it is not "Internet+", but "+Internet". So where are those people who shout "+Internet" now? Some people think that the Internet is just a technology used to improve it. Some Internet technologies can be added to traditional things. For example, if you use the Internet as email, you build an email system and think it is the Internet. But some people treat the Internet as a system and reconstruct the business from the bottom up. In the end, you will find that you are unemployed.
The second is decentralization. Why go to the center? Regional center technology in business has brought about business decentralization, which is an inevitable trend in history. Where is this trend? I think there are two points. One is economic globalization and entering version 2.0. Now through the Internet, it is no longer the company that is globalizing, nor the company turning itself into a multinational company, but the Internet is empowering any individual, so that it can sell its products through the Internet in a small county in China. worldwide. When economic globalization develops to personal globalization, solving point-to-point transactions and point-to-point services becomes a prominent issue. Then the real-time clearing and settlement and point-to-point transaction settlement brought by blockchain technology can just help the globalization of personal business activities.
The third is the digitalization of the economy. When data is collected to a certain extent, its circulation is basically across time and space. The demand for financial payments from commercial activities is carried with them anytime and anywhere, and it is impossible to provide scenario-based and virtualized payment settlement anytime, anywhere and on demand. Services will eventually be eliminated by technology and the market.
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Ⅵ What is blockchain technology and how does it change business and financial models
Blockchain technology is a distributed ledger technology that allows multiple participants to jointly maintain a secure, transparent and tamper-proof record on a decentralized network. Blockchain technology was originally designed for the digital currency Bitcoin, but is now widely used in many other fields.
The core features of blockchain technology include:
Decentralization: Blockchain has no central control agency, and data is distributed on various nodes in the network, which makes it decentralized. The centralization feature reduces the risk of single points of failure.
Transparency: Transaction records on the blockchain areAll participants are public and anyone can view these records. This helps increase trust and reduce the risk of fraud.
Immutable: Once a transaction is recorded on the blockchain, it cannot be easily modified or deleted. This guarantees data integrity and security.
Smart contracts: Transactions on the blockchain can be automatically executed to implement "smart contracts", which automatically execute corresponding operations when specific conditions are met. This helps simplify complex business processes and reduce costs.
Blockchain technology has had a profound impact on business and financial models, which is mainly reflected in the following aspects:
Reducing costs: Blockchain technology can reduce intermediary links and reduce costs. Transaction costs and operating costs. For example, by adopting blockchain for cross-border payments, remittance fees can be significantly reduced.
Improving efficiency: The automation and smart contract features of blockchain technology help improve the efficiency of business processes, reduce manual intervention, and reduce error rates.
Enhance trust: The transparency and non-tamperability of blockchain technology help to establish a reliable trust system, reduce the risk of fraud, and provide better protection for commercial activities.
Innovative business models: Blockchain technology has spawned many new business models, such as decentralized finance (DeFi), digital asset trading, supply chain finance, etc. These new business models have brought disruptive changes to existing industries.
In short, blockchain technology, as an emerging technical means, is gradually changing the landscape of business and finance. With the continuous development of technology and the in-depth promotion of applications, blockchain is expected to have a more extensive and far-reaching impact in the future
Ⅶ The top 20 blockchain projects were unveiled at the China Hi-Tech Fair and achieved remarkable results in technological and industrial innovation and development< /p>
From November 11th to 15th, the 22nd China International High-tech Fair (hereinafter referred to as the "High-tech Fair") was officially held at the Shenzhen Convention and Exhibition Center, with a total exhibition area of more than 140,000 square meters. There will be more than 3,300 domestic and foreign exhibitors, nearly 10,000 projects participating in the exhibition, and there will be more than 140 various activities.
The top 20 blockchain companies made a collective appearance at the Hi-Tech Fair
On the morning of the 11th, the exhibition hall was crowded with visitors and professionals. Yang Jianjun, deputy director of the Electronic Information Department of the Ministry of Industry and Information Technology, and Fan Shujian, deputy director of the Science and Technology Department, visited the booths of the top 20 blockchain projects during the tour and listened to the staff introductions to learn more about the latest progress of blockchain technology and its application in the industry. The actual situation of landing.
On October 24 last year, the country regarded blockchain as "an important breakthrough for independent innovation of core technologies." Over the past year, blockchain technology and industry development have also opened a new era, with demonstration applications emerging one after another. Yu Jianing, Rotating Chairman of the Blockchain Professional Committee of the China Communications Industry Association and President of Huobi University, said that the top 20 blockchains displayed this time were selected by multiple recommendation institutions based on industry development and after several discussions and surveys. ofRepresentative blockchain design projects with forward-looking, growth and practicality, covering blockchain underlying technologies such as alliance chains and distributed storage, as well as blockchain’s applications in manufacturing, agriculture, public welfare, justice, consumption, finance, and entertainment and other practical applications in real industries.
For example, in the field of blockchain infrastructure, the project on the list is the "Blockchain Service Network (BSN)" jointly launched by the National Information Center, China Mobile Communications Group, etc., for deployment and operation areas A global public infrastructure network for blockchain applications can change the current high cost problem of blockchain application development and deployment. In the field of public welfare, the public welfare tracing platform "Public Welfare Searching Chain" launched by Tencent Blockchain and the "Spark Love" project to build a blockchain public welfare ecological mutual aid platform are both on the list.
At the same time, the one-stop "blockchain + industry" service platform "Huolian Blockchain Platform" independently developed by Huolian Technology has also entered the top 20 blockchains. According to the needs of enterprise-level customers According to business needs, select the corresponding smart contract function modules, combine them, and quickly deploy them to enter the blockchain world with zero threshold.
Yuan Ruijuan, COO of Spark Love, a project on the list, said that blockchain technology can improve the current pain points of the charity industry. Xinghuo Love hopes to jointly apply blockchain technology and blockchain governance ideas to public welfare, and actively promote the exploration of the "blockchain + public welfare" field. With this exhibition at the Hi-Tech Fair, we hope that the public can understand blockchain The application of technology in public welfare practice management helps the development of domestic public welfare undertakings.
It is reported that the 2020 Top 100 Innovative Design List and the "Academician Expert Recommendation Plan" were launched in October 2020. It is sponsored by relevant central units and local governments and is widely and continuously carried out across the entire industry across the country. Series of activities. China Communications Industry Association Blockchain Professional Committee, Huobi University and Huobi Labs participated in the selection of the top 20 blockchain technology and application design categories as recommendation institutions.
Blockchain application enters a new stage
Blockchain technology is leading a new round of global technological change and industrial change, becoming the "source power" of global technological innovation and model innovation. Yu Jianing said that only when technological innovation and financial innovation are deeply integrated with the real economy and promote the development of the real economy can the value of innovation be fully realized. Only when blockchain is truly implemented in industrial scenarios can its intrinsic value be demonstrated.
As blockchain technology has been elevated to the national strategic level, blockchain was officially included in the category of "new infrastructure" in the first half of this year. With the support of various policies, the underlying technology of my country's independent intellectual property rights has ushered in a leap forward, and alliance chains, distributed storage, public chains, industry chains, government affairs chains, and custody chains have fully blossomed. Industrial blockchain and chain reform have become social consensus.
"Blockchain applications are about to enter a big explosion era in 2021." Yu Jianing said that this is mainly due to three reasons: First, physical assets will be widely "on-chain", and physical assets and DeFi on the chain will (distributedThe combination of blockchain technology and digital finance will further lead the way in empowering real industries with blockchain technology and digital finance; second, the digital renminbi will become a key tool for the digital transformation of enterprises, and the pilot will further drive the digital upgrade of the industry; third, the importance of data protection and digital identity It highlights that "new infrastructure" such as blockchain distributed storage will accelerate the historical process of identity digitization and digital assetization.
The Blockchain Professional Committee of the China Communications Industry Association is an affiliated organization of the China Communications Industry Association under the business guidance of the Ministry of Industry and Information Technology. It is the first national-level association in the blockchain industry organization in the country. As an industry educational institution focusing on blockchain applications and digital economic development, Huobi University has provided training for blockchain technology, market, operations and management talents. It is known as the "Whampoa Military Academy of the blockchain industry" and serves as a service for the region. The blockchain industry has cultivated a large number of innovative leading talents. Huobi Labs is committed to building a "blockchain innovation workshop" to provide funding, business, technology, market, human resources, legal, training and other related resources and services to innovative entrepreneurial teams that apply blockchain technology in the real economy.
It is reported that some of the top 20 blockchain companies in this selection also achieved excellent results in the big data and blockchain industry competition of the Innovation Nanshan 2020 "Entrepreneurship Star" competition held this year. It is also a high-potential star project in Huobi Labs Entrepreneurship Camp.
"Today is the year of great development and change in the digital economy. The popularization and application of blockchain will bring about a series of changes. New finance, new business, and new organizations are about to emerge. This time, we will bring blockchain The top 20 projects were unveiled at the China Hi-Tech Fair, hoping to demonstrate the current development results of blockchain technology to the outside world, help the public understand blockchain technology, and establish a broader mass base for promoting blockchain technology to empower the real economy." Yu Jia Ning said.
Attached: List of the top 20 blockchain technology and application design projects
This article comes from China Net Finance