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『一』Tencent takes the lead in establishing the first international standard project for blockchain digital collections

Specifically, this international standard will apply to blockchain-based digital collection services. The standardization of technical architecture, technical processes, functional requirements and security requirements will help promote global recognition and consensus on the overall technical framework of digital collection services, enhance the value storage, value discovery and value transfer capabilities of digital collections, and promote digital collection services. Standardized application of collections.

It is reported that the International Telecommunications Union (ITU) is one of the three major international standardization organizations. Its members include more than 190 countries and more than 900 companies and academic institutions. It is the most influential and participating country and academic institution in the world. One of the most authoritative national standards organizations with the largest number of members. The successful establishment of this international standard project also marks that the technological exploration of my country's technology companies in the field of digital collections has been internationally recognized.

In fact, Tencent currently has rich practical experience in the field of digital collections. In July 2021, the Tencent Zhixin Chain team took the lead in launching the compliant and open digital collection technology service "Yuan Commodity Agreement" in China, which can accommodate various businesses to build a digital collection application platform based on the agreement. Only half a year after its launch, the Zhixin Chain team has successively supported the implementation of 30+ digital collection projects, including the "Fu" cultural digital collection project of the People's Cultural and Creative Industries, the public welfare digital cultural creation project of Dunhuang Research Institute, Tencent QQ music digital collection platform, Xiao Red Book R-SPACE collection platform, China Literature Digital Collection Platform, Tencent SSV “Dreams in Painting” digital charity project, etc.

At the same time, in terms of promoting compliance in the digital collection industry, Tencent has been actively advocating and participating in the formulation of various industry self-discipline conventions, white papers, and industry standards to promote the standardized development of the industry. In September 2021, Tencent took the lead in establishing a project and formulating the group standard of "Blockchain Technology Digital Cultural Creation Application Specifications" at the China Blockchain Technology and Industry Development Forum; on October 31, 2021, Tencent and the National Copyright Trading Center Alliance, The China Academy of Art, Ant Group and others jointly released the "Self-Discipline Convention for the Digital Cultural and Creative Industry"; on December 22, 2021, the "Blockchain-Based Digital Collection Research Report" with Tencent core participation was published by the China Academy of Information and Communications Technology in the Trusted Blockchain Published at the summit.

Reviewed by: Tan Lugang

『二』Why did Tencent respond to the application for blockchain trademarks such as Wavecoin

The official website of the Trademark Office of the State Administration for Industry and Commerce shows that Tencent Technology (Shenzhen) Co., Ltd. applied for multiple trademarks this month such as infcoin, Bodong Planet, Bodong Star, Bocoin, Qbanking, and LinkBanking.

Tencent Blockchain Business Structure Tencent Blockchain pays more attention to the implementation of scenarios, and has been involved in supply chain finance, games, legal evidence deposits, digital assets, public welfare tracing, logistics, Taxation and other areas were explored. In March this year, Tencent announced a partnership with China Logistics and Purchasing AllianceHehui is cooperating to develop the blockchain supply chain alliance chain and cloud order platform. Based on the cloud bill platform, electronic waybills will replace paper waybills, and electronic signatures will replace manual paper signatures. Blockchain technology will be used to make them distributed, encrypted, and non-tamperable to ensure the authenticity and security of waybill data. "Credibility, safety, efficiency increase, cost reduction". In May this year, Tencent and the Shenzhen Municipal State Taxation Bureau jointly established an “intelligent tax” innovation laboratory. The two parties are jointly promoting China's first blockchain-based digital invoice solution and exploring a new invoice ecology. They hope that every invoice can be checked, verifiable, credible and traceable, and use blockchain technology to The entire process of invoice circulation is managed, making the circulation of invoice data in all scenarios a reality.

Source; The Paper

『三』How Tencent responds to blockchain issues

Although Bitcoin has always had mixed reputations, the fundamentals that support its development The underlying technology blockchain is increasingly recognized and valued by all walks of life. At the beginning of 2018, the popularity of blockchain has rapidly escalated again. Not only small start-ups, but also giant companies such as Tencent, Alibaba, Internet, and JD.com have also increased their investment in blockchain.

Tencent’s blockchain applications are in the stage of gradually blooming in many areas. Blockchain technology has been applied in supply chain finance, Tencent Micro Gold, logistics information, and legal evidence storage. , public welfare recruitment and other fields. In addition, Tencent also launched the blockchain open platform BaaS.

Cai Yige also revealed that this year he will promote the combination of blockchain and supply chain finance and launch an open platform for supply chain finance. At the same time, we continue to explore and implement in areas such as ABS platforms and virtual digital assets.

『四』What kind of currency is Tencent Blockchain?

Answer: "Blockchain is a decentralized, trustless, distributed and consistent storage system. Tencent District Blockchain has not yet specifically defined what currency it is, but there are many blockchain-related exploration studies and services. Auditing is always an afterthought, but blockchain can intervene before and during the event. For example, in WeChat Pay, QQ Wallet , Financial Services, Q Coin and other financial businesses can establish blockchain wallets. Blockchain technology maintains continuity in time and openness in space, and ensures the traceability and traceability of information through systems and procedures. It is tamper-proof and forms a three-dimensional, transparent and true credit management system. Blockchain can essentially replace the responsibilities of many central institutions. Compared with humans, machines will never lie, so this is a possible opportunity for us in the future. ”
Another example is other industries: securities, P2P, personal resumes, education, hospital medical records, electronic invoices, etc., wherever credit risks and financial risks may occur, blockchain can be used for supervision. Even our internal systems can be designed based on blockchain concepts to improve security and governance. In the blockchain, trust and efficiency become two balancing factors. Pursuing maximum trust will lead to low efficiency. If you pursue maximum efficiency, trust risks will increase accordingly. every typeBlockchains have different characteristics and need to be selected based on business characteristics. No matter which type is adopted, user privacy and information security are the first consideration, which is the cornerstone of the entire system.

Tencent Cloud’s blockchain financial-grade solution integrates Tencent’s multi-party business including resources in many industry-leading fields such as payment, social networks, media networks, and credit reporting platforms, as well as in smart contracts. , mutual insurance, big data transactions and asset transactions, supply chain finance and supply chain management, can provide financial users with safe, reliable and flexible blockchain service technology support.

Blockchain first avoids the traditional cross-border payment, clearing and auditing and other financial aspects. The inter-bank settlement steps are relatively cumbersome, resulting in slow settlements from time to time, and the payment time is long and investment-intensive. The cost is relatively high. In the traditional insurance industry, the document process that insurance companies need to process takes a relatively long time, resulting in huge time costs. Secondly, in the field of mutual insurance in the field of crowdfunding, there are risks of cheating on the platform, difficult supervision, and opaque public welfare funds and accounts, resulting in the inability to transmit trust. The industry also needs the regulation and supervision of the financial transaction system.

With the popularization and application of the Internet, traditional finance has undergone the evolution of the informatization, networking, and digital era, and has far exceeded the traditional connotation of financial integration. The financial technology that drives financial development is being transformed by the mobile Internet, Application levels such as big data and cloud computing are further turning to the innovation level of underlying technologies such as blockchain. The huge strategic value of blockchain has also triggered competition in the global financial industry. Under the trend of the times, Tencent District The blockchain layout will have great achievements.

Tencent’s blockchain open platform has refined two service models, one is shared ledger and the other is digital assets. There are problems such as information asymmetry and low transmission efficiency between people. Sharing ledgers allows everyone to work together as equals to complete one thing. Tencent's blockchain has achieved joint application in multiple industries such as banking, insurance, securities, supply chain finance, etc. Blockchain is becoming a new open sharing gene in Tencent's eyes.
Looking forward to the day when our Internet will no longer be filled with confusing information that is difficult to distinguish between true and false, but an Internet full of vitality and trust, where information is truly open and transparent. This is the greatest meaning and value of blockchain.

『武』 When was Tencent’s blockchain team established?

A vigorous “blockchain movement” swept across like a wave, enveloping everyone around us. everyone. The debate surrounding blockchain has never stopped from last year to this year. Is blockchain the "spring of mankind" and "the antidote to the global economic collapse" as its advocate Chen Weixing said, or is it as its skeptic Zhu Xiaohu What he said is that "blockchain is a fake trend, and there is nothing left except currency speculation."

We believe that this industry needs standards, otherwise everyone will talk about blockchain for a long time, and the concepts they talk about are different. Some companies even claim to do blockchain by themselves, but they just use WithDatabase changes. With the authoritative standard of trusted blockchain, companies that are obviously trying to sell their products can be screened out, and companies that truly engage in blockchain technology can get endorsements.

CE: Faced with the problem of scarcity of talents in the blockchain field, how does Tencent solve it?

Cai Yige: Our technical talents are basically converted from within Tencent. The blockchain industry is very new, and few people have done blockchain. Just like the arrival of mobile networks back then, it was very difficult for you to recruit developers for Android and IOS. We all trained ourselves.

『Lu』 What are the applications of Tencent blockchain technology in our lives

Tencent blockchain has many applications in life. The most well-known ones are Blockchain electronic invoices, while Tencent Zhixin Chain is also involved in copyright protection and judicial certification. In addition, it has also made attempts in supply chain finance. It has jointly established supply chain finance with Lianyirong to solve the problem of difficult and expensive financing for small and medium-sized enterprises. Platform - micro enterprise chain. For detailed information, you can learn about it in Crypto Finance mimacaijing.

『撒』 How is the development of Tencent Blockchain? What are the scenarios where blockchain concept stocks have been implemented? Is it a new outlet for getting rich?

In the field of blockchain, Tencent Blockchain The speed of chain development is relatively fast. As early as 2015, the Tencent blockchain team has begun to pay attention to blockchain technology and conducted independent research and development. As of December 31, 2019, the number of Chinese invention patent applications related to Tencent blockchain reached 990, and in China Ranked first among applying companies. After several years of R&D and exploration, Tencent Blockchain has achieved good results in both the development of underlying technology and the construction of industrial ecology.

The development history of Tencent’s blockchain:

There are no technical problems, it’s just a question of whether to do it or not. ”

When asked what technical difficulties he encountered, Cai Yige, the head of Tencent Blockchain, answered this way. After thinking about it, he added that for theories such as secure multi-party computation and zero-knowledge proof, Technologies that have made breakthroughs in the past have not yet been engineered, which is an industry-wide problem.

For Tencent Blockchain, the bigger problem seems to be to find more scenarios. "Blockchain "Chain + supply chain finance" is a scenario that Tencent is promoting this year.

At the end of last year, the supply chain financial service platform Xingbei Cloud Chain was released, and its underlying blockchain technology is supported by Tencent Blockchain. In addition, Tencent also invested in Lianyirong, which was Tencent’s only strategic investment in supply chain finance.

Now that it has been almost a year, how is this scene and Tencent’s blockchain progressing?

Today, after the establishment meeting of the Blockchain Policy and Legal Research Group and the press conference of the "Blockchain and Supply Chain Finance White Paper", Odaily Planet Daily interviewed Cai Yige, General Manager of Tencent's Blockchain Business, and Lianyirong Company General Manager Ji Kun.

According to two disclosures, in less than a year of operation, the micro-enterprise chain platformThe transaction volume on the chain is estimated to be tens of billions, with 12 banks connected and more than 70 companies participating, involving industries such as energy, automobiles, and manufacturing. The current penetration supplier level is about level 1 and level 2, which can lower the interest rate by 2-8 points compared with traditional bank loans.

The micro enterprise chain platform is Tencent’s key case in supply chain finance. Tencent mainly provides the underlying technical infrastructure, including the underlying self-developed alliance chain, real-time clearing and account transfer capabilities; Lianyirong is mainly responsible for integrating resources and promoting the platform.

Supply chain finance is the leading scenario of blockchain, but its actual implementation is still very slow, which makes people doubt the substantial changes it brings. The two do not deny that this business is in a very early stage, and it will take some time to promote companies to join, but they both believe that "after joining the blockchain, supply chain finance will actually change a lot."

What Odaily Planet Daily wants to know more is, with the addition of supply chain finance after blockchain, will companies and financial institutions be more willing to join? And can this reduce the balance of small and medium-sized enterprise loans and increase the number of enterprises that receive loans?

“The biggest difficulty (in supply chain finance) lies in the participation of financial institutions, because they can only provide funds.” Ji Kun believes that the addition of blockchain can enhance banks’ willingness to enter supply chain finance.

In his opinion, the traditional banks of the four major banks are quite keen on the layout of blockchain. He said that supply chain finance itself is decentralized and the authenticity of underlying assets is very difficult to check. It is not mainstream in traditional financial institutions, and there was no way to achieve penetration before, so banks can only obtain the data of first-tier suppliers. But those in greatest need of financing may be second- and third-tier suppliers. Now blockchain + supply chain finance has changed the credibility of multi-level data circulation, strong credit cannot be split, and the synchronization efficiency of information, making it difficult for small, medium and micro enterprises in the supply chain to obtain loans from financial institutions in the past. Can get a loan. Banks have always wanted to do business with second- and third-tier suppliers. By joining the blockchain, institutions can better control their own data.

As for promoting enterprise use, Ji Kun said that it will take a certain amount of time for many enterprises to accept it. However, because the blockchain of supply chain finance mainly replaces the role of the original commercial paper, the circulation of the commercial paper itself There are some pain points, such as fraud, so they are relatively easy to accept.

When Odaily Planet Daily asked about how to ensure the authenticity of on-chain information, Cai Yige said that different information can be cross-verified, but he also believed that this was indeed a problem, using blocks The chain does not guarantee the authenticity of the information on the chain. Therefore, the first step of the micro-enterprise chain's assets is actually accounts receivable, and it is true to use invoices to protect the underlying assets. As the business systems of small and medium-sized enterprises become electronic, they will go deeper in the future.

He also added that blockchain can also improve the efficiency of information synchronization. "I think it's the control of information. It turns out that in a centralized situation, even if you have information, you can still tamper with it."

After talking about TencentWith blockchain being the focus this year, everyone naturally wants to know the future plans. However, Cai Yige’s answer was the same as at the beginning: “We can’t talk about plans. We will continue to think about the scenarios in which blockchain can exert value.”

About this development:

First, you must choose the right scene and be sure to find experts in this industry.

Second, it must be in line with the nature of technology and have commercial value.

Third, it must meet the needs of future development.

Fourth, the architecture must truly solve the problem and be fully integrated with other technologies.

The concept of blockchain should be a new trend. Specifically, make more use of Internet searches to increase knowledge. Internet search results-Tencent Blockchain Development will be put for you.

『8』 Tencent has entered the blockchain, will this be Tencent’s next connector?

By 2015, a new technology has emerged that is very likely to become the next connector. , that is, blockchain.
As the underlying technology of Bitcoin, blockchain has broken through the financial industry. Especially with the emergence of alliance chain technology, blockchain has the potential to become the core connection technology of "Internet+". At the Guiyang Big Data Expo in May 2015, Ma Huateng emphasized that "Internet +" is also a connection ability. Then, Tencent will naturally not be absent from the blockchain, which is the connector in the "Internet +" era.
WeBank, initiated and established by Tencent, has already begun to practice in exploring blockchain.
In May 2016, WeBank participated in launching the Financial Blockchain Cooperation Alliance (hereinafter referred to as: Golden Chain Alliance) in Shenzhen, China. In June, it launched an alliance chain cloud service based on Tencent Cloud. At the end of September, During the Shanghai Blockchain International Week, a cooperation agreement was reached with Wanxiang Group.

This series of signals shows that Tencent has entered the blockchain competition and is trying to build the blockchain into the next connector. (NetEase Finance)

Of course, other application scenarios of blockchain are also everywhere, such as the digital currency crowdfunding launched by Biying China; the asset custody system developed by China Post based on blockchain technology .

『九』What Tencent has done in the blockchain

Ma Huateng: Blockchain is OK; ICO is not OK

At the two sessions, Ma Huateng said that The topic of blockchain has been very hot recently, and some people even ridiculed that the Internet before blockchain was the "classical Internet". Although blockchain technology is innovative, how to make good use of this technology is another issue.

In Ma Huateng’s view, blockchain technology can be applied in many fields, especially in digitally authenticating the uniqueness of physical objects. Just like a document, a ticket, etc. in reality, blockchain technology can be used to ensure that they cannot be copied or tampered with. Compared with traditional IT technologies in the past, blockchain is of epoch-making significance in truly simulating the uniqueness of documents and receipts in real society.

About making digital currency ICO, Ma Huateng believes that there are still many risks. He said: "If everyone can use blockchain technology to issue digital currencies at will, it will cause a lot of regulatory issues."

For example, gold was tested during the Spring Festival in 2017 The red envelope project is Tencent’s attempt to use blockchain technology to record users’ digital assets. In terms of public welfare tracing, Tencent also uses blockchain technology to reduce the problem of information asymmetry.

In addition to finance and public welfare, Tencent also reached a cooperation with Intel in September 2017, announcing that the two parties would jointly develop blockchain technology to improve security protection capabilities in Internet of Things scenarios.