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1. How is the blockchain developing now?

In 2020, the blockchain was included in the category of "new infrastructure" by the country, and at least 7 provinces introduced blockchain Chain support policy. 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.

Currently, 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 blockchain projects of listed companies.

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, Applications in supply 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 Bao, Director of the Institute of Cloud Computing and Big Data, China Academy of Information and Communications TechnologyHong believes that this process will continue for some time or longer, and the next step is for blockchain technology competition to 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 respectively. The platform service part builds an area that can run corresponding industry applications based on the underlying technology. The industrial application part of the blockchain platform mainly uses blockchain technology to develop industry applications based on the actual scenarios of various industries 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 moved from digital finance to supply chain finance, product traceability and other fields.Expanding, it has now been explored and applied in government affairs, people's livelihood, industrial management and other industries. Its application scenarios are becoming increasingly rich, showing 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.

2. I would like to ask: Is the blockchain project OLO worth investing in?

It is worth it.

The blockchain system is jointly maintained by everyone and does not require special consumption of manpower and material resources. The decentralized structure greatly reduces costs. At the same time, the disclosure of data makes it almost impossible to make false accounts. Blockchain is backed by mathematical algorithms, and its rules are based on an open and transparent mathematical algorithm, which can allow people with different political and cultural backgrounds to gain consensus and achieve cross-regional mutual trust.

In addition to building a currency system, blockchain also has many application opportunities in the pan-financial field. Based on the programmable characteristics of blockchain, people try to add smart contracts to the blockchain system to form programmable finance, of which smart contracts are the representative.

(2) Is Huawei’s 5G blockchain worth investing in? Extended reading:

Notes:

Users’ requirements on the platform Valid behaviors, such as consumption behaviors, are recorded on the blockchain. At the same time as the rights are confirmed, the corresponding data rights certificate OLO is allocated to the user. OLO can be used to exchange for goods and services in the entire ecosystem, and can also be exchanged with other mainstream digital currencies for cash. Such an incentive method encourages users to contribute more valuable data.

Small and medium-sized enterprises join the ecosystem through API interfaces and use OLO to purchase large users, big data, and large traffic, thereby achieving precision marketing and expanding enterprise scale. Throughout the entire process, user data is desensitized, so there is no need to worry about privacy leaks. Ultimately, a big data trading platform is built for users and enterprises to share interests and appreciate value, bridging the business model gap between users and enterprise development.

As a pass (same as token) backed by data assets, OLO represents the value of big data that continues to accumulate. The more data accumulates, the more valuable it becomes, so OLO itself has value.

3. Blockchain has been elevated to a strategic level, and cloud computing + 5G will benefit in the long term (shareholding)

Blockchain has been elevated to a national level, and “blockchain must be regarded as the core” An important breakthrough for independent technological innovation, accelerating the promotion of blockchain technology and industry"Innovation and development of the industry". This is undoubtedly heavy news for the blockchain concept sector. Blockchain, digital currency and other concept stocks are ushering in a super trend.

Blockchain is a new addition to existing mature technologies. An organic combination, its core technologies mainly include distributed ledgers, consensus mechanisms, smart contracts and cryptography, thereby realizing a chained data structure that is difficult to tamper with.

The physical basis for building a blockchain is distributed The ledger is an independent and complete data storage in multiple network nodes. In order to solve the consistency authentication of distributed systems, consensus algorithms are introduced at the system level. The most widely used ones include PoW and PoS (mainly used in public chain systems such as Bitcoin). , supporting the issuance of tokens, which consumes a lot of computing power), and PBFT (mainly used in alliance chains or private chains, no tokens are required).

Tianfeng Securities research report pointed out that blockchain technology The characteristics of the system directly drive the communication industry chain in three aspects:

1) Computing power drives demand for servers and data centers;

2) Distributed storage drives public cloud /Private cloud demand, and blockchain applications will also accelerate the progress of enterprises in cloud computing, creating long-term demand for cloud computing, IDC, switches/servers;

3) Low latency and high speed 5G network is An important way to solve the low transaction rate of blockchain.

Tianfeng Securities pointed out that the application and deployment of blockchain will bring demand to many aspects of the communications industry. Specifically:

1) In the public chain mode, the consensus algorithm requires a large amount of computing power support. Currently, the equipment used in consensus calculation is mainly servers (mining machines), which will generate a large number of server demands and drive the growth of IDC demand.

2) In both public chain and alliance chain modes, blockchain requires a large number of distributed nodes to store ledger information, which will bring about public cloud/private cloud storage requirements. Further improve the performance of cloud computing, IDC and switches/servers. Long-term demand.

3) Due to the characteristics of the distributed architecture of the blockchain, different node computing capabilities, network conditions and other factors lead to low blockchain transaction speed (Bitcoin network 7 transactions/second, Ethereum network (15 transactions/second, which is significantly lower than VISA’s peak of 56,000 transactions/second and Alipay’s 256,000 transactions/second). In order to solve transaction congestion and rising costs in blockchain-scale applications, high-performance networks have become an important link. 5G network Its high speed, low latency characteristics, and natural large-scale edge node resources perfectly meet the needs of blockchain technology.

Blockchain technology has been promoted to the level of an important breakthrough for independent innovation, and the industry Investment, R&D and implementation progress are expected to continue to accelerate. Tianfeng Securities believes that as the core of blockchain deployment and operationAs a core carrier, the communications industry chain is expected to benefit in the long term. Specifically:

4. What business opportunities can the arrival of 5g bring?

The arrival of 5g can bring: blockchain, Artificial intelligence brings business opportunities in fields such as intelligence, virtual reality, and driverless driving.

1. Blockchain. Nowadays, the development of blockchain is in full swing, and its implementation is one of the major trends in future development.

2. Artificial intelligence. I am personally more optimistic about artificial intelligence products, which involve the Internet of Things technology and are likely to replace traditional furniture in the future.

3. Virtual reality. AR and VR technologies are currently in their nascent stage and are very suitable for application in the gaming field. It is estimated that there is a huge market for young people.

4. Driverless driving. Unmanned driving includes fields such as drones and unmanned cars, because there is still a big difference between the real environment and machine simulation. If you are on the road, people can respond in time when encountering situations, but machines are machines after all, and there is nothing behind them. It is not clear whether string codes and numbers can adapt to unexpected situations, but the technology definitely has great development prospects.

5. Three technology “potential stocks” in 2019: 5G, blockchain, and IAM

At the Shenzhen IT Leaders Summit some time ago, Yiou served as a cooperative media Full coverage. At the on-site Yiou Interview Center, we learned about the current application status and prospects of new technologies with many big names in the technology field, and saw three "potential stocks", including two underlying technologies: 5G and blockchain, and An emerging enterprise service market IAM (Identity Management and Access Control).

The following is the interview content of Yiou and three guests (CEG Ventures founding managing partner, Suzhou Hyperblock founder Shi Xingguo, Zhuyun founder Dong Ning) at the IT Leadership Summit: < br />
Wang Weijia once founded Metro Wireless in Silicon Valley, USA, and developed the world's first wireless mobile network. He is currently the founding managing partner of CEG Ventures, focusing on investing in cutting-edge technologies.

As a veteran in the field of wireless communications, Wang Weijia does not agree that 2019 is the first year of 5G applications. First of all, there are many criteria for judging whether a technology has reached its first year. The number of 5G base stations is one criterion, but Wang Weijia pays more attention to the number of actual users, whether it has reached one million users.

"Specifically, if an application can only be supported by 5G and cannot be separated from 5G, it will be the first year of 5G. Just like there were not many users using iPhone at the beginning, but once If you use it, you will continue to use it, and you will not switch to Nokia again. When we can discover such a thing, it will be its first year. At present, in terms of maturity, 5G is still relatively early." Wang Weijia said.

Wang Weijia recalled that before the mobile Internet became popular, there were two schools of thought. One group believed that the mobile Internet just put the search box on the mobile phone, while the other group believed that the mobile Internet was a completely different type, but it was not clear what the killer application was. What.

Later, everyone realized that the core difference between the mobile Internet and the PC Internet is: location. Mobile phone positioning has given rise to many O2O applications, as well as many unicorn companies now.

In Wang Weijia’s view, the same situation is happening with 5G now. Everyone sees that 5G is faster and has lower latency, and it is foreseen that 5G will help autonomous driving and telemedicine. Wang Weijia recognizes these application scenarios, but he does not believe that low latency is the key to generating killer applications, and the killer application scenarios have not yet emerged. From a personal perspective, he is optimistic about the feature of high network speed, because there must be new applications that must be supported by high-speed networks. Such as VR display.

Shi Xingguo, the founder of Suzhou Hyperblockchain, developed the first Sparc 64-bit Linux system, which played an important role in the localization of the operating system. He is currently committed to the development of the underlying technology of the blockchain.

Shi Xingguo has his unique understanding of the three hot technologies: AI, 5G, and blockchain: “Among the existing technologies, artificial intelligence solves the efficiency problems of existing industries, starting from the existing market. Solving problems on the Internet is essentially to deepen the connotation of the industry. 5G and blockchain are infrastructure-level technologies, which are extensional and touch a range of applications that have never been seen before.” In the view of Shi Guoxing, founder of Hyperblockchain, blockchain Similar to 5G, because it is an infrastructure-level technology, many application scenarios are not yet visible, but he believes that blockchain is likely to achieve industrial-level applications earlier than 5G.

Shi Xingguo said that as an underlying IT technology, blockchain technology itself can express value and credit, which is the core difference between blockchain and databases. From the perspective of application implementation, digital currency is the earliest mature application of blockchain. However, this application has become hollow and decoupled from the industry, and is therefore not encouraged by the government. Shi Guoxing believes that blockchain currently has two potential applications, one is supply chain finance, and the other is the Internet content industry.

The reason for these two industries is that when traditional businesses are supported by blockchain, they face a problem: how to unify real data and on-chain data. Before this problem is solved, the best implementation scenario is that there is no need for offline physical data to be uploaded to the chain. For example, the Internet content industry itself operates online as a whole, and is most suitable to be supported by blockchain. Supply chain finance is usually oriented to vertical fields, which can circumvent the weaknesses of blockchain and track the flow of funds.

Shi Xingguo also introduced the company’s positioning. In the industry chain, Hyperchain serves as an underlying technology service provider, providing customers with parallel computing blocks.Regarding blockchain applications, Shi Xingguo revealed that many companies are now willing to challenge company business based on the blockchain architecture. Blockchain applications combined with the physical industry are expected to appear as soon as the second half of this year.

Dong Ning, the founder of Zhuyun, is an entrepreneur with investment vision. Before the company was established in 2009, Dong Ning saw the prospects in the field of IAM (Identity Management and Access Control). “There was no doubt that at that time Knowing this technology, after analyzing the global market, I found that the global market for IAM exceeded US$25 billion that year and maintained a compound annual growth rate of 18%. In foreign countries, the IAM market is occupied by large companies such as IBM and Oracle. There is a blank in China, and there is still a gap of several years in technology." After seeing the market prospects, Dong Ning decided to devote himself to the IAM field.

IAM (Identity Management and Access Control) integrates multiple types of information security technologies to protect enterprise data. In this era, in addition to network security and physical security, enterprises must also ensure the security of personnel permissions and application systems. For example, account authorization for new employees and account recovery for resigned employees all fall within the scope of IAM.

In the past two years, the problem of data leakage has become increasingly serious, and data protection regulations have become more complete. As a result, many companies have realized that they need to integrate different organizations, data, and processes to open up information silos to manage them properly. With the permissions of employees, suppliers, C-end users, etc., the IAM market is growing.

Dong Ning introduced that the domestic IAM market grew rapidly in 2018. The reason is that my country’s formal cybersecurity law in 2017 and supervision have driven the development of this market. Coupled with the fact that various fields are undergoing digital transformation, enterprises and organizations have discovered that the user boundaries of IT systems are expanding. In addition to permissions and access management, IAM can also help organizations quickly connect systems built in different periods to achieve limited integration of personnel process organizations.

Regarding the threshold of IAM, Dong Ning believes that there are two: first, good products, and second, familiarity with business scenarios. Only the integration of scenarios and technologies can achieve effective identity management and access control. Dong Ning believes that with the accumulation of customers, the moat of first movers will become deeper and deeper.

6. The Huawei 5G technology platform that has been released now has deceived many people

I am one of them, but I have already recovered the money that was defrauded.

7. How to judge whether a blockchain project is worth investing in?

How to evaluate the PAYC project? Is it worth investing in?
How to evaluate a blockchain project? This question ultimately asks whether the project is reliable? Regarding this point, we can analyze PAYC from multiple dimensions.
1. Project technical strength: First of all, PAYC adopts a distributed structure for platform data accounting, dissemination and storage, and consists of two parts: block header and block body.Block structure, choose the hybrid consensus mechanism of PoW and BFT-DPOS to improve the overall operating efficiency of the platform. And through smart contracts, unexpected events can be minimized.
2. Project implementation scenario: In essence, PAYC is actually a distributed data sharing platform, which means that it can break down barriers between industries to achieve data sharing. This feature makes it applicable in all walks of life. space, including cross-border settlement, smart emergence, insurance, financial investment, Internet of Things and other fields.
3. Project development plan: From the current perspective, the development stage of PAYC includes at least three major stages: the construction of big data infrastructure for the Internet of Things, the construction of original chain ecological rights infrastructure, and the construction of post-ecological construction. Only then can it be possible to truly realize the data aggregation and sharing distribution.
4. Digital currency trends: Judging from the BTK (Bit King) international digital asset trading platform, PAYC has been rising all the way since its launch, hitting a high and then falling slightly. Then it experienced a 50% increase in a single day and surged higher again. Overall It shows a volatile trend, which reflects the active trading volume.
Taken together, PAYC (PAYC) has the value and prospect of application implementation. The project as a whole is in the initial development stage, so the PAYC currency itself has very great investment value. In addition, it has already achieved such outstanding performance. Well worth the price of admission.