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区块链行业增长率排名,区块链行业增长率分析

发布时间:2023-12-06-08:11:00 来源:网络 区块链知识 区块   增长率   行业

区块链行业增长率排名,区块链行业增长率分析


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⑴ What is the development trend of blockchain?

Since blockchain is going to become the future development trend, blockchain technology definitely has its own advantages over traditional technology.
1. Decentralization.
The core advantage of blockchain technology is that it does not require a traditional centralized institution. In a distributed system, it does not rely on point-to-point transactions, coordination and collaboration of a certain credit center, thus avoiding the ubiquitous data problems of centralized institutions. Issues such as safety, collaborative efficiency and risk control.
2. High safety.
In blockchain technology, data is difficult to tamper with. The database recording transactions can be accessed by anyone. In this transparent and open model, everyone can act as a supervisor. Everyone can see any changes in the data at a glance, which is more secure than traditional technology.
3. More reliable.
Blockchain technology connects multiple nodes in different places. The nodes in the blockchain interact through point-to-point communication protocols. Different nodes can be used by different developers using different programming languages ​​while ensuring consistent communication protocols. , different versions of full nodes to process transactions.
To put it simply, when a node encounters network problems, hardware failures, software errors, or is controlled by hackers, it will not affect the operation of other participating nodes and the system.
So compared to traditional technology, blockchain is more reliable.
So I firmly believe that the application of blockchain must be the future development trend.

⑵ 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

According to IDC data, in 2020, the scale of the global blockchain market will be stable growth, reaching $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

From the regional distribution of the number of equity investment events, the Americas have the largest number of blockchain equity investments, 202A total of 542 transactions occurred in one year, 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-place China with 97 investments and investment amount of 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.

⑶ In which industries will blockchain technology be applied?

- Original title: Market analysis of China’s blockchain industry in 2019: Empowering various industries to accelerate application implementation There will be two major opportunities for future applications

2019 - Blockchain "Mainstream Application Year"

Since the first blockchain electronic invoice was issued in Shenzhen in August 2018, more than 6 million have been issued so far. The amount reached 4 billion yuan, with more than 5,300 companies connected, covering more than 110 detailed industries. In addition to the field of electronic invoices, blockchain has also been successfully implemented in many project scenarios such as supply chain finance, legal certification, and cross-border payments...

In the blockchain industry's "Thousands of People Watching Fire" held recently, Conference", a reporter from the Economic Daily learned that in 2019, technology implementation and application have brought blockchain into the "Year of Mainstream Applications." On the one hand, many Internet giants have laid a solid technical foundation, and on the other hand, they are actively exploring more valuable scenarios and looking for development opportunities in empowering the real economy.

“Blockchain technology can play the role of anchoring, sharing, and increasing trust in the entire social information flow, making chaotic information credible. This is a qualitative leap compared with the past. '." Zhang Zhangxiang, chief architect of WeBank's blockchain, said, "Risk control and business rules design based on trusted data can improve efficiency and reduce risks, and operating costs will also be lowered." He pointed out that blockchain as a connection It doesn't make much sense for a single company to operate a server. It makes more sense to share it as an open source solution and realize the industry's co-construction of an ecosystem.

“We have been exploring and practicing open source, starting from the underlying technology platform, and combining scenarios in finance, industry, the Internet of Things, culture and entertainment, etc., to jointly build an open, transparent, and efficient technology and industry community. The open source ecosystem helps activate industry creativity. We will insist on starting from the open source community to improve system construction, skills training, etc.A complete system that benefits more people. ”

In 2019, the market size of my country’s blockchain industry exceeded 100 million yuan

my country’s blockchain industry is still in its infancy, but with the continuous support of national policies, the industry technology continues to improve. With progress and increasing demand in downstream application fields, my country's blockchain industry is expected to continue to maintain rapid growth. According to statistics from the "In-depth Analysis Report on Business Model Innovation and Investment Opportunities in China's Blockchain Industry" released by the Qianzhan Industry Research Institute, in 2011 The market size of my country's blockchain industry was less than 6 million yuan in 2017. As of 2017, the market size of my country's blockchain industry had increased by 32 million yuan. By 2018, the market size of my country's blockchain industry had reached 67 million yuan, always maintaining 80 It is growing rapidly at a rate of more than %. It is predicted that the market size of my country's blockchain industry will exceed 100 million yuan in 2019, and it is expected that in 2022, driven by policy support and downstream demand, the market size of my country's blockchain industry is expected to exceed 450 million yuan Yuan.

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

Data source: Compiled by Qianzhan Industry Research Institute

Audited corporate asset confirmation, registration and transfer records and other information are stored on the platform in a traceable form. Banks can carry out rapid financing and lending business based on this, eliminating the cost of guarantees and other links, greatly improving efficiency and allowing The risks of financing and lending are generally controllable.

Electronic data storage is an important application area of ​​blockchain technology

The "Supreme People's Court on Internet Court Trials" came into effect in September 2018 "Provisions on Several Issues in the Case" clearly states that blockchain and other technical means can be used to solve the problem of electronic data storage. Xiang Dan, vice president of Bibox digital asset trading platform, said that electronic data storage is an important application field of blockchain technology. " Blockchain technology has the characteristics of preventing tampering, leaving traces during the incident, post-auditing, and security protection, which is conducive to improving the credibility and authenticity of electronic evidence. The combination of blockchain and electronic data storage can reduce the cost of electronic data storage, improve judicial efficiency, and empower judicial business. For example, contract management based on blockchain has many application cases in many Internet courts. ”

In the view of Zhou Jianrui, co-founder of the trusted content community CoinWord, blockchain-based electronic data storage applications can also help deepen the reform of “delegation, regulation and service” and improve administrative efficiency. In Beijing In pilot areas such as Haidian District, blockchain technology is playing a role in efficient data sharing, secure transmission and credit support. When applied in the field of government affairs, it can realize real-time sharing of data from various departments and effectively assist window personnel and approval personnel to quickly verify the authenticity of materials. For example By "linking" public security, civil affairs, housing management and other departments to the blockchain, they can handle real estate transactions quickly and accurately, and verify information from multiple parties with "one click", greatly saving social costs.

Blockchain There will be two major opportunities in application

Due to society’s recognition of blockchainThe credibility is not yet high, and the number of people who understand and use blockchain is still very limited. The penetration of blockchain into the real economy still needs a gradual process. "Huobi China CEO Yuan Yuming said that they use the open, transparent and non-tampering characteristics of the blockchain to explore new paths for traceability and anti-counterfeiting of artworks through high-precision full-pixel scanning and archiving; by building a trust mechanism in multi-party collaboration scenarios, Develop a points information platform for multi-party participation and resource sharing. "Next, there will be two major opportunities for blockchain applications:

First, training, with the entry of corporate giants and the expansion of the real industry Continue to penetrate and let more people understand the blockchain through training, which has become a new market demand;

The second is to provide consulting and technical solutions to more traditional enterprises to help them penetrate the blockchain into more in many traditional fields to promote consumption reduction, efficiency improvement, transformation and upgrading of the real industry. ”

⑷ What is the development trend of blockchain and the future development trend of blockchain

The development prospects of the blockchain industry driven by both policy and market are broad
Both policy and market Driven by multiple layers, China's blockchain-related industries are expected to move from reality to reality
In the context of the rapid development of blockchain, China has complied with the needs of globalization, kept pace with international pace, and actively promoted research in domestic blockchain-related fields. Standardization and industrialization development. Compared with the increasingly strict supervision of digital currencies such as Bitcoin, support and encouragement for blockchain technology has reached a global consensus, and domestic blockchain technology will also be used in the coming years. Received national and local policy support during the year. Driven by both policy and market, blockchain-related industries are expected to become reality, and blockchain technology accelerates the exploration of possible application scenarios.
Global blockchain market Scale Forecast
According to the "In-depth Analysis Report on Business Model Innovation and Investment Opportunities in the Blockchain Industry" released by the Qianzhan Industry Research Institute, the global blockchain market size is expected to increase from US$411.5 million in 2017 to 2022. of US$7.6837 billion, equivalent to a compound annual growth rate of 79.6%. In view of the wide range of applications of distributed ledgers, coupled with the rising market value of cryptocurrency, there is a strong demand for improving transparency, security, efficiency and simplifying processes. Blockchain as a Service (
BaaS) is also a hot topic of development, and the blockchain market will expand rapidly. In addition, communication services, international trade, supply chain management, program platforms, payments, smart contracts, and digital identities Blockchain technology is also urgently needed for verification, etc., which will create a large number of growth opportunities.
As an integrated application of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other technologies, blockchain has become an integral part of the United Nations, It is a hot topic of research and discussion by international organizations such as the International Monetary Fund and governments of many countries, and the industry has also increased investment. At present, the application of blockchain has extended to the Internet of Things, intelligent manufacturing, supply chain management, digital asset transactions, etc. This field will bring new innovations to the development of new generation information technologies such as cloud computing, big data, and mobile Internet.opportunities and the ability to trigger a new round of technological innovation and industrial change.
By 2022, the payment sector may occupy the largest share of the blockchain market
Relying on blockchain technology, instant payment of assets can be realized, which not only has the characteristics of non-tampering and digital identity verification, but also can provide Financial institutions and banks significantly save settlement costs. In addition, blockchain makes it possible to automate payments, eliminating the need for middlemen, saving labor costs and time for buyers and sellers. Thanks to the many advantages mentioned above, it is expected that the payment sector will be the most important segment in the entire blockchain market.
The fastest growing region will be Asia-Pacific
Blockchain service providers in the Asia-Pacific region are good at designing and developing user-friendly, cost-saving, and fast cryptocurrency platforms, extending blockchain to multiple Industry application tentacles. Both large enterprises and small and medium-sized enterprises are actively seeking venture financing and investing in the research and development of cutting-edge blockchain technology. In addition, the real estate industry in some countries in the Asia-Pacific region is expected to rapidly transform from semi-transparent to fully transparent, which will also help enhance the development prospects of blockchain in the Asia-Pacific region.

⑸ What is the current status of China’s blockchain industry

The rapid development of China’s blockchain industry in 2019 is mainly reflected in the following points:

First , National high-level strategic guidance and support to create a good policy environment. According to incomplete statistics, in the first half of 2019, more than 23 provinces and cities across the country released more than 112 pieces of policy information involving blockchain. High-level government officials emphasized that the application of blockchain technology plays an important role in technological innovation and industrial transformation, and supported the accelerated development of blockchain technology and industrial innovation.

In addition, market supervision policies regarding blockchain have also gradually improved. On the one hand, strict vigilance and testing are carried out for virtual currency transactions and services; on the other hand, related industries with blockchain applications The regulatory system is also being further constructed and improved to provide a strong guarantee for industrial blockchain projects to deeply serve the real economy. The market has become more standardized and the industrial environment has gradually become clearer. In addition, support for technological breakthroughs and talent encouragement has also been provided through the establishment of blockchain Industrial parks, blockchain special investment funds and other means will subsidize technological innovation and talent introduction to promote the development of the blockchain industry.

Second, domestic enterprises actively participate in the research and development and application of blockchain technology and carry out blockchain strategic layout. For example, e-commerce giants such as Alibaba use blockchain technology in areas such as product traceability and cross-border settlement. JD.com uses a transparent supply chain system to combat counterfeit and shoddy products. Tencent focuses on the development of applications in financial fields such as electronic invoices.

⑹ What is the prospect of blockchain companies?

China’s blockchain market spending in 2019 will be close to US$300 million

According to the " Statistics from the "In-depth Analysis Report on Business Model Innovation and Investment Opportunities in China's Blockchain Industry" show that as of 2017, China's BlockchainThe scale of market expenditure is only US$83 million. In 2018, China’s blockchain market expenditure will reach US$160 million. It is also predicted that China’s blockchain market spending will be close to US$300 million in 2019. At this stage, the overall market size of blockchain is small. This is because most of the blockchain projects on the market are in the experimental stage and the investment is not large. On the other hand, many companies have realized the potential of blockchain and plan to increase their budgets in the future. Affected by this, China's blockchain market will usher in rapid growth, with market expenditures expected to reach US$1.95 billion in 2023. The average annual compound growth rate from 2019 to 2023 is 60.51%.

Statistics and forecasts of China’s blockchain market expenditure from 2017 to 2023

Data source: Compiled by Qianzhan Industry Research Institute

Analysis of unfavorable factors for the development of China’s blockchain

1. The technology is not mature enough. At present, blockchain technology is not yet mature in terms of system stability, application security, and business models, and cannot meet the requirements of "high efficiency and low energy", "decentralization" and "security" at the same time. First, performance issues. The transaction throughput that can be carried out on the blockchain is not high, and the current block capacity is very small, which leads to network congestion and high-frequency business needs are difficult to meet. Many projects are also working on optimization, but they are far from real scenarios such as banks. There is still a certain distance between the transaction throughput of , stock exchanges, etc. Second, there is the issue of consensus mechanism. In terms of energy consumption, consensus algorithms such as workload proof consume a lot of energy and cost, causing the blockchain to waste a lot of computing power and matching power across the entire network. In terms of types, the current blockchain consensus mechanisms are too few in type and will be diversified in the future. In business scenarios, a richer consensus mechanism is inevitably needed to adapt. Third, security issues. Issues such as privacy protection, harmful information on-chain, smart contract vulnerabilities, consensus mechanism and private key protection, computing power attacks, cryptographic algorithm security, etc. all make the blockchain face a severe situation of platform security and application security. Fourth, database issues. Unlike traditional databases, blockchain applications require a large number of write operations, HASH calculations, and verification operations. Database systems specifically for blockchain are still difficult to overcome.

2. The application scenario is unclear

Currently, the blockchain project is still in the exploratory stage, and no specific implementation scenario can be found. At present, promising areas include finance, sharing economy, Internet of Things, public services, etc. However, judging from the maturity of existing blockchain technology, there are still many problems in blockchain applications, and there is still a gap between actual use. First, the immaturity of blockchain technology has restricted commercial applications. Although there are currently many types of core blockchain technologies such as privacy protection algorithms and consensus mechanisms, they are generally not commercially available. Secondly, the application model of blockchain is still being explored, and the "irreplaceable" advantages of blockchain have not yet been realized. The blockchain itself represents a consensus system, and a consensus system that conforms to the corresponding business scenario should be built from a higher level, not just "business + area""Blockchain". China has a large number of users, complex business scenarios, and any commercial product will involve a very large flow and population, and the current blockchain technology cannot satisfy it.

3. Professional talents Scarce

Blockchain technology is a multi-disciplinary and cross-field technology. Its fields mainly include operating systems, network communications, cryptography, mathematics, finance, production, etc., but currently our country is in the cross-disciplinary field. , there are still deficiencies in the field, and the supply of talents in related fields is seriously insufficient. On the one hand, there is a large gap in R&D technical talents. Blockchain technology research and development mainly focuses on programming languages ​​​​such as Go, Javascript, C and C+, and new smart contracts use Haskell. , Ocaml, Rholang and other new functional programming languages. In China's talent market, there is a very large gap in technical talents with senior R&D experience in related languages. On the other hand, there is a lack of underlying design talents. Unlike R&D technical talents, blockchain Underlying system architecture design talents must master multiple cross-disciplinary professional skills. They must not only have an in-depth understanding of the underlying design principles of the blockchain and have experience in the design of various system architectures, but also master the business logic of specific application scenarios. Although some colleges and universities currently have Cross-disciplinary education and blockchain-specific skills and disciplines have been launched, but professional talents are still very scarce.

Analysis of favorable factors for the development of China’s blockchain

1. Favorable policies promote development. In January 2017, the Ministry of Industry and Information Technology issued the "Development Plan for the Software and Information Technology Service Industry (2016-2020)", which proposed requirements for innovation in blockchain and other fields to reach international advanced levels. In August 2017, the State Council issued the "About Further Expanding and "Guiding Opinions on Upgrading Information Consumption to Continuously Release the Potential of Domestic Demand" proposed to carry out pilot applications based on new technologies such as blockchain and artificial intelligence. In October 2017, the State Council issued the "Guiding Opinions on Actively Promoting Supply Chain Innovation and Application" and proposed to study Utilize emerging technologies such as blockchain and artificial intelligence to establish a credit evaluation mechanism based on the supply chain.

In March 2018, the Ministry of Industry and Information Technology released the "Key Points of the Standardization Work of the Informatization and Software Service Industry in 2018", proposing to promote Establish the National Informationization and Industrialization Integration Management Standardization Technical Committee and the National Blockchain and Distributed Accounting Technology Standardization Committee. In June 2018, the Ministry of Industry and Information Technology issued the "Industrial Internet Development Action Plan (2018-2020)" to encourage the promotion of edge computing , deep learning, blockchain and other emerging cutting-edge technologies in the industrial Internet.

Since blockchain was first included in the "13th Five-Year Plan" National Informatization Plan in 2016, blockchain The blockchain has increasingly attracted the attention and attention of the national government. 24 provinces, cities or regions including Beijing, Shanghai, Guangdong, Hebei, Jiangsu, Shandong, Guizhou, Gansu and Hainan have launched dividend policies, carried out the layout of the blockchain industry chain, and actively explored Industry applications based on blockchain.

2. The blockchain industry is gradually taking shape

Currently, my country’s blockchain technology continues toWith continued innovation, the blockchain industry has gradually taken shape and begun to be applied in the fields of supply chain finance, credit reporting, product traceability, copyright transactions, digital identity, electronic evidence, etc. It is expected to promote the technological change, organizational change and efficiency change of our country's economic system, providing a Make important contributions to building a modern economic system. With the continuous influx of entrepreneurs and capital, the number of enterprises has increased rapidly. Blockchain applications will be implemented faster, boosting the high-quality development of traditional industries, accelerating industrial transformation and upgrading, using blockchain technology to "reduce costs" and "increase efficiency" for the real economy, and promote the standardized development of traditional industries. In addition, blockchain technology is deriving into new business formats and becoming a new driving force for economic development. Blockchain technology is promoting a new round of business model changes and becoming an important support for building an honest social system.

3. Broad application prospects in the future

In the past, the circulation of physical banknotes was difficult to trace, but with the application of blockchain technology, the flow of all digital assets can be traced There will be "chains" to check. For example, in the financial field, blockchain is expected to solve the pain points and difficulties in the payment field, reduce the complexity of transactions, increase the end-to-end speed of transactions, reduce communication costs in the transaction process, and improve the transparency and non-tamperability of transaction records. The cost of reconciliation, clearing, and settlement between financial institutions, especially cross-border financial institutions, has always been high, and there are complex manual processes. Blockchain technology has data that cannot be tampered with and is traceable, and its application can help reduce financial costs. The cost of reconciliation and dispute resolution between institutions can significantly improve the processing speed and efficiency of payment business, and also make small-amount cross-border payments possible. In addition, the application of blockchain will also extend to many fields such as medical health, education, charity, social management, etc. The market prospects are very broad.

⑺ Is it true that the scale of my country’s blockchain is currently the world’s largest?

It is true that the scale of my country’s blockchain is currently the world’s largest.
In 2021, the international data company IDC released the "2021 V1 Global Blockchain Spending Guide" on March 24. According to IDC's prediction, the global blockchain market will reach US$18.95 billion in 2024, and the five-year forecast period Achieve a compound growth rate of approximately 48% within 2020-2024. The five-year average annual compound growth rate (CAGR) of China's blockchain market will reach 54.6%, ranking first in the world.

⑻ How is the overall development of blockchain now?

The current development status of China’s blockchain

1. The industry is in a stage of rapid growth

From the blockchain industry level, from 2016 to 2018, as domestic large-scale IT Internet companies have deployed blockchain, start-ups have entered a blowout mode, and the scale of the blockchain industry has continued to expand. According to IDC data, the market size of China's blockchain industry has grown from US$85 million in 2017 to US$561 million in 2020, with a compound annual growth rate of 60.3%.

⑼ What are the prospects of blockchain finance

1. In fact, the combination of blockchain technology and finance is not accidental. Simply put, blockchain is a distributed shared ledger and database, which has the characteristics of decentralization, non-tampering, full traceability, and traceability. Finance is cooperation based on trust, and these characteristics of blockchain lay the foundation for creating trust. Blockchain technology is of great significance in solving problems in the financial field such as high credit risk, low capital utilization efficiency, and high payment processing costs.
2. In reality, Bitcoin is not equal to blockchain. Digital currency is just one of the applications of blockchain technology in the financial field. In the fields of supply chain finance, payment and clearing, trade finance, financial transactions and other fields, "blockchain +" has rich application scenarios and imagination space.
3. Industry insiders pointed out that although the application prospects of blockchain technology are broad, At present, there are only a small number of projects that have actually been implemented and produced social benefits. Blockchain technology is in the early stage of development and still needs to be viewed rationally. In the next step, blockchain technology should be used to explore digital economic model innovation and add impetus to the optimization of the business environment. , to provide support for promoting high-quality economic development.

⑽ What are the future development prospects of blockchain technology

Blockchain is a technology, “the simplest, In the most popular terms, blockchain technology is everyone’s accounting, or distributed ledger. ”
In the Internet era, there is a database behind every system. This database can be regarded as a large ledger. In the past, the person who maintained the system was responsible for managing the database and recording user behavior, that is, accounting. Blockchain is "decentralized", which allows every member in the system to participate. Not only does everyone keep accounts, but through links, everyone can have a complete ledger.
"Blockchain essentially It is a collective recording method. What's special is that it uniquely uses a set of technologies to make the recorded results authentic and credible, difficult to destroy or tamper with. Zhang Xiaorong said, "First, everyone has the right to record and authenticate each other to distinguish authenticity. This is called a consensus mechanism; second, no one can tamper with records because there is a cryptographic signature; third, everyone has a copy. Therefore, even if some ledgers are damaged, the entire ledger will not be affected. This is called distributed storage. The information recorded in this way is presented in blocks according to the time chain, so it is called blockchain. ”
Various encrypted digital currencies represented by Bitcoin are originally an application of blockchain technology, which can be said to be version 1.0 of blockchain. However, around 2014, the industry began to realize the importance of blockchain technology. Value, blockchain is gradually separated from digital currency and applied to various economic and social fields other than digital currency.
Broad application prospects
Blockchain technology is considered to be the next step after steam engines, electricity, and the Internet. Disruptive innovation. If steam engines and electricity have liberated productivity, and the Internet has changed the way information is transmitted, then blockchain, as a machine that builds trust, will likely change the way value is transmitted.
For example, in the financial field, financial institutions Especially cross-border financial institutionsThe cost of reconciliation, clearing, and settlement between financial institutions has always been high, and there are complex manual processes. Blockchain technology has data that cannot be tampered with and is traceable. Its application can help reduce reconciliation costs and disputes between financial institutions. The cost of settlement can significantly improve the processing speed and efficiency of payment business, and also make small-amount cross-border payments possible. In December 2017, China Merchants Bank completed the transfer of RMB positions from Hong Kong Wing Lung Bank to Wing Lung Bank Shenzhen Branch. This is the world’s first inter-bank cross-border RMB clearing business based on blockchain technology.
In addition, according to the "China Blockchain Technology and Application Development White Paper 2016" issued by the Ministry of Industry and Information Technology of China, the application of blockchain has extended to many fields such as medical health, education, charity, and social management. . Taking the cultural industry as an example, intellectual property protection has always been a pain point in the industry due to low copying costs, high rights protection costs, and difficulty in providing evidence. With the blockchain, the records of the production, dissemination, and transactions of cultural products are authentic, transparent, credible, and verifiable, and the problem can be easily solved.
Cheung Hsiao-rong said that blockchain technology solves two major problems in the digital economy era: first, the flow direction is visible, and second, there is zero trust cost. In the past, the circulation of physical banknotes was invisible, but the flow of all digital assets has a "chain" that can be checked. Yang Yanchao, a researcher at the Intellectual Property Center of the Chinese Academy of Social Sciences, also believes that the biggest advantage of blockchain is that it truly completes the construction of credit in an anonymous society and brings new opportunities to many fields, thus making various innovative applications possible.
There is a long way to go for future development
In terms of technology promotion, there are not too many barriers to blockchain. This has been proven in the global practice of Bitcoin. The main resistance still comes from conceptual and implementation obstacles.
"On the one hand, society may be very concerned about the 'naked' state in the blockchain. The blockchain builds a 'Skynet' for the business society, and all the company's economic activities are recorded, so there is no There is no secret at all, and such business strategies may not be implemented under the blockchain."
"On the other hand, the current legal system lags behind the development of information technology. How can the emerging blockchain technology be placed under the law? It needs to be studied under supervision." Duan Yongchao said.
The core of blockchain is decentralization, which will have an impact on the central management model that has been formed in society for a long time. In addition to laws, how to establish a regulatory environment that can promote the application of blockchain technology so that the technology can benefit society and not be used for evil is also an urgent problem to be solved.

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