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1. What has Alibaba done on the blockchain
Jack Ma: I want to know what Bitcoin can bring to society
At the two sessions, Jack Ma... Oh, I'm sorry, Comrade Jack Ma, who doesn't want to wear a red hat, did not attend the two sessions.
So, let’s review Jack Ma’s remarks when evaluating Bitcoin:
In November 2017, Alibaba, Ant Financial and Xiongan Signed a strategic cooperation agreement to build the "Digital Xiongan Blockchain Implementation Platform". Currently, Ant Financial has provided blockchain application technology in the rental field in Xiongan. It can be said that Xiongan has become Alibaba’s first experimental field for the overall implementation of blockchain technology.
2. What are the uses of the assets acquired by Alipay’s Ant Chain?
Ant Chain is upgraded from Ant Blockchain and is a blockchain brand under Ant Financial Group. Since 2016, Ant Blockchain has established the top domestic technical team to independently develop internationally leading alliance blockchain technology.
In terms of core technology, in terms of consensus mechanism, network expansion, verifiable storage, smart contracts, high-concurrency transaction processing, privacy protection, off-chain data interaction, cross-chain interaction, multi-party secure computing, blockchain governance, network and foundation Major breakthroughs have been made in areas such as implementation and security mechanisms. As of May 2020, Alibaba (mainly Ant Blockchain) has 212 authorized patents worldwide.
In terms of technology, Ant Chain has always ranked first in the number of global patent applications for four consecutive years; in terms of applications, Ant Chain has helped solve trust problems in more than 50 practical scenarios; in terms of business, Ant Chain has been troubled. The chain currently has more than 100 million "chain uploads" every day.
Among them, the data of "daily on-chain volume" has never been disclosed by the company before. This data is equivalent to the "daily activity" in the blockchain field. In 2019, Jiang Guofei, vice president of Ant Group and head of Ant Chain, once pointed out that the number of on-chain transactions will be an important indicator to measure the prosperity of the digital economy.
The release strategy of Ant Chain is of great significance and is likely to become the only blockchain solution in the world that can be commercialized on a large scale. The main reason is: From the perspective of development history, Ant Group’s core strategy has always been to build credibility in the digital economy. system to ensure long-term investment and execution. Its software and hardware technical capabilities have reached the world's leading level. The blockchain field includes the number of patents, paper quality, encryption algorithms, etc., as well as the support of Alibaba's powerful technology platform, including Alibaba Cloud IaaS, Pingtouge chip, etc.
Based on the above information, Ant Chain, as one of Alibaba’s core technologies, will definitely receive more investment. Jingxiang who is interested can continue to pay attention!
3. Ant Group has released another blockbuster blockchain application. Can it create another "Alipay"?
Prior to this, Alibaba has repeatedly predicted that it will release a "subversive" application today. sexual products”. So, what pain points can Trusple solve? What are the application prospects? Promotion of TruspleWhat difficulties and obstacles are you currently facing?
Another “Alipay”
“Same as Alipay’s original intention of launching secured transactions, Trusple also aims to solve the problem of transaction trust. The difference is that since blockchain technology is solving With outstanding features in trust in complex processes, Trusple better meets the needs of solving trust in international trade." said Jiang Guofei, Vice President of Ant Group and President of the Intelligent Technology Business Group.
Specifically, on the Trusple platform, when a buyer and seller generate a trade order, it is automatically uploaded to the chain and begins to circulate. The bank will automatically pay based on the payment terms agreed upon in the order, avoiding the traditional model. Sellers need to urge buyers to transfer money offline, and at the same time, they can also prevent the frequent malicious delay in payment time. Buyers can also obtain financial services such as account terms based on real orders on the chain, which greatly improves capital utilization and procurement efficiency.
For buyers and sellers, every successful transaction on Trusple is a deposit of "on-chain credit". When a company has financing needs, financial institutions can submit a verification request to the Trusple platform to determine the authenticity of the company's trade. In this way, on the one hand, it reduces the financial service risks of banks and other financial institutions, and at the same time, it also revitalizes the survival and operating capabilities of small and medium-sized enterprises.
It is understood that five banks, including BNP Paribas, Citibank, DBS Bank, Deutsche Bank and Standard Chartered Bank, have become Trusple’s first partners.
How complex is traditional trade finance business? The following is the bank's letter of credit business flow chart:
As can be seen from the above, the traditional international trade financing model is not only complex in process, but also requires high service fees from banks. If there is a blockchain trade settlement platform and a trade settlement contract is developed, the exporter directly places the advance payment in the smart contract. When the exporter's goods arrive at the destination, the system verifies that the documents are qualified and then triggers the smart contract to release the money to the exporter. Not only is the process simple and the service fee is low, but more importantly, it can reduce the capital occupation cycle and improve capital efficiency.
"This is the case with Trusple currently launched by Ant Group, and Ant Chain also supports smart contracts." Li Lianxuan said.
To sum up, the difference between traditional cross-border trade and Trusple is centralization and decentralization. In the traditional trade model, banks serve as the center, providing transaction credit or financing facilities to buyers and sellers to ensure the smooth progress of transactions. The "credit" in this is the bank's third-party credit. As for the trust model of blockchain, its "credit" comes from the blockchain itself and does not require a third-party intermediary.
Facing two major obstacles
The launch of Trusple also fulfilled a long-cherished wish of Ali for 19 years.
As early as 2001, Alibaba B2B CompanyThe company has tried to use a model similar to the intermediary guarantee to solve the problem of mutual distrust between buyers and sellers in foreign trade transactions, but was unable to do so due to current technical conditions. Two years later, the emergence of Alipay solved the trust problem among C2C business users. However, because transactions between enterprises are much more complex than between individuals, and payment methods and logistics methods are also very different, the plan 19 years ago has been shelved to this day. Until the emergence of blockchain provides new solutions. For this reason, Alibaba calls the launch of Trusple a major launch comparable to the birth of Alipay.
It is worth noting that although Trusple has similar functions to Alipay, both are designed to solve the trust problem between different subjects, but the solution ideas are completely opposite. Trusple aims to eliminate middle links and disintermediate, while Alipay is the largest intermediary with 1 billion users. Trusple only targets B-side users in cross-border trade, so it seems to be fine with Alipay for now. So if similar products are used in domestic C2C e-commerce scenarios in the future, it will revolutionize Alipay's life.
Alibaba’s blockchain layout
Blockchain is based on the characteristics of decentralization, openness and transparency, information traceability, anti-tampering, automatic execution of smart contracts, etc., and is a natural solution to trust issues. weapon. As The Economist said: Blockchain will become a “trust machine.” Therefore, Jack Ma said that Alibaba without blockchain would "die".
Jack Ma’s words are not alarmist. Alipay, which started as an e-commerce company, has played a key role in solving the trust issue between consumers and merchants in online transactions. It can be said that without Alipay, Alibaba would not have the e-commerce empire it has today. “Over the past decade or so, we have continued to promote the construction of trust mechanisms through technology and innovation,” Ant Group said in its IPO prospectus.
To this end, as early as 2015, Alibaba established a blockchain team and began to invest in blockchain research and development. In October 2017, Ant Financial (the predecessor of Ant Group) released the "BASIC Strategy" (blockchain, artificial intelligence, security, Internet of Things, cloud computing). In July this year, just before Ant Group applied for listing on the Science and Technology Innovation Board, Ant Blockchain was officially upgraded to "Ant Chain". Jack Ma personally named Ant Chain, which shows its status in the Alibaba ecosystem.
Today, Alibaba has implemented more than 50 blockchain application scenarios. Ant Chain is technically able to support 1 billion account sizes and can support 1 billion daily transactions, achieving 10 transactions per second. Wanbi cross-chain information processing capabilities (PPS).
In April this year, Ant’s “Open Alliance Chain” was officially launched, fully opening up its blockchain technology and application capabilities to small and medium-sized enterprises. Subsequently, the implementation of related blockchain applications further accelerated. In July, the Ant Chain all-in-one machine was released, which can save more than 90% of blockchain deployment time for government and enterprise developers; on September 18, it opened to the public including data security computing hardware., 3D contract security services, and data privacy computing services, a "three-piece set" of privacy security; Trusple is released today.
In terms of research and development, Alibaba’s blockchain patent applications have ranked first in the world for four consecutive years, and its self-developed cross-chain technology has also been recognized as an international standard.
According to the website of the Shanghai Stock Exchange, Ant Group’s Science and Technology Innovation Board IPO has entered the “submission for registration” stage. "After listing, the most important thing for Ant Group is to invest in technology. In the future, it will focus on investing in the five major technical fields of artificial intelligence, risk management, security, blockchain, computing and technical infrastructure." Ant Group CEO Hu Xiaoming said.
4. Alibaba and Tencent fell out of the top ten Internet centers but bucked the trend and moved into the top four
After the breakthrough in 2018, the blockchain industry in the first half of 2019 Patent applications have cooled off somewhat.
An inter-chain pulse query on the innojoy patent platform showed that the number of blockchain patent applications in China in the first half of 2019 was 909, which was only 16.2% of the 5,606 applications in the whole of last year.
It is worth noting that although Alibaba still occupies the first position in the total number of blockchain patents, it has ranked outside the 10th place in terms of new blockchain patent applications in the first half of 2019. Xunlei Group’s Netcenter Technology jumped into fourth place.
Patent indicators have multiple meanings for blockchain companies, such as investment in R&D, quality of talents, emphasis on innovation, etc. From this, you can understand the other side of blockchain development.
Industry technology investment is cooling down?
Regardless of China or foreign countries, the number of blockchain-related patent applications fell off a cliff in the first half of 2019.
Interchain Pulse searched for the keyword "blockchain" through the patent query system innojoy. Half of 2019 has passed, and the number of blockchain patent applications is only 909, which is 16.2% of last year. It can be expected , this year it will be difficult to reach the number in 2018.
The situation in other global markets is not optimistic either. Searching for "blockchain", there were only 158 patent applications in the first half of this year, accounting for only 7% of last year's total.
This decline is caused, on the one hand, because the development of blockchain technology may have entered a plateau period, and the patent layout in the blockchain field has entered the final stage, and all patents in this application have been applied for. , naturally reducing investment; on the other hand, the effectiveness of blockchain implementation is insufficient and no short-term effects can be seen. Enterprises that use KPIs as assessment targets naturally reduce blockchain investment; finally, it may be due to market reasons. In the second half of 2018, The price collapse of crypto assets in half a year has affected the financing, production and other activities of block companies, which in turn has affected patent applications.
Where have Alibaba and Tencent gone?
The most surprising thing is that Ali’s success in 2019Blockchain patents are less “progressive”. He won the "championship" for two consecutive years in 2017 and 2018, but he was missing from the top ten this year.
According to data obtained by interlink pulse query innojoy, Alibaba Group applied for 12 patents in the first half of 2019, ranking only 12th.
In addition, Tencent, another major Internet company, has also significantly slowed down the pace of blockchain research and development. There were only 7 related patent applications in the first half of the year, ranking 22nd.
In the first half of the year, China Unicom had the largest number of applications, with 50 applications. Ping An Technology, Complex Beauty, Wangxin Technology, and Network ranked 2-5 with 27, 25, 23, and 20 applications respectively.
Similar to the previous two years, there are two native blockchain companies in the top ten - Complex Beauty and Qulian Technology.
The evolution of China’s top ten blockchain patents
Native blockchain companies initially occupied a dominant position in related patents.
In 2015, China’s blockchain patent applications began to take off, with a total of 30 applications. The earliest batch of native blockchain companies have become the main force in blockchain patent applications. Bubi Blockchain, established in 2015, has applied for 8 related patents.
In 2016, the world continues to be dominated by native blockchain companies. In addition to Bubi Blockchain, there are also Hangzhou Yunxiang Blockchain, Hangzhou Complex Beauty, Beijing Tiande Technology, and Beijing Zhongxiang Bit Technology. Batch blockchain patent applications. The number of blockchain patent applications jumped to 470 that year.
It is worth noting that in 2016, Internet and financial technology companies joined the research on blockchain. The patent applications of Alibaba (7 cases) and China UnionPay (8 cases) showed that they are in the region. Blockchain business layout.
In 2017, more companies and organizations joined in blockchain research, and the number of patent applications that year was 1,478, more than three times that of 2016. In that year, Alibaba’s number of blockchain patent applications exploded (57), becoming the number one blockchain patent application.
It can be seen from the patent list that year that a group of traditional large companies poured into blockchain research, including Tencent, China Merchants Bank, China Unicom, Inspur Technology, Dianrong, etc., which all applied for more than 10 patents that year. More than 100 blockchain patents. However, native blockchain companies such as Zhonglian, VeChain, Ouluian, Qulian, etc. all ranked in the top ten in terms of patent applications that year.
In 2018, the number of blockchain patent applications was as high as 5,606. Traditional technology companies are accelerating their deployment in the blockchain field. Ping An Technology, Internet, Tencent, ZhongAn and Xunlei Group's Netcenter Technology entered the top ten in terms of patent applications that year, squeezing out native blockchain companies. Among the top ten, only complexMeili and Zhonglian are two native blockchain companies.
Traditional technology companies and financial companies have advantages in technology, talent, and market, and most of them are trying to seize the market for blockchain patents.
The three poles of blockchain
As of the end of the first half of 2019, the number of blockchain applications in China exceeded 8,440. Alibaba still tops the list with 257 items. Complex Beauty and Zhonglian Technology are two native blockchain companies.
Interchain Pulse selected the top 30 companies with the highest number of blockchain patent applications and further subdivided them into Internet companies, financial technology companies, and blockchain companies according to their fields. companies, communication companies, Internet of Things companies, universities and computer companies.
Currently there is a situation of "three parts of the world". The top 30 companies have applied for a total of 2,431 blockchain patents. Among them, Internet companies applied for 722 patents, accounting for 29.66%, including Alibaba, Internet, Tencent, Netcenter Technology, etc.; followed by blockchain companies, applied for 547 patents, accounting for 22.5%, including Complex Beauty , Zhonglian, Yunxiang, Ouluan, etc.; fintech applied for 541 applications, accounting for 22.2%, including Ping An Technology, Dianrong.com, Taikang Life, WeBank, etc.
The regional distribution of the top 30 blockchain patents also shows a trend of one-third of the world. Companies registered in Beijing applied for 845 patents, accounting for 34.7%, including China Unicom, China Network, Zhonglian, Qihoo, etc.; companies registered in Shenzhen applied for 830 patents, accounting for 34.1%, including Ping An Group, Tencent, Wangxin Technology, Launch Technology, etc.; there were 510 applications from companies registered in Hangzhou, accounting for 21%, including Alibaba, Complex Beauty, Yunxiang, Miyuan, etc. The performance of blockchain company clusters such as Guangzhou and Shanghai is not outstanding.
5. Complex and beautiful core technology - the development of Chain33 blockchain system
After understanding the basic situation of the enterprise Afterwards, Gao Guofei and his party sat in the conference room with Wu Sijin and listened to the introduction of the Chain33 blockchain system, the core technology of Complex Beauty. Regarding the development of blockchain technology, District Chief Gao Guofei was very optimistic. He said: "Blockchain must be a cutting-edge technology. In the future, the underlying layer must be highly transparent and highly credible." He also praised the beauty of complexity, "You guys It is an enterprise with real talents and real abilities.” Wu Sijin also said that the core competitiveness of Complex Beauty is talent. Hangzhou has the best technical developers in the country and even the world. Complex Beauty has now attracted a large number of technical talents to join, many from Alibaba, Huawei, etc.
At the end of the survey, District Mayor Gao Guofei continued to have in-depth exchanges with Wu Sijin, hoping to hear what companies need from the government at the current stage of development.support. When talking about the financial situation of enterprises, District Mayor Gao Guofei also pointed out that the district's fiscal development guidance fund can focus on the next step, so that enterprises can put down their burdens and focus more on research and development. District Chief Gao said humorously, “I can’t understand blockchain technology now, and I won’t be able to reach it in the future (when it develops).” Wu Sijin also said that 33 Complex Beauty is now developing steadily, and leaders come to guide us more and give us confidence. What should we do? All difficulties can be overcome.
Finally, in a pleasant and peaceful atmosphere, Gao Guofei and his team’s visit and research on Complex Beauty came to an end.
About Complex Beauty
The implementation of the Chain33 parachain architecture is a major breakthrough in the entire blockchain industry and an important prerequisite for quickly building a public chain. The developer of Chain33’s underlying architecture is Complex Beauty Technology Co., Ltd., a leading company in the blockchain industry. Hangzhou Complex Beauty Technology Co., Ltd. (www.33.cn) was founded in 2008. It has China’s first blockchain invention patent: wallet retrieval function. It has applied for nearly 200 blockchain invention patents, including 7. It has been authorized and 148 items have been made public, ranking among the top 10 in the world with Alibaba and Tencent. It has officially launched blockchain projects for many Fortune 500 companies such as Hainan Horizon, Midea Finance, and power giants. After five years of development, Chain33 has been open sourced since November 2018. The code has been submitted to the Github open source community more than 8,000 times and has been recognized by many partners.
Introduction to Chain33 Parallel Public Chain
Chain33 is a blockchain development system built by 33 Complex Beauty over a period of five years. Its first parallel public chain architecture (hereinafter referred to as parachain ) has been recognized and followed up for research by the Internet, Alibaba, 360 and other institutions. At present, the parachain has reached a cooperation with Microsoft and has been listed on the recommended page of the Microsoft cloud Azure market, which means that users can access the parachain more easily.
6. Alibaba and Tencent have entered the game, what is the magic of NFT?
Overnight, NFT has become a hot topic.
This concept, which seems to be only popular in geek circles, is now extremely popular "outside the circle". Starting in 2020, people from all walks of life, from Elon Musk to Yao Ming, from Coca-Cola to Disney and Marvel, to LV, GUCCI, eBay, and Facebook, have begun to play with NFT.
Sky-high auctions are an important driver of NFT's emergence in the industry - a set of works by digital visual artist Beeple, "Everydays: The First 5000 Days", was sold at Christie's for a sky-high price of US$69.35 million in the form of NFT. ; The "world's first tweet" consisting of only five words posted by the CEO of Twitter was auctioned for US$2.9 million. Currently, there are 4 plus people in the worldThe mysterious artist is worth hundreds of millions because of his popular works in the NFT field.
All kinds of strange things have been minted into NFTs, such as Steve Jobs’ handwritten “job application”, NBA game highlight moments, sneakers, WeChat/QQ avatars, virtual stones, Buddhist amulets, real estate, and World Wide Web source code , Nobel Prize papers, Time Magazine covers, etc.
In the scene where “everything can be NFT”, what exactly is NFT?
NFT is a Non-Fungible Token, and its "non-fungible" means that each NFT is unique and indivisible. This means that when a work is minted into an NFT, it becomes a unique digital asset on the blockchain.
Technological revolution, copyright protection variables, speculative bubbles, the prelude to the metaverse... different people have very different meanings in NFT. As NFT is making rapid progress in overseas markets, more and more domestic players are embracing this new thing. After the rise of the art field, domestic Internet giants have also sought to enter NFT. What changes will it bring about, and what do the major manufacturers intend to do?
Judging from the most practical technology implementation results, the entertainment and art industries are currently the most enthusiastic embracers of NFT.
NFT provides new ideas for solving copyright issues. When a work is cast into an NFT and put on the chain, the work is given a unique code that cannot be tampered with to ensure its uniqueness and authenticity. In this way, no matter how many times the work is copied or distributed, the original author remains the sole owner of the work.
Not only that, compared to traditional art trading forms, when NFT circulates, every transfer of its ownership means that the creator can profit from it. Take the trading platform Super Rare as an example. When conducting a first-hand transaction, the artist will receive 85% of the income, and the platform will receive 15%; when performing a second transaction, the seller will receive 90%, and the artist will receive 10%. In the traditional trading method, even if the original work is sold to sky-high prices in multiple circulations, it is difficult for the artist to profit from it again.
The potential for profit has attracted speculators. Coupled with the existing high-return cases of NFT, many players hope that the value of the NFT they bought will increase overnight.
Data from nonfungible.com, a website that tracks NFT market activity, shows that after Beeple’s work was sold at Christie’s this year for more than $60 million, the NFT market transaction volume that week reached $100 million for the first time. Although the subsequent decline in the cryptocurrency market had a certain impact on NFT transaction volume, in early May, the NFT market's transaction volume soared to nearly $200 million that week.
With the enthusiastic support of artists, geeks, investors and other parties, a mature NFT trading mechanism has gradually formed overseas - after the creator releases the NFT for the first time, other buyers can Secondary transfers and purchases are constantly taking place on the trading platform.
The process of an NFT being sold for the first time occurs in the primary market. There are many popular NFT projects in overseas markets. Data from nonfungible.com shows that in the second quarter of 2021, three NFT projects have sales of more than 10 million US dollars in the primary market, and there are currently four projects in the market worth With more than 10 million, MeeBits, the most valuable NFT project among them, is worth US$90.76 million. In addition, NBA Top Shot, which sells highlights of NBA stars, and CryptoPunks, which sells pixel avatars, are also very popular NFT projects.
The circulation process after issuance is the secondary market transaction. In addition to OpenSea, the world's largest digital collection trading platform, trading platforms Nifty Gateway, MakersPlace, Rarible, etc. are also very active. Most NFT trading platforms are based on the public chain "Ethereum". However, due to Ethereum's low throughput, high transaction fees, and crowded channels, some platforms will also choose to be based on new public chains such as Flow and GSC. In addition, large NFT trading platforms such as OpenSea and Rarible also have the "issuance" function of the primary market.
Compared with the popularity overseas, the development of NFT in China is a little late, but now more and more domestic players are involved in NFT.
The popularity of NFT in China also starts from art. Chinese crypto artist Song Ting is the 2020 Chinese NFT crypto art auction record holder. Since March this year, musicians Gao Jiafeng and Aduo have released their own NFT digital music works and been bought at high prices.
However, what is more conspicuous and influential is the entry of enterprises and institutions. At present, one of the institutions most actively embracing NFT is the music copyright agency:
In May this year , Alibaba Auction launched a special NFT digital art session, and then Alipay jointly launched 4 NFT payment code skins with the Dunhuang Fine Arts Institute and the domestic animation "Assassin Wu Liuqi" in June; in July, the IP of NetEase's game "Eternal Tribulation" was also authorized for distribution NFT; Tencent launched the NFT trading software Huanhe APP in August, with the first limited sale of 300 "Audio "Thirteen Invitations" Digital Art Collection NFT". Tencent Music (TME) also announced the first batch of limited edition "TME Digital Collection" "It will be released on QQ Music one after another.
However, unlike the public chains chosen by most overseas NFT trading platforms, Tencent and AlibabaWhen Ba entered the NFT field, it was based on the alliance chains of Zhixin Chain and Ant Chain built by his own company. Compared with public chains, alliance chain participants are controllable and have stronger privacy protection capabilities. In addition, NFTs launched by Tencent, Alibaba, NetEase, etc. cannot be traded for secondary transactions.
For example, after users purchase the "Audio "Thirteen Invitations" Digital Art Collection NFT", they can only view and collect it. The platform does not provide opportunities for secondary transactions, and currently users cannot The platform launches its own NFT works. Similarly, users can only view and collect Alipay payment code skins, and cannot transfer them to gifts or make secondary transactions.
In the context of the immature development of NFT in China, the caution of major manufacturers is obviously to prevent the testing of waters from turning into a hype craze for speculators. However, the signals revealed by the successive entry of entertainment industry and technology companies are equally obvious: NFT is an existence that cannot be ignored.
People's attitudes towards NFT are divided into two poles: supporters believe that NFT will not only affect copyright protection methods, but also from a longer-term perspective, NFT will make the concept of the "metaverse" a reality; but opponents But I feel that NFT is just a new way of speculation.
Both are not unreasonable. The impact of NFT itself is multiple.
The metaverse refers to a virtual world that is born out of the real world, parallel to the real world, affects each other, and is always online. NFT can serve as an important infrastructure of the Metaverse, capable of mapping virtual items and becoming the main carrier of native assets in the Metaverse.
In March of this year, because the game company Roblox wrote in its IPO prospectus that "Metaverse (Metaverse) is being realized", in the following six months, the game industry ushered in the Metaverse boom. According to the Financial Associated Press, in the first half of 2021, NFT blockchain games have raised US$1.4 billion in financing, and the number of daily active users of the NFT blockchain game Axie Infinity is as high as 250,000.
Some participants who have nothing to do with blockchain are also getting involved in the NFT game. On August 4, French fashion giant Louis Vuitton announced the launch of its own NFT mobile game; in July , Coca-Cola released an NFT virtual device that can be worn on the decentralized virtual reality platform Decentraland.
William Quigley, the former co-founder of USDT issuer Tether, said in an interview in July: “NFTs will coexist alongside movies, music and video games as a unique form of entertainment. All All consumer goods that cannot be eaten will become NFT.
Supporters regard NFT as a symbol of beliefSome people, but there are also many people who are cautious or even negative about the development of NFT.
Speculation is the most obvious chaos in the NFT craze. NFTs, whose prices are getting higher and higher, are making more and more outsiders jealous, and are constantly attracting new players to enter the market eagerly. Many voices have compared NFT to the "indiscriminate issuance of air coins" in previous years. At that time, exchanges at the top of the food chain did not strictly review air coins, resulting in a large number of air coins. The exchanges were therefore questioned for wanton "harvesting" Project parties and investors.
Will NFT follow the footsteps of air coins? There is no answer yet. Although many celebrities support NFT, the voices questioning NFT are hard to ignore.
Fred Ehrsam, the founder of Coinbase, said earlier: "90% of the NFTs produced may lose value in the next 3 to 5 years and be almost worthless. This is different from the situation in the late 1990s. The situation was the same for early Internet companies." Beeple, an artist whose works were auctioned for high prices earlier, also said in an interview with CNN's "First Move" that the sale of NFT for $69.35 million was "crazy."
Litecoin founder Charlie Lee also believes that only a few NFTs have extremely high value, such as works created by famous artists like Picasso. However, “since the cost of creating NFTs is almost zero, if If artists flock into this field in order to make a profit, then the market will be overwhelmed by this frenzy, supply will overwhelm demand, and prices will eventually collapse.”
Regulation is another pressure that NFTs may face. . The cautious attitude of major domestic manufacturers in promoting NFT reflects their emphasis on compliance. Alibaba and Tencent have repeatedly emphasized the scope and boundaries of their deployment in the NFT field.
In response to the misunderstanding of whether NFT is equivalent to issuing tokens, Ant Chain has made it clear: NFT is not a virtual currency. "NFT is an effective and reliable technical means to solve the problem of confirming the rights of digital artworks. It is unique and indivisible, does not have the characteristics of equivalent exchange, and is essentially different from virtual currencies such as Bitcoin."
In an online roundtable forum held by Tencent Research Institute, Qin Qing, director of blockchain products at Tencent Cloud, also said that issuance of NFT on the alliance chain can truly remove the attributes of currency. "We infer that the alliance NFTs issued on the chain can be issued in compliance with regulations."
NFTs are complex. Although they are a better way to protect copyrights, they also have potential hype attributes. The road to development in China It is also inevitable that China will face supervision. How can the development of NFT leverage its strengths and avoid its weaknesses? All Chinese participants need to explore the appropriate development path for NFT.
7. How far is Ant Chain from replacing electronic contracts
As an Alibaba company that was named by Jack Ma himself but has not even changed its name on the Internet, Ant Chain does seem a bit too low-key.
In that era when everyone must be called Bitcoin and everyone wants to do ICO, Ant Chain seems a bit out of place.
1|Ant Chain has accumulated more than 50 application scenarios
In 2015, Alibaba established a blockchain interest group internally and used its spare time to build a public welfare blockchain , Ant Blockchain was born.
Even in the hottest era of ICO in 2017, Ant Chain did not pay attention to the noise from the outside world. It has been silently exploring the application of blockchain, and has successively launched authentic traceability, cross-border remittances, etc. Products and services accumulate technical foundation.
Ant Chain is moving forward in the unaccompanied darkness and making its own way, very much like Alibaba Cloud in 2009.
Data source public data compiled by China Software Network
In 5 years, Ant Chain has accumulated more than 3,000 patents, and officially announced that it has more than 50 application scenarios, with an average daily increase of Chained 100 million times, it has become the largest blockchain application company in the world. Let those ethereal on-chain fantasies of 2017 shine into reality.
According to the research of China Software Network, Ant Chain is currently at least in supply chain finance, joint risk control, asset management, financial leasing, blockchain contracts, traceability services, electronic licenses, bill circulation, invoice circulation, and Information data service platform, remote bidding, blockchain copyright, digital logistics, digital warehouse receipts, joint marketing, points marketing, Jifenbao, digital commodity collaboration network, professional qualification certification services, donation traceability, time bank, pension charity It has relatively large-scale applications in 24 scenarios including prescription circulation, health services, etc. With the help of the "open alliance chain" established this year and the scale effect of the entire Alibaba family of enterprises, Ant Chain has reduced the cost of on-chain for small and medium-sized enterprises from millions to thousands.
Data source: public data compiled by China Software Network
Whose face will be hurt the most by such a large, comprehensive, broad and widespread slap?
2|Ant Chain aims at electronic contracts
What applications will Ant Chain replace? The first unlucky one must be the electronic contract.
Since the promulgation of the Electronic Signature Law of the People's Republic of China in 2005, national departments and agencies such as the National People's Congress, the State Council, the Ministry of Transport, the Ministry of Housing and Urban-Rural Development, and the National Immigration Bureau have successively formulated many laws, regulations, and Standards have greatly promoted the development of the electronic contract industry. At the same time, electronic contract manufacturers such as e-sign, Fada, Shangshangshou, Trust, and Contract Lock were spawned.
Data source: public data compiled by China Software Network
According to public data statistics, the electronic contract market has been growing year after year. onlyAs of the end of 2019, the cumulative number of electronic contracts signed by One eSignature has reached 10.5 billion times, with the average daily signing volume exceeding 20 million times. However, its main application scenarios are still concentrated in purchase and sale contracts of consumer terminals, transaction contracts with external enterprises, labor and social security document contracts related to human resources, as well as internal approval and certification documents within the enterprise.
Data source public data compiled by China Software Network
The country promotes relevant norms and standards, and also promotes the four major elements of legal compliance: true will, true identity, The original text and signature have not been changed.
The traceable, tamper-proof, and partially decentralized solutions provided by blockchain's distributed ledger technology are naturally adaptable.
Data source public data compiled by China Software Network
In the environment of commercial transactions, there are often a large number of multi-node and complex process businesses, which often show linear relationships. Before these nodes Insufficient trust, repeated information confirmation and communication will cause a lot of efficiency losses. Distributed ledger technology is currently the best technical solution in this regard.
As soon as electronic contracts were born, they encountered blockchain. These two things, which were born almost at the same time, suddenly found a natural fit in 2020.
3|Will Ant Chain completely replace electronic contracts?
The development path of Ant Chain is similar to that of Alibaba Cloud. Both were born and developed out of internal needs, and then transitioned to meet external needs to become a star business.
Starting from tracing Ant Charity’s project donations, it can range from managing Tmall’s cross-border products to providing supply chain financial services to internal companies, to protecting Taobao’s image copyrights and paying for Taobao products. Social security, electricity bills, and water bills have all completely found corresponding external demands.
It has begun to be applied in scenarios such as cold chain food management, tracing external payments, government finance, public welfare fund management, shipping port logistics and warehousing management, chip financing leasing, blockchain prescriptions, blockchain invoices, etc. .
Finally, we have achieved a little explosion in blockchain charity and a lot of flowering.
If Alibaba Cloud has solved the efficiency problem of cloud computing, then Ant Chain can be said to have solved the value problem of cloud computing. Ant Chain has opened up the physical world and the cloud world, and realized the digitization of assets and data. Breaking the ice on the boundaries of capitalization.
But in the final analysis, the cost cannot be avoided. Due to the complexity of blockchain technology, developing a blockchain application is a luxury for many companies. Developing a blockchain application requires investing millions of dollars, and it also requires connecting upstream and downstream to build an enterprise ecosystem. The time and energy behind it cannot be underestimated.
This is the same for Ant, which has spent huge sums of money to build a blockchain application platform. In recent years, it has applied for more than a thousand patents every year. After all, it needs to be commercialized. NowIn the ecological alliance developed through it, the "open alliance chain" has directly reduced this threshold cost to thousands, which is almost consistent with the charges of electronic contract companies. It is a devastating blow to electronic contract companies.
Whether it is its consensus algorithm performance index (TPS) of more than 100,000 times/second, or the recently released all-in-one software and hardware and end-to-end trusted environment, the technical indicators of Ant Chain have ranked first in the world. Yiqi Juechen, far surpassing international alliance chains such as Fabric, Quorum and Corda. Combined with Alibaba's strong business capabilities and government BD capabilities, it will never take more than 5 years to completely replace the current electronic contract form.
With the release of the Ant Chain all-in-one machine, the cost of enterprise on-chain is expected to be further reduced, and further optimization performance will be achieved in terms of deployment time, transaction speed, consensus delay, and accelerated cryptographic operations.
4|How will blockchain contracts develop next?
What will happen to the current blockchain electronic contracts in the future? We look at the development of blockchain applications from four levels: business, industry development, products, and technology:
1) At the business level, judging from the current application scenarios, there are still many blank areas with " The potential of "on-chain" needs to be developed. At present, it is very compatible with the financial industry. It can connect with other financial businesses such as banking, insurance, and securities industries, and is expected to be further integrated with RPA.
2) From the perspective of industry development, not only Ant Chain, but also the pursuer Tencent Blockchain are trying to build an ecology and develop alliance chains. The alliance chain can greatly improve transaction efficiency and reduce transaction costs because of its "multi-centralization" characteristics and the advantages of independent controllability, privacy protection, and high efficiency.
3) From the product level, the blockchain products of major manufacturers are all moving towards platform-oriented, whether it is Ant Chain’s BaaS platform or Tencent’s “TrustSQL”, they are all moving in the direction of platforms. Walk. In the future, small and medium-sized manufacturers can choose to join the SaaS camp of Internet giants, establish their own advantages in specific fields, and move in the direction of "small but beautiful".
Future on-chain applications are expected to provide users with diverse deployment models and product forms to meet personalized user needs. However, cross-chain data exchange and the adaptability of technology and data from different chains will be a challenge for these platform-based enterprises.
4) Since the development of blockchain, the three generations of public chains represented by BTC, ETH, and EOS have made varying degrees of sacrifices in terms of efficiency, security, and centralization. Although Ant Chain The technology is advancing by leaps and bounds, but these three mutually restricting indicators are still important problems that require continuous breakthroughs and are indispensable.
As the amount of data on the chain increases, this problem will become more and more obvious. Whether the current payment ability of Ant Chain customers can cover the cost remains to be seen.It remains to be seen further.
8. Popular explanation of what blockchain is
Question 1: What is blockchain? Can you explain the principle of 10-point blockchain in plain language: Go Centralized distributed accounting system
The core of blockchain technology is that all currently participating nodes jointly maintain transactions and databases. It makes transactions based on cryptographic principles rather than trust, so that any two parties who reach an agreement can Conduct payment transactions directly without the involvement of a third party.
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Technically speaking, a block is a data structure that records transactions, reflecting the flow of funds for a transaction. The blocks of transactions that have been reached in the system are connected together to form a main chain, and all nodes participating in the calculation record the main chain or part of the main chain. A block contains the following three parts: transaction information, hash hash formed by the previous block, and random number. Transaction information is the task data carried by the block, specifically including the private keys of both parties to the transaction, the number of transactions, the digital signature of electronic currency, etc.; the hash formed by the previous block is used to connect the blocks to realize the past The order of transactions; random numbers are the core of transaction completion. All miner nodes compete to calculate the answer to the random number. The node that gets the answer the fastest generates a new block and broadcasts it to all nodes for update, thus completing a transaction.
1.1 What is Blockchain
Blockchain (BlockChain) refers to a technical solution that collectively maintains a reliable database through decentralization and trustlessness. This technical solution mainly allows any number of nodes participating in the system to associate and generate a series of data blocks (blocks) using cryptographic methods. Each data block contains all the information exchange data of the system within a certain period of time, and generates The data fingerprint is used to verify the validity of its information and chain to the next database block.
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In layman’s terms, blockchain technology refers to a way for all people to participate in accounting. Behind all systems there is a database, which is a big ledger. Then who will keep this ledger becomes very important. At present, it is whoever owns the system who keeps the accounts. Each bank’s account books are kept by each bank, and Alipay’s account books are kept by Alibaba. But now in the blockchain system, everyone in the system has the opportunity to participate in accounting. If there are new transaction data changes within a certain period of time, everyone in the system can do accounting. The system will judge the person who has the fastest and best accounting during this period, write the recorded content to the ledger, and Send the contents of the ledger during this period to all other people in the system for backup. In this way, everyone in the system has a complete ledger. Therefore, this data becomes very safe. A tamperer needs to modify more than half of the system node data at the same time to truly tamper with the data. Such tampering would be extremely costly, making it nearly impossible. For example, Bitcoin has been running for more than 7 years, and countless hackers around the world have tried to attack it.Bitcoin, but there have been no transaction errors so far. It can be considered that the Bitcoin blockchain has proven to be a safe and reliable system.
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1.2 Why is there blockchain innovation?
Human beings need to communicate during their activities, and communication is based on information. In the past, information circulation was not convenient enough to satisfy market participants. There is a demand for information, so intermediaries and centers are born. This centralized system has problems such as high cost, low efficiency, value dispersion, "information islands" and insecure data storage. However, due to technical and environmental factors, this system continued to operate for many years until the emergence of the Internet. The starting point of the first generation of the Internet is the TCP/IP protocol, which is an open code that implements a unified format for peer-to-peer transmission of information by all nodes on the network, and brings the basic values of freedom and equality required by a global unified market into programmed, protocol-based, and reliably Execution. The Internet eliminates low-value, high-cost intermediate chains and achieves low-cost and high-efficiency global information transmission in a decentralized manner.
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However, the first generation of the Internet did not solve the problem of information credibility. Activities that can be decentralized on the Internet must be activities that do not require credit endorsement, and activities that require credit guarantee must be activities involving centralized third-party intermediaries. Therefore, Internet technology that cannot establish global credit has encountered great obstacles in its progress - people cannot participate in any value exchange activities on the Internet in a decentralized manner. To realize value exchange, people still need third-party intermediaries based on credit (such as banks, clearing agencies, exchanges). The global centralized credit system still has problems such as high operating costs, low efficiency, and vulnerability to attacks and damage. For example, each country's legal currency has different credit values and incompatible clearing systems, which adds a lot of cost to global trade.
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Therefore, what the second generation Internet must break through is: how to establish global credit in a decentralized manner? Let...>>
Question 2: What is blockchain? What does it mean in layman’s terms? What is China’s attitude towards blockchain? What can blockchain do? Blockchain, a great technology that accompanied the birth of Bitcoin, is currently being used in the financial field to significantly reduce transaction costs and improve efficiency, which is enough to excite Wall Street. However, this is just the tip of the iceberg. Its potential applications are very broad and will subvert every aspect of our lives in the future.
Blockchain is an important concept of Bitcoin. It is essentially a decentralized database and serves as the underlying technology of Bitcoin. One of the most basic characteristics of Bitcoin is decentralization. In recent months, financial giants have gradually begun to pay attention to Bitcoin's technology and used it in non-monetary fields, such as stock trading, election voting, etc. (1) Art Industry
ArtistWe can use blockchain technology to claim ownership and issue numberable, 100% editions of works in digital form for any type of artwork. It even includes a marketplace where artists can buy and sell through their website without the need for any intermediary services.
(2), Real estate industry
Use blockchain technology to solve various problems faced by everyone involved in real estate, including the naming process, land registration, agency intermediaries, etc.
(3), Insurance Industry
The financial industry has always been the most sensitive to advanced technology. Traditional banking and securities industry giants have been involved in the booming blockchain venture capital investment since 2014, with total global investment reaching US$1 billion within two years.
(4) P2P wallet
Personal assets can be traded through this P2P wallet in the future without going through any central institution, such as Bitcoin.
Most blockchains are in their infancy, mainly overseas. There are very few good domestic blockchain projects, so it is not recommended for any non-professionals to invest in blockchain projects. If you are very interested in blockchain technology and have a technical or financial background, it is recommended that you consider starting a business in this area. In terms of the blockchain protocol system, the lowest layer is the underlying technology of the blockchain, including the technical protocols of the blockchain, as well as some platform routing and basic algorithms; in the middle layer, some application interfaces and some credentials must be solved Issuance and verification, including some industry platform services, big data analysis, etc. This is a very rough classification, and there should be more detailed classifications; the top ones are some applications of blockchain, including finance Some applications and some applications in other aspects, the Internet of Things and so on.
Introduction to Bubi Blockchain
Bubi Blockchain has been focusing on the research and development and innovation of blockchain technology and products since its establishment. It has a number of core technologies and has achieved substantial results in many aspects. Radical innovation has resulted in a number of core technological achievements, such as: mathematically provable distributed consensus technology, fast large-scale ledger access technology, multi-chain general ledger technology that supports business expansion, and interconnection technology between heterogeneous blockchains. wait. On April 25, "Gege Points" introduced the concept of blockchain into the points system, jointly opened it up with multiple parties, issued and redeemed points, and promoted the circulation of points. Each cooperative institution can jointly participate in transaction verification, ledger storage, and real-time settlement; the third-party payment platform of the enterprise points issuer makes the entry and exit of points more flexible. Bubi has developed its own basic blockchain service platform, which has been applied in equity, supply chain, points, credit and other fields. Bubi has been committed to building an open value circulation network with decentralized trust as the core, allowing digital assets to flow freely.
A simple understanding of blockchain is a technology at the bottom of Bitcoin, which is a peer-to-peer electronic cash system that can realize peer-to-peer value delivery. We should distinguish between Bitcoin, Bitcoin blockchain, and blockchain.Concepts such as blockchain and blockchain technology. In countries with relatively developed finance in the past, finance and blockchain technology have a long history, and the legislation of digital currencies and blockchain networks is also very important. With the advent of the financial era, large financial institutions are studying blockchain technology. They have their own teams and conceptual technologies. Slowly, banks in various regions are also participating in digital currency discussions. The application and support of this technology are not only that. The influence of blockchain on enterprises is also huge. For larger domestic enterprises, Bubi Blockchain is also used in various equity, supply chain, points and other fields. Major domestic financial institutions and enterprises have taken a fancy to the new industry. value, they have developed their own blockchain platforms, and blockchain has instantly become a new innovative industry in China. In terms of overseas internationalization, the United States has already obtained 15 blockchain patents at the end of last year compared to China. Blockchain financial applications are entering a new stage in an all-round way. Various applications will become more and more in-depth, and related changes will also become more and more profound. It has attracted more and more attention and will form a huge new trend... >>
Question 3: What is blockchain technology? What exactly is blockchain? What is blockchain? 1. Data blockchain is an important concept in the Bitcoin financial system. It records transaction record data on the entire Bitcoin network, and these data are shared by all Bitcoin nodes. Through the data block, we can query each transaction record. A look at the history of Bitcoin transactions. 2. Example: There are three persons A, B, and C. All funds of A and B are kept by C. And every financial transaction must be recorded by C. Now assume that A and B each have 1 million in custody of C. Then: A spends 80,000 yuan to B, then C's account book record will subtract 80,000 yuan from A's name, and add 80,000 yuan to B's name. If B transfers 50,000 yuan to A, C will add 50,000 yuan to A's name and subtract 50,000 yuan to B's name in the account book. A spends 50,000 yuan to B, then C's account book record will subtract 50,000 yuan from A's name, and add 50,000 yuan to B's name. 3. The role of the data blockchain is similar to that of C’s account record book. It records the user’s ownership of Bitcoin and the records of all users’ Bitcoin transactions. It’s just that this “account record book” is recorded by the mining software of every Bitcoin miner on the network. If a Bitcoin transaction is confirmed by the data blockchain, the relevant information will be recorded in the data blockchain. Bitcoin’s “account record book” is called the data blockchain. All data blockchains on the network form Bitcoin’s distributed network database system. 4. The essence of data blockchain technology is a decentralized and distributed structure of data storage, transmission and certification methods. It uses data blocks to replace the current Internet's dependence on central servers, so that all data changes or transaction items are recorded. On a cloud system, the self-certification of data during data transmission is theoretically realized. In a far-reaching sense, this transcends the traditional and conventional information verification paradigm that relies on a center and reduces the global "trust" problem.With "" establishment cost, this point-to-point verification will produce a "basic protocol", which is a new form of distributed artificial intelligence and will establish a new interface and shared interface for human brain intelligence and machine intelligence.
Question 4: What is blockchain: This explanation of blockchain is more understandable. Blockchain refers to a technical solution that collectively maintains a reliable database through decentralization and trustlessness.
/> In layman’s terms, blockchain technology refers to a way for all people to participate in bookkeeping. There is a database behind all systems. You can think of the database as a big ledger. Then who will keep this ledger will change. It is very important. At present, whoever owns the system keeps the accounting. Tencent keeps the account book of WeChat, and Alibaba keeps the account book of Taobao. But now in the blockchain system, everyone in the system can have the opportunity to participate in the accounting .If there are any data changes within a certain period of time, everyone in the system can do accounting. The system will judge the person who has the fastest and best accounting during this period, write his recorded content into the ledger, and record it. During this period, the contents of the ledger are sent to all other people in the system for backup. In this way, everyone in the system has a complete ledger. In this way, we call it blockchain technology.
District Blockchain technology has become the darling of the financial community in China and has become a hot topic. The domestic Puyin Group has launched Puyin, a tea-based digital currency.
Question 5: Easy to understand Explain clearly what is a blockchain. Blockchain can be understood as a database system in a sense. The development of blockchain can be divided into 1.0 and 2.0
1.0 is represented by Bitcoin, and its main applications have been Virtual currency or digital currency applications. Blockchain at this time can only be used for simple digital currency transactions.
2.0 is represented by the now popular ethereum (Ethereum) and the upcoming hyperledger. At this stage Blockchain can not only meet the corresponding digital currency transactions, but also use smart contracts to customize currency or asset transactions. If we also use the database as an analogy, the emergence of smart contracts can be understood as allowing users to define functions in the database. ) or stored procedure (procere), and called and executed.
Different from traditional databases, the blockchain introduces some specific elements such as consensus mechanism, incentive mechanism, p2p (network), hash, etc. Let it have the characteristics of openness, decentralization, and non-tampering.
Question 6: What is the blockchain? Can anyone explain in a popular way that the blockchain is the underlying technology of Bitcoin? Just like a ledger, it records all transaction records. It is decentralized. What is decentralization? For example, when you buy something on Taobao, you place an order and pay.The payment is transferred to Alipay, and Alipay will transfer the money to the seller after you receive the goods. Alipay is the third party in that center. Without it, it means decentralization, just like buying things offline. If you pay with one hand and get the goods with the other hand, there is no third party.
The blockchain itself is a series of cryptographically related data blocks generated.
Look carefully to see if it looks like a ledger. The pieces one by one are blocks, and connected together they are the blockchain.
Many companies are developing this technology, including ours, and its prospects are incredible. For details, you can go to our official website and hope to adopt it, thank you
Question 7: What is blockchain technology? What is blockchain? How to explain the concept of blockchain? People in each industry have different understandings, and relevant explanations are gradually emerging due to more and more real-life applications. With the popularization of this blockchain technology, the related results are getting bigger and bigger. If we want to understand this technology, we must have an in-depth understanding of reality.
In the past six months, the concept of blockchain has gradually become popular in China, and a blockchain whirlwind has taken off in the financial circle. Blockchain has attracted the attention and favor of more and more people in the industry due to its unique technical advantages. Blockchain technology, which is decentralized (or multi-centered), highly transparent, cannot be tampered with, and has no single point of failure, is entering the field of vision of financial institutions and enterprises. It has at least been used in digital currency, payment exchange, registration and settlement, Digital assets, traceability and anti-counterfeiting, supply chain, Internet of Things and many other fields have moved from theoretical discussions to practical applications.
"Blockchain" was first introduced with "Bitcoin" released in early 2009. Blockchain has become the basic protocol and technical application for the launch, recording, and circulation of Bitcoin. Although Bitcoin has been controversial since its inception and cannot even be regarded as a "currency" by governments and monetary authorities, the blockchain technology used in Bitcoin has been recognized by governments, including governments and monetary authorities. extensive attention.
Why has blockchain become a rapidly heating up hot technology and topic?
The most important of these may be that the launch of Bitcoin based on blockchain technology has opened up a new relationship with traditional society ( The exploration and attempt of new technologies and rule systems such as Internet user identity verification, wealth confirmation, transaction records, notarization and verification, which have little connection with offline) and are completely applied to the online world (online), provide people with the opportunity to adapt to the Internet society. Development provides alternative paths and unlimited imagination.
Judging from its application in Bitcoin, blockchain is a set of new network blocks (BLOCK, also called communities) formed by combining encryption technology with the Internet. Bitcoin configuration, netizen identity verification, and Bitcoin (value) confirmation formed by mining, Bitcoin transaction records, and extended encryption of Bitcoin cross-block flow (value transfer) (added block and transaction time identification, etc. factors) registration and inspection and verification, etc., block connectionInternet protocol rules and accounting (Ledger) system that are connected (Blockchain), fully encrypted, and mutually authenticated. Precisely because Bitcoin is not a substitute for offline legal currency, but is issued and managed by non-legal currency authorities, mainly imitating the model of gold, and is completely new and decentralized protected and supported by basic Internet protocols and strict encryption technology. Internet currency (virtual currency) has thus formed a new set of currency rules and systems that are different from and not subject to real social laws, and can be bought, sold or exchanged with legal currency. It has been more than 8 years since Bitcoin was launched. There has been no record of funds or user information being stolen. Its security has been verified, and its efficiency and cost of fund settlement also have obvious advantages. This has made people's confidence in the blockchain technology used in Bitcoin continue to increase, and people have become more and more aware that although blockchain is a technology and protocol pioneered and applied by Bitcoin, the blockchain Chain is not the same as Bitcoin, and its application is by no means limited to Bitcoin. The application of blockchain can be decentralized or centralized; it can be a public chain model or a private chain model. Therefore, after Bitcoin, blockchain technology is also constantly developing and innovating, and constantly exploring new application fields, especially in the financial field.
The reason why blockchain is valued highly by more and more people is because the development and widespread application of the Internet have caused more and more economic exchanges and transaction activities to be conducted online, and the online world (or online world) society) is rapidly expanding, enriching and active, and online transactions must solve the efficiency and security protection issues of the parties' identity verification, value verification, transaction records, inspection and verification, etc., and require strict intermediaries and agreements (rules or constitutions). In this regard, traditional thinking and customary practices are to follow the development trajectory of the transfer of offline transactions to online and push the common rules and practices of the real (offline) society to the online (network) society. However, in practice, it is increasingly It is difficult to adapt to the needs of online transactions.
For example, for the identity verification of the parties, the natural choice is to use the information on the identity documents protected by the laws of various countries as the basis, and then add account or transaction passwords, as well as facial recognition, iris, fingerprints and other biometrics to conduct online transactions. Verification, but this method first makes the citizen identity information in the cross-border interconnected online world subject to the administrative jurisdiction of real society... >>
Question 8: Easy to understand Explain clearly what is blockchain. The English name of blockchain is Blockchain. Block literally means block, block, and chain means chain, chain. Therefore, together they are translated into blockchain.
1. Use cryptography technology to encrypt and decrypt so that records cannot be tampered with. Common blockchain encryption methods include hash algorithm, RSA algorithm, elliptic curve algorithm, etc.;
2.The huge amount of calculation needs to be supported by a reasonable reward mechanism. Because every transaction must be recorded, Bitcoin’s blockchain has more than 60 gigabytes so far. Every new transaction requires confirmation of the information related to the trading account to ensure that the transaction is valid. The huge amount of calculation requires a computer with powerful computing power to complete.
In order to encourage the participation of powerful computing power, Bitcoin provides two rewards: one is to issue a certain number of Bitcoins to these computers every day; instead, all transfer fees are awarded to these computers. (The technical term for these computers is "mining machines", and the people who hold the mining machines are called "miners".)
Biying China is working hard on the digitization of assets and has launched the digital currency crowdfunding platform Biying China.
Question 9: What is the so-called "blockchain"? Blockchain itself is a tool called decentralization and trustlessness. For example, when you graduate from university, the current practice is to have a certificate recognized and issued by an authoritative agency as your certificate. This setting is more troublesome, because this is a piece of paper, and paper can be forged, so there will be various gaps. The issuing authority is also a person, and there will be various gaps in the middle. As long as it is related to people, whoever There are various possibilities related to media. The blockchain provides a great opportunity. As soon as you graduate, you will have a record on the blockchain. No one can change this record. This thing exists objectively. You, as a physical existence , and then as a data existence, the blockchain was born. In this case, anyone who wants to check where you graduated can easily solve the problem. This is similar to the big data often involved in social networking (WeChat) and payment platforms (Alipay, Yibao).
Question 10: What does blockchain mean? Regarding blockchain, I think you have already seen the concept on the Internet. Let me explain it based on my understanding!
First, let’s talk about its characteristics: 1. Openness and transparency 2. Decentralization 3. Anonymity 4. Information cannot be tampered with, eliminated 5. No trust cost
Blockchain is like a public ledger , everyone has the right to record and read, and everyone will jointly supervise to ensure its accuracy, and the recorded content will be permanently saved, and can only be added but not deleted! However, as the number of blocks continues to increase, costs will increase and efficiency will decrease. (I’m not sure whether technology can be used to make up for this. I hope someone who understands technology can point it out.)
Blockchain is divided into public chain, private chain, and alliance chain. Public chain: accessible to everyone, everyone has read and write permissions, completely open, transparent and decentralized. Private chain: Open to individuals or institutions, in which the owner of the private chain can set various permissions to make it partially centralized. Alliance chain: Open to specific organizations or groups, it is also "partially decentralized". According to the ledger at the beginning, members can view and trade, but cannotAbility to record and confirm bills, or with league permission. (The latter two do not have cost and efficiency issues)
Regarding blockchain, countries have begun to recruit talents in this area. For this, you can search online for "Central Bank Recruiting Digital Currency R&D Personnel". In addition, you can increase your understanding of blockchain by understanding its existing applications. What we usually refer to generally refers to public chains. Currently, those used abroad include Bitcoin, Ethereum and other domestic blockchains. Chain
1. Open and transparent: Every piece of data is verified by everyone and can be viewed by everyone at any time.
2. Decentralization: For example, when we shop on Taobao, we conduct transactions through the intermediary Taobao, and blockchain allows both supply and demand parties to directly contact each other for direct transactions through blockchain technology.
3. Anonymity: No personal privacy information is required to complete transactions on the blockchain, only your unique alphanumeric signature is required.
4. Information cannot be tampered with or deleted: Once the data has been verified and recorded, no one has the authority to modify it, let alone delete it!
5. No trust cost: The trust crisis in reality will not appear in the blockchain. Transactions in the blockchain do not require you to trust the other party. Only when both of you have enough "digital assets" to trade can it be carried out, and Under the supervision of the entire network, transactions will not be broken. If you have no idea about the cost of trust, just think about how many intermediaries there are in your city, or just think about Jack Ma, and you will know how big the cost of trust is.
I am still learning more about blockchain. I am Li Ailin. If you have any questions, you can discuss and learn together!
9. Blockchain opens the "Great Copyright Era" with value
With the development of the Internet, the digitalization process of the cultural industry has accelerated, and traditional copyright technology has been unable to meet the needs of copyright protection. The industry believes that in order to cope with the copyright protection challenges brought about by digital development, in addition to national policy guidance, the application of new technologies such as blockchain and big data will also play an important role. Recently, Xinhua News Agency China Picture Group stated that it will join hands with the DCI system to build a national imaging copyright service platform that integrates new technologies such as blockchain and digital watermarking.
In fact, in recent years, the country has continuously introduced various policies to support the development of the blockchain industry and encourage the innovative application of blockchain technology.
In 2016, the State Council issued the "Thirteenth Five-Year Plan for National Informatization", which for the first time included blockchain into the category of new technologies and made a cutting-edge layout.
On March 13, 2021, the "Fourteenth Five-Year Plan for National Economic and Social Development of the People's Republic of China and the Outline of Long-term Goals for 2035" was announced, and blockchain was listed as one of the seven digital economies. One of the key industries.
On July 16, 2021, the People's Bank of China released the white paper "Research and Development Progress of China's Digital RMB".It is shown that as of June 30, 2021, there have been more than 1.32 million digital RMB pilot scenarios, covering living payment, catering services, transportation, shopping and consumption, government services and other fields.
Recently, there is constant news about the positive development of the copyright industry and the innovation and development of blockchain technology. First, the China Copyright Protection Center will cooperate with Huawei to build my country's independently innovative DCI (Digital Copyright Identifier, Digital Copyright Unique Identifier) system and create a new ecosystem for the Internet copyright industry based on blockchain technology; second, Xinhua News Agency China Picture Group said , will join hands with the DCI system to jointly explore innovative research in the field of image content copyright in the 5G era, build a national image copyright service platform, and jointly build a new ecosystem for Internet visual copyright transactions.
The "Blockchain Digital Copyright Asset Transaction" channel jointly built and promoted by Alibaba Auction and Xinbian Chain was also launched nationwide recently and started previewing. The Alibaba auction platform is an innovative application of blockchain technology in the digital copyright industry. According to reports, the "Blockchain Digital Copyright Asset Transaction" project provides copyright owners engaged in literature, games, animation, music, art, etc. with the verification and on-chain transactions of digital works based on the "New Version Chain". The copyright of the work generates a unique digital copyright asset certificate in the "New Edition Chain". After the transaction, the legal holder of the copyright asset certificate will have all rights except the signature right of the digital work.
It is worth noting that the national image copyright service platform created this time will use new technologies such as blockchain, image invisible digital watermarks, network-wide image copyright detection, big data, and artificial intelligence. The industry believes that digital watermark technology can currently be used in eight scenarios, including radio and television content monitoring, media asset retrieval, film and television drama review and leakage prevention, advertising monitoring and statistics, movie projectors, Internet copyright protection, military information confidentiality, and IP product anti-counterfeiting. , the cumulative market size exceeds 2 billion yuan. The absolute advantages of technology and resources are obvious, and the revenue scale of digital watermarking business is expected to expand significantly in the future.
Blockchain naturally solves the ownership confirmation problem in the information storage process based on mathematical principles. The recording, transmission and storage results of copyright information are all effective and credible. Once produced, the information recorded in the blockchain will be permanently recorded and cannot be tampered with. Only by possessing more than 51% of the computing power of the entire network can it be possible to modify the relevant copyright information.
In traditional intellectual property rights protection activities, a series of phenomena such as low execution efficiency of third-party agencies, difficulty in obtaining evidence, high costs, low compensation, and long cycle are common. In the information exchange and interconnection in the blockchain global network, efficiency can be greatly improved without the need for third-party processing. Generally speaking, blockchain solves the problem of being unable to tamper with registration time and content, while digital watermark technology solves the problem of providing evidence.
Relevant personnel of Hanbang Hi-tech once compared it: "I found that someone pirated my content and included my watermark. This can provide evidence to prove the problem of piracy and copyright confirmation." Industry insiders pointed out that if the watermark is used On the chain, the combination of blockchain + digital watermark can perfectly solve the core pain points of the original copyright protection technology’s cumbersome confirmation of rights, and has high technical value.
Blockchain is closely related to our future. It is an imaginative concept. Many people think that blockchain is only related to digital currency, but actual exposure to blockchain may occur more in: health codes, online ride-hailing, stock trading... In fact, blockchain and its technology Derivative applications can be said to be the hottest emerging industry at the moment.
Blockchain cannot represent the future, but its future has great possibilities. Regarding the application scenarios of blockchain technology in copyright protection, what still needs to be done is to conduct in-depth research on the core technology of blockchain and understand the application nature of blockchain-enabled industries. The application of technology will be in place, the process will be standardized, the information security on the chain will be solved with focus, and it will be truly and effectively implemented in the physical field, so that the future industrial blockchain will usher in a new era of rapid development.
10. What blockchain technology application and development platforms are currently available in China
The so-called blockchain technology, referred to as BT (Blockchain technology), is also called distributed ledger technology. It is an Internet database technology that is characterized by decentralization, openness and transparency, allowing everyone to participate in database records.