宜信区块链研究院,宜信资金链

A. What is the background of CreditEase Puhui

CreditEase Puhui is a company listed on the New York Stock Exchange in the United States, Yiren Jinke (NYSE: You know on the Internet, a listed company) My son, reliable! CreditEase has developed for so many years and has become a leader in the industry. Whether it is compliance or strength, you can use it with confidence. After all, it is a listed company.

B. CreditEase Puhui: Facilitating the normalized application of blockchain technology and empowering the development of financial technology

Recently, in the “14th Five-Year Plan” outline, it was pointed out that smart contracts and consensus algorithms should be comprehensively promoted , encryption algorithms, distributed systems and other blockchain technology innovations, focus on the alliance chain to develop blockchain service platforms and application solutions in the fields of financial technology, supply chain management, government services and other fields, and improve the supervision mechanism.

It can be seen that blockchain application innovation has officially become one of the national strategies and will surely have a significant impact on the financial industry. Under such a situation, financial institutions are accelerating blockchain-related exploration and promoting blockchain technology Play a greater role in the financial field. Next, follow CreditEase Puhui to learn about blockchain!

What is blockchain

District Blockchain is a chain data structure that combines data blocks in a specific order in chronological order. It stores records of all transactions since the birth of the system. The data on the blockchain is jointly maintained by nodes throughout the network. And stored together, while cryptographically ensuring that the block data cannot be tampered with or forged. Therefore, the blockchain is essentially a distributed shared database.

The blockchain is a distributed data storage and point-to-point transmission , consensus mechanisms, encryption algorithms and other computer technologies in the Internet era, it is an information technology solution to solve trust problems and reduce trust costs. The application of blockchain technology can eliminate traditional trust intermediaries and subvert the traditional existence of Thousands of years of old centralized model solves the trust problem between strangers and significantly reduces the cost of trust without the need for a centralized trust intermediary.

How does the blockchain solve the supply chain? Financial Pain Points

Supply chain finance is based on core customers, based on real trade background, using self-reimbursement trade financing, and through professional means such as accounts receivable pledge registration and third-party supervision. Close the flow of funds or control property rights, and provide comprehensive financial products and services to upstream and downstream enterprises in the supply chain.

The foundation of supply chain finance is also the supply chain. The supply chain involves information flow, capital flow , logistics and business flow are naturally a multi-subject and multi-collaboration business model. In this case, if you want to carry out trade financing, you will first encounter many authenticity issues, such as the authenticity of transactions and the authenticity of documents. Both require confirmation from multiple parties, which consumes a lot of manpower and material resources; secondly, it involvesThere are many entities involved, and there is a problem of difficulty in interconnection. For example, each entity uses a different supply chain management system, enterprise resource management system, and even financial system, making docking difficult. Even if they are connected, it will be difficult to share information due to inconsistent data formats and data dictionaries.

Characteristics of blockchain

1. Decentralization

The distributed structure of blockchain means that data is not recorded and stored in the center. Instead of using a dedicated computer or host, each node participating in the data transaction records and stores all data information. To this end, the blockchain system uses an open source, decentralized protocol to ensure complete recording and storage of data. The blockchain has built a complete set of protocol mechanisms, allowing each node in the entire network to participate in recording data while also participating in verifying the correctness of the recording results of other nodes. Only when most nodes (or even all nodes) in the entire network confirm the correctness of the record will the data be written into the block. In the distributed structure network system of the blockchain, the network nodes participating in the recording will update and store all data in the entire network system in real time. Therefore, even if some nodes are attacked or destroyed, the data update and storage of this system will not be affected.

2. Unforgeable

The principle of blockchain recording requires all nodes participating in the recording to jointly verify the correctness of the transaction record. Since all nodes are recording every transaction in the entire network, once the information recorded by a node does not match that of other nodes, other nodes will not recognize the record, and the record will not be written into the block.

3. Non-tampering

It is almost impossible to change a certain block and the transaction information within the block. If this block is changed, every subsequent block will be changed. Therefore, anyone trying to tamper with the data must simultaneously invade at least 51% of the nodes participating in the global record and tamper with the data.

Mathematical encryption

Each transaction requires a valid signature before it will be stored in the block. Only valid digital keys can generate valid signatures. Keys come in pairs and consist of a private key and a public key. Among them, the public key is public, and the private key is only visible and used by the owner, and is used for transaction signatures to prove digital identity.

What are the advantages of introducing blockchain?

First, to solve the problem of information islands, multiple stakeholders can set rules in advance to accelerate data interoperability and information sharing;

Second, according to property rights law , Electronic Contract Law, Electronic Signature Law, etc., the accounts receivable certificates of core enterprises can be converted into transferable and financing confirmation certificates through the blockchain, making the core enterprisesCorporate credit can be passed along trusted trade links. Based on mutual confirmation, the entire certificate can derive various operations such as splitting and traceability;

Third, provide credible trade data, such as providing an online basis under the blockchain architecture Tightly structured and complete records of contracts, documents, payments, etc. improve information transparency and achieve penetrable supervision;

Fourth, achieve cost reduction and efficiency improvement. After the credit of the core enterprise is transferred, small and medium-sized enterprises can use the credit line of the core enterprise to reduce financing costs and improve financing efficiency;

Fifth, realize smart liquidation of contracts. Automatic clearing and settlement based on smart contracts reduces manual intervention, reduces operational risks, and ensures the safety of repayment.

CreditEase Puhui believes that blockchain supports commercial applications with high performance, high scalability, and high security, provides financial technology companies with multi-level data security and privacy protection, and supports automatic monitoring and failure Alerts help track all transactions that occur in the system and contribute to the healthy and orderly development of the financial technology industry.

C. Blockchain, how to solve the financing difficulties of small and medium-sized enterprises

In recent years, companies arrears with wages and bosses run away have become commonplace in the news, " Jokes about "Jiangnan Leather Factory" also appear on social media from time to time. These "news" that are no longer new remind everyone repeatedly that the old problems of corporate financing for many years have become "new" dilemmas that have been unresolved for a long time. Everyone is thinking Is there any way to solve the problem? With the development of financial technology, maybe blockchain is bringing new ideas to this old problem?

Economic Perspective Viewing the World WeChat Public Account [Jianghan Vision Observation] ID: jianghanview

D. Which blockchain public accounts have been blocked

On the evening of August 21, several self-media public accounts in the blockchain field were blocked, including but not limited to "Huobi Information", "Golden Finance Network", "Coin World News Service", and "Deep Chain Finance" ", "Cannon Rating", "Daily Coin Reading", "TokenClub", "Wu Jie Blockchain", etc.

WeChat official said this evening that some public accounts were suspected of publishing ICO and virtual currency transaction speculation information, violating the "Interim Regulations on the Development and Management of Public Information Services for Instant Messaging Tools" and have been ordered to block all content and accounts. Permanently suspended.

At the same time, Du Jun, as the co-founder, independent director, shareholder and former chief marketing officer (CMO) of Huobi.com, holds 4.22% of the shares of Huobi.com, The two have achieved cross-shareholdings.

The operating entities of Bishijie are Beijing Bishijie Network Technology Co., Ltd., Jiaxing Zhenge Tianyu Equity Investment Partnership (Limited Partnership) and Shanghai Fengrui Venture Capital Center (Limited Partnership) each hold Bishijie 5% equity. The former represents trueThe latter's shareholders include private equity Zhehao Assets and Puzhong Xincheng under CreditEase Group, private equity Gopher Assets under Noah Wealth, and Septwolves Group.