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1. What is the future prospect of the blockchain industry?

Five major aspects of the growth potential of the blockchain industry promote the healthy development of technology

Basic overview analysis of blockchain

Blockchain technology, as a technical solution for collectively maintaining a reliable database in a decentralized manner, has the characteristics of decentralization, tamper-proof, and high scalability. It is becoming an emerging technology after big data, cloud computing, and artificial intelligence. , virtual reality and other technologies, it is another emerging technology that will have a major impact on the future and is expected to promote mankind from the information Internet era to the value Internet era.

The United States, Japan and some countries and regions in the European Union have elevated the development of blockchain to an important national development strategy and vigorously promoted the research and development, application and promotion of blockchain technology. Our country also attaches great importance to blockchain technology innovation and industrial development. With the joint participation of IT and other companies, a large number of new companies, new products, new models, and new applications have emerged. Blockchain has been widely used in finance, government affairs, energy, and medical care. Applications in other industries are gradually unfolding, and it is becoming an important force driving technological product innovation and industrial transformation in various industries.

Blockchain development is divided into three stages, namely Blockchain 1.0 represented by Bitcoin and related financial infrastructure applications, and Blockchain 2.0 represented by smart contracts. , is currently gradually moving towards the blockchain 3.0 stage, which is based on blockchain technology and has in-depth application of more complex smart contracts.

Statistical analysis of blockchain investment and financing in the first half of the year

Since 2016, the frequency and amount of investment and financing in my country’s blockchain field have increased dramatically. According to statistics from the "In-depth Analysis Report on Business Model Innovation and Investment Opportunities in the Blockchain Industry" released by the Qianzhan Industry Research Institute, in the first half of 2018, the financing amount in the blockchain field was approximately 10.7 billion, a year-on-year growth rate of 1,426 billion compared with the same period in 2017. %; The number of investment and financing events in the blockchain field reached 205. It is expected that investment in the blockchain field will usher in another peak this year.

From the perspective of the distribution of investment and financing rounds in China’s blockchain field, early-stage investment rounds (before Series B) account for more than 95%. Many industry pioneers participate in the investment, and most companies are still in the process of investing. Horse racing and enclosure.

Blockchain investment and financing statistics and growth from 2014 to the first half of 2018

Data source: Compiled by Qianzhan Industry Research Institute

my country attaches great importance to the development and application of blockchain technology. Driven by multiple forces such as policy, technology, and market, the pace of blockchain innovation continues to accelerate, and it is deeply integrated with technologies such as cloud computing, big data, and the Internet of Things. The scope of explored applications has also expanded from digital assets to supply chain management, intelligent manufacturing, Expand and expand in more fields such as industrial Internet, social welfare, copyright protection, etc.

Five major aspects strive to promote the healthy development of blockchain technology and promote the high-quality development of the digital economy

1. In-depth research and grasp of blockchain technology and industry development trends. Pay close attention to the latest trends in international development and jointly promotePromote blockchain-related technology and industry research, promote the standardization of blockchain development industry behavior, and create a good development environment.

2. Strengthen the construction of core technical capabilities of blockchain.

Establish and improve a collaborative promotion mechanism among key enterprises, universities, and research institutions, guide IT enterprises to strengthen technical reserves, accelerate breakthroughs in key core technologies, and improve blockchain performance, efficiency, and security.

3. Support entrepreneurship and innovation in the field of blockchain

Encourage blockchain enterprises and user units to carry out cross-border integration, guide industry organizations to establish public service platforms, and support third-party institutions Carry out blockchain service evaluation and testing, promote rich industry applications of blockchain, and serve the transformation and upgrading of the real economy.

4. Actively build and improve the blockchain standard system

Accelerate the development and application promotion of key standards, and gradually build a complete standard system. Actively connect with international standards organizations such as ITU and ISO, substantially participate in more international standardization work, and actively contribute more "Chinese power."

5. Accelerate the improvement of the policy environment for blockchain development

Support qualified enterprises to carry out application innovation and model innovation, guide and encourage enterprises, universities and scientific research institutes to jointly cultivate blockchain Professional talents needed for chain development. Support qualified blockchain companies to enjoy the country’s preferential tax policies that support the development of the software industry and small and medium-sized enterprises.

The industry is small but has huge growth potential

The blockchain economy is currently on the eve of an explosion. It is widely used in the financial industry, and applications in other industries have also entered the exploration and research and development stage. It is expected that the direct market value of blockchain will increase from US$410 million to US$7.68 billion between 2017 and 2022, with a compound annual growth rate of 79.6%. It is expected that various blockchain-based extended businesses will reach US$100 billion in 2020.

Industrial application fields continue to expand

The financial industry is the first to apply blockchain technology, and many financial applications have been implemented; the medical industry is an important area of ​​blockchain application and can be more It is good to protect privacy and improve service quality and management efficiency; the demand for blockchain in social forensics is rising rapidly to solve certification problems caused by information asymmetry; the application of blockchain technology in other fields such as communications and supply chain is rapidly expanding .

2. How to promote the healthy and orderly development of the blockchain industry

my country’s blockchain industry ecology has initially taken shape, and the number of enterprises has increased rapidly. The "2018 China Blockchain Industry White Paper" previously released by the Information Center of the Ministry of Industry and Information Technology shows that as of the end of March 2018, the number of blockchain companies in my country with blockchain business as its main business has exceeded 450, and the industry has initially formed a scale.

The Ministry of Industry and Information Technology proposed that the blockchain industry is still in its early stages, and the positive value of the technology is gradually emerging. However, the development process is still accompanied by risks that cannot be ignored, such as the possible impact on the current There are challenges to institutional norms and loopholes at the technical level. The Ministry of Industry and Information Technology proposed thatAccelerate the promotion of innovative applications of blockchain technology, especially the improvement of computing power, storage capacity and integration and penetration capabilities, build a good industrial ecology, and promote the healthy development of the blockchain industry.

3. How does blockchain application help enterprises to innovate their layout?

The "China Blockchain Industry Market Prospects and Investment Strategic Planning Analysis Report" pointed out: 2021-2026 Blockchain The market size has a compound annual growth rate of 73%, and the market size will reach US$16.368 billion in 2026. In the next 20 years, the market size of China's blockchain industry is expected to reach the trillion level.
Under the strong market demand, the country has successively issued a number of policies to support the development of blockchain. Blockchain has been included in the digital economic industry and national key research and development plan of the "14th Five-Year Plan" national plan. So far, blockchain has The development of the chain has entered the fast lane.
As a pilot demonstration project of the Ministry of Industry and Information Technology (the only blockchain) in 2018 and a blockchain registration enterprise of the Cyberspace Administration of China in 2019 (the first batch), Yibaoquan has been deeply involved in the research and development of blockchain underlying technology since 2014. Application innovation, through the "blockchain + judicial + application" model, launched practical application products such as Junzi Sign, Micro Copyright, and Zhong Zhengbao. Through Junzishu, users can sign a contract in one minute. Off-site contracts can also be signed anytime and anywhere without printing or express delivery, and are managed efficiently. At the same time, it can also be permanently stored on the blockchain and filed simultaneously with judicial institutions to ensure legality and validity.
Through micro-copyright, it helps users quickly carry out blockchain certificate storage, copyright registration, network-wide monitoring and analysis, and network evidence collection. Copyright certificates can be issued as quickly as one day. Paper and electronic versions are supported, allowing users to Obtain proof of ownership and infringement evidence in one go.
Through Zhongzhengbao, we build an Internet notarization system and an Internet arbitration system for notary offices and arbitration committees respectively, provide online arbitration services to financial institutions, and help notary and arbitration businesses achieve comprehensive digital transformation and upgrading.
With its vast blue ocean market and professional and fully supporting solutions, Yibaoquan stands out from many projects

4. What is blockchain

Blockchain ( Blockchain) is a term in the field of information technology. In essence, it is a shared database. The data or information stored in it has the characteristics of "unforgeable", "full traces", "traceable", "open and transparent", "collective maintenance", etc. feature.

On January 10, 2019, the National Internet Information Reform Office issued the "Blockchain Information Service Management Regulations". On December 2, 2019, the word was selected into the top ten buzzwords of 2019 by "Yi Wen Qi Zi".

5. When will the national standard for blockchain technology be completed

my country has begun to establish a national standard for blockchain to promote the construction of the blockchain standard system from a top-level design. It is expected to be the fastest It will be completed by the end of 2019.

In this regard, Zhao Wu, founder of Beijing Huashun Xin'an Technology Co., Ltd., also said that although blockchain hasIt has disruptive technological potential, but we must realize that blockchain is still in its infancy and is far from reaching the stage where it can disrupt the world.

Yu Kequn emphasized that an independent and controllable blockchain network is not technically controlled by others, but can also promote the healthy development of the blockchain. Security is the future life of the blockchain, and only its own security can bring blockchain technology to fruition. This requires us to pay equal attention to the development of its security attributes while developing blockchain technology, and even develop it ahead of time.

In this regard, Li Ming also said that an important part of the standard is the standard of information security, which also shows the importance of security for blockchain technology. He also pointed out that the formulation of blockchain standards does not mean that it will rapidly promote the development of the industry, but rather gives certain guidance to the industry. Previously, China had suffered a lot in terms of international intellectual property rights and standards. In terms of blockchain, China has now formed more than 200 patents in international blockchain, and has even stood at the forefront of the world's technology. Therefore, we also need to firmly grasp our right to speak.

Content source: Xinhuanet

6. What are the prospects for the future development of blockchain

Shared from District View Network: In 2018, blockchain stick AI became The hottest technical term, more and more technology companies have announced their entry into the blockchain market. On the Internet, companies such as Xunlei, Renren, Baofeng, Tianya and other companies have made blockchain-related actions. These companies have the same fate. They have all experienced prosperity, but after being impacted by the Internet entrepreneurship wave, they began to decline. Then they caught up with the hot spots of blockchain and began to try to counterattack.
Investment in the global blockchain industry is booming
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, as of the end of April 2017, there were a total of 455 companies worldwide The blockchain company has received a cumulative financing amount of US$1.947 billion. Among them, the total investment and financing of U.S. blockchain-related companies is as high as 1.252 billion U.S. dollars, accounting for 64.3% of the global market; the total financing amount of Chinese blockchain emerging companies is approximately 114 million U.S. dollars, accounting for 5.86%, ranking second only to the United States in the world Second, it is growing rapidly.
The current overall survival status of the blockchain is good, with a survival rate of 87.25%. 47
of all the invested companies have been closed down, accounting for about 10.51%, and another 10 companies have been acquired. Due to changes in the competitive landscape of the Bitcoin market, some companies have been forced to close down. At the same time, some companies in the currency circle have gradually transformed into chain companies
Exploration at the national level has also begun. On March 23, the Department of Information Technology and Software Services of the Ministry of Industry and Information Technology announced that it would study and explore the application of blockchain in the industrial field. Previously, the Ministry of Industry and Information Technology stated that it was preparing to establish a national blockchain and distributed accounting technology standardization technical committee to explore the formation of a complete blockchain standard system to better serve the development of the blockchain technology industry.

7. Will the regional chain be a "new continent" with multiple layouts

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Every new thing is like a "new continent", containing opportunities. Although the development of blockchain is still in its early stages, both international and domestic, governments and markets have taken frequent actions.

Investing in the future has always been a consistent feature of large domestic Internet companies. In terms of blockchain, Tencent has explored areas such as supply chain finance and digital asset protection; Alibaba and JD.com have focused on transparent supply chain systems to combat counterfeit and shoddy products...

“Blockchain is just a The technology itself is not mysterious, and its value can only be reflected when it is truly implemented in industrial scenarios. The important factor that determines the future of blockchain is the degree of integration with the real economy. It depends on how much it can improve the industrial integrity development environment. For the real What problem does the economy solve?" Yu Jianing said.

8. It’s 2021, what will be the development trend of my country’s blockchain technology in the future?

Domestic blockchain technology has been conceptualized a few years ago and has now become widespread. It has been applied to actual business scenarios, such as the rice we eat, and the QR code on the packaging
Traceability is the application of blockchain technology. Companies like Shanghai Wanglian Technology entered the market earlier and are currently developing very well.

9. Ministry of Industry and Information Technology: China’s number of blockchain patent applications accounts for 84% of the world’s total. What does this data indicate?

Ministry of Industry and Information Technology: China’s number of blockchain patent applications accounts for 84% of the world’s total. 84% of the total. What does this data illustrate? Firstly, it shows that the development of blockchain is very rapid around the world, so many commercial investors in China are increasing the construction of blockchain. Secondly, China’s commercial market is very huge. Therefore, the demand for blockchain patent applications will be higher and the long-term interests of applicants can be better protected. Furthermore, the value of blockchain is self-evident and can improve the stability of social work. In addition, China is The development of blockchain is at the forefront of the world and is conducive to improving China's core competitiveness. It needs to be elaborated and analyzed from the following four aspects. Ministry of Industry and Information Technology: China's number of blockchain patent applications accounts for 84% of the global total. This data explained something.

1. It illustrates that the rapid development of blockchain around the world has caused many commercial investors in China to increase the construction of blockchain

First of all, it illustrates the rapid development of blockchain around the world. The rapid development of blockchain has caused many commercial investors in China to increase the construction of blockchain. For the development of blockchain worldwide, it is very rapid and is conducive to accelerating the progress of the world's technology industry.

What China should pay attention to:

It should strengthen multi-channel economic construction.