区块链加速器是什么,区块链可以简化并加速结算流程

区块链加速器是一种新型的技术，它可以帮助企业和个人更快地实现结算流程，提高效率和收益。它可以改善传统的结算流程，提高效率和安全性，并帮助企业和个人节省时间和金钱。

首先，让我们来了解区块链技术。区块链技术是一种分布式账本技术，它可以让参与者在网络中安全地存储和交换数据。它可以让用户在任何时间任何地点安全地访问数据，而不会受到任何第三方的干扰。它还可以防止篡改，确保数据的安全性和完整性。

其次，让我们来了解区块链加速器。区块链加速器是一种基于区块链技术的解决方案，它可以帮助企业和个人加速结算流程，提高效率和收益。它可以简化传统结算流程，减少重复工作，降低结算成本，提高安全性和效率，并且可以确保数据的准确性和安全性。

最后，让我们来了解区块链结算。区块链结算是基于区块链技术的一种结算方式，它可以极大地简化结算流程，提高效率，降低成本，提高安全性。它可以让用户在任何时间任何地点进行结算，而不需要第三方的介入，并且可以确保结算的准确性和安全性。

总之，区块链加速器是一种新型的技术，它可以帮助企业和个人加速结算流程，提高效率和收益。它可以简化传统的结算流程，提高效率和安全性，并帮助企业和个人节省时间和金钱。区块链技术、区块链加速器和结算结合起来，可以大大提高结算效率，提高安全性，降低成本，节省时间。

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① What is STO

Recently, the most popular word in the chain currency circle is STO. Its mention rate is very high, and various thematic activities related to it are also full of seats. So what exactly is STO? Do you really understand?

STO, the full name is Security Token Offering, which is the issuance of security tokens. Under the constraints of securities laws and financial supervision, the act of financing through the issuance of security tokens.

On July 25, 2017, the U.S. Securities and Exchange Commission (SEC) released its investigation report into the incident of "The DAO Project Issuance Failure". The report clearly stated that The DAO is a securities asset and is subject to their Regulation, issuers must comply with U.S. federal securities laws and register their transactions with the government. At the same time, an "Investor Announcement: Initial Coin Offering" was also released, stating that depending on the actual circumstances of each ICO, the digital currencies or tokens issued or sold may be securities and are subject to federal securities laws. This is the first time that the SEC has defined an ICO project as a security, and it is also the identification of Security Token.

STO classification

Token is the right certificate in the blockchain world. Generally, it can be divided into Security Token and Utility Token, that is, security token and utility token.

According to the financial model, Security Token is divided into four categories:

A. Debt Tokens: a type of token that represents debt or cash income rights. certificate.

B. Equity Tokens: A token that represents partial ownership of underlying assets.

C. Hybrid/Convertible Tokens: combine the characteristics of stocks and debt, such as convertible bonds and convertible preferred stocks.

D. Funds and Derivative Tokens: ST price is based on the current price of the underlying asset pool. Derivatives can be divided into forward options, futures, and swap instruments, and funds can be ETF-like and mutual funds.

According to asset classification, Security Token is divided into three tiers:

A. Senior: priority enjoys fixed lower risk-free returns;

B. Secondary (Mezzanine): The mezzanine layer enjoys a fixed risk-free return plus a floating partial premium;

C. Equity (Equity): The mezzanine layer enjoys the remaining income, but ifIf there is a default on the asset side, the inferior layer will be the first to pay.

Advantages of Security Token

1) ST that complies with federal regulations is cheaper than operating an IPO

2) Traditional financial sector and blockchain bridge between the Good Return

So how to identify Security Token, that is, how to identify whether it is a security?

Generally, the commonly used method is the Howey Test. It is divided into four dimensions: 1. Whether there is capital investment 2. Whether to invest in a common cause 3. Whether to expect profits 4. Whether profits depend on the efforts and operations of others. After appraisal by a professional lawyer, the more affirmative answers there are, the greater the possibility that it is a security and will be subject to securities laws.

Block24Center is a blockchain accelerator founded in 2017, focusing specifically on Southeast Asia. It has established offices and operation teams in Thailand, Singapore, and China to provide customers with localized project incubation and Expedited service. Provide compliance overseas services for blockchain companies.

② Introduction to PI network

1. What is pi currency? Pi Network started on March 14, 2019. This is probably the origin of the project name, pi. The core team is led by two Stanford University PhDs and a Stanford University MBA. They all helped establish the Stanford University blockchain community. The project development is now in the first stage, which is the stage of distributing benefits to early users. This is a mobile APP mining project based on social fission. Everyone can join for free and use their own mobile phone to mine. It will automatically stop every 24 hours and you need to click the lightning logo to restart. Cleverly distribute Pi to as many people as possible through a method similar to airdrops, so that Pi's influence will be greater and more valuable.

2. Pi coin development plan: Phase 1: The network at this stage is called LiveNet (real-time network), and Pi has no price. The third stage: In this stage, the transfer function within the APP will be activated, the account currency address will be generated, and OTC transactions will officially begin. The network at this stage is called TestNet (test network). At this time, the official will conduct node testing. Pioneer users can also build their own nodes. At this time, the emulator and the test network are running at the same time to correct the data of the system results and provide the Pi master with Prepare and repair online. The third stage: In this stage, the exchange will go online for formal trading, and the price of Pi will be officially determined. This stage is called MainNet (main network), the emulator system will be shut down, and theThe point will be fully opened, and the Pi system will continue on its own forever. This stage is the transition period of the test network main network. KYC real-name authentication will be carried out to ensure that Pi coins belong to real users and Pi will be destroyed or recycled for some fake users. The founder of the Pi project has been introduced on Pi's official website and in the APP. The general idea is that Pi is a mobile phone offline mining project founded by three people from Stanford University. There are also personal introductions, but because they are in English, many people don't know. Know more details about them.

Pi network co-founder and product leader @Cfan, PhD and computer scientist from Stanford University.

@nicolas, technical director, PhD and scientist from Stanford University.

@vince, community leader, holds a degree in politics from Yale University and a business degree from Stanford University.

@cfan received his PhD from Stanford University and has knowledge in human behavior and human group research. My research focuses on human-computer interaction and social computing, specifically how we use technology to positively impact human behavior and society. She has founded a startup building an email production platform that uses crowdsourcing to scale conversations. The hope for Pi is to build an inclusive economic system that allows global citizens to release and capture their own value, thereby creating value for society and the world. In February 2017, together with Nicolas Kokkalis, Thomas Breier, Michael S. Bernstein and others, a research paper was published titled "Founder Center: Enabling Access to Collective Social Capital". In February 2017, he jointly published a research paper titled "MyriadHub: Efficiently Scaling Personalized Email Conversations with Valet Crowdsourcing" with Nicolas Kokkalis, Johannes Roith, Scott Klemmer, etc. Dr. @cfan's research is also affiliated with Palo Alto University and Stanford University. The record address of the paper can be found at the HCI Center on the official website of Stanford University https://hci.stanford.e/

Pi technical leader @Nicolas Kokkalis, PhD from Stanford University, postdoctoral fellow in computer science, Stanford University District Blockchain lecturer, member of Stanford University Blockchain Research Center. Before Ethereum and blockchain existed, it created a framework for writing "smart contracts" on fault-tolerant distributed systems.shelf. He is the founder of online gaming platform Gameyola, which won the Facebook Foundation Award in 2009. He is the chief technology officer of StartX (Stanford-StartX Foundation), a non-profit entrepreneurial incubator that helps Stanford University students start their own businesses. He graduated in computer science from the University of Crete, Greece, and holds a master's degree in computer science from the University of Toronto. He has published many papers in the world's top journal ACM Computer and Human-Computer Interaction. His collaborators include several of the people mentioned above and several technical experts from Stanford University. As early as June 2017, Nicolas Kokkalis said that StartX, a subsidiary of Stanford University, was developing its own blockchain accelerator platform, and all StartX incubation projects would become part of the platform. On September 24, 2018, the Filecoin (IPFS) project team visited the Stanford Blockchain Technology Group, with Nicolas Kokkalis as a member of the team. In the "Stanford Blockchain Conference 2019" from January 30 to February 1, 2019, he served as the conference chair of Section 11 Smart Contract 2. By the way, this conference has been held in 2017 and 2018, and the fourth session will be held from February 19th to 21st, 2020.

@Vincent McPhillip, studied at Yale University and Stanford University, and is a member of the Stanford University Blockchain Research Center. Co-founded the Stanford Blockchain Collective while meeting to teach Crypto 101 workshops. @vince is from the Republic of Trinidad and Tobago in North America, an island country near Venezuela, 3 an important oil country in the Caribbean. Speaks English, Spanish, French. There are two blockchain organizations at Stanford University, and @vince is among them. As a native of an island country in northern South America, it is not easy to imagine that he was able to enter Yale University and Stanford University successively. Nicolas and Vincent are both members of the Stando Blockchain Research Center. One of the co-directors of this organization is Professor David, who invented and designed the Stellar protocol technology in 2015. All three of them are from Stanford University. As the world's top university and entrepreneurial university, these three people represent not only a few blockchain technology giants, but also the technology of Stanford University and the world's blockchain.

③ What qualifications are required to register a blockchain company

Digital collections or NFT platforms are specific applications built on the blockchain, engaged in commercial Internet information services, and provide the public with information through information networks. For digital works with publishing characteristics such as editing, production, and processing, Yidianxian will help you understand what qualifications are required to engage in these businesses. 1. Article 9 of the "Blockchain Information Service Registration" and "Blockchain Information Service Management Regulations" stipulate that blockchain information service providers mustWhen new products, new applications, or new functions are released online, they must be reported to the national and provincial, autonomous region, and municipality Internet Information Offices for security assessment in accordance with relevant regulations. Article 11 stipulates that blockchain information service providers shall fill in the name, service category, and service form of the service provider through the Blockchain Information Service Registration Management System of the Cyberspace Administration of China within ten working days from the date of provision of services. , application fields, server address and other information, and perform the filing procedures. The platform can conduct the assessment on its own or entrust an assessment agency with corresponding qualifications, and submit a security self-assessment report through the National Internet Security Management Service Platform. 2. Article 7 of the "Value-Added Telecommunications Business License" and "Measures for the Administration of Internet Information Services" stipulate that those engaged in commercial Internet information services must apply to the provincial, autonomous region, or municipality telecommunications management agency or the information industry department of the State Council for Internet information services. Value-added telecommunications business operating license (hereinafter referred to as the operating license). The telecommunications management agency of the province, autonomous region, or municipality directly under the Central Government or the information industry department of the State Council shall complete the review within 60 days from the date of receipt of the application and make a decision on approval or disapproval. If approved, a business license shall be issued; if not approved, the applicant shall be notified in writing and the reasons shall be explained. After obtaining the business license, the applicant shall go through the registration procedures with the enterprise registration authority with the business license. 3. Obtain the "Online Publishing Service License" and Article 2 of the "Online Publishing Service Management Regulations" stipulate that online publications as mentioned in these regulations refer to publications that are provided to the public through information networks and have publishing characteristics such as editing, production, and processing. The scope of digital works mainly includes: (1) original digital works such as intellectual and ideological texts, pictures, maps, games, animations, audio and video readings in the fields of literature, art, science and other fields; (2) and published books , newspapers, periodicals, audio-visual products, electronic publications and other digital works with consistent content; (3) digital works such as online document databases formed by selecting, organizing, collecting, etc. the above-mentioned works; (4) State Administration of Press, Publication, Radio, Film and Television Other recognized types of digital works. Article 7 stipulates that those who engage in online publishing services must obtain approval from the publishing administrative department in accordance with the law and obtain an "Online Publishing Service License." 4. Obtain the "Information Network Audiovisual Program Dissemination License" or complete the filing procedures. Article 2 of the "Internet Audiovisual Program Service Management Regulations" stipulates that the Internet audiovisual program services referred to in these regulations refer to the production, editing, integration and distribution to the public through the Internet. Provide audio and video programs, and provide services for others to upload and disseminate audio and video programs. Article 7 stipulates that those who engage in Internet audio-visual program services must obtain the "Information Network Audio-visual Program Dissemination License" (hereinafter referred to as the "License") issued by the competent department of radio, film and television in accordance with these regulations or complete the filing procedures. 5. Obtain an "Internet Culture Business License" Article 8 of the "Interim Provisions on Internet Culture Management" issued by the Ministry of Culture stipulates that to apply to engage in commercial Internet cultural activities, you must apply to the cultural administration department of the people's government of the province, autonomous region, or municipality directly under the Central Government where you are located.The application submitted by the department shall be reviewed and approved by the cultural administrative department of the people's government of the province, autonomous region, or municipality directly under the Central Government. 6. Process the filing of network security level protection. Article 21 of the "Cybersecurity Law" stipulates that the state implements a network security level protection system. Network operators shall, in accordance with the requirements of the network security level protection system, perform the following security protection obligations to protect the network from interference, destruction or unauthorized access, and to prevent network data from being leaked or stolen or tampered with. Article 31 stipulates that the state’s control of public communications and information services, energy, transportation, water conservancy, finance, public services, e-government and other important industries and fields, as well as other important industries and fields such as public communications and information services, energy, transportation, water conservancy, and other areas once they are damaged, lose their functions or data is leaked, in the network security On the basis of the hierarchical protection system, key protection is implemented. Article 59: If a network operator fails to fulfill its network security protection obligations stipulated in Articles 21 and 25 of this Law, the relevant competent authorities shall give a warning; if it refuses to make corrections or causes consequences such as endangering network security, it shall A fine of not less than RMB 10,000 but not more than RMB 100,000 shall be imposed. Therefore, its operating or using units should go to the network supervision department of the local public security organ to complete the filing procedures. 7. Obtain an auction business license or cooperate with an auction company. If the platform is sold in the form of bidding auction, you should obtain an auction business license from the commerce department or cooperate with an auction company that has obtained an auction business license. 8. Business units engaged in art business activities as mentioned in the "Artwork Unit Business Registration Certificate" and "Artwork Business Management Measures" include: art acquisition, sales, and leasing business units, art auction companies, import and export business units, commercial Exhibition companies, appraisal and evaluation institutions, e-commerce platform companies, leasing platform companies, etc. that use information networks to engage in art business activities, investment and financing companies with art as their subject matter (including art fund trusts, art banks, exchanges, etc. ). and other units engaged in art business activities. Let me give you some popular science == ink paintings, traditional Chinese paintings, calligraphy, porcelain, purple clay pots, pottery, paintings, musical instruments, sculptures, sandstone, imitation sandstone, glass ornaments, iron art and other collectible items. These are all works of art. At present, the mainstream domestic digital collection NFT platforms do not support the opening of secondary market transactions, mainly because of concerns about excessive speculation, which will lead to stakeholder risks. If the platform opens secondary trading, then the platform becomes a "trading place". According to Guofa [2011] No. 38 "Decision of the State Council on Cleaning up and Rectifying Various Trading Places to Effectively Prevent Financial Risks" (Guobanfa [2012] No. 37) "Implementation Opinions of the General Office of the State Council on Cleaning up and Rectifying Various Trading Places" A trading venue refers to a platform that provides equal and transparent trading opportunities for all market participants and is highly social and open for orderly trading.

④ KKFARM uses "Muzeum" blockchain technology to accelerate digital content asset authorization and profit sharing efficiency

Riding on the blockchain technology trend driven by digital cryptocurrency, the culture supported by the Ministry of Culture Entertainment industry investment company KKFARM, through its blockchain creative industry agreement "Muzeum",Combining the key technologies of Ethereum blockchain, Bitmark blockchain and IPFS (Interstellar File System) respectively, music content and image content can be authorized for external use in a more efficient and safe manner, thereby accelerating the development of various audio and video creative contents. , and at the same time, it also allows creators to generate content and authorize it for external use faster.

KKFARM (Koke ​​Farm), which has a close relationship with KKBOX, first conceived the application of the "Muzeum" blockchain creative industry agreement in April last year, and received support from the Ministry of Culture, hoping to use blockchain technology Accelerate the efficiency of traditional creative content authorization, while helping to ensure that authorized content is not used by malicious late models.

In the traditional process, if a content user wants to obtain the content authorization from the creator, it will take roughly 2-3 days from the beginning of contact and communication until the two parties complete the contract and formally obtain the authorized content and actual application. The starting time is three months, and it also includes a potentially relatively complicated licensing profit sharing model. Including creators and agent licensing companies, they have to wait at least 3-6 months to get actual profit sharing. Therefore, KKFARM hopes to make the entire authorization process simple through decentralization, and at the same time make content authorization more secure through digital encryption.

In the "Muzeum" blockchain creative industry agreement application, KKFARM uses Bitmark technology to encrypt digital content and mark content ownership and other information. Each authorization uses an independent BitmarkID to mark the authorized content. The IPFS file system standardizes the format of digital content encrypted and marked by Bitmark technology, and supports distributed storage management applications. In addition to ensuring the reliability of data storage on the network, it can also speed up the overall access efficiency of digital content.

In the entire licensing, use management and revenue sharing parts, a smart contract system can be established using Ethereum blockchain technology, which will identify the copyright holder for each content authorization , profit sharers, and the proportions obtained by each profit sharer. Once the authorized content is used to generate profits, funds can be automatically allocated to different profit sharers according to each profit share ratio, thereby reducing the overall communication round-trip, repeated processes of obtaining authorization and confirmation.

In addition to the digital content "assets" that will be used in encrypted form, actual profits will also be traded in the form of digital currency, but currently only the Ethereum transaction mode is supported, KKFARM said In the future, we will continue to cooperate with more banks, and we plan to be able to conduct transactions in legal currencies including the New Taiwan Dollar. During this transaction process, although digital currencies including Ethereum will still be traded, the actual code will mainly be used as a reference for cooperative bankers to allocate funds, rather than representing the actual remittance amount.

In addition, although currently "Muzeum" can ensure that digital content is not stolen by others during the authorization process, content licensors still cannot intuitively track how externally authorized content is used and where it is used.At the same time, it is not yet compatible with other services that also provide authorization using blockchain technology, such as the image creator authorization trading platform proposed by Kodak at the beginning of this year, so there are obviously more parts that need to be improved in the future. However, KKFARM also emphasized that through the interoperability characteristics of Ethereum blockchain technology, different blockchain technology applications can still be interchanged with each other through universal digital currencies, and the purpose of connecting different authorized trading platforms can still be achieved.

KKFARM stated that the proposed "Muzeum" blockchain creative industry agreement mainly hopes to accelerate the further flexible use of digital content assets, thereby generating more development opportunities for digital content creation applications, such as the speed of change If the fast game industry wants to obtain music content authorization, it can use blockchain technology to legally obtain authorized content faster and avoid the long wait for authorization, which will lead to the loss of development opportunities in the current stage of the game market.

Based on the current development goals of the "Muzeum" blockchain creative industry agreement, it will first focus on providing a standard framework to accelerate the digital content authorization process and ensure the security of authorized content. There is currently no established commercial profit target. Instead, we hope to first focus on expanding market application demand.

Regarding the application of blockchain technology, KKFARM said that the most important core is the encryption protection and labeling certification of digital assets, thereby making the interchange and access of digital assets easier and faster, but it is not omnipotent. It can completely prevent piracy, malicious copying, etc., so it will not be planned to have the same usage model as digital rights management (DRM). The main purpose is to help speed up the circulation of digital content assets and legally authorize their use.

⑤ In which fields is blockchain suitable for application?

The first one is the information security industry.
The second one is the bill business field
The third one is the payment and settlement business.
Fourth, identity/account authentication business.
Fifth, each node participating in the maintenance of the equity proof blockchain can obtain a complete data record. Using the characteristics of reliable and collective maintenance of the blockchain, the rights of the owners of equity can be confirmed.
Blockchain technology is really powerful. With the advancement of the times, this technology may change the development direction and trend of the financial industry, and because the blockchain technology itself has large capacity, high-speed computing, security, and convenience And other characteristics have laid a strong foundation for the advancement and popularization of technology.

⑥ How does blockchain game realize on-chain acceleration technology?

Blockchain news, Bitcoin is to the blockchain as email is to the Internet. As we all know, for the first time in the history of human information dissemination and exchange, email has realized the function of sending data to anyone else in the world in a timely, free, and verifiable manner. Both the sender and the receiver can save a copy of the data sent in the email. . However, copies of email data retained by both parties also become an inherent flaw in online value transfers becauseBoth sides have their value. Therefore, there must be a third-party institution that ensures that the value is not credited by double spending, for example, a bank, stock exchange, clearing center or notary. As an Internet protocol, Bitcoin allows transaction parties to transfer value to each other instantly and securely without the need for the existence of intermediary organizations such as credit third parties, thereby reducing transaction costs and improving transaction efficiency. The editor now compiles a schematic diagram of the principles of blockchain technology and related technical principles for everyone.

Literally, the blockchain is a distributed ledger system composed of a series of data blocks generated using cryptographic methods. Each data block contains a large amount of transaction information and is used to verify its information. validity and generate the next block. These blocks are arranged one after another in the order of generation, and each block is a node.

The distinctive feature of the blockchain is that there is no third-party supervision as a central server, and the transaction information in the block cannot be changed. The information contained in a block can be a financial transaction or any other digital transaction, including documents. The success of the Internet business model that has long dominated the business world of human society relies on the role of credit-granting third-party financial institutions that process and mediate electronic transactions. The role of the credit-granting third party is to verify, protect and preserve transaction records.

Despite this, fraudulent online transactions still exist in large numbers, requiring mediation by a credit-granting third party, resulting in higher transaction costs. Bitcoin, based on blockchain technology, uses cryptographic proof rather than a trusted third party, so that all parties willing to trade can achieve online transactions through the Internet.

Every transaction can be protected by a digital signature and sent to the recipient's "public key" that is digitally signed using the sender's "private key". Owners of Bitcoin, the cryptocurrency, need to prove ownership of their “private keys” in order to spend and trade online. The party receiving digital currency uses the sender's "public key" to verify the digital signature on the transaction, i.e., ownership of the other party's "private key".

Every transaction is broadcast to every node in the Bitcoin network and recorded in the public ledger after verification. Moreover, before each transaction is recorded in the public ledger, its validity needs to be verified. Therefore, the verification node needs to ensure two things before recording each transaction: namely,

(1 ) The consumer has signature authentication for his encrypted electronic currency;

(2) There is sufficient encrypted electronic currency in the consumer's account.

Figure 1 shows the transaction process and principle based on blockchain technology.

Hope this answer is helpful to you

⑦ FISCO--Golden Chain Alliance creates a new era of public alliance chain

Public chain, alliance chain (permission chain) And private chain, it can be said that it basically includes three ways of using blockchain technology. In recent years, the planning, financing, development and ecological construction of public chains can be said to have been carried out in a noisy manner. Some are real, but even more are deceived. It is noisy and noisy, and investors’ money is real.It has entered the local market, but not many are online. The ecological construction on the few public chains that are online is also sparse. There are very few DApps, and the daily life is even less. In short, the current public chain projects can or are willing to survive. Not many have come down, and the ecological construction is further away from taking shape.

Private chains are self-built and internally run blockchain architectures of respective companies and institutions. Very little information is disclosed, but I believe that using your own money to do your own things and solve your own problems will not cause any problems. What a big deal.

The development of the alliance chain has always been low-key. Since blockchain technology was recognized by the mainstream economy and society, pragmatic mainstream economic institutions have been solidly carrying out research, development and application for about 4 years. During this period, the backbone of the alliance chain was formed, and another correct path was found for the implementation of blockchain applications and ecological construction. In a certain sense, the alliance chain has passed its infancy and has begun to solidly move towards the "public alliance chain" new era. The alliance chain's naturally strong relationship with mainstream economic industry resources also determines the alliance chain's mainstream status in the application prospects of blockchain technology.

With the dawn of the digital economy era and the popularization of distributed business models, blockchain technology has also been able to give full play to its advantages and become a representative of cutting-edge technology. In 2016, three companies, WeBank, a member of the Golden Link Alliance, Shanghai Wanxiang Blockchain, and Matrix Yuan, a member of Chinaledger, reached a strategic cooperation and jointly committed to exploring blockchain technology, and

The full name of Golden Link Alliance is Financial Blockchain Cooperation Alliance (Shenzhen). It was jointly established on May 31, 2016 by more than 20 financial institutions and technology companies including Shenzhen Financial Technology Association, Shenzhen Qianhai WeBank, and Shenzhen Securities Co., Ltd. Non-profit organization established. As an open organization, Financial Institutions that voluntarily abide by the charter and companies that provide technological services to financial institutions can apply to join. So far, members of the Golden Link Alliance include more than 80 institutions in six major industries including banks, funds, securities, insurance, local equity exchanges, and technology companies.

On November 26, 2016, Golden Link Alliance released the "Financial Distributed Ledger Proposal", proposing five major principles such as legal compliance, traceability, security, privacy protection, and business orientation, as well as a value alliance , autonomous and controllable, safe and trustworthy, efficient and available, business feasible, flexible configuration, intelligent supervision and other seven propositions.

Purpose: Integrate and coordinate financial blockchain technology research resources, form a synergy and coordination mechanism for financial blockchain technology research and application research, and improve the research and development capabilities of member units in the field of blockchain technology. Explore, develop, and implement financial alliance blockchain suitable for financial institutions, as well as application scenarios based on this.

The General Assembly of the Golden Alliance is the highest authority; the standing body of the General Assembly is the Presidium, which leads theIt guides the alliance to carry out its daily work and is responsible for the general meeting of members; the presidium consists of a technical committee (which presides over application issues), a standards technical working committee (which presides over the project establishment, formulation, review and release of standards), and an advisory committee (which organizes the participation of external experts). Technology and Standards Seminar).

Jinlianmeng has established research directions in the fields of credit, equity, points, insurance, bills, cloud services, digital assets, financial product issuance and trading, and some of the projects have now been implemented or products have been launched. prototype.

The FISCO BCOS underlying blockchain platform is jointly built by the FISCO open source working group. Members of the working group include Beyondsoft, Huawei, Shenzhen Stock Exchange, Digital China, Sifang Inextron, Tencent, WeBank and Yuexiu Jinke and other members of the Golden Link Alliance, aiming to create a secure and controllable blockchain suitable for the financial field. The underlying platform of the chain.

Financial services are one of the earliest application areas of blockchain. Blockchain technology brings advantages such as safety and reliability, simplified processes, cost savings, reduced operational risks, and increased trust, and has the potential to reconstruct and sublimate the original financial industry infrastructure. The financial industry focuses on multi-party reciprocal cooperation and has strong supervision and high-level security requirements, which require node access and authority management. Therefore, the technical direction of the alliance chain has become the main choice for the financial industry.

At present, my country's financial industry is opening up to the outside world with unprecedented intensity, and the pace of financial innovation is also accelerating. Therefore, how to effectively balance the relationship between open innovation and risk prevention and firmly maintain the bottom line of no systemic risks is an important issue for the industry. challenges that urgently need to be addressed.

From the perspective of financial IT infrastructure, there are still some shortcomings and pain points in operational risks, moral hazards, credit risks, information protection risks, etc.

First, financial IT system data may still be tampered with, forged, or have consistency differences.

Second, the infrastructure structures and business processes of different financial institutions are different, and even still involve many manual processes, which greatly increases operating costs and is also prone to operational risks and ethics. risk.

Third, financial business and financial cooperation may involve multiple participants or intermediaries, which can easily increase trust costs and friction costs. There are also certain issues of mutual trust, collaboration or cooperation reciprocity.

Fourth, financial business is often highly complex, and it is easy to miss records of all business elements. Sometimes it is difficult to trace the entire business process, and it cannot meet the needs of supervision and auditing.

Fifth, the data between different financial institutions are relatively independent, making it difficult to achieve safe and efficient interaction, resulting in repeated KYC, anti-money laundering,The cost of anti-fraud is high, which also indirectly brings the risk of user data being leaked by some intermediaries.

Sixth, the availability and adaptability of centralized IT infrastructure are weak, and distributed technologies need to be used to improve robustness or adaptability.

As a combined infrastructure solution, blockchain technology can in principle respond to the needs of the financial industry. However, because the requirements of the financial industry are more diverse and strict, as a financial version of the blockchain solution, it needs to be based on the blockchain technology of the universal industry and according to the special business needs of financial institutions, existing technical levels, and laws and regulations. Requirements or conditions in other aspects shall be comprehensively considered from multiple dimensions such as business suitability, performance, security, policy, technical feasibility, operation and maintenance and governance, and cost.

First, the appropriateness of the business scenario. Not all financial business scenarios require the use of blockchain technology. Generally speaking, when it comes to scenarios involving multi-party participation and peer-to-peer cooperation, the traditional centralized system architecture is often difficult to meet the needs, so you can consider using blockchain technology. This will increase multi-party mutual trust, improve business operation efficiency, and reduce business operation costs and friction costs.

Second, the performance of the blockchain system. Financial business often has characteristics such as massive transactions, high-frequency transactions, and timely confirmation. Therefore, the blockchain open source platform in the financial industry needs to analyze the business volume, potential business growth scale, and potential business growth scale that the blockchain system needs to support based on the current business scale of financial institutions. Technical performance index requirements such as concurrent business volume and response time. Since blockchain platforms using different technical modules, such as different consensus mechanisms, have greatly different performance support, it needs to be evaluated based on business performance requirements and blockchain performance efficiency indicators.

Third, the security of the blockchain system. Blockchain can ensure the credibility of recorded data from a technical level and prevent data from being tampered with, forged and other risks. In addition, in terms of data sensitivity and security, it is necessary to evaluate the content encryption strength of the on-chain data, as well as access control, etc. Financial institutions need to choose mature, appropriate, and secure encryption algorithms based on the specific security requirements of their business.

Fourth, policy compliance. Blockchain is a set of technical solutions that, with reasonable design, can provide good support for existing businesses or complement existing centralized systems. However, when financial institutions use blockchain to conduct business, they must implement it within the country's existing regulatory requirements and legal framework.

Fifth, technical feasibility. Blockchain technology has already been implemented in some financial scenarios, but it is still an emerging technology. It is necessary to fully evaluate the fit of the technology with specific businesses and its advantages and disadvantages compared with traditional systems before finally choosing the appropriate area. Demonstration and trial operation of the blockchain platform.

Sixth, operation and maintenance and governance capabilities. Since it is based on the areaThere are differences in operation and management between blockchain business and traditional centralized systems, and the continuous governance requirements of financial business are extremely high. Corresponding planning and adjustments are required to evaluate the feasibility and sustainability of the new governance structure and evaluate the version. The degree of impact of iterations and the official launch of the system, real-time monitoring of the operation of the blockchain system, to ensure business controllability and financial environment stability.

Seventh, costs are controllable and economically feasible. Blockchain applications use technical features to solve specific problems in actual business. Applications that effectively solve pain point problems can bring great benefits to financial businesses, and the value of the application itself can also be revealed; on the contrary, if it cannot solve important problems in the industry , you need to face a trade-off between costs and benefits.

If a safe and reliable underlying financial blockchain platform can be built to meet the special needs of the financial industry, blockchain technology will be of great use in the financial industry.

For example, from the perspective of banking institutions, the key exploration directions are generally to apply blockchain technology to reduce clearing and settlement costs, improve middle and back-office operational efficiency, improve process automation, and reduce operating costs. In addition, in cross-border financial scenarios, blockchain can help realize ledger sharing among cross-border financial institutions, reduce reconciliation and settlement costs and dispute friction costs between cooperative banks, thereby improving the processing speed of cross-border business. and efficiency.

From the perspective of non-bank financial institutions, blockchain can be used to improve the authority of rights registration and information storage, reduce counterparty risks, solve data tracking and information anti-counterfeiting issues, and reduce audits. operating costs, etc.

From the perspective of financial regulators, blockchain provides regulators with consistent and easy-to-audit data. Through data analysis of inter-institutional blockchains, the audit process can be faster and more efficient than traditional audit processes. Precisely regulate financial operations. For example, in an anti-money laundering scenario, the balance and transaction records of each account are traceable, and no aspect of any transaction will be out of sight of supervision, which will greatly strengthen anti-money laundering efforts.

Designed an efficient, reliable, message communication protocol based on the blockchain network, referred to as AMOP (Advanced Messenger On-chain Protocol), focusing on the following functions:

 Based on the blockchain network, it supports cross-bank and point-to-point real-time message communication;

 Provides standardized interfaces for the interaction between off-chain systems and blockchain;
< br />  The blockchain system can actively call the business interface of the off-chain system;

The technical characteristics of this protocol are:

 In point-to-pointIn the point's blockchain network topology, plan node communication paths to ensure message reachability;

 Can quickly sense node abnormalities in the blockchain network and automatically switch paths to resend messages;

 Use encryption technology during the communication process to ensure privacy at the communication layer.

Designed the contract naming service CNS (Contract Name Service). The design goal of CNS is to name the correspondence between the business layer and smart contracts, so that the business layer no longer cares about the relevant contract addresses. Similar to DNS on the Internet, the use of domain names makes it easier for users to remember how to access a website, and also gives the website great flexibility in terms of clustering, migration and expansion.

Parallel PBFT Consensus

Standard RAFT Consensus

Parallel Computing and Hot Account Solutions

FISCO BCOS in Data Integration Conduct in-depth exploration in analysis, transaction control, identity authentication and other aspects to meet the financial industry’s high standards for supervision, risk control and other aspects.

Risk data integration

Based on immutable, traceable, distributed and highly consistent data on the blockchain, regulatory agencies can be given sufficient and transparent information and transactions Participants, transaction details, transaction process and transaction history are all recorded on the blockchain ledger, which can completely and properly preserve massive historical data, solve the problem of data islands, and meet the needs of structured, clear, accurate and complete risk data. requirements.

Risk modeling, analysis and prediction

Organically combine the data completed on the blockchain with big data mining, machine learning and other technologies, and then integrate market data, industry Data can be used to formulate more accurate risk models, improve risk prediction capabilities, and meet the requirements of comprehensive risk management of institutions.

Real-time transaction monitoring, reporting and interception

Identity recognition

Special Prize: ODRchain - a typical application of public alliance chain

The most high-profile champion project - ODRChain, is based on the FISCO BCOS underlying platform and uses blockchain technology to solve the pain points of traditional judicial processing of online disputes, such as the difficulty in verifying the authenticity of electronic data and the inability to digest a large and rapidly backlog of case disputes.

At present, ODRChain has shortened the time it takes for customers to go from clicking "one-click arbitration" to receiving the arbitration award, from the traditional arbitration process that lasted several months to about 7 days. , but originally it could easily becomeArbitration fees that cost tens of thousands were reduced to a few hundred yuan. As of December 2018, ODRChain has completed the deposit of over 10 million contracts, involving hundreds of billions of funds.

First prize: JustSign - a white-box cryptographic algorithm that turns a mobile phone into a USB shield

The project that grabs the first prize in the competition - JustSign, is based on FISCO BOCS It is an electronic contract signing and certificate storage system. Its original JustKey white-box cryptographic algorithm realizes "mobile phone as USB shield", which solves the problem of limited compatibility of traditional CA, inability to protect key security on the mobile terminal, and vulnerability to attacks in centralized data storage. question.

Expert reviewers commented that electronic contracts involve complex legal relationships and ownership of interests, and it has long been difficult to achieve a balance between security, integrity and portability. The team’s original white-box cryptographic algorithm is really conducive to improving security in blockchain certificate storage scenarios.

Second Prize: Internet of Things Trusted Interconnection Solution - The Picture of Smart Life Looks Like This

The Internet of Things Trusted Interconnection Solution competed by Sichuan Changhong Security Laboratory depicts Come up with a smart home blueprint that requires almost no extra worry on your part. When analyzing the blockchain technology behind it, a team representative said that an inter-enterprise cooperation alliance is established based on the alliance chain to open up the interconnection and mutual trust of IoT devices between different manufacturers, and based on insights into typical business scenarios of smart life, through smart contracts Implement smart terminal registration, scene rules, trust rules and linkage rules.

Expert judges of the competition believe that this project has practical hardware and scenarios in the field of Internet of Things, and is expected to further promote the implementation of application scenarios such as distributed AI assistants, resource sharing, life cycle management, and multi-channel payment. Truly usher in smart life.

Among the projects that won the third prize in the competition, they accurately targeted the characteristics of blockchain in terms of security and efficiency improvement, and provided practical solutions for the industries they represented. Tsinghua University The team of teachers and students found a new way to develop cross-layer full-stack blockchain security detection technology to protect other blockchain applications comprehensively, and its technical strength was highly praised by the judges.

The third prize winners were the trusted electronic certificate platform of Shenzhen E-Commerce Security Certificate Management Co., Ltd., the real estate registration platform of Wuhan Liandong Times Technology Co., Ltd., and Shandong Guanhai Data Technology Co., Ltd. The company's Rongcheng blockchain service platform, the livestock industry blockchain traceability of Quanliantong Co., Ltd., the tourism finance alliance platform of Shenzhen Youxun Information Technology Co., Ltd., and the copyright safe deposit box of Beijing FamilyMart Technology Development Co., Ltd.

The first response mutual aid of Shanghai Jiuyaojiu Information Technology Co., Ltd., the HaveFund of "Yongteng Group My Innovate", Qianhai Life InsuranceThe blockchain insurance policy management of Huazhong Insurance Co., Ltd., the book-enjoyment campus of "Guanshankou Hulu Brothers" of Huazhong University of Science and Technology, and the "Cloud Block" account system of the Cloud Block project team also won the Outstanding Social Value Award, Excellent Business Design Award, and Excellent User Value Award, Excellent Creativity Award, and Excellent Application Integration Award.

Ma Zhitao, chairman of the Golden Alliance Technical Committee, elaborated on the concept of the “public alliance chain”. He believes that the alliance chain should achieve self-sublimation and should be able to evolve into an ecosystem that provides services to the public, that is, a "public alliance chain."

Different from the public chain project’s idea of ​​“coming up with a plan first, raising funds, vigorously promoting it, raising the price, and finally investing in development”, the alliance chain project adheres to the idea of ​​“investing in development first with its own funds” , go to the production environment to verify, accumulate real customers and users, run steady trials and errors, and finally carry out promotion and publicity.” However, due to the focus on practical implementation and focusing on real applications, there is a lack of publicity, and it has no choice but to fall into a passive situation of "many people have implemented it, but few people have praised it". Golden Chain Alliance hopes that through this competition, the project team of the alliance chain will come to the stage to show their results, enhance the influence of the alliance chain, and let the public know more about the real application implementation and sustainable development of the alliance chain project.