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A. What are the applications of the hot blockchain technology in the financial system

The imApp2.0 version of the Blockchain Application Center has been officially launched
area The imApp2.0 version of the Blockchain Application Center has been officially launched. imApp is the world's first blockchain application store that provides dividends to all people. It aims to create a super entrance to the blockchain industry and make it easier for users to use blockchain applications. The interface of imApp version 2.0 is more concise and beautiful, the function has added news and DAPP, and the content has enriched the guessing game. Users can obtain the IMAPP Ecological Pass IA by browsing, forwarding, downloading, updating, and opening applications through IMAPP. imApp has officially reached a strategic cooperation with the Bitcoin Diamond Foundation. The ecological token IA can be exchanged for Bitcoin Diamond BCD at a certain ratio.

B. Is there any reliable public chain in the blockchain industry?

Is there any reliable public chain in the blockchain industry?

In the blockchain industry, both practitioners and investors must be familiar with public chains. Whenever a new project is born in the industry, it must have something to do with the public chain. But in fact, looking at the entire blockchain industry, there are not many mature and stable public chains. Currently, there are three main system types in the blockchain industry: public blockchain, joint blockchain, and private blockchain.

Public blockchain is often referred to as a public chain in the industry. It means that any individual or group in the world can participate in the accounting and transaction process of the entire system, and at the same time, its transaction records can be effectively obtained by the system. Confirmed blockchain mainnet, in the industry, we usually call this publicly writable nature "open source". The public chain is the earliest and most widely used blockchain system in the industry.

United blockchain, also known as alliance chain, the alliance chain system is not open source, but multiple pre-selected nodes are designated as bookkeepers within a certain group, and each block is generated by all The pre-selected nodes jointly decide that other nodes can participate in transactions but have no right to participate in the accounting process. It is essentially similar to the custody accounting in the financial industry and can be called a "semi-centralized" blockchain system. This system is more stable, but is not suitable for wide-scale popularization and application.

Private blockchain is a private chain. This kind of system is more closed. It simply uses the underlying technology of the blockchain for the accounting process. However, its network system is not open source, but the developers have exclusive writing rights. The developer here can be a company or an individual. Currently, many traditional financial industries want to try private chain development, but their application products are still being explored.

Among the above three system types, the public chain system is undoubtedly the one that attracts the most attention from the industry. Compared with the other two types, the public chain has the advantages of open source, decentralization, and wide ecological scenarios, and is also more conducive to global promotion and layout. However, due to various reasons such as technology, funds, time, etc., the industry’s public chain research situation is generally not optimistic..

The three most well-known public chains in the industry, the Bitcoin public chain, the Ethereum public chain, and the EOS public chain, all have different problems. The closed system of the Bitcoin public chain forms an island of value, which cannot be solved by a hard fork; the problems of Ethereum transaction congestion and excessive handling fees are always difficult to solve; and within EOS, due to insufficient ecological scale, it is difficult to support excellent ecological applications. At the same time, the CPU Problems such as skyrocketing and insufficient memory gradually emerged.

In short, in order to determine whether a public chain is reliable, you need to understand whether the operating logic of its public chain network itself is stable, whether its ecological structure capacity is sufficient, whether its community consensus is strong, and whether its applications Whether the scene has long-term hematopoietic function, etc. Of course, the blockchain industry is currently in the development and exploratory stage, and it will take time to prove a reliable and stable public chain.

C. How do you view Alipay’s involvement in the blockchain field and the recent launch of nft

It should be that they are adjusting their business and trying to keep up with the times, and they cannot hinder the country The development will make everyone’s life more convenient.

D. What issues did the first China Blockchain Security Summit Forum focus on?

On June 21, the first China Blockchain Security Summit Forum was successfully held at the National Convention Center in Beijing. The conference was hosted by the China Technology Market Association and hosted by Beijing Zhichuangyu Information Technology Co., Ltd. The conference attracted the participation of many leaders of national authoritative institutions, blockchain industry tycoons, security industry tycoons, as well as many top industry media and overseas authorities.

(Roundtable discussion on blockchain security)

The conference invited more than ten experts in the field of blockchain ecology at home and abroad to deliver keynote speeches. , sharing how to use technology to create a better and safer blockchain ecosystem, as well as innovative applications of blockchain technology. The high-quality topic sharing was also praised and discussed by the guests. In the roundtable forum of the conference, relevant experts also held a focused discussion on how to promote the safe and healthy development of the blockchain industry, and many hot ideas were thrown out.

The first China Blockchain Security Summit Forum has received widespread attention from relevant industries and media. The registration channel for the conference was fully booked just one day after it was opened. The venue was fully occupied on the day of the conference. Hundreds of professional media attended the conference that day and reviewed the conference. The meeting was reported.

E. What is the application of blockchain in electronic contracts

Blockchain technology reduces intermediate links, reduces fraud caused by data consistency, improves business efficiency and speed, Features such as reducing counterparty risk, increasing revenue, and saving costs have been favored by the market.

Taking a closer look at its implementation principles, blockchain uses machine algorithms to solve the problem of consistency, reliable storage and prevention of multi-party transaction records through in-depth use of cryptographic algorithms, specially designed data structures and multi-party consensus algorithms. The problem of tampering is naturally closely related to electronic data storage.

First of all, electronic contract signing records are stored on a shared ledger maintained by multiple parties, which cannot be tampered with, cannot be repudiated, and of course will not be lost.

Secondly, the electronic contract text and electronic contract elements are encrypted and stored, including the participants of the electronic contract. Only participants can decrypt and view the data to protect the privacy of the contracting parties.

Thirdly, the machine strictly executes according to the predefined rules (smart contract) and no longer relies solely on an agreement with a third party to guarantee it. The blockchain-based KYC service automatically checks and verifies the validity and identity of the certificate, ensuring that the identity of the participants is valid and authentic while ensuring privacy.

F. There are many blockchain applications now. What are good blockchain applications? Where can I learn more about them?

I want to know about blockchain. For application, you can refer to many books and opinions, including "Blockchain in Pictures", "Blockchain: Reshaping the Economy and the World", "New Economic Blueprint and Introduction", as well as articles from the Binance community, including this article on the Binance community I also know the platform in detail and its strength is awesome.

1. What is blockchain

Blockchain, as the name suggests, is composed of blocks and chains. It is a distributed data storage , point-to-point transmission, consensus mechanism, encryption algorithm and other new application models of computer technology. It is a chained data structure that combines data blocks in a sequential manner in chronological order, and is cryptographically guaranteed to be an untamperable, unforgeable, safe and trustworthy distributed ledger.

In 2008, Satoshi Nakamoto first proposed the concept of blockchain and encrypted digital currency in his paper "Bitcoin: A Peer-to-Peer Electronic Cash System". Starting from Bitcoin, blockchain has become the underlying technology of various digital currencies.

2. The working principle of blockchain:

1. Basic concepts include:
(1) Transaction: one operation will change the ledger status once , such as adding a record;
(2) Block: records transactions and status data that occurred within a specified time, which is a consensus and preservation of the current ledger status;
(3) Chain ( Chain): It is composed of blocks connected in chronological order and is a log record of the entire state change.
Understanding the working concept of blockchain, it is not difficult to understand its working principle. Suppose there is a distributed data record book. This record book only allows additions, deletions and changes. Its structure is composed of individual data records. "Blocks" are connected in series to form a linear chain (this is also the origin of the name "blockchain"). To add new data, it must be placed in a new block. The maintenance node can propose a new block. However, a certain consensus mechanism must be used to reach agreement on the final selected block.

2. Take Bitcoin as an example to see how the blockchain works.

Bitcoin’s block pointsIt consists of two parts: block header and block body.

3. Core advantages and characteristics of blockchain

1. Decentralization
Block The processes of verification, accounting, storage, maintenance and transmission of chain data are all based on the distributed system structure. There is no centralized hardware or management organization. The rights and obligations of any node are equal. The data blocks in the system are composed of Nodes with maintenance functions in the entire system are jointly maintained.
2. Open and transparent
The system is open. In addition to the private information of the transaction parties being encrypted, the blockchain data is open to everyone, and anyone can query the blockchain through the public interface. Data and development related applications, so the entire system information is highly transparent.
3. Security
The blockchain adopts consensus-based specifications and protocols (such as a set of open and transparent algorithms) to enable all nodes in the entire system to exchange data freely and securely in a trustless environment. , so that trust in "people" is changed to trust in machines, and any human intervention has no effect.
4. Information cannot be tampered
Once the information is verified and added to the blockchain, it will be stored permanently. Unless more than 51% of the nodes in the system (almost impossible) can be controlled at the same time, otherwise Modifications to the database on a single node are invalid, so the data stability and reliability of the blockchain are extremely high.
5. Anonymity
Since the exchange between nodes follows a fixed algorithm, the data interaction does not require trust (the program rules in the blockchain will judge whether the activity is valid by itself), so the counterparty does not need to Making the other party trust you by disclosing your identity is very helpful for the accumulation of credit.

4. Classification of Blockchains

Currently, the most mainstream classification of Blockchains is to divide Blockchains into Public Blockchains based on different participants. ), Private Blockchain and Consortium Blockchain.

1. Public chain: Anyone can participate in the use and maintenance, and can obtain effective confirmation of the blockchain. The public chain is the earliest blockchain and the most widely used blockchain at present. , typically such as the Bitcoin blockchain, the information is completely public.

If a permission mechanism is introduced, it will include private chain and alliance chain.
2. Private chain: A company or individual only uses blockchain technology and has exclusive write permission to the blockchain, and the information is not made public. At present, conservative giants (traditional finance) all want to experiment with private blockchains, and the application products of private blockchains are still being explored.
3. Consortium chain: It is a blockchain between the public chain and the virtual chain, jointly controlled by multiple organizations. The use of this chain is managed with authority and can be controlled by managers and also based on The manager's wishes are open to others.
ExceptIn addition, according to the different use scenarios and purposes of blockchain, it is divided into currency chains for the purpose of digital currency, property rights chains for the purpose of recording property rights, crowdfunding chains for the purpose of crowdfunding, etc.

5. Analysis of specific application scenarios of blockchain

1. Information anti-counterfeiting

On May 28, Tencent CEO Ma Huateng spoke at the Guiyang Digital Expo The problem of Moutai anti-counterfeiting has been raised: the anti-counterfeiting method based on cloud-based comprehensive blockchain technology will be much more efficient than traditional anti-counterfeiting methods. In future anti-counterfeiting verification scenarios, users may only need to perform a simple scan with their mobile phone to obtain a large amount of complete information based on different dimensions.

Take Moutai as an example:

Distillery address, production workshop, operating employees, inspectors, factory time, transportation vehicle information and driver information,

The vintage source of raw materials for wine, raw material suppliers, storage warehouse numbers, raw material transportation vehicles and driver information,

All information can be accurately traced, permanently recorded and cannot be tampered with.

The authenticity can be easily verified based on the above information.

2. Food safety issues

As early as November last year, Walmart had cooperated with IBM to ensure food safety by using blockchain technology to track food sources. safety and increase the circulation of food to reduce costs. For large supermarkets such as Wal-Mart, when food safety problems occurred in the past, it took several days to investigate the source of the problematic food. After using this technology, only one piece of information about the product is required. It can accurately trace the source of important information such as food origin, inspectors, suppliers, logistics and transportation, and quickly detect problems within a few minutes. Currently, products tracked using blockchain include packaging products in the United States and pork in China.

3. Information Security

Blockchain technology is promoting a revolution in information security technology. Three major security threats: man-in-the-middle attack, data tampering, and DDoS

(1) Identity protection

PKI is a common public key encryption used in various communication applications such as email, messaging applications, and websites. technology. However, since most PKI implementations rely on a centralized trusted third-party certification authority (CA) to issue, activate and store user certificates, hackers can attack PKI to fake user identities or crack encrypted information.

CertCoin is the first blockchain PKI implementation, coming from MIT, which removes the centralized certification center and uses the blockchain as a distributed ledger of domain names and public keys.

Pomcor Company: Blockchain PKI implementation path: retain the certification center and use the blockchain to store hash values ​​of issued and activated certificates. Users can verify the authenticity of certificates through decentralized and transparent sources, while also improving network access performance through local authentication of keys and signatures based on blockchain copies.

(2) Data integrity protection

GuardTime developed a block-basedThe keyless signature architecture (KSI) of chain technology replaces the key-based data authentication technology. KSI stores hashes of the original data and files on the blockchain, runs hashing algorithms to verify other copies, and compares the results with the data stored on the blockchain. Any tampering with the data will be quickly detected because the original hash table is stored on millions of nodes.

(3) Protection of critical infrastructure

The "Achilles' heel" of the Internet, DDoS has entered the TB era, and DDoS is still the easiest way for hackers to defeat large targets at low cost. As a weapon, DNS services are the primary target for hackers to carry out large-scale damage, but blockchain technology is expected to fundamentally solve it.

The distributed storage of blockchain makes hacker attacks lose focus. Nebulis is developing a distributed DNS system using the Ethereum blockchain and the InterPlanetary Internet File System (IPFS, a distributed alternative to HTTP product) to register and resolve domain names. The biggest weakness of DNS is caching. Caching makes DDoS attacks possible and is also the bane of centralized governments censoring social networks and manipulating DNS registrations. A highly transparent, distributed DNS system can effectively prevent any entity, including the government, from manipulating records.

IV. Financial Industry

(1) Digital Currency: Improving the convenience of currency issuance and use

For example, foreign Bitcoin and Ethereum, our country currently There are Nuo Compao and so on.

From the use of physical transactions, to physical currency and credit currency, to the rise of the Bitcoin network, more people are aware of the distributed ledger blockchain technology behind it, and gradually outside of digital currency applied in many scenarios.

(2) Cross-border payment and settlement: realize point-to-point transactions and reduce intermediate costs

Transfer and payment. At present, the most mature application of blockchain technology is payment and transfer. Blockchain technology can avoid complicated systems, save the process of inter-bank reconciliation and review, and speed up settlement; using virtual currency does not require the intervention of a clearing house, reducing transaction fee. The clearing procedures of each country are different. It takes 2 or 3 days for a single remittance to arrive, which is inefficient and accounts for a large proportion of funds in transit. No longer going through a third party, point-to-point payment is formed through blockchain technology. Eliminating the need for third-party institutions, you can make payments throughout the day, receive money in real time, quickly withdraw cash, and reduce hidden costs, helping to avoid financial risks. It is timely and convenient.

(3) Bills and supply chain financial business: reduce human intervention, reduce costs and operational risks

Point-to-point value transfer, physical bills or central system for control and verification; intermediary will be eliminated and human intervention reduced. Improved efficiency, smoother financing channels, lower risks, and benefits for all parties.

(4) Securities issuance and trading: realize quasi-real-time asset transfer and accelerate transaction clearing speed

The application of blockchain technology can make the securities trading process simpler, more transparent and faster , Reduce IT systems with repetitive functions and improve the efficiency of market operations. for stocks, Blockchain can eliminate paper and pen or spreadsheet records, reduce human errors in transactions, and improve the transparency and traceability of the trading platform. Citi and Nasdaq collaborate to advance blockchain applications.

(5) Customer credit reporting and anti-fraud: reduce legal compliance costs and prevent financial crimes

Customer information and transaction records recorded in the blockchain help banks identify Abnormal transactions and effectively prevent fraud. The technical characteristics of blockchain can change the existing credit reporting system. When banks perform "know your customer" (KYC), the data of customers with bad records will be stored in the blockchain.

Equity crowdfunding: Equity crowdfunding based on blockchain technology can achieve decentralized trust and investors’ returns are guaranteed.

5. Supply chain management

Distributed ledger system, participants track the ownership of assets throughout the process, and can be used to track auto parts when moving between countries and factories.

Toyota is developing blockchain technology solutions for its core parts supply chain operations. Using a large amount of data helps Toyota more efficiently ensure the accuracy of recorded data and can also help manage the supply chain. At the same time, the blockchain supply chain can control warranty, repair goods-related costs and specifications through smart contracts, and transactions throughout the product life cycle are irrevocable.

The shipping industry’s first public solution, deployed by Maritime Transport International (MTI), uses blockchain supply chain technology to share Verified Gross Mass (VGM) information for shipping containers. Information about container VGM is important to ensure ships are properly stowed and to prevent accidents at sea and in ports. VGM data is stored on the blockchain supply chain, providing a permanent record for port officials, shipping companies, shippers and cargo owners. This replaces cumbersome logs, spreadsheets, data brokers and private databases.

Logistics Integrity System Wagonbang Wagonbang launched a blockchain-based financial solution for logistics enterprises, aiming to provide enterprises with reliable financial services. It can not only help drivers solve the problem of loan difficulty, but also change the current situation of lack of integrity in the industry and help build a logistics integrity system. Help build the identity chain of logistics companies and create a trusted data ecosystem for logistics companies. Using a transparent, supervisory, and traceable algorithm model, we screen reliable companies that need financial support and provide them with financial services. On the other hand, at the technical level, various law enforcement departments are linked to jointly punish dishonest companies.

6. Government management

(1) Election

Based on the characteristics of blockchain technology and considering the shortcomings of current election technology, we will build an open source , Blockchain applications for elections, voting and lottery, we call it ElectionChain. We hope to optimize election and voting technology to make voting more open and transparent, reduce human manipulation, and allow voters to verify their election results.

Including identity authentication, multi-chain system, flash investment protocol, consensus algorithm EDPOS, privacy protection, and voting mechanism design, decentralized ELC rental market, storage solutions, smart contracts, etc.

(2) Government services

Aiming to realize an e-government digital ecosystem based on blockchain technology and provide citizens with government services and an automated mechanism for the business of various government departments, it must be All areas of national government affairs are combined to form a common information space, including government agencies, economic data, financial transactions and social fields. This ecosystem should also include registries and corresponding software for building smart contract-based applications and platforms for government agencies, businesses and public users.

G. BlueFocus and Blockchain Data Foundation cooperate to explore marketing blockchain applications

Recently, the Blockchain DATA Foundation and BlueFocus reached an agreement Strategic cooperation, the two parties will work together to build the marketing blockchain laboratory of BlueFocus Kunlun Hall Research Institute. The two parties will cooperate on the technical implementation of the DATA project in data anti-fraud in the field of digital marketing, and will also jointly explore the broad application prospects of blockchain technology in the field of advertising and marketing.

BlueFocus was founded in 1996 and listed on the GEM in 2010. In addition to having branches in major domestic regions, BlueFocus also has an international business network in North America, Europe and other countries and regions in the Asia-Pacific. Asia's largest marketing communications company. In the context of the era of big data and social media, BlueFocus continues to increase data genes and technology genes through business innovation and investment and mergers and acquisitions, and achieves the integration of content, creative services and product technology capabilities, forming new core competitiveness. In 2017, BlueFocus achieved total revenue of 15.2 billion yuan, of which data technology business revenue accounted for nearly 90%. More than 20% of the ideas have been completed by independently developed intelligent service robots, and the intelligent management service platform has taken shape.

The DATA project is a decentralized terminal data credit protocol based on blockchain and driven by AI technology and P2P mobile storage architecture. The DATA project is committed to using blockchain technology to solve serious problems in the global digital ecosystem such as data fraud, low cooperation efficiency caused by lack of trust, waste of ecological resources, and uneven value distribution. Through terminal-level data trustworthiness assessment, the DATA project hopes to solve the problems of data traceability, confirmation of incentives, and quality control.

In March of this year, BlueFocus and Lakala Group jointly established the Kunlun Hall Big Data Research Institute, which consists of four major laboratories: cloud computing, artificial intelligence algorithms, service robots, and blockchain applications. And set up a research center in Silicon Zen Valley. BlueFocus hopes to integrate various forces to build a smart operation platform. In the future, it will rely on big data construction capabilities to realize the output transformation and in-depth application of scientific research results, provide a powerful engine for the intelligent development of the entire marketing system, and ultimately empower customers with smart operations. Ability to achieve business model innovation.

The two parties will carry out the following cooperation on the implementation of the DATA project and the exploration of blockchain technology in the field of digital marketing:

On the one hand, based on the accumulation of marketing communication services for more than 20 years, BlueFocus has a deep understanding and strong demand for digital marketing effect monitoring. BlueFocus will try to use the Data Authentication Protocol and other related technologies provided by the DATA project within the system to build the underlying blockchain infrastructure for terminal data quality monitoring and traffic fraud prevention. For example, its mobile intelligent marketing integration service company Domob focuses on mobile brand advertising, performance advertising and APP distribution, and has a one-stop programmatic advertising platform. By combining DATA, Domob can not only further improve its traffic anti-fraud system, optimize service processes and improve marketing efficiency, but also become a DATA ecological certification node and work with ecological partners to jointly govern the ecosystem.

On the other hand, the two parties will combine the actual needs of BlueFocus and its subsidiaries in the marketing field to explore more application scenarios of blockchain technology, and will be jointly organized by the Blockchain Data Foundation (Blockchain DATA Foundation) leads the research of the institute’s blockchain laboratory in the field of marketing. Through core mechanisms such as blockchain-based consensus engines and smart contracts, the two parties will conduct research on marketing alliance chain research and development, intelligent marketing, settlement and payment, and data privacy security. By combining AI and big data technologies, we jointly improve digital marketing efficiency and create more value for customers and ecological partners.

In this cooperation, BlueFocus will also join the Global Data Trust Alliance as a strategic partner to jointly build a true, mutually trusting and efficient global data ecosystem. The Global Data Trust Alliance is an alliance initiated by the Blockchain DATA Foundation with the goal of establishing a true and mutually trusting data ecosystem. Currently, the American marketing data monitoring and analysis company Kochava, XCHNG Global Zone Blockchain digital marketing platform and global mobile monetization optimization platform Yomob are both members of the alliance. At the same time, Kunlun Hall Marketing Blockchain Laboratory will also work together with members of the Global Data Trust Alliance to explore potential vertical application scenarios that blockchain technology can really empower in solving data trust.

H. Comic popular science about blockchain, you need to know the basic concepts

No matter what industry you are in, you must have seen information about the district in your circle of friends in the past two days Various news about blockchain. So, what exactly is such a popular blockchain?
1. What exactly is blockchain?
A cartoon will help you understand in seconds
Blockchain technology refers to a way for all people to participate in accounting. There is a database behind all systems. You can think of the database as a big ledger. Currently, each is keeping its own accounts.
Since there is no centralized intermediary agency, letting everything run automatically through preset programs can not only greatly reduce costs, but also improve efficiency. And since everyone has the same ledger, it can ensure that the ledger recording process is open and transparent.
Blockchain technology is the underlying technology of Bitcoin. Without the operation and management of any centralized organization, Bitcoin has been running very stably for many years without any problems, so some people have noticed its underlying technology. , extract the abstraction of Bitcoin technology and call it blockchain technology, or distributed ledger technology.
According to a report released by Santander, Spain's largest bank, if all banks around the world use blockchain technology internally around 2020, they will save approximately US$20 billion in costs per year. Such data is enough to illustrate the tremendous changes and breakthroughs that "blockchain" has brought to the traditional financial field.
Cloud computing is usually defined as providing dynamic, easily scalable and often virtualized resources through the Internet, but it is often a centralized organization that provides a cloud computing platform. The network composed of blockchain generally does not have a specific organization, so blockchain is closer to the definition of a distributed computing system and is a type of distributed computing.
Q Coin is a centralized electronic currency, including the total amount and issuance method, which are controlled by Tencent. The total amount and issuance method of Bitcoin are pre-set by programs and encryption algorithms, and run on multiple nodes around the world. No one or institution can modify them, and they are not controlled by any single person or institution. Q coins are generally called electronic currencies or corporate tokens. Bitcoin is called digital currency or encrypted digital currency.
2. What are the characteristics of blockchain? What can it be used for?
In summary, blockchain is the underlying technology of Bitcoin. It is like a database ledger that records all transaction records. In essence, blockchain is the underlying technology of Bitcoin. It is a decentralized database. This technology has gradually attracted the attention of the banking and financial industries because of its safety and convenience.
Blockchain has the characteristics of decentralization, no need for central trust, non-tampering, and encryption security. It is entering the vision of government decision-making, financial institutions, and large enterprises, and is used in digital currency, payment settlement, credit financing, and finance. trade.
What can blockchain be used for? From the current point of view, the most obvious application of blockchain is Bitcoin. Blockchain first gained attention thanks to Bitcoin.
Qian Lufeng, chief analyst of the computer industry at Sinolink Securities, said that the most typical application scenarios of blockchain currently include three categories:
The first is currency applications, such as Bitcoin, Ethereum, etc.;
The second is Traditional financial fields, such as blockchain technology alliance R3, Hyperledger, etc., have brought togetherGoldman Sachs, Ping An of China, HSBC, IBM and other institutions are committed to cross-border payment, financial bill management and other application scenarios in the financial field;
The third is non-Yuanzhou financial fields, such as energy, luxury goods, telecommunications, Internet, etc. field.
Listed companies in the A-share computer sector have actively deployed blockchain in aspects such as equity investment, technology research and development, and project cooperation. However, because it takes a certain amount of time to incubate a new team and new projects/products/services, many listed companies are still in the early trial and error stage in terms of blockchain technology research and development and scenario-based applications.
As for the application of blockchain in the financial and non-financial fields, Industrial Securities stated that many traditional financial institutions, including banks and exchanges, currently attach great importance to technologies such as distributed ledgers of blockchain. And began to explore its practical applications in cross-border payments, bill transactions, securities issuance, etc. Some industry leaders have already entered the concept verification and project implementation stages.
With the improvement and innovation of underlying algorithms such as consensus mechanisms, Internet companies and non-financial companies have also begun to explore the possibility of applying blockchain in non-financial fields such as supply chain management, copyright transfer, and case management.