Blockchain International Forum
1. Germination stage: the real germination stage of blockchain was from 2007 to 2009. In 2008, a Japanese American with the pseudonym of Nakamoto first expounded a new fantasy report on electronic money in the form of a synonym on the cryptography discussion group, and bitcoin came out. As early as 2007, Nakamoto began to explore a series of new technologies to create a new currency. On October 31, 2008, bitcoin white paper was released, and on January 3, 2009, bitcoin system officially began to operate
the main technologies supporting bitcoin system include hash function, distributed ledger, blockchain and asymmetric encryption; It can be seen that these technologies build the initial version of the blockchain, and it can also be said that the blockchain is the underlying technology of bitcoin. During the three years from 2007 to 2009, bitcoin was an experimental stage in which a very small number of people participated, and the real commercial activities had not really started
2. "Geek" niche stage: here, "geek" refers to people who are crazy about Internet technology and take technological innovation as fashion and life. On February 6, 2010, the first exchange of bitcoin appeared. On May 22 of the same year, someone bought two hamburgers with 10000 bitcoins. On July 17 of the same year, the exchange Mt. GOx was established, marking the official inflow of bitcoin into the market. Nevertheless, the only people who can really understand and enter the market to participate in bitcoin trading are geeks who are keen on Internet technology. They discuss bitcoin technology on the forum, mine for bitcoin on their own computers, and then buy and sell bitcoin on Mt. GOx. Now these geeks have become billionaires
3. Market brewing stage: the price of bitcoin was $13 at the beginning of 2013, but on March 18 of the same year, the government of Cyprus closed the bank and stock market e to the financial crisis, which made the price of bitcoin soar, and the highest price rose to $266 in April. On August 20 of the same year, the German government confirmed the currency status of bitcoin. On October 14, China network announced the opening of bitcoin payment channel. In November, the US Senate hearing also confirmed the legitimacy of bitcoin. On November 19, the price of bitcoin rose to US $1242, forming a new high. Nevertheless, the foundation for blockchain to enter the mainstream social economy is not yet available, and the soaring price of bitcoin is only e to over optimistic expectations. The containment of China's banking system, the collapse of Mt. GOx and other events made the price of bitcoin continue to fall. At the beginning of 2015, the price of bitcoin has dropped below $200. From 2013 to the beginning of 2015, the public began to understand bitcoin and blockchain
4. The mainstream period of blockchain: on June 23, 2016, the United Kingdom left the European Union, the fifth nuclear test of North Korea in September, Trump's election in November and other events, the uncertainty of the world's mainstream economy led to the recovery of bitcoin with the function of risk aversion. The market demand was large, and the increase of trading volume made the price of bitcoin soar from $400 in 2016 to $20000 in 2017, The wealth effect of bitcoin and the transaction overflow caused by network congestion of bitcoin have led to the outbreak of other series of virtual currencies, as well as a variety of blockchain applications, resulting in the emergence of a large number of blockchain assets that are 100 times, even 1000 times and 10000 times, which has aroused the crazy pursuit of the world, Subsequently, the Chicago Mercantile Exchange launched bitcoin futures trading, marking that bitcoin has officially entered the mainstream investment proct series, and bitcoin and blockchain have entered the global attention
5. Instry landing stage: after the market frenzy in 2017, the virtual currency and blockchain have been adjusted in terms of market, supervision, cognition, etc. in 2018, returning to rationality. In 2017, many blockchain projects that follow the blockchain technology will graally die out with the cooling of the market, and the projects with real blockchain applications will be initially implemented. 2018 is not only the first year of the blockchain, but also a gold rush period for the blockchain. After the waves wash away the sand, what remains is relatively good gold
from the perspective of the history of blockchain development, blockchain technology is not yet mature and is currently in the growth period. The specific practical application of blockchain is only used in the financial field. It still needs a long way to go to apply blockchain from other instries. However, we should grasp the trend of blockchain and actively learn from the new field of blockchain.
There is no doubt that blockchain has development prospects, and the necessary condition for development prospects is to enter the mainstream market
North America blockchain infrastructure the oan (former aion network) founder and CEO Matt spoke published an article entitled "in order to successfully enter the mainstream market, blockchain projects must" eat dog food "in Forbes on July 24, in which Matt mentioned his views on how blockchain should enter the mainstream market - & quot; Eat dog food
in the science and technology circle, there is a jargon called & quot; Eat dog food Dogfood (also known as eating your own dog food) refers to companies using their own procts and becoming users of their own procts. Many high growth companies (such as Microsoft, Facebook, Amazon, apple, Netflix and Google) also test their procts by "eating dog food" or help build credibility“ "Eat dog food" is often used to find and fix bugs, but it has another value: to create reliable use cases for the company's procts
this is worth learning from blockchain projects, because blockchain projects often hold & quot; Once built, they (users) will come naturally, which habitually leaves the responsibility of creating new and interesting blockchain applications to a third party
this attitude is very common, even the well-known blockchain summit consensus 2019 also held a conference entitled & quot; Once built, they (users) will naturally come: to build a global blockchain Center & quot; To discuss how governments around the world can make efforts to attract blockchain projects while balancing regulatory, investment and innovation needs
to be fair, this strategy may be effective for blockchains that only focus on people in the currency circle. For the security token, especially for the exchange represented by the transaction, it makes more sense - "supply creates demand" is the usual idea here, especially considering that the realization of these transactions requires the construction of complex infrastructure
in contrast, "eat dog food" is more likely to be adopted by blockchain project developers who seek mainstream audiences (such as those in financial instry, manufacturing and supply chain, identity management, etc.). If blockchain technology wants to enter these mainstream fields, blockchain companies must first "eat dog food". This can not only clearly prove that blockchain technology is feasible outside the coin circle, but also highlight that blockchain can not only optimize existing use cases, but also create new use cases
and the oan team has been adhering to this concept, and relying on the oan and aion's technology stack built over the years, it has developed a financial technology platform moves for independent workers
Matt said that in the development and development of moves, the team hopes that the relevant functions of the OAN blockchain network can be brought into full play, so it will focus on the following three aspects:
1. How to use the OAN blockchain network to improve the credit efficiency of the proct there are two main considerations to improve credit efficiency: 1) can we use the mechanism of the defi market to rece the cost of capital; 2) Can the blockchain technology be used to increase the external trust in the credit process of moves. Here, moves will form a mechanism of "pooling wisdom", so that everyone can contribute to recing credit risk and increasing the credibility of credit process, and may even develop a micro guarantee mechanism in the future. Therefore, users will be able to participate in the market established by the platform as borrowers, lenders or guarantors
specifically, by connecting moves with the oan network, and with the help of digital asset aion, a relationship of interest consistency is formed between procts and users, so that users can personally experience the success of moves procts and directly participate in the oan, a blockchain network supporting moves
3. How to create the first open system of financial reputation data with moves
this open system may become a substitute for traditional credit scores or related mechanisms. Over the years, banks and financial institutions have been using Equifax, Fico or other similar institutions' scores as risk indicators, and the moves team believes that the procts they are building will be a good start - the beginning of a more perfect and modern financial reputation system. This is a long-term goal
moves supports North American mainstream carpooling, take out and other casual work economic platforms, and will be the flagship open application developed by the oan on its blockchain network. In June, moves expanded its operations from Ontario to Alberta and British Columbia into western Canada
all the initiatives of the oan team adhere to the spirit of "eating dog food" and strive to make blockchain technology enter the mainstream market as soon as possible. Blockchain is not for the minority, but for the mainstream. In addition to the oan team, many projects and institutions in the blockchain instry are also aiming at this goal. Can you say that such an excellent and targeted blockchain has no development prospects
China blockchain network adheres to & quot; Overview the situation and trends of blockchain, gather the business strategy of blockchain, spread the hot information of blockchain, and show the rich value of blockchain; It relies on world authoritative institutions (China social and economic decision making Advisory Committee, China social and economic decision making Advisory Center, China Market Research Center and China Market Research Center) to study, judge and make decisions on the blockchain. The operating institutions cooperate with the people's Bank of China, China Banking Regulatory Commission, China Securities Regulatory Commission, China Insurance Regulatory Commission, top 10 commercial banks, top 10 law firms, top 10 law firms, top 10 commercial banks, top 10 law firms The top ten accounting firms, top ten intellectual property companies, China professional credit platform and more than 100 Internet and financial research institutions of relevant national ministries and commissions have cooperated to absorb the authoritative views of 650 well-known experts and scholars from 200 key universities at home and abroad, and have more than 2000 excellent editors and 500 national Internet technology backbone special contributors to provide first-line information. Its authority, foresight, comprehensiveness, strategy, authenticity and practicability have been recognized by the global market, making China's blockchain network unique in the global blockchain field
the & quot
China blockchain network is a large-scale comprehensive media organization officially approved by relevant state departments to release financial and economic information. The website was jointly organized by China Enterprise News Watch, 28 financial institutions, 36 colleges and universities, 200 business associations and more than 100 world-famous media in 2012. It is now undertaken by Zhongcheng Cultural Media Co., Ltd. and is the world's largest blockchain portal
China blockchain network adheres to & quot; Overview the situation and trends of blockchain, gather the business strategy of blockchain, spread the hot information of blockchain, and show the rich value of blockchain; It relies on world authoritative institutions (China social and economic decision making Advisory Committee, China social and economic decision making Advisory Center, China Market Research Center and China Market Research Center) to study, judge and make decisions on the blockchain. The operating institutions cooperate with the people's Bank of China, China Banking Regulatory Commission, China Securities Regulatory Commission, China Insurance Regulatory Commission, top 10 commercial banks, top 10 law firms, top 10 law firms, top 10 commercial banks, top 10 law firms The top ten accounting firms, top ten intellectual property companies, China professional credit platform and more than 100 Internet and financial research institutions of relevant national ministries and commissions have cooperated to absorb the authoritative views of 650 well-known experts and scholars from 200 key universities at home and abroad, and have more than 2000 excellent editors and 500 national Internet technology backbone special contributors to provide first-line information. Its authority, foresight, comprehensiveness, strategy, authenticity and practicability have been recognized by the global market, making China's blockchain network unique in the global blockchain field
the & quot; Chain network, chain weekly, chain research report, finance and economics, news, banking, legal system, securities, futures, finance, finance, intellectual property, digital currency, financial management, credit and culture; And other important columns are famous all over the world. All kinds of dynamic information broadcasted daily is directly connected to financial institutions, central banks, China Banking Regulatory Commission, China Insurance Regulatory Commission, China Securities Regulatory Commission, commercial banks, Internet of things enterprises, law firms, financial companies, etc. all over the world. It is a link and bridge for blockchain to communicate and cooperate with all walks of life<
major activities such as "China small and medium sized enterprises investment and Development Forum" and "International Cultural Instry Investment Fair" sponsored and co sponsored by China blockchain network are well-known at home and abroad
the tenet of China blockchain network is to connect with the world, serve the world, run the network with integrity and keep pace with the world
Finance, news, banking, legal system, securities, futures, marketing, financial management, Culture & quot; And other important columns are famous all over the world. All kinds of dynamic information broadcasted daily is directly connected to financial institutions, central banks, China Banking Regulatory Commission, China Insurance Regulatory Commission, China Securities Regulatory Commission, commercial banks, policy banks, joint-stock banks and rural credit cooperatives all over the world, which is the link and bridge of communication and cooperation between blockchain and all sectors of society<
major activities such as "China small and medium sized enterprises investment and Development Forum" and "International Cultural Instry Investment Fair" sponsored and co sponsored by China blockchain network are well-known at home and abroad
the tenet of China blockchain network is to connect with the world, serve the world, run the network with integrity and keep pace with the world
China blockchain network: the leader of global blockchain
China blockchain network: the largest information exchange platform of global blockchain
secondly, blockchain will play a role of "improving the efficiency of instrial chain collaboration". Enhancing instrial collaboration is an important way to promote manufacturing in China to move towards the middle and high end. However, in many instries, the efficiency of instrial chain collaboration is still not high, especially in the field of international trade
thirdly, blockchain will play a role of "building an honest instrial environment". At present, the construction of China's social credit system is accelerating, but in some cases, the process of building trust among partners is still slow, it is difficult to obtain all kinds of credit information, and it is difficult for small, medium and micro enterprises to obtain credit loans from financial institutions. Through the "transaction on the chain", all aspects can more easily find out the accurate historical credit situation of the counterparties, and establish the cooperation mechanism faster; Banks can also give credit to enterprises more safely based on transaction records, and promote the solution of the problems of "difficult, expensive and slow financing" of small, medium and micro enterprises operating in good faith
in addition, blockchain can make use of smart contracts to avoid default and fraud to a large extent, and can also make efficient and convenient payment scenario applications in combination with blockchain asset wallet. As early as in the blockchain circle, there have been many innovation forums and Instry Summit aiming at the direction of blockchain enabling the real economy, and combining with the local economic instry to carry out landing optimization. For example, the world blockchain conference Macao station intends to make a deep integration with the local economic instry, and use and popularize the blockchain assets with the payment means of magic chain wallet.
On the morning of May 28, a special actor played Mao Zedong to participate in the 2018 Boao Asian blockchain forum. The video was forwarded in the circle of friends. In his speech, the actor said, "I thank you in the name of Mao Zedong.". According to the information of the organizer, the organizing committee includes panda capital and other investment institutions, and the activity is supported by Martian finance and other blockchain media. Beijing News reporter learned that panda capital and Mars finance and economics issued clarification statements afterwards, saying that they did not participate in the activities or cooperate with the forum. At the same time, the Organizing Committee announced that the actor's speech does not represent the organizing committee, but is only a part of the performance
according to the notice on prohibiting the use of the image of Party and state leaders for commercial promotion issued by the State Administration for Instry and commerce, it is prohibited to use and display the image and inscription of Party and state leaders (including those who have left or died) on commodities and their packages, as well as any form of expression involving the name of Party and state leaders; It is forbidden for enterprises to use the name and image of the party and state leaders to carry out any form of commercial propaganda and promotion activities. They are not allowed to use the images and inscriptions of the party and state leaders (including those who have left or died), or use special actors to promote procts or services with the image of the leaders
content source: Beijing News
a day ago, Sheng Songcheng, counselor of the people's Bank of China and executive vice president of China Europe Lujiazui Institute of international finance, also said that the future of blockchain is to serve the real economy“ If blockchain and virtual currency are combined, and blockchain is mainly focused on virtual currency, I don't think blockchain will have a future. " Sheng Songcheng said
Li Lihui, head of the blockchain research working group of China mutual Finance Association and former president of Bank of China, believes that the future development direction of blockchain is large-scale application. In his view, how to achieve large-scale application depends on four factors: efficiency, cost, reliability and safety, and system
Zhu Min, former vice president of Bank of China, central bank and IMF, and now president of National Institute of finance of Tsinghua University, said at the Boao Forum: "when talking about blockchain, we should first separate blockchain from bitcoin, which is not a concept. As a technology, blockchain is revolutionary and unlimited in the future. Blockchain technology will have great application prospects in the future, and the future is very good. "
"the combination of blockchain and virtual currency has no future"
as early as 2014, Sheng Songcheng published an article in an authoritative journal, explaining that virtual currency is not currency in essence from the origin and essence of currency
in his view, if virtual currency overflows, monetary policy can not be implemented, and monetary policy is one of the main means of macroeconomic regulation and control in the world
according to him, when virtual currency first came out, the attitude of central banks was not unified“ But up to now, we have basically unified our views, at least we do not recognize it as currency, because it will hinder the implementation of the whole monetary policy. " Sheng Songcheng said< As early as November 20, 2013, Yi Gang, who was also vice president of the people's Bank of China, first talked about bitcoin at a forum. At that time, he said that from the perspective of the central bank, it was impossible to recognize the legitimacy of bitcoin in the near future. However, he also believes that bitcoin trading, as a kind of trading behavior on the Internet, ordinary people have the freedom to participate
at that time, Yi Gang's statement was interpreted as good news by some bitcoin investors. They believed that although the regulatory authorities did not recognize the legitimacy of bitcoin, they did not characterize it as illegal and would not directly interfere in the trading of bitcoin. But unexpectedly, the price of bitcoin fell to 4150 yuan the next day.