Blockchain off chain improves performance
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
1. Physical security
the network and host running the blockchain system should be in a protected environment. According to the regulatory requirements of specific business, the protection measures can be used to protect the physical network and host by means of VPN, firewall, physical isolation, etc
2. Data security
in principle, the data exchange between nodes of the blockchain should not be transmitted in clear text. For example, asymmetric encryption can be used to negotiate key, and symmetric encryption algorithm can be used to encrypt and decrypt data. The data provider should also strictly evaluate the sensitivity and security level of the data, decide whether to send the data to the blockchain, whether to desensitize the data, and adopt strict access control measures
3. Application system security
application system security needs to start from the aspects of identity authentication, authority system, transaction rules, anti fraud strategy, etc.
relevant personnel, transaction nodes and transaction data involved in application operation should be controlled in advance and auditable afterwards. Taking financial blockchain as an example, consensus algorithm with stronger fault tolerance, anti fraud and higher performance can be adopted to avoid joint fraud of some nodes
4. Key security
to encrypt the communication data between the blockchain nodes and the key to encrypt the data stored on the blockchain nodes, the plaintext should not exist on the same node, and the private key should be properly saved by the encryption machine. When the key is lost or leaked, the system can identify the relevant records of the original key, such as account control, communication encryption, data storage encryption, etc., and implement response measures to make the original key invalid. The key should also be managed strictly in the life cycle, and should not be permanently valid. It needs to be replaced after reaching a certain time cycle
5. Risk control mechanism
there should be careful detection measures for the network layer, host operation, data access of application system, transaction frequency and other dimensions of the system. For any suspicious operation, alarm, record and verification should be carried out. If illegal operation is found, loss assessment should be carried out, remedial measures should be taken at the technical and business levels, and security measures should be strengthened, And trace the source of illegal operation to prevent further attacks
Article source: white paper on blockchain technology and application development in China
Article 12 of the constitution of the people's Republic of China stipulates that "socialist public property is sacred and inviolable", "no organization or indivial is allowed to occupy or damage state and collective property by any means", and Article 13 stipulates that "citizens' legitimate private property is inviolable", "The state protects citizens' private property rights and inheritance rights in accordance with the law.". The second paragraph of Article 73 of the general principles of civil law stipulates that "state property is sacred and inviolable" Article 4 of the property law stipulates: "the property rights of the state, the collective, the private and other right holders shall be protected by law and shall not be infringed by any unit or indivial." It can be seen that the equal protection of public property and private property in the property law actually improves the relative legal status of private property and establishes the principle that private property and public property have the same civil status, which lays the foundation for the legal restoration of the universal equal civil relationship between state-owned and non-state-owned property rights, Moreover, combined with the fact that the income and wealth of Chinese citizens have generally increased since the reform and opening up, the "property owners" protected by the property law have covered the actual interests of the vast majority of the Chinese people< Second, the property law is about the legal appreciation of RMB.
in the legislative explanation and deliberation report, the property law has made positive explanations or provisions on the right to contracted management of rural land, the right to use homestead, the right to use urban commercial residential land and other major property rights involving the vital interests of the masses, It fully reflects the principle of respect and retroactive protection for citizens' real right in fact. For example, Article 149 of the property law stipulates: "if the term of the right to use residential construction land expires, it will be automatically renewed." This is not only a supplement and improvement to the unreasonable legal provisions in the past from the perspective of social stability, but also a concrete manifestation of respecting citizens' factual rights to "things" -- the vital interests of the overwhelming majority of the people are the most important social public interests, and the law, as a form of protection, should only adapt to it rather than become a system shackle, The legislative practice of property law vividly implements the basic principles of "seeking truth from facts", "respecting facts" and "people-oriented". In terms of "automatic renewal of the right to use residential construction land" only, the property law dispels the huge interest ambiguity and injects huge future economic expectations for the real estate instry, which occupies an important proportion in the national economy. In other words, through the property law, the real estate instry has the right to use residential construction land, After the expiration of the term of the right to use residential construction land, the huge rights and interests of the state owned by the original provisions are clearly retained by the original property owner according to the fact of possession of the "property", which is actually a huge, clear and legally guaranteed social investment for the real estate economy through legislation. From the above point of view, the property law opens up the operation space for the legal appreciation of the important social universal property rights, which is not only beneficial to the asset appreciation of the related instries and fields involved in the rural land contractual management right, the right to use homestead, the right to use urban commercial residential land, but also a legal appreciation of RMB< Thirdly, the economic significance of the property law is underestimated by the society.
at present, we need to further study the economic significance of the property law and look for the significant impact of the implementation of the property law on the real estate economy, financial economy and rural economy. We must pay attention to that this is an objective fact, What's more, it is an important effect that will continue to play a role in the future, or it is a far-reaching event that touches all fields of China's social and economic life. A realistic suggestion is that it is necessary for the economic instry and the general market people to explore the strategic influence from the property law in combination with their own reality, so as to obtain specific and practical strategic enlightenment
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