Favorable factors of blockchain development in China
in 2019, the market scale of China's blockchain instry will reach 1.2 billion yuan
in 2016, the market scale of China's blockchain instry will be about 100 million yuan, and it will grow to 1 billion yuan by 2018.
in 2019, the scale of China's blockchain instry will grow steadily, with an instrial scale of about 1.2 billion yuan. With the attention and attention of local governments, it is estimated that by 2022, the market scale of China's blockchain core procts and solutions and related derivative instries will reach 10 billion yuan
from the research results, in terms of consensus mechanism, China's consensus mechanism graally moves from single algorithm to mixed consensus; In terms of cryptographic algorithms, cryptographic algorithms such as secure multiparty computation, homomorphic encryption and zero knowledge proof are continuously integrated and applied; The research of cross chain technology and security technology has graally become a research hotspot
from the perspective of blockchain hardware, at present, the world's most important digital currency mining equipment suppliers are all located in China, and only bitmainland, Jianan Yun and Yibang technology occupy more than 90% of the market share
from the perspective of instry application, the financial instry is the instry with the largest number of blockchain technology implementation projects and the richest scenarios, such as supply chain finance, asset certificate aromatization, credit reference and risk control
in 2020, the blockchain instry will be further standardized
in 2020, China's blockchain policy will continue to be favorable, the standard specifications will be more perfect, the instrial scale will continue to grow, the technology will continue to innovate and develop, and the application demonstration effect in key fields will accelerate. At the same time, according to the problems existing in the development of China's blockchain in 2019, CCID blockchain Research Institute puts forward six suggestions: accelerating the formulation of top-level design, establishing and improving the regulatory system, accelerating the innovation and development of core technologies, promoting the third-party evaluation and certification, strengthening the cultivation of professional talents, and accelerating the implementation of applications in various fields
- the above data comes from the analysis report of China's blockchain instry market outlook and investment strategic planning of foresight Instry Research Institute
What is the prospect of blockchain technology? The following is just personal experience and opinions, for reference and learning only
I have been in touch with the blockchain instry for many years, and I have my own views and understanding from its ups and downs. I personally think blockchain technology is still very good. The reasons are as follows:
first, blockchain technology as a rookie after the Internet, the Internet is the transmission of information, and blockchain is the exchange of value. The development trend of blockchain is similar to that of Internet
2. After the blockchain has gone through great waves and been widely misunderstood, there are still many blockchain explorers and practitioners in the instry making continuous efforts
Third, with the attention of the country and other countries to the blockchain instry, governments all over the country have set up blockchain development funds to promote the development of the local blockchain instry, so as to occupy the highland of the blockchain instry Fourth, the Internet of things is the development trend in the future. Facing the growing demand for the ecosystem rights of the Internet of things, the computing power of the central server is severely challenged, and decentralization becomes the key to solve this problemthe above content is only a new point of view, or it needs specific analysis of specific issues. After all, practice is the only standard to test the truth
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
2. Blockchain is an innovative application mode of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies in the Internet era. In recent years, the development and application of blockchain is of great significance to technological innovation and instrial revolution. This experience introces the relevant knowledge of blockchain technology
3. Blockchain is a distributed ledger, which can contain financial and / or non-financial transactions. It can be replicated (distributed) on multiple systems in almost real time through peer-to-peer network. Each participant "owns" the same ledger and gets updated when adding any transaction. Each participant helps to determine the inherent "invariance" of all existing records, Using cryptography and digital signature to prove identity, authenticity and enforce read / write access, there is a mechanism that makes it difficult to change history, and it is easy to detect someone trying to change it.
the alliance is jointly sponsored by 24 enterprises, institutions, universities, instry media and associations, including Shenzhen Branch of China Quality Certification Center, Tencent, Cisco, CIMC, Zhongan technology, Neusoft group, Shenzhen IOT Media Co., Ltd., Shenzhen Institute of standards and technology, Shenzhen University blockchain technology research center, and is committed to focusing on promoting blockchain technology research Achievements transformation, application promotion and instrial development
recently, blockchain technology has been highly affirmed by the Political Bureau of the CPC Central Committee. The stock prices of listed companies involved in the concept of blockchain have skyrocketed, and the market is hot. It is also hotly discussed that blockchain has been "turned into a regular" by the state, so the future prospects are bound to be bright
now, the year is coming to an end, and 2019 will come to an end. One year later, what progress has Shenzhen blockchain instry alliance made
let's take a look at the progress of the following four instry alliance members first< At the original founding meeting, Tencent was selected as the chairman of Shenzhen blockchain instry alliance, and Cai Yige, general manager of Tencent blockchain business, served as the chairman of the alliance
now, Cai Yige will be the general manager of Tencent virtual bank blockchain
it is reported that at the recent "2019 world blockchain conference · Wuzhen", Cai Yige disclosed that Tencent has obtained the virtual banking license granted by the Hong Kong Monetary Authority and is preparing the virtual banking blockchain project. At present, Tencent has digital asset practice in supply chain finance and improving asset and capital allocation efficiency
from the general manager of blockchain business to the general manager of virtual bank blockchain, the stage will naturally be broader< In 2019, as the representative of blockchain enterprises, Cisco participated in the preparation of national standards for blockchain
on April 3, 2019, China Institute of Electronic Technology Standardization (hereinafter referred to as the Institute) organized experts to successfully hold the first working group meeting of the national standard 2019 of "information technology blockchain and distributed ledger technology reference architecture" in Shanghai
experts from SAC / TC 180 national financial standardization technical committee and 36 domestic enterprises including Cisco, Internet, Tencent, Jingdong and Ping An of China were invited to attend the meeting
this meeting clarified the national standard content of reference architecture, and defined the next step of preparation plan
Mo Bing and Wei Songjie, as the national standard setters of the reference architecture, concted in-depth research and Discussion on terms, user view, function view and system view related to blockchain technology, and exchanged the latest progress of blockchain standardization at home and abroad
at the business level, Cisco insists on promoting the technology research and development of "Internet of things + blockchain", invests a lot of funds in the research and development of application solutions and supporting chips, and promotes the improvement of the core proct system
for example, accelerate the improvement of RFID chip procts, and focus on the research and development of low-cost and high-performance UHF Passive RFID chip, high-performance NFC + UHF al band tag chip, and UHF RFID reader chip and mole
within one year, we cooperated with Neusoft, Shougang, Laofengxiang and other listed companies to provide them with corresponding "Internet of things + blockchain" technology solutions
in the future, we will continue to speed up the promotion and implementation of blockchain plus Internet of things system solutions, and improve and optimize the terminal equipment and software platform for anti-counterfeiting, traceability, warehouse inventory, smart retail, data acquisition and other systems
so far, 69 patents related to "Internet of things + blockchain" have been submitted, 47 invention patents, and the rest are utility models and layout designs
as the technical supporter of Walton chain, Cisco tries to go further on the road of combining hardware with software
the company's key proct is the combination of self-developed RFID chip and Walton chain (commercial bottom public chain), which uses the technology features of blockchain chain, such as non tampering and full process traceability, to serve the scene data collection and traceability applications in food, clothing, retail, power grid equipment, art and other instries, Form a standardized comprehensive solution for data collection, certification and traceability of various instries< Zhongan Information Technology Services Co., Ltd.
as the first Internet insurance company that hopes to reshape the insurance value chain through science and technology, Zhongan has set up a blockchain team since 2015 to reserve core technology and explore the deep integration of blockchain technology and instrial innovation. Up to now, it has submitted 129 blockchain related patents, 112 of which can be checked publicly
"in the future, Zhongan blockchain will focus more on the exploration of insurance. Sooner or later, blockchain and smart contract will have a significant impact on insurance. We have started to penetrate from simple and marginal business. From the early health insurance policy deposit, to the claim efficiency of smart contract, and then to the policy token, we hope to use technological innovation to release manpower, improve efficiency, rece transaction friction and loss between collaborations, and create a real new insurance. " Zhongan technology CTO Li Xuefeng said recently
in 2019, Zhongan science and technology will focus on supply chain finance. In view of the long-standing bottlenecks of supply chain finance, such as fraud risk, information island, difficult credit transmission and high performance risk, Zhongan science and technology will launch the "Zhongan chain" to build a safe and reliable supply chain financial ecosystem with enterprises in the "double chain" mode of block chain and supply chain
at present, the safety chain of many enterprises has been graally implemented in the supply chain scenarios of automobile manufacturing, logistics, construction, e-commerce and medical drugs, covering the online receivables transfer, financing, management and settlement needs of core enterprises and their upstream suppliers< As one of the largest IT solutions and service providers in China, Neusoft Group Co., Ltd., the vice chairman unit, is increasing investment, strengthening strategic deployment in the field of blockchain technology and expanding its business
by using aiguille BCP peak series blockchain technology application platform, the blockchain and the current mode of enterprises are integrated and innovated
it is reported that as a new computer application technology and basic technology, Neusoft group has started tracking and pre judging since the beginning of 2016, strengthened ecological cooperation, combined with the company's main business to achieve more scenario applications, provided more solutions for users, and realized the real implementation of blockchain technology
in the application of blockchain technology, Neusoft group mainly uses application scenarios to drive the selection of technical routes and the establishment of cooperation ecology. In February 2018, Neusoft group developed a blockchain based medical data sharing platform (carevault)
in 2019, Neusoft has developed a licensed drug and equipment traceability management platform for Hainan Bo'ao Lecheng International Medical Tourism pioneer zone
the platform is a set of licensed drug and equipment traceability management platform supported by electronic signature, block chain, Internet of things, GIS and visualization technology, which is built in the international medical tourism pilot zone of Hainan Bo'ao Lecheng. It has the functions of online electronic approval, traceability supervision and adverse reaction monitoring of licensed drugs and medical devices, To provide information support and reasonable and effective supervision means for the whole process traceability supervision business of licensed drugs and equipment
summary:
there is a long way to go for the development of blockchain technology landing scenarios. How to enable the instry to become a standardized technical infrastructure needs long-term exploration and running in.