2018 blockchain is the most promising
from cable TV companies to retail enterprises, all walks of life are trying their best to keep their most precious property: monopoly. The traditional view is: "if you control the entrance and channel, then consumers have little choice."
however, we see that companies like Netflix and Amazon break the old pattern and provide more choices for our lives. Similarly, in the field of digital currency and finance, some of the largest financial institutions are facing serious challenges
it is expected that decentralized business and demand will rise in 2019, which will provide more opportunities for successful blockchain companies. At the same time, but this opportunity also means risk. If, as in 2018, the founders or entrepreneurs of blockchain companies make too many promises, and the projects are suspected of exaggeration, they may lose their reputation and first mover advantage< For decades, the world's largest financial institutions have controlled most of the financial systems of the global economy
however, blockchain companies have begun to gain fair competition opportunities through access to banking services and real-time payment. In 2019, the blockchain instry will enter the field of securities, loans and other derivative financial procts in addition to financial payment. Companies like securitize *, Dharma, dydx, compound finance and the ocean are committed to building decentralized finance
in the past few years, mobile application companies such as rap, gojek and paytm have been expanding their business, with payment, investment, remittance, loan and insurance procts emerging. As many Asian economies move from cash to the digital economy, they are rapidly attracting users of new banks
Asian regulators have provided clearer guidelines for blockchain and digital currency projects because they believe that blockchain is a catalyst for economic growth and may become a sunrise instry in the future
in addition, more than 80% of digital currency trading volume comes from Asia, so digital currency investors are eager to establish reliable infrastructure. If Grab, Gojek and Paytm can benefit from digital money investors, they will begin to support the block chain more, providing awesome experience for payment, loans and other derivatives.
back to the original heart
in the past few years, the digital currency instry has deviated from its original financial vision, which is well illustrated in Nakamoto's bitcoin white paper. Just like the prosperity and depression of the Internet, almost all imaginable real cases, such as the logistics chain of tracking the freshness of flowers, are attracting people's attention with the hot word of blockchain
however, just like the early Internet, real landing cases must match the development stage of technology
Netflix, for example, could not successfully stream TV programs in 2000, when less than 1% of people used broadband. In the past few years, it has become more and more obvious that payment is a real case of massive application of blockchain
in 2019, blockchain companies will develop rapidly in decentralized financial applications (such as loans and insurance procts) based on the smart contract platform
I always find that the best application landing occurs in specific market segments. As long as blockchain companies can focus on procts that solve specific problems, we will see more competitive and innovative blockchain companies
and that's a good thing for the instry as a whole.
At present, there are quite a lot of MSB licenses in the United States. The bigger ones are Huo coin, coin an, and the smaller domestic second and third tier exchanges are all licensed. At present, the licenses are also a trend in the future. They are all moving towards standardization, and there are more than 20 applications for licenses every month
for example: US MSB, Estonia, Australia
Analysis on the expenditure scale and application prospect of China's blockchain instry in 2018 will be close to US $300 million in 2019, so as to solve the short board problem and promote economic development
blockchain technology is expected to be widely used in the economic field
blockchain technology has strong practical significance for cultivating new momentum of economic growth, building an honest society, improving the level of management technology and alleviating the financing difficulties of small and medium-sized enterprises, It is expected to be widely used in the economic field. At present, the application of blockchain technology is still in the early stage of development, facing many challenges. We should actively promote the application of blockchain in many economic and social fields, scenes and environments, create a good environment for instrial development, improve the quality of development, strengthen the research and development of blockchain core technology, professional application demonstration, and strengthen standard manufacturing Personnel training and the construction of public service platform
in 2019, the expenditure scale of China's blockchain market will be close to US $300 million
according to the statistical data of in depth analysis report on business model innovation and investment opportunities of China's blockchain instry published by prospective instry research institute , as of 2017, the expenditure scale of China's blockchain market is only US $83 million. In 2018, the expenditure scale of China's blockchain market will reach US $160 million. It is predicted that the expenditure scale of China's blockchain market will be close to US $300 million in 2019. At this stage, the overall market scale of blockchain is small, because most blockchain projects in the market are in the trial stage, with little investment. On the other hand, many enterprises have realized the potential of blockchain and plan to increase the budget in the future. Affected by this, China's blockchain market will usher in rapid growth. It is estimated that the market expenditure will reach US $1.95 billion by 2023, and the average annual compound growth rate will be 60.51% from 2019 to 2023
Statistics and forecast of China's blockchain market expenditure scale from 2017 to 2023. At present, blockchain technology is not mature in system stability, application security, business model, etc., which can not meet the requirements of "high efficiency and low energy", "decentralization" and "security" at the same time. First, performance. The transaction throughput that can be carried out on the blockchain is not high, and the current block capacity is very small, which leads to network congestion, and it is difficult to meet the needs of high-frequency business. Many projects are also starting to optimize, but there is still a certain distance from the transaction throughput of real scenes such as banks and stock exchanges. Second, consensus mechanism. In terms of energy consumption, consensus algorithms such as workload proof consume a lot of energy and cost, which makes blockchain waste a lot of network computing power and pairing power; In terms of types, there are too few types of blockchain consensus mechanisms at present. In the future diversified business scenarios, more abundant consensus mechanisms are necessary to adapt. Third, security. Privacy protection, harmful information on the chain, smart contract vulnerability, consensus mechanism and private key protection, computing power attack, cryptography algorithm security and other issues make the blockchain face a severe situation of platform security and application security. Fourth, the database problem. Different from traditional databases, blockchain applications require a lot of write operations, hash calculation and verification operations. The database system for blockchain is still a difficult point to break through2. Unclear application scenarios
currently, the blockchain project is still in the exploration stage, and no specific landing scenarios can be found. At present, the more promising fields are finance, sharing economy, Internet of things, public services, etc., but from the perspective of the existing blockchain technology maturity, there are still many problems in the application of blockchain, and there is still a gap from the actual use. First, the immaturity of blockchain technology restricts the implementation of commercial applications. At present, although there are many kinds of blockchain core technologies such as privacy protection algorithm and consensus mechanism, they generally do not have commercial availability. Second, the application mode of blockchain is still in exploration, and the "irreplaceable" advantage of blockchain has not been reflected. Blockchain itself represents a consensus system, so we should build a consensus system in line with the corresponding business scenarios from a higher level, rather than just "business + blockchain". There are many users in China, and the business scenario is complex. Moreover, any commercial proct will involve a very large flow and population. The current blockchain technology can not meet the demand
3, lack of professional talents
blockchain technology is a multi-disciplinary and interdisciplinary technology, which mainly involves operating system, network communication, cryptography, mathematics, finance, proction and so on. However, at present, there are still deficiencies in interdisciplinary and fields in China, and the supply of talents in related fields is seriously insufficient. On the one hand, there is a large gap of R & D technical talents. Blockchain technology research and development mainly focuses on go, JavaScript, C and C + programming languages, and new smart contracts use Haskell, Ocaml, rhoang and other new functional programming languages. In China's talent market, there is a big gap for technical talents with senior R & D experience in relevant languages. On the other hand, there is a lack of bottom design talents. Different from R & D technical talents, blockchain bottom system architecture designers need to master a number of interdisciplinary professional skills, not only to deeply understand the block chain bottom design principle, but also to have the system architecture design experience, but also to master the business logic of specific application scenarios. Although some colleges and universities have launched interdisciplinary ecation and blockchain special skills discipline setting, professional talents are still very scarce
analysis of favorable factors for the development of China's blockchain. In January 2017, the Ministry of instry and information technology issued the development plan of software and information technology service instry (2016-2020), which proposed that the innovation in blockchain and other fields should reach the international advanced level. In August 2017, the State Council issued the guidance on further expanding and upgrading information consumption and continuously releasing the potential of domestic demand, proposing to carry out the pilot application of new technologies such as blockchain and artificial intelligence. In October 2017, the State Council issued the guidance on actively promoting the innovation and application of supply chain, which proposed to study the use of blockchain, artificial intelligence and other emerging technologies to establish a credit evaluation mechanism based on supply chain
in March 2018, the Ministry of instry and information technology (MIIT) issued the key points for standardization of informatization and software service instry in 2018, proposing to promote the establishment of the national informatization and instrialization Integration Management Standardization Technical Committee, and the national blockchain and Distributed Accounting Technology Standardization Committee. In June 2018, the Ministry of instry and information technology issued the instrial Internet development action plan (2018-2020) to encourage the application and research of emerging cutting-edge technologies such as edge computing, deep learning and blockchain in the instrial Internet
since the blockchain was listed in the 13th five year plan for national informatization for the first time in 2016, the national government has paid more and more attention to the blockchain. 24 provinces and cities or regions, including Beijing, Shanghai, Guangdong, Hebei, Jiangsu, Shandong, Guizhou, Gansu and Hainan, have launched dividend policies to carry out the layout of the blockchain instry chain, Actively explore instry applications based on blockchain
At present, China's blockchain technology continues to innovate, and the blockchain instry graally takes shape, and has begun to be applied in supply chain finance, credit reference, proct traceability, right trading, digital identity, electronic evidence and other fields, which is expected to promote China's economic system to achieve technological change, organizational change and efficiency change, To make important contributions to the construction of a modern economic system. With the continuous influx of entrepreneurs and capital, the number of enterprises is increasing rapidly. The application of blockchain will accelerate the landing, boost the high-quality development of traditional instries, accelerate the instrial transformation and upgrading, use blockchain technology to "rece costs" and "improve efficiency" for the real economy, and boost the standardized development of traditional instries. In addition, blockchain technology is becoming a new business form and a new driving force for economic development. Blockchain technology is promoting a new round of business model reform and becoming an important support for building a social system of integrity In the past, the circulation of physical banknotes was difficult to trace, but with the application of blockchain technology, the flow of all digital assets will have a "chain" to check. For example, in the financial field, blockchain is expected to solve the pain points and difficulties in the payment field, rece the complexity of transactions, improve the end-to-end speed of transactions, rece the communication cost in the transaction process, and improve the transparency and non tamperability of transaction records. The cost of reconciliation, clearing and settlement among financial institutions, especially cross-border financial institutions, has always been very high, and there are complex manual processes. The application of blockchain technology can help rece the cost of reconciliation and dispute resolution among financial institutions, and significantly improve the processing speed and efficiency of payment business, It also makes small cross-border payments possible. In addition, the application of blockchain will also extend to many fields, such as health care, ecation, charity, social management and so on. The market prospect is very broad1. The commercial blockchain projects launched by IBM have been applied by some companies all over the world
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3. Blockchain technology is suspected to be used in the digital currency that the central bank plans to issue.
for us dollar, you can tell us about it, December 2nd
Euro 0.75, pound sterling 0.5, Australian dollar 1.27, RMB 7.83, Malaysian dollar 3.59, Indonesia 9165, Singapore dollar 1.54, New Zealand 1.45, Vietnam 16000, Korean won 928, Thai baht 35.8, Philippines 49.5, Japanese yen 115, US $1
not very accurate, just make do with it
of course there are changes, every day is changing