Blockchain banking Alliance

1.

The 2018 global media blockchain summit was held in the financial hall of the Hong Kong Stock Exchange on the 19th. Focusing on the development prospects and instry trends of blockchain, a number of participating media made suggestions on deepening the cooperation of media blockchain and promoting the healthy development of the instry, and jointly announced the establishment of the global media blockchain alliance

According to the introction, the alliance will provide an open access mechanism for media members to integrate resources and build a reliable media blockchain platform. At the meeting, the global media blockchain alliance released the "Hong Kong initiative", advocating the media to disseminate advanced ideas, encourage ecological innovation, and continuously provide high-grade and high-quality information and services in the information dissemination of blockchain

Yu Guoming, executive director of School of Journalism and communication of Beijing Normal University, pointed out at the summit that only through full development of media blockchain can a more sound and good media ecology be formed. Mainstream media should consciously assume social responsibility in the development of media blockchain and become organizers and builders of promoting technological progress and business innovation

Ding Laibin, Secretary General of global media blockchain alliance, said that blockchain technology is expected to bring new social changes and needs to take care of its healthy development. In terms of public opinion supervision in the field of blockchain, the media should give full play to its role, tap instry value, crack down on instry fraud, and make good contributions to the development of blockchain instry

from fenghuang.com

2. In the past two years, blockchain alliances have sprung up. What are their representatives
in the early stage of the development of the blockchain instry, many enterprises and institutions formed a blockchain alliance to share the research results of blockchain technology and seek wider application of blockchain technology
in the past two years, blockchain alliances have emerged. As of July 2017, there are R3 composed of more than 40 international banks, hyperledger initiated by Linux foundation, Zhongguancun blockchain Instry Alliance located in the core hinterland of China's Internet, China ledger alliance jointly initiated by 11 institutions, gold chain alliance jointly established by 25 financial institutions, and so on Russia's blockchain alliance, known as "Russian version R3", seeks to combine with micro finance, Qianhai international blockchain ecosphere alliance led by Shenzhen Qianhai administration, and Lujiazui blockchain Financial Development Alliance in Lujiazui
many organizations and talents join to promote the vigorous development of blockchain.

3. In China, there are two. China blockchain research alliance, Zhongguancun blockchain instry alliance, China distributed general ledger infrastructure agreement alliance, financial blockchain alliance, China Internet Finance Association blockchain research group, blockchain micro finance instry alliance, Qianhai international blockchain alliance, interbank market blockchain technology research group, Lujiazui blockchain financial development alliance, International Wenwan blockchain instry alliance. Currency exchange digital currency exchange

4. Now, Bank of Changsha also cooperates with a public platform of SMIC blockchain, which seems to be a blockchain loan for small and micro enterprises.

5. From the published R & D results, there have been some significant progress in the core basic technology fields of blockchain, such as "consensus algorithm", "encryption algorithm", "smart contract situational test". The feature of complete "decentralization" of blockchain is not applicable in the financial field, and distributed and polycentric is expected to become a realistic choice. Blockchain, known as a disruptive technology, will become the key infrastructure of Internet Finance and even the whole financial instry. At present, capital and institutions at home and abroad are speeding up the layout of blockchain technology. Experts said that the rapid development of blockchain technology is becoming a hot spot for investment. This year, the financing amount of blockchain venture projects has exceeded 1.4 billion US dollars
in recent years, the investment field has been paying more attention to blockchain. Since the beginning of bitcoin, blockchain technology has been explored in many application fields. Nasdaq, New York Stock Exchange, Citibank and other overseas financial institutions are also trying to carry out business innovation of blockchain finance, and the development of blockchain technology is also a major focus in China., For reference only!

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7. In theory, this is a good idea, which can better regulate people to use blockchain technology
from the perspective of blockchain technology development, it can be divided into three stages: the first stage is the application of digital currency such as encrypted currency, transfer, remittance and digital payment system; The second stage is the application of encrypted stocks, bonds, futures, loans, smart assets and smart contracts; The third stage will be applied in government, health, science, culture and art. At present, the application of blockchain technology is only in the process from the first stage to the second stage< At present, blockchain banking business includes: 1. P2P cross-border payment and remittance of point-to-point transactions, trade settlement, and trading of securities, futures and financial derivatives contracts. 2. Registration. Blockchain has a reliable database to record all kinds of information, and has the characteristics of credibility and traceability for the stored anti money laundering customer identity data and transaction records. 3. Right confirmation. For example, the proceres such as the right identification of the transferred items registered in the equity law system can be realized through the blockchain technology. 4. Intelligent management. Because the "smart contract" has the automatic detection validity and meets the program conditions, the contract will automatically process the interest payment and dividend, avoiding the risk of credit default caused by human intervention
R3 in foreign countries is a blockchain alliance, which can be regarded as an institution to formulate unified standards. Ethereum and distributed content publishing platform decent are projects based on blockchain technology.

8. Revolution, revolution is needed, we can't look down on it

9. I have never heard of this organization, let alone its members
R3 company, founded in New York in the second half of last year by fintech r3cev, is one of the leading technology companies adopting blockchain technology, focusing on the research of financial technology solutions based on blockchain. At present, a group composed of more than 40 international banking institutions has been established to build a customized Ethereum based cross-border blockchain solution. The members of R3 alliance include Citibank, Bank of America, Goldman Sachs Group, JPMorgan Chase, UBS group, Morgan Stanley and other financial institutions. It is the largest blockchain alliance so far. R3 alliance plans to explore other areas, including: distributed ledger interoperability, privacy, authentication, scalability, including cooperation with Microsoft to use its azure blockchain as a service to implement blockchain technology among banking partners
of course, in addition to R3, there are many other blockchain organizations or enterprises at home and abroad. In Beijing, Shanghai and other first tier cities. Blockchain projects are even more numerous, especially content sharing platform decent based on blockchain technology and bitcoin related projects.