Jingwei IDG blockchain

1.

blockchain is a new application mode of distributed data storage, which is an important concept of bitcoin. At present, there are 35 stocks associated with the blockchain concept in the A-share market, of which 6 blockchain concept listed companies are traded on the Shanghai Stock Exchange, and 29 blockchain concept listed companies are traded on the Shenzhen Stock Exchange

according to the correlation of blockchain, the leading stocks of blockchain concept stocks are most likely to be born from Xinchen technology, luyitong and Sifang Jingchuang

Xinchen Technology: on September 29, 2016, the company said in the interaction that the company is now doing research and development of blockchain technology

Lu Yitong: the company plans to raise 67.9691 million shares of additional shares of RMB 24.57 per share, and the total amount of supporting funds will not exceed RMB 1.670 billion, which will be used to pay the cash consideration of this transaction, construct the block chain ASIC chip instrialization project, artificial intelligence ASIC chip R & D center, chip proct marketing and service network, etc

Sifang Jingchuang: on May 31, 2016, the inaugural meeting and the first general meeting of the financial blockchain cooperation alliance (Shenzhen) was officially held in Shenzhen Wuzhou Hotel, and the company was one of the members of the meeting

2.

The so-called blockchain technology, also known as the distributed ledger technology, is an Internet database technology, which is characterized by decentralization, openness and transparency, so that everyone can participate in database records

blockchain application:

1. Financial sector: mainly to rece transaction costs and Inter Organizational transaction risks. Blockchain applications in this field will mature as soon as possible, and banks and financial trading institutions will be the main promoters

financial blockchain

since the beginning of human society, financial transaction is an indispensable economic activity. The different roles and contents of transaction reflect different proction relations. Through the transaction, we can optimize the social efficiency and realize the maximization of value. The development of human society is inseparable from the evolution of transaction forms. It can be seen how important transaction is in human society. The essence of transaction is to exchange the ownership of value. Now, in order to complete the transaction (such as the ownership of houses and vehicles), some intermediate links are often needed, especially the role of intermediary guarantee. This is because there is often insufficient trust between the two sides of the transaction, it is not easy to confirm the ownership of value, and often the value of each other can not be directly exchanged. Reasonable intermediary guarantee ensures the normal operation of the transaction and improves the efficiency of economic activities. However, the existing third-party intermediary mechanism often has some shortcomings, such as high cost, long time cycle, complex process and error prone. Because of these, financial services have become one of the hottest application areas of blockchain. Blockchain technology can provide effective and reliable ownership proof and strong intermediary guarantee mechanism for financial services. Financial services include currency, securities, insurance, donation and so on

Credit reference and ownership management: This is the dream of large social platforms and insurance companies, but there is still a lack of sufficient data sources, reliable platform support and effective data analysis and management. The threshold of entrepreneurship in this field is very high, which needs top-down promotion. Because anything that needs to deal with the government has never been very good and will be carried out immediately

credit reference management is a huge potential market, which is said to exceed 100 billion scale (Ping An Securities report, Wells Fargo report), and it is also one of the most promising directions of big data application. At present, a large number of effective data related to credit investigation are mainly concentrated in the hands of a few institutions. Because these data are too sensitive, and are the lifeblood of business, they are often closely protected, thus forming a high threshold of the instry. Although a large number of Internet enterprises (the most successful one should be Facebook) have tried to obtain massive user information from various dimensions, there are still some problems in these data from the perspective of credit reference

• Insufficient data: the larger the amount of data, the higher the value can be obtained, and there is a lower limit for the effective value generated by data. The amount of data below the lower limit can not proce effective value

• Poor relevance: the most core data is often the most sensitive. In today's highly sensitive privacy era, users do not want to expose too much data to third parties, so there are few effective components in the data obtained by enterprises

• Lack of timeliness: the user data that enterprises can obtain from the public is often outdated, and even has false information, which seriously interferes with the credibility of relevant analysis

and blockchain has the characteristics of natural tampering and non repudiation. At the same time, blockchain may provide unprecedented scale highly relevant data, which can be accurately located in time and space and strictly associated with users. Therefore, providing data based on blockchain for credit management will greatly improve the accuracy of credit evaluation and rece the cost of evaluation. In addition, unlike the traditional manual audit, blockchain technology relies entirely on mathematical results, and the credit mechanism based on blockchain will naturally be stable and neutral. IDG, Tencent, Ernst & young, and PwC have all invested in or entered the field of credit information management based on blockchain, especially the application scenarios related to insurance and mutual aid economy

Resource sharing: companies represented by airbnb will welcome this kind of application, which will greatly rece the management cost. The threshold of entrepreneurship in this field is low, the theme is concentrated, and it will be popular with investment

in the era of big data, value comes from data mining. The more data dimensions, the larger the volume, the higher the potential value. For a long time, the headache is how to evaluate the value of data, how to use data for exchange and transaction, and how to avoid valuable data leaking out without permission. Blockchain technology provides the potential to solve these problems. By using the unified ledger composed of blockchain, the flow of data among multiple parties will be tracked and managed in real time, and the management cost of data sharing process can be effectively reced through the control of access rights

4. Investment management: both public and private funds can apply blockchain technology to rece management costs and control risks. Although there is a trial like Dao, we are cautious that the demand in this field is not mature. However, Xiaoyao has found that China's major start-ups have begun to test the water in this field, hoping for a major breakthrough

in international trade activities, buyers and sellers may not trust each other. Therefore, the two banks need to act as the guarantors of the buyer and the seller, to collect and deliver documents on behalf of the buyer, and to replace commercial credit with bank credit. Blockchain can provide a common account book for L / C transaction participants, allowing banks and other participants to have confirmed common transaction records and perform accordingly, thus recing risks and costs. With Dao (decentralized autonomous organization) as the representative of crowdfunding management, Dao has set the highest financing record in history, more than 160 million US dollars

5. Internet of things and supply chain: Internet of things is a very suitable field, and there will be a large number of applications in the short term, especially in specific scenarios such as leasing and logistics. However, the development limitations of the Internet of things will lead to the difficulty of large-scale application in the short term

the supply chain instry often involves many entities, including logistics, capital flow, information flow, etc. there are a lot of complex cooperation and communication between these entities. Under the traditional mode, different entities keep their own supply chain information, which is seriously lack of transparency, resulting in higher time cost and money cost, and it is difficult to trace and deal with problems (false claim, counterfeit goods, etc.). Through the blockchain, all parties can obtain a transparent and reliable unified information platform, which can view the status in real time, rece the logistics cost, and trace the whole process of proction and transportation of goods, so as to improve the efficiency of supply chain management. When disputes arise, the proof and tracing become clearer and easier. This field is considered as a promising application direction of blockchain. IBM has continuously invested in the research and development of the Internet of things for decades, and is currently exploring the use of blockchain technology to rece the cost of Internet of things applications

blockchain is applied only after it has technology, such as Huixin cloud platform: only when it has platform can proct managers enter the platform for development, so technology and application should progress together

the application of blockchain technology is different in the field of instry, and the functions and effects are also different. Let's take the field of credit system for example. Because the leakage of personal information will cause great harm to the informants, which makes them suffer from conservative harassment. What's more terrible is personal information leakage, which is usually accompanied by tens of thousands of personal information being stolen, illegally sold, and even using the formal data trading institutions to steal data

with the rise of blockchain technology, the encryption of blockchain technology can provide solutions for the protection of personal information. Blockchain technology can store personal information in a distributed way to avoid the security risks faced by a single server

and as one of the most ice breakers of blockchain technology research, jinwowo network technology has concted in-depth research and Application on blockchain technology. Jinwowo's big data service based on blockchain can eliminate illegal data reselling and reestablish data circulation rules from four aspects of data storage, data analysis, data tracking and data security

3.

In the past week, blockchain concept stocks have set off a wave of speculation in the A-share market. Indivial stocks have been trading continuously. Dozens of listed companies have issued announcements one after another. Some have clarified the relevant business, while others have "rubbed" the blockchain concept intentionally or unintentionally

In addition, dozens of companies, including Aikang technology, Donggang Co., Ltd., Shenzhou Taiyue, Hailian Jinhui, Bosi software, have also issued announcements. Wind statistics show that since the beginning of this year, the wind blockchain concept index has increased by more than 15.89%. In the overseas market, stocks involving the concept of blockchain soared overnight. On January 4, china.com.cn announced that it would carry out the application of blockchain technology. The stock surged 698% overnight. Taking 2018 as the interval, the cumulative rise of the stock has reached 340.37% in just nine trading days

it is learned that although the instry generally recognizes the potential of blockchain technology, many A-share listed companies are still at a relatively preliminary level. As for the market's speculation on the concept of blockchain, in the past week, the Shanghai Stock Exchange has successively sent inquiry letters to Shangying global and youjiu game, requiring them to disclose the research progress, commercial application scenarios and profit models of blockchain technology, and fully remind investors of the risks in combination with the current market-oriented and commercial maturity of blockchain technology

4.

Blockchain has become a hot outlet. Although only focusing on the outlet will often lose a piece of forest, any change of the outlet will give birth to new dividends. At this time, the word "change" spread rapidly: investment institutions, hedge funds, listed companies, academia, top technicians and ordinary job seekers were all involved. A large number of newly established investment institutions swarmed into this magnificent investment feast, and the competition for talents has become a key to the current layout of blockchain. So, who will lose and who will win in this game

capital running: it's not surprising that tens of millions of yuan of financing has entered the blockchain market

how fast is the speed of capital running into the blockchain market

"the most popular programming languages for blockchain development are C + + and go, and talents proficient in cryptography and distributed computing also have inherent advantages for blockchain development." Ding Song said, "I haven't studied blockchain, but I have studied it for a long time." For the new blockchain training institution, Ding song disclosed that the salary offered by the company is also very "special": in addition to a small fixed salary, the company takes 0.1 to 0.35 bitcoins as a floating bonus every month. Recruitment, "fried currency" has become a bonus

"take bitcoin as a salary. To put it bluntly, even salary is full of uncertainty, just like this instry. I think I'm young enough to gamble, but I can't see the future clearly. " In Ding Song's opinion, a hot new thing will naturally be mixed with irrational bubbles, but what will eventually remain is something of real value. But what's the chance of winning if you blindly invest

5.

Recently, two blockchain investment funds have surfaced, and there is no lack of "money circle" behind them. Among them, distributed capital announced that it has officially incubated the digital asset investment fund bkfund, a digital asset fund management company registered in the Caymans. The investors of the first phase growth fund include Shen Bo, a distributed management partner, and many senior people in the instry. In terms of investment philosophy, bkfund is a global high-quality blockchain asset

According to the statistics of

it orange, among the 46 newly established venture capital (VC) institutions in 2017, 9 of them focused on blockchain, accounting for nearly 20%. Among the "traditional" VC institutions, Zhenge fund, IDG and Sequoia Capital have long been the pioneers of blockchain investment

6. Blockchain is one of the most challenging innovations in the field of fintech, because blockchain fundamentally subverts the inherent logic, operation mode and business scope of traditional finance, breaks through the limitations of numerous conventional rules and regulations, and steps into a series of new application fields that cannot be involved before
as a disruptive technology, blockchain will reconstruct the key infrastructure of Internet Finance and even the whole financial instry, and its value in the financial field is waiting for people to discover. Specific applications are as follows:
first, the application of banking instry
wallet and payment are the first fields of blockchain technology, but this is also the traditional business scope of banking instry. What changes can blockchain technology bring
cross border payment application case:
circle, founded in October 2013, aims to make bitcoin "simple and easy to operate, similar to Gmail (Google Mail), Skype (Microsoft's Internet phone) and other customer service tools", and quickly obtain a large amount of financing. In mid-2014, it obtained an investment of US $27 million, becoming one of the most well funded companies in the field of digital cryptocurrency
in 2015, Goldman Sachs and IDG Capital Partners led the investment and raised $50 million for circle. In June 2016, circle won US $60 million of investment led by Chinese investors, and announced that it has established an independent company circle China in China and set up a local team to reach strategic cooperation with network and Everbright
circle can provide instant and free fund transfer worldwide by using bitcoin blockchain transaction. Circle hopes to use bitcoin as a free internet payment network, so that the legal tender of each country can flow smoothly around the world without hindrance. By working with overseas companies such as IDG, circle can provide financial services to users of national legal tender
although the regulatory structure of payment systems in various countries is complex, the cooperation between these countries has made progress. In April 2016, circle obtained the first e-money license issued by the financial conct authority (FCA), which aroused widespread concern in the instry. Later, circle announced that it had established a partnership with the Bank of Barclays to enter the UK market. Since then, British consumers can enjoy services such as fast transfer payment and buying and selling bitcoin, just like American consumers
in order to make it easier for users to use, circle cooperates with apple. In IOS 10 system, Apple's IMessage supports users to use circle's bitcoin payment system. Jeremy Allaire, chief executive officer of circle, said:
"if IMessage allows access to payment service, consumers will benefit from it. It is difficult to install an app alone for payment, and the transfer payment behavior between friends has to go through a complicated setting process, but it is much simpler to directly access to IMessage service."
on September 13, 2016, circle announced that users can pay anyone in the world through IMessage
advantages of blockchain in cross-border payment: low cost, real-time transaction and high security
intelligent bill application case:
the bill of complex us blockchain bill project and blockchain technology can be well combined. After adopting the decentralized distributed ledger of blockchain, the existing system storage and transmission structure has been changed, a more secure operation mode has been established, and the problem of forged bills has been solved
the time stamp reflects the whole process of bill from its birth to its demise, which has the characteristics of traceable history, so that this mode has a new continuous endorsement mechanism, and truly reflects the transfer process of bill rights
the domestic Hangzhou complex us blockchain Research Center has also initially developed an open source project of blockchain lending bill exchange based on Ethereum, which integrates the concept of using blockchain technology in many subdivided fields such as finance, catering, enterprise management, express tracking, etc. The open source project of complex us blockchain online lending bill exchange is shown in the figure. The online lending exchange applying blockchain technology can complete 150000 transactions per second without handling charge
the bill business based on blockchain has four advantages:
from the perspective of moral hazard, the phenomenon of "selling more than one ticket" in paper tickets and the phenomenon of asynchronous payment and endorsement in e-bills occur from time to time. However, e to the characteristics of time stamp that can not be tampered with and the whole network is open, there will be no default once the paper tickets or e-tickets are traded
from the perspective of operational risk, as the e-bill system is centralized, once the central server fails, it will have disastrous consequences for the whole market. At the same time, the access of enterprise online banking will transfer the risk to the bank's own network security, and the whole risk chain will be longer and longer. With the help of the distributed high error tolerance and asymmetric encryption algorithm in the blockchain, the risk of human operation will be almost zero
from the perspective of credit risk, with the help of blockchain data, we can collect and evaluate the credit of all participants, and control them in real time
from the perspective of market risk, a large number of asset mismatches in the intermediary market not only lead to their own losses, but also bind the interests of banks. With the programmability of blockchain, it can not only effectively control the balance between the asset side and the liability side of participants, but also promote the authenticity of the reaction of the transaction price of the whole market to the capital demand with the help of the characteristics of data transparency, And then form a more real price index, which is concive to control market risk
bank settlement - Application Case: visa
bank settlement refers to the collection and payment behavior realized through the fund transfer of bank account, that is, the bank accepts the client's entrustment to collect and pay on behalf of the client, transfers the money from the deposit account of the payer to the deposit account of the payee, so as to complete the settlement of creditor's rights and liabilities or the allocation of funds between the clients. In this process, the bank is not only the medium of commodity exchange, but also the intermediary of clearing funds in social and economic activities
unlike domestic banks, which mainly rely on the difference between deposit and loan, half of the profits of multinational banks come from the intermediate settlement business. For them, if they open up new business areas and reasonably rece the settlement cost, it is directly related to their fundamental interests
visa is the largest credit card company in the world. There is no doubt that the rise of digital cryptocurrency will inevitably impact its credit card payment business. However, visa does not always conflict with e-money and blockchain, but takes an open attitude
in October 2015, visa and DocuSign jointly launched a "proof of concept" project, which uses bitcoin blockchain to record and keep car rental data. The project combines DocuSign's digital transaction management (DTM) platform and electronic signature solution with visa's secure payment technology. Consumers can configure rental, insurance and other daily purchase items in the car, such as parking fees and tolls, and users can pay directly with visa card
peripheral applications do not satisfy visa. In the same year, visa cooperated with coinbase to launch the first bitcoin debit card that can be used in the United States. On November 30, at the unbound conference held in London, visa European innovation laboratory showed another "proof of concept" remittance application, through which people can remit money on the bitcoin blockchain
in September 2016, visa launched interbit, an interbank settlement and payment system based on blockchain technology, in cooperation with BTL group, a digital payment start-up company, to assess whether blockchain technology can rece the cost, settlement time and credit risk of interbank international transfer
a series of major actions in the past two years show that visa has begun to realize the value of blockchain technology and is making efforts to make blockchain technology a powerful tool to expand its sphere of influence
advantages of blockchain in bank settlement: security, convenience and intelligence
in addition to using blockchain technology to transform the existing businesses, banks around the world have launched their own cryptocurrency plans to rece their operating costs
the advantage of blockchain in bank digital cryptocurrency: cost rection< Second, securities investment market application
Securities Trading - Application Case: LINQ
securities trading market is an important application field of blockchain. The application of blockchain technology can not only speed up the speed of clearing and settlement, but also rece the number of books that financial institutions need to maintain to ensure more accurate audit tracking
NASDAQ is the first person to eat crabs in the stock market. In the second half of 2015, it launched the trading platform LINQ, which is based on bitcoin trading technology and is used for trading companies in the primary market. As shown in the figure below, LINQ has the ability to record the equity transactions of enterprises before IPO, track the equity transactions of enterprises, information of shareholders and investors, etc., which is of great value to the asset analysis of private equity market
Fredrik Voss, head of NASDAQ blockchain strategy, is convinced that the high efficiency provided by blockchain technology will greatly enhance LINQ's advantages as a private equity trading platform. So far, no technology can really keep people away from paper work, and blockchain technology will make it a big step forward. Compared with manual processing, it will greatly rece the possibility of errors
advantages of blockchain in Securities Trading: speed up settlement, simplify accounts, and facilitate follow-up audit
equity crowdfunding - Application Case: ant
all along, capital is a gap in front of creative ideas and entrepreneurship, and it is this gap that spawned the world's first crowdfunding platform KickStarter. The operation mode of KickStarter is a typical business model of the platform. On the one hand, the users of the platform are those who are eager to create and create, on the other hand, those who have part of the funds and are willing to provide financial support for new ideas. The common wish of both sides is that the new ideas can be realized and can be promoted continuously
the crowdfunding platform based on blockchain technology can raise funds by creating its own digital cryptocurrency or digital assets, and distribute its own "digital equity" to early supporters, which is the certificate for investors to obtain shares in support of start-ups
blockchain crowdfunding platform usually consists of three layers:
the bottom layer is blockchain network, which constructs a decentralized distributed platform
the middle layer is the combination of business logic and blockchain to jointly establish account center, equity registration, equity voucher, equity trading, equity management and other functions
the top tier provides services for customers of various crowdfunding platforms
in China, Xiaoyi is the first company to use blockchain technology to register its equity. Although this is an innovation, it is not easy to achieve the legal compliance and docking with the real world in the underlying logic and various details. After in-depth study and analysis of the current legal environment in China, termite has the potential to become a practical blockchain application
termite is a blockchain protocol based on blockchain technology, which registers, issues, manages and trades various equity shares through point-to-point network. At the beginning, it will be

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p l e a s e d o n o t t a k e m y s u n s h i n e a w a y

please do not take my sunshine away

意思是：请不要带走我的阳光……

8.

I think that Ma Yun has proced so many software, which is definitely not his own research results. he will definitely have a team, so Ma Yun's first name is Ma Yun's family

since 1999, Hurun Baifu report has been released 21 times in a row the list has been worth 2 billion yuan for seven consecutive years. The deadline for calculating the wealth of entrepreneurs on the list is August 15 this year. Why is Ma Yun called ma Yun family? Because Ma Yun's wife and son are the beneficiaries of Ma Yun's wealth, they refer to Ma Yun's family