Grasp the blockchain policy
Five aspects of blockchain instry growth potential promote the healthy development of Technology Virtual reality and other technologies are another emerging technology that will have a significant impact on the future, which is expected to promote human beings from the era of information internet to the era of value Internet
some countries and regions in the United States, Japan and the European Union have promoted the development of blockchain as an important national development strategy, and vigorously promoted the development and application of blockchain technology. China also attaches great importance to the technological innovation and instrial development of blockchain. With the joint participation of it and other enterprises, a large number of new enterprises, new procts, new models and new applications have emerged. The application of blockchain in the fields of finance, government affairs, energy, medical and other instries has graally expanded, and is becoming an important force to drive the technological proct innovation and instrial transformation of various instries
the development of blockchain can be divided into three stages, namely, blockchain 1.0, represented by bitcoin and related financial infrastructure applications, and blockchain 2.0, represented by smart contract. At present, it is graally moving towards blockchain 3.0, which is based on blockchain technology and more complex in-depth application of smart contract
statistical analysis of blockchain investment and financing in the first half of the year. According to the statistical data of in depth analysis report on business model innovation and investment opportunities of blockchain instry published by foresight Instry Research Institute, in the first half of 2018, the amount of financing in the blockchain field was about 10.7 billion, with a year-on-year growth rate of 1426% compared with the same period in 2017; The number of investment and financing events in the field of blockchain has reached 205, and it is expected that the investment in the field of blockchain will usher in another peak this year
according to the distribution of investment and financing rounds in China's blockchain field, the proportion of investment rounds in the start-up period (before round b) is more than 95%, with the joint investment of many instry pioneers, and most enterprises are still running around
statistics and growth of blockchain investment and financing in the first half of 2014-2018
data source: China attaches great importance to the development and application of blockchain technology. Driven by multiple forces such as policy, technology and market, the pace of blockchain innovation has been accelerating. It has been deeply integrated with cloud computing, big data, Internet of things and other technologies. The scope of exploration and application has also expanded from digital assets to supply chain management, intelligent manufacturing, instrial Internet, social welfare, right protection and other fields
five aspects to promote the healthy development of blockchain technology, promote the high-quality development of digital economy
1, in-depth study and grasp the development trend of blockchain technology and instry. Pay close attention to the international development frontier, jointly promote the research of blockchain related technology and instry, promote the standardization of blockchain development instry behavior, and create a good development environment
2. Strengthen the construction of core technology capacity of blockchain
establish and improve the collaborative promotion mechanism among backbone enterprises, universities and research institutions, guide it enterprises to strengthen technical reserves, accelerate the breakthrough of key core technologies, and improve the performance, efficiency and security of blockchain
3. Support entrepreneurship and innovation in the field of blockchain
encourage cross-border integration between blockchain enterprises and user units, guide instry organizations to establish public service platforms, support third-party organizations to carry out evaluation and detection of blockchain services, promote rich instrial applications of blockchain, and serve the transformation and upgrading of the real economy
4. Actively build and improve the blockchain standard system
accelerate the development and application of key standards, and graally build a perfect standard system. Actively connect with ITU, ISO and other international standards organizations, substantially participate in more international standardization work, and actively contribute more "Chinese power"
5. Accelerate the improvement of the policy environment for blockchain development
support qualified enterprises to carry out application innovation and mode innovation, and guide and encourage enterprises, universities and scientific research institutes to jointly cultivate professional talents needed for blockchain development. Support eligible blockchain enterprises to enjoy the preferential tax policies of the state to support the development of software instry and small and medium-sized enterprises
the instrial scale is small, but the growth potential is huge
the blockchain economy is on the eve of the outbreak period. The financial instry is relatively widely used, and the application of other instries has also entered the stage of exploration and development. It is estimated that from 2017 to 2022, the direct market value of blockchain will increase from US $410 million to US $7.68 billion, with a compound annual growth rate of 79.6%. It is estimated that all kinds of extended business based on blockchain will reach US $100 billion in 2020
instry application areas continue to expand
the financial instry takes the lead in the application of blockchain technology, and many financial applications have been implemented; Medical instry is an important area of blockchain application, which can better protect privacy, improve service quality and management efficiency; The demand of social authentication for blockchain is rising rapidly to solve the proof problem caused by information asymmetry; The application of blockchain technology in communication, supply chain and other fields is expanding rapidly
Blockchain instry presents rapid development, helping the real economy to rece costs and improve efficiency
at present, a new round of scientific and technological revolution and instrial change sweeping the world, big data, cloud computing, Internet of things, artificial intelligence, blockchain and other new technologies continue to emerge, and the digital economy is profoundly changing the way of human proction and life, becoming a new driving force of economic growth. As a disruptive technology, blockchain is leading a new round of technological and instrial changes in the world, and is expected to become
the "source" of global technological innovation and mode innovation, and promote the change from "information internet" to "value Internet"
in China's 13th five year plan for national informatization, blockchain is regarded as a key cutting-edge technology, and it is clearly proposed to strengthen the innovation, experiment and application of new technologies such as blockchain,
in order to seize the leading power of the new generation of information technology. At present, China's blockchain technology continues to innovate, and the blockchain instry has initially taken shape. It has begun to be rapidly applied in supply chain finance, credit reference, proct traceability, right trading, digital identity, electronic evidence and other fields. It is expected to promote China's economic system to achieve technological change, organizational change and efficiency change, and make an important contribution to the construction of a modern economic system
as of June 2018, China's blockchain related business has initially formed a scale under the promotion of the government, enterprises and capital, and is in the forefront of the world in terms of the number of patents, financing environment, policy support and application landing
the instry is developing rapidly, and the number of enterprises is increasing rapidly.
according to the statistical data of in depth analysis report on business model innovation and investment opportunities of blockchain instry published by prospective instry research institute, there were 406 patent applications related to blockchain in the world in 2017, of which 225 were from China. As of the end of March 2018, the number of blockchain based companies in China has reached 456. The blockchain instry has initially formed a scale. From the upstream hardware manufacturing, platform services, security services to the downstream instrial technology application services, instry investment, media publicity, talent services and other instrial chain links are basically complete
from the change of the number of newly established companies in China's blockchain instry, the number of Companies in this field began to increase in 2014, and the number of newly established companies increased significantly in 2016, more than 100, more than three times of 2015. 2017 is the peak period of blockchain entrepreneurship in recent years. Due to the rapid popularization of blockchain concept and the graal maturity of technology, many entrepreneurs swarmed into this field, and the number of newly established companies reached 178
from equipment manufacturing to instrial application, the context of the blockchain instry chain is graally clear.
from the distribution of newly established companies in the blockchain instry segmentation field, as of the end of March 2018, the number of instrial application companies in the blockchain field is the largest, including 86 companies providing application services for the financial instry and 109 companies providing application services for the real economy. In addition, there are more than 40 related companies in blockchain solutions, underlying platforms, blockchain media and communities
from the perspective of the distribution of investment events in the blockchain instry segments, companies related to instrial application services have the largest number of investment events, with a total of 113. It can be seen that investors are paying more and more attention to projects with specific application scenarios that can be actually implemented. The number of events in the field of underlying platform is 42, and the number of events in the field of blockchain media and community is 28. The field of blockchain is attracting more and more entrepreneurs and capital, becoming a new highland for innovation and entrepreneurship. With the development of blockchain technology and the acceleration of application, the instrial scale will continue to increase, and this field is expected to become a new economic growth point in the future
the influx of Internet giants has rapidly promoted the development of China's blockchain instry
blockchain technology is not only favored by start-ups, but also widely concerned by internet giants. Internet giants have expanded their blockchain business and rapidly promoted the development of China's
blockchain instry. At present, Tencent, Alibaba, Internet, Jingdong and other Internet instry giants have joined in the research and scenario application of blockchain technology
the regional distribution is relatively concentrated, and the instrial agglomeration effect is obvious.
from the perspective of the regional distribution of China's blockchain companies, Beijing, Shanghai, Guangdong and Zhejiang are still the concentration places of blockchain entrepreneurship, accounting for more than 80% of the total. Among them, Beijing is in the absolute leading position with 175 companies, accounting for 38%; Shanghai ranked second with 95 companies, accounting for 21%; Guangdong Province ranked third with 71 companies, accounting for 16%; Zhejiang Province ranked fourth with 36 companies, accounting for 8%. In addition, Jiangsu, Sichuan, Fujian, Hubei, Chongqing and Guizhou are among the top ten provinces in China's blockchain entrepreneurial activity
the application of blockchain is diversified, extending from finance to the field of entity
blockchain technology has the characteristics of distributed, tamper proof, high transparency and traceability, which is very suitable for the business needs of the whole financial system. Therefore, it has been applied in payment and clearing, credit financing, financial transactions, securities, insurance, leasing and other sub fields. For example, Minsheng Bank and China CITIC Bank jointly launched the first domestic L / C blockchain application, and Ping An of China's two major application scenarios of asset trading and credit reference have been online. China Merchants Bank has landed the first domestic blockchain cross-border payment application, and Weizhong bank has shortened the reconciliation time from t + 1 day to t + 0 day through the inter agency reconciliation platform based on blockchain, realizing daily quasi real-time reconciliation
with the graal maturity of blockchain technology innovation and development, the actual effect of instrial application has become more and more obvious
now, the application of blockchain has extended from the financial field to the physical field, including electronic information deposit, right management and trading, proct traceability, digital asset trading, Internet of things, intelligent manufacturing, supply chain management and other fields. Blockchain technology began to be deeply integrated with the real economy instry, forming a number of "instrial blockchain" projects, ushering in the era of "a hundred flowers bloom" of instrial blockchain
to realize "informatization of cooperation links" and help the real economy rece costs and improve efficiency, Specifically, we can promote the development of traditional instries from two aspects of "cost rection" and "efficiency improvement"
in addition to low cost and high efficiency, blockchain can also realize "trust transfer" or "trust spillover". Based on blockchain technology, since the information on the chain can not be tampered with, after the two parties jointly verify a transaction, the third party can also trust the information, In fact, this kind of trusted state can be transmitted to a third party, and then realize the capitalization of data. In addition, it is very easy for institutions to turn from the "black box" state to the "white box" state, that is, the operational mechanism of institutions is transparent, which makes it very easy to prove their innocence and greatly reces the cost of mutual trust between multi-agent
Further, blockchain will play the role of "improving the efficiency of instrial chain coordination". To improve the level of instrial collaboration is an important way to promote made in China to move towards the middle and high end, and also an important requirement for building a modern economic system. However, in many instries, the efficiency of instrial chain collaboration is still not high, especially in the field of international tradetechnology abuse leads to certain risks in instrial development, which can not be ignored
although the positive value of blockchain technology graally appears, there are still a series of risks that can not be ignored in the process of instrial development. On the one hand, it is compliance risk. In the early stage of the development of blockchain, because it has the property of transmitting value, it has attracted some behaviors that are not focused on technology application, but are keen on illegal fund-raising, pyramid selling and even fraud through ICO (initial token issue)
the instrial policy system has been graally constructed, and the instrial development environment has been continuously optimized. In December 2016, the notice of the State Council on printing and distributing the 13th five year plan for national informatization first mentioned blockchain, and took it together with quantum communication, artificial intelligence, virtual reality, big data cognitive analysis, driverless vehicles and other technologies as key cutting-edge technologies, clearly proposed the need to strengthen the innovation, testing and application of blockchain and other new technologies, In order to seize the leading power of the new generation of information technology. Secondly, relevant instry, national and international standards are also speeding up to solve the key technical standards of blockchain and promote the ecological development of blockchain instry. In order to grasp the development opportunity of blockchain instry and seize the commanding point of blockchain instry development, local governments timely issued blockchain technology and instrial development support policies, which ushered in a new outbreak of blockchain instry
at present, local governments are actively positioning blockchain technology from the perspective of instry and seizing the new opportunities brought by technology upgrading. For example, in March 2018, the Hebei provincial government issued the guiding opinions on accelerating instrial transformation and upgrading and building a modern instrial system, proposing to actively cultivate and develop future instries such as blockchain and build a world-class high-tech instrial cluster
According to the overall plan of the 19th National Congress of the Communist Party of China, preventing and defusing major risks is one of the priorities of China's economic work in the next three years, and the key to preventing and defusing major risks is to prevent and control financial risks. Therefore, China also actively strengthens instry supervision, prevents possible financial risks in the process of blockchain development, maintains the stability and security of national finance, and promotes the healthy development of blockchain instry, so as to better play the positive role of blockchain "value Internet"blockchain is a cutting-edge technology, and the new regulatory challenges caused by technology also require the continuous progress of regulatory technology. "Reg tech" (regulatory Technology) in the financial technology segment. It is to use new technologies such as big data, artificial intelligence and blockchain to solve regulatory compliance problems and rece compliance costs. Blockchain filing platform and blockchain based regulatory system all belong to the field of reg tech. There have been companies engaged in regulatory technology in China, which mainly provide regulatory technology solutions for the government, major banks and other financial regulatory agencies. Jinqiu technology, zhongxiangbit and other companies have launched a supervision system based on blockchain
bus line: Metro Line 2, the whole journey is about 3.4 km
1. Walk about 10 meters from Beijing station to Beijing station
2. Take Metro Line 2, pass through 2 stations to Qianmen station
3. Walk about 720 meters to the National Museum of China
Abstract: developed countries and technology companies have been ahead in the research and application of blockchain technology. From the perspective of patent application, there may be a gap of about one and a half years between China and the United States in terms of blockchain technology. Based on the above situation, how can China achieve "asymmetric" catch-up? First of all, we should see the situation clearly, seize the opportunity and meet the challenge. Secondly, after understanding the necessity of building the bottom layer of the blockchain for the existing business and future development of the financial instry, a consensus of "China's financial blockchain alliance" was reached among financial enterprises. Finally, we should work together to meet the change
how to understand blockchain
bitcoin: a peer-to-peer e-cash system. In 2009, after the paper was published, bitcoin was born as a virtual currency in the digital world of the Internet. At present, bitcoin's total market value is about US $6.5 billion. Although its market value is constantly changing, it is still the largest virtual currency in the world
another important concept is blockchain. Blockchain is an underlying technology of bitcoin, and bitcoin is only an application of blockchain. As we all know, bitcoin can achieve point-to-point value transmission. In addition to bitcoin blockchain, there are many other blockchains, such as Ethereum blockchain. Therefore, we should distinguish the concepts of bitcoin, bitcoin blockchain, blockchain and blockchain technology
at present, there are several misunderstandings about blockchain. Blockchain can be described in English as "decentralized blockchain", in which decentralized is translated as "decentralized". However, I think that the blockchain has realized the value dissemination without intermediary, that is, the point-to-point value dissemination. This does not mean that after entering the era of blockchain, there is no need for the center, but it should develop from a single centralization to the parallel between centers. Then, the existing center is likely to become a sub center or weak center. At present, all banks have their own data centers. If the financial blockchain alliance is established in the future, they can become the nodes in the blockchain alliance, so the blockchain does not need a center<
blockchain does not need credit
we often see some articles that think that blockchain is to "de credit". In fact, blockchain is to build trust through consensus algorithm and ensure the correctness of transactions through consensus among nodes. Build trust with low cost through mathematics and algorithm, rather than "de credit". However, the digital asset transaction between people does not need two people to know each other, or trust each other, and does not need a third-party credit institution. It only needs everyone to trust the trusted network of blockchain
why is it credible? Because it is a distributed database, there is a set of consensus based mechanism: a set of encryption algorithm, making it tamperable. On the one hand, the public key makes the information transparent and traceable; On the other hand, private key can protect privacy
blockchain is not a mature technology, nor is it omnipotent. At present, blockchain technology is still in the early stage of development. At the beginning of this year, we sent a delegation to study in the blockchain Research Laboratory of Barclays in South Africa. At the seminar, experts on the African blockchain of Barclays believed that it would take at least five to ten years for the blockchain technology to become a truly mature technology. At present, blockchain has the disadvantages of relatively slow computing speed and small storage space, and not all data processing needs to use blockchain
the research and application of blockchain in foreign countries
we find that the old financial developed countries have been ahead in the research of blockchain technology. The British government believes that it is very important for the government to participate in the legislation of digital currency and blockchain network, and encourages in-depth research on blockchain technology. The UK government is actively evaluating the potential of blockchain technology and considering using it to rece financial fraud and cost. In addition, the UK government plans to develop applications that can be used between the government and public institutions
in February this year, the European Commission put crypto digital currency at the top of the fast development target area, which promoted the policy research of various institutions on digital currency. Technology companies are also ahead in the research of blockchain technology
IBM launched the "open ledger project" to develop enterprise level blockchain software structure, promote the commercial use of blockchain technology, and support the docking of external data through the bluemix and API infrastructure of IBM cloud computing platform. IBM still has a lot of practice in blockchain technology. Recently, it and a South Korean company have made creative experiments using blockchain technology and Internet of things, and achieved some results
Microsoft uses Azure Platform to provide users with "blockchain as a service", which enables R3 and its bank members to speed up the process of experiment and learning, and accelerate the development, testing and deployment of distributed accounts
Intel also released sawtoothlake, an efficient molar platform for building, deploying and running distributed ledger; At the same time, Intel also studies to create a trusted execution environment for hardware chips of blockchain applications, providing higher security and privacy< At the same time, Wall Street is taking positive actions. Although it was established relatively late, the core function of R3 is to formulate instry standards for the development of banking blockchain technology, explore practical uses, and establish banking blockchain alliance
from what we know, in addition to these two new companies catering to the arrival of digital finance era, large financial institutions are studying blockchain technology and building their own blockchain concept and technical team
at present, there are practical application cases of blockchain technology
in Canada, blockchain start-up blockchain Tech Ltd has been listed on the growth enterprise market of Toronto Stock Exchange; The Estonian government will launch the government's blockchain healthcare record
domestic attention and Research on blockchain technology
blockchain is an optional technology. Prior to that, the people's Bank of China also held a seminar on digital currency. In addition to the central bank, Zhejiang Province, Beijing and other relevant departments also expressed their support for blockchain application research last year
from the perspective of enterprises, Bubi blockchain has been applied to equity, supply chain, points and other fields, and is concting experiments and application tests with exchanges and banks. Bubi blockchain focuses on the innovation of blockchain technology and procts, has a number of core technologies, and has developed its own blockchain service platform. Moreover, many blockchain innovation and entrepreneurship enterprises continue to emerge
in addition, a number of instry alliances are being established. In terms of financial institutions, the cases of blockchain application by large banks and financial institutions in China still need to be solved
by the end of 2015, Bank of America had obtained 15 patents on blockchain. There may be a gap of about a year and a half between China and the United States in blockchain technology
the application of blockchain finance is entering a new stage in an all-round way, various applications will be more and more in-depth, and the relevant changes will be more and more attention, and a great new trend will be formed.