Why Tencent doesn't make blockchain currency
A vigorous "blockchain movement" is sweeping like a wave, threatening everyone around. From last year to this year, the debate over blockchain has never stopped. Is blockchain, as its advocate Chen Weixing said, the "spring of mankind", the "antidote to the global economic collapse", or as his doubter Zhu Xiaohu said, "blockchain is a fake outlet, and there is nothing left except currency speculation"
we think that this instry needs standards, otherwise we will talk about blockchain for a long time, and the concept of talking is not the same, and even some enterprises claim to make their own blockchain, and they just change the database. With the authoritative standard of trusted blockchain, we can screen out the enterprises that obviously sell dog meat, and let the enterprises that really do blockchain technology get endorsement
Ce: how does Tencent solve the problem of talent scarcity in the blockchain field
CAI Yige: our technical talents are basically transformed from Tencent. The blockchain instry is very new, and few people have done blockchain. Just like the arrival of mobile network in those years, it's very difficult for you to recruit Android and IOS developers. We all cultivate ourselves
Ma Huateng: blockchain, line; ICO, no way
at the two sessions, Ma Huateng said that the topic of blockchain has been very hot recently, and even some people teased that the Internet before blockchain was "classical Internet". Although blockchain technology is innovative, how to make good use of this technology is another problem
in Ma Huateng's view, blockchain technology can be applied in many fields, especially in the aspect of the uniqueness of digital authentication objects. Just like a file or bill in reality, blockchain technology can be used to ensure that they cannot be copied or tampered with. Compared with traditional IT technology in the past, blockchain has epoch-making significance in truly simulating the uniqueness of documents and receipts in real society
Ma Huateng thinks that there are still many risks in doing digital currency ICO. "If everyone can issue digital currency freely with blockchain technology, it will cause a lot of regulatory problems," he said
for example, the golden red envelope project in the 2017 Spring Festival internal test is Tencent's attempt to record users' digital assets with blockchain technology. In addition, Tencent also uses blockchain technology to rece the problem of information asymmetry
in addition to finance and public welfare, Tencent also reached a cooperation with Intel in September 2017, announcing that both sides will jointly develop blockchain technology to improve the security protection capability in the Internet of things scenario
of course, the coin here is what we often call token, which originally means token (temporary) in computer identity authentication. With the popularity of blockchain and digital currency, people have a variety of translations for token, including token, integral, certificate, logo, indicator, etc
the understanding of token in the market can be divided into two categories
in the first category, 99% of the people think token means token, because 99.9% of the projects do the same thing. Set up a foundation, build a website, write a white paper, and then go to ICO. Because most of the projects are still in the conceptual stage, token itself has no other meaning except trading, so people call it token, which performs the function of currency to some extent
in the second category, professionals and institutions are more willing to translate token into proof of equity, or token. For example, a person's identity certificate, academic certificate, equity, bonds, points, bills, etc., are authentic and tamperable because of the proof of rights and interests. Every proof of interest becomes more secure and reliable through the protection of cryptography
therefore, blockchain is not only a technology, but also a new mode of proction and organization, even a new thinking
so, the question now is, does the blockchain project have to issue currency
answer: you may not issue currency. Not all blockchain projects need to be issued with currency, and it is not necessarily blockchain projects that issue currency
for example, the alliance chain does not need to issue coins. For example, Tencent's q-coin, in principle, is also a kind of currency, but it is not a blockchain project
therefore, the two are not related, but if they are public chains, they need to issue coins. Why
let's take bitcoin as an example. Bitcoin system as a public chain must rely on the existence of bitcoin. Public chain obtains the stability and non tamperability of its system through the nodes distributed all over the world, and these properties are the basis for the existence of public chain
imagine that if the bitcoin system is unstable or can be easily tampered with, bitcoin will be worthless. These nodes are not set up by one or several companies, otherwise they are equivalent to private chain or alliance chain. These nodes must be built dynamically by many participants. And the existence of these nodes must need some kind of incentive, otherwise why do the builders of these nodes want to participate in your system. And this kind of incentive must be integrated with the blockchain system, and it must be money
then why is it currency, not legal currency, such as RMB, as an incentive
if RMB is used as incentive, because RMB should be stored in the RMB account, and the account itself is centralized, so it's easy to be controlled. Just think about why domestic bitcoin exchanges are so afraid of the central bank, and they are afraid of being weaned. In addition, RMB can't react with smart contracts within the blockchain
the electronic currency issued by the central bank can not be used as the original currency and incentive of a blockchain system. Why
if the central bank or a rich person wants to destroy a project, they just need to take out enough e-money to do enough nodes and attack 51%. Therefore, it is impossible to use the e-money issued by the central bank as the original currency and incentive blockchain system. However, blockchain projects with independent native currency and incentives have no such worries
If a person or organization wants to get enough nodes to carry out 51% attacks, it must first get more than 50% enough coins, and the amount of coins in the market is certain, so before it gets enough coins, the soaring price will make it hard for him to bear
therefore, a public chain project must have money. A public chain project without money is like a castrated person
in addition, only through the token and reasonable stimulation of output, can the proction relationship be changed and the value of blockchain be brought into play. Therefore, the project must have token, which can promote the development of the project faster. Token solves the problem of incentive and consensus, and incentive solves the problem of autonomy. The positive autonomous economic ecosystem and the underlying technology of blockchain are a perfect combination.
it means that the blockchain project has no money or you want to make money
Alibaba Tencent's blockchain project will not issue currency
According to the official website of the Trademark Office of the State Administration for Instry and commerce, Tencent Technology (Shenzhen) Co., Ltd. applied for a number of trademarks this month, including infocoin, Bodong star, Bodong star, Boyuan, qbanking, linkbanking, etc
Tencent blockchain business architecture Tencent blockchain pays more attention to scene landing, and has explored in the fields of supply chain finance, games, legal deposit, digital assets, public welfare search, logistics, taxation, etc. In March this year, Tencent announced that it is cooperating with China Federation of logistics and purchasing to develop the block supply chain alliance chain and cloud single platform. Based on the cloud single platform, the electronic waybill will replace the paper waybill, and the electronic signature will replace the manual paper signature. Through the blockchain technology, the electronic waybill will have the characteristics of distributed, encrypted and tamper proof, so as to ensure the authenticity and security of the waybill data, and achieve "credibility, security, efficiency and cost rection". In May this year, Tencent and Shenzhen State Administration of Taxation jointly established the "smart tax" innovation laboratory. Both sides are jointly promoting the first domestic digital invoice solution based on blockchain, exploring a new invoice ecology, hoping that every invoice can be checked, verified, trusted and traceable, and using blockchain technology to manage the whole process of invoice circulation, so as to make the whole scene circulation of invoice data a reality
source; Surging News Network
"if we want to start early and start small, as soon as we see signs, we should deal with them at different levels. We should see whether they are good investment projects or just make up for the West." Ma Huateng suggested that we should strengthen financial supervision and technology. In his coming years, he can use a lot of scientific and technological means, such as big data, AI, to see whether there are problems in the capital direction of these investment projects in the background