Global blockchain Development Report
, under the testimony of the leaders of Hunan high tech Zone, will jointly publish the first 2018 global chain chain instry yearbook by China Mobile communications Federation, international block chain application alliance, self chain college and Wutong think tank. The details are as follows:
since October 2016, the Ministry of instry and information technology has issued the white paper on China's block chain technology and application development (2016). blockchain was identified as a strategic frontier technology for the first time and was written into the notice of the State Council on printing and distributing the 13th five year plan of national informatization issued by the State Council in December 2016. The plan clearly puts forward the need to strengthen the innovation, test and application of new technologies such as blockchain, so as to seize the leading power of the new generation of information technology
local governments have also issued guidance and notification documents on blockchain. According to financial statistics, as of March 2018, Beijing, Shanghai, Guangzhou, Shenzhen, Zhejiang, Jiangsu, Guizhou, Fujian, Guangdong, Shandong, Jiangxi, Inner Mongolia, Chongqing and other provinces and cities have issued guidance on blockchain
Chen Xiaohua, director of ecation and examination center of China Mobile Communications Federation, Secretary General of international blockchain innovation and application alliance of China Mobile Communications Federation, and President of Beiyou online digital economy research institute, said: "one of the biggest values of blockchain technology is the combination with big data. Blockchain technology will be the key technology to build a social big data platform. The combination of blockchain and big data will solve the deep-seated problems of data interconnection and open sharing. "2018 global blockchain Instry Yearbook" is a big database of blockchain ecological information. Through research and aggregation of the whole ecological instry data of blockchain, it provides authoritative system data mining analysis, data docking and matching, intelligent information flow and instry spectrum for blockchain enthusiasts, avoids learning blind spots, popularizes blockchain knowledge, and promotes the healthy development of blockchain ecology. "
"the development of blockchain in the past two years is obvious to all. Local governments are also more active in promoting the development of blockchain technology and application. With the innovation and upgrading of blockchain, deep integration and innovation with cloud computing, big data and other cutting-edge technologies, it will promote the application of blockchain technology in medical, judicial, instrial, media and other fields Business exploration and application of games and other subdivided fields. The healthy development and application of blockchain in the future cannot be separated from the construction and improvement of instry ecology. From 2015 to 2018, more than 50 instry associations / alliances related to blockchain have been established in China, and blockchain media and institutions emerge in an endless stream. With the rapid development of blockchain, a large number of enthusiasts, practitioners, entrepreneurs and investors will participate in the future, And the 2018 global blockchain Instry Yearbook provides an authoritative platform for them to systematically understand the blockchain instry. " Tang Yuze, President of the Institute of creative talents of Wutong think tank, believes that the 2018 global block chain instry yearbook will have a significant impact on the future development of the block chain.
as one of the sponsors of this yearbook, Jian Jinqiu, founder of Zilian college, said: "technological innovation is the core driving force for the in-depth development of the blockchain instry, and the technological innovation of China's blockchain instry is undergoing a process of obvious acceleration. Thanks to the continuous innovation of blockchain technology and China's huge Internet consumer groups, blockchain applications in China also show a wide range of diversified and active characteristics. From 2016 to 2018, private equity investment in China's blockchain field has been invested in many fields, such as blockchain personnel training, infrastructure, underlying technology, related services, blockchain application, etc., and China's blockchain instry chain has basically taken shape. And the government is increasingly facing up to and affirming the value of the blockchain, and the launch of the 2018 global blockchain Instry Yearbook is to build a good blockchain instry ecology and promote the healthy development of the blockchain instry. "
with the continuous excavation of the potential value of the blockchain, the heavyweight multinational instry giants have entered the blockchain field by setting up research groups, investing in blockchain start-ups, developing the basic platform of blockchain, and studying the potential application scenarios in the future. Their demonstration and leading role has begun to drive a new round of blockchain entrepreneurship and innovation wave. As the world's first blockchain Yearbook, 2018 global blockchain Instry Yearbook will invite world-renowned scholars and enterprise experts to write it, and give full play to the role of blockchain policy guidance to better promote the healthy development of the blockchain instry
There is no doubt that blockchain has development prospects, and the necessary condition for development prospects is to enter the mainstream market
North America blockchain infrastructure the oan (former aion network) founder and CEO Matt spoke published an article entitled "in order to successfully enter the mainstream market, blockchain projects must" eat dog food "in Forbes on July 24, in which Matt mentioned his views on how blockchain should enter the mainstream market - & quot; Eat dog food
in the science and technology circle, there is a jargon called & quot; Eat dog food Dogfood (also known as eating your own dog food) refers to companies using their own procts and becoming users of their own procts. Many high growth companies (such as Microsoft, Facebook, Amazon, apple, Netflix and Google) also test their procts by "eating dog food" or help build credibility“ "Eat dog food" is often used to find and fix bugs, but it has another value: to create reliable use cases for the company's procts
this is worth learning from blockchain projects, because blockchain projects often hold & quot; Once built, they (users) will come naturally, which habitually leaves the responsibility of creating new and interesting blockchain applications to a third party
this attitude is very common, even the well-known blockchain summit consensus 2019 also held a conference entitled & quot; Once built, they (users) will naturally come: to build a global blockchain Center & quot; To discuss how governments around the world can make efforts to attract blockchain projects while balancing regulatory, investment and innovation needs
to be fair, this strategy may be effective for blockchains that only focus on people in the currency circle. For the security token, especially for the exchange represented by the transaction, it makes more sense - "supply creates demand" is the usual idea here, especially considering that the realization of these transactions requires the construction of complex infrastructure
in contrast, "eat dog food" is more likely to be adopted by blockchain project developers who seek mainstream audiences (such as those in financial instry, manufacturing and supply chain, identity management, etc.). If blockchain technology wants to enter these mainstream fields, blockchain companies must first "eat dog food". This can not only clearly prove that blockchain technology is feasible outside the coin circle, but also highlight that blockchain can not only optimize existing use cases, but also create new use cases
and the oan team has been adhering to this concept, and relying on the oan and aion's technology stack built over the years, it has developed a financial technology platform moves for independent workers
Matt said that in the development and development of moves, the team hopes that the relevant functions of the OAN blockchain network can be brought into full play, so it will focus on the following three aspects:
1. How to use the OAN blockchain network to improve the credit efficiency of the proct there are two main considerations to improve credit efficiency: 1) can we use the mechanism of the defi market to rece the cost of capital; 2) Can the blockchain technology be used to increase the external trust in the credit process of moves. Here, moves will form a mechanism of "pooling wisdom", so that everyone can contribute to recing credit risk and increasing the credibility of credit process, and may even develop a micro guarantee mechanism in the future. Therefore, users will be able to participate in the market established by the platform as borrowers, lenders or guarantors
specifically, by connecting moves with the oan network, and with the help of digital asset aion, a relationship of interest consistency is formed between procts and users, so that users can personally experience the success of moves procts and directly participate in the oan, a blockchain network supporting moves
3. How to create the first open system of financial reputation data with moves
this open system may become a substitute for traditional credit scores or related mechanisms. Over the years, banks and financial institutions have been using Equifax, Fico or other similar institutions' scores as risk indicators, and the moves team believes that the procts they are building will be a good start - the beginning of a more perfect and modern financial reputation system. This is a long-term goal
moves supports North American mainstream carpooling, take out and other casual work economic platforms, and will be the flagship open application developed by the oan on its blockchain network. In June, moves expanded its operations from Ontario to Alberta and British Columbia into western Canada
all the initiatives of the oan team adhere to the spirit of "eating dog food" and strive to make blockchain technology enter the mainstream market as soon as possible. Blockchain is not for the minority, but for the mainstream. In addition to the oan team, many projects and institutions in the blockchain instry are also aiming at this goal. Can you say that such an excellent and targeted blockchain has no development prospects
driven by policy and market, China's blockchain related instries are expected to move from virtual to real
in the context of rapid development of blockchain, China should comply with the needs of globalization, keep up with the international pace, and actively promote the research, standardization and instrialization development of domestic blockchain related fields. Compared with the increasingly stringent supervision of bitcoin and other digital currencies, the support and encouragement of blockchain technology has reached a consensus in the world, and the domestic blockchain technology will also receive national and local policy support in the next few years. Driven by policy and market, blockchain related instries are expected to move from virtual to real, and blockchain technology will accelerate the exploration of possible application scenarios< According to the data of the "in depth analysis report on business model innovation and investment opportunities of blockchain instry" released by foresight Instry Research Institute, the global blockchain market scale is expected to increase from US $411.5 million in 2017 to US $7683.7 million in 2022, with a compound annual growth rate of 79.6%. In view of the wide application range of distributed ledger, the rising market value of cryptocurrency, the strong demand for improving transparency, security, efficiency and simplifying process, and the popularity of blockchain as a service (
baas), the blockchain market will expand rapidly. In addition, communication services, international trade, supply chain management, programming platform, payment, smart contract, digital authentication and so on are also in urgent need of blockchain technology, which will create a lot of growth opportunities
as an integrated application of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other technologies, blockchain has become a research hotspot of the United Nations, the International Monetary Fund and other international organizations as well as many national governments in recent years, and the instry has also increased investment. At present, the application of blockchain has extended to the Internet of things, intelligent manufacturing, supply chain management, digital asset trading and other fields, which will bring new opportunities for the development of cloud computing, big data, mobile Internet and other new generation information technology, and have the ability to trigger a new round of technological innovation and instrial change
by 2022, the payment sector may occupy the largest share of the blockchain market
relying on blockchain technology, real-time payment of assets can be realized, which not only has the characteristics of tamper proof and digital authentication, but also can greatly save the cost of settlement for financial institutions and banks. In addition, blockchain makes payment automation possible, eliminates the need for middlemen, and saves labor costs and time for buyers and sellers. Thanks to the above advantages, it is expected that the payment sector will be the heaviest one in the whole blockchain market
the fastest growing region will be the Asia Pacific region.
blockchain service providers in the Asia Pacific region are good at designing and developing cryptocurrency platforms with friendly interface, cost saving and high speed, and extending the application of blockchain in many instries. Both large enterprises and small and medium-sized enterprises are actively seeking risk financing, investing in and developing the most cutting-edge blockchain technology. In addition, the real estate instry of some countries in the Asia Pacific region is expected to rapidly transform from translucency to full transparency, which also helps to enhance the development prospects of blockchain in the Asia Pacific region.
-- for the above data sources and analysis, please refer to analysis report on market outlook and investment strategic planning of China's blockchain instry of foresight Instry Research Institute
the research process of instry technology is constantly advancing
in recent years, the research process of global blockchain technology has accelerated, and the number of instry patent applications has increased rapidly. According to sopat statistics, from 2014 to 2018, the number of global blockchain patents continued to rise, and by 2018, the number of global blockchain patent applications had reached 2966. Among them, the number of patents in China's blockchain in 2018 accounted for 33.33% of the total number of patents in 2014, and increased to 82.1% in 2018
however, despite the continuous development and innovation of global blockchain technology in recent years, there is no universal evaluation standard and system to specify the technical performance, efficiency, scalability, security and other issues of blockchain. On the whole, blockchain technology needs further breakthrough
China's blockchain technology tends to serve applications
in terms of technology, the core of China's blockchain technology is to serve physical applications, while the US blockchain technology is still solving the potential problems of blockchain, which leads to the domestic focus on alliance chain applications, We hope to optimize the blockchain technology to meet the requirements of high concurrency applications; Foreign countries focus on the application of public chain, and carry out the optimization and innovation of core technology according to the characteristics of public chain. In terms of application, domestic blockchain focuses on the application of service instry and tends to be "non currency blockchain"; Most of the U.S. is a public chain, which tends to the circulation of digital assets
1. Decentralization
the core advantage of blockchain technology is that it does not need a traditional centralized organization, and does not rely on the point-to-point transaction, coordination and cooperation of a credit center in the distributed system, so as to avoid the common problems of data security, collaborative efficiency and risk control of centralized organizations
2. High security
in blockchain technology, data is difficult to tamper with. Anyone can access the database that records transactions. In this transparent and open mode, everyone can act as a supervisor. We can see at a glance what changes have taken place in the data, which is more secure than traditional technology
3. More reliable
the blockchain technology is connected by multiple nodes in different places. The nodes in the blockchain interact through the point-to-point communication protocol. Under the condition of ensuring the consistency of the communication protocol, different nodes can be processed by different developers using different programming languages and different versions of the whole node
in short, when a node encounters network problems, hardware failures, software errors or is controlled by hackers, the operation of other participating nodes and systems will not be affected
therefore, blockchain is more reliable than traditional technology
therefore, I firmly believe that the application of blockchain must be the development trend in the future.
In 2014, Barry Silbert, founder of secondmarket, separated the bitcoin investment fund from the original company and established grayscale investments
in 2015, gray investment company was merged into the newly established digital currency group (DCG). DCG is not only focused on digital currency and blockchain investment, but also an incubator for start-ups. In addition to gray investment company, DCG also has two subsidiaries, namely, genesis, a cryptocurrency OTC broker, coindesk, a blockchain news and information website, and more than 150 other blockchain companies / projects invested
after years of development, gray investment company has become the largest cryptocurrency asset management company in the world, and its cryptocurrency trust scale has reached US $2.58 billion
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extended information:
in 2013, Barry Silbert, the founder, convinced the board of directors of secondmarket company to set up a bitcoin investment fund called bitcoin investment trust, which is the predecessor of gray scale bitcoin trust. It was not until September 2017 that gray investment's bitcoin trust fund began to grow explosively
it has become the largest bitcoin investment trust in the world, with more than 408500 bitcoins, nearly 2% of the total. In addition to bitcoin trust funds, gray investment company also launched BCH, ETH, etc, horizon, LTC, XLM, XRP and Zec trust funds, as well as grayscale digital large capital fund with mainstream currencies. Gray investment company's cryptocurrency trust procts provide convenience for institutional users to purchase cryptocurrency