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What is the year of blockchain strategy
Publish: 2021-05-12 02:26:08
1.
The following are the reasons why 2017 will be the most critical year for blockchain:
the lasting value of bitcoin
bitcoin, the initial tool of blockchain, ended 2016 with a high profile, which is a good omen
just after the new year, fortune reported that
"after the prosperity of 2016, the price of bitcoin has reached $1000, which has increased by 120% since the beginning of this year, and recently reached the highest point in three years. The reasons, including the devaluation of RMB, the risk of China's currency control and geopolitical instability, have been considered as the key factors for the success of cryptocurrency. Another reason for bitcoin's landmark year is its staying power - the longer it stays, the more familiar it will be, and more like a real store of value. "
whether it is fair or not, the feasibility of blockchain technology is always closely related to the performance of bitcoin. If the decentralized database can succeed in the financial field, it can also be widely used in other places. According to convention, the healthy development of digital currency has triggered a discussion on how to integrate blockchain into new areas. With healthy bitcoin, blockchain can expand rapidly in other fields
existing participants
of course, this has existed for some time, because the blockchain has been firmly bound to bitcoin. Over the years, many groups have invested a lot of money to apply the technology to a wider range of areas, while adding new features and creating new applications. If 2017 is a great year for blockchain, these existing players must be ready to grow with it
this trend is marked by the addition of 8 new members to the hyperledger project before the end of 2016. Software company CA technologies, blockchain project factcom foundation, healthcare alliance hashed health, Korean koscom, accounting company ledgerdomain, trade ecosystem developer lykee, sovrin foundation and telecom company Swisscom all joined in the project
Thehyperledger project has entered 2017 with an eye-catching membership list, and plans to introce blockchain feasibility case studies in actual use cases
new investment
the sign that the technology will make progress this year is that companies all over the world have laid the foundation for using blockchain status. Companies around the world applied for or accepted 356 patent applications related to blockchain or digital currency in November last year, almost double the number in the first month of 2016, according to the report of blog technology
Marc Kaufman, financial technology intellectual property expert at Reed Smith, told blog:
"we have witnessed an exponential growth in the number of patent applications, and we expect to see thousands of blockchain patents in the next five years."
the company is submitting patents in such a rapid way because the blockchain has finally achieved its goal from Utopia to digital ledger tool. With the increase of the number of patents, the new discovery of the index blockchain will enjoy wider legitimacy in 2017
it is only time to know the development trend of blockchain in 2017, and vice versa. However, it is obvious that the status of blockchain technology can be seen by all, which also proves the expectation of early investors for its potential and may develop new potential in the future
blockchain has also become a hot topic in the financial sector in China, and all major domestic financial institutions have tested blockchain projects. China Post and IBM have jointly developed a set of blockchain asset custody system; Puyin group launched the tea based digital currency Puyin
2. Blockchain has developed in five stages
1. Germination stage: the real germination stage of blockchain was from 2007 to 2009. In 2008, a Japanese American with the pseudonym of Nakamoto first expounded a new fantasy report on electronic money in the form of a synonym on the cryptography discussion group, and bitcoin came out. As early as 2007, Nakamoto began to explore a series of new technologies to create a new currency. On October 31, 2008, bitcoin white paper was released, and on January 3, 2009, bitcoin system officially began to operate
the main technologies supporting bitcoin system include hash function, distributed ledger, blockchain and asymmetric encryption; It can be seen that these technologies build the initial version of the blockchain, and it can also be said that the blockchain is the underlying technology of bitcoin. During the three years from 2007 to 2009, bitcoin was an experimental stage in which a very small number of people participated, and the real commercial activities had not really started
2. "Geek" niche stage: here, "geek" refers to people who are crazy about Internet technology and take technological innovation as fashion and life. On February 6, 2010, the first exchange of bitcoin appeared. On May 22 of the same year, someone bought two hamburgers with 10000 bitcoins. On July 17 of the same year, the exchange Mt. GOx was established, marking the official inflow of bitcoin into the market. Nevertheless, the only people who can really understand and enter the market to participate in bitcoin trading are geeks who are keen on Internet technology. They discuss bitcoin technology on the forum, mine for bitcoin on their own computers, and then buy and sell bitcoin on Mt. GOx. Now these geeks have become billionaires
3. Market brewing stage: the price of bitcoin was $13 at the beginning of 2013, but on March 18 of the same year, the government of Cyprus closed the bank and stock market e to the financial crisis, which made the price of bitcoin soar, and the highest price rose to $266 in April. On August 20 of the same year, the German government confirmed the currency status of bitcoin. On October 14, China network announced the opening of bitcoin payment channel. In November, the US Senate hearing also confirmed the legitimacy of bitcoin. On November 19, the price of bitcoin rose to US $1242, forming a new high. Nevertheless, the foundation for blockchain to enter the mainstream social economy is not yet available, and the soaring price of bitcoin is only e to over optimistic expectations. The containment of China's banking system, the collapse of Mt. GOx and other events made the price of bitcoin continue to fall. At the beginning of 2015, the price of bitcoin has dropped below $200. From 2013 to the beginning of 2015, the public began to understand bitcoin and blockchain
4. The mainstream period of blockchain: on June 23, 2016, the United Kingdom left the European Union, the fifth nuclear test of North Korea in September, Trump's election in November and other events, the uncertainty of the world's mainstream economy led to the recovery of bitcoin with the function of risk aversion. The market demand was large, and the increase of trading volume made the price of bitcoin soar from $400 in 2016 to $20000 in 2017, The wealth effect of bitcoin and the transaction overflow caused by network congestion of bitcoin have led to the outbreak of other series of virtual currencies, as well as a variety of blockchain applications, resulting in the emergence of a large number of blockchain assets that are 100 times, even 1000 times and 10000 times, which has aroused the crazy pursuit of the world, Subsequently, the Chicago Mercantile Exchange launched bitcoin futures trading, marking that bitcoin has officially entered the mainstream investment proct series, and bitcoin and blockchain have entered the global attention
5. Instry landing stage: after the market frenzy in 2017, the virtual currency and blockchain have been adjusted in terms of market, supervision, cognition, etc. in 2018, returning to rationality. In 2017, many blockchain projects that follow the blockchain technology will graally die out with the cooling of the market, and the projects with real blockchain applications will be initially implemented. 2018 is not only the first year of the blockchain, but also a gold rush period for the blockchain. After the waves wash away the sand, what remains is relatively good gold
from the perspective of the history of blockchain development, blockchain technology is not yet mature and is currently in the growth period. The specific practical application of blockchain is only used in the financial field. It still needs a long way to go to apply blockchain from other instries. However, we should grasp the trend of blockchain and actively learn from the new field of blockchain.
1. Germination stage: the real germination stage of blockchain was from 2007 to 2009. In 2008, a Japanese American with the pseudonym of Nakamoto first expounded a new fantasy report on electronic money in the form of a synonym on the cryptography discussion group, and bitcoin came out. As early as 2007, Nakamoto began to explore a series of new technologies to create a new currency. On October 31, 2008, bitcoin white paper was released, and on January 3, 2009, bitcoin system officially began to operate
the main technologies supporting bitcoin system include hash function, distributed ledger, blockchain and asymmetric encryption; It can be seen that these technologies build the initial version of the blockchain, and it can also be said that the blockchain is the underlying technology of bitcoin. During the three years from 2007 to 2009, bitcoin was an experimental stage in which a very small number of people participated, and the real commercial activities had not really started
2. "Geek" niche stage: here, "geek" refers to people who are crazy about Internet technology and take technological innovation as fashion and life. On February 6, 2010, the first exchange of bitcoin appeared. On May 22 of the same year, someone bought two hamburgers with 10000 bitcoins. On July 17 of the same year, the exchange Mt. GOx was established, marking the official inflow of bitcoin into the market. Nevertheless, the only people who can really understand and enter the market to participate in bitcoin trading are geeks who are keen on Internet technology. They discuss bitcoin technology on the forum, mine for bitcoin on their own computers, and then buy and sell bitcoin on Mt. GOx. Now these geeks have become billionaires
3. Market brewing stage: the price of bitcoin was $13 at the beginning of 2013, but on March 18 of the same year, the government of Cyprus closed the bank and stock market e to the financial crisis, which made the price of bitcoin soar, and the highest price rose to $266 in April. On August 20 of the same year, the German government confirmed the currency status of bitcoin. On October 14, China network announced the opening of bitcoin payment channel. In November, the US Senate hearing also confirmed the legitimacy of bitcoin. On November 19, the price of bitcoin rose to US $1242, forming a new high. Nevertheless, the foundation for blockchain to enter the mainstream social economy is not yet available, and the soaring price of bitcoin is only e to over optimistic expectations. The containment of China's banking system, the collapse of Mt. GOx and other events made the price of bitcoin continue to fall. At the beginning of 2015, the price of bitcoin has dropped below $200. From 2013 to the beginning of 2015, the public began to understand bitcoin and blockchain
4. The mainstream period of blockchain: on June 23, 2016, the United Kingdom left the European Union, the fifth nuclear test of North Korea in September, Trump's election in November and other events, the uncertainty of the world's mainstream economy led to the recovery of bitcoin with the function of risk aversion. The market demand was large, and the increase of trading volume made the price of bitcoin soar from $400 in 2016 to $20000 in 2017, The wealth effect of bitcoin and the transaction overflow caused by network congestion of bitcoin have led to the outbreak of other series of virtual currencies, as well as a variety of blockchain applications, resulting in the emergence of a large number of blockchain assets that are 100 times, even 1000 times and 10000 times, which has aroused the crazy pursuit of the world, Subsequently, the Chicago Mercantile Exchange launched bitcoin futures trading, marking that bitcoin has officially entered the mainstream investment proct series, and bitcoin and blockchain have entered the global attention
5. Instry landing stage: after the market frenzy in 2017, the virtual currency and blockchain have been adjusted in terms of market, supervision, cognition, etc. in 2018, returning to rationality. In 2017, many blockchain projects that follow the blockchain technology will graally die out with the cooling of the market, and the projects with real blockchain applications will be initially implemented. 2018 is not only the first year of the blockchain, but also a gold rush period for the blockchain. After the waves wash away the sand, what remains is relatively good gold
from the perspective of the history of blockchain development, blockchain technology is not yet mature and is currently in the growth period. The specific practical application of blockchain is only used in the financial field. It still needs a long way to go to apply blockchain from other instries. However, we should grasp the trend of blockchain and actively learn from the new field of blockchain.
3. 2019 is the first year for blockchain to break the financial monopoly
from cable TV companies to retail enterprises, all walks of life are trying their best to keep their most precious property: monopoly. The traditional view is: "if you control the entrance and channel, then consumers have little choice."
however, we see that companies like Netflix and Amazon break the old pattern and provide more choices for our lives. Similarly, in the field of digital currency and finance, some of the largest financial institutions are facing serious challenges
it is expected that decentralized business and demand will rise in 2019, which will provide more opportunities for successful blockchain companies. At the same time, but this opportunity also means risk. If, as in 2018, the founders or entrepreneurs of blockchain companies make too many promises, and the projects are suspected of exaggeration, they may lose their reputation and first mover advantage< For decades, the world's largest financial institutions have controlled most of the financial systems of the global economy
however, blockchain companies have begun to gain fair competition opportunities through access to banking services and real-time payment. In 2019, the blockchain instry will enter the field of securities, loans and other derivative financial procts in addition to financial payment. Companies like securitize *, Dharma, dydx, compound finance and the ocean are committed to building decentralized finance
in the past few years, mobile application companies such as rap, gojek and paytm have been expanding their business, with payment, investment, remittance, loan and insurance procts emerging. As many Asian economies move from cash to the digital economy, they are rapidly attracting users of new banks
Asian regulators have provided clearer guidelines for blockchain and digital currency projects because they believe that blockchain is a catalyst for economic growth and may become a sunrise instry in the future
in addition, more than 80% of digital currency trading volume comes from Asia, so digital currency investors are eager to establish reliable infrastructure. If Grab, Gojek and Paytm can benefit from digital money investors, they will begin to support the block chain more, providing awesome experience for payment, loans and other derivatives.
back to the original heart
in the past few years, the digital currency instry has deviated from its original financial vision, which is well illustrated in Nakamoto's bitcoin white paper. Just like the prosperity and depression of the Internet, almost all imaginable real cases, such as the logistics chain of tracking the freshness of flowers, are attracting people's attention with the hot word of blockchain
however, just like the early Internet, real landing cases must match the development stage of technology
Netflix, for example, could not successfully stream TV programs in 2000, when less than 1% of people used broadband. In the past few years, it has become more and more obvious that payment is a real case of massive application of blockchain
in 2019, blockchain companies will develop rapidly in decentralized financial applications (such as loans and insurance procts) based on the smart contract platform
I always find that the best application landing occurs in specific market segments. As long as blockchain companies can focus on procts that solve specific problems, we will see more competitive and innovative blockchain companies
and that's a good thing for the instry as a whole.
from cable TV companies to retail enterprises, all walks of life are trying their best to keep their most precious property: monopoly. The traditional view is: "if you control the entrance and channel, then consumers have little choice."
however, we see that companies like Netflix and Amazon break the old pattern and provide more choices for our lives. Similarly, in the field of digital currency and finance, some of the largest financial institutions are facing serious challenges
it is expected that decentralized business and demand will rise in 2019, which will provide more opportunities for successful blockchain companies. At the same time, but this opportunity also means risk. If, as in 2018, the founders or entrepreneurs of blockchain companies make too many promises, and the projects are suspected of exaggeration, they may lose their reputation and first mover advantage< For decades, the world's largest financial institutions have controlled most of the financial systems of the global economy
however, blockchain companies have begun to gain fair competition opportunities through access to banking services and real-time payment. In 2019, the blockchain instry will enter the field of securities, loans and other derivative financial procts in addition to financial payment. Companies like securitize *, Dharma, dydx, compound finance and the ocean are committed to building decentralized finance
in the past few years, mobile application companies such as rap, gojek and paytm have been expanding their business, with payment, investment, remittance, loan and insurance procts emerging. As many Asian economies move from cash to the digital economy, they are rapidly attracting users of new banks
Asian regulators have provided clearer guidelines for blockchain and digital currency projects because they believe that blockchain is a catalyst for economic growth and may become a sunrise instry in the future
in addition, more than 80% of digital currency trading volume comes from Asia, so digital currency investors are eager to establish reliable infrastructure. If Grab, Gojek and Paytm can benefit from digital money investors, they will begin to support the block chain more, providing awesome experience for payment, loans and other derivatives.
back to the original heart
in the past few years, the digital currency instry has deviated from its original financial vision, which is well illustrated in Nakamoto's bitcoin white paper. Just like the prosperity and depression of the Internet, almost all imaginable real cases, such as the logistics chain of tracking the freshness of flowers, are attracting people's attention with the hot word of blockchain
however, just like the early Internet, real landing cases must match the development stage of technology
Netflix, for example, could not successfully stream TV programs in 2000, when less than 1% of people used broadband. In the past few years, it has become more and more obvious that payment is a real case of massive application of blockchain
in 2019, blockchain companies will develop rapidly in decentralized financial applications (such as loans and insurance procts) based on the smart contract platform
I always find that the best application landing occurs in specific market segments. As long as blockchain companies can focus on procts that solve specific problems, we will see more competitive and innovative blockchain companies
and that's a good thing for the instry as a whole.
4. This concept was proposed in the white paper [1] of Nakamoto Tsung, who created the first block, namely "Genesis block"< On January 3, 2009, the founder of bitcoin, Mr. Nakamoto, left an unchangeable sentence in the genesis block:
"the times 03 / Jan / 2009 Chancellor on brink of second low for banks (on January 3, 2009, the chancellor of the exchequer was on the verge of implementing the second round of bank emergency assistance)."
at that time, the British Chancellor of the exchequer, darling, was forced to consider a second attempt to relieve the banking crisis, which was the headline of the front page article of the times that day
the time stamp service and existence proof of blockchain, the time generated by the first blockchain and the events that happened at that time are permanently preserved
BTCC, a bitcoin company, launched a service "Millennium chain" in 2015, namely blockchain lettering service, which is based on the above principles. Users can use this service to engrave text on the blockchain and save it permanently
bitcoin, Ruitai coin, Laite coin, dogcoin, Ethereum and other digital currencies will use blockchain technology.
"the times 03 / Jan / 2009 Chancellor on brink of second low for banks (on January 3, 2009, the chancellor of the exchequer was on the verge of implementing the second round of bank emergency assistance)."
at that time, the British Chancellor of the exchequer, darling, was forced to consider a second attempt to relieve the banking crisis, which was the headline of the front page article of the times that day
the time stamp service and existence proof of blockchain, the time generated by the first blockchain and the events that happened at that time are permanently preserved
BTCC, a bitcoin company, launched a service "Millennium chain" in 2015, namely blockchain lettering service, which is based on the above principles. Users can use this service to engrave text on the blockchain and save it permanently
bitcoin, Ruitai coin, Laite coin, dogcoin, Ethereum and other digital currencies will use blockchain technology.
5. The development of blockchain can be divided into three stages. Melanie Swann, founder of blockchain Science Research Institute, in her book blockchain: blueprint and guide to new economy, according to the application and development of blockchain, it can be divided into three stages: blockchain 1.0, 2.0 and 3.0< br />
I. blockchain 1.0 cryptocurrency era (2008-2013)
&
in 2008, Nakamoto first proposed the concepts of bitcoin and blockchain, and then in January 2009, the first blockchain came out. At this stage, people pay more attention to the transaction of cryptocurrency, and blockchain is only used as the underlying technology to act as a "public account book"< br />
2. Blockchain 2.0 smart contract era (2014-2017)
&
in 2014, & quot; Blockchain 2.0 "has become the pronoun of decentralized blockchain database. At this stage, people mainly focus on the application of the platform. Anyone can upload and execute the smart contract on the blockchain, and will be rewarded automatically after the execution. Because this transaction process does not need any intermediary, so people's privacy has been greatly protected< br />
III. blockchain 3.0 large scale application era (2018 -)
&
at this stage, people begin to build a completely decentralized data network, and the application of blockchain technology is no longer limited to the economic field, but expanded to the fields of art, law, real estate, hospital, human resources and so on.
I. blockchain 1.0 cryptocurrency era (2008-2013)
&
in 2008, Nakamoto first proposed the concepts of bitcoin and blockchain, and then in January 2009, the first blockchain came out. At this stage, people pay more attention to the transaction of cryptocurrency, and blockchain is only used as the underlying technology to act as a "public account book"< br />
2. Blockchain 2.0 smart contract era (2014-2017)
&
in 2014, & quot; Blockchain 2.0 "has become the pronoun of decentralized blockchain database. At this stage, people mainly focus on the application of the platform. Anyone can upload and execute the smart contract on the blockchain, and will be rewarded automatically after the execution. Because this transaction process does not need any intermediary, so people's privacy has been greatly protected< br />
III. blockchain 3.0 large scale application era (2018 -)
&
at this stage, people begin to build a completely decentralized data network, and the application of blockchain technology is no longer limited to the economic field, but expanded to the fields of art, law, real estate, hospital, human resources and so on.
6. 1, comprehensive layout is coming
as people's misunderstanding of blockchain technology graally dissipates, we will see that next year, the financial services, insurance and medical instries will carry out comprehensive deployment of blockchain technology
blockchain technology will subvert our payment system internationally - the old profit model and other processes will become obstacles, and payment will become faster, cheaper and safer
however, as blockchain becomes more and more mainstream, we can no longer ignore the main obstacles on its development path. For example, the banking instry must develop a clear roadmap for blockchain adoption and cooperate on the basis of global standardization
2, the standardization process is about to start
with the more and more extensive application of blockchain, it will become extremely important to establish standardization methods between each other. But there are complex and political processes that can get in the way - there are conflicts of interest between instry organizations, and companies are trying to gain a clear advantage
with the implementation of various blockchain schemes, we will see that the situation will change to the process of standardization and integration. Once competing organizations graally realize the benefits of alliance and start to accelerate the trade process, strengthen detection and optimize data management
in 2017, there may be only a few dynamic blockchain alliances left, but instry players will have to cooperate and reach an agreement on a flexible and universal open logo. Governments and regulators will also play an important role in protecting consumers and encouraging innovation
stakeholders driving the development of blockchain standards will need to be creative and can envision a future in which these standards can be used to create new and powerful tools
3, fintech is accelerating development
fintech is bringing great changes, from simple payment to complex global financial operations are being subverted by it
the in-depth changes that are expected to happen next year are as follows:
blockchain combined with machine learning can jointly accelerate the existing process and optimize efficiency
emojis, payment, will be more widely used, and mobile devices will become more and more secure
lending network will become one of the hottest areas of blockchain
all countries in the world will be more interested in the development of digital currency
4, it's time to subvert the field of payment
in the field of payment transaction, blockchain technology is used to overcome the problems existing in the agent banking system and international remittance
there are many proceres and incoherent processes in cross-border non cash transactions, which can be eliminated by eliminating the third-party institutions, direct currency transfer and efficient inter-bank settlement. This possibility of creating a competitive market for liquidity providers may ensure the optimal exchange rate for international exchange and payment transactions
payment systems are based on local banking regulations and practices, but lack of common standards, which reces the ability of seamless transmission of data and background information, and brings settlement and non settlement risks
the extensive implementation and use of blockchain will change and subvert the existing financial services instry and payment system on a global scale
in addition, although the blockchain was very popular in 2016, there was very little substantive progress. Only coin Ying China and China Post really put it into practice, and other projects just stayed in the theoretical stage.
as people's misunderstanding of blockchain technology graally dissipates, we will see that next year, the financial services, insurance and medical instries will carry out comprehensive deployment of blockchain technology
blockchain technology will subvert our payment system internationally - the old profit model and other processes will become obstacles, and payment will become faster, cheaper and safer
however, as blockchain becomes more and more mainstream, we can no longer ignore the main obstacles on its development path. For example, the banking instry must develop a clear roadmap for blockchain adoption and cooperate on the basis of global standardization
2, the standardization process is about to start
with the more and more extensive application of blockchain, it will become extremely important to establish standardization methods between each other. But there are complex and political processes that can get in the way - there are conflicts of interest between instry organizations, and companies are trying to gain a clear advantage
with the implementation of various blockchain schemes, we will see that the situation will change to the process of standardization and integration. Once competing organizations graally realize the benefits of alliance and start to accelerate the trade process, strengthen detection and optimize data management
in 2017, there may be only a few dynamic blockchain alliances left, but instry players will have to cooperate and reach an agreement on a flexible and universal open logo. Governments and regulators will also play an important role in protecting consumers and encouraging innovation
stakeholders driving the development of blockchain standards will need to be creative and can envision a future in which these standards can be used to create new and powerful tools
3, fintech is accelerating development
fintech is bringing great changes, from simple payment to complex global financial operations are being subverted by it
the in-depth changes that are expected to happen next year are as follows:
blockchain combined with machine learning can jointly accelerate the existing process and optimize efficiency
emojis, payment, will be more widely used, and mobile devices will become more and more secure
lending network will become one of the hottest areas of blockchain
all countries in the world will be more interested in the development of digital currency
4, it's time to subvert the field of payment
in the field of payment transaction, blockchain technology is used to overcome the problems existing in the agent banking system and international remittance
there are many proceres and incoherent processes in cross-border non cash transactions, which can be eliminated by eliminating the third-party institutions, direct currency transfer and efficient inter-bank settlement. This possibility of creating a competitive market for liquidity providers may ensure the optimal exchange rate for international exchange and payment transactions
payment systems are based on local banking regulations and practices, but lack of common standards, which reces the ability of seamless transmission of data and background information, and brings settlement and non settlement risks
the extensive implementation and use of blockchain will change and subvert the existing financial services instry and payment system on a global scale
in addition, although the blockchain was very popular in 2016, there was very little substantive progress. Only coin Ying China and China Post really put it into practice, and other projects just stayed in the theoretical stage.
7. At present, Internet breeding software includes all people raising cattle, Lenong's home, Aishang raising pig, chicken housekeeper, ugly ckling farm, etc. all people raising cattle, falling in love with raising pig and chicken housekeeper are income oriented apps with little user interaction. They are investment income oriented apps. Ugly ckling farm is an app developed by Shenzhen ugly ckling Innovation Technology Co., Ltd., focusing on user breeding experience, Real time online breeding and offline breeding can be synchronized. Those who have children at home and need to raise their own cks to supplement their families can raise their own cks and eat by themselves through this platform, which is visible in real time, green and pollution-free, and recommended by the wall.
8. 2017or2008
9. Because it's a new concept, many people don't know about it, but now there should be no one who doesn't know about blockchain~
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