The development path of blockchain in China is from market to ru
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.
according to the "2019-2020 global blockchain technology layout and business investment trend research report" released by AI media consulting, with the further liberalization of policies in the future, China's blockchain instry will usher in a stage of rapid development, and is expected to enter the first echelon of global blockchain instry in an all-round way< The importance of blockchain technology to a new round of instrial reform has been paid more and more attention. Major countries around the world have accelerated the research and development of blockchain technology. However, because the instry has not yet formed a unified technical standard system, the application and promotion of blockchain are still subject to many restrictions< Second, the barbaric growth has ended and the instry has entered a new stage
after the capital winter of 2018, a large number of blockchain enterprises have been eliminated, the overall popularity of the instry has declined, and the capital has returned to rationality, and the barbaric growth stage of the blockchain instry is coming to an end. In 2019, policy factors will pull the blockchain back to the development wind, and capital and talents will flow into the blockchain instry again. With the continuous advancement of application, supervision and standardization, truly competitive blockchain enterprises will graally emerge, and the instry will usher in a new round of rapid growth.
"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.
I. blockchain 1.0 cryptocurrency era (2008-2013)
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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)
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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 -)
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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.
It's only in the first tier cities that we know about this technology, but it's not very widely understood, let alone in other tier cities. The banking sector is also preparing to apply blockchain technology, but it has not really been applied. The financial instry also needs to apply it, but I don't know when. To be exact, blockchain is only in the initial stage of trial in China
in China, the instry in which blockchain has been applied is network mutual help bar. As I know, network mutual help platform concentric mutual help is the first real blockchain landing application in China. Through blockchain and big data technology, we can eliminate the defects of traditional network mutual help mode and establish an open and transparent new network mutual help platform
you can download their blockchain customer service end to experience it
especially in the 13th five year plan for national informatization released in December 2016, it is clearly proposed that the innovation, test and application of new technologies such as blockchain should be strengthened to seize the leading power of new generation information technology
in January 2017, the block chain based digital bill trading platform promoted by the central bank was successfully tested.
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, so as 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 at a high speed, and the number of enterprises is increasing rapidly
according to the statistical data of the "in depth analysis report on business model innovation and investment opportunities of blockchain instry" released 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 serving the financial instry and 109 companies serving the real economy. In addition, there are more than 40 related companies in blockchain solutions, underlying platforms, blockchain media and communities
judging from the distribution of investment events in 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 physical field
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
from the current actual landing cases, the landing application of instrial blockchain technology should solve some "small problems" for the instry realistically, and focus on improving the informatization level of instrial cooperation links, 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, the third party can also trust the information after the two parties jointly verify a transaction, 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
furthermore, blockchain will play a role of "improving the efficiency of instrial chain collaboration". 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 trade
technology abuse leads to certain risks in instrial development, which can not be ignored
although the positive value of blockchain technology is graally emerging, 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
the blockchain technology has risen to the level of national science and technology strategy. 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.