Microsoft cloud blockchain
In 2017, blockchain technology is undoubtedly a new wave of technology after the mobile Internet. From the three dimensions of technology implementation, commercial application and commercial realization, blockchain is expected to become a new technology after the mobile Internet, which will once again subvert people's digital lifestyle. At present, the new technology wave of blockchain fascinates more and more developers. Therefore, Neo, a non-profit community blockchain project, joins hands with Microsoft to open the first domestic blockchain developer competition, aiming to proce more excellent applications based on Neo blockchain and Microsoft's development environment and tools, so as to form a strong application ecology for blockchain developers
"People are using blockchain technology in a more interesting way as the basis for 'decentralized applications' rather than just applications like financial technology and cryptocurrency," said Mike Mason, technical director of the office of chief technology officer of ThoughtWorks, a global software consulting firm. You know, "blue ocean" has never lacked players. Some Internet companies are trying their best to land on the beach, and have established the blockchain instry market as an inevitable choice for development. In China, netxin technology, a wholly-owned subsidiary of Xunlei, has used blockchain technology in the innovative cloud computing mode - "shared computing"
earlier, Xunlei implanted the concept of sharing economy into the field of cloud computing, and created an original" sharing computing "mode. By collecting users' idle computing resources, Xunlei transformed them into innovative cloud computing services for enterprises, On the one hand, it can effectively solve the social contradiction between the shortage of social computing resources and the high cost of computing, on the other hand, it can greatly rece the operating costs of enterprises. In August 2017, Xunlei launched a new sharing economy intelligent hardware player cloud. Its significance lies in that in the shared computing ecosystem, Xunlei joined the blockchain technology to issue player coins to users who share idle resources such as bandwidth, storage and computing power through the player cloud intelligent hardware
playcoin is a digital asset created based on blockchain technology in the thunderbolt shared computing ecosystem. With the launch of playcoin, Xunlei has become the pioneer of blockchain technology in China, and also has many advantages in its shared computing. Firstly, playcoin, based on shared computing and blockchain technology, ensures that the payment and income of users' shared computing resources and content are equal through smart contracts, which cannot be denied; Secondly, through decentralized accounting records, all transactions are true and transparent; Third, register users' right and modify records through blockchain to protect users' right from infringement
in fact, blockchain technology has strong advantages in network security, cross-border payment and other fields, and also has important value for building a community of destiny in cyberspace. On October 31, 2017, Chen Lei, CEO of Xunlei group and CEO of netxin technology, put forward the all in blockchain strategy and announced that Xunlei will increase investment in blockchain technology starting from the player cloud to explore the application of cloud computing and blockchain technology integration. On the day of the press conference, playmaker cloud also signed a right content distribution agreement with 4K garden, trying to integrate shared computing and blockchain technology to provide a platform for right distribution and content distribution. In the future, blockchain will generate more application scenarios in thunderbolt's shared computing ecosystem. Xunlei's innovative attempt may give more inspiration to developers of other blockchain technology applications
at the same time, as a leading enterprise in the blockchain application market, Xunlei is also actively guiding the healthy development of blockchain applications, insisting on not doing ICO, not going to the third-party trading platform, and severely cracking down on the third-party platform for illegal trading of customer coin, and cracking down on speculation and speculation through such measures as the real name system of customer Coin Wallet. Therefore, blockchain application developers should also abide by the law and avoid risks
based on the blockchain technology, Xunlei's "player cloud" takes the lead in building the C-end application of China's blockchain technology, which promotes China's blockchain technology to participate in the ecological development of global blockchain and creates important value in the development of digital economy“ The development history of the Internet is a history of innovation and Entrepreneurship of Internet talents. " The development of blockchain also needs a lot of talent support. We are looking forward to the birth of "blockchain +" Application in the first domestic blockchain developer competition
Contracts, transactions and their records are an important part of our social, economic, legal and political systems. They protect our assets and define the boundaries of the organization. They formed and verified our personal identity and various historical events. They manage a series of activities between the state, organizations, communities and indivials. They direct all management and social activities. But these key tools and the bureaucracy that manages them have not kept pace with the digital transformation of the economy. It's like F1 racing in a big jam. In a digital world, our way of supervision and administrative control must be changed
blockchain has the potential to solve this problem. As the core supporting technology of bitcoin and other virtual currencies, blockchain is an open, distributed ledger, which can effectively record the transaction records between the two parties, and can be verified and permanently saved. The ledger itself can be programmed to automatically trigger transaction completion
five basic principles of blockchain technology
1. Distributed database
each party on the blockchain can obtain all data and complete historical records. No one can control data or information. Each party can directly verify the records of all parties to the transaction without mediation
2. Point to point communication
each independent point can communicate directly without a central node. Each node can store information and transfer all information to all other nodes
3. Limited transparency
users who have access to the system can see every transaction and its value. Each node or user on the blockchain has a unique address composed of letters and numbers, which can be used as the identity of the user. Users can choose to remain anonymous or disclose their identity to others. Transactions occur between addresses on the blockchain
4. Records cannot be changed
once the transaction results enter the database, the account information will be updated accordingly, and the records cannot be changed, because these information are related to all previous transaction records (this is the source of the term "chain"). Various calculation algorithms and methods are used to ensure that the records in the database are permanent, sorted in chronological order, and can be seen by all other people in the network
5. Computational logic
the digital nature of the ledger means that blockchain transactions can be connected with computational logic, and can actually be realized by programming. All users can set algorithms and rules, so that transactions can be automatically triggered between nodes
with blockchain technology, we can imagine that in a new world, contracts are stored in a transparent shared database in the form of digital programming, and will not be deleted, tampered with or revised. In such a world, every protocol, every process, every task and every payment will have a digital record and a digital signature that can be identified, verified, stored and shared. Intermediaries such as lawyers, brokers and bankers are no longer necessary. Indivials, organizations, machines and algorithms can freely interact and trade with each other without friction. This is the infinite potential of blockchain
in fact, almost everyone has heard that blockchain will bring revolutionary impact on enterprises and redefine enterprises and economy. Although we are enthusiastic about the potential of blockchain, we are also worried about exaggeration. It's not just security issues (such as the collapse of a bitcoin exchange in 2014 and the recent hacker attacks) that worry us. The experience of research on technological innovation tells us that if there is a blockchain revolution in the future, there will be many obstacles - technological, governance, organizational and social obstacles. It is likely to lead to a big mistake to rashly apply blockchain technology innovation before we really understand blockchain thoroughly
we believe that it will take many years for blockchain to bring real changes to enterprises and governments. Because blockchain is not a "disruptive" technology, disruptive technology can impact the traditional business model with low-cost solutions, and can quickly replace traditional enterprises. We believe that blockchain is a basic technology: it has the potential to create a new foundation for our economic and social system. But its impact is very extensive, and it will take decades for blockchain to penetrate into economic and social infrastructure. The process of blockchain popularization will be graal, and this process and its strategic significance will be the focus of this paper
technology adoption mode
before discussing blockchain strategy and investment, let's recall the technology adoption process we know below, especially the adoption process of other basic technologies. One of the most relevant examples is the distributed computer network technology, that is, the adoption of TCP / IP protocol, which has laid the foundation for the development of the Internet
TCP / IP first appeared in 1972 and has been widely concerned in an independent application scenario: it is the basis for sending e-mail between researchers on ARPANET, which is the predecessor of the commercial Internet developed by the U.S. Department of defense. Before TCP / IP, the communication system architecture was built on the basis of "circuit switching". The connection between two parties or two machines must be preset and maintained through the switch. In order to ensure that any two nodes can communicate, telecom service providers and equipment manufacturers have invested billions of dollars in dedicated lines
TCP / IP has completely changed the above mode. The new protocol digitizes the information and decomposes it into many small packets, each packet contains address information. Once these packets are released into the network, they can reach the receiver by any route. The data sending point and receiving point in the network can decompose the data packets, combine the data packets again, and interpret the data. There is no need for dedicated lines or large-scale infrastructure. TCP / IP creates an open and shared public network, which has no central organization or main body responsible for maintenance and update
traditional telecom enterprises and related enterprises are suspicious of TCP / IP. Rarely imagine that data, information, audio and video can be established under the new system, and rarely imagine that the related system will be very safe and develop rapidly. However, from the late 1980s to the 1990s, more and more enterprises, such as sun, next, HP and silicon graphics, used TCP / IP to develop their internal LAN. By doing so, they have developed technologies that go beyond e-mail and graally replace traditional LAN technologies and standards. With the adoption of these newly developed technologies and tools, the proction efficiency of enterprises has been greatly improved< In the mid-1990s, the emergence of the world wide web made TCP / IP widely used. The newly founded high-tech enterprises began to provide relevant "tools" - hardware, software and related services, which are necessary for connecting with the current open network and exchanging information. Netscape has commercialized browsers, web servers and other tools and components. Sun company promotes the development of Java. With the exponential growth of information on the Internet, Infoseek, excite, Altavista, and Yahoo are leading users to use TCP / IP technology
once this basic infrastructure is widely accepted, the new generation of enterprises can seize the opportunity brought by low-cost Internet access to create more Internet services, which in turn helps to replace the original business model. CNET has moved news online. Amazon sells more books than any physical bookstore. Priceline and Expedia make it easier to buy tickets, and the whole purchase process is more transparent. These new enterprises expand their business at a very low cost, making traditional enterprises such as newspapers and physical retail stores feel unprecedented pressure
relying on the widespread Internet, enterprises can create novel and revolutionary applications, which are enough to fundamentally change the traditional business model and create value. These enterprises are built on the new P2P architecture, and generate value by coordinating the users of the distributed network. Imagine how eBay has changed the online retail business through auction mode, Napster has changed the music instry, Skype has changed the telecommunications instry, and Google has changed the Internet search by using the links formed by users to provide more accurate search results
many enterprises have used blockchain to track goods in the supply chain. Finally, it took more than 30 years for TCP / IP to become widely accepted - used alone, locally applied, replaced and transformed - and reshape our economy. Today, more than half of the world's most valuable listed companies are Internet driven, platform based business models. The foundation of our economy has fundamentally changed. Physical assets and proprietary intellectual property rights are no longer the guarantee of competitive advantage; Enterprises that lead economic development can play a key role, especially in organizing, influencing and coordinating a wide range of community networks, users and organizations
new system
blockchain, the P2P network at the top of the Internet, came into people's view as the core foundation of bitcoin in October 2008. Bitcoin is a virtual monetary system, which does not issue currency through the central authority, transfers ownership and confirms transactions. Bitcoin is the first practical application of blockchain technology
the similarities between blockchain and TCP / IP are obvious. Just as email allows people to exchange information, bitcoin allows people to trade with each other. The development and maintenance of blockchain is open, distributed and shared - just like TCP / IP. There's a group of volunteers around the world maintaining their core software. Like email, bitcoin has received enthusiastic support from people at the beginning, but only a relatively small number of people
TCP / IP greatly reces the cost of interconnection, thus creating new value for economic development. Similarly, blockchain can significantly rece transaction costs. Blockchain has the potential to become all transaction recording systems. If this becomes a reality, new enterprises based on blockchain technology will influence and control emerging instries, and the economy will experience fundamental changes again
let's first look at how enterprises operate. Recording transactions is the core work that every enterprise must do. These records track past activities and achievements and provide guidance for the future. They can not only let people understand how the enterprise operates internally, but also let people know how to keep in touch with the outside world. Every enterprise or organization has its own records, and these records are private and confidential. Many enterprises do not have a general ledger record of all activities of the enterprise; On the contrary, all records are scattered in various branches or departments within the enterprise. The problem is that it takes a long time to coordinate transactions between indivials and private ledgers
Sharing area network:
the application scope of blockchain technology is still very wide. Based on the characteristics of decentralization, distrust, collective maintenance and reliable database, its application in the financial instry is the first step
blockchain is the underlying technology of bitcoin, and the application and development of blockchain in digital currency is mature
like the block chain based trading system development scheme provided by Yingtang Zhongchuang, the developed software system has great safety factor and transparency
according to Xiao Wang, the concept of blockchain as a service (baas) is mainly proposed by Microsoft and IBM. To put it bluntly, it is actually a new type of cloud service, a cloud service combined with blockchain technology. For example, Microsoft's azure cloud computing platform and IBM's bluemix garage cloud platform all provide blockchain as a service baas
blockchain as a service (baas) is a space created by enterprises such as Microsoft and IBM from their own cloud service network to run a blockchain node. Compared with ordinary nodes and exchange nodes, the main purpose of baas nodes is to quickly establish the development environment they need, and provide a series of operation services based on blockchain, such as search query, transaction submission, data analysis, etc. these services can be centralized or decentralized to help developers verify their concepts and models faster. The service of baas node is reflected in: it is more instrumental and easy to create, deploy, run and monitor blockchain.
according to Xiao Wang, the concept of blockchain as a service (baas) is mainly proposed by Microsoft and IBM. To put it bluntly, it is actually a new type of cloud service, a cloud service combined with blockchain technology. For example, Microsoft's azure cloud computing platform and IBM's bluemix garage cloud platform all provide blockchain as a service baas
blockchain as a service (baas) is a space created by enterprises such as Microsoft and IBM from their own cloud service network to run a blockchain node. Compared with ordinary nodes and exchange nodes, the main purpose of baas nodes is to quickly establish the development environment they need, and provide a series of operation services based on blockchain, such as search query, transaction submission, data analysis, etc. these services can be centralized or decentralized to help developers verify their concepts and models faster. The service of baas node is reflected in: stronger tool, easy to create, deploy, run and monitor blockchain..
blockchain as a service (baas) is a space created by enterprises such as Microsoft and IBM from their own cloud service network to run a blockchain node. Compared with ordinary nodes and exchange nodes, the main purpose of baas nodes is to quickly establish the development environment they need, and provide a series of operation services based on blockchain, such as search query, transaction submission, data analysis, etc. these services can be centralized or decentralized to help developers verify their concepts and models faster. The service of baas node is reflected in: it is more instrumental and easy to create, deploy, run and monitor blockchain.
Bubi (Beijing) Network Technology Co., Ltd. (hereinafter referred to as Bubi) is a leading blockchain technology service provider in China. Since its establishment, Bubi has been focusing on the R & D and innovation of blockchain technology and procts. It has a number of core technologies, and has made substantial innovation in many aspects, forming a number of core technological achievements, For example: mathematically proven distributed consensus technology, fast large-scale account book access technology, multi chain general ledger technology supporting business form expansion, interconnection technology between heterogeneous blockchains, etc. We have developed our own blockchain basic service platform, which has been applied in equity, supply chain, credit and other fields. Bubi has been committed to building an open value circulation network with the core of decentralized (polycentric) trust, so that digital assets can flow freely
on April 25, China's first asset based blockchain integration platform, gege integration, jointly built by Bubi company and Guangdong gege Integration Application System Co., Ltd., was ceremoniously launched“ "Gege integral" introces the integral system into the concept of blockchain. It is jointly opened by multiple parties, and points are issued and exchanged to promote the circulation of points. All cooperative institutions can jointly participate in transaction verification, account book storage and real-time settlement; The third-party payment platform of the enterprise points issuer makes the points in and out more flexible
traditional points are debt based points, which are characterized by scattered points, weak consumption, more restrictions on use, cumbersome exchange and difficult circulation. If a merchant "issues" the integral, B merchant does not give cash; At the same time, the points can not be transferred or given away, which leads to the limited brand communication of the points issuers. In addition, the use of traditional points often has a certain period of time, which will be automatically cleared after expiration. The grid points with blockchain as the bottom layer have the following characteristics: the number of points issued by each merchant can not be forged, tampered or deleted; Lattice integral has a unique number, and the circulation of all integral can be traced; The integral data is stored in the whole network, even if 99% of the network fails, the integral information will not be lost. The validity period of grid points is permanent by default, and users can hold and use it with confidence. This kind of integral has the characteristics of free circulation, mutual gift, convenient exchange, breaking into a whole, comfortable communication, etc. for users, it is more disposable and more valuable. For merchants, the active points promote brand communication, increase the stickiness of consumers and merchants, and also benefit merchants to share and complement customer data
at the press conference, a number of contractors issued bonus points. The guests experienced the whole process of points collection, gift and exchange. Nearly a thousand participants also experienced points collection, account creation and points transfer. This unprecedented barrier free exchange of points made the interactive atmosphere of the conference high
Huang Xiaogang, chairman of Guangdong gege integral operation system Co., Ltd., said that the gege integral platform will be a super large integral platform. With the rapid growth of users, the number of businesses entering will increase and the brand effect will become greater and greater. As an open business integral platform, it will bring a revolutionary reform to China's integral system. Bubi firmly believes that there will be more and more store points merchants accessing the platform to jointly build a trusted digital asset platform and realize the free distribution and circulation of points. Then, Bubi team will also give more support in the field of blockchain technology. The Internet in the future must be an infrastructure that can provide reliable and free flow of value
Jiang Hai, founder of Bubi blockchain: let digital assets flow
Dr. Jiang Hai has a deep accumulation in blockchain technology, distributed computer network and network information security. Bubi company, founded by him, focuses on the innovation of blockchain technology and procts, has a number of core technologies, and has developed its own blockchain service platform. With decentralized trust as the core, we are committed to building an open value circulation network to let digital assets flow freely
Yu Tingting: please introce Dr. Bu Jiang to us what Bubi does<
Jiang Hai: what Bubi needs to do is a new technology and proct to realize the real value circulation and make the Internet reach a new height. With the application of this technology, when transferring assets, there will be no central organization, which can realize the direct transfer of assets between us. In the future, if the network itself can settle the bill, we can transfer it directly, and we don't need to go through an intermediary< Guo Feng: with the development of Internet in China for more than 20 years, the zero cost transmission of point-to-point information has been solved, but the transmission of value and credit is difficult to achieve. Is there a way to solve this problem? Fortunately, there are! That's what Bubby is doing<
Yu Tingting: it sounds like a world shaking thing to me. Even you will eliminate many instries and remove the intermediary of many instries<
Jiang Hai: at present, all the major banks, investment banks and exchanges are carrying out initial research and experiments in this field
"blockchain" is the underlying technology of bitcoin, like a database ledger, recording all transaction records. Because of its safety and convenience, this technology has graally attracted the attention of the banking and financial instry
Jiang Hai: because today's blockchain technology, which has attracted worldwide attention, is completely different from the original bitcoin blockchain technology
Yu Tingting: so you (Guo Feng) are investing in the brains of these scientists< Guo Feng: traditional technology plus blockchain can make the technology to a new level. In fact, what they are doing now is blockchain +
Yu Tingting: now, from the perspective of an investor, is there any risk<
Guo Feng: if the real disruptive innovation is too tangled with its business model at the beginning, it will not be invested. The greater the differentiation, the greater the prospect of the business model. This is my understanding. However, there is no company in China to do the underlying technology, so we did not hesitate to invest in such a team<
Jiang Hai: I hope our common cause will blossom and bear fruit in 2016 and after 2017, and we can go to the international forefront in the blockchain instry
Yu Tingting: I hope I have the honor to witness it.
adhering to the concept of vigorously exploring blockchain policy research and promoting blockchain R & D, promoting application landing, enhancing the influence of science and Technology Bureau in the international field, and promoting the healthy development of blockchain.