Application of blockchain technology in China
Original title: China's blockchain instry market status and development trend analysis in 2019, widely used to accelerate the construction of Digital China. Basically, a relatively mature instrial chain has been formed. With the promotion of national policies and the increasing demand of downstream application fields, the market scale of China's blockchain instry is constantly developing, the regional concentration is high, and the instrial cluster effect is obvious. With the increasing maturity of blockchain technology, the blockchain instry is entering the 3.0 stage as a whole. It has a good performance in finance, logistics, right protection and other fields, and has made great contributions to promoting China's digital construction and accelerating the process of Digital China
instrial chain analysis of blockchain instry: there are many downstream application fields with huge development potential
from the perspective of instrial chain, China's blockchain instry includes upstream hardware, technology and infrastructure; Midstream blockchain application and technical services
application fields of downstream blockchain. The upstream hardware, technology and infrastructure mainly provide the necessary hardware, technology and infrastructure support for blockchain application. The hardware equipment includes mining machinery, ore pool, chip manufacturer, etc; General technologies include distributed storage, decentralized transaction, data service, distributed computing and other related technologies
the downstream application fields include the combination of application blockchain technology and existing instries, mainly including financial instry, logistics instry, right protection, medical health, instrial energy and many other fields. As an emerging technology, blockchain has many downstream application fields and great development potential
the application and service of midstream blockchain includes the construction of infrastructure platform and the provision of technical service support. The construction of infrastructure platform is divided into general infrastructure chain and vertical domain infrastructure chain; Technical service support includes technical support and service support. Similar to upstream technology, technical support is responsible for providing buyers with a series of technical support based on blockchain procts, such as blockchain security protection; Service support includes a series of services such as digital asset trading place, digital asset storage, media community, etc
instry chain analysis of blockchain instry Most of 360 and other enterprises use their own financial companies to apply blockchain technology to launch a new mode of blockchain + finance and broaden the application scenarios of blockchain technology
With the continuous development of China's blockchain technology and the continuous expansion of blockchain application fields, China's blockchain instry will become the forefront of global technology development and open up a new international competition track in the future2. Blockchain has become a new hot spot for innovation and entrepreneurship, and technology integration will expand new application space
3. Blockchain will be widely implemented in the real economy in the next three years and become an important support for the construction of Digital China
4. Blockchain creates a new platform economy and opens a new era of sharing economy
5. Blockchain accelerates the process of "credible digitization" and drives finance to "move from virtual to real" to serve the real economy
The blockchain supervision and standard system will be further improved, and the instrial development foundation will continue to be consolidated- original title: market analysis of China's blockchain instry in 2019: enabling various instries to accelerate the application landing, there will be two opportunities for future applications
2019 - blockchain "mainstream application year"
since August 2018, the electronic invoice of blockchain was issued for the first time in Shenzhen. So far, it has issued more than 6 million electronic invoices, with an amount of 4 billion yuan, and has access to more than 5300 enterprises, Covering more than 110 detailed instries. In addition to the field of electronic invoice, blockchain has also been successfully implemented in many project scenarios, such as supply chain finance, legal deposit, cross-border payment, etc.
at the recent "thousands of people watching fire" conference of blockchain instry, the reporter of economic daily learned that in 2019, the technology implementation and application has brought blockchain into the "mainstream application year". On the one hand, many Internet giants have a solid technical foundation, on the other hand, they actively explore more valuable scenarios to find development opportunities in the enabling real economy
"blockchain technology can play the role of anchoring, sharing and increasing trust in the whole social information flow, making the chaotic information credible. Compared with the past, this is a" qualitative leap. " Zhang Kaixiang, chief architect of Weizhong bank's blockchain, said, "risk control and business rules design based on trusted data can improve efficiency, rece risks and rece operating costs." He pointed out that as a connector, it is not meaningful for a single enterprise to operate the blockchain, and it is more meaningful to share it as an open source solution to realize the ecological co construction of the instry
"we have been exploring and practicing open source, starting from the underlying technology platform and combining with the scenes of finance, instry, Internet of things, culture and entertainment, to jointly build an open, transparent and efficient technology and instrial community. Open source ecology helps to activate the creativity of the instry. We will continue to start from the open source community and improve a complete set of systems such as system construction and skills training, so as to benefit more people. "
in 2019, the market scale of China's blockchain instry will exceed 100 million yuan
China's blockchain instry is still in its infancy, but with the continuous support of national policies, the continuous progress of instry technology and the increasing demand of downstream application fields, China's blockchain instry is expected to continue to maintain high-speed growth. According to the statistical data of in depth analysis report on business model innovation and investment opportunities of China's blockchain instry published by foresight Instry Research Institute, the market scale of China's blockchain instry was less than 6 million yuan in 2011, and the market scale of China's blockchain instry increased by 32 million yuan by 2017, By 2018, the market scale of China's blockchain instry has reached 67 million yuan, always maintaining a rapid growth rate of more than 80%. It is predicted that the market scale of China's blockchain instry will exceed 100 million yuan in 2019, and that in 2022, driven by policy support and downstream demand, the market scale of China's blockchain instry is expected to exceed 450 million yuan
market size statistics and growth forecast of China's blockchain instry from 2015 to 2022 
data source: the audited enterprise asset confirmation, registration and circulation records, etc., sorted out by foresight Instry Research Institute, are stored on the platform in the form of traceability. Based on this, banks can carry out fast financing and loan business, save the cost of guarantee and other links, greatly improve the efficiency, and make the risk of financing and loan controllable as a whole
electronic data storage is an important application field of blockchain technology.
the provisions of the Supreme People's Court on Several Issues concerning the trial of cases by Internet courts, which came into effect in September 2018, clearly states that electronic data storage can be solved by blockchain and other technical means. Xiang Dan, vice president of bibox digital asset trading platform, said that electronic data deposit is an important application field of blockchain technology“ Blockchain technology has the characteristics of preventing tampering, leaving traces in the event, post audit and security protection, which is concive to improving the credibility and authenticity of electronic evidence. The combination of blockchain and electronic data storage can rece the cost of electronic data storage, improve judicial efficiency and enable judicial business. For example, the contract management based on blockchain has been applied in many Internet courts. "
according to Zhou Jianrui, co founder of coinword, a trusted content community, the application of electronic data storage based on blockchain can also help deepen the reform of "release management and service" and improve administrative efficiency. In Beijing Haidian District and other pilot areas, blockchain technology is playing the role of efficient data sharing, secure transmission and credit support. When applied in the field of government affairs, it can realize real-time data sharing of various departments and effectively assist window personnel and examination and approval personnel to quickly verify the authenticity of materials. For example, the public security, civil affairs, housing management and other departments "on the chain", in dealing with real estate transactions can be fast and accurate, "one key" verification of multi-party information, greatly saving social costs
there will be two opportunities for the application of blockchain
because the social recognition of blockchain is not high, the people who understand and use blockchain are still very limited, and the penetration of blockchain into the real economy still needs a graal process. " Yuan Yuming, CEO of fire coin China, introced that they used the open, transparent and tamper proof characteristics of blockchain to explore a new path of art traceability and anti-counterfeiting by means of high-precision full pixel scanning and archiving; By constructing the trust mechanism in the multi-party cooperation scenario, the integral information platform for multi-party participation and resource sharing is developed“ Next, there will be two opportunities for blockchain application:
one is training. With the entry of enterprise giants one after another and the continuous penetration of the real instry, more people will learn about blockchain through training, which will become a new market demand
the second is to provide consulting and technical solutions to more traditional enterprises to help them penetrate the blockchain into more traditional fields and promote the consumption rection, efficiency enhancement, transformation and upgrading of the real instry. "
the main advantages of blockchain are that it does not need intermediary participation, the process is efficient and transparent, the cost is very low, and the data is highly secure
therefore, instries with any demand in these three aspects have the opportunity to use blockchain technology.
however, it is still in the experimental stage, but the capital has quickly followed up the layout. According to the data of the in-depth analysis report on business model innovation and investment opportunities of China's blockchain instry released by foresight Instry Research Institute, from 2012 to 2015, the amount of venture capital in the blockchain field increased by more than 200 times, from US $2 million to US $469 million, and about 205 venture capital institutions participated in the investment
with more and more capital and giants joining in, it is only a matter of time before blockchain breaks out. Generally speaking, the development of blockchain is the trend of the times. Chinese enterprises should grasp the opportunity, especially Internet financial enterprises, to grasp the upgrading opportunity.
the white paper on China's blockchain technology and application development (2016) issued by the Ministry of instry and information technology points out that blockchain is mainly used in the Internet of things, intelligent manufacturing, supply chain management, digital asset trading and other fields, which brings new opportunities for the development of new generation information technologies such as cloud computing, big data, mobile Internet, etc, It may also be able to trigger a new round of technological innovation and instrial change. Open source communities, instry alliances, backbone enterprises, start-ups, investment institutions, financial institutions and regulators are the participants in the development of blockchain technology and applications
as we all know, blockchain technology is first used in the financial field. The identity of blockchain is a decentralized distributed ledger database. Its features of transparent information, secure data storage and transaction process without any intermediary platform are particularly outstanding in this field, especially for supervision, anti-counterfeiting and improving processing efficiency... Blockchain technology seems to be full of unlimited possibilities
in China, financial enterprises, Internet enterprises, it enterprises and manufacturing enterprises also actively participate in the research and development and application promotion of blockchain technology, which makes the development momentum of blockchain rapid. For example, SF Express has been developing and deploying blockchain medicine traceability and UAV medicine transportation services in the field of medicine logistics, and recently it has officially realized the implementation of blockchain medicine traceability
however, no matter how great the role of blockchain is, when a new event or concept appears, we should pay more attention to all aspects of things. You know, the concept of blockchain was born in 2009 with the emergence of bitcoin, and it was not until around the beginning of 2018 that blockchain was graally known in China, and then Alibaba, Internet, thunderbolt and other large enterprises joined in one after another. It took nine years to develop the business that blockchain technology can support, but it seemed to burst out suddenly in 2018, It can even be said that it is the same as the outbreak without warning. Therefore, investors should be alert, and consider carefully whether to invest or not in combination with China's national conditions, social development degree and other factors, when China's domestic blockchain technology is just starting and immature
what blockchain technology can't do is first created by immature technology. At least in China, when blockchain is just emerging, the technology platform is not as good as that of foreign countries, and the business supported by technology should not be widely launched. The technical personnel applying blockchain should be patient, learn more advanced experience, and do things in detail
secondly, blockchain technology cannot regulate the fair, fair and effective operation of blockchain market. For example, as soon as blockchain technology has entered China, there are many fraudsters with the name of blockchain. They raise money and make money. It is difficult for the public to judge the difference between "technological innovation" and "fund-raising innovation", so they are easy to be cheated. Therefore, in the case of blockchain, it's up to time to make the technology independent and controllable and adapt to a variety of scenarios; If we want to make its value controllable, or give full play to its maximum value, it is decided by the supervision of government organizations, regulatory departments, experts and so on
even though the possibility of blockchain technology is infinite, the instry and market under it are in chaos frequently. If we do not list them one by one, there are still too few places that blockchain can "manage". In terms of how to correctly use blockchain technology to do what it should do, people should not be confused first, which shows that the whole society has a long way to go.
this is actually applied to the blockchain technology. For example, the technology of wangchain technology in this area is very mature, and its traceability system, vonetracer, can achieve this effect.