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Development trend of China's blockchain in 2018

Publish: 2021-04-19 01:28:53
1. Since 2018, the blockchain instry has been booming. The exploration and application of blockchain is not limited to the underlying platform. Internet giants and financial giants have strengthened the application of blockchain in finance, public welfare, commodity traceability and other fields, especially in the financial field. The application with blockchain technology as the core has been accelerated
the blockchain instry is in the stage of rapid development
China's blockchain instry is in the stage of rapid development. According to the data of the "in-depth analysis report on business model innovation and investment opportunities of blockchain instry" released by foresight Instry Research Institute, by the end of March 2018, the number of blockchain companies with blockchain business as the main business in China has reached 456, from upstream hardware manufacturing, platform services, security services to downstream instrial technology application services, To ensure the development of the instry investment and financing, media, talent services, companies in various fields have been basically complete
according to the classification of application scenarios of top 20 enterprises in the ranking list, in addition to 13 enterprises focusing on the infrastructure and platform construction of blockchain such as underlying platform and blockchain hardware, the application scenarios of blockchain have graally enriched. According to the distribution of instry segments, there are 7 instry application companies, mainly Internet companies (Alibaba, Jingdong, Tencent) used in public welfare and commodity traceability, and innovative financial technology applications evolved by financial enterprises (Ping An, CMB, BOC), such as supply chain finance, bills and transaction clearing
as the blockchain can realize the non tampering of information, the possibility of data falsification is eliminated from the root, especially in the financial instry, which has high requirements for real data, it will embrace the blockchain more actively
analysis on the development trend of blockchain
Second, 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
fourthly, blockchain creates a new platform economy and opens a new era of sharing economy
fifthly, blockchain accelerates the process of "credible digitization" and drives finance to "move from virtual to real" to serve the real economy< Sixth, the blockchain supervision and standard system will be further improved, and the instrial development foundation will continue to be consolidated
in addition, as an emerging technology, there are still many technical difficulties in the application of blockchain in the actual proction environment of the financial instry, such as throughput, scalability, consensus mechanism, privacy and security, manageability, etc
technological innovation such as blockchain is of great significance to the financial instry, which is expected to accelerate the process of "credible digitization" and continuously drive the financial instry to "move from virtual to real".
2.

-- for the above data sources and analysis, please refer to analysis report on market outlook and investment strategic planning of China's blockchain instry of foresight Instry Research Institute

the research process of instry technology is constantly advancing

in recent years, the research process of global blockchain technology has accelerated, and the number of instry patent applications has increased rapidly. According to sopat statistics, from 2014 to 2018, the number of global blockchain patents continued to rise, and by 2018, the number of global blockchain patent applications had reached 2966. Among them, the number of patents in China's blockchain in 2018 accounted for 33.33% of the total number of patents in 2014, and increased to 82.1% in 2018

however, despite the continuous development and innovation of global blockchain technology in recent years, there is no universal evaluation standard and system to specify the technical performance, efficiency, scalability, security and other issues of blockchain. On the whole, blockchain technology needs further breakthrough



China's blockchain technology tends to serve applications

in terms of technology, the core of China's blockchain technology is to serve physical applications, while the US blockchain technology is still solving the potential problems of blockchain, which leads to the domestic focus on alliance chain applications, We hope to optimize the blockchain technology to meet the requirements of high concurrency applications; Foreign countries focus on the application of public chain, and carry out the optimization and innovation of core technology according to the characteristics of public chain. In terms of application, domestic blockchain focuses on the application of service instry and tends to be "non currency blockchain"; Most of the U.S. is a public chain, which tends to the circulation of digital assets

3. Wangchain technology uses blockchain technology to record the whole process data of procts from proction to users, so as to ensure that the information is transparent, authentic and tamperable, and realize information sharing in proction and circulation.
4.

In 2014, Barry Silbert, founder of secondmarket, separated the bitcoin investment fund from the original company and established grayscale investments

in 2015, gray investment company was merged into the newly established digital currency group (DCG). DCG is not only focused on digital currency and blockchain investment, but also an incubator for start-ups. In addition to gray investment company, DCG also has two subsidiaries, namely, genesis, a cryptocurrency OTC broker, coindesk, a blockchain news and information website, and more than 150 other blockchain companies / projects invested

after years of development, gray investment company has become the largest cryptocurrency asset management company in the world, and its cryptocurrency trust scale has reached US $2.58 billion

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extended information:

in 2013, Barry Silbert, the founder, convinced the board of directors of secondmarket company to set up a bitcoin investment fund called bitcoin investment trust, which is the predecessor of gray scale bitcoin trust. It was not until September 2017 that gray investment's bitcoin trust fund began to grow explosively

it has become the largest bitcoin investment trust in the world, with more than 408500 bitcoins, nearly 2% of the total. In addition to bitcoin trust funds, gray investment company also launched BCH, ETH, etc, horizon, LTC, XLM, XRP and Zec trust funds, as well as grayscale digital large capital fund with mainstream currencies. Gray investment company's cryptocurrency trust procts provide convenience for institutional users to purchase cryptocurrency

5. We should adhere to the principles of combination of dredging and blocking, classified teaching, multi-party participation and comprehensive policy implementation, take modern culture as the guide, take the governance of "three non" as the main content, and take the elimination of religious extreme thoughts such as "jihadi martyrdom into heaven" as the main goal. We should adhere to the principle of hard attack and hard ecation and guidance; We should make good use of the "five keys", push forward the "de radicalization" work from the perspective of governance of religious extremism. Under the strong leadership of prefectures and cities, we have achieved remarkable results through efforts at all levels.
6.

The sudden epidemic situation has pressed the "pause" button for many instries, but science and technology is the most effective means to fight against disasters. Blockchain technology has realized the combination with finance, logistics, supply chain, government affairs, public welfare, urban management and other application fields. At the same time, e to the imperfect development of technology, the role of blockchain in the prevention and control of the epidemic is very limited, so we need to explore deeper scenario applications

from the survey data, the main application directions of instrial blockchain in the post epidemic period include: traceability, financial (including insurance) supervision, collaborative sharing. Deposit certificate, digitization, credit investigation, digital asset transaction, etc

in the main application direction of instrial blockchain in the post epidemic period, more than 70% of enterprises choose traceability and financial (including insurance) supervision, in addition to collaborative sharing and certificate deposit. Digital also has more than 60% of the enterprise choice, compared with the low choice rate of credit reference and digital asset transaction, in which the choice rate of digital asset transaction is less than 50%, only 48%



to avoid risks and promote the healthy development of instrial blockchain

as an emerging technology development direction and instrial development field, blockchain has been widely concerned. The application of instrial blockchain is accelerating, which is mainly reflected in two aspects:

first, in the past, open source systems were represented in technology, and most of them were open source projects oriented to consumers, but now many projects oriented to instry and enterprise characteristics have been added; At the same time, more and more enterprises such as Internet giants and high-tech enterprises begin to enter this field, indicating that the era of instrial blockchain has come

secondly, the emergence of blockchain reces the threshold of trust and the cost of realization, enabling some financial and trade scenarios that could not be realized before to be realized. In this way, some new financial forms can be derived, providing more space for financial innovation

although the application of instrial blockchain is speeding up, it is still in an early stage of development. This is mainly reflected in the fact that blockchain technology alone can not fully solve the trust problems and information island problems between entities, and the emergence of blockchain technology also puts forward new problems for the current law and regulation

because of its decentralized and difficult to tamper with characteristics, blockchain has become a comprehensive subject driven by technology and deeply affecting economy, finance, society, organizational form and governance. In addition, blockchain technology is not yet fully mature in system stability, application security, business model and other aspects, which puts forward requirements for privacy protection and storage capacity of data on the chain

it should be noted that the current blockchain instry has been involved in many technical fields such as it, communication, security, cryptography and so on. What it needs is a kind of compound talents, which poses new challenges to personnel training and school ecation

the short-term impact of blockchain should be treated calmly to avoid overestimation. At the same time, it is necessary to further strengthen laws and regulations and supervision to avoid the possible risks of blockchain technology, so as to promote the healthy development of instrial blockchain

- for more data sources and analysis, please refer to the analysis report on China's blockchain instry market outlook and investment strategic planning of foresight Instry Research Institute

7.

In our lives, we create an unprecedented amount of data. From social media to digital footprint, we use services such as Netflix, Fitbit or networked systems. Every second, 900000 people click on Facebook, 452000 log on to twitter, and 3.5 million use Google search

this happens so fast that the amount of data now doubles every two years, and this growth (and the opportunities it provides) is what we call big data

the absolute value of this data means that an instry and an enthusiastic, non-commercial driven community develop around big data. Just a few years ago, however, only large companies had the resources and expertise to take advantage of this scale of data. The shift to a "service" platform has reced the need to spend heavily on infrastructure. The explosion of data makes many other trends possible today, and learning how to use it will increase the prospects of anyone in any field

8. In our lives, we create an unprecedented amount of data. From social media to digital footprint, we use services such as Netflix, Fitbit or networked systems. Every second, 900000 people click on Facebook, 452000 log on to twitter, and 3.5 million use Google search
this happens so fast that the amount of data now doubles every two years, and this growth (and the opportunities it provides) is what we call big data
the absolute value of this data means that an instry and an enthusiastic, non-commercial driven community develop around big data. Just a few years ago, however, only large companies had the resources and expertise to take advantage of this scale of data. The shift to a "service" platform has reced the need to spend heavily on infrastructure. The explosion of data makes many other trends possible today, and learning how to use it will increase the prospects of anyone in any field.
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