Issues on blockchain in the two sessions

1. Driven by policy and market, blockchain instry has a bright future
driven by policy and market, China's blockchain related instries are expected to move from virtual to real
in the context of rapid development of blockchain, China should comply with the needs of globalization, keep up with the international pace, and actively promote the research, standardization and instrialization development of domestic blockchain related fields. Compared with the increasingly stringent supervision of bitcoin and other digital currencies, the support and encouragement of blockchain technology has reached a consensus in the world, and the domestic blockchain technology will also receive national and local policy support in the next few years. Driven by policy and market, blockchain related instries are expected to move from virtual to real, and blockchain technology will accelerate the exploration of possible application scenarios< 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, the global blockchain market scale is expected to increase from US $411.5 million in 2017 to US $7683.7 million in 2022, with a compound annual growth rate of 79.6%. In view of the wide application range of distributed ledger, the rising market value of cryptocurrency, the strong demand for improving transparency, security, efficiency and simplifying process, and the popularity of blockchain as a service (
baas), the blockchain market will expand rapidly. In addition, communication services, international trade, supply chain management, programming platform, payment, smart contract, digital authentication and so on are also in urgent need of blockchain technology, which will create a lot of growth opportunities
as an integrated application of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other technologies, blockchain has become a research hotspot of the United Nations, the International Monetary Fund and other international organizations as well as many national governments in recent years, and the instry has also increased investment. At present, the application of blockchain has extended to the Internet of things, intelligent manufacturing, supply chain management, digital asset trading and other fields, which will bring new opportunities for the development of cloud computing, big data, mobile Internet and other new generation information technology, and have the ability to trigger a new round of technological innovation and instrial change
by 2022, the payment sector may occupy the largest share of the blockchain market
relying on blockchain technology, real-time payment of assets can be realized, which not only has the characteristics of tamper proof and digital authentication, but also can greatly save the cost of settlement for financial institutions and banks. In addition, blockchain makes payment automation possible, eliminates the need for middlemen, and saves labor costs and time for buyers and sellers. Thanks to the above advantages, it is expected that the payment sector will be the heaviest one in the whole blockchain market
the fastest growing region will be the Asia Pacific region.
blockchain service providers in the Asia Pacific region are good at designing and developing cryptocurrency platforms with friendly interface, cost saving and high speed, and extending the application of blockchain in many instries. Both large enterprises and small and medium-sized enterprises are actively seeking risk financing, investing in and developing the most cutting-edge blockchain technology. In addition, the real estate instry of some countries in the Asia Pacific region is expected to rapidly transform from translucency to full transparency, which also helps to enhance the development prospects of blockchain in the Asia Pacific region.

2. No
although the currency circle is in a bear market, blockchain is not useless without cryptocurrency
the blockchain instry has developed rapidly in recent years, and more and more blockchain technologies appear in front of people. More and more blockchain applications are landing, blockchain e-invoice, blockchain traceability, blockchain finance and so on. Talents in the blockchain instry are also very scarce. Many colleges and universities in China have set up blockchain courses to provide talents for the blockchain instry
the development of a new technology will inevitably encounter setbacks, and the blockchain instry will grow stronger in the future.

4. After the speech on October 24, 2019, blockchain has become a national strategy. Since then, relevant development policies have been issued all over the country. In 2020, it is proposed to promote the development of cultural instry. The Fifth Plenary Session of the 19th Central Committee of the Communist Party of China deliberated and adopted the "proposal of the CPC Central Committee on formulating the 14th five year plan for national economic and social development and the long-term goals for the year 2035", which clearly proposes to build a cultural country by 2035, and points out that cultural undertakings and cultural instry should be prosperous and developed, Improve the soft power of national culture. The combination of cultural instry and blockchain is an inevitable trend.

5. After all, it's all digital development now, and it's reasonable that blockchain, as the infrastructure of digital economy, has aroused heated discussion in the two sessions. For example, Hangzhou's fun Chain Technology specializes in blockchain, and has been focusing on blockchain technology procts and application solutions for many years. Its procts have been widely used in finance, people's livelihood, government affairs, justice, energy, manufacturing and other key fields.

6. Blockchain + finance, blockchain + logistics, blockchain + retail... There is a lot of application space for blockchain, and there is room for blockchain in all walks of life. Now there are also some projects that have realized the application landing, such as the cooperation between ine and miss group, the super router of ine, etc. These are well-known application landing cases.

7. Seven misunderstandings about blockchain
blockchain based systems have broad prospects in the future, but we need to be very clear about what blockchain can do. Imagine the blockchain technology in the next 20 years, its impact may be as big as the Internet
however, it is shocking that we mainly see today that the project seems to be based on decentralized design, but in fact there are some misconceptions about blockchain
if we want technology to continue to move in the right direction, we need to turn this craze into proctive and realistic expectations, so as to rece the possibility of the supply chain falling to the bottom. Once it falls to the bottom, it may be abandoned in the corner with meaningless proof of concept
let's take a look at the seven misconceptions of unrealistic expectations for blockchain:
misconception 1: highly scalable
compared with traditional (server based) trading methods, blockchain deployment does not have real scalability, and the current trading time depends on the slow party. They are only scalable for certain types of transactions, such as transactions with small payloads and transactions close to certain limits. You can't just pile up information on the blockchain
Myth 2: it is absolutely secure
although the blockchain is based on encryption standards, the method to ensure privacy is completely outside any blockchain standards and implementation. Only encryption experts can really understand and verify blockchain integration. However, each implementer has the responsibility to ensure security, so this approach is largely the same as the management of financial transactions in the old era
mistake 3: trustworthy
the blockchain ensures the integrity of transactions and information, otherwise anything stored in the blockchain cannot be trusted. You need to make sure that the parties that store the facts in the blockchain are trustworthy and that the facts are true to determine that they are truly trustworthy. This governance model allows multiple parties to be jointly and severally liable for the infrastructure, and requires secure access to store facts in the blockchain
myth 4: you can put anything in the blockchain
blockchain is a protocol represented by code, which is not defined according to any standard. There is no standard body to provide rules or guidance for the implementation of sanctions
generally, you can only handle small payloads, and you still need to reach an agreed standard among all participants so that anyone can understand what is stored
myth 5: you can express anything in a smart contract
although this is technically feasible, in practice, blockchain is limited to simple and easy to understand use cases. Smart contracts are very complex in nature. By design, once released, you cannot modify or repair them. They contain very complex interactions and irreversible results
myth 6: if you don't like public chain, please choose private chain
private chain is not a channel to obtain privacy or access restricted information. In fact, you can even think that private chain should not be an open option. Nevertheless, enterprise blockchains may not be able to realize any inherent advantages of blockchain technology, and privately developed blockchains may lack the community and academic review necessary to ensure their attributes
myth 7: the size of the community doesn't matter
the blockchain procts promoted by the community are being forked by private players in all aspects, and they strengthen their role in various ways. However, a large community composed of users, users, scholars and implementers is the only force to ensure the validity of password attributes. Only the open source blockchain with the largest community and installation base will last. The rest can be regarded as experiments in the laboratory, of which 99.9% will die
a smart technician will move forward based on use cases and a set of first principles in his mind. First, there may never be a blockchain to manage all of them. Two different use cases require different blockchains. Some participants are many, some are few, some need strong privacy around facts, and some are fully transparent
considering all the above, what we can do together now is to innovate, tackle real business problems, and initiate and promote proof of concept to better understand the power of blockchain.

8. In the two sessions of this year, many provinces have incorporated the blockchain into the local "14th five year plan". It can be seen that the role of the blockchain is still very big. It is understood that at present, blockchain has been applied in many instries, such as government affairs, finance, supply chain, energy, chemical instry, agriculture, medicine, automobile, intellectual property and so on. It can be said that it is one of the core technology engines of new infrastructure
let's talk about the most understandable one. Isn't garbage sorting advocated now? In order to better promote the implementation of waste classification policy and effectively enhance the well-being of residents, Hangzhou Qulian Technology Co., Ltd. and Xi'an Sikes Internet of things Co., Ltd. jointly developed the first "Qulian intelligent waste classification system" based on "blockchain + aiot" technology in China. This system has been implemented in many communities and instrial parks in Hangzhou, such as "new lake Shangri La", "new lake film" and "cloud fox science and Technology Park", and has been widely praised.