Blockchain with orderly development under regulatory norms

1. In September 2016, the international organization for Standardization (ISO) established the Technical Committee on blockchain and Distributed Accounting (ISO / TC 307), which is responsible for formulating international standards in the field of blockchain and distributed accounting. In March 2017, China Institute of electronic technology standardization undertook ISO / TC 307 domestic technical counterpart. In December 2019, the Ministry of instry and information technology organized the preparation of the National Technical Committee for standardization of blockchain and distributed accounting technology, and the undertaking unit of the Secretariat is China Institute of electronic technology standardization. At present, China Institute of electronic technology standardization is responsible for testing the blockchain system to see if it meets the blockchain standards. After passing the test, relevant certificates will be issued. Shenzhen blockchain instry will accelerate the development of standardization. On June 11, the fourth China blockchain development competition and the Guangdong Seminar on blockchain national standards and system testing standards were held in Shenzhen. The first blockchain standardization evaluation workstation that can professionally apply for and test national standards was established in Shenzhen.

2. Absrtact: blockchain technology is the underlying technology of bitcoin. Without any centralized organization operation and management, bitcoin has been running very stably for many years (perfectly for seven years), and there has been no problem (no missing account). Therefore, some people have noticed its underlying technology and abstracted bitcoin technology, which is called blockchain technology, Or distributed ledger technology
what is centralization

the so-called centralization means "ownership" or ownership by the company. For example, Tencent's q-coin, which is issued by Tencent, is a kind of centralized electronic currency, including the total amount and the issuing method, is supervised and controlled by Tencent. You can use it, trade and go shopping, but you always have to operate in the framework of Tencent, and the final right of interpretation belongs to Tencent

the issuing mode of bitcoin is preset by the program and encryption algorithm, and runs on multiple nodes all over the world. No one or organization can modify it (everyone has his own account book, so it is impossible for one person to control everyone's account book at the same time. If there is such a technology, why should it be so complicated, If you want to blackmail money into your account, you will be the richest man in the world. There is no one left, And it is not controlled by any single person or organization
take an example: for example, Lao Zhang borrows 100 yuan from Lao Li, but Lao Li is afraid that he will default, so he asks the village head to do notarization and write down the account. This is called centralization. But if you don't find the village head, you can use the loudspeaker to shout in the village: "I Lao Li lent Lao Zhang 100 yuan! Please put it in the account book. "We all put this account in our own account book. This is called decentralization
anyone who transfers money between them will release information through loudspeakers. After receiving the information, everyone will record the transaction in their own account book. With distributed ledgers, it doesn't matter if Lao Zhang or Lao Li's ledgers are lost, because Lao Zhao, Lao Ma, Lao Wang and other families have ledgers

the main advantages of blockchain are that it does not need intermediary participation, the whole process is open and transparent, and the cost is low, and the data security is high

at present, blockchain is in a stage where everyone talks about blockchain, but can't perceive its actual technical charm. Since 2017, it has graally come into our sight, and we have graally realized that bitcoin is more fierce than real estate speculation (the price of mining machinery has skyrocketed! The news is on the screen But I still don't know

so, in which fields can blockchain be applied, what kind of changes will it bring to our future life

the core key: everyone has an account book, everyone has an account book, and the information recorded in each person's account book is consistent and synchronous, and the information is completely transparent. If it is fake, it will be the public enemy of the whole people, which greatly increases the cost of data fraud

core key 2: decentralization, which does not need a central system to manage data, prevents some people from changing data and damages the interests of the majority of people

Application:

1. Account security and privacy protection: currency transfer, exchange, payment system. Blockchain can help prevent data manipulation and fraud, prevent distributed denial of service attacks (DDoS), and effectively protect users' network privacy. Key words: anti counterfeiting, anti-counterfeiting, loan payment

2. Copyright regulation and interest disputes: for example, when a song is downloaded, from the author to the procer and then to the singer, they can get payment in real time through the blockchain, without having to wait for a long time like the traditional way, or even get no reward e to right disputes. Instead of waiting for publishers to provide royalty checks, creators can freely control the process from publishing to payment through blockchain application. Key words: real time receipt, no property dispute

3. Internet of things + artificial intelligence: the intelligent devices in the Internet of things based on the blockchain will be used to monitor the real-time situation of urban infrastructure such as bridges, roads, power grids, etc. the blockchain can connect these intelligent devices together for unified management to help them monitor more efficiently. This will help people better understand how to build a smart city in the future. Key words: unified monitoring, intelligent city

4: proof of existence: in life, once you are asked to prove that you are you, that your mother is your mother, that you have never been married, that the house belongs to you, and so on, things seem very simple. Once it falls on you, it is a great trouble. The application of blockchain technology can perfectly solve the above embarrassment. At that time, all the information that belongs to you will be recorded accurately and can not be tampered with. No one has the right to change it. When the technology develops to a certain stage, birth certificate and marriage certificate may be recorded on the blockchain. Keywords: no keywords

in addition to the application scenarios mentioned above, blockchain technology can also be applied to e-commerce, data storage, logistics and other fields. As long as we grasp the characteristics of blockchain technology, it will become easy to understand.

3. 1) First of all, it defines the technical value and positioning of the blockchain. As I said at the beginning, the positioning of the blockchain should take the blockchain as an important breakthrough for core technology and independent innovation
2) blockchain, Internet and artificial intelligence should be regarded as technologies of the same height, and blockchain should formally enter our hard science and technology development category
3) pointed out the development and application direction of our blockchain, including the speech that the technology of blockchain has extended to many fields, such as digital finance, Internet of things, intelligent manufacturing, supply chain management, digital asset trading, and so on. In terms of application, there will inevitably be some regulatory or legal problems in the process of application, What are the instructions in this speech? He mentioned that we should implement the rule of law in the management of blockchain, and promote the safe and orderly development of blockchain
4) in the more important point of application and development, it is mentioned that the blockchain is from virtual to real, enabling entity, improving people's livelihood, obtaining instrial advantages, and better serving the development of the whole instrial economy. In fact, through the study of blockchain technology, from one side or the signal released, we express our attitude towards the innovation and leadership of blockchain. We hope that in the development of blockchain, we can first have our own core technology, and we should be a leader in today's fierce international competition
5) it is to enhance the market confidence of the whole blockchain instry, especially for the application and development of the whole blockchain technology. With a great increase in market confidence, it is bound to attract more people in the next period of time, including the capital market and for example, more talents and research applications will enter this field. More capital, more manpower and more other social related aspects, including the rule of law and legislation, will positively promote the application and landing of the whole blockchain technology. These are my four points of view or summary of blockchain technology learning
if you have been concerned about blockchain for a long time, in fact, from the national level, including the 13th five year plan, blockchain technology has been written into the 13th five year plan, which is developed as a parallel technology with artificial intelligence, big data and cloud computing. It has been introced in the second half of 2018, and the office of network information technology has put the blockchain application service on record, From all aspects, it is actually a positive guidance or protection for the development of the whole blockchain
of course, when it comes to blockchain, you may also say that blockchain always thinks of money speculation and so on. In fact, digital currency is only a relatively narrow field in the field of blockchain. We now include support from the mainstream of modern society or the national level, and more support for the application of blockchain technology in the real instry, The core advantage of blockchain technology is decentralization, which can realize point-to-point transaction, coordination and cooperation based on decentralized credit in the distributed system without mutual trust by means of data encryption, timestamp, distributed consensus and economic incentives, so as to solve the common high cost and low cost problems of centralized institutions Low efficiency and data storage insecurity provide solutions
the application fields of blockchain include digital currency, token, finance, anti-counterfeiting traceability, privacy protection, supply chain, entertainment, etc. with the popularity of blockchain and bitcoin, many related top domain names have been registered, which has a great impact on the domain name instry.

4.

China has started to establish a national standard for blockchain to promote the construction of blockchain standard system from top-level design, which is expected to be completed by the end of 2019 at the earliest

in this regard, Zhao Wu, founder of Beijing Huashun Xin'an Technology Co., Ltd., also said that although the blockchain has disruptive technology potential, we must realize that the blockchain is still in its infancy, far from reaching the stage of subverting the world

Yu Kequn stressed that the independent and controllable blockchain network is intended not to be controlled by others technically, but also to promote the healthy development of blockchain. Security is the future life of blockchain. Only its own security can make blockchain technology landing. This requires us to pay equal attention to the development of blockchain technology and its security attributes, even ahead of time

in this regard, Li Ming also said that an important part of the standard is the information security standard, which can also see the importance of security to blockchain technology. He also pointed out that the development of blockchain standards does not mean that it will rapidly promote the development of the instry, but give the instry certain guidance. Previously, China has suffered a lot in terms of international intellectual property rights and standards. In terms of blockchain, China has formed more than 200 patents in terms of international blockchain, and even stands in the forefront of world technology. Therefore, we also need to firmly grasp our right to speak

content source: Xinhuanet

5.

Using blockchain technology to store and issue electronic evidence is the basis of the application of blockchain technology in the legal field

in the whole life cycle of electronic data generation, collection, transmission and storage, blockchain technology can protect electronic data, prevent tampering, and leave traces of data operation

using blockchain technology to preserve electronic evidence, the electronic data that needs to be deposited is recorded in the form of transaction, stamped with time stamp, and recorded in the block, so as to complete the process of data preservation and deposit. In the process of data storage, multiple participant nodes witness together and maintain a distributed ledger, which greatly reces the possibility of data loss, tampering and attack

the combination of blockchain and electronic data storage can rece the cost of electronic data storage, facilitate electronic data collection and evidence identification, and improve litigation efficiency

6. Brother, you're kidding. How loud is that? Do you know

7. The only criterion for investing in a project is whether the project can make money for itself
blockchain projects are also projects. If you want to add value to your investment, you need to have the following aspects:
1, self-development ability, complete business system and investment guarantee mechanism. This is very important. Many projects do not mention the investment guarantee mechanism, which is to leave a way out for the future
PS: it's said that the project of global integral treasure is quite good. You can pay attention to it.

8. Regulatory Technology (regtech), like financial technology, is a new hybrid word in recent two years. Regulatory technology is composed of regulation and technology. IIF defines it as a new generation of technology application that can effectively solve regulatory and compliance requirements. It is believed that with the maturity and popularization of blockchain technology, regulatory technology will play an increasingly important role in the field of financial regulation
faced with the changing regulatory environment, financial institutions have become a heavy burden to invest in compliance costs and increase the amount of fines. From 2012 to 2014, JPMorgan spent $600 million to recruit 13000 employees to deal with financial regulation. At the same time, for regulators, increasingly stringent and escalating financial compliance requirements make regulatory data increasingly diverse and huge
improving real-time data processing, data analysis and automation has become an important demand in the financial field. Regulatory technologies such as blockchain, artificial intelligence, cloud computing, machine learning and big data are used to automatically collect fixed and non fixed data, efficiently analyze customer identity management, compliance, risk prediction, real-time transaction monitoring, data and internal management, and put forward risk prediction results report. That is to say, regulatory technology makes financial regulatory business it, which can improve the level of regulatory operation and effectively prevent financial risks.

9. What blockchain technology can't do
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.

10. Blockchain is the underlying technology of bitcoin, and bitcoin is the first application of blockchain technology. From the perspective of the application of blockchain technology, blockchain technology can be divided into three stages: the first stage is bitcoin, that is, a set of account system and currency issuance mechanism, which does not support other application development; The second stage is Ethereum, which adds a smart contract mechanism on the basis of improving the bitcoin block, so that everyone can develop applications on it; The third stage is the expansion stage similar to Ethereum, and the blockchain will complete the exchange of value
blockchain has the characteristics of decentralization, point-to-point transmission, transparency, traceability, non tampering, data security, etc., which can be used to solve some pain points of existing business and realize the innovation of business model. In essence, blockchain is a robust and secure distributed state machine. The typical technical components include consensus algorithm, P2P communication, cryptography, database technology and virtual machine. Its five essential core capabilities are data storage, shared data, distributed, tamper proof and privacy protection, and digital contract
the number of blockchain projects established in China has increased year by year since 2013, and decreased in 2017 e to policy supervision and other reasons, but the number of investment and average integration amount have graally increased.