Application of consumer blockchain

blockchain instry has great growth potential, and five aspects promote the healthy development of Technology Virtual reality and other technologies are another emerging technology that will have a significant impact on the future, which is expected to promote human beings from the era of information internet to the era of value Internet

some countries and regions in the United States, Japan and the European Union have promoted the development of blockchain as an important national development strategy, and vigorously promoted the development and application of blockchain technology. China also attaches great importance to the technological innovation and instrial development of blockchain. With the joint participation of it and other enterprises, a large number of new enterprises, new procts, new models and new applications have emerged. The application of blockchain in the fields of finance, government affairs, energy, medical and other instries has graally expanded, and is becoming an important force to drive the technological proct innovation and instrial transformation of various instries

the development of blockchain can be divided into three stages, namely, blockchain 1.0, represented by bitcoin and related financial infrastructure applications, and blockchain 2.0, represented by smart contract. At present, it is graally moving towards blockchain 3.0, which is based on blockchain technology and more complex in-depth application of smart contract

statistical analysis of blockchain investment and financing in the first half of the year. 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, in the first half of 2018, the amount of financing in the blockchain field was about 10.7 billion, with a year-on-year growth rate of 1426% compared with the same period in 2017; The number of investment and financing events in the field of blockchain has reached 205, and it is expected that the investment in the field of blockchain will usher in another peak this year

according to the distribution of investment and financing rounds in China's blockchain field, the proportion of investment rounds in the start-up period (before round b) is more than 95%, with the joint investment of many instry pioneers, and most enterprises are still running around

statistics and growth of blockchain investment and financing in the first half of 2014-2018

data source: China attaches great importance to the development and application of blockchain technology. Driven by multiple forces such as policy, technology and market, the pace of blockchain innovation has been accelerating. It has been deeply integrated with cloud computing, big data, Internet of things and other technologies. The scope of exploration and application has also expanded from digital assets to supply chain management, intelligent manufacturing, instrial Internet, social welfare, right protection and other fields

five aspects to promote the healthy development of blockchain technology, promote the high-quality development of digital economy

1, in-depth study and grasp the development trend of blockchain technology and instry. Pay close attention to the international development frontier, jointly promote the research of blockchain related technology and instry, promote the standardization of blockchain development instry behavior, and create a good development environment

2. Strengthen the construction of core technology capacity of blockchain

establish and improve the collaborative promotion mechanism among backbone enterprises, universities and research institutions, guide it enterprises to strengthen technical reserves, accelerate the breakthrough of key core technologies, and improve the performance, efficiency and security of blockchain

3. Support entrepreneurship and innovation in the field of blockchain

encourage cross-border integration between blockchain enterprises and user units, guide instry organizations to establish public service platforms, support third-party organizations to carry out evaluation and detection of blockchain services, promote rich instrial applications of blockchain, and serve the transformation and upgrading of the real economy

4. Actively build and improve the blockchain standard system

accelerate the development and application of key standards, and graally build a perfect standard system. Actively connect with ITU, ISO and other international standards organizations, substantially participate in more international standardization work, and actively contribute more "Chinese power"

5. Accelerate the improvement of the policy environment for blockchain development

support qualified enterprises to carry out application innovation and mode innovation, and guide and encourage enterprises, universities and scientific research institutes to jointly cultivate professional talents needed for blockchain development. Support eligible blockchain enterprises to enjoy the preferential tax policies of the state to support the development of software instry and small and medium-sized enterprises

the instrial scale is small, but the growth potential is huge

the blockchain economy is on the eve of the outbreak period. The financial instry is relatively widely used, and the application of other instries has also entered the stage of exploration and development. It is estimated that from 2017 to 2022, the direct market value of blockchain will increase from US $410 million to US $7.68 billion, with a compound annual growth rate of 79.6%. It is estimated that all kinds of extended business based on blockchain will reach US $100 billion in 2020

instry application areas continue to expand

the financial instry takes the lead in the application of blockchain technology, and many financial applications have been implemented; Medical instry is an important area of blockchain application, which can better protect privacy, improve service quality and management efficiency; The demand of social authentication for blockchain is rising rapidly to solve the proof problem caused by information asymmetry; The application of blockchain technology in communication, supply chain and other fields is expanding rapidly

currencies mainly act as the "exchange media" in the field of blockchain assets, and the exchange media refer to general equivalents, such as gold and silver bills in the past< (currency exchange on trading blockchain assets)

platform projects refer to the establishment of technical platforms to meet the needs of various blockchain application development, which can rece the threshold of application development on blockchain

application projects cover a wide range of fields, including finance, social networking, games, property rights protection, etc., and are also the fastest growing fields of blockchain assets

asset token project refers to the blockchain mapping of physical assets, that is, the physical assets on the chain. At present, there are no more than 10 varieties

01 currency

the first category is currency project, which is also the earliest blockchain project. Currency projects mainly include bitcoin and lightcoin. In addition, there is another kind of asset with the characteristics of anonymity. Its main functions include protecting the privacy of both sides of payment while realizing payment. The well-known ones are dash, monero and zcash. Currency is mainly used as the "exchange medium" in the field of blockchain assets. The exchange medium is the general equivalent you use to exchange goods. For example, gold, silver and silver bills can be used as the exchange medium in the past. At present, there are more than 2100 types of digital assets in the world, and the number of currency blockchain projects has increased rapidly recently. As of June 2018, bitcoin is still the largest market value

02 platform type

the second type is platform type blockchain project. The main function of platform type blockchain project is to establish a technical platform to meet the technical requirements of various blockchain application development; In short, platform applications allow developers to directly issue digital assets and write smart contracts on the blockchain. Smart contract is a computer program running on the blockchain database, which can be automatically executed under the conditions of its source code setting

for example, you develop a smart contract based on the house rent protocol on the blockchain. When the owner receives the rent, it will trigger the automatic execution and give the security key of the apartment to the tenant

the main function of platform blockchain projects is to establish the underlying technology platform, so that developers can do application development on the underlying technology platform. A considerable number of platforms are still in the development state. As of June 2018, Ethereum has the largest market value

03 application

the third category is application blockchain projects. Application projects are blockchain projects based on blockchain development platform (such as Ethereum), which can solve many problems in various fields of the real economy

for example, augur, Golem, vechain, omisego, which provides asset exchange and transfer services. Using blockchain technology, these projects can better solve the problems of trust and cross-border circulation. At the same time, using smart contracts and tokens on the blockchain, they can better realize automatic execution and greatly improve the efficiency of social and economic activities. Application blockchain projects cover a wide range of fields, including finance, social networking, games, property rights protection and so on. It is also the field with the fastest market value increment of blockchain projects at present

04 asset token

the fourth category is the asset token blockchain project. Asset token refers to linking the blockchain assets to physical assets such as gold and US dollars, which is the blockchain mapping of physical assets. As of February 2018, there are no more than 10 varieties. The typical representatives are usdt against US dollars, digix Dao against gold, Digix each token represents 1 gram of Gold Certified by the London Bullion Market Association. Asset token has the advantages of convenient transaction and safekeeping. First of all, asset token is more convenient for transaction. Because blockchain assets can be split, it has better liquidity

for example, at present, real estate needs to be transferred as a whole. If the real estate can be token, it can be split and purchased, which is more convenient for transaction. Secondly, the token of physical assets is more concive to custody. Gold is easy to wear out and cause losses in physical transactions, but there is no need for physical transfer after the token of physical assets, which is more concive to the custody of physical assets

On September 18, 2018, Hangzhou Internet court was officially put on the chain and became the first court in the world to use blockchain for trial

it is understood that prosecutors can submit electronic evidence such as contract, rights protection process and service process details online through online appeal portal, and notarization office, forensic identification center, CA / RA organization, court and other chain nodes can witness and endorse together to provide one-stop service for prosecutors. Hangzhou Internet court of Zhejiang Province made a public judgment on a case of infringement on the right of network dissemination of works' information, and confirmed the legal effect of electronic data with blockchain technology for the first time

2. In the field of logistics

in early 2018, rookie and tmall global jointly announced that blockchain technology has been used to track, upload and verify the logistics full link information of cross-border imported goods

after all nodes of the logistics chain are connected to the blockchain, the goods can be traced from manufacturers to consumers, forming a complete chain; The more links the commodity is missing, the more likely it is to be a fake proct

3. Electronic invoice

on August 10, 2018, Shenzhen International Trade revolving restaurant issued the country's first blockchain electronic invoice. It is understood that this blockchain electronic invoice was led by Shenzhen Taxation Bureau and provided by Tencent with underlying technology and ability

different from traditional e-invoice and simple e-invoice on the chain, this blockchain e-invoice combines "capital flow and invoice flow", combines invoice issuing with online payment, and gets through the whole process of invoice application, invoice issuing, reimbursement and tax declaration

there are still many practical applications of blockchain. You can learn more about relevant information