KK decentralization
blockchain era: what new applications will be available in the new year
if the recent research is credible, we are likely to see the application of blockchain technology in the real world in the next two years
recently, hackerrank, a well-known technology recruitment company, released the "Skills report for developers in 2019". Among the 71281 developers involved, more than 23% said that it is very possible for this technology to realize practical application in the next 24 months
about 27.54% of the people thought it was realistic, 21.89% were not sure, 19.77% thought it was exaggerated, and only 7.01% thought it was unrealistic
Internet of things
however, don't be too busy to be happy. To pour cold water on it, the report predicts that compared with blockchain, Internet of things (IOT) is the most popular technology in the next few years
developers believe that unlike blockchain, which is still in its infancy, the adoption of the Internet of things is driven by the increasing connectivity between residential, automotive and urban areas
how to realize the
blockchain technology is more and more being tried and tested by the mainstream organizations in many instries, but this technology seems not to have a firm foothold
banks seem to be particularly interested in blockchain, as private decentralised books can lead to higher efficiency and lower costs, especially in stock trading and clearing
this technology also has great potential in health care and other related fields. In these instries, it can be used to combat the sale of counterfeit drugs
traditional energy companies are also actively exploring. In fact, Iberdrola, the Spanish multinational electric company, recently completed a blockchain experiment aimed at tracking renewable energy more effectively
if these experiments and tests can not be translated into practical applications, we may see an increase in the number of developers who think the blockchain has been exaggerated if we conct another survey this time next year
in the progress of Internet to mobile Internet, traffic, intermediary and web begin to lose efficacy, scene, app and decentralization begin to generate, more direct, more meta and more equal connection appear, zero marginal cost social characteristics begin to appear, community business begins to influence and change the socio-economic form, and graally become the main body
the community here refers to the community in the meaning of the Internet, which is based on the Internet and closely related to the development of the Internet
in the traditional sense, community is related to region, but the development of Internet has already broken through the regional restrictions; The community with the meaning of Internet has the characteristics described by clay schecky in the unorganized organization:
1. The common goal, or program, through which the crowd can gather effectively. 2. Efficient collaboration tools (such as microblog and wechat). 3. Act in concert
it can be seen that a community is a specific group of people who have common goals, efficient cooperation and concerted action, and its core is "people"
the Internet makes it possible for people with cross regional and common interests to discover and aggregate. Community has a long history on the Internet, such as Douban, QQ space, microblog and other social platforms
however, in the early days, limited by various restrictions such as economy, network and intelligent terminal, these platforms lacked sufficient ecological feedback supply mechanism, and were only limited to interest aggregation of self entertainment. In terms of commercial realization, the scale was far from enough, and more manifested in shallow marketing. For example: in the QQ era, people use various QQ groups to release marketing advertising information, pull traffic, and achieve business purposes (this phenomenon has also been extended to the early wechat group); In the era of blog, a group of opinion leaders appeared, and content and traffic became the focus; In the era of microblog, all kinds of fans' marketing, training and big V emerge in endlessly. Until the era of wechat, this phenomenon continues (such as all kinds of training of Internet thinking); These are traffic, marketing and advertising in the traditional sense
blog, microblog, QQ group and wechat group are just communication tools and media. They play a more important role in marketing communication, and do not deeply affect the change of organizational structure, form a common goal and proce concerted action. It's not really an Internet community
in 2014, the real Internet community began to appear (such as Xiaomi, logic thinking, etc.), and as a new business form, it is influencing and changing the social economy more and more deeply
the essence of community business is "people". The biggest difference between community business and traditional business model is that it really has users. It is manifested in changing traffic into scene, information into humanism, eyeball economy into value creation, and reshaping all relationships among organizations, procts, users and ecological chains
this creates a force that makes traditional, simple and crude advertising, marketing and other bubbles fade away, and authenticity, value and humanity begin to return.
Second, the reason: the change of connectivity and the formation of Internet communities
communities are based on the Internet. The essence of the Internet is connectivity. The diversity, directness and equality of connectivity give birth to the inevitable emergence of community commerce
1. Diversity of connection: scene is community
the single and unified web connection of PC Internet has been replaced by decentralized, multi scene and multi relationship multiple connection, and the public has graally disappeared, and the scene community has emerged
(1) from traffic to scene. In the process of PC Internet advancing to mobile Internet, the unified web form begins to disperse and become independent vertical app in each scene; Hardware has also begun to disperse and become wearable devices (for example, mobile phones start to disperse into smart glasses, watches, etc., and 50 billion sensors will appear in 2020, which will further disperse the connection), and the connection will become diversified; Traffic mode is invalid, scene mode is effective, and decentralization is formed; Users become certain people, including geographical location, time, environment and other elements; Based on cloud computing and big data, users' needs, preferences and consumption habits become clear; With the emergence of Internet community, the aggregation based on common goals (preferences and tonality) becomes more feasible
(2) the formation of new ecological chain. The Internet began to sink and penetrate into the real instry. Redefine the relationship between people and everything, including the relationship between enterprises and users, the relationship between users and procts, etc., and the connection becomes diversified; A new ecological chain begins to form, consumers participate in creation, and transaction becomes the starting point of service; The organizational structure of enterprises is becoming a community based on the Internet, in order to update and develop more diversified connections
(3) user instinct. The diversity of connections leads to the emergence of scenes; With the increasingly fast pace and mass of information, users can only give feedback to the current and scene information, which is the community
2. Directness of connection: reality is community
authenticity is the soul of community, directness of connection catalyzes authenticity, and the generation and maintenance of community is more feasible
on the one hand, the intermediary disappears, and the procer can directly connect with the user, which is more authentic; When the connection becomes abundant, users also pursue authenticity
on the other hand, the Internet has penetrated offline to seek greater value space, and o2o has sprung up, making vertical services possible
any enterprise, organization or even indivial can directly connect with users, and authenticity, value and humanity begin to return; Mass commerce began to disintegrate into small and beautiful communities with specific needs and vertical services
3. The equality of connection: value means community
the abundance and equality of connection make it possible for indivials to rise and the community around them
on the one hand, the passive acceptance status of users at the end of the instrial chain is changed, and then they participate in the proction process, and their status is more equal; On the other hand, wechat and other mobile Internet real-time tools make collaboration easier. Based on more equal and convenient connections, indivials have the foundation to rise, and communities around indivials begin to generate
take wechat as an example, "no matter how small an indivial is, it also has its own brand". Wechat has spawned more communities, and more communities also use "public account + wechat group" to operate better (such as logic thinking, forming a new community ecology of public account + nearly 2000 wechat groups)
public accounts are the source of community content creation and publishing, while wechat group is an effective tool for community organizations, and they complement each other in community operation
Youku, wechat and other platforms help indivials to better play their own value, and indivials can also use these platforms to realize the aggregation of similar tonality groups and form small and beautiful communities< Third, the trend: the Internet community subverts the future
the diversity, directness and equality of connection give birth to the scene, reality and value of the community; The analysis of the reasons and characteristics of the previous article has implied the trend, which will be sorted out in this section
in the next 3-5 years, or even in the next 10 years, social economy will deeply affect economic and social life. Alibaba, Taobao, Jingdong and Ctrip's big flow platforms have become the best, and the communities with scene, authenticity and value have become the main business entities
1
generally speaking, community business is changing to scenarios, and traffic is replaced by scenarios. JD Ctrip has become the ultimate version of traditional traffic mode. Shopping logic has changed, and users are more and more willing to pay for specific scenario solutions, rather than just price sensitive shopping malls
for example, the travel service is replaced by the more vertical and convenient "flight steward + easy to use car", rather than the traditional tourism service platform; Moon cakes and spring festival goods may no longer use traditional e-commerce, but in specific micro business stores; Similarly, rose will choose roseonly, coffee chat will go to diffuse coffee and so on. Because they meet the needs of consumers in a specific scene (travel, holiday, etc.), more convenient, timely and full of emotion
demand is proct, proct is scene, scene is community. A certain link in the user's life, a certain lifestyle, and a certain demand may create a specific scene and proce strong stickiness. The communitization of user needs will change the R & D mode, proction mode and marketing mode of enterprises, and enterprise organization, ecological chain and customer relationship will all be transformed into communitization management
as analyzed above, community business will redefine the relationship between people and everything, including the relationship between enterprises and users, users and procts, so as to promote the return of procts to human-oriented and instrial value, and more interesting community instrial forms will appear
in the next 3-5 years, more and more instries, such as tourism and ecation, will have new and interesting community forms like Xiaomi, airbnb and logics thinking, which will give birth to more new economic models and instrial models. The scene innovation of ecological organization model and organizational relationship will bring great changes to the whole economic system
2. Small and beautiful indivial community survival
from a small point of view, community business is returning to authenticity and value, and small and beautiful indivial community has become the norm
(1) the community ecology of more and more offline stores and professional craftsmen is formed. Its characteristics are small team, professional vertical field, professional vertical service and stable user group. This includes restaurants, bookstores and cinemas; Writers, photographers, craftsmen, etc
KK's 1000 strong fans theory takes effect here. In particular, the Internet is not a substitute for the development of offline scenes, but a catalyst
one is to promote the formation of places with better experience and quality
Second, based on the need of human nature for existence and authenticity, too much online communication promotes users to return to offline experience
thirdly, mobile Internet tools can provide a good way of discovery and aggregation for offline communities
(2) in terms of operation mode, online and offline communication has become the norm, and more in-depth emotional communication has become necessary
the community will become more and more vertically subdivided because of its needs, interests and scenes, and trust becomes the key. Online and offline communication and interaction, and real-time feedback will promote the formation of trust and authenticity. It is also concive to the value screening of the community, precipitation of real users, and become the link to maintain the survival of the community
the online and offline interaction includes operation interaction, such as sharing meeting, high chat meeting, outdoor activities, etc; It also includes technological interaction, such as the discovery, organization and aggregation of people with the help of perceptual devices such as ibeacon. Communities that are good at o2o operation have strong stickiness, such as travel and catering, which will promote more community innovation and subvert the traditional mode
(3) in value creation, originality and scene dialogue will gain more and more long-term vitality, while plagiarism and hard communication will graally fade away
users are tired of information, and the scene and value of information are highlighted. The community that adheres to content UGC and PGC, as well as the community that is good at using scene dialogue, will gain long-term vitality; The communities relying on plagiarism, reprinting and marketing will graally disappear with the decline of advertising value
choose equality from connections. Taking wechat group as an example, wechat group has the characteristics of rapid creation, rapid gathering and dispersion, free access, no concept of group leader, and emerges or sinks with the timeliness of topics; Users have more freedom of choice.
Festivals such as online shopping festival have become more and more popular, and become an interesting game between businesses and hand chopping parties
at the end of the game war, Ali has launched global shopping, tmall treasure, new C store sellers to play "double 11" and so on; Jingdong started cross-border marketing. It practiced crowdfunding, launched crowdfunding activities at a discount of 1.1% for ocean real estate, and joined hands with Tencent to use wechat to channel; Suning began to provide home appliance cleaning and free cleaning services to promote the integration of offline and offline; Major physical stores are also increasingly inclined to o2o mode to avoid becoming the experience center of e-commerce offline
at the other end of the game war, the "hand choppers" are always willing to choose goods and place orders, shuttling through all kinds of interesting consumer games; Onlookers pay close attention to the refreshed figures in real time, guess who is the biggest winner of the war, and talk about it with relish. Whether to buy or not has become secondary, all the followers get inner satisfaction in this game
holding high the banner of "consumption", the Internet is leading us to the era of network economy. All these changes have imperceptibly affected both businesses and consumers. Internet finance, crowdfunding, o2o, wechat marketing and other fashionable ways of playing in the era of network economy have been released in the online shopping festival, and the user experience has been constantly enlarged, which is not only the material satisfaction, but also the spiritual satisfaction
eight years ago, xiaoyaozi, the chief operating officer of tmall, wanted to use "double 11" to attract unmarried bachelors and use online shopping to dispel their inner depression. However, now the "double 11" has already driven the singles out of this festival, from one person alone to the whole people's Carnival, and then to the whole people's game. "Double 11" is not a myth created by Ali group, but a concentrated embodiment of the new life and economic model in the Internet era
before going to a restaurant for dinner, go to the public comments to see the comments, check the recommended dishes of netizens before ordering, and check whether there are discount coupons, membership cards or group buying before checking out; Before traveling, first go to the Internet to do strategy, hotel, check the traffic route. Now, more and more people accept this way of life in the Internet era, and we are also imperceptibly accepting the new life experience brought by the network economy
from the initial boycott, to cooperation and even integration, retail stores once hated e-commerce, but eventually failed to match the trend of the times, and turned to embrace the Internet with an open mind. Last year, the o2o cooperation between tmall and Yintai was regarded as a demonstration effect by the instry. This year, we see that traditional instries such as real estate, mobile phone, automobile and finance are all "touching the net" one after another and joining the network economy. Finally, the online shopping festival has developed from a simple e-commerce promotion activity into a national economic phenomenon
there has never been such an era in which users have been given so much respect, and the Internet era has done so. With the popularity of the Internet, the importance of user experience has been repeatedly verified, and "those who get users get market" has become the new rule of today's business development. More and more, we can feel that the online shopping festival has changed from a mixed battle to a separate business, from a price war to a study of how to give users more and better experience. Businesses should not only satisfy their consumption desire, but also their spiritual needs; Not only to provide goods, but also to stimulate demand. And this stimulation way is the variety of consumer games we see today, as well as the increasing variety of procts
Will Ali's "myth" last forever? The author's answer is No. According to the logic of KK, "decentralization" is the core of the era of network economy. What the Internet encourages is personalization and differentiation. It creates value by sharing rather than monopoly, and leads the trend of the times by innovation. From the reality, the online shopping market division is more detailed, and businesses realize that continuous mining of user needs can bring more profits than homogeneous competition. The reason why Ali can take the lead temporarily is the result of their continuous innovation. But innovation is endless, once someone designs a better game, it can attract more consumerswhen the new rules of the Internet economy become more and more popular, when businesses can't come up with new games on this day, every day in daily life may have the same surprise as "double 11". At this time, singles can celebrate their single life again
(picture source network)
In the New Testament Matthew, the Bible says, "all who have will be given double to make them rendant; If he doesn't, he'll take what he has< whether you like it or not, under the rule of power law, we are all in a world close to "winner takes all". To the despair of most people, it seems to happen in any field
content: running to the head
take my content field as an example. Before I saw a statistics: 19% of the 100000 + wechat public accounts contributed more than 70% of the number of reading. In the time battlefield where the division of users is not abundant, the value of the head has long been clear“ Do the content above the waist can be enough, do the bottom will lose money As Ma Dong said, the content field is like a pyramid, with 5% of its head (they tend to have capital value and thus become entrepreneurs). The top 20% can be regarded as high-quality content, and the rest, the long and tapering tail, the silent majority, may be far away from worldly success. As a result, content entrepreneurship is especially like a massive animal migration in the African wasteland, where the loess is flying, and everyone rushes to the end
As Huang ZhangJin said, "give me a serial number, the elephant association is a magazine." With the pursuit of efficiency by users, as the head content becomes more and more professional and refined, it naturally raises the threshold for latecomers. It's common sense. The so-called "We Media" (we can see its powerlessness in definition after carefully pondering over the name) is just a common iterative process of content carriers in history. Throughout the short history of the Internet, no matter in any field, it is also under the division of labor system in pursuit of efficiency. The real sense of "indivial" selling procts or services to "indivial" in "leisure time" is not on the backbone of the Internet evolution logic (the latest example is Didi). In the field of content, "platform + indivial" with the spirit of "decentralization" must not be the main color of the futurethe long tail is getting longer and longer, but the situation is getting worse, which may be the underlying logic of all content distribution markets. Schmidt, chairman of Google, once sighed: "I would like to say that the Internet has created a fair competitive environment for us, and the long tail area is an absolute ideal place - there are countless segments, countless proct types, and countless new choices. Unfortunately, this is not the case. Although the long tail phenomenon is very interesting, the vast majority of operating revenue has always come from the head... In fact, the Internet may bring more large-scale pop money and more concentrated brands. When you bring everyone together, they still like to have a superstar. "
the above comments come from "pop money: how to build super IP", and there are other examples in the book: among the 8 million digital singles sold in 2011, 94% of them were downloaded less than 100 times, and 32% of them were only downloaded once; In 2010, 60% of Warner Bros.'s annual surplus came from the top three movies. In fact, with the revival of the so-called oral civilization, the traffic of live broadcast, an important branch of content entrepreneurship, is also rapidly moving to the head. Previously, we saw the data of "one live broadcast" in a certain quarter, and the head less than 1000 live broadcasts absorbed 90% of the users
in the broad sense, power-law distribution is almost a certain trend. See scholar Wan Weigang listed in an article: "Netflix, an online video service, accounts for more than 35% of the network downlink bandwidth in the United States at night; One third of all mathematical and mechanical papers published between 1726 and 1800 were by Leonhard? Euler wrote it by himself; Many people claim to have made contributions to Wiki and free software, but most of the pages and most of the code are done by very few people, and more than half of Wiki's editing behavior is done by 0.7% of users....
in a word, in theory, the Internet allows like-minded people to connect quickly and usher in "the spring of the minority", but the truth is very likely to be, The less popular, the less loved - you may bring out the example of today's headline, which focuses on personality push. The latter is usually regarded as a good example of technology driven long tail content carnival. But when you think about it, the role of today's headline is actually Taobao in the content field: there are many categories, but the long tail procts in the same category are poorly operated (no matter what type of proct you type, In the pursuit of efficiency, the search mechanism will lead almost all traffic to the head. Today's headlines are the same. Different types of content (society, technology, sports, emotion, etc.) are essentially procts on different competition tracks. They are breaking through each other. If they want to break through successfully, they have to run to the head
What about niche? No one denies that this long tail is gorgeous and makes the world plump. Their survival skills can only rely on the support of "fans" - from this point of view, Kevin Kelly's so-called "one thousand iron powder" theory is right - for the real niche, there are a thousand real fans, which is really a lot
then you might as well end up with a chicken soup with little flavor: no matter what business you are in, run like a sperm. Only in this way can you breed a new yourself
Li Beichen / Wen (famous technology we media, dedicated to providing you with talks and insights; Wechat official number: Li Beichen)
I often say that with the birth of yu'ebao as a symbol, China's Internet finance is surging and ahead of the tide, making all countries in the world look at it with new eyes. However, e to the lack of understanding of the nature of Internet finance, the traditional financial conservative ideas vigorously fight back, and the regulatory authorities are facing the enemy, and the supervision under the control of conservative thinking finally makes this business almost strangled
as China has launched another round of "campaign" to rectify and regulate Internet finance, developed countries in Europe and the United States take the opportunity to increase investment and vigorously develop science and technology finance. Artificial intelligence investment consultant, digital currency supported by blockchain technology, and various artificial intelligence financial services, including face recognition, fingerprint encryption, intelligent voice and other technologies, have been applied to the financial field
the development of science and technology finance can be described as rapid changes. The world's large asset management companies, insurance companies and so on have started to put into use from R & D to proction; bitcoin, the digital currency of blockchain, has entered the field of settlement in Japan and Canada. The United States has applied blockchain to oil market transactions
China has obviously fallen behind in the development of science and technology finance. It can be seen from the above PwC survey of bank employees. At present, the research and use of blockchain in China's commercial banks are shallow conceptualized
in early January 2017, the postal savings bank launched an asset custody system based on blockchain. The asset custody system is based on the four mechanisms of blockchain, including shared ledger, smart contract, privacy protection and consensus mechanism. It selects the asset consignor, asset manager, asset trustee, investment consultant, and so on The five roles including auditor participate in the asset custody business scenario, which realizes the information sharing of custody business and the supervision of asset usage. In particular, it is worth noting that the blockchain solution realizes multi-party real-time sharing of information, eliminates the process of repeated credit verification, and shortens the original business links by about 60% - 80%
Yi Huiman, chairman of ICBC, also said at the 2016 annual report performance conference, "for blockchain Technology, the research and application of our bank is very smooth, It is expected to be put into practical application in 2017. We have completed the system construction of the prototype of financial proct trading platform based on blockchain technology. This system provides customers with point-to-point financial asset transfer and trading services on the basis of traditional trading mode, and is expected to meet you soon. "
Everbright Bank has applied the blockchain technology to the actual business, and its science and technology innovation laboratory has successfully hatched a blockchain public donation system for the bank's "mother's water cellar" charity project. Li Li, general manager of Information Technology Department of Everbright Bank, said that the development of new information technology in the era of financial technology has brought new forces of change for scientific and technological innovation. More effective supervision on the source and use of charitable funds has improved the transparency of public donations, which helps to promote the healthy development of charitable undertakings. From the perspective of banks, the safe and reliable transmission of public love to charities improves the social image and credibility of banks
Li Jianhong, chairman of China Merchants Bank, also disclosed in the 2016 performance report that the bank has invested 5 billion yuan in it every year, which has led the instry, but it still needs to invest 1% of its profit in financial innovation and financial technology from 2017
for digital currency, the most important component of science and technology finance, blockchain technology is extremely important. Blockchain technology is likely to reconstruct the underlying architecture of the financial instry. Blockchain has the advantages of recing trust risk, flexible architecture, recing operating costs, and realizing shared finance. It can be widely used in peer-to-peer transactions, registration, right confirmation, intelligent management and other businesses. There can be no doubt about this
we must understand blockchain technology in a higher field. The global future trend is decentralization. This trend must be grasped by financial institutions. And blockchain is the core technology of financial decentralization, who controls who takes the initiative
why is the trend of global decentralization in the future? We need to learn from the world's most popular Internet "prophet" - Kevin? The great prediction of Kevin Kelly. Many of the future technologies mentioned in KK's book out of control published in 1994, such as Web2.0, bitcoin, P2P and social media, have been implemented one by one. The current popular wisdom, cloud computing, Internet of things, virtual reality, agile development, cooperation, win-win, symbiosis, coevolution, network community, network economy, sharing economy and so on all come from the book out of control
KK believes that the future network should be evenly distributed, that is to say, the network connection is the free connection between indivials. In this way, when the network is attacked, it will not be greatly affected. It can even be said that such a network cannot be defeated. But the above is based on the ideal state. At present, the Internet is not so developed that an indivial (or a small collective Center) can generate so many connections. Secondly, the uniform distribution of the network makes the indivial access to a node longer. If the network is not developed enough (for example, now), the response of the network will be very slow
on the contrary, if the network is concentrated on some large nodes, as long as these large nodes are well protected, the stability of the network will not be greatly affected. From the indivial point of view, as long as I go to Google and the Internet, the Internet will not be paralyzed for me< However, the trend of decentralization will continue. The network will change from hundreds of large nodes to millions of large nodes. Each small network will be regarded as a node, and the connection between nodes will extend in all directions. For example, the connection between the two large networks of China and the United States will no longer be a countable submarine optical cable, but a myriad of links, a topology that can't be calculated, and I'm afraid the wall won't be able to be built at that time
one of the characteristics of blockchain technology is point-to-point decentralization. The world is constantly decentralizing from bureaucracy. We have witnessed a lot of decentralization in technology and business, and we can think that this trend will continue in the next 20 years
as long as there is something central, we can discuss how to decentralize it. For example, banking. Banking has always been a very centralized instry, so we can talk about how to decentralize financial services, turn it into a sharing economy model, and share influence at the same time
one response to the decentralization process is sharing. Sharing is a verb expression of the process of decentralization, which is why we have a lot of sharing communities. We can share data, process, influence and information. The result of decentralization is the increase of sharing behavior. Experts in the past did not share financial information. If we want to study the reasons why people begin to share now, we must emphasize the quality and ability of "sharing"
back to the digital currency supported by blockchain technology, decentralized transaction is a technological change. Users can trade on this platform with authorization code, which will lead to indivial to indivial transactions, P2P loans and other behaviors. Banks will no longer exist. Bitcoin is a kind of electronic currency with great potential, but it has many problems that are not recognized, such as security problems. However, we should pay attention to it, because the decentralization of currency is also the trend in the future. KK believes that there is great potential in this field
in any case, we should believe in the predictions of such prophets as KK. China's science and technology finance can't get up early and catch up late< According to the survey report released by PricewaterhouseCoopers in mid April 2017, China's financial practitioners have not paid enough attention to financial technology. Among the widely used blockchain technologies, 30% of the respondents said they did not know blockchain technology at all, 40% of the respondents have only read about blockchain technology in the news, which shows that the popularity of financial technology is still low
I often say that with the birth of yu'ebao as a symbol, China's Internet finance is surging and ahead of the tide, making all countries in the world look at it with new eyes. However, e to the lack of understanding of the nature of Internet finance, the traditional financial conservative ideas vigorously fight back, and the regulatory authorities are facing the enemy, and the supervision under the control of conservative thinking finally makes this business almost strangled
as China has launched another round of "campaign" to rectify and regulate Internet finance, developed countries in Europe and the United States take the opportunity to increase investment and vigorously develop science and technology finance. Artificial intelligence investment consultant, digital currency supported by blockchain technology, and various artificial intelligence financial services, including face recognition, fingerprint encryption, intelligent voice and other technologies, have been applied to the financial field
the development of science and technology finance can be described as rapid changes. The world's large asset management companies, insurance companies and so on have started to put into use from R & D to proction; Bitcoin, the digital currency of blockchain, has entered the field of settlement in Japan and Canada. The United States has applied blockchain to oil market transactions
China has obviously fallen behind in the development of science and technology finance. It can be seen from the above PwC survey of bank employees. At present, the research and use of blockchain in China's commercial banks are shallow conceptualized
in early January 2017, the postal savings bank launched an asset custody system based on blockchain. The asset custody system is based on the four mechanisms of blockchain, including shared ledger, smart contract, privacy protection and consensus mechanism. It selects the asset consignor, asset manager, asset trustee, investment consultant, and so on The five roles including auditor participate in the asset custody business scenario, which realizes the information sharing of custody business and the supervision of asset usage. In particular, it is worth noting that the blockchain solution realizes multi-party real-time sharing of information, eliminates the process of repeated credit verification, and shortens the original business links by about 60% - 80%
Yi Huiman, chairman of ICBC, also said at the 2016 annual report performance conference, "for blockchain Technology, the research and application of our bank is very smooth, It is expected to be put into practical application in 2017. We have completed the system construction of the prototype of financial proct trading platform based on blockchain technology. This system provides customers with point-to-point financial asset transfer and trading services on the basis of traditional trading mode, and is expected to meet you soon. "
Everbright Bank has applied the blockchain technology to the actual business, and its scientific and technological innovation laboratory has successfully hatched a platform for the application of the blockchain technology in this field