Entropy of digital currency
There is no doubt that blockchain has development prospects, and the necessary condition for development prospects is to enter the mainstream market
North America blockchain infrastructure the oan (former aion network) founder and CEO Matt spoke published an article entitled "in order to successfully enter the mainstream market, blockchain projects must" eat dog food "in Forbes on July 24, in which Matt mentioned his views on how blockchain should enter the mainstream market - & quot; Eat dog food strong>
in the science and technology circle, there is a jargon called & quot; Eat dog food Dogfood (also known as eating your own dog food) refers to companies using their own procts and becoming users of their own procts. Many high growth companies (such as Microsoft, Facebook, Amazon, apple, Netflix and Google) also test their procts by "eating dog food" or help build credibility“ "Eat dog food" is often used to find and fix bugs, but it has another value: to create reliable use cases for the company's procts
this is worth learning from blockchain projects, because blockchain projects often hold & quot; Once built, they (users) will come naturally , which habitually leaves the responsibility of creating new and interesting blockchain applications to a third party
this attitude is very common, even the well-known blockchain summit consensus 2019 also held a conference entitled & quot; Once built, they (users) will naturally come: to build a global blockchain Center & quot; To discuss how governments around the world can make efforts to attract blockchain projects while balancing regulatory, investment and innovation needs
to be fair, this strategy may be effective for blockchains that only focus on people in the currency circle. For the security token, especially for the exchange represented by the transaction, it makes more sense - "supply creates demand" is the usual idea here, especially considering that the realization of these transactions requires the construction of complex infrastructure
in contrast, "eat dog food" is more likely to be adopted by blockchain project developers who seek mainstream audiences (such as those in financial instry, manufacturing and supply chain, identity management, etc.). If blockchain technology wants to enter these mainstream fields, blockchain companies must first "eat dog food". This can not only clearly prove that blockchain technology is feasible outside the coin circle, but also highlight that blockchain can not only optimize existing use cases, but also create new use cases
and the oan team has been adhering to this concept, and relying on the oan and aion's technology stack built over the years, it has developed a financial technology platform moves for independent workers
Matt said that in the development and development of moves, the team hopes that the relevant functions of the OAN blockchain network can be brought into full play, so it will focus on the following three aspects:
1. How to use the OAN blockchain network to improve the credit efficiency of the proct
there are two main considerations to improve credit efficiency: 1) can we use the mechanism of the defi market to rece the cost of capital; 2) Can the blockchain technology be used to increase the external trust in the credit process of moves. Here, moves will form a mechanism of "pooling wisdom", so that everyone can contribute to recing credit risk and increasing the credibility of credit process, and may even develop a micro guarantee mechanism in the future. Therefore, users will be able to participate in the market established by the platform as borrowers, lenders or guarantors
How to make the interests of procts and users consistentspecifically, by connecting moves with the oan network, and with the help of digital asset aion, a relationship of interest consistency is formed between procts and users, so that users can personally experience the success of moves procts and directly participate in the oan, a blockchain network supporting moves
3. How to create the first open system of financial reputation data with moves
this open system may become a substitute for traditional credit scores or related mechanisms. Over the years, banks and financial institutions have been using Equifax, Fico or other similar institutions' scores as risk indicators, and the moves team believes that the procts they are building will be a good start - the beginning of a more perfect and modern financial reputation system. This is a long-term goal
moves supports North American mainstream carpooling, take out and other casual work economic platforms, and will be the flagship open application developed by the oan on its blockchain network. In June, moves expanded its operations from Ontario to Alberta and British Columbia into western Canada
all the initiatives of the oan team adhere to the spirit of "eating dog food" and strive to make blockchain technology enter the mainstream market as soon as possible. Blockchain is not for the minority, but for the mainstream. In addition to the oan team, many projects and institutions in the blockchain instry are also aiming at this goal. Can you say that such an excellent and targeted blockchain has no development prospects
Blockchain is a new application mode of distributed data storage, which is an important concept of bitcoin. At present, there are 35 stocks associated with the blockchain concept in the A-share market, of which 6 blockchain concept listed companies are traded on the Shanghai Stock Exchange, and 29 blockchain concept listed companies are traded on the Shenzhen Stock Exchange
according to the correlation of blockchain, the leading stocks of blockchain concept stocks are most likely to be born from Xinchen technology, luyitong and Sifang Jingchuang
Xinchen Technology: on September 29, 2016, the company said in the interaction that the company is now doing research and development of blockchain technology
Lu Yitong: the company plans to raise 67.9691 million shares of additional shares of RMB 24.57 per share, and the total amount of supporting funds will not exceed RMB 1.670 billion, which will be used to pay the cash consideration of this transaction, construct the block chain ASIC chip instrialization project, artificial intelligence ASIC chip R & D center, chip proct marketing and service network, etc
Sifang Jingchuang: on May 31, 2016, the inaugural meeting and the first general meeting of the financial blockchain cooperation alliance (Shenzhen) was officially held in Shenzhen Wuzhou Hotel, and the company was one of the members of the meeting
Shenzhen's IT leaders summit has come to its 10th year. As the annual program of China's Internet giants gathering in Shenzhen, Shenzhen and its star enterprise Tencent are trying their best to entertain those bigwigs who come from afar
Zhang Shousheng, Professor of Stanford University, USA:
the generation of blockchain can create a data market. In my mind, the ideal future world is that everyone has their own data, which is a completely decentralized storage. In this way, it is impossible for hackers to hack everyone's personal data and then use some encryption algorithms, In the blockchain, it can really protect personal privacy and make very good calculation
artificial intelligence needs data, but data is often monopolized by centralized platforms, which hinders innovation. Encryption economics creates a data market with correct incentive mechanism for data providers, and artificial intelligence can take off on this data market. In a fair data market, the value of data is measured by cross entropy. In our society, some minorities will be discriminated against. However, in the encrypted data market, the data they provide will receive the most attention. Encryption economics can offset all kinds of prejudices in current social economics
Ni Zhengdong, founder and chairman of Qingke group:blockchain is a direction of technology. Technically speaking, how much value blockchain can have is still a question mark, which may have great value, but today, the application has not been implemented. We don't deny the value brought by blockchain. In terms of technology, I think it is very valuable and promising, but no one can know how big the prospect is
in the financial field, blockchain is absolutely subject to supervision and is not a free world. Political orientation should be correct. In the field of blockchain, we should adhere to the leadership of the party and accept supervision. Digital currency can not be anarchism, it needs the correct guidance and supervision of the government
now we all focus on the real economy, whether it's entrepreneurship or investment. I think the blockchain itself should create value. If a company issues a coin and doesn't know what to do, it will suddenly be worth tens of billions of dollars, which is completely divorced from value creation
as for the title of classical investors, it's just a joke, or to grab an eye and create some concepts. I believe that 99% of the projects or 95% of the projects will be done by classical VC in 2018
Yan Yan, founding partner of Saifu Asia Investment Fund:blockchain is very popular, but in fact, institutional investors participate very little. At present, many of them are indivial behaviors. More than 95% of ICO in China is money making, and the really large first-line institutional investors actually participate very little. To be honest, these people can become first-line institutional investors. They are not fooled. They know more than you, see more than you, and read more books than you. How can they be so stupid? They make money from people with lower IQ than you
Wu Ying, chairman of the digital China Federation:
pays close attention to the blockchain and has made a certain investment layout here. Among the three or four companies invested, there are 13 patents. Among the listed companies previously invested, 2 are doing blockchain business. However, it will take some time for blockchain to break out. On the whole, it will take about three years for blockchain to have a direct impact on the economy, but it may be faster than the United States in some aspects. Focus on the application of right protection of works of art, and set up an angel fund to invest in blockchain in the future
talk about big data: the obstacle of data exchange lies in the system rather than technology
Wang Jian, chairman of Technical Committee of Alibaba Group:
data is the material basis of digital economy. Data can neither be shared nor opened, but the value of data can be shared. Uber and didi are great changes in human behavior. What have they changed? In fact, Uber and didi are not sharing cars. In the past, they came out from home in the morning to tell their parents where to go. But with Uber and Didi, you can actually share with a company about where to go today. This is the real change
Guo Wei, chairman of the board of directors and chairman of Digital China Holdings Co., Ltd.
from the perspective of the government, he highly recognizes the value of data, but it is very difficult to implement it. Data itself has a natural segmentation, different people have different cognition of data. Another very important point is the division of interests. Due to the huge benefits brought by mastering the data, some people are not willing to release them. If released, it means the loss of privileges, which is the most difficult part in the process of data access today
from the perspective of today's technology, there is no problem to achieve data access with our technical ability, whether it is traditional technology or the latest developed technology. But the most important obstacle is the system
Yan Yan, founding managing partner of Saifu Asia Investment Fund:
the opening of data is a double-edged sword, and social data should not be open to everyone, because data is useless to more than 95% of people, and there are less than 1% of people, so it is harmful to the society to give them data
Mining in order to practice engineering, rich people can practice jewelry or FM without mining. (jewelry can be inserted with 3 gems with 67 attributes, FM can give ring FM with 40 attributes, and others are all good,
Engineering LR need to learn,
1, engineering can give FM a rocket boot, PK and an escape skill, which is very useful for PK between experts, Group P running is also good. If it explodes, you can open a parachute in the sky and shoot non destructively in the sky for a few seconds. It's bad luck for you to have spontaneous combustion,
2. LR grabbing BB can transfer 4 hours of CD all over the Arctic and 4 hours of two goblin cities. It's a good thing to change places in time
3. The DPS output is the best when the glove 400 attribute is triggered actively (of course, in the ideal case of using the CD as soon as it arrives)
4.