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See through the essence of Oko cloud chain behind Xu star

Time : 22/07/2021 Author : naevsb Click : + -
        When it comes to Xu Mingxing, many people have the impression that he is the "old Xu" who is very popular in the field of digital asset trading. He created the well-known digital asset trading service platform okcoin. At that time, okcoin's growth line doubled from 2013 to 2017, which also achieved okcoin's top position. The boiling market makes the industry full of money excitement. Xu Mingxing, who was born in science and engineering, has always been vigilant. In a speech in early 2015, he said that this industry has many risks, and entrepreneurs in the industry must not be too radical. The situation is changeable. A Midsummer announcement on September 4, 2017 poured cold water on the whole hot industry: stop the financing activities of token issuance.
 
        A month later, an announcement from okcoin entitled "dreaming back to the starting point" was released, which clearly transformed the "blockchain technology application and development company". Four years later, Xu Mingxing talked about his dream again in an interview recently: "We hope to gather a group of talents who have both dreams and the ability to adapt to the reality on the tortuous road, and can finally turn their dreams into reality, so as to lay a solid foundation for the steady development of new infrastructure represented by the blockchain industry in China, promote the acceleration of the blockchain industry to enable reality, and export our own technology to the world to change our lives.". At this time, the industrial landscape behind him is an industrial group that integrates blockchain big data, blockchain technology R & D and application, blockchain industrial investment, blockchain incubator, blockchain security and other businesses. Once OK, it has also changed into OPEC cloud chain group.
 
        The group has just upgraded the blockchain talent "Kunpeng plan" launched last year on January 18, saying that it will further promote the construction of talent teams in the new technology industry from the aspects of demand side talent introduction, supply side training, social science popularization and so on. After graduating from the applied physics major of Beijing University of science and technology in 2006, he was successfully admitted to the Graduate School of mathematics of Renmin University of China. Unexpectedly, Xu Mingxing didn't follow the traditional logic of "graduating from a famous school and getting a high salary from a big factory". Ma Yun's bowl of "chicken soup", "people like me who have been admitted to the University for three times can succeed, and 80% of the world can succeed", "completing $40million financing in six minutes" ignited Xu Mingxing's restless entrepreneurial spirit.
 
        Even his father's "strict advice" on the other end of the phone and his tutor's sincere retention did not stop him from resolutely dropping out of school and starting a business. Xu Mingxing first rushed into the group buying industry and founded wantuan.com with a technician from a traditional industry. At the beginning of the new millennium, the whole Internet was still in the stage of widespread rise, four years before the real outbreak of group buying and the birth of meituan, the protagonist of the hundred regiments war. However, due to the lack of funds and experience, this first venture ended after only half a year of operation. After that, Xu Mingxing started a short internship in Yahoo China, responsible for search engine technology. It was also during this work experience that he met another entrepreneurial partner, Lin Yaocheng.
 
        In 2007, the two founded Douding, an online document service. At that time, Xu Mingxing's positioning in the company focused on technology, and he has been a CTO from engineer to engineer. Because of the blank market, douding.com overcame difficulties and developed all the way to become one of the most famous C2C document sales and sharing communities in China. However, the pattern was once again changed by the giant. In 2009, when it entered the market, it squeezed the income and profit space of douding.com, and the development of douding.com also entered a bottleneck. In the past six years of douding.com, Xu Mingxing ended this entrepreneurial history with his resignation and opened another new chapter. There is still a distance between this and his creation of okcoin. At the end of 2012, he sold his house and invested two million yuan to test the water in the o2o field of the catering industry. However, this venture lasted only a few months and ended in a loss.
 
        Xu Mingxing first came into contact with digital currency bitcoin when he watched the American drama "a good wife" in 2011. The judge in the drama decided that bitcoin was a kind of currency, which aroused his interest. After understanding the operation principle of bitcoin, he bought hundreds of bitcoins at a price of less than $20 for the first time. If calculated according to the current market price, the total value would reach tens of millions of yuan. With the deepening of transactions, Xu Mingxing found that bitcoin transactions are slow to arrive, difficult to withdraw cash, and the security is not effectively guaranteed. With a keen sense of smell and the impulse of technical practice, Xu Mingxing's blockchain dream started from a windowless office in 2013. Okcoin was officially established in June. As soon as the platform was launched, it quickly attracted a large number of users. The market also seemed to pay special attention to this continuous entrepreneur. In November of the same year, bitcoin prices ushered in a bull market, with a straight line from $100 to more than $100. Okcoin user volume and trading volume soared with the market, It became one of the three major domestic digital asset trading platforms at that time. In December of that year, okcoin platform created a record of 4billion transactions per day.
 
        After a short interval of one year, public data showed that okcoin had a market share of more than 50% in 2014, with an average daily platform trading volume of more than 100 million. Since April 2017, the price of bitcoin has risen rapidly again, and the shock mode has been opened. The whole market is immersed in "Carnival". The result is only five months later, the announcement on preventing the financing risk of token issuance was released. In fact, in Xu Xingxing's heart, the belief of technology geeks has always been, "I don't like making money very much, but like to make powerful technology." Users' word-of-mouth when they were making exchanges all integrated this belief, and "9.4" is accelerating his practice of geek belief.
 
        "As one of the earliest start-ups in China's blockchain industry, we shoulder the historical mission of promoting the development of China's blockchain technology and participating in the global competition of blockchain. We will increase investment in the development and application of blockchain technology, actively participate in global competition and cooperation, and are determined to win a place for China on the global blockchain stage." Okcoin said in the 2017 "transformation" announcement. For Xu Xingxing, his OK stands at a new starting point, and the next story also witnessed the four-year rapid transformation of a technology company. In March, 2018, OK set up a technology research and development institution, which consists of three parts: technology research and development center, academic research center and innovation laboratory. All departments work together to target a target "blockchain application".
 
        Also in 2018-2019, OK invested $100million to set up industrial capital to provide investment and financing services for high-quality innovation projects in the global blockchain. The company also established a 10 billion yuan win-win master fund plan in conjunction with ceyuan capital to focus on the investment in blockchain underlying technology R & D projects. Based on the earliest local establishment and years of technology accumulation, the application of big data on the chain has become one of the key directions of OK technology landing research. In June 2019, oklink blockchain browser was launched, which is the first infrastructure based application of oklink in the blockchain + big data field. At present, the blockchain browser not only provides anti money laundering functions such as transaction tracing on the chain, address relationship analysis of the blockchain, and flow tracking of funds on the chain, but also provides commercial functions such as blockchain basic data query, blockchain address tag library, blockchain address portrait, and cross chain project data aggregation. It is the only blockchain browser product in the market that integrates blockchain, big data, and artificial intelligence, The ability of structured processing of data on the chain is world leading.
 
        The blockchain security issues highlighted in recent years also continue to deepen the safety track that OK has been continuously investing in on the chain. In June 2020, the oklink blockchain browser added the address tag function to ensure the security of user assets. Less than March after that, on September 1, oklink blockchain browser launched the blockchain security system "SkyEye on the chain", which can help users understand the context of asset flow on the chain and protect the security of assets on the chain through address analysis, transaction map, online monitoring and other functions. This system is the first online data monitoring tool that is open to all users free of charge in the whole network, and the depth of query dimensions is wider.
 
        In January, 2019, Xu Mingxing invested in Qianjin holding group, a Hong Kong listed company, and oklink became a subsidiary of Qianjin holding. Later, in February, 2020, Qianjin holding group was renamed okcloud chain holdings. Another "OK" okcoin has promoted its compliance business overseas through investment, cooperation and other means after 2017. At present, it has regulatory licenses in the United States, the European Union, Japan, Singapore and other countries and regions to carry out compliant US dollar, euro, yen, Singapore dollar and other licensed digital asset trading services. Not only that, he also penetrated into more industries by investing in upstream and downstream companies of the industry, and linking resources such as industry-related solution consulting, technical support, and industrial capital docking, so as to build a blockchain system from the inside out.
 
        At the beginning of 2020, Xu Mingxing's industrial territory officially began its new name, okiyun chain group. Just like its fate, it has built a blockchain ecological engine with the core of promoting blockchain application and multi-level industrial empowerment. The internal driving force is oklink, okcoin and listed company okcloud chain holdings, which rely on blockchain browser, compliance licensed digital asset trading and other businesses to provide source power for the development of the company; For industry, the group has set up research institutions to specialize in technology research and development. In addition, investment and assistance in the docking of industrial resources lay the foundation for self-development, while promoting industrial empowerment; In addition, okiyun chain group also actively supports the government's blockchain strategy, popularizing blockchain to the whole society through publishing books, videos, offline activities and other ways, and paving the cognitive foundation for the development of the road industry in China.
 
        It is understood that the group is headquartered in Beijing, China, and has branches or offices in more than 10 countries and regions, including the United States, Europe, South Korea, Japan, etc., covering more than 180 countries and regions. At present, the blockchain infrastructure products that have been independently developed have greatly improved the scalability of the technology. Among them, the data layering technology and multi chain parallel development technology with independent intellectual property rights have reached the world leading level, significantly reducing the cost of blockchain data transmission and greatly improving the efficiency of blockchain application development. They are the few blockchain solutions that support the implementation of large-scale commercial applications all over the world. The company introduced that it is also extending its self-developed technical solutions, data applications on the chain, and SkyEye on the chain to real life through research and cooperation, and promoting the implementation of blockchain applications.
 
        Keeping pace with the development of the company, Xu Mingxing has successively published industry books such as blockchain: reshaping the economy and the world, illustrated blockchain, and pass economy in recent years, taking the lead in the social science blockchain. He believes that the development of the industry needs to be based on a correct and broad understanding. In September, 2020, OKC cloud chain was invited to participate in one of the three major exhibitions in China &mdash& mdash; The blockchain special forum of the global fintech summit of the China International Trade in services Fair "exports China's blockchain program to the world" on the podium. Since the end of last year, AUC cloud chain group has summarized 2020 with nearly 20 honors, including being successively rated as "China's top 30 new economy", "best security service institution", "top 10 in the field of financial technology".
 
        However, in Xu Mingxing's heart, "technology changes life, has never been an empty slogan." His positioning of okoyun chain is still a start-up company shouldering innovation and turning dreams into reality. Blockchain was raised to the national strategic level in 2019 and included in the new infrastructure in 2020. There is no doubt in the industry that blockchain has a realistic prospect. As Xu Mingxing said, it has the power to "change life". However, according to a 2019 blockchain business technology maturity curve released by Gartner, most of the blockchain's applied technologies are still in their infancy and still need 5-10 years to mature.
 
        The industry generally believes that blockchain, with its unique underlying logic and architecture advantages, will reshape the future trust system and promote social progress. Thomas ·, Nobel Laureate in economics and American economist; In his speech "how AI and blockchain will create new opportunities and challenges for governments and enterprises", Sargent said that AI and blockchain do different jobs and form a complete whole with each other. Bent ·, winner of the 2016 Nobel Prize in economics; Homstrom also expressed confidence in the future of blockchain technology and believed that it would change the way financial institutions operate. Xu Mingxing said that blockchain is a point-to-point database system based on the Internet, data encryption, distributed storage and other theoretical sciences and technologies. It has the characteristics of point-to-point transmission, traceability, tamperability, data security and so on. It can be used to solve the pain points of low efficiency and trust in the existing industry, and to a certain extent solve the problems of integrity, authenticity and uniqueness in the process of value transmission.
 
        "Blockchain technology brings the role of point-to-point network technology and distributed storage technology to the extreme, which makes it easier to protect user data and solves the problem of trust in economic activities." Xu Mingxing believes that this technology can be combined with all walks of life, take root in all walks of life, and even reshape the operation mode of all industries, with great room for development. In addition to finance, blockchain plays an important role in public welfare, supply chain, e-commerce and other industries. Taking the application of blockchain in the supply chain as an example, he explained that blockchain, as a "trust machine", and the supply chain can be said to be a match made in heaven. Taking things as the starting point and establishing the identity information of goods, a safe logistics network covering the whole process, open and transparent, traceable and traceable can be formed, which can make fake goods nowhere to go and substandard goods well documented.
 
        At the same time, a blockchain information aggregation platform is established based on the collected data, and all nodes on the chain are synchronized in real time, making it possible for large-scale and fast distributed collaboration. In this process, product information, capital flow and amount details will also be clearly recorded on the blockchain, which cannot be tampered with, increasing transparency and reducing trust costs. Ultimately, consumers will benefit from better products and services. According to Zhang Chao, vice president of Oko cloud chain, blockchain technology, together with 5g, IOT (Internet of things), artificial intelligence, big data and other technologies, is part of the information system, which should be used as a whole in order to play its value. 5g is blood, as a channel for faster data transmission; IOT is the eye, as the entry infrastructure of real-world informatization; Blockchain is an artery, which can solve the interaction logic and data transmission rules between various role subjects; Artificial intelligence is the brain, which can realize better system services with less development cost based on data and models.
 
        Xu Mingxing believes that the application of "blockchain + industry" is still in a very early stage, and it needs a long time to explore and link. Blockchain will usher in the best development period in the next five years. Talent training is one of the urgent problems to be solved at present. In the critical period of the new round of scientific and technological revolution, China needs to seize the technological highland and master the core technology. The premise to achieve this goal is to cultivate a large number of talents in the blockchain industry. Hu Chao, vice president of okoyun chain, also said that blockchain is an emerging technology integrating multiple disciplines, such as cryptography, mathematics, operating system, network communication, computer programming, etc., which requires talents to have a multidisciplinary interdisciplinary underlying knowledge structure, so that they can understand the underlying design principles of blockchain and master the ability of system architecture design.
 
        Blockchain talents should not only pay attention to the construction of the underlying technical knowledge structure, but also pay attention to the learning of the application layer business logic, so as to truly release the value of blockchain technology innovation and application, which should also become the training orientation of practical talents. Technology, talents and popular science have become the three focuses of Xu Mingxing to promote the geek dream. In eight years, he has created the blockchain industry group, and in the future
 
        
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