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Blockchain definition,Chen Weigang, supervisor of the board of supervisors of key financial institutions of China Banking and Insurance Regulatory Commission: in the future, the demand for blockchain interconnection will be prominent

Time : 11/12/2021 Author : crfb2k Click : + -
        On August 28, the Hobbit blockchain Research Institute and Baidu jointly launched the third live broadcast of the "hobbit lecture" series, which was watched online by more than 500000 netizens. Hobbit blockchain research institute takes new infrastructure, digital economy and industrial blockchain as its main direction. Through various forms, it cooperates with the government, enterprises, universities and relevant institutions to carry out extensive and in-depth research, explore blockchain application scenarios and cultivate professional talents in the industry. Chen Weigang, the director of the board of supervisors of key financial institutions of China Banking and Insurance Regulatory Commission, the former vice president of the Party School of China Banking Regulatory Commission, and the specially invited vice president of China Association of small and medium sized commercial enterprises, as the third guest, elaborated on the policy orientation and application prospects of blockchain.
        He believes that blockchain is a technology to solve the trust relationship between people and is a machine to create trust. In terms of the essence of blockchain, it is a new type of production relationship. It's my pleasure to share with you as the guest of the third session of hobbit lecture. Next, I will focus on sharing my personal views on the policy orientation and application prospects of blockchain. What is the status of the four most advanced fields in modern society, artificial intelligence, blockchain, cloud computing and big data? After studying Marxist philosophy and political economy, we know that the progress of human society is closely related to productivity and production relations. How does productivity come from? In the final analysis, one is the laborer; Second, labor tools; Third, the object of labor.
        Together, these three are productive forces. After we had artificial intelligence, great changes have taken place in productivity. In the past, the laborer was a human, but now the laborer may be a robot. Is this robot a human or a machine? This is a vague place. But generally speaking, artificial intelligence promotes the development of productivity through science and technology. "Science and technology are the primary productive forces". In this place, whether robots are human or machines, they are an important part of the productive forces. Therefore, artificial intelligence is the most important one of the modern productive forces. Productivity also includes cloud computing. Cloud computing is a production tool. The computing power of computers is very powerful and the computing speed is very fast.
        Therefore, production tools have also changed, and cloud computing is also productivity. What is big data? In the past, the definition of the means of production was that farmers had land, land was the means of production, and farmers had cattle, tractors, and so on. However, in the information age and the data age, the means of production are not simply visible objects, but also invisible data. Data has become the means of production. In addition to productivity and means of production, there is another factor called production relations, which is used to solve the relationship between people and things in the production process, including all relations of means of production, the organization and division of labor in the production process, and the distribution of products, such as the equal relationship between people or the relationship between exploitation and exploitation.
        In the digital era, blockchain is a new type of production relationship. Blockchain is a technology to solve what rights people have over data or digital assets, such as who owns digital assets and who owns digital rights. The development of blockchain technology is supported by the national level. In 2016, China officially promoted blockchain at the national level. In October 2016, the Ministry of industry and information technology issued the white paper on China's blockchain technology and application development, which summarized the current situation and typical application scenarios of domestic and foreign blockchain development, introduced the road map of China's blockchain technology development, and the direction and process of future blockchain technology standardization.
        This is the first time that China has released documents on blockchain at the level of national ministries and commissions. In December 2016, blockchain was written into the notice of the State Council on printing and distributing the 13th five year plan for national informatization as a strategic frontier technology for the first time. This is to rise to a higher level and define blockchain as a frontier technology in the national strategy. In 2017 and 2018, many national ministries and commissions further made more specific requirements for blockchain. In January 2017, the Ministry of industry and information technology released the development plan of software and information technology service industry, which proposed that innovation in blockchain and other fields should reach the international advanced level. In August 2017, the guiding opinions on further expanding and upgrading information consumption and continuously releasing the potential of domestic demand issued by the State Council proposed to carry out pilot applications of new technologies such as blockchain and artificial intelligence.
        In October 2017, the State Council issued the guiding opinions on actively promoting the innovation and application of supply chain, proposing to study the use of blockchain, artificial intelligence and other emerging technologies and establish a credit evaluation mechanism based on the supply chain. Trend 1: blockchain will penetrate from the financial field to the non-financial field. In the future, blockchain technology may not be used in the financial field, but may be used in other fields, such as social management and logistics. The first trend is to spread from the financial field to the non-financial field. Trend 2: enterprises will become the main battlefield of blockchain applications. Enterprises are the main users and the biggest beneficiaries of blockchain. Enterprise applications will become the main battlefield of blockchain, and alliance chain and private chain will become the main direction.
        Trend 3: promote diversified technical solutions. In the future, blockchain technology will be washed out by the waves. Some good technologies will be left behind, and those that do not adapt will be eliminated. Therefore, it is still the primary stage of blockchain, and the technology of blockchain is still very immature. Trend 4: blockchain will be closely integrated with cloud computing. Blockchain itself is a technology for manufacturing trust, which needs data as support, and the operation of data is computing. In the future, big data will depend on cloud computing to be applied in the blockchain. Trend 5: the security problem of blockchain is increasingly prominent. Security issues mainly refer to technologies that need to be protected and blockchain management, so that blockchain can truly become a technology that benefits mankind, just like nuclear technology, which is used to benefit mankind, rather than harm mankind.
        Trend 6: the cross chain demand of blockchain is increasingly prominent. In the future, when blockchains are interconnected, the data of one alliance chain and another alliance chain must be shared, and cross chain requirements will increase. Trend 7: blockchain patent competition will become increasingly fierce. Because all enterprises are studying the blockchain now, because the blockchain is not mature, everyone may apply for patent protection, and the patent competition will be very strong. Trend 8: investment risks are gathering. The risks referred to here include three aspects: one is the risk of using tokens as crowdfunding and fund-raising; the other is the risk of investing in blockchain technology, because technology companies are also good and bad; and the third is the risk of using blockchain for investment.
        Trend 9: the regulation of blockchain is being strengthened. Everyone thinks that blockchain is a sharp sword to open up new territory and is widely used in modern production and life. Since it is a sword, it may be a double-edged sword. It has both good side and risk side. This risk must be prevented by supervision. Risk prevention means strengthening supervision. At the same time, supervision itself may also use blockchain technology. Trend 10: the requirements for standardization, standardization and open source of blockchain are increasingly prominent. There is no future for a technology without unified standards, unified specifications and universal application. Second, basic barrier. Blockchain needs a large number of digital projects. The higher the degree of digitization, the faster the promotion of blockchain.
        At present, it needs its own infrastructure, such as 5g, cloud computing, large storage, cloud platform, etc. This is the basic need. The process of digitalization is also a new infrastructure. How to turn these physical things into digitalization is a huge project. Talent is also a barrier. At present, many technicians are familiar with blockchain, but the number of technicians is also uneven. Third, the technology barrier mainly refers to the immaturity of technology and the absence of unified standards, which is still in the primary stage, the core technology is not really mature, and the unification of mechanism and technology is not enough. Fourth, legal barriers. Because blockchain is a new thing, before the new thing comes out, the law is definitely not sound, and it needs to have some regulations to unify as soon as possible.
        Fifth, application barriers. Where is the real scene of blockchain? It needs to be constantly explored. This is also reflected in two aspects. One is that he does not know where blockchain is really applicable, and the other is that he knows the application value of blockchain. However, after using it, it will weaken the power of some people, make some people feel pain, and suffer losses. He is unwilling to use blockchain technology and will block the application of blockchain.
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