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Wu Zhiyou said that "deep application of blockchain" needs Alliance Governance

Time : 14/12/2021 Author : 2edf7o Click : + -
        At the beginning, I will explain that the "deep application of blockchain" mentioned here refers to the blockchain application project that needs to rely on the data of all parties for collaboration, sharing and asset confirmation on the blockchain because there are more project participants and more independent holding node parties, and the relationship between them is more based on collaboration rather than affiliation. Moreover, the business scenario is not limited to the data on the chain. With the acceleration of the digitization process, we can see that "blockchain deep applications" are gradually increasing. In particular, cooperation between large institutions and across different types of institutions based on specific business scenarios will often consider implementing blockchain deep applications. In the practice of many blockchain application projects of grapefruit Industrial Road, we find that such projects often take a long period from the beginning of conception, initiation to the actual application. In addition to carefully sorting out and studying the complex and specific business scenarios, more problems are often not the realization of technology, but the difficulty of coordinating multiple participants and finally reaching a consensus.
 
        What is impressive is that more than two years ago, when I participated in the exchange of application projects of a certain exchange, the project leader of the client was a "technology giant" with rich experience in it projects. He was very smooth in discussing macro issues such as blockchain application scenarios and technology trends. However, when the topic turned to "details of cooperation with other participants of the project", he expressed a lot of "confusion". To sum up, there can be a prominent conclusion: the information system applications built in the past were basically centralized systems, with clear decision-makers, and the needs of multiple parties involved were at most connected, and most of them were related to each other. The blockchain application is different. The latter is a multi-party cooperative relationship, and all parties have the right to speak. The construction of application projects is based on the principle of common cooperation.
 
        The biggest difficulty lies in how to reach a "consensus". This "consensus" is not a simple goal, but includes many details such as the project's "field and direction", "partners and values", "rules and mechanisms", "rights and responsibilities". To put it bluntly, the only core of the alliance is "consensus". Consensus is the soul of the project, and consensus needs to be reached quickly. Behind the consensus is compliance. How to reach the consensus involves not only technical standards, business specifications, but also legal compliance. All of these are indispensable. Therefore, it is necessary to make top-level design for blockchain application projects. The core of this top-level design is alliance governance, which at least covers: first, system construction: including but not limited to target consensus, organizational structure, operation process, articles of association and system; Second, operation management: including but not limited to decision-making management, execution, assets, distribution of interests of all parties, assessment, rewards and punishments, data security, etc; Third, legal compliance: including but not limited to policy interpretation, compliance analysis, legal application and risk disposal; Fourth, technical specifications: including but not limited to network environment specifications, external system access, node planning and control, uplink data, privacy protection, etc.
 
        Many of the above contents are rarely concerned or not involved in the centralized construction system. The core reason is that in every multi-party collaboration, the data ownership and rights and interests of all parties must be protected (more and more enterprises and organizations have realized the data ownership, data security and data value), otherwise the common goal will not be achieved. Therefore, we can see that many blockchain application projects have long construction cycles The changes are large and the communication and running in costs are high. Even if the final realization effect deviates from the original goal, the root cause is that the top-level design of alliance governance is not well done and the parties can not reach an agreement on specific consensus, resulting in patchwork all the way, and the final appearance is distorted and distorted.
 
        As the overall solution provider of the alliance chain application project, grapefruit industrial road has accumulated a complete set of solutions on alliance governance in practice, and has built a complete service system with well-known management consulting institutions and law firms. It has helped many "blockchain deep application" landing through the alliance governance consulting service. Friends interested in this topic can have an in-depth discussion with us.
 
        
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