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Blockchain is changing the future life, and the 2020 China Times Industrial blockchain summit was successfully concluded

Time : 24/07/2021 Author : kly2vt Click : + -
        It coincided with the "10.24 line talk day", and the "exploration and transformation, service industry 2020 Third China Times Industrial blockchain summit" co sponsored by China times, shuipi Zatan, China Times financial research institute and cointegraph Chinese was held in Beijing. Gather the most cutting-edge technology developers, operators, researchers and regulators in the blockchain industry to discuss topics such as industry standardization, industry policies, enterprise financing, specific landing applications, and enabling the digital economy. During the summit, more than 20 mainstream financial media and leading media in the encryption industry came to the scene to report, and sina finance global exclusive live broadcast of the summit.
        In response to the call of the central government, Huaxia times stepped on the fast train of rapid development of blockchain, continued to bring the most cutting-edge reports and thoughts of the blockchain industry to the public, and worked hard to play the role of the leader of mainstream media in social development. In his speech, Mr. shuipi, CEO of Huaxia times and famous financial commentator, said that the development, application and popularization of any new technology is a tortuous process. Five years ago, Huaxia times paid great attention to blockchain and held two blockchain related thousand people conferences in Shanghai. In 2019, blockchain technology related topics were once again focused by everyone. The media should provide correct guidance for blockchain. Blockchain technology and finance are naturally linked. Bitcoin is the most successful application case.
        The Chinese government is now vigorously promoting the development and use of blockchain, such as using blockchain technology to transform the equity exchange system, especially introducing such infrastructure in the Beijing exchange. To a certain extent, blockchain has become a standard configuration of "new infrastructure". It is an underlying technology, or can be said to be an underlying infrastructure. Mr. Li Ming, director of the Research Office of China Institute of electronic technology standardization, mentioned in his keynote speech on "blockchain standardization helps industrial development" that the trustworthiness and tamper proof characteristics of blockchain technology have reached a consensus in the global digital economy. From the perspective of public trust, the primary core of promoting the development of digital economy is data. Digital economy includes two aspects, digital industrialization and industrial digitization.
        Digital industrialization digital includes blockchain, big data, artificial intelligence, 5g and other new generation economic technologies. Industrialization is the use of these digital technologies to complete industrial upgrading, such as legal technology, digital technology, financial technology, etc. its core element is data. He also said that the new generation of information technology such as blockchain is a tool for processing data, forming data-based services through data processing, thus promoting the development of the digital economy. Blockchain takes advantage of its features of visibility, trust and tamper resistance to promote the sharing and flow of data through the combination of blockchain and privacy computing. Therefore, blockchain is the best tool to release the value of data.
        Zhu Youping, deputy director of the national information center and China economic network management center, said on the spot that the transformation of digitalization is from the digital economy 1.0 based on the Internet to the digital economy 2.0 based on the blockchain. He believes that to a certain extent, blockchain technology has changed production relations. First, blockchain technology has solved many pain points in the Internet age. Second, blockchain code credit has changed the financial logic and formed a new type of capital supply mode to solve the problems of difficult and expensive financing. Third, the blockchain technology has changed the organizational logic. In the future, the blockchain community can solve the problems of market users and front-end financing.
        The future development direction of blockchain technology is mainly distributed storage, supply chain finance, chain merchants and games. At this forum, Li Xiaofeng, the former deputy director of the science and Technology Department of the people's Bank of China, he Yifan, the executive director of BSN development alliance, he Yifan, the CEO of Beijing jujube technology, Dai Weiguo, the CEO of Beijing core technology, Chen Chang, the executive president of Zhigui technology, and Huang Lingbo, the distributed capital partner, as the most cutting-edge researchers and developers in the industry, made a profound discussion on the digitization of industrial blockchain. Li Xiaofeng, former deputy director of the science and Technology Department of the people's Bank of China, believes that the financial digital transformation is the digitization of the financial industry from the outside. According to statistics, the blockchain projects of domestic financial institutions from 2016 to now account for 20% of all the services recorded by the state network information office. Although there are many projects in the past four years, the depth is not enough; Blockchain has a wide range of applications, but blockchain has not formed an industry in the financial field, and the economic form of the distributed financial model has not been clearly seen.
        Li Xiaofeng also mentioned that the consensus node should pass through the BSN chain, and the government also hopes to cooperate with the BSN alliance chain system in terms of health care and smart city. Blockchain transformation does not occur in one industry. It occurs through a collaborative mode formed by multiple actors across industries. He Yifan, executive director of BSN development alliance and CEO of Beijing Hongzao technology, said that BSN is a global organization, an alliance chain in China, and an integrated public chain in overseas BSN. BSN has a lot of communication and cooperation with regulatory agencies. For example, after DCEP comes out, various alliance chains can be integrated and based on the legal currency of the country. The whole package will establish a complete system of Chinese characteristics.
        BSN is a new form of the underlying industry. At present, many enterprises are very convenient and easy to deploy application tools on open alliance chains such as ant chain of ant group and super chain of Baidu. Dai Weiguo, CEO of Beijing core technology, believes that the development of blockchain will be faster and faster. It will take time to verify whether the landmark of development is the appearance of TOC application scenario or the appearance of Tob scenario. Referring to the advantages of industrial blockchain, Chen Chang, CEO of Zhigui technology, believes that industrial blockchain is the utilization of data, and a product developed by Zhigui technology can activate and utilize data. The role that blockchain technology can play is to help enterprises and individuals define the ownership, management rights and revenue rights of their data, so that the data can flow controllably and enterprises can reduce the data credit.
        On the premise of compliance, we can use the obtained data to obtain some benefits, which is the new value that can really be brought to the industry. In addition, with regard to data, the Internet era lacks privacy, and blockchain technology is also trying to solve this problem. Huang Lingbo, a partner of distributed capital, believes that the blockchain technology is actually Internet 3.0. The Internet realizes information transfer, the blockchain realizes value transfer, and the blockchain is based on the development of the Internet industry. Blockchain is a transformation of production relations. Blockchain technology may cause conflicts between some vested interests, and the development speed is bound to be slower. It needs bottom-up support.
        In his keynote speech, Sun Ke, director of the Digital Economy Research Department of the China information and Communications Research Institute, mentioned that the Ministry of industry and information technology is the first Department of all ministries and commissions to pay attention to the blockchain. In Document No. 1394 of the 13th National People's Congress, he mentioned the suggestions and policies related to the blockchain. He believes that the digital economy is divided into three parts: Digital industrialization, industrial digitization and digital governance. The digital economy is digital industrialization + industrial digitization + digital governance. One of its manifestations is blockchain technology, the other is blockchain + real economy, and the third is blockchain + governance. Sun Ke believes that from the perspective of industrial demand, blockchain is currently mainly used in five scenarios: first, digital assets, including wallets, including many software and hardware, including many investment and financing management; Second, digital currencies DCEP and defi are summed up as digital currencies, which are very important for cross-border trade payment; The third scenario is the application of many industries, such as data assets; The fourth type is that the real economy is also promoting the process of "blockchain +". For example, the digital identity of the Internet of things and the industrial Internet are actually promoted by the way of blockchain.
        Finally, the consumption field, such as many games, communities and gambling, is applying blockchain. These five aspects basically cover the scenarios of blockchain applications in our country. The potential risks of the development of blockchain may include centralization paradox, performance bottleneck and bifurcation risk; The other is technology related risks. Liu Xiaolei, a professor of finance department and accounting department of Guanghua School of management, Peking University, said in the keynote speech of blockchain and enterprise financing that the government is currently transforming from land finance to data finance. In the past, the government's economic development has always been land finance. Now there is no way to continue the land sales model. What needs to be developed next is the transformation of the stock and the legal and legal use of the data resources in the hands of the government.
        It is the process of transforming land finance into data finance. She also said that blockchain technology has accelerated the transformation of enterprises from subject credit to asset credit and transaction credit. For many years, traditional banks, large, medium, small and micro enterprises are all subject credit. In the future, blockchain technology and Internet technology can promote the transformation of enterprises into asset credit and transaction credit. Zhang Lu, CEO of SunLi 360, said when sharing the theme of the landing and opportunities of digital new infrastructure that the blockchain is a very important part of the "new infrastructure", and the financial industry is an important part of the blockchain that must be paid attention to. Computing power is the infrastructure of the whole industry, and computing power also determines the governance rules of the industry. Therefore, the safety of computing power is the most important thing in the industry.
        At the blockchain + financial round table forum, Wu Yijia, partner of Bisheng capital, Hu Tao, CEO of tokeninsight, and qtum quantum chain co-founder & amp; CEO Shuai Chu, founder of coin core technology Ju Jianhua and atoken partner Ning Xian attended the round table forum. Wu Yijia, partner of Bisheng capital, believes that Inclusive Finance emphasizes the broadness of the audience. For the development of the current blockchain, the audience is still small. In addition, the risk of decentralized financial defi project is the risk of smart contracts. Smart contracts are automated protocols. Smart contracts are still at a very early stage in the field of defi.
        Hu Tao, CEO of tokeninsight, said that blockchain technology is providing convenience to countries with very weak financial infrastructure. For example, the old financial system in Africa cannot send money to families in Europe, the Middle East or the United States. Blockchain technology can help realize this process. Similar blockchain projects launched by the governments of developed countries can help local residents and small and medium-sized enterprises to directly transfer the whole domestic foreign exchange quickly, which involves a large number of cross-border trade settlement. Looking at the world, blockchain technology has served people in developed and underdeveloped countries in different fields and in different forms.
        The blockchain will eventually bring about very large and comprehensive changes to the financial industry. At present, bitcoin can be used as a payment medium in the global purchase of goods. Some cryptocurrencies and the real economy have been deeply bound, which has caught many banks by surprise. Ju Jianhua, founder of coin core technology: through blockchain technology or defi application, we can better allocate global assets and funds to occupy relevant resources, so that the funds of countries with negative interest rate and zero interest rate can better support high interest industries. Once such business can be implemented, it will grow rapidly in the future. Qtum quantum chain co founder & amp; CEO Shuai Chu mentioned at the meeting that the financial industry and the blockchain industry will have more in-depth running in and promote each other.
        The mature regulatory system, mature management mechanism and mature financial laws and regulations established by the financial industry are what the future blockchain industry needs to learn and use. Ning Xian, a partner of atoken, believes that the greatness of smart contracts lies in that they do not need to add additional computers, and they do greatly reduce costs, and they are still at an early stage.
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