Blockchain New Economy Summit
The link from the website of Hangzhou Municipal People's government is "reconstructing the world"; The "2018 Hangzhou summit of blockchain new economy" will be held in Hangzhou International Expo Center from November 19 to 20, 2018
"reconstructing the world"; The 2018 Hangzhou summit of blockchain new economy is hosted by Hangzhou Municipal People's government, hosted by Hangzhou Economic and Information Technology Commission, Hangzhou financial office, Xiaoshan District People's government and Hangzhou Daily Group (China Media Holdings), and implemented by Qianjiang Century City Management Committee and Firebird finance. The theme of the summit is "technology driven economy". Based on building a highland of blockchain innovation, application and talents, the government, business and instry are invited to participate in the summit Distinguished guests from the academic circle, jointly discuss and promote "blockchain +" financial, manufacturing, medical, ecation, trade and government services, create new application scenarios, create new application modes, and make new efforts to build and establish Hangzhou as the blockchain capital
at present, all countries are living in the community of human destiny of "you have me and I have you". No country can walk out of the economic crisis alone and achieve sustainable development. Only in "innovation, vitality, linkage and inclusiveness" can we achieve common prosperity.
what is blockchain technology? Blockchain is a kind of distributed shared accounting technology. What it needs to do is to enable all parties involved to establish a trust relationship at the technical level. Blockchain can be roughly divided into two levels, one is to do the underlying technology of blockchain; The second is to do the upper application of blockchain, that is, the transformation, optimization or innovative application based on blockchain. What is the core meaning of the blockchain? Our understanding is that the core meaning of the blockchain is to establish data credit between the participants, create unilateral ecology under clear provisions through unilateral confrontation, and jointly guarantee complete opportunities. This is a system, and this kind of construction can end the problems before the blockchain, When data is shared, it is impossible to achieve new sharing. Even if you do orientation, it only gives you an interface. After the blockchain is established, the participants can realize credit sharing
blockchain has been applied in several fields. In the first field of digital assets, in addition to some points and check-in cards we have seen, it also includes various other assets, which have the process of asset digitization
the second area is trade finance, because trade finance is originally a way of multi link participation and multi-party participation, blockchain can greatly improve the efficiency of the middle, making many of the original procts achieve the effect of substitutes
the third area uses equity, which is the company's equity. Like some regional equity trading centers, the purpose is to solve the convenience between equity and trading, and to make a relatively convenient circulation. At present, the multi center blockchain system can indeed improve efficiency and rece costs
Introction to Bubi blockchain
Bubi blockchain is mainly positioned to provide commercial level blockchain infrastructure services, mainly including building a blockchain system and building a supporting system with high scalability on the blockchain system. And the support system above is the application of all walks of life. Bubi focuses more on the underlying technology of the blockchain. In the past three years or so, almost all the energy of the team of more than a dozen people has been devoted to the research and development of the underlying technology. The reason why Bubi blockchain chooses points has something to do with the promotion method of the market. As we all know, blockchain is a very suitable technology for digital asset issuance and trading. Integral is a kind of natural legal and compliant digital asset, which has little impact because of its small amount. So it's a very suitable choice to take points as the first attempt of digital asset issuance. Issuing points based on blockchain can also bring great help to the circulation and exchange of points
blockchain has many entry points in improving the financial system. Which link is the easiest to break through in different links
it is difficult to find a particularly good answer to which link is the easiest to cut in. But generally speaking, clearing and settlement, equity, various digital assets and other links are definitely the scope of application of blockchain. Every field is cutting in at the same time. At present, a realistic entry path is to graally evolve from incremental and peripheral to core components, and it is unlikely to enter the core at the beginning
the so-called peripheral, take clearing and settlement as an example, it is impossible to replace clearing and settlement system immediately at the beginning, but we can take some partial clearing and settlement business as a proof of concept, and graally we can replace and upgrade some large systems. This may be a relatively long process. Now it is difficult to give a time point for blockchain to be applied to clearing and settlement system on a large scale, It depends on the development trend
blockchain does not necessarily have no center. The so-called decentralization is more about establishing a multi center system to better overcome the original decentralized structure of each center
in fact, most of the links in the current financial system have their own centers, and it is almost impossible to share data with trust between each other - although it can connect systems and APIs, it is impossible to share data with trust. Blockchain can help these participants to set up multiple centers, realize joint trust, improve efficiency and rece costs. Therefore, the decentralization of the blockchain is by no means without a center or anti center. It is more multi center or sub center, and the decentralized center is the participants of each business. This is the next step that blockchain will change the financial system the most, and truly build a trusted multi center system
what is blockchain technology? After a certain application analysis, we will go back to the starting point. The definition of blockchain technology will become more and more abundant with the development of application. People will find more mysteries of blockchain technology.
blockchain technology, of course, is a new technology application after the development of Internet information technology to a certain stage. Once deeply integrated with the real economy, it is bound to promote the development mode and upgrading of the real economy, which is concive to saving resources, improving efficiency and recing costs.