Development status of blockchain Market
Five aspects of blockchain instry growth potential promote the healthy development of Technology Virtual reality and other technologies are another emerging technology that will have a significant impact on the future, which is expected to promote human beings from the era of information internet to the era of value Internet
some countries and regions in the United States, Japan and the European Union have promoted the development of blockchain as an important national development strategy, and vigorously promoted the development and application of blockchain technology. China also attaches great importance to the technological innovation and instrial development of blockchain. With the joint participation of it and other enterprises, a large number of new enterprises, new procts, new models and new applications have emerged. The application of blockchain in the fields of finance, government affairs, energy, medical and other instries has graally expanded, and is becoming an important force to drive the technological proct innovation and instrial transformation of various instries
the development of blockchain can be divided into three stages, namely, blockchain 1.0, represented by bitcoin and related financial infrastructure applications, and blockchain 2.0, represented by smart contract. At present, it is graally moving towards blockchain 3.0, which is based on blockchain technology and more complex in-depth application of smart contract
statistical analysis of blockchain investment and financing in the first half of the year. According to the statistical data of in depth analysis report on business model innovation and investment opportunities of blockchain instry published by foresight Instry Research Institute, in the first half of 2018, the amount of financing in the blockchain field was about 10.7 billion, with a year-on-year growth rate of 1426% compared with the same period in 2017; The number of investment and financing events in the field of blockchain has reached 205, and it is expected that the investment in the field of blockchain will usher in another peak this year
according to the distribution of investment and financing rounds in China's blockchain field, the proportion of investment rounds in the start-up period (before round b) is more than 95%, with the joint investment of many instry pioneers, and most enterprises are still running around
statistics and growth of blockchain investment and financing in the first half of 2014-2018
data source: China attaches great importance to the development and application of blockchain technology. Driven by multiple forces such as policy, technology and market, the pace of blockchain innovation has been accelerating. It has been deeply integrated with cloud computing, big data, Internet of things and other technologies. The scope of exploration and application has also expanded from digital assets to supply chain management, intelligent manufacturing, instrial Internet, social welfare, right protection and other fields
five aspects to promote the healthy development of blockchain technology, promote the high-quality development of digital economy
1, in-depth study and grasp the development trend of blockchain technology and instry. Pay close attention to the international development frontier, jointly promote the research of blockchain related technology and instry, promote the standardization of blockchain development instry behavior, and create a good development environment
2. Strengthen the construction of core technology capacity of blockchain
establish and improve the collaborative promotion mechanism among backbone enterprises, universities and research institutions, guide it enterprises to strengthen technical reserves, accelerate the breakthrough of key core technologies, and improve the performance, efficiency and security of blockchain
3. Support entrepreneurship and innovation in the field of blockchain
encourage cross-border integration between blockchain enterprises and user units, guide instry organizations to establish public service platforms, support third-party organizations to carry out evaluation and detection of blockchain services, promote rich instrial applications of blockchain, and serve the transformation and upgrading of the real economy
4. Actively build and improve the blockchain standard system
accelerate the development and application of key standards, and graally build a perfect standard system. Actively connect with ITU, ISO and other international standards organizations, substantially participate in more international standardization work, and actively contribute more "Chinese power"
5. Accelerate the improvement of the policy environment for blockchain development
support qualified enterprises to carry out application innovation and mode innovation, and guide and encourage enterprises, universities and scientific research institutes to jointly cultivate professional talents needed for blockchain development. Support eligible blockchain enterprises to enjoy the preferential tax policies of the state to support the development of software instry and small and medium-sized enterprises
the instrial scale is small, but the growth potential is huge
the blockchain economy is on the eve of the outbreak period. The financial instry is relatively widely used, and the application of other instries has also entered the stage of exploration and development. It is estimated that from 2017 to 2022, the direct market value of blockchain will increase from US $410 million to US $7.68 billion, with a compound annual growth rate of 79.6%. It is estimated that all kinds of extended business based on blockchain will reach US $100 billion in 2020
instry application areas continue to expand
the financial instry takes the lead in the application of blockchain technology, and many financial applications have been implemented; Medical instry is an important area of blockchain application, which can better protect privacy, improve service quality and management efficiency; The demand of social authentication for blockchain is rising rapidly to solve the proof problem caused by information asymmetry; The application of blockchain technology in communication, supply chain and other fields is expanding rapidly
There is no doubt that blockchain has development prospects, and the necessary condition for development prospects is to enter the mainstream market
North America blockchain infrastructure the oan (former aion network) founder and CEO Matt spoke published an article entitled "in order to successfully enter the mainstream market, blockchain projects must" eat dog food "in Forbes on July 24, in which Matt mentioned his views on how blockchain should enter the mainstream market - & quot; Eat dog food
in the science and technology circle, there is a jargon called & quot; Eat dog food Dogfood (also known as eating your own dog food) refers to companies using their own procts and becoming users of their own procts. Many high growth companies (such as Microsoft, Facebook, Amazon, apple, Netflix and Google) also test their procts by "eating dog food" or help build credibility“ "Eat dog food" is often used to find and fix bugs, but it has another value: to create reliable use cases for the company's procts
this is worth learning from blockchain projects, because blockchain projects often hold & quot; Once built, they (users) will come naturally, which habitually leaves the responsibility of creating new and interesting blockchain applications to a third party
this attitude is very common, even the well-known blockchain summit consensus 2019 also held a conference entitled & quot; Once built, they (users) will naturally come: to build a global blockchain Center & quot; To discuss how governments around the world can make efforts to attract blockchain projects while balancing regulatory, investment and innovation needs
to be fair, this strategy may be effective for blockchains that only focus on people in the currency circle. For the security token, especially for the exchange represented by the transaction, it makes more sense - "supply creates demand" is the usual idea here, especially considering that the realization of these transactions requires the construction of complex infrastructure
in contrast, "eat dog food" is more likely to be adopted by blockchain project developers who seek mainstream audiences (such as those in financial instry, manufacturing and supply chain, identity management, etc.). If blockchain technology wants to enter these mainstream fields, blockchain companies must first "eat dog food". This can not only clearly prove that blockchain technology is feasible outside the coin circle, but also highlight that blockchain can not only optimize existing use cases, but also create new use cases
and the oan team has been adhering to this concept, and relying on the oan and aion's technology stack built over the years, it has developed a financial technology platform moves for independent workers
Matt said that in the development and development of moves, the team hopes that the relevant functions of the OAN blockchain network can be brought into full play, so it will focus on the following three aspects:
1. How to use the OAN blockchain network to improve the credit efficiency of the proct there are two main considerations to improve credit efficiency: 1) can we use the mechanism of the defi market to rece the cost of capital; 2) Can the blockchain technology be used to increase the external trust in the credit process of moves. Here, moves will form a mechanism of "pooling wisdom", so that everyone can contribute to recing credit risk and increasing the credibility of credit process, and may even develop a micro guarantee mechanism in the future. Therefore, users will be able to participate in the market established by the platform as borrowers, lenders or guarantors
specifically, by connecting moves with the oan network, and with the help of digital asset aion, a relationship of interest consistency is formed between procts and users, so that users can personally experience the success of moves procts and directly participate in the oan, a blockchain network supporting moves
3. How to create the first open system of financial reputation data with moves
this open system may become a substitute for traditional credit scores or related mechanisms. Over the years, banks and financial institutions have been using Equifax, Fico or other similar institutions' scores as risk indicators, and the moves team believes that the procts they are building will be a good start - the beginning of a more perfect and modern financial reputation system. This is a long-term goal
moves supports North American mainstream carpooling, take out and other casual work economic platforms, and will be the flagship open application developed by the oan on its blockchain network. In June, moves expanded its operations from Ontario to Alberta and British Columbia into western Canada
all the initiatives of the oan team adhere to the spirit of "eating dog food" and strive to make blockchain technology enter the mainstream market as soon as possible. Blockchain is not for the minority, but for the mainstream. In addition to the oan team, many projects and institutions in the blockchain instry are also aiming at this goal. Can you say that such an excellent and targeted blockchain has no development prospects
From District TV network Share: in 2018, blocklink bar AI has become the most popular technical term, and more and more technology companies have announced to enter the blockchain market. In the Internet, Xunlei, Renren, Fengfeng, Tianya and other companies have blockchain related actions. These companies share the same fate. They have all experienced prosperity, but after the impact of Internet entrepreneurship tide, they began to go downhill. Then they rubbed against the hot spots of blockchain and began to try to counter attack
Global blockchain instry investment is hot
according to the data of the "in-depth analysis report on business model innovation and investment opportunities of blockchain instry" released by prospective instry research institute, as of the end of April 2017, there were 455 blockchain companies in the world, with a total financing amount of US $1.947 billion. Among them, the total investment and financing of us blockchain related companies reached US $1.252 billion, accounting for 64.3% of the global market; The total financing amount of China's blockchain emerging enterprises is about US $114 million, accounting for 5.86%, ranking second in the world after the United States, and growing rapidly
at present, the overall survival status of blockchain is good, with a survival rate of 87.25%. Among all the invested companies, 47 have been closed, accounting for about 10.51%, and the other 10 have been acquired. Due to the change of competition pattern in bitcoin market, some companies have been forced to shut down. Meanwhile, some coin circle companies are graally transforming to chain circle companies.
exploration at the national level has also begun. On March 23, the information technology and Software Services Department of the Ministry of instry and information technology announced that it will study and explore the application of blockchain in the instrial field. Previously, the Ministry of instry and information technology said that it was preparing to establish a National Technical Committee for standardization of blockchain and distributed accounting technology to explore the formation of a complete blockchain standard system to better serve the development of blockchain technology instry
1. Decentralization
the core advantage of blockchain technology is that it does not need a traditional centralized organization, and does not rely on the point-to-point transaction, coordination and cooperation of a credit center in the distributed system, so as to avoid the common problems of data security, collaborative efficiency and risk control of centralized organizations
2. High security
in blockchain technology, data is difficult to tamper with. Anyone can access the database that records transactions. In this transparent and open mode, everyone can act as a supervisor. We can see at a glance what changes have taken place in the data, which is more secure than traditional technology
3. More reliable
the blockchain technology is connected by multiple nodes in different places. The nodes in the blockchain interact through the point-to-point communication protocol. Under the condition of ensuring the consistency of the communication protocol, different nodes can be processed by different developers using different programming languages and different versions of the whole node
in short, when a node encounters network problems, hardware failures, software errors or is controlled by hackers, the operation of other participating nodes and systems will not be affected
therefore, blockchain is more reliable than traditional technology
therefore, I firmly believe that the application of blockchain must be the development trend in the future.
as a payment method for goods or services
buy bitcoin on a bitcoin exchange
exchange bitcoin with people near you
earn bitcoin through competitive mining
participate in the platform and get a gift from the platform.
(2014-10-13 08:05:31)
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Finance is the promoter of human civilization
if there is no division of labor, human beings may still be wandering in the age of slash and burn cultivation. Therefore, the first part of Adam Smith's great book, an inquiry into the nature and causes of the wealth of nations, is about the principle of division of labor. He fully affirms the contribution of division of labor to the improvement of labor proctivity
however, without the emergence of money, division of labor is impossible. Because division of labor means the inevitability of exchange, and if the success of exchange is not mediated by money, but by direct barter exchange, then the success of exchange can only depend on luck. Money makes the exchange smooth and smooth, so the division of labor can be expanded, and the proction efficiency and technological invention can be accelerated
many things are so common that they don't feel important. Such as air, water and sunshine, as well as the love of relatives, are often ignored, but they are of great importance. The function of money as a unit of valuation is just like this. If it is not priced in currency, the "price" of each commodity will be expressed by the exchange ratio with each other. With the increase of the number of commodities, the price will be innumerable and the transaction can not be concluded. Money makes each commodity have only one price, so the exchange is much easier
another example is insurance. If there is no insurance, sudden changes of indivials and families, whether natural or man-made, may cause the tragedy of family destruction. However, with insurance, allowing a large group of people to share the losses of indivials and families can, to a considerable extent, alleviate the pain of tragedy and rece social shocks, so that society can move forward as usual. Insurance is a moral thing, isn't it
for example, the initial function of futures market is to stabilize the cost of procers. Without the futures market to lock in the cost of proction, proction can only be intermittent, and social life will not be stable. With the futures market, procers can focus on the proction itself and disperse the risk of cost changes to the financial market. Isn't that serving the people
everyone knows the importance of the University. For hundreds of years, the university has been the main inheritor of human civilization, as well as the main source of new knowledge, new technology and new civilization. However, just as religious places need donations to survive, the University also needs a steady stream of huge financial support
the first-class universities in the United States, including Harvard University, Yale University and MIT, all have foundations, have considerable financial assets and employ financial experts to take care of them. Without high salary, masters and famous professors, how can they condescend to preach and teach in these private universities? It's the old yellow calendar. Without capital investment, how can a magnificent building and so many excellent students enjoy the best higher ecation in the world? Keynes, the great economist, used to work for the Cambridge foundation
many people always think that only hard-working and hard-working can be valuable. Such as farming, such as working, such as manufacturing, in short, it is a real thing. Finance, a virtual instry, does not create value. This is a serious misunderstanding
I often say that hard work, sometimes to avoid more hard mental work, is a kind of real laziness. There is no real instry in the world. Even farming requires seeds, pesticides, chemical fertilizers, farming techniques, and soil improvement. All of these can not be achieved by "sweating down the soil", but by science
it's very easy to simply make one thing. China is now the center of global manufacturing. But what to make and how to make it? But not the manufacturer has the final say. Apple mobile phones (iPhones), though mostly made in China, are just assembly. Its R & D and design are not in China, and the main profits are not in China. This is because the manufacturing is too simple. The assembly line workers just repeat a few actions. We will, and others will, such as Mexicans, Vietnamese and Brazilians, but R & D is something that a few talents can do. Apple's mobile phone is a gifted and epoch-making proct
it is impossible to create a new world only by exerting great efforts, sweating and repetitive manual operation. All the labor that can create a new world is the work of scientists who seem very relaxed on the surface. And behind science is investment. For example, research on new procts and new technologies costs a lot of money. Who dares to spend money on something that sounds unreliable and unlikely to succeed, such as Steve Jobs' iPhone idea? Just like the real people, how can they be willing to invest in these strange ideas. But some people dare. These are venture capitalists
Silicon Valley in the United States has bred many world-class high-tech enterprises, such as apple, Intel, HP, Facebook, Google, Oracle, Cisco, etc. with them, today's human life style is very different. But behind these leading enterprises, there is the support of venture capital
Keynes has demonstrated this point incisively for a long time. He said that economic prosperity is not determined by proction (supply), but by demand, and the key to demand is investment demand. Without banks and financial markets, investment would be greatly inhibited. In fact, the prosperity of social undertakings, such as the film instry, is not so? Hollywood blockbuster is popular, but it's made of money
Finance is a kind of system
no matter in the past coinage, or later paper money and electronic money, they are not "real things". They have little value in themselves, but they can leverage and replace those "real things" that are much bigger than themselves. It's because money is trustworthy. The foundation of trust is the power of system
exchange comes from people's inner needs, and the essence of money is only a means of transition, a lubricant, and an idea. Therefore, it is not necessary to use real things. Therefore, the government, with its coercive force, stipulates that people must accept it. Therefore, paper money is a kind of institutional arrangement
the bank is also a system. Modern commercial banks, not only deposit and loan institutions, but also create new and large amounts of money under the guidance of the central bank through the partial reserve system. Money in an economy is not mainly printed, but proced out of thin air. On the surface, it's a trick, but it's a real trick to improve people's welfare. Because the financial society tells you, sometimes just a little more money, your life will really be better, magic bar
most people have deposits, but others have loans, such as mortgage loans. People who go to the bank for loans are wise. Even your best friend, brother and sister, is willing to lend you hundreds of thousands of yuan to repay in decades? I'm afraid I can't, because borrowing money has turned many friends and relatives into enemies. But the bank is willing to lend you, let you pay back slowly! Mortgage is a system of mutual encouragement and restriction
the original meaning of finance is the flow of funds. Since the emergence of money as the main form of wealth, there have been surpluses (potential suppliers) and deficits (potential demanders). Rich people are not necessarily good at making money, but those who are good at finding opportunities for making money are not necessarily rich. Without banks, the demanders and suppliers of funds would never know each other in their lifetime even if they were looking for each other blindly. Generation after generation of life and desire, in the waiting disappeared
the bank is the organization to realize the dream and the magic wand of the fairy. With banks, lenders and borrowers will no longer have to go around and find banks. The bank promotes the communication between the surplus and the deficit, and realizes the "finance". How many people are successful in their career, from nobody to wealth and celebrity, because of this magic wand
interest rate is also a system. The demanders and suppliers of funds exchange cash flow between the present and the future. How to balance the supply and demand or make both sides achieve their wishes? It depends on interest. The function of interest is to suppress demand and encourage supply. When the interest rate rises, the demand will fall and the supply will rise; If the interest rate falls, the demand will increase and the supply will decrease. Therefore, there must be an interest rate that both parties are satisfied with, that is, the equilibrium interest rate, so as to balance the lending relationship
the stock market is also a kind of institutional arrangement, and investors' investment funds cannot be refunded. How can this be accepted? Investors can participate in the general meeting of shareholders, receive dividends and dividends, and transfer shares in the secondary market. Listed companies must disclose information on time. By these, in exchange for long-term financial support from shareholders, then listed companies can do business with long-term plans
how important is the financial system!
In 2014, Barry Silbert, founder of secondmarket, separated the bitcoin investment fund from the original company and established grayscale investments
in 2015, gray investment company was merged into the newly established digital currency group (DCG). DCG is not only focused on digital currency and blockchain investment, but also an incubator for start-ups. In addition to gray investment company, DCG also has two subsidiaries, namely, genesis, a cryptocurrency OTC broker, coindesk, a blockchain news and information website, and more than 150 other blockchain companies / projects invested
after years of development, gray investment company has become the largest cryptocurrency asset management company in the world, and its cryptocurrency trust scale has reached US $2.58 billion
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extended information:
in 2013, Barry Silbert, the founder, convinced the board of directors of secondmarket company to set up a bitcoin investment fund called bitcoin investment trust, which is the predecessor of gray scale bitcoin trust. It was not until September 2017 that gray investment's bitcoin trust fund began to grow explosively
it has become the largest bitcoin investment trust in the world, with more than 408500 bitcoins, nearly 2% of the total. In addition to bitcoin trust funds, gray investment company also launched BCH, ETH, etc, horizon, LTC, XLM, XRP and Zec trust funds, as well as grayscale digital large capital fund with mainstream currencies. Gray investment company's cryptocurrency trust procts provide convenience for institutional users to purchase cryptocurrency