Zhang Shousheng invests in blockchain bankruptcy
Shenzhen's IT leaders summit has come to its 10th year. As the annual program of China's Internet giants gathering in Shenzhen, Shenzhen and its star enterprise Tencent are trying their best to entertain those bigwigs who come from afar
Zhang Shousheng, Professor of Stanford University, USA:
the generation of blockchain can create a data market. In my mind, the ideal future world is that everyone has their own data, which is a completely decentralized storage. In this way, it is impossible for hackers to hack everyone's personal data and then use some encryption algorithms, In the blockchain, it can really protect personal privacy and make very good calculation
artificial intelligence needs data, but data is often monopolized by centralized platforms, which hinders innovation. Encryption economics creates a data market with correct incentive mechanism for data providers, and artificial intelligence can take off on this data market. In a fair data market, the value of data is measured by cross entropy. In our society, some minorities will be discriminated against. However, in the encrypted data market, the data they provide will receive the most attention. Encryption economics can offset all kinds of prejudices in current social economics
Ni Zhengdong, founder and chairman of Qingke group:blockchain is a direction of technology. Technically speaking, how much value blockchain can have is still a question mark, which may have great value, but today, the application has not been implemented. We don't deny the value brought by blockchain. In terms of technology, I think it is very valuable and promising, but no one can know how big the prospect is
in the financial field, blockchain is absolutely subject to supervision and is not a free world. Political orientation should be correct. In the field of blockchain, we should adhere to the leadership of the party and accept supervision. digital currency can not be anarchism, it needs the correct guidance and supervision of the government
now we all focus on the real economy, whether it's entrepreneurship or investment. I think the blockchain itself should create value. If a company issues a coin and doesn't know what to do, it will suddenly be worth tens of billions of dollars, which is completely divorced from value creation
as for the title of classical investors, it's just a joke, or to grab an eye and create some concepts. I believe that 99% of the projects or 95% of the projects will be done by classical VC in 2018
Yan Yan, founding partner of Saifu Asia Investment Fund:blockchain is very popular, but in fact, institutional investors participate very little. At present, many of them are indivial behaviors. More than 95% of ICO in China is money making, and the really large first-line institutional investors actually participate very little. To be honest, these people can become first-line institutional investors. They are not fooled. They know more than you, see more than you, and read more books than you. How can they be so stupid? They make money from people with lower IQ than you
Wu Ying, chairman of the digital China Federation:
pays close attention to the blockchain and has made a certain investment layout here. Among the three or four companies invested, there are 13 patents. Among the listed companies previously invested, 2 are doing blockchain business. However, it will take some time for blockchain to break out. On the whole, it will take about three years for blockchain to have a direct impact on the economy, but it may be faster than the United States in some aspects. Focus on the application of right protection of works of art, and set up an angel fund to invest in blockchain in the future
talk about big data: the obstacle of data exchange lies in the system rather than technology
Wang Jian, chairman of Technical Committee of Alibaba Group:
data is the material basis of digital economy. Data can neither be shared nor opened, but the value of data can be shared. Uber and didi are great changes in human behavior. What have they changed? In fact, Uber and didi are not sharing cars. In the past, they came out from home in the morning to tell their parents where to go. But with Uber and Didi, you can actually share with a company about where to go today. This is the real change
Guo Wei, chairman of the board of directors and chairman of Digital China Holdings Co., Ltd.
from the perspective of the government, he highly recognizes the value of data, but it is very difficult to implement it. Data itself has a natural segmentation, different people have different cognition of data. Another very important point is the division of interests. Due to the huge benefits brought by mastering the data, some people are not willing to release them. If released, it means the loss of privileges, which is the most difficult part in the process of data access today
from the perspective of today's technology, there is no problem to achieve data access with our technical ability, whether it is traditional technology or the latest developed technology. But the most important obstacle is the system
Yan Yan, founding managing partner of Saifu Asia Investment Fund:
the opening of data is a double-edged sword, and social data should not be open to everyone, because data is useless to more than 95% of people, and there are less than 1% of people, so it is harmful to the society to give them data
The news that bitcoin ranks among the top 30 power consumers in the world is indeed a bit surprising, but if you think about it carefully, it seems reasonable to have such real power. after all, to get bitcoin, you need to consume computing power, which is linked to electricity. In addition, after the appreciation of bitcoin, mining people become more and more powerful, which will naturally make bitcoin a power consumer
generally speaking, bitcoin has become a big power consumer mainly because it needs power consumption to obtain
huge rendant account books and maintenance cost
issue of currency
the earliest currency was precious metal gold and silver. Due to the inconvenience of use, symbolic currency was invented to describe gold and silver (how much gold and silver is printed and how many banknotes are printed), and then the financial crisis made people completely symbolize and credit currency, which was also separated from gold and silver, Only credit currency is used to participate in transactions
up to now, credit currency has been electronic (I say this because it is essentially the continuation of paper currency, which can not be called digital currency), and the daily huge transaction data is completed by computer.
some geeks believe that the issuance right of currency is centralized in the center (gov), so if the gov wants to issue additional money, it will issue additional money, To put it more simply, if you want everyone to pay taxes, you have to pay taxes. You don't have to tell me
therefore, the currency backed by government credit may also go bankrupt (referring to the currency of the Republic of China, to put it bluntly, the reliability of social elites and dignitaries can only guarantee the rights of the common people if they actively meet their priorities in peacetime)
in this case, to protect basic economic activities, people have two choices: to go back to the previous trading methods, such as gold and silver or barter, and choose a decentralized monetary system. Bitcoin provides the second choice
blockchain can not only solve the above problems at one time,
it can also replace the existing technical solutions of banking instry with blockchain technology to rece costs
cost rection is not the most important thing. It mainly solves the issue of currency. I don't know if I will look up the water meter if I write too much detail, so I won't write it...