When will blockchain be applied in China

1. Since 2019, blockchain has been mentioned continuously. As the key technology of the next generation Internet, governments and giant enterprises have increased their efforts in the research and application of blockchain, and the competition for the right to set instry standards is becoming fierce
according to the "2019-2020 global blockchain technology layout and business investment trend research report" released by AI media consulting, with the further liberalization of policies in the future, China's blockchain instry will usher in a stage of rapid development, and is expected to enter the first echelon of global blockchain instry in an all-round way< The importance of blockchain technology to a new round of instrial reform has been paid more and more attention. Major countries around the world have accelerated the research and development of blockchain technology. However, because the instry has not yet formed a unified technical standard system, the application and promotion of blockchain are still subject to many restrictions< Second, the barbaric growth has ended and the instry has entered a new stage
after the capital winter of 2018, a large number of blockchain enterprises have been eliminated, the overall popularity of the instry has declined, and the capital has returned to rationality, and the barbaric growth stage of the blockchain instry is coming to an end. In 2019, policy factors will pull the blockchain back to the development wind, and capital and talents will flow into the blockchain instry again. With the continuous advancement of application, supervision and standardization, truly competitive blockchain enterprises will graally emerge, and the instry will usher in a new round of rapid growth.

2. Tourism instry: triporg travel is a blockchain tourism service application, which can provide people with reservation services such as train tickets.

3.

It's only in the first tier cities that we know about this technology, but it's not very widely understood, let alone in other tier cities. The banking sector is also preparing to apply blockchain technology, but it has not really been applied. The financial instry also needs to apply it, but I don't know when. To be exact, blockchain is only in the initial stage of trial in China

in China, the instry in which blockchain has been applied is network mutual help bar. As I know, network mutual help platform concentric mutual help is the first real blockchain landing application in China. Through blockchain and big data technology, we can eliminate the defects of traditional network mutual help mode and establish an open and transparent new network mutual help platform

you can download their blockchain customer service end to experience it

4. It can be said that 2016 is the first year of the development of China's blockchain. Since 2016, the government has focused on and supported the development of blockchain technology and instry in various forms
especially in the 13th five year plan for national informatization released in December 2016, it is clearly proposed that the innovation, test and application of new technologies such as blockchain should be strengthened to seize the leading power of new generation information technology
in January 2017, the block chain based digital bill trading platform promoted by the central bank was successfully tested.

5.

Vpay, full name is visual payments, Chinese means virtual payment. It was first established in the United States as a platform for digital currency trading, such as bitcoin, quark coin, Leyte coin, etc

vpay is a payment platform for the circulation of digital currency, which was created by Mark & Chen 9642, a former technology executive of Google; Created by Milo. Vpay is a platform without borders, digital trading platform, international shopping mall platform, like Alipay and WeChat. The difference is that Vpay is developed by the most popular block chain technology in the financial circle since 2017. It can achieve cross border transfer without any spot, and there is no fee. p>

extended data

digital currency is short for digiccy, which is the abbreviation of "digital currency" in English, and is the alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digiccy

digital currency is an unregulated and digital currency, which is usually issued and managed by developers and accepted and used by members of a specific virtual community. The European Banking authority defines virtual currency as a digital representation of value, which is not issued by the central bank or authorities, nor linked with legal currency. However, because it is accepted by the public, it can be used as a means of payment, or it can be transferred, stored or traded in electronic form

6. It is estimated that it will be 2023. Now the blockchain technology is not mature enough and needs to continue to develop

7. 1. Weizhong bank uses blockchain technology for loan clearing
Weizhong bank and Shanghai Huarui bank have put into trial operation the inter-bank joint loan clearing platform based on alliance blockchain technology, which is used to optimize the settlement and clearing of "micro loan" joint loans of the two banks. With the introction of the blockchain system, all the information is recorded on the blockchain network, which can not be tampered with. The transaction process is cleared at the same time, realizing real-time clearing, saving a lot of manpower and material resources. This is the practical application of "alliance chain"<

2. China UnionPay uses blockchain technology to realize inter-bank points exchange
China UnionPay and IBM try out a shared points system based on blockchain technology. Using this blockchain system allows users to exchange bonus points across banks and platforms. In other words, the bonus points of one bank can be exchanged for bonus points of other banks, or even multiple airline mileage and supermarket awards. It greatly improves the use efficiency of bank points<
3. Toyota uses blockchain technology to track auto parts
Toyota joins the R3 alliance, and stores the proction, processing and usage of each part in the blockchain through blockchain technology, so that when there is a problem with auto parts, it can easily and quickly find the source of the parts
4. The central bank's blockchain digital bill trading platform
the test of the blockchain based digital bill trading platform promoted by the central bank is successful. The introction of digital currency for settlement can realize the synchronous transfer of capital flow and information flow of digital bill transaction, so as to realize DVP bill settlement. At the same time, the blockchain digital identity solution solves the problem of repeated KYC authentication between different financial institutions
5. Ant financial services blockchain application
ant financial services blockchain technology tests water insurance, and helps Xinmei mutual insurance company to launch the first love rescue account in domestic insurance instry. Blockchain technology makes every fund flow open and transparent, every fund flow data can not be usurped, and the whereabouts and uses of every fund can be traced. Ant blockchain is used in food safety traceability and commodity traceability

Author: blockchain development company
link: https://www.jianshu.com/p/5ff8437bd58b
source: Jianshu
the right belongs to the author. For commercial reprint, please contact the author for authorization. For non-commercial reprint, please indicate the source.

8. Blockchain should be popular in China. I have also heard Zhai Shanying talk about blockchain technology. Blockchain can be said to be a comprehensive technology. Take the phenomenon of people touching porcelain for example, blockchain technology is to let everyone in the world understand the experience of touching porcelain. The emergence of a technology, there should be pros and cons, so do not blind everything, the market will give us the answer.