Projects initiated by blockchain in 2017

1.

The following are the reasons why 2017 will be the most critical year for blockchain:

the lasting value of bitcoin

bitcoin, the initial tool of blockchain, ended 2016 with a high profile, which is a good omen

just after the new year, fortune reported that

"after the prosperity of 2016, the price of bitcoin has reached $1000, which has increased by 120% since the beginning of this year, and recently reached the highest point in three years. The reasons, including the devaluation of RMB, the risk of China's currency control and geopolitical instability, have been considered as the key factors for the success of cryptocurrency. Another reason for bitcoin's landmark year is its staying power - the longer it stays, the more familiar it will be, and more like a real store of value. "

whether it is fair or not, the feasibility of blockchain technology is always closely related to the performance of bitcoin. If the decentralized database can succeed in the financial field, it can also be widely used in other places. According to convention, the healthy development of digital currency has triggered a discussion on how to integrate blockchain into new areas. With healthy bitcoin, blockchain can expand rapidly in other fields

existing participants

of course, this has existed for some time, because the blockchain has been firmly bound to bitcoin. Over the years, many groups have invested a lot of money to apply the technology to a wider range of areas, while adding new features and creating new applications. If 2017 is a great year for blockchain, these existing players must be ready to grow with it

this trend is marked by the addition of 8 new members to the hyperledger project before the end of 2016. Software company CA technologies, blockchain project factcom foundation, healthcare alliance hashed health, Korean koscom, accounting company ledgerdomain, trade ecosystem developer lykee, sovrin foundation and telecom company Swisscom all joined in the project

The

hyperledger project has entered 2017 with an eye-catching membership list, and plans to introce blockchain feasibility case studies in actual use cases

new investment

the sign that the technology will make progress this year is that companies all over the world have laid the foundation for using blockchain status. Companies around the world applied for or accepted 356 patent applications related to blockchain or digital currency in November last year, almost double the number in the first month of 2016, according to the report of blog technology

Marc Kaufman, financial technology intellectual property expert at Reed Smith, told blog:

"we have witnessed an exponential growth in the number of patent applications, and we expect to see thousands of blockchain patents in the next five years."

the company is submitting patents in such a rapid way because the blockchain has finally achieved its goal from Utopia to digital ledger tool. With the increase of the number of patents, the new discovery of the index blockchain will enjoy wider legitimacy in 2017

it is only time to know the development trend of blockchain in 2017, and vice versa. However, it is obvious that the status of blockchain technology can be seen by all, which also proves the expectation of early investors for its potential and may develop new potential in the future

blockchain has also become a hot topic in the financial sector in China, and all major domestic financial institutions have tested blockchain projects. China Post and IBM have jointly developed a set of blockchain asset custody system; Puyin group launched the tea based digital currency Puyin

2. We have done alliance chain service for the financial instry, cooperated with Bank of China on relevant blockchain platform, and provided financial grade solutions waiting for business. Now we are doing a blockchain project all over the country. Launched by Changsha high tech Zone, there is a SMIC blockchain service platform project, which is a blockchain application landing project and a blockchain + public service mode. We are recruiting enterprises to join the chain.

3. Zilliqa is positioned as the bottom public chain, and its core competitiveness is to greatly improve the throughput of TPS (i.e. transaction processing speed) through fragmentation technology. In the latest experiment, the processing capacity of zilliqa test network reaches 2488 TPS, which is more than 100 times of Ethereum's maximum speed of 20 TPS and 355 times of bitcoin! Through fragmentation technology, when the number of nodes in the network is more, the transaction processing speed will be higher. When the number of nodes reaches tens of thousands, the transaction speed will hopefully reach the speed of visa, a centralized organization
zilliqa project's token name is ZIL, which has been circulated and traded on 23 exchanges. Mainstream exchanges such as fire coin and coin an support it, so it is very convenient to participate. ZIL's maximum supply is 21 billion, of which 12.6 billion will be released directly through contracts, and the other 8.4 billion will be released in the form of mining awards within 10 years
the main network of zilliqa will be launched at the end of 2018 or the beginning of 2019, and the mining reward is rich, especially in the early stage. The electric power cost of zilliqa mining is only 1 / 9 of that of Ethereum, so it is more feasible with less energy consumption. In addition, mining can be carried out through GPU graphics card miner, and can simultaneously double dig ZIL and eth, bringing higher benefits for miners
pay attention to "zilliqacn" to learn more about the progress of the project.

4. The second type of blockchain projects is platform type. What are the characteristics of platform type blockchain projects? What are the typical representatives
the second category of blockchain projects is platform. The main function of platform projects is to establish a technical platform to meet the technical requirements of various blockchain application development
in short, platform applications allow developers to directly issue digital assets and write smart contracts on the blockchain. Smart contract is a computer program running on the blockchain database, which can be executed by itself under the condition of meeting the source code setting
for example, you develop a smart contract based on the house rent protocol on the blockchain. When the owner receives the rent, it will trigger automatic execution and give the security key of the apartment to the tenant
the main function of platform blockchain projects is to establish the underlying technology platform, so that developers can do application development on the underlying technology platform. A considerable number of platforms are still in the development state. As of January 2018, Ethereum has the largest market value.

5. I wrote a lot of blockchain project analysis before and after, from the initial bitcoin, Ethereum and EOS to various application-oriented projects, such as exchange, currency, u like and other content-based projects, including the project party's draft. I have formed a set pattern for project analysis in my mind. I know this framework after reading my project analysis articles. I analyze the project white paper according to "project introction, launch background, project innovation, project team, development trends, token and market, project risk, competitive proct analysis, suggestions and summary", or match the content and framework in the white paper, Some will be filled in, others will not be written out; Next is the supplementary information as evidence, combing ideas, and then according to their own understanding to write project analysis, so as to be regarded as their own project analysis. For project analysis, I can summarize three steps: the first step is to collect information (see white papers, search engines, official articles, etc.); The second step is to set the frame template; The third step is to delete the content to form one's own understanding.

6.

Blockchain instry development trend analysis technology has broad application prospects

with the characteristics of point-to-point payment, openness and transparency, the most direct application field of blockchain technology application is payment field. However, there are many pain points in domestic ticketing instry, such as too many agent levels, rampant scalpers, selling more than one ticket, fake tickets, lack of credit, etc, It can be solved by blockchain technology. The traditional ticketing mode needs the support of centralized facilities such as the third-party ticketing platform, and the information is extremely asymmetric. The new ticketing mode based on blockchain technology can realize point-to-point transaction, and the whole process is transparent and traceable

blockchain e-ticketing platform

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data source: the financial field of blockchain + application sorted out by prospective instry research institute is reshaping the financial instry pattern

the open and tamperable attribute of blockchain technology provides the possibility for decentralized trust mechanism,
has the potential to change the financial infrastructure. All kinds of financial assets, such as equity, bonds, bills, warehouse receipts, fund shares, etc., can be integrated into the blockchain ledger to become digital assets on the blockchain. They can be stored, transferred and traded on the blockchain, which makes them have a very broad application prospect in the financial field

by recing the cost of cross-border payment, securities trading and compliance, blockchain technology can save banks $15 billion to $20 billion a year

through the application of intelligent contract, blockchain + insurance can realize automatic claim settlement of insurance policy. Insurance institutions have high management and operation costs, and the data on the blockchain is true and reliable, which can effectively simplify the processing process of policy claims. In addition, the blockchain technology can realize the digital management of personal data, simplify information authentication, and help to trace the history of data

entertainment of blockchain + application: the development ecology of blockchain has taken shape, and the media instry may become the main beneficiary

blockchain technology can be widely used in news, games, picture right and other entertainment fields

blockchain technology will bring great changes to the underlying structure of the game and have a great impact on the current game instry. Gamers now have gatekeepers (centralized organizations) to decide prices, tax, censor users, control content, and profit from data. Through the decentralized platform, consumers can socialize and trade without mediation, providing more control and flexibility for game players in the game experience

blockchain + applied supply chain: it can improve the transparency of the supply chain, establish a new supply chain system

blockchain technology can improve the transparency, traceability and security of the supply chain, and promote a kind of trust and integrity. 1) At present, the supply chain has many disadvantages, such as long chain, many intermediate links, many interest joints, opaque and so on; 2)
the distributed bookkeeping technology of blockchain can register the transfer of goods on the ledger as a transaction, and determine the participants related to the proction chain management, as well as the proct price, date and location

7. Blockchain projects favored in 2017:
1. The commercial blockchain projects launched by IBM have been applied by some companies around the world
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3. Blockchain technology is suspected to be used in the digital currency that the central bank plans to issue.

8. Recently, we have paid attention to some projects. One of the project contractors is Hunan souyun technology. Its "digital asset service platform" and the "SMIC blockchain service platform" project undertaken by Changsha Software Park Co., Ltd. are selected as the key blockchain projects released by Hunan Provincial Department of instry and information technology this year. Souyun technology is the president unit of Changsha block chain technology application instry association. It is an enterprise focusing on providing overall solutions and operation support for the instry. Now Hunan souyun technology, China Securities Digital Network Technology Co., Ltd. and several major stock exchanges have launched a public registration service center for block chain of film and TV series, which integrates block chain technology with film and TV projects, Using mature blockchain technology to provide right protection, trading, digital circulation and other needs.