Blockchain penetration
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
driven by policy and market, China's blockchain related instries are expected to move from virtual to real
in the context of rapid development of blockchain, China should comply with the needs of globalization, keep up with the international pace, and actively promote the research, standardization and instrialization development of domestic blockchain related fields. Compared with the increasingly stringent supervision of bitcoin and other digital currencies, the support and encouragement of blockchain technology has reached a consensus in the world, and the domestic blockchain technology will also receive national and local policy support in the next few years. Driven by policy and market, blockchain related instries are expected to move from virtual to real, and blockchain technology will accelerate the exploration of possible application scenarios< According to the data of the "in depth analysis report on business model innovation and investment opportunities of blockchain instry" released by foresight Instry Research Institute, the global blockchain market scale is expected to increase from US $411.5 million in 2017 to US $7683.7 million in 2022, with a compound annual growth rate of 79.6%. In view of the wide application range of distributed ledger, the rising market value of cryptocurrency, the strong demand for improving transparency, security, efficiency and simplifying process, and the popularity of blockchain as a service (
baas), the blockchain market will expand rapidly. In addition, communication services, international trade, supply chain management, programming platform, payment, smart contract, digital authentication and so on are also in urgent need of blockchain technology, which will create a lot of growth opportunities
as an integrated application of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other technologies, blockchain has become a research hotspot of the United Nations, the International Monetary Fund and other international organizations as well as many national governments in recent years, and the instry has also increased investment. At present, the application of blockchain has extended to the Internet of things, intelligent manufacturing, supply chain management, digital asset trading and other fields, which will bring new opportunities for the development of cloud computing, big data, mobile Internet and other new generation information technology, and have the ability to trigger a new round of technological innovation and instrial change
by 2022, the payment sector may occupy the largest share of the blockchain market
relying on blockchain technology, real-time payment of assets can be realized, which not only has the characteristics of tamper proof and digital authentication, but also can greatly save the cost of settlement for financial institutions and banks. In addition, blockchain makes payment automation possible, eliminates the need for middlemen, and saves labor costs and time for buyers and sellers. Thanks to the above advantages, it is expected that the payment sector will be the heaviest one in the whole blockchain market
the fastest growing region will be the Asia Pacific region.
blockchain service providers in the Asia Pacific region are good at designing and developing cryptocurrency platforms with friendly interface, cost saving and high speed, and extending the application of blockchain in many instries. Both large enterprises and small and medium-sized enterprises are actively seeking risk financing, investing in and developing the most cutting-edge blockchain technology. In addition, the real estate instry of some countries in the Asia Pacific region is expected to rapidly transform from translucency to full transparency, which also helps to enhance the development prospects of blockchain in the Asia Pacific region.
Blockchain is a kind of technology, which solves the core "trust" problem in the market economy and reces the trust cost between strangers to a very low level
there is one crucial thing in the market economy, which is "trust". Without trust, no deal can be established. When you go to LAICHANG to buy vegetables, if you don't believe that the pesticide content in vegetable is up to the standard, you won't trade with that dealer; If you buy a bottle of water in a small shop, the clerk will not sell you the water if he doesn't believe that the money you give is real
the traditional small-scale peasant economy is acquaintance economy, and the transaction scale is limited to people who are familiar with each other nearby. If an acquaintance deceives you, he will lose your social relationship and damage his reputation in the whole circle of acquaintances. We believe that acquaintances are less likely to cheat us than strangers
therefore, once we are beyond the scope of acquaintances, we need to use a high cost to identify whether a stranger will cheat me and how to avoid the risk of being cheated. This situation will hinder the transaction and restrict the transaction
in addition, different races, nationalities, cultures, religious beliefs and so on will naturally have this kind of trust problem
in the market economy, why can there be so many transactions between strangers? Because of the birth of a new mechanism to solve the problem of trust in strangers
so far, the most important mechanism to solve the trust problem is the "trust intermediary" organization and mode
as long as you and strangers trust a third-party organization, the trust problem between you can be solved through this third-party organization
this third-party organization, we call it trust intermediary. Both the government and the bank are trust intermediaries
you can sell the goods you have worked hard to proce to a stranger in exchange for a stack of RMB banknotes. It's because the credit of the note issuing bank and the guarantee of the authority of the government guarantee the currency value and effectiveness of the banknotes. Otherwise, sell things, in exchange for a few ordinary paper, who would like to
in the era of global village and Internet, the people who buy your things may be strangers who will not meet and thousands of miles away. Trust is lower, so Alipay assumes the role of trust intermediation. Buyers first pay the goods to Alipay's account. When they receive the goods, they confirm that they are OK, then they agree to sell the goods to the seller. Taobao and other e-commerce have been booming rapidly in just over ten years
trust intermediary is in a central position in the transaction system. All transactions should solve the trust problem through it
However, the cost of trust intermediary itself is often hugeas a trust intermediary, how much transaction tax does the government charge each year? What is the most profitable instry? Financial services. The annual profits of Alipay's ant suit are over ten billion. p> What does this mean? Both sides of the market actually pay a huge trust cost
if there is any way to cancel or greatly rece the trust cost, the transaction cost of the general public can be reced, and the profits can be greatly increased
so in the Internet era, blockchain technology is on the stage
it allows the trading party to get rid of the intermediary, solve the problem of trust among strangers, and greatly rece the cost of trust
the blockchain can be expanded on a large scale, the data is open and transparent, the data of each client is consistent, and even if some clients are destroyed, the data security will not be affected. These highly reliable technical features can solve the trust problem of strangers with low cost
this technology can be extended to all fields that can be digitized, such as digital currency, payment and clearing, digital bills, proof of rights and interests, credit reference, government services, medical records, etc
in the medium and long term, blockchain will be a revolutionary technology, which will bring about great social changes like the existing Internet, and has great investment value and money making opportunities
in the future, the companies that can combine blockchain with different scenarios to promote applications may be the next group of bat, the next Google, Microsoft and apple
as the first practical application of blockchain technology, bitcoin has been widely accepted and used all over the world. Millions of users and tens of thousands of merchants have accepted the payment of bitcoin as a digital currency, and the exchange value of bitcoin as a currency is growing. Even e to the consensus that the total amount is fixed and the long-term value is bullish, bitcoin has become a hedge asset similar to gold, and the price has skyrocketed
- original title: market analysis of China's blockchain instry in 2019: enabling various instries to accelerate the application landing, there will be two opportunities for future applications
2019 - blockchain "mainstream application year"
since August 2018, the electronic invoice of blockchain was issued for the first time in Shenzhen. So far, it has issued more than 6 million electronic invoices, with an amount of 4 billion yuan, and has access to more than 5300 enterprises, Covering more than 110 detailed instries. In addition to the field of electronic invoice, blockchain has also been successfully implemented in many project scenarios, such as supply chain finance, legal deposit, cross-border payment, etc.
at the recent "thousands of people watching fire" conference of blockchain instry, the reporter of economic daily learned that in 2019, the technology implementation and application has brought blockchain into the "mainstream application year". On the one hand, many Internet giants have a solid technical foundation, on the other hand, they actively explore more valuable scenarios to find development opportunities in the enabling real economy
"blockchain technology can play the role of anchoring, sharing and increasing trust in the whole social information flow, making the chaotic information credible. Compared with the past, this is a" qualitative leap. " Zhang Kaixiang, chief architect of Weizhong bank's blockchain, said, "risk control and business rules design based on trusted data can improve efficiency, rece risks and rece operating costs." He pointed out that as a connector, it is not meaningful for a single enterprise to operate the blockchain, and it is more meaningful to share it as an open source solution to realize the ecological co construction of the instry
"we have been exploring and practicing open source, starting from the underlying technology platform and combining with the scenes of finance, instry, Internet of things, culture and entertainment, to jointly build an open, transparent and efficient technology and instrial community. Open source ecology helps to activate the creativity of the instry. We will continue to start from the open source community and improve a complete set of systems such as system construction and skills training, so as to benefit more people. "
in 2019, the market scale of China's blockchain instry will exceed 100 million yuan
China's blockchain instry is still in its infancy, but with the continuous support of national policies, the continuous progress of instry technology and the increasing demand of downstream application fields, China's blockchain instry is expected to continue to maintain high-speed growth. According to the statistical data of in depth analysis report on business model innovation and investment opportunities of China's blockchain instry published by foresight Instry Research Institute, the market scale of China's blockchain instry was less than 6 million yuan in 2011, and the market scale of China's blockchain instry increased by 32 million yuan by 2017, By 2018, the market scale of China's blockchain instry has reached 67 million yuan, always maintaining a rapid growth rate of more than 80%. It is predicted that the market scale of China's blockchain instry will exceed 100 million yuan in 2019, and that in 2022, driven by policy support and downstream demand, the market scale of China's blockchain instry is expected to exceed 450 million yuan
market size statistics and growth forecast of China's blockchain instry from 2015 to 2022
data source: the audited enterprise asset confirmation, registration and circulation records, etc., sorted out by foresight Instry Research Institute, are stored on the platform in the form of traceability. Based on this, banks can carry out fast financing and loan business, save the cost of guarantee and other links, greatly improve the efficiency, and make the risk of financing and loan controllable as a whole
electronic data storage is an important application field of blockchain technology.
the provisions of the Supreme People's Court on Several Issues concerning the trial of cases by Internet courts, which came into effect in September 2018, clearly states that electronic data storage can be solved by blockchain and other technical means. Xiang Dan, vice president of bibox digital asset trading platform, said that electronic data deposit is an important application field of blockchain technology“ Blockchain technology has the characteristics of preventing tampering, leaving traces in the event, post audit and security protection, which is concive to improving the credibility and authenticity of electronic evidence. The combination of blockchain and electronic data storage can rece the cost of electronic data storage, improve judicial efficiency and enable judicial business. For example, the contract management based on blockchain has been applied in many Internet courts. "
according to Zhou Jianrui, co founder of coinword, a trusted content community, the application of electronic data storage based on blockchain can also help deepen the reform of "release management and service" and improve administrative efficiency. In Beijing Haidian District and other pilot areas, blockchain technology is playing the role of efficient data sharing, secure transmission and credit support. When applied in the field of government affairs, it can realize real-time data sharing of various departments and effectively assist window personnel and examination and approval personnel to quickly verify the authenticity of materials. For example, the public security, civil affairs, housing management and other departments "on the chain", in dealing with real estate transactions can be fast and accurate, "one key" verification of multi-party information, greatly saving social costs
there will be two opportunities for the application of blockchain
because the social recognition of blockchain is not high, the people who understand and use blockchain are still very limited, and the penetration of blockchain into the real economy still needs a graal process. " Yuan Yuming, CEO of fire coin China, introced that they used the open, transparent and tamper proof characteristics of blockchain to explore a new path of art traceability and anti-counterfeiting by means of high-precision full pixel scanning and archiving; By constructing the trust mechanism in the multi-party cooperation scenario, the integral information platform for multi-party participation and resource sharing is developed“ Next, there will be two opportunities for blockchain application:
one is training. With the entry of enterprise giants one after another and the continuous penetration of the real instry, more people will learn about blockchain through training, which will become a new market demand
the second is to provide consulting and technical solutions to more traditional enterprises to help them penetrate the blockchain into more traditional fields and promote the consumption rection, efficiency enhancement, transformation and upgrading of the real instry. "
(2) everything is available at Sai Yeung Choi Street and Nathan Road in Mong Kok (two parallel roads). The former is the most concentrated place of digital procts in Hong Kong, with several Fengze, Broadway, Zhongyuan and Suning lasers. For cosmetics and skin care procts, there are several branches of Sasa, Zhuoyue, angel and colormix, as well as H2O and FANCL. Daily necessities to Nathan Road, Watsons and Wanning. There are also Huikang or Baijia supermarkets near xiyangcai street< (3) there are many budget hotels in Yau Tsim Mong (Yau Ma Tei, Tsim Sha Tsui and Mong Kok). Small as the sparrow is, it has all the internal organs. We can't expect a big room, but the facilities and sanitation are good. The average price is about HK $300-350. You can search the red tea house and haowangjiao Hotel on the Internet<
(4)
(I) Guangdong East railway station takes harmony (75 yuan or 95 yuan) to Luohu railway station, next to Luohu port
(II) after entering Hong Kong, take the east rail to Mong Kok East Station. It's about 40 minutes' drive. The one-way fare is 33 yuan, while the octopus fare is 31.3 yuan. When you get to Mong Kok East Station, go west at exit b and walk for 15 minutes to Sai Yeung Choi Street.