Economic Daily: Blockchain expands the real economy application scenario

In the field of electronic data deposit, supply chain finance, etc.

Blockchain expands the real economy application scenario

Since the first time in August last year, the blockchain electronic invoices have been opened in Shenzhen. So far, more than 6 million copies have been issued, amounting to 4 billion yuan, and the number of access enterprises exceeds 5,300, covering more than 110 detailed industries. In addition to the field of electronic invoicing, the blockchain has successfully landed in many project scenarios such as supply chain finance, legal deposit, cross-border payment, etc….In the blockchain industry held recently, the “Hot Fire Conference”, Economic Daily reporter It is learned that this year, technology landing and application have brought the blockchain into the “mainstream application year”. On the one hand, many Internet giants have solidly accumulated the technical foundation, and on the other hand, actively explored more valuable scenarios and sought development opportunities in the enabling entity economy.

“The blockchain technology can play the role of anchoring, sharing and increasing trust in the whole social information flow, making the chaotic information become credible. Compared with the past, this is a 'quality leap'.” Weizhong Bank Area Zhang Kaixiang, chief architect of the blockchain, said, “Based on trusted data for risk control and designing business rules, efficiency can be reduced and operational costs can be reduced.” He pointed out that blockchain acts as a connector and is operated by a single company. The meaning is not great, and it is more meaningful to share it as an open source solution to realize the industry's co-construction. "We have been exploring and practicing open source, cutting through the underlying technology platform, and combining financial, industrial, Internet of Things, cultural and entertainment, and other fields to jointly build open, transparent, and efficient technologies and industrial communities. The open source ecosystem helps to activate the industry. Creativity, we will adhere to the open source community, improve system construction, skills training and other systems to benefit more people."

“The scale of the domestic supply chain financial market is expanding rapidly. Supply chain finance based on blockchain is the new growth point we are looking for.” Zhu Jiang, general manager of the block chain department of Jinshan Cloud District, is committed to building blockchain-based technology. The local industry platform aggregates multiple entities such as regulators, corporate customers and funds. Information such as audited corporate asset identification, registration and circulation records are stored on the platform in traceable form. Banks can carry out rapid financing and lending operations accordingly, eliminating the cost of guarantees and other links, greatly improving efficiency, and making the risk of financing and lending overall controllable.

The Provisions of the Supreme People's Court on Several Issues Concerning the Trial of Internet Court Cases, which was implemented in September last year, clearly clarify that the problem of depositing electronic data can be solved by means of blockchain and other technical means. Xiang Dan, vice president of Bibox Digital Asset Trading Platform, said that electronic data deposit is the important application area of ​​blockchain technology. "The blockchain technology has the characteristics of preventing tampering, leaving marks, post-mortem auditing, and security protection, which is conducive to enhancing the credibility and authenticity of electronic evidence. The combination of blockchain and electronic data deposit can reduce electronic data. Depositing costs, improving judicial efficiency, and empowering judicial services. For example, blockchain-based contract management, there are many application cases in many Internet courts."

In the view of the founder of the trusted content community CoinWord, Zhou Jianrui, the electronic data storage application based on blockchain also helps to deepen the reform of “distribution service” and improve administrative efficiency. In the pilot areas such as Haidian District of Beijing, blockchain technology is playing the role of data sharing, secure transmission and credit support. It can be used in the government field to realize real-time sharing of data in various departments, effectively assisting window personnel and approving personnel to quickly verify the authenticity of materials. . For example, the “publication, civil affairs, housing management and other departments” can be “fastened” when dealing with real estate transactions, and “one-click” to verify multiple information, which greatly saves social costs.

“Because the society’s recognition of the blockchain is still not high, the number of people who understand and use the blockchain is still limited. The blockchain needs a gradual process for the penetration of the real economy.” Yuan Haoming, CEO of Firecoin China, introduced their use of the district. The blockchain is open, transparent, and non-tamperable. It explores the new path of anti-counterfeiting of art with high-precision full-pixel scanning and archiving. By constructing a trust mechanism under multi-party collaboration scenarios, it develops a multi-participation and resource sharing point information platform. . “Next, the blockchain will have two major opportunities in application: First, training, as the company giants enter the market and the continuous penetration of the physical industry, through training to let more people understand the blockchain, become a new market. Demand; second, provide consulting and technical solutions to more traditional enterprises, help them to penetrate the blockchain into more traditional fields, and promote the efficiency reduction and transformation and upgrading of the physical industry."

Source: Economic Daily

(Economic Daily reporter Yu Jian)