2019 China Blockchain Underlying Technology Platform Development Report: Nearly 50% of platforms have a total throughput of more than 10,000, and the trend of open source is becoming more apparent

Editor's Note: The original title was: "2019 China Blockchain Underlying Technology Platform Development Report" was first issued by the Interchain Pulse and the 5th Ministry of Industry and Information Technology.

On December 14, 2019, at the 2019 IN-CHAIN ​​Global Blockchain Summit, under the guidance of the Fifth Institute of Electronics of the Ministry of Industry and Information Technology, the “ 2019 China Blockchain Underlying Technology Platform Development Report '' was produced with the honor of Interlink Pulse and Interlink Pulse Institute. "Report").

This report comprehensively evaluates the 28 domestic underlying technology platforms of the blockchain from the three major latitudes of basic technical capabilities, application capabilities, and social recognition, and finally reaches the final results.

Summary of key points of the report:

1. The report shows that 60% of the 28 underlying blockchain technology platforms have been operating for less than 2 years. Among them, native blockchain companies account for the highest proportion, accounting for nearly 70%. Nine underlying technology platforms are built by large-scale technology companies, and seven technology companies have positioned the development of the underlying blockchain technology platform as their core strategy.

2. From the perspective of R & D investment, 30% of the company's annual R & D investment exceeds 10 million yuan, of which the largest number of companies with R & D investment of 10-20 million yuan each year, large technology companies have absolute capital and talent advantages. In terms of the size of R & D personnel, there are 4 R & D teams with more than 100 people, and about 30% of the companies have more than 50 R & D personnel.

3. In terms of originality of the architecture, nearly 80% of the platforms claim that their underlying architecture is self-developed, but a significant number of these platforms are actually improved fabric architectures.

4. In terms of patents, 50% of the underlying technology platforms have applied for more than 50 patents, and the number of companies with patents ranging from 10-50 is the largest, accounting for about 32%.

5. In terms of performance breakthrough, nearly 50% of the platforms have a total throughput of over 10,000, of which 3 platforms can reach a total throughput of one million. The transaction confirmation speed has been greatly improved. Most platforms can confirm in the second or even the millisecond.

6. Open source is the general trend. Currently, there are 7 underlying platforms that are 100% open source, and 12 underlying platforms implement partial open source.

7. Transaction privacy protection is inadequate. Jiucheng platforms all support privacy protection, improving security from the aspects of identity security, access control, privacy protection and anti-attack, but only 4 platforms have privacy protection measures for on-chain transactions.

8. Landing applications focus on three major areas. Nearly 70% of the platform landing projects have more than 3 application areas. The fields of finance, government affairs, and trade logistics have become indispensable.

The following is the entire report:

We will continue to update Blocking; if you have any questions or suggestions, please contact us!


Was this article helpful?

93 out of 132 found this helpful

Discover more


Evolution of demand, yield, and products in the ETH Staking market after Shanghai upgrade

Currently, we are still in the dividend period of ETH Staking, so it is advisable for ETH holders to participate in S...


UAE adopts Cardano Blockchain to boost security in criminal investigations.

The UAE has taken the significant step of implementing Cardano's blockchain technology to enhance security in crimina...


Cardano's on-chain data indicates a potential surge in value. Could $10 be within reach?

Exciting bullish indicators emerging within the Cardano network indicate potential for a future surge in the value of...


Is CoinDesk selling at a loss with a valuation of $125 million after being in business for ten years?

On the occasion of its tenth anniversary and after being held by DCG Group for eight years, CoinDesk, the cryptocurre...


Bitcoin Hits $45,500 as Bulls Continue to Dominate

Bitcoin's strong price performance persists as it faces a crucial challenge to reach $45,000.


Why is Cardano's (ADA) price rising this week?

ADA's recent surge in value can be attributed to the overall upward trend in the market and the positive impact of th...