Monthly report|"1024 meeting" stimulated the application of blockchain to accelerate the landing, 40% of the project disclosed at the end of October

Author: Mutual chain pulse · Liangshan Huarong

According to incomplete statistics from the Inter-Chain Pulse Institute, in October 2019, 80 blockchain application projects were disclosed worldwide, an increase of 14.3% from September. Among them, China has disclosed 27 blockchain application projects, accounting for about 33.75%.

It is worth noting that the “1024 Conference” has fully stimulated the vitality of the blockchain application market. Inter-chain pulse statistics show that in the last week of October alone, there were more than 12 new projects in the blockchain application disclosed in China, that is, more than 40% of the blockchain application projects in October emerged after the “1024 conference”. of.

(Cartography: Inter-Chain Pulse Institute)

(Cartography: Inter-Chain Pulse Institute)

In addition to China, the blockchain application market in the United States, South Korea, Japan, and the United Kingdom is gradually picking up. In October, the number of blockchain application projects disclosed by the four countries was 10, 6, 5 and 5 respectively, accounting for 32.5% of the total.

In terms of the type of project main body, among the 80 application projects in October, the number of foreign companies was the highest, with 32, followed by financial institutions and government departments, with 20 and 17 respectively. Among them, government departments in China have the most active disclosure projects, and 12 of the 20 government-related projects in the world are from governments across China, accounting for 60%.

(Cartography: Inter-Chain Pulse Institute)

In terms of industry distribution, the blockchain application project disclosed in October covered 13 major areas. Nearly half of the application projects are concentrated in the financial and government affairs fields, and 33.75% of the projects are concentrated in the three major areas of supply chain management, trade logistics, social services and public utilities. The remaining 17.5% of projects are distributed in the Internet of Vehicles, Entertainment, Energy, etc. 8 fields.

According to statistics from the Mutual Chain Pulse Institute, in October 2019, the number of applications disclosed in the two major areas of finance and government affairs was 24 and 15, respectively, accounting for 30% and 18.75% respectively.

In the financial sector, in addition to focusing on cross-border payments, cross-border settlement, trade finance, anti-money laundering and improved verification services, new projects in October have also emerged as new features such as rediscounting fast track and distributed identification (DID). application.

For example, in China, the cross-border blockchain platform “China-Europe e-Single” developed by the Industrial and Commercial Bank of China based on multi-modal transport is officially launched; China Construction Bank officially released the “BCTrade2.0 blockchain trade”. The financial platform”; the pilot of the cross-border financial blockchain service platform initiated by the State Administration of Foreign Exchange is also piloting work in Nanning, Guangxi.

In foreign countries, UK financial software company Finastra has partnered with Ripple to integrate blockchain technology through its payment solutions to support fast cross-border payments; CIMB Group Singapore Branch, one of Asia's largest investment banks, completed its first block-based Chain trade finance transactions; the Central Bank of Cambodia is testing digital wallets to simplify cross-border payments.

In addition, after the pilot of the trade finance blockchain platform, the People's Bank of China will also discount the fast-track project in the near future; the Korean Financial Clearing House realized the commercialization of distributed identity verification (DID) based on international standards in October. That is, you can use distributed identification to handle financial services such as bank account opening, which can be done remotely without the need to present an ID card.

(Cartography: Inter-Chain Pulse Institute)

In the government sector, new blockchain projects in October focused on tax, judicial and commercial registration.

For example, the Fujian Provincial Taxation Bureau of the State Administration of Taxation has comprehensively launched the blockchain social security payment record; Guangdong Province officially launched the blockchain financial electronic bill; the Beijing Internet Court adopted the blockchain intelligent contract technology for the first time to achieve “one-click filing implementation”.

In terms of commercial registration, Guangzhou Huangpu District and Guangzhou Development Zone issued the first batch of “Cross-border Pass” business licenses and free of charge to Hong Kong-owned enterprises Guangzhou Youmi Blockchain Technology Co., Ltd. and Australian-owned Jianxing Wisdom Technology (Guangzhou) Co., Ltd. Seal; Shandong Free Trade Zone, Jinan District, launched a "enterprise start-up" platform based on blockchain technology, which can quickly complete new business licenses, seal registration and engraving, social security registration and other business matters. The Beijing Economic and Information Bureau uses the blockchain to crack the confusion of credit data collection and confusion.

In addition to finance and government affairs, there have been more applications in the three major areas of supply chain management, trade logistics, social services and public utilities in October.

According to statistics from the Mutual Chain Pulse Institute, in October 2019, there were nine blockchain application projects in the three areas of supply chain management, trade logistics, social services and public utilities.

Among them, in the aspect of supply chain management, the application projects mainly focus on the traceability and traceability of the supply chain such as meat, seafood products and fresh produce. For example, Wal-Mart cooperated with Indian seafood processor Sandhya Aqua to add the shrimp supply chain to the IBM blockchain platform IBM Food Trust platform, so that customers can trace the source of shrimp products; Jingdong Shengxian proposed a "super province" plan, which will pass through the district. The technology such as blockchain and Jingdong's fresh product control ability will promote the upgrading of agricultural products in Shandong Province in terms of planting, production, quality control and circulation.

In terms of trade logistics, the typical application cases include the establishment of the customs and enterprise account information management system by Shanghai Customs. Through the blockchain means, the main data of each link is collected and the whole process information of the goods is traced. Through the “blockchain cross-border trade through train platform”, Tianjin Port integrates many cross-border trade participants such as trade, logistics, finance and supervision to solve the problem of information islands and realize the information interconnection in the ecology. Data mutual trust exchange.

In the field of social services and public utilities, applications are concentrated in education, public distribution systems, and sustainable marine development. For example, the UK education startup Education Index announced the launch of the LCASS platform, which stores student information, including academic qualifications, transcripts and letters of recommendation, on the blockchain. It can also recommend degrees and courses based on information provided by students. Libereka will also issue blocks based on the block. Chain certificate. The Indian Civil Goods Corporation (TSCSC) plans to introduce blockchain technology in its public distribution system (PDS) to curb violations and increase the transparency of PDS. Tenerife, Spain, decided to launch a pilot project that uses blockchain technology to support sustainable growth in the oceans and oceans.

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