Go to the center, go to the intermediary, what type of center and what type of intermediary does the blockchain system remove?

Regarding the blockchain, we now emphasize more on the decentralization of the blockchain system's own technical architecture and the application of the blockchain to various business systems, which will bring about the decentralization of the business system and business processes. Disintermediation. Through decentralization and deintermediation, optimize business processes, reduce operating costs, improve collaboration efficiency, and improve performance at the system level.

If we go one level deeper, can the blockchain system remove all centers and intermediaries? If not, what type of center and type of intermediary does the blockchain system remove? How does the overall efficiency of the blockchain system improve?

To answer this question, we must return to the blockchain system itself, that is, what is the premise that the blockchain can bring the system to the center and the intermediary?

The blockchain achieves the collective maintenance and decentralized management of the entire system through a series of complex technology combinations and architectures, ensuring the consistency of the data on the blockchain's entire network chain. Based on technical and governance methods, the data is ensured. Immutable and unforgeable.

The possible changes brought by the blockchain system are all consistent from the entire network of data. The technology used by the blockchain system is also to ensure that the data is consistent across the network. Therefore, the decentralization and deintermediation of the blockchain in various business systems in the future must also be for the original data centers and data intermediaries formed based on data asymmetry, not for all centers and all in the business system. intermediary. The role of the blockchain is that under the premise of consistent data ownership, all nodes reorganize the original centralization formed on the basis of unequal data possession, other organization's business processes and social governance structure, and realize business. The decentralization and self-organization of the system, thereby transforming it into a new business system, and restructuring the business system.

After the business system is restructured, will there be no central and intermediary links?

The blockchain system after business process restructuring will remove the central and intermediary links formed due to the unequal data. At the same time, those central and intermediary links related to data inequality will also be removed. The other central links and intermediary links should not be removed, and there is no basis and premise for being removed.

Just as human society has never had a complete decentralized system or a completely centralized system, there will still be central and intermediary links in the blockchain system even after the data inequality has been eliminated. New business center and new intermediary business.

Since all nodes have the same data, the reconstruction of the business process based on data peering will be formed for all nodes. But different nodes will still play different roles in the new business process based on their own business supply and demand. If there is no difference in business supply and demand among all nodes in the business process, naturally no new central link will be generated, but more fundamentally, no business process will exist at all. This new type of central node does not refer to those existing nodes that do not exist due to data inequality, but nodes that play a leading role in the new business process on a self-organized basis.

Zhang Wuchang pointed out a phenomenon in Economic Explanation. The tracker who pulled the boat on the riverfront was originally an equal self-organizing structure, but in the process of pulling the boat, some people will be lazy, which will damage the overall efficiency and fairness. If everyone is lazy, it will be difficult for the group to pull boats together. In order to enable the ship pulling business to continue and prevent laziness, the trackman will collectively hire managers to supervise the trackman. This is a new central node spontaneously formed on the basis of data peering and self-organization in human life. Blockchain is applied to business systems. It will also develop corresponding central nodes on the basis of data peering and self-organization to organize other necessary business processes. On the surface, this other organization may have reduced efficiency, but in fact it has greatly improved efficiency. In other words, due to the differences in business positioning between different nodes in the blockchain business system, the blockchain system will still achieve a certain degree of decentralization of the business system after the data is peered and self-organized.

In addition, complete data equivalence is achieved, and complete de-intermediation is not possible. In real life, all laws and regulations, judicial interpretations, and judgment cases of a country are open to everyone, but when we deal with legal issues, we still need to hire a lawyer. Lawyers are of course an intermediary link, but the existence of such intermediaries does not decrease, but improves efficiency.

The blockchain system can be removed, and it should be removed. It is the original intermediary link that exists simply because of data monopoly, not all of the intermediary links. At the same time, after the blockchain system is applied to business systems, new intermediary links will be created due to the differences in the capabilities of each node. That is to say, due to the different capabilities of different nodes within the blockchain business system, the blockchain system will still achieve a certain degree of re-intermediation after the data is peered and self-organized.

After the blockchain and business systems are fully integrated, within the industrial structure, node status will be more equal, node positioning will be clearer, and business processes will be more optimized. Outside the industrial structure, there will be more and more connections and integrations between different industries, the more and more unclear industrial boundaries, and the industrial chain will transition to the industrial network.

Blockchain is a great revolution in the development of human history, but blockchain cannot be separated from the development law of human society for thousands of years. In the future blockchain world, there will still be new centers and new intermediaries, but such centers and intermediaries are not formed due to the exclusive monopoly of data, but on the basis of self-organization, different nodes are based on business positioning and themselves The difference in ability is to improve efficiency as a whole, but not to hurt efficiency.