Tens of millions of investments are frequent, policy blessing: blockchain will prove value in 2020

Every reporter Panting

Source: Daily Economic News

In 2019, blockchain technology was mentioned several times in official documents. Against the background of the country's strong support for the development of blockchain technology, blockchain stocks in the A-share market ushered in several rounds of surge. With the successive introduction of policies for the development of blockchain, how investors can take advantage of this shareholder's style to achieve wealth appreciation has become a hot topic at the moment.

Research on the future trend of blockchain, landing applications, and digital currencies has become the focus of analysts. "Daily Economic News" reporter noticed that, in addition to the frequent release of reports by various research institutions, banks, Internet giants, etc. are also working in the blockchain field, and applications such as supply chain finance and blockchain electronic invoices are entering the public eye; The number of financing events in the blockchain field has gradually increased.

The blockchain is gradually entering a period of great development, and there are countless possibilities in the future.

Blockchain concept stocks skyrocket

At the end of October 2019, the Political Bureau of the Central Committee of the Communist Party of China conducted the eighteenth collective study on the development status and trends of blockchain technology, stating that "the integrated application of blockchain technology plays an important role in new technological innovations and industrial changes. We must regard blockchain as an important breakthrough in independent innovation of core technologies, clarify the main attack direction, increase investment, focus on overcoming a number of key core technologies, and accelerate the development of blockchain technology and industrial innovation. "

The meeting stated:

"We must seize the opportunity of blockchain technology convergence, function expansion, and industry segmentation, and bring into play the role of blockchain in promoting data sharing, optimizing business processes, reducing operating costs, improving collaboration efficiency, and building a trusted system. Promote the deep integration of the blockchain and the real economy, and solve the problems of SME loan financing difficulties, bank risk control difficulties, and sector supervision difficulties. Explore the application of 'blockchain +' in the field of people's livelihood. "

The importance of blockchain technology has been officially confirmed. A period of time since then, A-share blockchain concept stocks have surged.

However, despite the surge in concept stocks, we still need to be alert to the risks involved. Liu Panpan, director of the legal affairs department of the securities and investment funds of Jingshi Law Firm, told the reporter of "Daily Economic News" that the current infrastructure of the blockchain is in the process of improving the front end. Investors do not understand the industry and are affected by speculators in some industries. If the authors influence the investment on the market, they should be alert to the market boom caused by the blockchain hype. Supervision has always been about the "clear" attitude to illegal exchanges and illegal trading behavior.

Lei Kai, associate professor of Peking University Shenzhen Graduate School, told the reporter of Daily Economic News: The development of China's blockchain technology has been in a relatively leading position and has entered a state of high concern, but has not yet reached a state of rapid development. Under the guidance of policies, Blockchain will continue to maintain stable development, but it does not rule out the possibility that common problems will be encountered at a certain stage of development.

Li Maocai, general manager of Tencent blockchain technology, told reporters that with the arrival of 5G and the Internet of Things, information technology will enter a period of rapid development. This is an opportunity to enter a digital society. Blockchain serves as the infrastructure of a digital society. It will also bring new impetus and change to the digital society. In the current hot situation of the industry, it is even more necessary to settle down and accumulate more. At present, the blockchain is still in an early stage and needs long-term stable development.

According to the "2019 China Blockchain Investment and Financing Survey Report" by Zero One Think Tank, since 2013, the amount of financing and the amount of financing in China's blockchain industry have generally shown an upward trend, and the changes in the amount of financing and the amount of financing are highly consistent. From the perspective of the average single financing amount, from 2014 to 2019, the single financing amount of the Chinese blockchain industry is in the tens of millions, and the single financing amount is generally increasing year by year. There has been no significant change in the amount of single financing in 2019, and it remains above 70 million yuan.

The report shows that the amount of financing in China is slightly higher than that in the United States, and the amount of financing is only a quarter of that in the United States. In terms of the amount of financing of blockchain companies, in the past year, a total of 175 financing events occurred in China, and the publicly disclosed financing amount was 4.189 billion yuan; in the United States, a total of 147 financing events occurred, and the publicly disclosed financing amount reached 16.845 billion yuan. 4 times the amount of financing. In terms of the amount of financing, except for February 2019, June 2019 and September 2019, the number of Chinese blockchain companies / projects was higher than that of the United States.

Banks, Internet giants scramble for layout

The reporter noticed that blockchain-related patents have shown explosive growth in recent years. Many financial institutions and Internet giants have already laid out blockchain business, and their patent applications have also increased year by year. The reporter conducted a patent search through the State Intellectual Property Office and found that there were as many as 12,204 pieces of data on "blockchain" patents.

For patent applicants, since 2019, Alibaba Group has 526 patent application data, Tencent Technology has 202 patent application data, Ping An of China has 373 data (consolidated statistics, of which Ping An Technology has 187 application data, Shenzhen One Account China Unicom has 186 applications), China Unicom has 123 applications, and Baidu Online has 106 applications. In 2018, China Unicom had 100, Alibaba Group 86, Baidu Online 51, and Tencent Technology 50. In 2017, Alibaba Group had 47 articles and China Unicom had 17 articles. In terms of landing applications, according to incomplete statistics from reporters of the Daily Economic News, 21 of the 86 listed companies corresponding to A-share blockchain concept stocks not only mentioned blockchain technology in the semi-annual report, but also announced Specific landing applications.

In recent years, due to the decentralization, immutable data, and redundant design of the technical characteristics of the blockchain, it is highly consistent with the essential needs of the financial industry for financial services such as information and data security and transaction data traceability. The financial industry developed earlier and its applications were relatively mature. The reporter noticed that the application cases of the domestic blockchain pioneer team are not uncommon. It is understood that Ping An Group has deployed five major sectors in the blockchain industry, namely financial, medical, automotive, real estate, and smart cities. There are also many blockchain projects implemented in the financial field.

Lu Yifan, general manager of the Blockchain Business Department of Financial OneAccount, told reporters in the Daily Economic News that Ping An has always focused on various technological research and development. In the past ten years, Ping An Group has invested 50 billion yuan in scientific research and has accumulated a large number of technologies. Achievements, with five core technologies of "biometrics, big data, artificial intelligence, cloud, and blockchain". Ping An is in an explosive phase, but the blockchain technology gap is huge and cannot summarize the entire industry. Ping An pays attention to the cross-institutional and cross-platform linking and utilization of data, and adopts cutting-edge cryptographic technology to achieve that data can still be used and penetrated under the premise that it cannot be shared. Regarding the use of blockchain patents, Lu Yifan said that most of them have practical uses to varying degrees. It should be pointed out that some particularly valuable patents, such as the design of 3D zero-knowledge algorithm proofs, will not use blockchain patents. Post. The value between patents and patents varies widely, and research and development has always focused on cryptography and low-level performance.

Tencent also focused on blockchain technology and conducted independent research and development in 2015. In terms of application scenarios, Tencent has launched extensive and in-depth cooperation with corporate academic institutions and governments on many occasions, in finance, taxation, public welfare, games, legal affairs, supply chain and medical care. Actively carry out research in other fields.