Amazon, Baidu, and Ping An executives talk about the blockchain landing, the future business of the Web3.0 era

On August 20th, the “POW'ER 2019 Global Developers Conference” hosted by Mars Finance was held in Beijing. Guests from companies such as Ant Financial, Amazon Cloud, Baidu Smart Cloud, Ping An Financial, and Xiaomi Group brought sharing. It is not difficult to see from the configuration that large and small factories at home and abroad have laid out blockchain technology and brought many application cases to the industry.

Babbitt combed the main content shared by the five guests at the meeting and reviewed it together.

Amazon: 2 blockchain products with 5 advantages

Zhang Xia, AWS Amazon Cloud Cloud Enterprise Strategy Consultant, gave a speech on "Design and Conception of Amazon Cloud under the Wave of Blockchain Technology".

Zhang Xia said that the starting point of the Amazon cloud is the blockchain. From the perspective of cloud computing, what can be done? Based on this, Amazon has completed two productized services. The first is called Amazon Quantum Ledger Databose (QLDB), the quantum new digital library; the second is a precipitation service hosted by Amazon Blockchain.

• The first in the industry! US cryptocurrency exchange INX seeks IPO listing
• How is the contract master made? Deep analysis of cryptocurrency derivatives 丨SheKnows interview
• Blockchain Weekly | Mom no longer worried that I bought "counterfeit currency", Bakkt launched bitcoin spot settlement contract

The first product, QLDB, is for accounting services that require central trust. Amazon has set up a new database of bookkeeping books that is tamper-proof, data-encrypted, and scalable at any time on the cloud. In fact, this database is still modifiable, but unlike the traditional database, the database will be added to the blockchain after modification, instead of directly erasing the original data, the log will be used every time. Recorded at the same time, adding a hash value, each record contains the previous hash value, thus achieving the function of tracking audit.

The second product, the Blockchain-hosted Precipitation Service, is the implementation of the need to truly decentralize the demand on the cloud. Although the name is quite special, the author listens, it is more like a BaaS platform, can provide a super-book mechanism, and the Ethereum mechanism. In terms of specific operations, the first step is to establish a network, the second step is to invite members to participate, and the third step is to add nodes for deployment, so as to help users quickly deploy blockchain.

Zhang Xia said that the AWS blockchain has five unique advantages: 1. Global advantages, including 22 regions, 69 Availability Zones, 180 edge sites, etc. 2. Policy advantages, including physical isolation of overseas Chinese regions; Technical advantages, including perfect security services; 4. Case advantages, most blockchain projects are deployed on AWS; 5. Resource advantages, such as indirect investment with investors and institutions in the blockchain field.

Baidu: Web3.0 will accelerate the landing of the blockchain

Liu Wei, head of Baidu's intelligent cloud blockchain product, shared the title of "ABC Technology Fusion Blockchain, Building Trusted Infrastructure in the Web 3.0 Era".

At present, Baidu Smart Cloud has applied blockchain solutions in the fields of finance, trusted data collaboration, distributed identity and audio and video copyright. In terms of ecological construction, Baidu Smart Cloud also formed a “blockchain business partner program” with Shanghai Pudong Development Bank, Intel, China Unicom and Dumanong Finance to accelerate the blockchain's landing in the enterprise service field.

Liu Wei said that the next generation of blockchain should have three breakthroughs, one is better public chain, forming a breakthrough in security, performance and consensus mechanism; the second is better enterprise-level blockchain, the blockchain should be This single technology brings a paradigm that truly provides value to the business. Therefore, it will involve a series of projects, including how the blockchain integrates with AI, big data, cloud computing, edge computing, how to deploy clouds through 5G networks, etc. The third is the blockchain with stronger boundaries. What is the technical architecture of Web3.0?

Web3.0 will definitely accelerate the landing of the blockchain. Unlike the current Internet, Web 3.0 is free, open, secure, and fair. It consists of two global networks, one is a global lightweight enterprise settlement network, and the other is a globally distributed computing power network.

Liu Wei believes that the Web3.0 infrastructure has several characteristics: the first is the globalization node, the computing power and storage can be accepted by the blockchain network regardless of the country deployed; the second is the low threshold participation. No matter who you are, no matter where you are, you can participate in the construction of Web3.0; the third is distributed computing, which does not require the central server to carry all the services, we will distribute the blockchain-based business system to each node. Going to run; the fourth point is the application of multi-centeredness, its right to speak must be dispersed in multiple organizations, and the form of future enterprise services should be multi-vendor win-win; the last is credibility, security, privacy, Transparent. There will be no more data leakage and privacy issues, and there will be no more C-side rights locked by the centralized vendors.

Liu Wei also proposed two future trends, one is the integration of blockchain, AI, big data, cloud computing, 5G and other technologies; the second is the enterprise's empowerment. He said that blockchain + finance is still the most populated and commercialized area. In financial applications, the application of blockchain technology focuses on data sharing, cross-border settlement and inter-bank transactions, and supply chain finance. etc. Whether it is China's four major banks, commercial banks and city commercial banks, or European and American developed banks, they are actively promoting the pilot work of the blockchain financial business platform.

Ant Financial: 7 arguments for future business

Liu Weiguang, vice president of Ant Financial, shared the topic “5G, Data Intelligence, Blockchain, Historical Opportunities for the Transformation of Commercial Infrastructure”. He said that Ant Financial is the beneficiary of the mobile Internet, and the mobile payment business is developing at a high speed. Therefore, Ant Financial is also committed to exploring the next generation of financial technology. At present, there are three directions. One is the combination of 5G and the Internet of Things, which will inevitably generate huge energy. The second is how to perform real-time calculation when massive equipment and massive data are generated. The third is the combination of blockchain and commercial scene. How to advance practice and application.

He gave several main points: 1. Technology is shaping the shape of the future world, digital migration is accelerating; 2. The “window” of the industrial Internet is the integration with the consumer Internet; 3. The “last mile of the future commercial infrastructure” "Change" is taking shape; 4. "5G terminal ubiquity" is inseparable from industrial cooperation, traffic management model has come to an end, 5G commercialization = 5G terminal + blockchain + AI + cloud; 5. How to block the blockchain cold start : Four-in-one reduces trading friction. That is to say, the information flow, business flow, logistics, and capital flow are “four streams”, and the “four streams” are moved from offline to online. This is a big change brought by the blockchain to the existing world; 6. The distributed business alliance changes the industrial cooperation relationship; 7. Wanlink Internet builds a new environment for digital operators.

Xiaomi: The blockchain is very beautiful in the future, but the dividend of AioT has not finished yet.

Cui Baoqiu, vice president of Xiaomi Group, shared the topic “Alot+5G, from smart products to intelligent services”. He said that the future of the blockchain is very good, but the process is quite long. Xiaomi has already tried the blockchain in the financial and other fields, but the focus of the layout is still on AI and IoT, because the dividend is far from being finished. In his view, we stand in a bigger vent, and if we can fly a pig before, then in the AioT era, we can fly an elephant.

Cui Baoqiu also announced the layout of Xiaomi in IoT and AI: 1. In 2014, Xiaomi began to lay out IoT. So far, there are about 2,000 access devices and over 1,300 partners. 2. In 2016, Xiaomi's deep layout AI, AI's typical products are small. Love classmates, there are currently more than 1,400 skills. In his view, AI empowers IoT, and AI intelligent voice assistant will bring a technological revolution.

Ping An: Block 3 application landing 3 bottlenecks

Wang Menghan, the product manager of Ping An Financial's account-based blockchain team, shared the topic “Blockchain from concept to mass production”.

Wang Menghan said that the current blockchain application has encountered three major bottlenecks: 1. Data privacy issues, traditional blockchains have problems in sharing account information among competitors, risk of data privacy leakage, data security and difficulty in risk control; 2. System dominance disputes, such as who dominates the blockchain system; 3. Performance choices, such as "large block" high throughput and high latency, while "cell block" low latency low throughput, low latency & high throughput The amount cannot be combined.

For these three bottlenecks, Ping An Financial Accounts has proposed a corresponding solution. For data privacy issues, FiMAX presents a fully encrypted blockchain framework that provides leading-edge cryptography solutions, including field-level licensable encryption and decryption and 3D zero-knowledge proof. Wang Menghan said that the self-made 3D zero-knowledge proof can complete the encrypted data operation and size verification within 3ms, and the super-competition zkSNARKs is 10,000 times; for the system dominance dispute, FiMAX gives the centralized blockchain network solution. Participants can have independent business platforms and provide mature governance solutions. For performance choices, FiMAX offers low latency and high throughput solutions, 2.3Ghz 8-core CPU national density, average TPS greater than 10,000 and latency less than 0.01. S.

Wang Menghan introduced that Fiat has been implemented in the five major ecological circles of finance, medical, automobile, real estate and smart cities. The financial sector includes supply chain finance, trade finance, SME loans, reinsurance, blacklists and other scenarios. Medical services include electronic resumes, drug traceability scenarios, and other landing scenarios include smart environmental protection, real estate mortgages, and super vehicle management offices.

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