Ant Blockchain latest technology thinking: cross-chain standards, hardware, and IoT convergence have become three major trends

Is a core technology hot spot under the blockchain

The non-tamperable, verifiable, and traceable characteristics of the blockchain build a trust infrastructure for business cooperation. It is precisely because of its verifiability that it brings great technical challenges to data privacy protection on the blockchain. In the financial scenario, privacy protection is usually put forward as a requirement at the same time as performance and versatility. We call the privacy protection capability that high performance and versatility meet simultaneously as "strong" privacy protection capabilities. In order to provide strong privacy protection, the Ant blockchain has actively explored the combination of software and hardware in the past few years. Our independently developed privacy protection solution based on the Trusted Computing Environment (TEE) has been launched since April last year and has supported several large-scale financial business scenarios. With such privacy protection technology, developers can develop contracts with privacy protection models with almost zero thresholds; the business layer can simultaneously obtain a high-performance and high-security experience. The paper submission of ACM SIGMOD'20, the international top conference in the computer field, was officially accepted, and its core technology and practical value have been recognized by the industry.

At the same time, we also think further. Just as the evolution of artificial intelligence from general-purpose CPUs to dedicated NPUs has brought real technology to take off, hardware privacy protection technology on the blockchain must also undergo a process from general-purpose to dedicated, thereby bringing security. And qualitative leap in performance. We believe that the deep hardware customization of the blockchain smart contract execution engine can achieve higher security strength and contract processing performance. On the other hand, with the huge potential of the blockchain as a financial infrastructure, autonomous and controllable security is bound to be a hard indicator. From self-defined security algorithm protocols to self-designed and implemented hardware chips, hardwareization and chipization are bound to be the next core technology hotspots and directions in the field of blockchain.

The combination of blockchain and AIoT will further

Promote credible "securitisation" of physical assets

In the digital economy era, the combination of blockchain and AIoT will further promote the credible "securitization" of physical assets. For example, while the large-scale development of warehousing and freight, the difficulty of capital flow caused by the physical existence of various links can be used for "blockchain + 5G + AIoT" methods for reliable data collection, calculation, on-chain and subsequent Mitigated by financing platforms. The development of 5G, AIoT chip technology and algorithm technology can accelerate the development of large-scale local low-cost distributed embedded system-based computer vision and sensor data operations, provide source-trusted data for the blockchain, link physical assets and digitization Trusted mapping of assets. Ant Blockchain is based on Alibaba Cloud and Leading Brother. It has solid research and development capabilities in the field of cloud services and embedded chips. It is at the forefront of the industry in terms of cloud and local distributed embedded systems, and trusted sensing data collection and computing. The "securitization" of physical assets will form data traceable and non-tamperable warehouse receipts, which will greatly improve the credit efficiency of physical asset warehouse receipts, solve the trust problem of banks and financing platforms, and help inventory companies to inventory assets. Reduce the turnover rate of production and sales of enterprises and effectively solve the problem of difficult financing.