Giants such as Ant Financial and Tencent are racing to accelerate the deployment of blockchain in 2020

Source: China Times

Zhu Dandan

As soon as 2020 entered, the news of giants stepping up their efforts to lay out the blockchain came.

On January 8th, Jiang Guofei, Vice President of Ant Financial and President of Intelligent Technology, announced at the media communication conference that Ant blockchain will open platform technology capabilities to the entire industry, especially for the physical industry; Tencent also recently added a number of Blockchain-related patent information, many of which are related to blockchain landing applications and so on.

"We believe that in 2020, many blockchain experimental scenarios are expected to open up, and the rapid penetration of 'blockchain +' applications will also be more grounded in combination with 5G, Internet of Things, and AI." Guosheng Securities pointed out.

Jiang Guofei told this reporter that "the industrial blockchain will begin in 2020." Blockchain is the most valuable field in the era of the industrial Internet. This year will be a year when the blockchain is devoid of reality and deeply integrated with the industry.

However, the "Blockchain Industry Development Trend Report (2019)" (hereinafter referred to as the "Report") also pointed out that China's blockchain industry development faces some challenges, including limited social cognition and recognition, and insufficient c-side perception; business The profit point is not clear, and the use scenarios need to be further explored; core technologies need to be broken and so on.

Giants race to accelerate layout

"The integrated application of blockchain technology plays an important role in new technological innovation and industrial transformation." "It is necessary to take blockchain as an important breakthrough in independent innovation of core technology and accelerate the development of blockchain technology and industrial innovation." Prior to the 18th collective study of the Politburo, it was emphasized.

With the release of positive signals at the policy level, the blockchain has entered a comprehensive acceleration phase. At the beginning of the new year, the giants are frequently moving on the blockchain.

On January 8th, Jiang Guofei revealed to the public at a media communication meeting that at present, the Ant blockchain has solved the trust problem in more than 40 scenarios including cross-border remittances, supply chain finance, judicial depository, and electronic bills. Two.

"The ant blockchain will work in the following areas: First, it will build a larger-scale ecological alliance. It will more actively invite partners to promote large-scale blockchain construction in many industries and create value-added in the industry. Value; the second is to actively evangelize the market through the Ant Blockchain University and the like; the third is a sustainable business ecology. "He further told reporters.

In addition to Ant Financial, a reporter from Huaxia Times looked at the data of Tianyan Check and learned that Tencent also recently added a number of blockchain-related patent information, many of which related to the application of blockchain, such as Blockchain loan information processing method, device, device and storage medium ";" blockchain-based medical record data processing method, device, storage medium and device "and so on.

"We expect 2020 to be a year of centralized implementation of blockchain applications." Bao Youchen, an analyst at Guohai Securities, previously said.

He pointed out that in terms of technology, the blockchain technology has been continuously improved. The traditional problems of small scale and low efficiency have been partially resolved. The blockchain has matured in terms of performance, ease of use, and operability, and can support a larger scale. Commercial applications; in terms of regulation, the blockchain laws and regulations and the regulatory system are gradually improved. Blockchain filing is conducive to the overall development of the blockchain industry. It is a standardized first step in blockchain technology. Companies can formally apply.

Industry insiders also told reporters that blockchain has returned to rationality from excessive fanaticism and excessive pessimism, and commercial applications will accelerate to land.

Industrial blockchain has begun

From the current point of view, China's blockchain financial industry participants can be divided into three categories: one is financial institutions such as banks and insurance; the other is fintech companies (such as Ant Financial, JD.com, etc.); the third is technology Service provider.

IResearch recently pointed out that fintech companies on the one hand provide technical output and on the other hand apply blockchain to their financial services.

On January 8th, at the aforementioned media communication meeting, Jiang Guofei announced that Ant Blockchain will open platform technology capabilities to the entire industry, especially for the physical industry.

It is reported that Ant Financial ’s self-developed blockchain engine has technically achieved “double 1 billion”. The Ant blockchain can support 1 billion account size, 1 billion daily transactions through scalable consensus and two-tier network design, and achieve 100,000 cross-chain information processing capabilities (PPS) per second.

"The industrial blockchain has already begun, and the turning point is about to come. The technology capabilities of the Ant blockchain promotion platform are mature and open, and they will cooperate with partners with rich industry experience to complete the digital construction of various industries." Jiang Guofei told this newspaper The reporter said, "Blockchain is the most valuable field in the era of the industrial Internet. 2020 will be a year when the blockchain is out of the real world and deeply integrated with the industry."

Industry insiders also pointed out that if the Internet's change to the times starts with consumers, then the blockchain starts from the industry. In the past year, mainstream manufacturers have also entered the industry to explore the application of blockchain, extending to many fields such as finance, government affairs, manufacturing, supply chain management, warehousing and logistics.

The Tencent Research Institute also believes that the blockchain provides an important path for the transformation of the information Internet to the value Internet. It is not only regarded as an emerging technology with national strategic significance, but also an important driving force for the continuous conversion of new and old kinetic energy. Innovation leads to industry change. Through the "blockchain +" model, empowering the financial and physical industries, promoting the integration of blockchain and industry, and accelerating the construction of industrial blockchains will be the main theme of the development of the blockchain industry in the next three to five years.

However, it is worth noting that the blockchain has been controversial since its birth. The application of the blockchain is very rich and can be applied in almost all scenarios and fields. But does it require blockchain for all scenarios and fields?

"Only applications that benefit the real economy are truly valuable applications. Fundamentally, the blockchain will be devoid of reality. With the development of the digital economy, industrial collaboration will become more frequent and complex, and it will be made for the blockchain. More opportunities. "Jiang Guofei believes that in the future, blockchain will change people's production and life like mobile payment, and become the infrastructure of the digital economy. Like hydropower and coal, it will have sufficient existing productivity, means of production and production relations.

In addition, according to different application scenarios and user needs, the industry roughly divides the shape of the blockchain into three categories: public chain, private chain, and alliance chain.

Bao Youchen had previously predicted that 2020 will be a year of centralized implementation of blockchain applications, and the alliance chain will be the main landing method.

The reporter noted that in November last year, Ant Financial launched an open alliance chain and opened an open beta using an invitation system.

"There is a comprehensive public test at present, and it is expected to be fully launched in February this year." Jiang Guofei told reporters.

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

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

DeFi

LK Venture Research Report | Telegram vs Twitter Who will dominate the super application race in the Web3 era?

Original author LeoDengSummary X and Telegram are globally renowned social media platforms that are exploring in the ...

Blockchain

After the delisting of FTX, Binance entered the options market, why did it choose the "American option" that is different?

Binance has been very eye-catching recently, withdrawing its own FTX tokens and preparing to launch new businesses su...

Market

Three days after listing, trading volume is lackluster. The first-ever leveraged BTC ETF in the US did not have a good start.

First leveraged cryptocurrency ETF in the US underperforms expectations three days after listing.

Blockchain

FTX Crypto Exchange: The Bidding Bonanza!

Some of the available options include selling the exchange, which previously had 9 million users but went bankrupt.

Blockchain

FCoin thunders, Zhang Jian confesses that over 900 million yuan cannot be paid, and foreign exchanges have significant financial risks

Source: Finance and Economics · Chain Finance Author: Chen At about 6 pm on February 17, Zhang Jian, the founder...

Blockchain

Sun Yuchen used capital hegemony to control Steem, causing controversy, the integrity of stolen users' voting rights was questioned

Recently, in order to prevent capital power on the chain, Steem witness nodes jointly launched a soft fork. God V des...