Half-moon talk: blockchain is favored at the same time, be wary of the "leek reaper" come back

Article source: Half month to talk about new media

In late October, the Political Bureau of the Central Committee conducted the eighteenth collective study on the status quo and trends of blockchain technology development, emphasizing the blockchain as an important breakthrough for independent innovation of core technologies and accelerating the development of blockchain technology and industrial innovation. This news indicates that the country's determination to combine blockchain technology with economic and social development, blockchain technology will become an important direction for the future of China's digital economy. For a time, the blockchain concept was once again in full swing.

However, we must see that the blockchain has experienced a wave of excessive speculation in recent years. In the society, there have been various blockchain concept enterprises that have used the blockchain name to create momentum, false propaganda and even fraud. In addition to spawning a large number of "junk digital currency", there are not a few practical applications. According to statistics, there are currently more than 32,000 enterprises in the community with names or business scopes including “blockchains”, but more than 90% of them do not really own blockchain technology. Many platforms claim to have blockchain technology, illegally raise funds by using professional terms such as sharing economy or big data, and many criminals intend to confuse blockchain concepts with financial currency knowledge, using blockchains. The so-called "digital currency" of the hair, taking advantage of the opportunity to collect money, attempted to "cut the leek" from the followers of the wind, causing different degrees of financial risk in some places.

With the rise of a new round of blockchain boom, some lawless elements are eager to move, and the related speculations on the Internet continue to emerge. In fact, for ordinary investors, the blockchain is not a pie that falls from the sky. It can be eaten when it is picked up. The real value of the blockchain needs to be deeply integrated with the real economy. In essence, blockchain is a decentralized distributed database, which is an innovative application mode of distributed data storage, multi-center point-to-point transmission, consensus mechanism and encryption algorithm in the Internet age. Application prospects.

• Li Dongrong, China Mutual Gold Association: The development of digital currency cannot violate the essence of monetary activity
• Market Analysis: BTC is still in the stage of technical adjustment, and the mainstream currency market has better BCH performance.
• Xinhua News Agency comment: Do not want to put the blockchain in this chanting

The core technology of the blockchain lies in the applications of trade finance and public services. Thousands of digital currencies, such as bitcoin, which have been blown up by many "leek reapers", are only the primary application of the blockchain, because excessive hype has become a technological "bubble", and investing in these digital currencies is tantamount to gambling. In fact, as a technical means, the blockchain itself does not create wealth. Only by combining blockchain technology with all walks of life and improving production and life through the innovative application of blockchain will it be possible to stimulate the vitality of wealth creation.

At present, blockchain has become an important area of ​​global technological development, and major countries are paying close attention to the layout of this field. In the face of the megatrend, on the one hand, we must vigorously promote the combination of blockchain technology and related industries, and pay close attention to the layout of supporting industries; on the other hand, we must explore the establishment of a risk prevention system that adapts to the blockchain technology mechanism, and guide the development of blockchain. Operators and platform operators strengthen industry self-discipline and implement social responsibilities to prevent various risks. As a supervisory department, it is necessary to fill in the regulatory gaps that arise during the development of blockchains in a timely manner, and it is not allowed to make new technologies a weapon for deceiving the masses in the hands of offenders.

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