How to deeply understand the new position of the general secretary on the blockchain

Author: Wu Tong, deputy director of the special committee CECBC block chain, a doctoral candidate in the Central University of Finance and digital asset Institute researcher

The Political Bureau of the CPC Central Committee conducted the 18th collective study on the status quo and trends of blockchain technology development on the afternoon of October 24. Xi Jinping, general secretary of the CPC Central Committee, emphasized that the integrated application of blockchain technology plays an important role in new technological innovation and industrial transformation. We must take the blockchain as an important breakthrough for independent innovation of core technologies, clarify the main direction, increase investment, focus on a number of key core technologies, and accelerate the development of blockchain technology and industrial innovation. The general secretary’s indication of the blockchain problem has been more than a year since the last mention of the blockchain (May 2018), which has an extremely positive effect on the blockchain industry.

The Secretary-General's elaboration and positioning of the blockchain has at least the following important aspects worthy of attention and attention:

First, the General Secretary rarely elaborates on a particular technology. In the past, Internet and artificial intelligence were specifically elaborated on specific technologies and collectively studied in the Central Political Bureau. This means that the blockchain is at least raised to the same level as artificial intelligence. the height of.

Second, the blockchain has not been included in the hard technology category before. The general secretary has clearly proposed that the blockchain is an important breakthrough for independent innovation of core technologies, and it faces the role and status of the blockchain.

Third, the General Secretary mentioned the accelerated integration of blockchain and cutting-edge information technologies such as artificial intelligence, big data, and the Internet of Things to promote integrated innovation and convergence applications. As an interconnected technology, blockchain is most likely to become the infrastructure of the digital economy, so integration with other hard technologies is extremely important. The statement by the General Secretary confirms this assertion.

Fourth, the core information revealed by the speech of the General Secretary is that the development direction of the blockchain is to defy the reality, empower the entity, improve the people's livelihood, and gain industrial advantages. We should strictly block the blockchain and the encryption without value support. )currency. At the same time, the General Secretary mentioned digital finance and digital asset trading. Digital finance basically refers to the blockchain as the infrastructure of financial institutions such as banks and securities companies and financial markets, as well as the legal digital currency (DCEP) that has attracted widespread attention this year. The high probability of digital assets here refers to the digitization of physical and financial assets, and the data assetization that is about to become the next outlet.

Fifth, the general secretary mentioned the use of blockchain to improve the flow and sharing of government data and promote business synergy. The integration of blockchain and government system is of great significance, not only will not decentralize, but also improve the government's macro-control ability through information integration and other channels, the author's new book – "chain economics: blockchain The integration of the government and government system will comprehensively explain how the blockchain is used in the government system, with a view to contributing to the development of the blockchain and the digital economy.

Sixth, the General Secretary mentioned the strengthening of blockchain standardization research and the promotion of international discourse rights and rulemaking rights. The day before yesterday, Zuckerberg’s participation in the Libra hearing further conveyed the trend of increasing international competition in the blockchain and digital finance. Standardization is the expression and realization of the right to speak. In the new round of digital financial competition, we need to do Leader, not follower. The general secretary Gao Jianjian pointed out the development status and trend of the blockchain. Next, the industry participants need to pick up their sleeves and move forward to better realize the value of the blockchain industry and make a name for themselves.


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