This is the real blockchain! Tens of billions of dollars are put here, 4 industry experts bring you first-line experience

"People always overestimate the changes in the next one to two years and underestimate the changes in the next ten years."

To describe the blockchain with this statement from Bill Gates is really appropriate. Blockchain uselessness and blockchain omnipotence both fail to accurately understand the uniqueness of technological change in the dimension of time.

In the ten years of blockchain, all practitioners may be waiting for a "big explosion", but unfortunately, it is a helpless and sad "first year".

In 2020, the slogan of the first year of the industrial blockchain is again sung by the media. Is this time true?

I have a friend who is a service provider of the underlying technology of the blockchain. In the two months of 2019, he was ecstatic. With the "1024 Speech", the development of the blockchain was promoted to the national strategy. Fang took the initiative to visit, and he had more orders in those two months than in the past two years.

He was very emotional: In the past, I was worried about the block chain being killed, and today I am even more worried about the block chain being killed.

In 2020, the national policy superimposes the new crown epidemic situation, which makes the originally prosperous industrial blockchain more uncertain. How can it be grasped? What pits did the pioneers step on? Where is the ideal distance?

Data is included in production factors, industrial blockchain will open the digital economy

Today, when we talk about data, most of it is behavioral data, but with the advent of 5G, sensor devices and networked devices will really come online. When these entities are closely connected to the digital world, the data will grow exponentially. This kind of industry data is the real driving force of the digital economy, and it is data oil.

On April 9, the Central Committee of the Communist Party of China and the State Council issued the first factor-based market configuration file, and the data was officially included in the scope of production factors for the first time. Most people were excited about the "1024 Speech" but were unresponsive to the matter. In fact, this is the real detonator of the industrial blockchain.

Because each round of production factor changes will bring about a shift in the entire economic paradigm. As a necessary means to resolve data rights, pricing and transactions, blockchain will surely open the digital economy and lead the development of the digital economy in the next ten years.

Technological change is not a linear development. It is not like driving a car. When you give fuel slowly, the car will slowly speed up. It is a leaping development, it seems to be stagnant, but at some point, it will suddenly burst. 2020 is likely to be such a point in time.

Storytelling doesn't work, industrial blockchain is about to land

In the previous ten years, blockchains are telling stories, and practitioners are using imagination to find creativity.

Today, solving real problems, solving specific pain points in vertical industries, and creating real value industrial blockchains are becoming the choice of mainstream entrepreneurs and large companies, and are supported by policies.

Storytelling is not easy to use, reducing costs and increasing efficiency has become the main theme.

We look at the industrial blockchain, which is divided into three levels:

First, solve the shortcomings of the centralized system and increase the trust of data.

Second, on the basis of credible data, realize multi-center collaboration and reshape trust relationships.

Third, through the digitization of assets and digital assetization, establish a new value system for the digital economy.

Previously, the industrial blockchain was indeed lost in the digital asset or token economy level, but today, the upcoming central bank digital currency DC / EP will make up for this shortcoming.

Therefore, in 2020, large-scale industrial investment and industrial breakthroughs are likely to be in the alliance chain, which will undertake large-scale commercial landings.

Anyone who can create the tens of billions of samples of the first industrial blockchain will be the winner. Is it Baidu, Tencent and Ali? Not necessarily.

Industrial blockchain, don't step on these pits

The industrial blockchain is on fire.

Someone came for the policy, but in the end less than half a year, they got stunned and quickly moved in and out.

Some people are optimistic about the prospects of the industry, but the result is a deep dilemma.

The industrial blockchain has not yet entered, how to enter? Already in the game, how to break the game?

Ma Qianli, vice president of Babbitt and director of operations of Biyuan Chain, said:

How to combine the grand ideals of the blockchain concept with realistic business logic and government affairs facts is the biggest challenge at the practical level. My solution is to launch a small product that solves a single pain point in the field of public welfare and government affairs in the form of a minimal blockchain feasible application (mbp), and then superimpose more things on the basis of this useful and interesting small product .

Difficulties are not only external, but also internal anxiety. Many blockchain projects have very long project cycles, many uncertain factors, and they know that the industry is suitable for people who are more optimistic.

In the industrial blockchain, imagination is more important than technology, but without learning technology, imagination is the rootless wood.

Li Jun, deputy director of Xiong'an Blockchain Lab, said:

There are three major obstacles to doing industrial blockchain:

First, treat blockchain as technology only.

Second, I want to get a quick return from the blockchain.

Third, lack of in-depth thinking on methodology.

I have a few advices for practitioners:

First, continue to engage in blockchain technology and delve into the real technology, and do not study the problem of "a few angels can stand on the needle tip."

Second, the Nuggets can take a break first, to be with more people.

Third, think about what blockchain is.

Yu Yanan, Product Leader of Baidu Blockchain System Department

Industrial blockchain is difficult to land. In order to solve this problem, we are improving the ease of technology and polishing a series of standardized products, hoping to achieve blockchain within reach.

Blockchain cannot solve all problems. It needs to be combined with advanced technologies such as artificial intelligence, big data, and multi-party secure computing to form a perfect closed-loop solution. We are therefore promoting blockchain + various advanced technology solutions.

For new players in the industrial blockchain, I have two suggestions.

First, improve the degree of matching between its own business and blockchain application scenarios. Whether it is a startup company or a big factory, they are crossing the river by feeling the stones and exploring the direction in supervision. The best option in the early days is to find suitable application scenarios within the company.

Second, make preparations for long-term tackling. The industry is still at a very early stage. There is still a long way to go from technological innovation and product polishing to truly forming a business model.

Zhao Jia, a specially appointed expert and partner of Softbank Financial Research Institute, said:

The biggest challenge to be an industrial blockchain is the cognitive limitations of traditional enterprises. It is a re-education process for new things. Many traditional business owners are confined by inherent thinking and need repeated education to help them change their minds. The second is policy, and its restrictions on the field of tokens make entity companies dare not make bold innovations.

There are two best opportunities to enter the blockchain industry, one is in 2009 and the other is now. The blockchain has not yet been accepted by the mainstream crowd, ALL IN, persevering in the end, will be able to obtain huge gains. Hold the cycle to win the future.

This is the real blockchain! Tens of billions of dollars are put here, 4 industry experts bring you first-line experience

The third period of the Babbitt Industry Course, "Blockchain Project Trader Learning Week" is coming, it will help you who have not yet entered or have already entered, clarify the development of the industrial blockchain, and fill in those pits that can be avoided To explore possible future directions.

We invite four top think tanks in the field of industrial blockchain to participate in the lecture. They are:

Vice President of Babbitt, Director of Operations, Bianyuan Chain, Ma Qianli

Deputy Director of Xiong'an Blockchain Lab, Li Jun

Yu Yanan, Product Leader of Baidu Blockchain System Department

Zhao Jia, Distinguished Expert and Partner, Softbank Financial Research Institute

They will teach:

"Open the skylight to speak brightly, what is the problem with the current blockchain project? 》

"Blockchain layout of Xiong'an New District under the historical opportunity"

"Crowds of partners, teach you 3 ways to improve the operational strength of the enterprise"

"If you encounter problems during the progress of the project, you should grasp these 5 core points"

From April 26 to April 29, from 7 to 9 every night, the four instructors will use 1 hour of PPT courseware to explain +1 hour of student interactions to answer the questions, which will uncover the mystery of the industrial blockchain. .

The subscription method is as follows:

1. Click to buy: click me quickly

2. Scan code purchase:

This is the real blockchain! Tens of billions of dollars are put here, 4 industry experts bring you first-line experience

This is the real blockchain! Tens of billions of dollars are put here, 4 industry experts bring you first-line experience

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

Market

Worldcoin (WLD) price soars by 20% as Bitcoin jumps, crypto whale makes a $2.5 million profit.

The value of Worldcoin (WLD) is on the rise, which is a notable achievement in the wake of Bitcoin's (BTC) dominance ...

Market

Bitcoin's Bull Run Unveiling the Forces Behind the Rally and Setting Sights on BTC Price Targets

The recent surge in BTC prices has given investors renewed optimism, fueling speculation that the long-awaited bull m...

Blockchain

The Sandbox and NuggetRush: A Tale of Upgrades and Rushing Nuggets

Fashionistas, are you ready for the latest updates on The Sandbox (SAND)? The popular NFT platform is launching a new...

Blockchain

Introducing the Crypto Fashion Trend: Tangem Ring

Fashion-forward crypto enthusiasts rejoice! The highly anticipated launch of Tangem Ring, a stylish hardware wallet, ...

Blockchain

Ethereum’s Roadmap: Enhancing Privacy and Embracing Cypherpunk Spirit 🚀🔒

Buterin's dedication to rekindling the cypherpunk ethos of the chain's origins showcases a deep passion for safeguard...

Blockchain

NBA Sued for Alleged Role in Voyager Digital Losses

A group of concerned Voyager Digital investors have taken legal action against the NBA for their perceived involvemen...