At present, blockchain technology is no longer a new concept, and it has attracted more and more attention from all walks of life in the society and economy. In the past, when talking about blockchain, it might just be a fashionable concept in a small group of people, but after a round of sharp drop in the price of Bitcoin, digital tokens, etc., the bubble of speculation has dissipated. This innovative technology is moving from the technical concept stage to the real implementation stage.
Not only some innovative companies are testing the blockchain, but even giant technology companies such as Tencent, JD.com, and Google have also incorporated blockchain technology into the strategic territory of technology research and development. But the rise of any technology is inseparable from the help of a mature ecology, just like the PC era has been rampant for decades after Microsoft and Intel, and it is still updating and evolving; similarly, the rise of smartphones is due to the The support of the Android system and the ARM architecture chip has created the scene where a hundred flowers are blooming today.
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Traditional enterprises seize new opportunities and successfully cross-border blockchain
The explosion of Internet applications has pushed traditional industries to seek breakthroughs in business models and strategic directions. In 2014, Annie Co., Ltd. upgraded to the Internet copyright application and service business, becoming a comprehensive enterprise group with this as its main field and direction, and reached a strategic partnership with the DCI system of the China Copyright Protection Center, and is committed to becoming a leading enterprise in China's copyright services. From copyright protection, copyright transaction to copyright operation, it provides one-stop copyright services for copyright owners.
In 2017, blockchain technology has just emerged, and its applications are concentrated on ICO white papers and cryptocurrencies. The industry application is almost a virgin land, and there are few mature implementation paths and application practice cases. Some forward-looking companies have keenly discovered the technical characteristics of blockchain technology such as distributed accounting, non-tampering, smart contracts, and consensus mechanisms, and have begun to pay attention to and research blockchain technology.
Hao Han, CTO of Annie shares and secretary-general of the Copyright Blockchain Alliance, said that Annie shares are the first batch of enterprises in China to apply blockchain technology to the copyright protection industry chain. After more than two years of exploration and practice, based on open source blocks FISCO BCOS, the underlying technology platform of the chain, is developed to include every member in the copyright transaction chain, relatively objectively record the creation information of works, and provide copyright services for massive works at low cost and efficiently, which greatly reduces the cost of copyright transactions and increases In one fell swoop, it has become a mature practice sample of blockchain technology in the field of copyright transactions.
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The practice of blockchain is not achieved overnight
Obviously, the exploration and application of blockchain technology in the traditional industrial business structure is not achieved overnight, and it is an inevitable process to cross the river by feeling the stones.
At present, in the field of blockchain technology applications, Internet and technology companies are moving faster, and more are seeking breakthroughs on the blockchain technology infrastructure platform. Relatively speaking, the integration and exploration of the application of the real economy and blockchain technology is much slower, among which copyright protection and transactions are typical scenarios where blockchain technology is more applicable. Only by introducing blockchain technology and having rich experience in the application of copyright transactions, financial services and other fields and empowering the real economy, can it be extended to various links such as the creation protection system and copyright authorization trading platform, and truly integrate the blockchain Technology fell to the ground.
But often the first copyright company to eat crabs is prone to detours and will go through a process of continuous trial and error and optimization.
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FISCO BCOS is more suitable for high-performance operations and solves high concurrency problems
More and more enterprises from traditional industries are starting to implement applications based on FISCO BCOS.
Generally speaking, although blockchain technology has the characteristics of non-tamperable, smart contracts, and consensus mechanisms, it is a natural trust machine. become the biggest bottleneck for wide application.
When contract transactions are highly concurrency, the modification efficiency of the same account by some open source underlying technology platforms will cause frequent delays in transaction efficiency. Especially with the further increase in the concurrency of trading platforms, performance bottlenecks will cause a large number of transactions to "block" together, directly affecting customer experience. The emergence of FISCO BCOS effectively solves this problem. After many enterprises apply the FISCO BCOS platform, they can not only support low-cost and high-efficiency transaction services, but also solve the problem of modification efficiency when contract transactions are highly concurrent.
It is understood that FISCO BCOS has carried out a lot of optimized design on performance. Specifically, by optimizing the network communication model and adopting a Byzantine fault-tolerant consensus mechanism, combined with multi-chain architecture and cross-chain interaction solutions, it can perfectly handle the performance pain points of concurrent access and hotspot accounts, so as to meet high-frequency issues such as finance and copyright. To meet the needs of transaction scenarios, application environments such as high security, high availability, and high performance have been realized.
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FISCO BCOS has more prominent advantages in the competition for the underlying technology platform of the blockchain
As mentioned at the beginning of the article, the popularization of any cutting-edge emerging technology must cross the threshold of easy-to-use and low-threshold applications. The wide application of blockchain technology will inevitably follow the path of "ecosystem". The underlying open source platform of blockchain technology for more individual and enterprise developers is an inevitable choice for large-scale application of technology. The reason is simple. Blockchain technology involves core technologies such as hash algorithms, smart contracts, and consensus mechanisms. For developers, it is obviously an impossible task to start from scratch and each company do the underlying technology.
Like Fabric, FISCO BCOS has undertaken such a mission since the day it was born. However, there are certain differences in the advantages and values of different open source platforms.
In contrast, FISCO BCOS is created by the Golden Chain Alliance Open Source Working Group jointly initiated by Shenzhen Financial Technology Association, WeBank and other institutions and technology companies. Since it is jointly developed by domestic companies, it is completely localized and belongs to an independent and controllable blockchain. The underlying technology open source platform, which started from the initial financial transaction scene, has gradually covered many industries and fields such as banking, insurance, intellectual property protection, energy, medical care, transportation, social services, and government administration. After being tested in a large number of production environments by many institutions and enterprises, FISCO BCOS has excellent performance in terms of performance, security enhancement design, and privacy protection. At the same time, it is more friendly to industry developers, supports flexible and efficient business expansion, and provides multiple Chain, cross-chain solutions.
It is conceivable that with the participation of more and more enterprises and institutions, long-term application of the FISCO BCOS platform for blockchain application practice will further verify the universality of the platform and provide a basis for FISCO BCOS optimization technology and experience. It is believed that with the increase of industry application cases and the establishment of more practical models, FISCO BCOS, as the leading open-source platform for blockchain underlying technology in China, will further improve its status relying on the advantages of independence and controllability, and continue to improve the ecology The system will eventually promote more industries and enterprises to join, and promote China's blockchain technology to lead the world.
