The forum was an extension of the high-end dialogue on the 27th. Through speeches, the guests discussed their cognition and understanding of the development trend of blockchain, and shared the scenario application of blockchain in the ecological field of building a "trusted digital society". As one of the highlights of the Expo, the blockchain section consists of two parts: the "Blockchain High-end Dialogue" on the 27th and the "Blockchain Technology Development Forum (GBF)" on the 28th.
Editor | Lu Xiaoming
(round table dialogue)
On May 28, the Blockchain Technology Development Forum (GBF) with the theme of "Technological Innovation and Integration" was held at the Guiyang International Ecological Conference Center, hosted by the Organizing Committee of the 2019 China International Big Data Expo, and undertaken by the China Academy of Information and Communications Technology , Teleinfo and Odaily co-organizers.
The forum was an extension of the high-end dialogue on the 27th. Through speeches, the guests discussed their cognition and understanding of the development trend of blockchain, and shared the scenario application of blockchain in the ecological field of building a "trusted digital society". As one of the highlights of the Expo, the blockchain section consists of two parts: the "Blockchain High-end Dialogue" on the 27th and the "Blockchain Technology Development Forum (GBF)" on the 28th.
Highlights of the roundtable are as follows:
Regarding the combination of blockchain and entities, several filing companies stated that blockchain should be applied according to specific business scenarios, and blockchain should not be used for the sake of blockchain. Regarding the difficulties encountered in the development of blockchain, many guests said that policy will be an important factor. At the same time, some guests said that the blockchain will definitely become more and more powerful this year, and more and more entities will definitely enter it.
Highlights of the roundtable are as follows:
Odaily: Why use blockchain? How is it applied? How to form a closed loop?
He Yingqi: At present, BTG Homeinn is the eighth largest hotel in the world, with 150 million people staying every year. We hope that through the blockchain technology, more than 100 million user points can generate liquidity. This is a loyalty program, and tens of millions of account points have been migrated to the blockchain. Points can generate flow and stimulate user behavior. We will also cooperate with China Unicom and Spring Airlines to form a points flow system. We will control the price and value of points to avoid major problems.
Yan Kewen: Our original intention is to apply blockchain technology to the travel industry, which starts from three aspects: experience, security, and certificate storage. In terms of experience, GoFun encourages users to use cars with the method of "using a car to mine"; in terms of efficiency, it deploys some blockchain electronic invoices; in terms of security, it uses blockchain to establish a user credit system.
Zhang Tao: Why do blockchain? But whenever innovative technologies appear, large Chinese companies will do it. In addition, this is also the group's big Internet of Things (IOT) strategy. We believe that the distributed architecture can be better integrated with the Internet of Things. Of course, this is just an attempt. The need for user data protection has begun to increase, requiring technologies with encryption properties to serve them. We have tried all the scenarios, but the general direction is still the food chain and medical scenarios.
Deng Mingyu: I think for now, at least in the industry, if a pure blockchain company wants to close a business closed loop, there will always be a little bit. But to be honest, the point where our closed loop cannot be closed is not in the blockchain itself.
I understand that blockchain technology itself is like a technical glue. It can only play a role when it is a value anchor between the digital world and the physical world, so it cannot rely on a blockchain company to form its own closed loop, but because the other loop is the real world,
Blockchain companies need mutual recognition of identities when conducting business cooperation. This is the role that our company's "identity chain" will play. For example, a passenger can check in through Home Inns, book a car through Shouqi, and set temperature habits through Haier Smart Home. But how to get through the data among the three to give customers the best experience? Enterprises want to share data without revealing business secrets, and have certain requirements for data security. This is the application scenario of our "identity chain". The identity chain focuses on the field of social governance, and connects the provincial, city, and county levels in the government affairs system. There are already some real implementation cases.
Odaily: How did you solve the problems and challenges encountered during the application of blockchain?
He Yingqi: In the process of applying the blockchain, the first problem we encountered was regulatory issues. Furthermore, how does the blockchain invoice? Invoicing is the first problem encountered when the business is about to land. Technology is not a focus, the focus is to get through the existing business model and business logic. Finally, how to control the risk is also a difficult problem we face. We don’t want the price of points to fluctuate too much. We hope to do this within a controllable range (points on chain).
Yan Kewen: When the blockchain is applied, there will be two problems. The first is trust in data. In the process of collaborative development of enterprises, there is a problem of trust. Who can guarantee that your data is true, so this is also a challenge, and you need to obtain trust and endorsement. Second, what does trust bring in the future. I think the blockchain is not just a data transmission, it is actually a value transmission, which includes the value transmission between users in the industry, car providers and car users, etc.
Zhang Tao: Whether or not the business needs to use blockchain depends on specific issues. You can also use technologies such as big data and cloud computing. Don’t rely on blockchain for the sake of blockchain. In addition, the development of blockchain depends on the attitude of the government. The valuation of enterprises supported by policies such as artificial intelligence can reach billions of yuan; but for the blockchain, the attitude of more governments is still to wait and see.
Deng Mingyu: There is one thing I want to share with blockchain practitioners. Don’t worry about a complete blockchain architecture, but focus on solving problems. Otherwise, it will be out of touch with the real world. Practice should be respected and realized through iteration.
Odaily: What are the expectations of the guests for the future development of blockchain?
He Yingqi: The blockchain will become more and more powerful this year, and more and more entities will enter it. I personally believe that in the information scenarios of many entities, the blockchain is a very potential trust channel.
Yan Kewen: In fact, I think the application of blockchain must be brilliant in various industries, including the underlying technology of blockchain and security technology. The blockchain will be more closely integrated with the shared travel industry, truly from data transfer to value transfer, we want to go from car sharing to car sharing.
Zhang Tao: I think the future blockchain will definitely be an industry that will give birth to unicorns, and the blockchain will play a role in the ecological cooperation of enterprises. But to develop, it also needs policy support to guide the opening of the physical scene and make the technology in the circle applicable, so that it is possible to create a world-leading enterprise.
Deng Mingyu: The first conclusion is that blockchain technology is definitely valuable; the second conclusion is that it is impossible for all companies in any industry to create value. It must be a company with a clear positioning of itself that can develop well, and the rest will be washed away by big waves.
