Blockchain and Digital Economy Roundtable Essence: Blockchain is a Good Accountant in the Digital World|
Dave
2019-05-28 11:36
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"Currently, the prospect of large-scale commercial use of blockchain technology has not yet appeared, but I think that in 2019, there will be opportunities for commercial use."

Editor | Lu Xiaoming

Editor | Lu Xiaoming

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.

This afternoon, a roundtable dialogue on the theme of "Leading - What is the relationship between blockchain and digital economy" of the Blockchain Technology Development Forum (GBF) was held at the Guiyang International Ecological Conference Center. The moderator of this roundtable dialogue is Yuan Jun, partner of Odaily, and the guests include: Wang Xiaoming, founder and CEO of HPB Core Chain, Dong Ning, CEO of Zhilian Wanyuan, Zhang Xiaojun, head of Huawei's blockchain business, and Yang Jun, strategic director of Alibaba Cloud Research Center , VeChain Chief Strategy Officer Zhuang Jiadong, Huobi China CEO Yuan Yuming.

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: The relationship between blockchain and digital economy? What role does blockchain play in the digital economy?

Zhang Xiaojun: The digital economy uses data to promote economic development, but how to effectively connect data is a difficult problem. Currently, the existing data is fragmented, and some data are afraid to share, unable to share, or unwilling to share. Now that the blockchain comes out, it can effectively realize the credible and safe sharing mechanism of data. This is the basis for effectively opening up data, so the blockchain plays a key role in promoting the rapid development of the digital economy. I was just chatting with a friend two days ago, and said why the blockchain talks are called blockchain+. Blockchain is to ensure the security of data transmission and data sharing process. Only with data can you exist The following blockchain + artificial intelligence, blockchain + big data realize the effective processing of background data. Therefore, the blockchain is an effective collaboration for the future digital economy.

Wang Xiaoming: First, the blockchain is a double-edged sword. It can make data safe and private, but it will also bring many problems. Second, the blockchain is programmable. The first application of the blockchain is Bitcoin. The real large-scale application of the blockchain in the future will be in the field of blockchain extension, such as the blockchain programmable economy. The third is the return of data to individuals, to be precise, to individuals or machines, so that data can truly return to each terminal, which will bring about the explosion of the Internet of Things.

Dong Ning: In the process of digital development in our country in the past few years, the economy generally comes first, followed by the digital. When the economy is good, the degree of digitalization develops faster. If the economy is not good, it may have an impact on the process of digitalization and informatization. It is also very obvious in the blockchain industry. Last year, the external environment of the blockchain industry was full of excitement. This year, it can be described in two words as anxiety. All companies in this industry have begun to think about what their commercial landing model and economic model are. We found a rule, I feel several characteristics:

  1. People who are engaged in business will be more anxious than those who are engaged in technology.

  2. Enterprises are more anxious than the government. Mr. Zhang Haier said just now that the government should give us more support to allow our industry to develop. This is the voice of enterprises. The government still hopes to see what you can come up with and how it can be combined with me, and I will pay to support it.

  3. The boss is more anxious than the employees. I have made such a good product, how can the boss turn it into a business model, and how can I earn back the money.

In fact, the fundamental point of discussion is that if we talk about the economy, whether it is digital technology or blockchain, how to find our own business model in the economic era is a very critical issue for this industry now.

Yang Jun: First, I think blockchain is a production relationship in the digital world for the digital economy, or a new production relationship in the digital economy. Data is an important means of production in the digital economy. When we look at cloud computing, big data, and artificial intelligence today, it is actually the productivity of the digital economy, because it transforms data into value through algorithms and computing power and provides valuable services. .

The mobile Internet is a bit like the production relationship of our digital economy, but today the blockchain is more in line with the three elements of the production relationship. The three elements of the production relationship: the first is the means of production, the second is the status of the relationship between everyone in each role of the production relationship, and the third is how to distribute the produced products.

In the blockchain, whether it is a public chain, an alliance chain, or a private chain, although the three dimensions are different, they are involved in these three dimensions and are clearly stipulated. Let's take the public chain as an example. First, who owns the means of production. In the public chain, everyone has one account, and everyone in the public chain is equal; third, how to distribute the produced products.

There are two types of products produced in the blockchain public chain network, one is the value of the corresponding data confirmation, and the other is that the newly produced data is also a new product, which has a very positive definition for the public chain.

So from this perspective, the blockchain is a technology that is more in line with production relations than the Internet and mobile Internet.

Second, regarding the unique value of the blockchain for the digital economy, I have a metaphor that the blockchain is a good accountant in the digital world.

Zhuang Jiadong: In the digital economy, I think that if we want to maximize economic benefits and maximize the benefits of everyone in the economy, we must not set up a system of barriers. I think the direction of the future must be the general direction of industry. This is the most essential thing of the blockchain, without setting up any barriers. You can maximize the value of real information, so that the digital economy will play the most important role. good effect.

Yuan Yuming: Although at present, most of the centralized systems running on the Internet are good, there are still some problems: the current systems need to rely on a third-party intermediary, and users will inevitably expose some personal private information. Information may be used by intermediaries, which should not be done. The origin of blockchain is to protect personal privacy.

Then there is the enterprise side, including the needs of the government. On the one hand, this data is hoped to be shared with other companies or institutions, and the data can be mined together to obtain greater value; on the other hand, These data involve privacy, sensitivity, and security. This demand is a very big demand point we have encountered. These are where blockchain can make a difference.

Odaily: Does blockchain have a solution? Has there been a phenomenon-level application of the blockchain in two or three years?

Wang Xiaoming: I think that real phenomenon-level applications will be produced in the original blockchain scene. The blockchainization of the Internet may increase by 1 or 2 times, and some native products may increase by 10, 100, or 1,000 times. This is what we observed.

Dong Ning: Our industry should seek truth from facts. Now there must be no absolute killer application, but there are indeed some directions, such as commodity traceability, industrial finance, public services driven by government affairs, and possibly the direction of To C.

Zhang Xiaojun: The killer app is a bit inaccurate. Now I find that the blockchain is not a certain technology, because the technical application can only be realized with a single application. In the past three years, I have seen a bunch of blockchain cases, but why can’t it be used in the industry? I see that first of all, technology must bring income. Looking at this year, I think that the rapid implementation of blockchain lies in government and enterprises. The government has provided a good idea - to open up data.

At present, the prospect of large-scale commercial use of blockchain technology has not yet appeared, but I think that in 2019, there will be opportunities for commercial use.

Yang Jun: Looking at the project-level services of the blockchain, we focus on pan-information services, such as electronic invoices and customs financial applications, but we have not yet reached the tipping point of the blockchain. When things in the blockchain world can be real-time in the physical world Change, that is when the conditions are ripe. For large-scale commercial use, this problem must be solved.

Zhuang Jiadong: From the perspective of application, the blockchain is still in a very early stage. I think that all of us here, including the few of us, belong to a generation that bears heavy responsibilities.

Now many teams working on blockchain projects have many misunderstandings. One is to focus on pure technology, that is, how high the TPS should be. In fact, I think these things may have application scenarios in the future, but there is no chance now. For large-scale applications, what is the use of TPS reaching 200,000? It is better to do some practical applications so that everyone can see the real value.

Yuan Yuming: The host of the Digital Expo last year also asked the same question. At least this year, the result has not been fulfilled. Why do people say that killer applications have not appeared? Blockchain is a production relationship, not productivity. The chain is often more like an institutional change. It may take a period of time to accumulate a tipping point before a stronger killer application emerges.

Odaily: Let’s imagine now, three to five years later, what kind of achievements or achievements do you think you will have in your field? What is it like five years from now? Where will its value be?

Wang Xiaoming: The entire infrastructure is not perfect now, and we are also solving this problem, but in three to five years, I am still very optimistic about its implementation. If you want to go to a higher level, you may need a very good infrastructure to carry it. Next, I am more optimistic about the original field of blockchain, and there will be some landing products in the Internet field. Our company's scenario is to find a cross-border payment solution, but because the technology is particularly immature, when the technology is mature and the user base is established, there will be great opportunities in the future.

Dong Ning: We are mainly doing two things now. We hope to gradually implement some projects in this field. One is to make it a product, and the other is to make it a platform, and then achieve the effect at the lowest cost that an enterprise can afford. maximize. In the first field, we are particularly optimistic about the supply chain. Second, at the end of 2017 and the beginning of 2018, we began to cooperate with China COSCO in intelligent shipping logistics.

Zhang Xiaojun: From the perspective of blockchain, Huawei does not do applications. We have always firmly believed in the principle that blockchain is for ecology. This is a win-win model for all parties. We have always insisted that Huawei can build models in the bottom-end, core, network, and cloud. We are now mainly doing more technical support in three areas: 1. Government affairs; 2. Cross-border trade; 3. Medical care.

Yang Jun: The sharing economy we see now is essentially a form of rental economy in disguise. Whether it is bicycles, express trains or convenient accommodation, the real sharing economy is actually the asset owner is the user and the benefit sharer , and the blockchain actually has application advantages in these three points.

Zhuang Jiadong: I feel that in the next few years, the blockchain will be full of flowers and compete for beauty. Whether you are in infrastructure or applications, everyone must continue to work hard together. We shoulder heavy responsibilities and have this sense of mission.

Yuan Yuming: I’m talking a little more concretely. During the development of the Internet, Lei Jun and Dong Mingzhu bet on who will earn more in 2018. At that time, it was understood as a symbolic event that the Internet challenged traditional industries, because the Internet has become so powerful. Comparing with traditional private enterprises who is stronger and who is weaker, but the final result seems to be similar. At least five years later, no one will argue about who is stronger or weaker between the Internet and the traditional one, because the Internet has already been deeply rooted in the hearts of the people, and they all feel that this is a very important issue. , A very promising industry.

Next, there will be a gamble between blockchain companies and traditional companies first, and it may also be a contest that can positively reflect the collision between blockchain and tradition, and it will appear in three to five years. The situation is that there is no need for this kind of debate anymore. Blockchain is already recognized and considered by everyone to be an industry status that is understood like the Internet.

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