Editor's Note: This article comes fromStar Media STARMEDIA (ID: Star_Media1)Editor's Note: This article comes from
Star Media STARMEDIA (ID: Star_Media1)
Star Media STARMEDIA (ID: Star_Media1)
, Author: Darcy, reproduced by Odaily with authorization.
Star Media: Are you more optimistic about the alliance chain or the public chain in 2020?
Zhu Youping: All technologies in 2020 must focus on "use". First, the business logic must be clear, and then choose which chain to use according to the specific application scenario.
For example, if there is a business model involving transnational users, it is obviously more appropriate to use a public chain. If the business itself needs to be carried out under authorization, then the alliance chain is very good. If it can adapt to the application scenario, only blockchain thinking, even without blockchain technology is possible.
Just like the People’s Bank of China issued DC/EP, although it has blockchain and encrypted digital currency thinking, it does not necessarily use the blockchain technology we knew before; Facebook issued Libra, and the Byzantine agreement and MOVE algorithm used behind them Even the entire top-level design is not the blockchain technology we know. But they are all ideas of the alliance chain. The key to blockchain and digital currency is its logic.
This kind of logic is valuable, as long as it is based on this logic, it is possible to use a public chain, alliance chain, or a new technology.
But from the reality of our country, in the fields of finance and government affairs—especially government affairs, the demand for blockchain may be greater. Therefore, in our country, the alliance chain is better than the public chain application in China and develops faster.
As Academician Chen Chun said, the alliance chain has more application scenarios and more application opportunities.
Star Media: At present, many companies are doing alliance chains, but when there are more alliance chains, people will have doubts, "Do we need so many alliance chains at this stage?" What do you think?
Zhu Youping: I am in favor of 2020, when everyone will cross the sea and show their abilities.
The question you are raising now may be based on the development of the Internet.
Before the Internet came out, there were enterprise networks, intranets, and local area networks. After the TCP/IP protocol came out, two aspects of the Internet were opened up, one is the address and the other is the exchange. After getting through, the current Internet has become a unified and public application platform. But now such a business as the blockchain is full of hills, and there is no way to reach a consensus between the chains, and there is no way to exchange ledger data. They are all operated independently, which is easy to cause waste of resources.
But I think it is necessary to consider the needs of full competition in the industry. In economics, competition is repetition, and without repetition there is no competition. Create several chains or the country will take out a chain and use it together. Although logically intuitive, it seems to be economical, but it sacrifices competition and the logic of survival of the fittest.
If only one alliance chain dominates the world, then this technology becomes a monopoly. Now that the blockchain application has not been implemented, the simultaneous issuance of all blockchains will help improve the technical level of the blockchain, make the application of the blockchain more fully developed, and also help to integrate more maturely with the real economy.
So in 2020, I encourage everyone to develop their own chains. I think that when new things have just started and many problems have not yet been determined, everyone still needs to fully compete. Only through full competition and survival of the fittest will a few stronger and better chains be formed in the end.
Star Media: So, how will the public chain develop in the next year? Do you think there is still a chance for the currency-related public chain, and how to break it?
Zhu Youping: The public chain cannot be beaten to death with a single stick. First of all, the idea and technology of the public chain platform have gone through years of trial and error, and it is valuable. Secondly, through the public chain, the consensus formed by the blockchain in the world has formed a certain foundation. However, if they are not combined with the chain reform of the real economy, this logic is not closed.
Whether it is the Ethereum that will issue coins in the future, or the exchanges in the secondary market, they will together form a bottom-level pricing platform. This pricing platform must become the preferred platform for chain reform projects. If this is achieved, the industry can still regain value and flourish. Otherwise, it will either be eliminated in the end, or it will be replaced by the subsequent mainstream public chain.
So my suggestion is that these public chain projects should be prepared early, do more enterprise chain reform projects, and further develop and plan in this regard, so that some excellent chain reform ideas and projects can be implemented and become killer applications.
Star Media: In which areas do you think blockchain will explode in 2020?
Zhu Youping: I think 2020 is the "first year of chain reform". I divided the chain reform into 1.0 and 2.0, based on General Secretary Xi’s speech. It was called chain reform 1.0 before. This is a trial and error stage. After General Secretary Xi made his speech, he said that Wanye could use it. We have entered the era of chain reform 2.0, and the application of blockchain will begin to bear fruit.
I was doing training before, and I was a knowledge sharer. Now I have changed my position from a person who "screams loudly" to a person who "sends money to plan". We want to combine the logic of the blockchain with the real business and turn it into an application model for wealth growth. This year, I have done some exploration in this area, and I hope it can be implemented. I roughly divided it into several circles.
The first one is the currency circle. The most important thing in the currency circle now is to correct it.
Whether it is IEO, trading, mining, etc., why did it not last in the end? Because its so-called innovation is just a circle in a pattern of drumming and passing flowers, or the leeks at the back pay for the people in front. Such a model will eventually destroy the blockchain.
Only by embracing the chain reform, making the previous currency issuance platform and trading platform the pricing and optimization platform for the chain reform, empowering the real economy and creating new wealth, is the right way. Relying on air coins that cut leeks is the wrong direction, and the current strict supervision also reveals such signals.
The second is the chain circle, that is, the coinless blockchain, and the chain circle must be empowered. If it is not combined with a physical enterprise, the chain circle is not much different from the previous system integration company. For the development of the chain circle, it must be combined with the real enterprise, and it is extremely urgent to empower the real enterprise.
The third is the Internet circle. The Internet is now facing a transformation problem. I will cite two domestic and foreign examples of the reasons for the transformation.
For example, Facebook issued currency abroad, why did Facebook issue currency? Because it used to rely on 2.7 billion users to advertise and make profits. Before, everyone’s privacy awareness was relatively weak, so the business was relatively easy to develop. However, with the improvement of users’ privacy awareness, Facebook must obtain user authorization if it wants to do this business. But the authorization of 2.7 billion users is almost impossible to achieve. So now Facebook must embrace the blockchain and turn 2.7 billion users into "infrastructure users" for payment and settlement in order to activate this business model, so it must transform.
Take Alibaba as an example in China. Alibaba has four relatively profitable businesses.
The first is the Taobao business. At present, the biggest problem of Taobao is the problem of counterfeit products, as well as the problem of praise and rating. These cannot be solved through the Internet. We must embrace the blockchain to find new solutions. The blockchain can establish a real goods market through its trust mechanism and traceability mechanism, establish an objective credit score system, and use the issuance of certificates to upgrade the original e-commerce business model to the blockchain business model to solve it. The real pain point in e-commerce.
Followed by Alipay business. Although Alipay has gone abroad, it is only in some parts of Southeast Asia. Most countries in Japan and South Korea still do not accept Alipay, because Alipay is not feasible under this centralized credit mechanism. If it is established in a block On the blockchain platform, I believe it will definitely arouse the demand for payment and settlement of various financial institutions around the world.
The other is small and micro loans. Small and micro loans use blockchain as the underlying credit, which can turn past mortgage loans into credit loans. The blockchain has the characteristics of decentralization, non-tampering, transparency and openness. It is used to make credit points, which is objective, fair and efficient. Therefore, it is also using blockchain technology to upgrade its small and micro loans. The most fundamental The most important thing is to turn his original mortgage loan into a credit loan model.
The last is Aliyun. For cloud computing, the blockchain provides distributed storage and secure computing functions. At present, there are many problems in centralized computing, such as we often see security problems, and there are many human factors. In the future, "cloud" will definitely be combined with distributed edge computing. If it is distributed, data services will be much safer.
If the Internet does not transform, the future will be completely changed by the blockchain business, so in 2020, the Internet must make changes.
The fourth circle is the government. The government has many applications in this area. The government is currently modernizing the governance system and governance capabilities. The blockchain can provide a very good governance model.
For example, the People’s Bank of China issued DC/EP. This media has talked a lot, so I won’t go into details; there is also blockchain invoices. Blockchain invoices will revolutionize the entire accounting system, and it has already begun to be implemented. ; The third is the evidence deposit business, which is used to store evidence in courts. This business is being developed on a large scale. After the application of evidence deposit is expanded, it can even be used as a blockchain court;
The fourth one, One Netcom Office, is based on data sharing and can be upgraded and transformed through the blockchain. Why was there no efficiency in the past, because the division of various government departments, data silos, and data sharing are all issues of responsibility. With the blockchain, it is tamper-proof, and it can realize the real sharing of data circulation in different departments, and truly realize the one-stop service, which makes it very convenient for us to pay taxes, apply for passports, and apply for ID cards;
The fifth is the regulatory sandbox. The regulatory sandbox based on the blockchain has now become a platform for the government to supervise finance and even all walks of life. In addition, in the reform of state-owned enterprises, the construction of the Belt and Road, smart cities, and poverty alleviation, blockchain can provide some new ideas, and these aspects are worth exploring.
Another aspect is the industrial blockchain, which is called Wanye Usable. The blockchain can transform consumers into business participants and share the development dividends of the business, which can form a benign interaction, thereby expanding the user scale of the business and helping sales at the same time.
In addition, the blockchain also has a mechanism that can help companies upgrade. As we all know, after the late industrial age, traditional enterprises have overcapacity, and the most fundamental reason for overcapacity is that the simple and efficient mass production of industrialization has been difficult to keep up with the individual needs of consumers. In the past, it was fashionable to wear the same flared trousers, but now it is just a shirt. This is a historical progress, and it means that everyone has begun to demand personalization.
So personalized production is the future, but this kind of production needs to solve two pain points. The first is to accurately convey the data of consumers' individual needs to producers. In this case, the anti-counterfeiting and anti-tampering features of the blockchain can solve this problem;
The second is a larger function, using the financing function of the blockchain and the function of the credit platform to effectively transfer funds to innovative projects through credit points, which can solve individual problems without sacrificing mass production efficiency. In order to obtain a new and intelligent logic of wealth growth, we humans can hope to get out of the smog of economic austerity in the past and bring about economic recovery.
What is this logic? It includes a credit mechanism to improve collaboration efficiency, token incentives to improve everyone's creativity and enthusiasm, and a community mechanism that can expand production organizations. I summarize it as digital plus technology plus token plus community. This new type of digital The wealth logic of the era, replacing the physical and chemical energy technologies, companies, stocks, or bank deposits and loans of the industrial age, will be much more advanced than the logic of wealth growth in the industrial age, and it will also develop for hundreds of years.
So now we have come to an era of blockchain, which is a new logic of wealth growth, which can be used by all industries.
Of course, there are still some good projects that will be developed first. For example, the scale of users is relatively large, the value of products and services is relatively high, and blockchain technology is used to solve technical problems such as traceability, and management is in place. Such projects will take the lead Embrace the blockchain and take the lead in realizing the chain reform. I believe the opportunities ahead are just that.
Star Media: Among these fields, which fields are you most optimistic about the implementation of blockchain applications in 2020?
Zhu Youping: Among these circles, the one I am most optimistic about at present is the government blockchain application. Of course, Internet transformation is also an area that I think will develop relatively rapidly at present.
However, from the perspective of strong energy and high value, there are two areas that are really valuable. One is the empowerment of the real economy with "everything available", because this is to solve the problem of our new wealth model in the digital age and to solve the problem of economic The problem with the century-old pattern of growth. The second is the complete upgrading and transformation of finance. We all know that the blockchain is a kind of code credit. The combination of this code credit and the credit of our traditional institutions will upgrade our financial system and make our future financial The system has higher credit, lower cost, faster speed, and easier risk control.
Therefore, I think that in the future, efforts should be made in traditional enterprises and finance. These two fields are the two most fundamental fields to solve the problem of human future economic growth.
But chain reform in these two fields is the most difficult now. Why is finance difficult? Because finance is living very comfortably now, you have to let him use the blockchain to upgrade and transform on a large scale, and they don't have this kind of enthusiasm yet. It is also very difficult to "use all industries" because the current policy supervision does not fully match the blockchain reform. In addition, it will take a long process for Wanye to embrace the blockchain. But I believe that these two are the most valuable directions for the blockchain in the future.
Star Media: What kind of development will DC/EP usher in in 2020, and how much blockchain technology will it use?
Zhu Youping: The central bank is now relatively low-key about DC/EP, and this low-key is right. Because the public is now in various expectations for DC/EP. Some say it is on the international competition track, and some say it is the upgrading and transformation of the financial system. There are too many contradictions to overcome. If there are too many contradictions, it may not be released. . So from the current point of view, let DC/EP be released first in 2020, and then talk about how to go about it slowly.
Then talk about the second question. At present, the digital legal currency does not say that it uses blockchain technology, or whether it uses blockchain technology. I think the significance is not too great.
I have been talking about the logic of blockchain or the logic of digital currency today. This is because after 11 years of development of blockchain and digital currency, what is really left behind is not its original technical solution, but the blockchain. And some governance logic of digital currency, this governance logic is very good.
For example, the digital currency wallet has a UTXO structure. It needs to add up the balance in the central database and then balance the accounts. This is the logic of the blockchain. Another example is the two-tier issuance of the central bank's digital currency and the dual-offline payment, which uses the blockchain thinking.
Therefore, I think it is not too important to use or not to use blockchain technology. What is important is safety, efficiency, and credibility. This is brought about by the idea of blockchain.
Then the application of digital currency in the future, from the perspective of the country, has huge forward-looking and prospects. This thing has already produced some positive effects. As for whether it needs a mining mechanism or chained data Ledger structure, this is not important, what is important is to do chain reform.
If digital legal currency improves the efficiency of our entire economic system in the future, we don’t care what encryption algorithm or blockchain we use. I think the best technology is suitable.
Star Media: Okay, thank you very much for your answer.
