Can industrial blockchain lead the way to giants in 2020?

 Can industrial blockchain lead the way to giants in 2020?

In the future, this model may be penetrated into more industries. Recently, ant blockchain announced that it will give the whole industry, especially for the real industry, the open platform technology capability, which is the open strategy of ant financial services to upgrade the blockchain technology after launching the open alliance chain.

According to Gao Ting, senior research director of Gartner, most enterprises only explore blockchain within the scope of small and narrow concept verification. However, leading enterprises have been considering how to combine this technology with complementary technologies such as artificial intelligence and Internet of things to create a new business model. Although the current technical level is not advanced, we can start the operation immediately. But for the whole industry, we should tap these potential and strive for resource support.

Scene landing

It can be said that 2019 is a milestone year for blockchain. Returning to rationality from excessive fanaticism and pessimism, blockchain has extended to finance, government affairs, intelligent manufacturing, supply chain management, warehousing and logistics and other fields. Mainstream manufacturers have entered into promoting technological breakthroughs and accelerated the implementation of commercial applications.

In many scenarios such as cross-border remittance, supply chain finance, electronic bills and judicial certificates, it began to integrate into peoples daily life; with JPMorgan coin, Facebook Libra and other corporate stable currencies and national sovereign digital currencies, it is trying to reconstruct the global financial infrastructure network.

At present, the Chinese government has officially positioned blockchain technology as a national strategy, opening up a huge imagination space for the development of blockchain industry. For a long time, paper bills have many disadvantages, such as a large number of invoices, high printing cost, low management efficiency, etc., which bring a lot of inconvenience to patients. After Zhejiang blockchain e-bill platform goes online, users can complete the procedures of booking registration, payment and ticket collection through only one mobile phone, without having to repeatedly queue up at the window to pay and print bills.

Through ant financial blockchain technology, electronic seals can be stamped in the whole process from generation, transmission, storage to use of electronic bills. The whole process can be traced and cannot be tampered with, so as to ensure that the authenticity of bills can be quickly confirmed in each flow link, so as to realize cross regional and cross departmental settlement and reimbursement.

Before going to the medical insurance department for reimbursement, the whole process would take about 12 working days, and the reimbursement time for commercial insurance would be longer, which would take 7-60 working days. Now you dont have to take the ticket and stamp it. Just click on your mobile phone, and the reimbursement will arrive at your account quickly. Ye Shibao told the 21st century economic reporter.

In the top ten technology trends released by Alibaba Da Mo yuan a few days ago, it is predicted that in 2020, the threshold for enterprises to apply blockchain technology will be further reduced, and hardware chips specially designed for the end, cloud and various solidified core algorithms of blockchain will emerge, and tens of millions of daily blockchain applications will enter the public.

After continuous breakthroughs, the blockchain is gradually becoming mature at the technical level. The early issues of trust and privacy protection have been solved through the precipitation and upgrading of core technologies. In the new year, how to speed up the implementation of the commercial scene and how to tap the commercial value in the ecosystem of blockchain has attracted much attention.

Gartner, an IT research and consulting firm, has previously published research that the blockchain will be in an innovative stage in 2020, which is dedicated to solving specific operational problems, the most common of which is the low efficiency of inter agency processes or bookkeeping. The solution generally consists of three of five components: distributed, encrypted and tamper proof.

Therefore, the core technical value of blockchain is to build trust, which is the premise to improve the efficiency of collaboration and greatly reduce the cost of collaboration. It is also the foundation to solve the bottom layer of large-scale complex collaboration. Its transparent and traceable characteristics will greatly reduce the cost of social trust and improve the efficiency of social operation.

The features of distributed ledgers, tamperability and decentralization in the final analysis are to increase the reliability and authenticity of data, and to bring more effective business mechanisms based on the establishment of trust mechanism. In the past year, mainstream manufacturers have entered the industry to explore the application and landing of blockchain, extending to finance, government affairs, manufacturing, supply chain management, warehousing and logistics and other fields. With the arrival of the 5g era in 2020, the supporting chip, cross chain technology, alliance chain and other infrastructure in the blockchain field will be further developed, and the industrial blockchain will start to drive the digital development of the real economy.

In Jiang Guofeis view, blockchain is the most valuable field in the era of industrial Internet. With the development of digital economy, digital assets begin to flow on the Internet, and industrial collaboration creates many opportunities for blockchain. The essence of blockchain is to build a trust mechanism, so the future application will also be pan industry. Where data and value need to be transferred, where efficiency is relatively low and process is particularly long, the development speed is particularly fast.

In terms of social management, including after the outbreak and donation management from all walks of life, Zhang nandiyang, Dean of Qingdao Branch of the national development and Strategy Research Institute of Renmin University of China, wrote that there are two ways to deploy the blockchain material chain architecture: one is to build a special chain, put all institutions involved in material donation and distribution on the same chain, and deploy multiple sections within each institution Point, forming an alliance chain. Another way is to build chains of logistics, government departments, charities and distribution channels respectively based on the organization category to form a cross chain network, which may be more convenient for organization and collaboration within the chain. After the crisis, their chains can also be used for other daily sharing scenarios.

He hopes that in the future, not only can various institutions cooperate on the platform, but also smart contracts do play a very good role. At the same time, more efforts are needed to build more important applications, and the most critical is the connection between collaboration and ecological forces.

Source: editor in charge of 21st century economic report: Zhang Meiyu nf2100