The relationship between blockchain and traditional enterprises

"Force Field"-the first public chain mining community

Blockchain brings a once-in-500-year opportunity, because it changes not productivity, but production relations.

1, another economic form will be born.

A person works for a company for 8 hours every day. Do you have to work in the company in the future? Is it possible to be self-centered rather than company-centered?

This is what blockchain technology brings us.

Most people think that blockchain is a new technology. Some people say it's a new generation of Internet, while others call it the digitization of money or assets. The author believes that the blockchain is facing the subversion of the whole social relationship and social organization form, which is the performance of the development of productive forces to a certain stage. Internet has brought about great development of productivity, and the previous production relations have not adapted to the development of productivity level, and even hindered the development of productivity.

The birth of new productivity exchange and new production relations is a universal economy brought by blockchain technology, and its influence is far-reaching than blockchain technology itself.

Previous capitalist reforms were all centered on capital, which would subvert the economy and even capital. The original modern company organization mode, which mainly focuses on raising funds, will be subverted by the future economic organization mode of universal certificate structure with contribution incentive as the core.

Capital economy will be subverted by transmission economy, and capitalism may be subverted by transmission.

2. Remodeling human organizational forms and commercial organizations.

The company system can be regarded as the greatest invention of capitalist society for hundreds of years. It can be said that without the company, there would be no history of Britain becoming an empire, and there would be no strong rise of the United States. But the company has developed for so many years, and there are still problems.

Labor creates value, but workers do not enjoy value, that is, those who create value do not enjoy value, and those who enjoy value do not create value. For example, in Taobao, the value is created by executives, employees, consumers, distributors and suppliers, and those who really enjoy the value are those who invest in the capital market.

This organizational form and economic form of human beings need to be reshaped. In the past, if you ran a company, as long as you got the capital, you could hire more people, buy more means of production and expand reproduction. In this fragmented era, entrepreneurs do not need to rely on a lot of capital to start a business, but also can start a business through crowdfunding. Even if you don't invest money, you can enjoy the value of this company as long as your people contribute.

The organizational form of resources has changed: funds are not the most important, but resources are the most important.

Blockchain fully embodies this organization. Wu Xiaobo mentioned a term called "enterprise investors": entrepreneurs and investors. It is hard to imagine that investors and entrepreneurs can be separated, and all the valuable things of the company are reflected in the balance sheet. Equipment, factory buildings and land are the most valuable assets. Now data and users are the most valuable assets in the future and are not reflected in the balance sheet.

3, everyone is a contributor, but also enjoy.

All along, employees are paid, executives are rewarded with options, distributors earn product price difference, and partners earn service fees. Now this logic has changed and the source of value has changed. In the past, the surplus value of labor force was deprived by capital. In the future, everyone should be a contributor and everyone should enjoy it.

A person has various resources: human resources, knowledge resources and governance resources. Everything is personal, not around products or companies.

Blockchain subverts the company's core value-maximizing the interests of shareholders and subverting the company itself. The transformation of traditional companies by blockchain is manifested in the fragmentation of production processes and data, which is just the opposite of many social organizations. In the past, in industrialized society, doing business could only be a big business, because the transaction cost was high.

Blockchain makes granular trading possible and has reached miniaturization and trustworthiness. Originally, the exchange of capital flows and the signing of contracts should have the process of capital payment. After digital capitalization, it can be automatically processed through intelligent contracts, and the company system faces various challenges.

In the future economic structure, things that were originally considered valuable may become worthless, such as investors and managers, company equity, assets, creditor's rights, capital and funds, which constitute the basis of the company's capital structure; The corporate governance structure that constitutes the company's organizational structure-shareholders' meeting, board of directors, management and employees; Accounting statements that form the basis of the company's financial system-cost, assets, liabilities, profits, income, depreciation, etc.

4. What changes is not productivity, but production relations.

The universal certificate system is a great invention. It is not a technology, nor a currency for financing, but a new organizational form and operation mode that integrates all resources and values. This is the next economic era. The "securities circle" will become a more sustainable circle after the "currency circle", "chain circle" and "mining circle", in which more traditional enterprises will pour in.

General certification reform: currency reform → chain reform → certificate reform.

1C0 is blood, chain is bone, and syndrome is soul. It can make a person and a community full of vitality. Everyone is a creator, a value contributor, and everyone is an owner and a enjoyer. This is the real meaning. However, the current currency reform and chain reform are so-called decentralized and cannot be tampered with, and still remain at the technical level.

Technology will develop rapidly in the future, which is not a problem to worry about. The biggest problem is whether the relations of production have been adjusted, just like as long as the company is established, financing and share reform are not problems.

The upper level of the pass is currency reform, financing, 1C0 and white paper, which has financing function and financial attributes; The lower layer is chain reform, blockchain technology, distributed billing, encryption authorization, * * * knowledge mechanism, intelligent contract and so on, all of which have technical attributes. They are interlocking to form a business logic, which is the core of the certificate. But now it's separated up and down. Chain people say chain, and coin people say coin.

Securities reform is the operating mechanism of a community, and it is the sum of the relations among investment, production, distribution, exchange and consumption, and it has social attributes. It is not determined by the value of the chain, nor by how high the currency is fried, but by the value of its own operation. The scope of the certificate is larger than that of digital currency and the blockchain itself, which is the adjustment of production relations when the productivity develops to a certain stage.

Therefore, in the future, society may enter a generalized society, a generalized economy, and even a generalized society.

What areas or companies need certification reform?

5. Create value through cards and issue currency through blockchain.

Only when the currency value is stable can the certificate appreciate. Therefore, the transformation of the universal certificate system is an accurate distribution and transaction model.

The five relationships of investor certificate, producer certificate, distributor certificate, trader certificate and consumer certificate need accurate big data analysis to achieve a balanced and stable growth mechanism. Therefore, securities reform is not so simple. Chain reform is the participation of technology, monetary reform is a white paper, and securities reform can create core value.

After centralization, the company is the core and decentralization is the core of the certificate. A completely decentralized company is worthless.

Is the value of a fully centralized pass zero? Does issuing currency mean the embodiment of true certificate?

Many enterprise forms will change in the future. Listed companies, private companies, credit companies, market value companies, and market value management P/E ratio are all issues that we need to consider in the process of the reform of the general certificate system.

It used to be once every 10, once every 30 years and once every 100. It's once in 500 years. The author believes that blockchain is a very big opportunity. Instead of participating in the currency circle and chain circle, it is better to create an enterprise with real blockchain value.