What is the development trend of blockchain?

The sudden epidemic has pressed the "pause button" for many industries, but technology is the most effective means of disaster relief. Blockchain technology has realized the combination with financial, logistics, supply chain, government affairs, public welfare, urban management and other application fields. At the same time, due to the imperfect development of technology, the role of blockchain in the prevention and control of this epidemic is very limited, and it is necessary to explore deeper scene applications.

From the survey data, the main application directions of industrial blockchain in the post-epidemic period include: traceability, financial (including insurance) supervision, and collaborative enjoyment. Certificate of deposit, digitization, credit investigation, digital asset transaction, etc.

In the main application direction of industrial blockchain in the post-epidemic period, more than 70% enterprises choose traceability and financial (including insurance) supervision. In addition, they cooperate with * * * to enjoy and save certificates. Digitalization also has more than 60% enterprise choices. Comparatively speaking, the selection rate of credit investigation and digital asset transaction is low, and the selection rate of digital asset transaction is less than 50%, only 48%.

Avoiding risks and promoting the healthy development of blockchain industry

As a new technical development direction and industrial development field, blockchain has received extensive attention. The application of industrial blockchain is accelerating, mainly in two aspects:

First, in the past, technology was represented by open source systems, and most of them were open source projects for consumers. Now, many projects for industries and enterprises have been added. At the same time, more and more enterprises, such as internet giants and high-tech enterprises, have begun to enter this field, indicating that the era of industrial blockchain has arrived.

Second, the emergence of blockchain has lowered the threshold of trust and the cost of realizing, making some previously unattainable financial and trade scenarios possible, thus deriving some new financial forms and providing more space for financial innovation.

Although the application of industrial blockchain is accelerating, it is still in the initial development stage from the current situation. This is mainly manifested in the fact that blockchain technology alone can not completely solve the trust problem and information island problem between entities, and the emergence of blockchain technology has also raised new problems for the current law and supervision.

Blockchain has become a comprehensive discipline driven by technology and deeply affecting economy, finance, society, organizational form and governance because of its decentralized and difficult to tamper with. In addition, blockchain technology is not fully mature in terms of system stability, application security and business model. This requires privacy protection and storage capacity of upstream data.

It is worth noting that the current blockchain industry has involved many technical fields, such as information technology, communication, security, passwords and so on. What is needed is compound talents, which poses a new challenge to personnel training and school education.

The short-term impact of blockchain should be treated calmly to avoid overestimation. At the same time, it is necessary to further strengthen regulations and supervision, avoid the possible risks brought by blockchain technology, and promote the healthy development of industrial blockchain.

—— For more data sources and analysis, please refer to the analysis report of China Blockchain Industry Market Foresight and Investment Strategic Planning by Forward-looking Industry Research Institute.