Two departments： In 2025, the blockchain industry in China will reach the world advanced level.
Reporter | Si Linwei
On June 7, the Ministry of Industry and Information Technology and the Office of the Central Cyber Security and Information Technology Committee jointly issued the Guiding Opinions on Accelerating the Application of Blockchain Technology and Industrial Development (hereinafter referred to as the Guiding Opinions). It is clear that by 2025, the comprehensive strength of China’s blockchain industry will reach the world advanced level, and the industry will take shape.
For the blockchain industry, the Guiding Opinions will determine the major direction of industry development in the next five years.
The "Guiding Opinions" clearly defines that "blockchain is an important part of the new generation of information technology, and it is a new database software integrating distributed network, encryption technology, smart contract and other technologies. In recent years, blockchain technology and industry have developed rapidly around the world, and its applications have been extended to digital finance, Internet of Things, intelligent manufacturing, supply chain management, digital asset trading and other fields, showing broad application prospects. "
Da Hongfei, CEO of Distributed Technology, told Interface News: "Blockchain is not just a technology, and’ blockchain+’is not just a’ technology+’,but also an all-round change in business model, organizational form and even way of thinking."
Luo Shaowen, general manager of the strategy department of the intelligent technology business group of Ant Group, told the interface news: "The unique feature of blockchain technology is the technology to change the production relationship, while the main technologies in the past, such as mobile Internet, big data and AI, were mainly to improve productivity.
"Blockchain is a kind of trust technology. Its whole process can be traced and cannot be tampered with, which ensures the authenticity and credibility of information such as operation, circulation and transaction on the chain, breaks the original trust mechanism based on acquaintances or collateral, and forms a trust mechanism based on technology and real data, which expands the scope and boundary of the transaction and changes the mechanism and way of the original transaction."
As an emerging technology, after the blockchain was officially born in 2008, China has also begun to vigorously lay out in recent years.
On March 13th, 2021, the Fourteenth Five-Year Plan for National Economic and Social Development of People’s Republic of China (PRC) and the Outline of Vision 2035 regarded blockchain as one of the emerging digital industries, and put forward the requirements of "developing blockchain service platform and application schemes in financial technology, supply chain finance, government service and other fields with the focus on alliance chain".
At present, China’s blockchain has a good development foundation, but it also faces some difficulties to overcome.
The Guiding Opinions pointed out that China has a strong domestic demand market and rich application scenarios, and has a good foundation in the blockchain field, especially the alliance chain technology has developed rapidly.
In specific areas, a number of representative blockchain applications have emerged in security traceability, supply chain management, judicial deposit, government data sharing, and people’s livelihood services. The supporting role of blockchain in China’s economic and social development has initially appeared.
The "Guiding Opinions" also pointed out that China’s blockchain is also facing problems such as the core technology needs to be broken, the integration application is not yet mature, the industrial ecology needs to be improved, and the talent reserve is obviously short. It is necessary to work together to solve the key problems that restrict industrial development and strive to promote China’s new industrial advantages in the blockchain field.
An important breakthrough direction given by the Guiding Opinions is to empower the real economy and improve the level of social services.
"Taking supply chain finance as an example, the traditional model of supply chain finance will involve multiple entities, including core enterprises, upstream and downstream suppliers and sellers, as well as financial institutions and factoring companies. Among them, the more institutions, the higher the cost of information collaboration, and the more difficult it is to transfer credit. With the application of blockchain technology, these problems will be gradually solved. " Da Hongfei, CEO of distribution technology, said.
Providing public services and improving social welfare will also become one of the core purposes of blockchain technology development.
In this regard, ant chain said: public services will be further transformed from "online" to "chain-up" to promote the chain of public services in various scenarios. It can promote inter-departmental collaboration within government agencies, improve collaboration efficiency and promote data value flow among departments. In terms of external services, it can improve the transparency of government services and improve the efficiency and quality of government services.
The Guiding Opinions also mentioned that blockchain technology needs to be integrated with other new generation information technologies to achieve complementary advantages and functions. At present, the integration development of blockchain and industrial Internet, big data, cloud computing and artificial intelligence is still in the early stage, and the application effect of integration needs to be further activated.
Before the breakthrough technology that changes the development direction of the world is mature, technology integration has become the general trend of all industries.
Xia Yiyun, CMO of Weilian Technology, said: "The Internet era has solved the problem of’ freedom of information’, and the blockchain era will solve the problem of’ freedom of trust’."
"On the one hand, the blockchain integrates the Internet of Things technology, which can greatly improve the accuracy of the data collection process; On the other hand, blockchain can solve data privacy problems, make artificial intelligence more trustworthy, and help to create a more open and fair artificial intelligence market. " Xia Yiyun added.
Technology convergence is not only about the ceiling of industrial development, but also can enhance the core competitiveness of blockchain enterprises.
As a blockchain enterprise, having the strength to develop good products that meet the actual business needs will greatly improve the core competitiveness of the enterprise.
At present, many blockchain enterprises focus on technical iteration, but ignore the importance of going deep into the market and understanding market demand. This will lead to the mismatch between the development pace of enterprise technology products and the actual business application scenarios.
The development of blockchain companies has gone through the stage of technical support from scratch. At present, it is more important to invest resources in the stage of commercial logic support from scratch.
For the current development of blockchain industry, a system standard recognized by an industry will become a primary landing point.
Generally speaking, blockchain standards are divided into international standards, national standards, industry standards, local standards and group standards. Judging from the standard coverage content, China’s basic standards in the blockchain field have a foundation, but the subdivision directions such as application, interface specification, evaluation, blockchain landing application and standardization talent are still not perfect.
In this regard, Da Hongfei, CEO of Distributed Technology, said that the international standards for blockchain are generally promoted by three international standards organizations: ISO, ITU-T and IEEE. The authoritative standards in China include the Blockchain Reference Architecture led by the Institute of Electronic Technology Standards of the Ministry of Industry and Information Technology and the White Paper on Supply Chain Collaborative Application of Trusted Blockchain of China ICT Institute.
Luo Shaowen, general manager of the Strategy Department of Intelligent Technology Business Group of Ant Group, suggested: "Actively participate in international standards and domestic standardization work, on the one hand, keep the domestic and international standards synchronized, and on the other hand, actively grasp the right to formulate words and hold standardization meetings on a regular basis. At the same time, standardization organizations need to be more open and attract more manufacturers in the blockchain industry chain. "
Many industry experts and blockchain practitioners have said that as a new generation of digital technology, the industrial value of blockchain will be clearer, and the future integration with the real economy and scenes will further break through in depth and breadth, which will force the technology and business model of blockchain to continuously upgrade and iterate, and promote the new round of digitalization in China.
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