Towards The Eve Of The Application Outbreak: What Is The Difference Between Block Chain Technology And Landing?

Block chain, as one of the underlying technologies, is attracting more and more applications with the support of policy direction.

At the recently held 2019 future business ecosystem link conference, Zhu Youping, deputy secretary of the CPC Central Committee of the national management information center, pointed out that the technology has basically been commercially available after 11 years of trial and error. The industry is now on the eve of the outbreak of the application.

Wu Xiaochuan, a senior expert in chain development of Zhong An science and technology block, told the twenty-first Century economic reporter that the biggest difficulty of the current block chain landing industry is how to map the physical world and the block chain world. Internet of things technology is an important part. With the support of 5G, cloud computing and other technologies, the future application of block chain technology will bring more support and support.

According to Tractica, the global enterprise block chain market will reach US $20 billion 300 million by 2025.

Technology and standards advance key nodes

Compared with other underlying technologies, block chains have undergone a relatively tortuous course of development. There is still a way to go in the integration of multiple technologies and the setting of their own standards.

Zhang Xiaojun, the head of the HUAWEI block chain, pointed out that the block chain technology today is more like the Internet in the 2002-2003 year development stage. If block chain related standards can be mature in 2020, including cross link standards, storage standards, and standard data format storage can be achieved. In 2021, business will be accelerated.

"The biggest advantage of block chain is safety. Even financial transactions with high security requirements can be completed here, but the biggest problem is low efficiency." Zhu Youping pointed out to the twenty-first Century economic news reporter that these weak points will be quickly complemented under the technical support of 5G and even future quantum computing.

He stressed that there is no need to panic about the future development of the block chain because of the rise of quantum computing. In fact, with the help of quantum computing, block chains will usher in greater opportunities for development.

After the application of quantum computing technology is mature, data packaging, transmission and confirmation will be faster. This will complement the current short board of the block chain, and will not worry about the future of sacrificing "centralization" and giving consideration to efficiency. Zhu Youping said so.

Wu Xiaochuan further analyzed the twenty-first Century economic report reporter that the problem of insufficient computing power will only affect the public chain. Under the alliance chain, efficiency is no longer a bottleneck. "In many alliance chains, we can achieve efficient consensus, and more difficult lies in the solution of problems such as scenario selection and privacy."

He believes that the alliance chain and the public chain will be crossed and fused in the future, and a new technology will emerge. "These two chains will not be fragmented. It is possible that other technologies will join in to form the next generation of credible value networks."

At present, the development of cloud computing seems to be contrary to the logic of block chain development, but the next two will complement each other better.

In response, Wu Xiaochuan explained to the twenty-first Century economic report reporter that cloud computing is more focused on distributed under centralization, and block chain is decentralized to centralization, with two advantages conflict. "But the block chain can solve the problem of auxiliary cryptography. When computing power is insufficient, we need the help of cloud computing, then we return the result to the block chain network, and then verify that it is calculated according to the original rules. This development path seems to me that the two will be more helpful and complementary."

Zhu Youping also pointed out to reporters that in fact, the block chain can be understood as the logic of edge computing. Based on the efficient computing center of cloud computing, the block chain realizes the security distribution mechanism, combines security and high computing power, and solves many problems externally.

"Now 5G, quantum computing, cloud computing technology are becoming mature, multi technology integration will be the direction of the future, of course, we need software to slowly optimize." He said so.

In view of this, the future of block chain is also expected to become an indispensable basic technology. To this end, Su Xiaokang, director of application research and development of micro public bank, pointed out to reporters that "as a chain worker, I certainly hope that it will integrate into every aspect of our life like the Internet." And from the actual situation, the popularization of block chain has a long way to go.

Of course, this is also the inevitable development of technology. Any new technology will take a long time to verify. "Block chain has the potential to integrate with other industries and technologies, and I hope that in the next 10-20 years, the block chain can become a social infrastructure."

Mining Internet of things and other application opportunities

However, under the long technology development cycle, landing applications based on block chains have gradually taken root. Finance and insurance are among the first to embrace this technology. Large factories with internet genes have followed up in recent years, including some game companies trying to enter.

However, it still takes time for the block chain to bring about a sudden impact on the specific industry. The latest technology chain technology maturity curve of block chain released by Research Institute Gartner in 2019 shows that the block chain has entered the bubble collapse period. With the progress of science and technology and the continued popularization of practical application of block chain, the market will be separated from this stage in 2021.

Among them, technologies in the embryonic stage include oil and natural gas, retail, advertising, media entertainment and other specific industry chain applications. The technology that expects expansion will include logistics and transportation, communication services, and intelligent contract applications, including technologies such as block chain, encrypted currency mining and distributed account books, which are at the low point of bubble collapse, and will move towards a steady climb and recovery phase in the short run.

In the industry's view, the Internet of things is generally a promising market. Essentially, the two have similar operational logic.

In view of the fact that the Internet of things is also composed of sensor links which are distributed in various scenarios or links, and the mechanism of mutual trust and privacy among scenes is also needed, it is obvious that the technology of block chain will also be used as the underlying communication protocol support in the future.

"Individuals think block chaining can drive new business models in data exchange and Internet of things industry." Su Xiaokang pointed out to the media that the future is the era of "5G+ Internet of things", which extends many scenes and patterns. The technical characteristics of the block chain are the connectors that play the role of multi-party cooperation. "Block chain + Internet of things" may be a direction for the future. For example, in smart city, smart community, smart home, there will be a combination of scenarios, "this is what I think is more explosive areas."

In addition, data privacy protection and exchange. He continues to say that with the increasing number of data generated by all walks of life, people's demand for data privacy protection is getting stronger and stronger. The government's supervision on related aspects will be more and more stringent. From enterprises to individuals, the data access mechanism will be attached great importance to, and there will be many possibilities for development of block chains in this respect.

Wu Xiaochuan pointed out that the mapping of the physical world and the block chain world is a major difficulty now. "After the mapping problem is solved, we will have to see whether there are any explosive products, and if there are other words, they can be overwhelming." But what follows is how to solve the privacy problem in the interconnected world, which requires the assistance of multiple technologies such as 5G network and algorithm, which may form the next generation of trusted privacy protection protocols.