The Top Ten Trends Of The 2019 Industrial Blockchain

After the heat of the blockchain has subsided, people will have the opportunity to re-examine the value of the blockchain, which will be the “background” of the blockchain industry entering 2019. It’s hard not to say that it’s a good thing – when hot money and turmoil are dissipated, looking back at the 2018 industrial blockchain, it’s more optimistic than people expected, and practitioners can still see the dawn, though they’re on the ice, “Slightly Seeing the improvement may be used to describe the best footnotes of the past year.

In the past year, more and more blockchain products have turned from virtual to real. After the industry reshuffled, BAT began to try to take over the position of the leader… In addition to the seemingly hilarious digital currency game, Application, business model until integration with other cutting-edge technologies, the exploration speed of the industrial blockchain is still beyond the expectations of many people.

When the wave of public opinion began to subside and took away the “gambler”, the true “believers” of the blockchain began to become the protagonists. In the context of rationality, what is the blockchain technology in 2019? For the industry as a whole, there are at least five major trends in the industrial blockchain in 2019 that deserve attention.

1. Still talking about bitcoin? Let’s take a look at the landing application

People’s imagination of the blockchain has been limited by digital currency for too long, and Bitcoin has become the enlightener of most people in blockchain technology. However, with the elimination of nihilistic figures, more blockchain applications began to land in 2018, opening up a broader application space and are trying to make the world more efficient and fairer.

For a long time, the copyright protection of original pictures on the Internet platform has always been a big problem in the field of intellectual property. Baidu “Totem” has tried to alleviate this dilemma by means of the industrial blockchain. Through the credibility and tamper-evident modification of related technologies, the dissemination of works has become traceable, monitorable, and ultimately the traditional protection mode of image copyright in the new order of construction.

In fact, “totem” is not an isolated case. In August last year, Tencent had opened the country’s first electronic invoice for blockchain, solving the problems of one-vote over-reporting, false reporting, and true and false. The third institute of the Ministry of Public Security and Loudi City of Hunan Province also The “trusted identity chain” and “real estate blockchain electronic voucher” were launched. The launch of a large wave of landing applications is addressing the “trust” issue that has become more prominent in online society and offline society. The advantages of blockchain technology in terms of cost, efficiency, value creation, etc., have enabled its stage to break through the so-called “narrow” of digital money and begin to have a wider application value.

2. BAT continues to increase, big players are expected to regulate the industry

According to the well-known Gartner curve proposed by consulting firm Gartner, any new technology will tend to head up to true maturity after rapid speculation and bursting through the bubble. It is worth noting that the biggest opportunities are often hidden in the “second rise”.

At the moment, the blockchain is beginning to experience such a cycle, and the figure of BAT is beginning to become active. As the leader in the Internet industry, they are all aiming at the industrial blockchain and keeping distances with digital currencies, which is expected to regulate the industry.

To some extent, the competition in blockchain is a continuation of ecological competition. For example, Baidu builds an open blockchain ecosystem based on 100% self-developed intellectual property super-chain system, and deeply integrates AI technology, cloud computing, and big data on the blockchain platform, in addition to the totem mentioned above. Blockchain products including hairy crab traceability, encyclopedia winding, degree universe, Baidu will be widely watched as soon as it was launched. Baidu also cooperated with Renmin University of China and cover media to establish a blockchain media laboratory. Through the Baidu super-chain technology, the research has created an infringement detection system covering the scale of the 100 billion-level Internet database, and solved the lack of traffic of the author content through Baidu search, information flow and other products. Alibaba’s blockchain layout involves diverse projects such as public welfare projects, medical data sharing, food traceability, and cross-border personal transfers. Ma Yun said at the 2nd World Intelligence Conference that “blockchain should not be used for overnight riches. However, Tencent has to deal with a lot of key scenarios such as financial and electronic invoices; when the three giants of BAT collectively bet, it means that the industrial blockchain market has ushered in a big player to stir up the situation.

3. Stepping on the right track, standardizing speed

After bidding farewell and turbulent, establishing a unified industry standard is becoming a “just-needed” technology to continue to move forward. Especially with the deeper integration of the blockchain and the physical industry, it is an urgent problem to standardize and finally make the industry achieve healthy and sustainable development.

With the in-depth development of blockchain technology, the blockchain standards will continue to be gradually improved. The think tanks of the Ministry of Industry and Information Technology, including the Institute of Information Technology and the China Electronics Technology Standardization Institute, are actively organizing the construction of blockchain industry standards. In addition, private institutions are driven by business needs, and they have begun to actively participate in the construction of blockchain standards. Some enterprises have learned from the experience of Internet governance such as IETF/ICANN and the blockchain autonomous organizations initiated by the bottom up. Form a cooperation framework and standards. From the law to the self-discipline, the interaction of external norms and internal norms puts the development of the blockchain on the right track.

In addition, the close cooperation between enterprises and government departments and academic institutions is also worth noting. The cooperation and interoperability of different departments of production, learning and research have made the development of blockchain technology more stable.

Baidu and Hainan Provincial Department of Industry and Information Technology built Hainan Baidu Blockchain Laboratory and initiated the establishment of the Hainan Free Trade Zone (Hong Kong) Blockchain Test Zone Standards Committee. Hainan Free Trade Zone (Hong Kong) blockchain test area will conduct in-depth research on the iterative development of blockchain technology, explore the development and application of blockchain technology in the fields of intellectual property, e-commerce, education, transportation, etc. Blockchain industry ecology. Hainan Free Trade Zone (Hong Kong) Blockchain Test Zone Standards Committee will formulate technical standards and industry norms, and rely on Baidu “superchain” to promote public blockchain services in Hainan Province.

Baidu also cooperated with the Beijing Internet Court to build a balance chain. The “balance chain” serves as a credible evidence for storing, invoking, inspecting and archiving electronic data centers, and providing data hardening and depositing functions for the parties. Baidu’s super-chain helps the “balance chain” to solve the problems of low security, weak performance and low capacity of the electronic evidence platform supported by the common blockchain technology, making it possible for the blockchain to be widely used in the judicial field. Through the high-quality government blockchain project such as landing, Baidu has caused the relevant departments of the government to understand and pay attention to the blockchain, and build a good external environment for the normal development of the blockchain.

4. From new species to ecology, business models explore progress

The blockchain technology has been constantly changing, and the exploration of the business model has never stopped. The business model with a higher degree of fit to the blockchain itself is constantly being improved. If the development of blockchains in the past is only the birth of new species, then many new species in this industry are beginning to reorganize a new and vibrant ecosystem.

From a global perspective, building an ecosystem with an open source model is gaining popularity. The rapid flow of resources has made the value of the industry chain more abundant, and the value of the boom has made the blockchain more diverse in more industries and fields. Business model innovation space. For example, smart contracts have created a new business model that is completely different from the past, completely changing the centralized credit-based mode of public power in the past, reducing the probability of untrustworthy problems through distributed technology, and finally realizing “code is law”. The hidden commercial value and social value can be imagined.

In addition, blockchain-based business models, including blockchain collaboration, content assetization, middleman reshaping, supply chain support, and traceability, are coming, and there will be more imaginative and futuristic ideas in the coming year. The business model came to our eyes.

5. Blockchain empowers the Internet and AI

Blockchain is not a successor to the Internet, but to make the Internet better, more efficient and fairer. The blockchain can be used as an important infrastructure for the value of the Internet, which is driving a new round of evolution of the Internet, and is playing a greater role in promoting mutual promotion of AI and big data.

In fact, cutting-edge technologies in other areas such as artificial intelligence, big data, the Internet of Things, and biometrics are actively seeking deep integration with blockchain technology and are beginning to bear fruit. For example, in the scene of image copyright protection, the blockchain technology generates an original declaration with a time stamp, and automatically transfers the authorization information when reprinting, and artificial intelligence can realize instant copyright detection. The combination of the two technologies enables the copyright protection of pictures to achieve 360-degree full-link service without dead ends. Baidu Totem uses a self-developed blockchain copyright registration network, with trusted timestamps and chain-poke two-factor authentication. Each original image generates copyright DNA, which combines artificial intelligence to truly realize traceable, reproducible and monitorable original works. In the context of product traceability, biometric technology is used for information collection and product screening. The blockchain only needs to transform it. For trusted content, product traceability can be done on the chain. For example, Baidu launched a small program for tracer chain of hairy crabs. Through cooperation with manufacturers, information such as crabs, crabs, crabs, crabs, crabs, crabs and crabs are collected and stored in the blockchain. Consumers can use AI crab face. The identification technology compares the information on the chain to ensure that the source of the crab is authentic and traceable.

When the Internet and artificial intelligence empower the world, the blockchain is also empowering the Internet and artificial intelligence. In the right mode of collaboration, the convergence and collision between technologies will bring greater value.

The blockchain that entered 2019 is worth looking forward to. From a longer historical perspective, it may become the first year in which the industrial blockchain is truly on track. From the popularity of landing applications, large player entry, standardization speedup, business model exploration and deep integration with other technologies, the market prospects for blockchain are becoming clear.

From quantity to quality, this will be the biggest change in the blockchain industry as a whole in 2019.

Comments 4

    1. Post
  1. Great article, I absolutely love this particular statement “Blockchain is not a successor to the Internet, but to make the Internet better, more efficient and fairer”… Well said, I have been pondering if d reverse was the case, but you just assured me otherwise.

    1. Post

Leave a Reply

Your email address will not be published. Required fields are marked *