Blockchain means not only Bitcoin, but also new services and business opportunities. At a forum held in Beijing on July 26, Zhang Shikui, President of Xingniu Travel, said that blockchain technology will make travel cheaper and simpler-providing travel services with discounts of 15%-20%, and greatly shortening waiting air tickets Time for confirmation, booking confirmation, and visa issuance. This is another attempt of "decentralized" blockchain technology to enter the market.
Two months ago, the Ministry of Industry and Information Technology issued a "White Paper" on blockchain technology, stating that the blockchain will be widely implemented in the real economy in the next 3 years; the blockchain will accelerate the process of "trusted digitization" and drive financial "out of virtuality" Xiangshi" serves the real economy.
Xu Yuchun, the person in charge of Jiangsu Hengwei Information Technology Company, who develops blockchain technology, told the reporter of Science and Technology Daily that blockchain can be understood as "distributed electronic ledger technology open to the whole network", which realizes the establishment and value of a low-cost credit system Transmission can solve the pain points and difficulties in many fields such as finance, public welfare, supervision, and anti-counterfeiting.
Because the blockchain is open and transparent, it is tried to be used in scenarios that require trust. Kong Lingxin, CEO of Shell Financial Holdings Group, told the reporter of Science and Technology Daily that the blockchain will create many opportunities, "especially its non-tamperable characteristics, high demand for information authenticity, heavy reliance, and provision of information authenticity verification services, etc. Enterprises are particularly important".
Kong Lingxin said that business cooperation relies on repeated communication and negotiation between people, supplemented by contracts, agreements and other legally effective documents, and blockchain will change this model.
"As long as the cooperation standards are announced, any party that meets the cooperation standards and hopes to achieve cooperation can communicate and match independently, and then achieve cooperation efficiently and directly. In the blockchain, due to its encryption and immutability, cooperation Both parties have formed trustworthy data. It is no longer necessary to negotiate and investigate and review each other's reputation again and again. Any qualified company can immediately start communication and cooperation, which greatly improves social efficiency." Kong Lingxin said.
For example, Xingniu Travel said that a service system based on blockchain technology will link travel service providers and consumers to build a transparent, credible, cheap, and disintermediate travel ecological chain; a series of smart contracts complete internal Information interaction and instruction execution.
The most sensitive to blockchain technology are financial institutions: financial institutions want to reduce the cost of credit investigation. In the field of housing rental and sale, blockchain is also expected to greatly shorten the transaction cycle. The traceability of agricultural products, the flow of industrial data, and blockchain can all be used to ensure that information cannot be tampered with.
Kong Lingxin believes: "The current negotiating world will be transformed into a predictive world. In the former, there will be intrigue and personal preferences, but in the latter there will only be truthfulness and transparency, words and actions, and intelligent procedures."
The blockchain white paper of the Ministry of Industry and Information Technology shows that as of the end of March 2018, China has 456 companies mainly engaged in blockchain business. At present, China's blockchain industry is in a stage of rapid development. Entrepreneurs and capital continue to flow in, and the number of enterprises is increasing rapidly. Internet giants are also actively deploying in the blockchain field.
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