What are the trends of China's blockchain development in 2022?

Published on 1/16/2022   651 views   0 Comments  

Blockchain technology is the key direction of independent innovation and breakthrough of China's new generation information technology, which contains huge innovation space. In the past few years, thanks to the guidance and support of national policies, China's blockchain industry is booming. Blockchain technology has also been continuously deepened and applied in all walks of life, giving birth to a large number of new technologies, new products, new applications and new models. The industrial ecology is more prosperous and healthy, and the whole blockchain industry burst out great innovation vitality.

Today, the development of global blockchain has entered a fast lane, and China's blockchain industry has ushered in a golden development period. According to the current development of blockchain industry, we believe thatThe development of domestic blockchain in 2022 may show the following trends。


Cross chain technology will be continuously improved and improved


After more than ten years of development, the blockchain industry is in the stage of efforts from the 2.0 contract era to the 3.0 governance era. More and more blockchain applications appear in all walks of life, forming blockchain networks with different characteristics and suitable for different application scenarios.

However, due to the diversity of leading builders of the current blockchain, complex technology and high isomerization between chains, the data flow and value transfer between blockchains have become the technical bottleneck hindering the wide application of blockchain technology, which increasingly restricts the development of blockchain technology and its industry.

In order to realize the integration of blockchain projects in different industries, achieve the interconnection between blockchains, and then realize the circulation between business and value chains, blockchains have practical requirements for cross chain interaction.

Cross chain here refers to the direct interaction of value across the obstacles between chains legally and legally through specific technical means, so as to realize asset circulation and value transfer between different blockchains. in other words,Cross chain technology is the key to the realization of value Internet and a bridge for the outward expansion and connection of blockchain。

Cross chain technology will be a powerful booster to promote the large-scale and rapid application of blockchain industry, and it is also the core and key technology of blockchain 3.0 era. Cross chain technology can solve the problem of value loss and double payment in the process of synchronizing data between ledgers, and realize the flow of value between different blockchains on the premise of value conservation while realizing information transmission.

such asIntegrated digital art (IDA) is a typical case to solve the link problem of different blockchains at home and abroad。 Ida's digital ownership certificate is issued in the "Wenchang chain" of BSN open alliance chain, and adopts the real name system to ensure that each IDA digital ownership certificate and its circulation process can be clearly traced and accurately confirmed.

When IDA digital certificate of ownership is sold globally, it can be transferred "across the chain" through Wenchang chain, from China's compliant alliance chain to the overseas public chain through the policy of Hainan free trade zone. The license, contract, invoice, customs declaration and other document information data under the physical trade are packaged and updated in the digital certificate of ownership. When the sales is successful, IDA digital ownership certificate is the voucher for overseas users to pick up the goods. According to the current global mainstream trade, the circulation is upgraded from physical circulation to "credible digital trade".

However, at present, the maturity of cross chain technology in China is low. The existing cross chain technology is mainly committed to solving the problem of availability, and there is still a lack of research on cross chain ease of use, scalability and security. In our opinion, except that the cross chain demand is not particularly strong, cross chain technology also faces many technical difficulties, such asHow to verify the transaction status of another chain in a distributed way, and how to ensure that the total value of the two chains remains unchanged and runs independently and safelyWait.

Therefore, the current cross chain technology still has great room for improvement and improvement. With the continuous exploration of blockchain technology, a multi chain interconnected and symbiotic blockchain ecosystem will be formed in the future, and the diversity of blockchains will also lead to the continuous improvement of the requirements for cross chain technology change. Realizing cross chain interaction among various blockchains is the development trend of cross chain technology, and the era of ten thousand chain interconnection is expected to really come.


Distributed applications will become the mainstream trend


With the popularity of blockchain technology in the world, more and more distributed applications begin to rise and gradually become the mainstream trend. In the era of big data,Blockchain distributed storage mainly solves the problem of data storage. Distributed digital identity will be the inevitable development of identity technology, only when the distributed digital identity is established can blockchain large-scale applications come.

At present, the storage mode of Internet services is still centralized storage. With the increase of stored data, the storage pressure will rise. This traditional storage method not only increases the storage cost, but also threatens the security and reliability of data storage.

For example, although cloud storage gathers and coordinates various storage devices in the Internet, its essence still belongs to centralized services. It can be understood that cloud storage concentrates the resources in the Internet on the cloud computing server. Therefore, once the cloud computing server has a problem, all the stored data will be damaged or lost.

In contrast, blockchain distributed storage can more effectively solve the problem of pain points in storage. Blockchain distributed storage system connects a large number of ordinary servers through the network to provide storage services as a whole.Blockchain technology uses block chain data structure to verify and store data, uses distributed node consensus algorithm to generate and update data, and maintains a complete, effective and secure database. At the same time, blockchain distributed storage also uses cryptography to ensure the security of data transmission and access, the encryption process is completed by the data owner user himself. As long as the user keeps the encryption key, the data privacy cannot be stolen by a third party, which helps to build the machine trust of multiple participants and improve the value of data.

However, at this stage, blockchain distributed storage is still not applied on a large scale, mainly due to the complexity of the systemThe problem of "effective nodes" is difficult to be properly solved, at the same timeIt also needs the support of cross chain technology。 It is believed that with the continuous development and progress of technology, blockchain distributed storage is expected to become the mainstream storage scheme to ensure data security.

In addition, with the continuous penetration of digital technology in public life, to some extent, the user's identity and data have realized preliminary digitization and networking. However, at present, although users have the ownership of digital identity, the resulting data control right and interest dividend right are not in their own hands, and even they are often violated by data privacy. Predictably,In the future, identity authentication will face higher security requirements, more privacy data and higher technical level。

andAs a new solution in the field of digital identity, distributed digital identity is regarded by many people as the future Internet or Web3 Important practice of 0 development。 Distributed digital identity is a new digital identity solution that uses distributed infrastructure to transform the original centralized control mode into distributed control, so that users can obtain personal identity and data sovereignty. Blockchain is the foundation and "trust foundation" of open collaboration of digital identity. Based on this, distributed digital identity can change the current enterprise dominated data market and separate the use right and ownership of data, so that users can control and manage their own digital identity.

At present, the research and development of distributed digital identity are becoming more and more mature in the world, but in China, the development of Internet digital identity still stays in the stage of alliance identity. Therefore, the central bank's China Banknote blockchain Technology Research Institute and Feitian Chengxin Technology Co., Ltd. were establishedDistributed digital identity Industry Alliance (Dida)It aims to promote the construction of domestic distributed digital identity, accelerate ecological integration and help the construction of China's trusted network. As a member of Dida, Jupiter technology will also deeply explore a variety of technical evolution routes of distributed digital identity and promote the exchange and dissemination of distributed identity technology.


As the bottom technology of the meta universe, it has attracted more attention


As the "first year of the meta universe", 2021 has quietly passed. In this year, many enterprises, whether in the investment circle or the Internet industry, have actively engaged in the meta universe track. Meta (formerly Facebook), Microsoft, NVIDIA, Google and apple spent a lot of money on developing the underlying technology of the meta universe. At the same time, the leading Internet manufacturers in China are also trying to build platforms related to the meta universe, such as Tencent's "magic core", Baidu's "xirang", Netease's "Yaotai", etc., which is enough to see the importance of various giants to the meta universe.

Just recently, the Shanghai Municipal Commission of economy and information technology issuedγ€ŠThe 14th five year plan for the development of Shanghai's electronic information industry》。 It is mentioned that it is necessary to strengthen the forward-looking research and development of the basic ability of the underlying core technology of the meta universe, promote the development of new terminals for deepening perceptual interaction and the construction of systematic virtual content, and explore industrial applications. This is the first time that yuancosmos has been written into the domestic local 14th five year industrial plan, which also triggered the discussion that yuancosmos's industrial development is imminent. At the fifth session of the 13th CPPCC Beijing Municipal Committee, Yuan universe was also named by several members and even appeared in the proposal, indicating that Yuan universe has a positive signal at the government level.

Therefore, we believe thatIn 2022, other provinces and cities will probably catch up with Shanghai and successively promulgate relevant policies of yuanuniverse. As one of the essential underlying technologies in the formation of the meta universe, blockchain will be further valued by many parties, including national level, industrial level and enterprise level, in 2022。 After all, if there is no blockchain to "open up" the bridge between the virtual world and reality, the "metauniverse" may always be just a game form.

This is because, on the one hand,Blockchain is the key technology for the trusted underlying construction of the "meta universe", and it is also the basis of the meta universe economic system, which can better ensure the security of users' virtual assets and virtual identities。 It can provide the traceability and confidentiality of the underlying data for the "meta universe" users, solve the credit problem, and realize the self certification of each node of the network by using the decentralized mode. Distributed network can effectively constitute the core foundation and support of the operation of the whole economic system.

on the other hand,Blockchain can realize the value exchange of "meta universe" and make the digital goods in "meta universe" become real assets。 Relying on the openness and transparency of the blockchain network itself and the intelligent contract with excellent characteristics such as automation, programmability and verifiability, all data can be trusted and interactive on the chain without a third-party verification platform. And the fire in the blockchainNFT is expected to become a new value carrier in the "meta universe", provide proof and confirmation of rights for rare attributes and rare assets in the meta universe, so as to realize the value circulation of data content. By mapping digital assets, users' equipment, props, land property rights, etc. in the "meta universe" world will also have tradable entities.

For example, station B's attempt to enter the metauniverse with blockchain technology seems to us to be a good exploration route.The "high energy chain" tested by station B can be used to protect the copyright of original content in the near future. At the same time, this is also the groundwork for station B to build a value carrier in the meta universe, bring users a real sense of mastering assets, and then around these assets, a new independent economic system with virtual and real interaction will be derived to build a valuable and trusted virtual world. It is conceivable that next year, more and more enterprises may also try to build a platform for the prototype of the meta universe, and blockchain technology will be one of the technologies they will focus on.

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These three development trends mentioned above are only the promising directions at present. Of course, they are also part of many applications in the blockchain industry. As an emerging technology of computing paradigm and collaboration mode for building a collaborative society at a low trust cost, the role of blockchain in the stable growth stage of digital economy will become increasingly obvious, making a great contribution to promoting China's digital construction, promoting the development of China's digital economy and accelerating the process of building a Digital China.

Statement: this content does not constitute investment opinions or suggestions. It is only for popular science learning and exchange. Please treat it rationally, establish correct ideas and improve risk awareness. The picture comes from the Internet. If there is infringement, please contact to delete it.


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