Blockchain and distributed network-the ultimate way to defend individual value

On August 4, it was hosted by the Distributed Storage Branch of the China Private Technology Promotion Association, co-organized by Xi’an Smart and Shenzhen Chain Finance, and received the guidance and support of the “New Infrastructure, New Opportunities, Blockchain Distributed "Storage Industry Conference" was grandly held in Xi'an.

IPFS.FUND Zhou Huan was invited to give a speech.

Blockchain and distributed network-the ultimate way to defend individual value

The following is the main content of Zhou Huan's speech:

When we are talking about blockchain, what are we talking about?

Get rich overnight? Pay back in 7 days? Neither, but at its root, we have to look at the application scenarios of blockchain in the real world.

Tools-the application of blockchain in points

Replace the original point form with the form of blockchain token.

The open, transparent, non-tamperable, and traceable characteristics of the blockchain can make the issuance and consumption of points more transparent, improve liquidity, and even realize cross-merchant, cross-platform exchange, so as to achieve the universal points that many traditional point operators hope , Points Alliance.

When the points are blockchained into point coins, they have the nature of currency. The generation, use, and invalidation of points can be combined with some of the token economy gameplay methods, such as lock-up mining, transaction mining, repurchase and destruction, and zone Block chain games, etc.

Technology-Blockchain-level service platform

Well-known domestic Internet companies, such as Alibaba and JD.com, have built blockchain-level service platforms. Blockchain has many application scenarios in this regard. Such as bills, settlements and so on.

In the blockchain bill system, bill is a kind of valuable certificate, which always needs to hide the role of "third party" in transmission to ensure the safety and reliability of both parties to the transaction. For example, in electronic bill transactions, both parties to the transaction have actually passed the information interaction and authentication of the PBOC's ECDS system; in paper bill transactions, the third party trusted by both parties is the authenticity of the bill. However, with the help of blockchain, neither a third party is required to supervise and verify the information transmitted by the two parties in the transaction, nor a specific physical object as a proof of trust between the two parties, which realizes the "invisible" transfer of value between peers. .

In the blockchain world, Bitcoin is a peer-to-peer transaction, and there is no clearing and settlement link-payment is settlement. Utilizing the characteristics of blockchain that every transaction is recorded and cannot be tampered with, traditional banks can reduce the frequency of settlement. Domestic or international clearing companies have been trying to use blockchain technology to build their systems very early. For example, the Australian stock exchange has been trying to build its stock exchange on blockchain technology, trying to The settlement link is completed with blockchain technology.

Method-Blockchain + Supply Chain Finance

Moody's, a world-renowned bond rating agency, has given 127 blockchain cases, from points to transaction clearing, from document storage to supply chain management, from cross-border payments to supply chain finance, and various applications emerge in an endless stream.

Among so many applications, it is the field of supply chain finance that has attracted much attention, and the progress of commercialization has been rapid. This is because the scenario of supply chain finance has a trillion-level market scale.

How do blockchain companies cut into supply chain finance?

One is to directly cooperate with core companies/platforms to provide them with underlying blockchain solutions. After accumulating enough data, they build alliance chains to connect funders to provide financial services, which is the well-known alliance chain model.

The second is to start with the provision of supply chain management services, such as traceability, tracking, visualization, etc., to integrate information flow, logistics and capital flow, and engage in financial services on this basis, that is, the private chain model.

Blockchain and distributed network-the ultimate way to defend individual value

After talking about the blockchain, let's talk about why IPFS can get such a large amount of attention in the blockchain field.

IPFS brings the spirit of blockchain into full play from the moral level. There is a saying in the Tao Te Ching that "the opposite is the movement of the Tao, and the weak are the use of the Tao". IPFS perfectly interprets the idea of ​​"Movement of the Opposite Way".

IPFS is based on big data. If IPFS is to realize its potential, it must be based on data. It is constantly grabbing data, and the data itself is very weak. For example, each user in companies such as Goole, Facebook, Amazon, etc. The data seems to be overweight, but when the scale is relatively large, the user data is very weak, which is "the use of the weak."

IPFS is applicable to any industry. Judging from the current industry feedback, we have a deep misunderstanding of IPFS. Early evangelists made everyone expect too much of the benefits of IPFS. At the same time, they blindly believe that they are not willing to understand its in-depth content and ignore it. In order to improve the complexity of its implementation.