In recent years, blockchain, big data, machine learning, and driverless technologies have developed rapidly. Blockchain, as one of the emerging technologies, has increasingly exhibited new features as the development process continues.

Since 2017, the topic of blockchain has been hotly debated. By 2018, the application of blockchain technology entered an outbreak phase. Blockchain technology is closely linked with multiple industries.

Previously, based on the characteristics of the rapid development of blockchain technology and the continuous expansion of the corresponding application areas, the Information Center of the Ministry of Industry and Information Technology of China released a blockchain white paper.

China Blockchain Industry Development Shows New Features

On May 20, the Information Center of the Ministry of Industry and Information Technology released the "2018 China Blockchain Industry White Paper" ("White Paper"). The White Paper further analyzes the development status of China's blockchain technology industry, summarizes the development characteristics of China's blockchain industry, and elaborates on the application of blockchain in the financial sector and the real economy, and conducts industry development trends. The outlook. According to the White Paper, at present, China's blockchain industry chain has taken shape.

By the end of March 2018, the number of blockchain companies with blockchains in China had exceeded 400, from upstream hardware manufacturing, infrastructure, security services, to downstream industrial technology application services, and protection industries. The development of industry investment and financing, media, and talent services, companies in various fields have been basically complete, coordinated and orderly, and jointly promote the industry continue to move forward.

With the continuous increase in the number of blockchain companies in China, blockchain technology continues to develop and improve and presents some new features.

First of all, enterprise application is the main application direction of blockchain, and private ownership chain is expected to become the mainstream direction. At present, the actual application of enterprises is mainly concentrated in the digital currency field and belongs to the virtual economy. In the coming period, companies will use blockchain technology to reduce costs, deepen collaboration among peers, and stimulate the vitality of real economic growth.

Second, the combination of blockchain and cloud computing will become more compact, and cloud service providers may directly provide blockchain services to users.

Cloud computing is one of the directions for the development of emerging technologies in the future. The combination of blockchain and cloud computing is also inevitable. Through the innovative integration of technology, the cost of enterprise application blockchain will be greatly reduced.

Finally, blockchain technology will accelerate in many areas. Blockchain can not only be applied in the field of digital currency, it can also be applied in information sharing, asset management and other fields.

There is a certain risk in the development of blockchain industry in China

Blockchain plays a positive role in the actual application process. At the same time, blockchains also face certain risks in the process of development.

For example, in the early stages of the development of blockchain technology, some institutions and individuals used blockchains to convey the attributes of value and carried out a series of activities to illegally raise funds, pyramid schemes, and even fraud through ICOs (first-time token issuing). People’s property security poses a threat.

For another example, blockchains have potential risks at the technical level. Blockchain technology is closely integrated with cryptography, distributed storage, and other technologies, and hidden security holes may be the targets of hacker attacks.

In the face of these potential threats, relevant departments have adopted a series of measures to ensure the safety of the blockchain industry and promote its healthy development.

The safety construction of China's blockchain industry requires multiple efforts

In order to effectively strengthen the security performance of the blockchain industry, multiple departments in China have taken actions to jointly establish a blockchain security alliance.

On June 21, at the blockchain security forum in China, more than 20 organizations including the China Technology Market Association, Tencent Security, and Huobu Network jointly initiated the China Blockchain Security Alliance. After the establishment of the alliance, it will focus on cracking down on all mischievous pyramid schemes such as disguised pyramid schemes and fraud in the name of blockchains, which undoubtedly promotes the sustainable development of the blockchain industry.

In fact, in today's ever-changing international situation, it is imperative to ensure the security, stability, and sustainable development of national core technologies and key industries. As an emerging technology with high-tech content, blockchain technology is crucial to the development of the entire blockchain industry and deserves more attention and protection.

In short, the safety construction of China's blockchain industry requires multiple joint efforts. Only by taking active actions can we enjoy the benefits of the development of the blockchain industry with confidence and full confidence in the future development of the blockchain industry!

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