Time：2018-06-15 17:41:15
CollectionOn June 15th, hosted by Beijing Blockchain Application Association, and co-organized by Zhongguancun Software Park and Chuangrong e-Home, the fourth phase of the offline chain salon on the technology article "Not to Play Armchair Quarterback but Discuss the Pragmatic Way of the Commercialization of Blockchain Technology" in Beijing was successful held.
The Beijing Blockchain Application Association (BBAA) is the first blockchain application association in China. It was registered in the civil affairs department according to law and established under the guidance of the Beijing Municipal Investment Promotion Bureau. The Blockchain College belongs to the BBAA, cooperates with domestic and foreign scientists who are expert in the computer science and cryptography and university professors, scientific researchers, practitioners who have been engaged in the research of blockchain technology and software development, etc. for a long time to form a professional mentor team. Through offline training, and project practice, Blockchain College will help the development of the talent in this industry and will students to be the experts in the blockchain industry.
During the event, Wu Yuhui, the CEO of Light Trust Technology, Wang Jing, the co-founder and CTO of Bubi, and Liu Sheng, the Chief Architect of Linkage Advantage, they share successfully on the topics “the commercial competitiveness of rebuilding blockchain”, “the sharing of blockchain technology and commercial application”, and “the traceability, innovation, and practice of blockchain technology”, respectively.
Wu Yuhui, CEO of Light Trust Technology, stated that using blockchain technology can avoid the disadvantages that users are unable to share value compared with traditional Internet application business model, allowing value to return to value creators and creating a borderless enterprise development model. He pointed out that the core concept of blockchain is to establish a new distributed, trusted, and transparent business model. This model solves the problem of consensus and interest distribution among multiple parties involved in business collaboration, making the boundary between the enterprise and the market more and more blurred, promoting the emergence of new forms of business, and achieving a coordinated approach across cultures, regions, and industries. This is also an opportunity to break through the current monopoly of the Internet giant. It is worth looking forward to and to exploring.
Wang Hao, Founder and CTO of Beijing Bubi Network Technology Co., Ltd., said that blockchain technology is suitable for multi-domain and cross-domain systems and ecology, through the construction of interdisciplinary ecosystems, using distributed accounting technology to solve the pain points of high credit costs.
It is suggested that companies should design with a win-win attitude to promote the application of blockchains. At the same time, he reminded that it was a long-term process to the see effectiveness and rewards of blockchains. The most important thing is to start from the simplest. He pointed out that the current application of the blockchain accounting system is the supply chain finance, in addition to many non-standard business across the regulatory authorities, but also due to the high pain point which demands for the multi-billion scale credit costs.
Liu Sheng, Chief Architect of Linkage Advantage, pointed out that there were three connotations of the comprehension of blockchain : the first layer is “currency”, which is a “meta-information” recorded in the blockchain accounting structure; the second layer is “ "Chain" which refers to the "blockchain" data structure and blockchain nodes; the third layer is "network", which is a software-defined network composed of multiple blockchain nodes. He said that for large-scale commercial use, the innovation of blockchain technology is based on the five principles of openness, fairness, security, reliability, and efficiency, and the efficiency is relatively of low priority. At present, many blockchain technology innovations are pursuing efficiency one-sidedly, which is inadvisable in fact. He also pointed out that the selection of blockchain application scenarios need to consider three points: no risk, high value, and easy to implement.
Event organizer Liang Wei, Executive Secretary of the Beijing Blockchain Application Association said in an address that the association started from industry research, summits, personnel training, international exchanges, resource integration and other service directions, gathered industry resources, cross-border integration to promote the development of blockchain. Block chain development promotes the innovation and development of advanced technologies. Among them, the “China Blockchain Development Report” organized by the Association under the guidance of the People’s Bank of China is the only series of annual blue books in the field of blockchain published by the Academy of Social Sciences.
Finally, thanks to the wonderful sharing of the guests in this issue, we hope that more people in the industry will actively participate and exchange ideas in the fifth Salon.
Please pay attention to the "Beijing Blockchain Application Association" official account on WeChat
Beijing Blockchain Application Association
Contact: Secretariat
Tel: 15101631593 (also the WeChat account)
Email: bbaa_msc@bbaachina.org
Address: 10th Floor,VisionBuilding, 39 Xueyuan Road, Haidian District, Beijing
Beijing Blockchain Application Association
May 29, 2018
BBAA
Project Investment