Interview: Blockchain can be deeply integrated with the real economy to achieve better empowerment- Visit zhang Chao, vice president of Ouke Cloud Chain

Xinhua Finance Shanghai, September 26 (Reporter Gao Shaohua) Zhang Chao, vice president of Ouke Cloud Chain, recently said in an exclusive interview with reporters during the "2021 Yangtze River Delta Economic Digital Transformation and Development Forum" that blockchain technology can be deeply integrated with the real economy with its own characteristics to achieve better empowerment; the current application of blockchain technology is still facing shortcomings such as policies, standards, and application scenarios.

Helping the digital transformation of the economy Blockchain technology can empower the real economy

In recent years, the development of blockchain technology in China is entering the fast lane. The "Guiding Opinions on Accelerating the Application and Industrial Development of Blockchain Technology" jointly issued by the Ministry of Industry and Information Technology and the Office of the Central Network Security and Informatization Commission in 2021 emphasizes that it is necessary to seize the major opportunities of the integration and application of blockchain technology in new technological innovation and industrial transformation to empower the real economy. The outline of Shanghai's "14th Five-Year Plan" also proposes to "comprehensively enhance the energy level of the core digital industry and actively lay out the innovation and application demonstration of blockchain technology".

Zhang Chao said that blockchain technology, 5G, IoT, artificial intelligence and big data and other technologies are part of the information system, each technology should be used as a whole, so as to play its value, in the process of helping new infrastructure, blockchain can solve the interaction logic and data transmission rules between various role subjects.

At present, blockchain technology has been applied in the fields of finance and government affairs, and the financial technology and regulatory technology related to blockchain technology are also developing. "Since the blockchain itself belongs to the underlying technology, it is often difficult for users to perceive it at the application layer. Combined with the global development trend, blockchain technology, with its own characteristics, can certainly be deeply integrated with the real economy to achieve better empowerment. Zhang Chao said.

Among them, in terms of blockchain government applications, Ouke Cloud Chain has deeply cultivated the blockchain data security track and launched blockchain security products such as On-Chain Sky Eye and Chain Sky Eye Pro. So far, Tianyan on the chain has assisted the police in more than 30 provinces and cities such as Shandong, Sichuan, Zhejiang and Shanghai to detect new criminal cases worth tens of billions of yuan.

The large-scale application of blockchain technology still faces three major problems

Under the impetus of all walks of life, blockchain technology is accelerating the application of application in many fields. However, in Zhang Chao's view, although the term blockchain is very hot, there are still many problems in application and promotion as a niche technology category, and there are three types of more prominent problems.

First, although various localities have launched a series of guiding policies for the development of the blockchain industry, how these support policies and technologies are implemented is still far from being implemented, and a series of implementation plans supporting the policy are also needed;

Second, although there are many standards in the blockchain industry, they are limited to the exploration of different regions or different economic sectors according to their own needs, and industry practitioners look forward to a series of national standards in the blockchain industry as soon as possible;

Third, although there are many applications of blockchain technology, some applications may still be lacking in terms of cost and benefits. Therefore, at the level of technical application, the blockchain industry also needs to be more "sinking" in various application scenarios, so that the application of blockchain in various scenarios can truly reflect its technical characteristics.

Based on this, Zhang Chao believes that whether blockchain technology can achieve better application in the future will depend on the comprehensive development of three factors: one is the legal and policy support related to the blockchain technology empowerment industry; the other is the establishment of relatively perfect blockchain technology standards; the third is to return to the characteristics of blockchain technology itself and actively explore application scenarios with feasibility.

In addition, the current domestic is increasing the pace of pilot application of digital yuan. In this regard, Zhang Chao told reporters, "Although the digital yuan itself does not directly reflect the characteristics of blockchain technology, it is indeed a proof that blockchain technology has developed to a certain extent." The promotion of the digital yuan will also promote the technological innovation and performance optimization of the entire industry. ”

Establishing blockchain on-chain data standards is imminent

At the "2021 Yangtze River Delta Economic Digital Transformation and Development Forum", Shanghai Lingang Holding Co., Ltd., Shanghai Institute of Quality Management Science and Ouke Cloud Chain signed a strategic cooperation agreement and held the unveiling ceremony of blockchain technology security service stations. At the same time, the country's first blockchain data service standard initiated by Ouke Cloud Chain was also officially unveiled.

Zhang Chao told reporters that after the establishment of the blockchain technology security service station, in the future, Lingang Holdings, Shanghai Institute of Quality Management Andrology and Ouke Cloud Chain will mainly cooperate around blockchain technology research, blockchain empowerment of the entity industry, blockchain standard formulation, on-chain data analysis and application, training and talent training, etc., fully integrate their respective technology, resources and other advantages, boost blockchain industry innovation, and accelerate the deep integration and development of blockchain technology and the real economy.

Specifically, the three parties will jointly help promote the demonstration application of blockchain in the fields of finance, commerce, logistics, energy, manufacturing and other fields, with the orientation of building a blockchain innovation industry application highland, building a professional and resource-integrated service platform around "adhering to standard guidance, building a low-level platform, cultivating quality brands, strengthening network security, and protecting intellectual property rights", and promoting innovative applications in key industries, establishing blockchain public service institutions, and developing relevant technical standards. Accelerate close cooperation in several aspects such as blockchain talent cultivation.

For the blockchain data service standard initiated by Ouke Cloud Chain, Zhang Chao said that as an important data element, the "on-chain data" based on blockchain technology has not only become an important judgment basis for the development of the blockchain industry, but also can serve other digital technologies and feed the needs of other industries, therefore, the establishment of blockchain on-chain data standards is imminent, and blockchain standards are also a guarantee for the healthy development of the blockchain industry.

This article originated from Xinhua Finance