Source: Photo.com
On April 17, the "Akita Inu Preservation Association" in Odate City, Akita Prefecture, Japan, recently launched a new initiative to use blockchain technology to issue "digital pedigree certificates" of Akita dogs to deal with the problem of pedigree fraud and content tampering.
The Akita is a large fox dog breed native to Japan. In the past, only the aristocracy could breed Akita dogs, and they were used to hunt wild bears, deer, and Japanese black bears, and were once used to play a fighting dog role. Today, the Akita dog is not only a police dog and a military dog, but also an excellent guard dog and family pet.
In Japan, the Akita dog breed is regarded as a national historical relic, and is the only large dog designated as a national natural monument, and the most famous representative of this is the loyal dog "Hachiko" in Japanese stories.
Since Akita dogs are so popular, there are frequent cases of pedigree fraud related to them, and this is especially important.
China's blockchain market is growing rapidly and maintaining rapid growth
China's key blockchain technologies continue to make breakthroughs, and the application foundation has been continuously consolidated and improved, showing significant characteristics such as large-scale improvement of integration, optimization and formation of ecological structure, steady improvement of technology integration, and outstanding standardization results. In 2023, the size of China's blockchain market will reach $3.16 billion, with an average annual growth rate of 73% from 2019 to 2023.
Enterprises such as Ant Blockchain and Tencent Cloud are among the best
In October 2023, the "2023 Top 100 Chinese Industrial Blockchain Enterprises" was officially released, and the list is based on the statistical analysis and verification and comparison of the relevant data of the research enterprises in 2022, which is composed of four first-level indicators of industry influence, innovation and sustainable development, technical service capabilities, and industrial application capabilities, and 19 detailed statistical indicators such as enterprise revenue scale, blockchain search index, central media reports, and the proportion of blockchain output value. In the list of "2023 China's Top 100 Industrial Blockchain Enterprises", Ant Blockchain, Tencent Cloud, China Merchants Group, State Grid, China Mobile, Industrial and Commercial Bank of China, China Telecom, Qulian Technology and other companies are in the forefront.
By 2029, the size of China's blockchain market will reach $10.4 billion
In the short term, as one of the key industries of the digital economy in the mainland's "14th Five-Year Plan", the support attitude of the national level towards industrial development will not change, and the good trend of deep integration of blockchain technology and various economic and social fields will not change. In the medium term, with the successive introduction of a series of policies and measures such as the "20 Data Measures" and the rapid advancement of data infrastructure construction, blockchain technology can strongly support the orientation of data rights separation, promote the reliable, credible and safe flow of data elements, and is expected to play an important role in scenarios such as data rights confirmation, transaction and circulation. In the long run, emerging industries such as Web3.0 and the metaverse are developing rapidly, and blockchain, as its key underlying supporting technology, is expected to provide a first-in-the-ground innovation carrier for new concepts such as Web3.0 and the metaverse with the continuous expansion of network scale, continuous strengthening of technology penetration, and steady improvement of application maturity. According to the data disclosed by IDC, the average annual compound growth rate (CAGR) of China's blockchain market will reach 54.6% in the future, which estimates that the size of China's blockchain market will reach 43.1 billion US dollars by 2029.
In the context of building a digital economy with data as the key element, the mainland has made positive progress in the application of blockchain technology and industrial development, and has made continuous breakthroughs in technology research and development, application innovation and industrial development. Forward-looking industry research believes that in the future, blockchain will promote the formation of a credible value interaction network and help realize digital collaboration and social production.
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For more research and analysis of this industry, please refer to the "Analysis Report on Market Prospect and Investment Strategic Planning of China's Blockchain Industry" by Qianzhan Industry Research Institute
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