Blockchain technology is set to revolutionize our social governance, corporate structures, and business collaborations. In the upcoming smart society, blockchain, artificial intelligence, and big data will deeply reshape daily life. Blockchain plays a crucial role as the foundational production relationship in this new structure.
In 2018, the "coin circle" driven by blockchain and distributed technologies was described by the industry as a glimpse of the future. As research into blockchain deepens, the concept of "blockchain+" has gained momentum, leading to real-world applications across various industries.
**Forum Site**
On the afternoon of January 10th, the "Blockchain Finance Application 2018 Open High-end Forum" was successfully held at the Wanda Wenhua Hotel in Beijing. Organized by Yiou Company, Wentong Chain, Shishi, Zhigui Technology, and Babbitt, it marked the first professional summit of Yiou in 2018.
Experts from various fields attended, including Professor Xue Xueming from Fudan University, Visiting Researcher Han Feng from Columbia University, Vice President Gan Guohua from Taiyiyun Technology, Sun Lilin, founder of Matrix Yuan, Du Xiaojun, co-founder of Zhongrun Puda, Feng Wang Yunjia, founder of Yu Technology, Zhang Yijie, head of Yixin Wing Qiyun Service Blockchain Lab, Song Wenpeng, R&D Director of Zhongan Technology Blockchain, and Zuo Peng, founder of Jinqiu Technology. They shared insights on the practical applications of blockchain.
**Six Directions for Blockchain Development**
**Gan Guohua, Vice President of Taiyiyun Technology and Executive Director of Strategic Research Institute**
Gan Guohua stated that blockchain is transitioning from the 1.0 digital currency era to the 2.0 smart contract era. He outlined three core functions: consensus accounting, cryptographic security, and dual storage. The technology is widely used in transaction payments, traceability, and data buses. With features like multi-party trust networks and secure value transfer, blockchain represents the next stage of the internet.
He identified six key development directions for blockchain:
1. Diversification of applications
2. Deepening technological development
3. Integration with other emerging technologies
4. Growth of consortium chains
5. Foundation of main chains and data links
6. Domestic and international progress
**The Challenge of the Digital World Is Like a Blind Person**
**Sun Lilin, Founder of Matrix Yuan**
Sun Lilin delivered a presentation on "Data Assetization and Data Exchange Monetization." He compared the challenges of the digital world to those of a blind person, emphasizing that no single entity can collect comprehensive, object-oriented data. Users heavily rely on stock data and perception, making blockchain an essential tool for data assetization.
He discussed blockchain's role in three areas: technical architecture, algorithmic systems, and open platforms. He also highlighted several technical challenges, such as performance limitations, cross-chain interactions, and integration complexities. Sun pointed out the "three contradictions" in security: individual privacy vs. centralized oversight, transaction privacy vs. verification, and data privacy vs. data collection.
He emphasized that the consensus mechanism should be based on decentralized conditions rather than pure decentralization. Full network consensus can reduce security risks and lower implementation costs. Privacy protection is vital for the value of the Internet.
**Smart Economy Turns Numbers into Wealth**
**Han Feng, Visiting Researcher at Columbia University**
Han Feng shared his insights on how blockchain can drive economic transformation, turning data into tangible value. He stressed the importance of trust, transparency, and efficiency in the digital economy, highlighting the potential of blockchain to create a more secure and fair financial system.
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