Blockchain lands in the real economy

Blockchain has become a world-class new highland for technological innovation and a new track for international competition. Blockchain technology has increasingly become a cornerstone of national industrial competitiveness.

Blockchain can solve some "small problems" for the industry through "trading on the chain", help the real economy to achieve cost reduction, improve synergetic efficiency, create a credit environment, guide the "de-virtualisation to reality" of finance, and speed up the service of the real economy.

First, blockchain will play a role in "improving the synergetic efficiency of the industrial chain" and "reducing costs for the real economy". Enhancing industrial cooperation is an important way to promote Chinese manufacturing to the medium-high end. However, in many industries, the synergistic efficiency of the industrial chain is not high, and the informatization of the assistance link can be achieved through the block chain technology, which greatly improves the collaboration efficiency. The block chain can realize the synchronous bookkeeping of multiple subjects, which can well meet the fundamental needs of the informatization of the collaboration link.

In addition, currently the real economy has high costs and thin profits, and blockchain technology can effectively help companies reduce the costs of these two parts. Based on the blockchain system, as long as the validity of the system operation is confirmed, the third party can understand the consistency of the accounts of both parties of the transaction, and cannot be tampered after being entered into the account, so as to realize "trust transfer". In this way, repeated data comparison can be reduced in many aspects such as reconciliation, audit and inspection, and the financial and management costs of the enterprise can be greatly reduced.
Second, blockchain will accelerate the construction of a credible industrial environment to achieve financial de-virtualisation. At present, financing difficulties, expensive financing and slow financing of medium, small and micro-sized enterprises still exist, and financial support for the real economy is still insufficient. An important reason for this phenomenon is that there is serious information asymmetry between financial institutions and real enterprises, the social integrity system is not complete, and it is difficult for financial institutions to accurately obtain the real operation information of real enterprises. Using blockchain technology to realize "credible digitization" and then realize the "three-stream integration" of physical flow, information flow and capital flow, which can effectively solve the problem of capital being out of solid and into virtual. Based on block chain system, the data can be effectively made, and the data to be multi-party authentication and tamper-resistant, can effectively guarantee the authenticity of the data, realize the digital "credible", in order to more accurately the actual situation of the real economy is transferred to the financial institutions, investment, loans for financial institutions to provide the basis of a large number of reliable information, reduce the risk of financial institutions to service the real economy, promote financial services service entity economy more widely.

Blockchain has become a world-class new highland for technological innovation and a new track for international competition. Blockchain technology has increasingly become a cornerstone of national industrial competitiveness. The future blockchain technology has three development trends in promoting industrial development.

First, blockchain technology will fully serve the real economy in the future. At present, the application of blockchain has been widely implemented in the fields of supply chain finance, electronic information depositing certificate, copyright management and transaction, product traceability and digital asset management. In the future, the blockchain technology will be deeply integrated with the real economy industry to form a number of "industrial blockchain" projects, ushering in the great era of "a hundred flowers bloom".

Second, blockchain will drive the integration of the real economy and the digital economy. As the cornerstone of "value Internet", blockchain can completely and tamperably record the whole process of value transfer (transaction) through distributed multi-node consensus mechanism. Blockchain will greatly speed up the process of determining the rights of digital resources, thus endowing all digital resources with value, and then transform digital resources into real digital assets, which will become a key foundation for the development of digital economy and further promote the integrated development of real economy and digital economy. Third, blockchain technology will create an updated version of the platform economy. Platform economy is the basic innovation mode of Internet economy development. The value of the platform comes from the platform users, especially the earlier the platform users contribute more. The user's contribution to the platform can be quantified by Token through the blockchain technology. As a technical element, Token is a kind of bookkeeping symbol in the blockchain technology system, which plays a role of fast circulation and automatic settlement, and can realize the value-added of platform value Shared by users and platform owners. The incentive model based on blockchain promotes the upgrade of "sharing economy", which also conforms to the new development concept of innovation, coordination, green, openness and sharing, and is a new type of platform economy at a higher level. (yu jiannin: member of the block chain professional committee of China computer society)
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