Interview with Binance Research Institute Wenhao: How should the industrial blockchain be put into practice?
Author | Qin Xiaofeng
Editor | Hao Fangzhou
Produced | Odaily
Author | Qin Xiaofeng
Editor | Hao Fangzhou
Produced | Odaily
After experiencing hype and bubbles, how the blockchain can get rid of the virtual to the real, empower the real economy, and promote industrial upgrading is the question that practitioners most need to answer right now.In the process of blockchain industrialization, Binance is particularly active: Binance China Blockchain Research Institute was established this year to promote the sustainable "Belt and Road" construction of the United Nations Global Compact; in July this year, the Macau Industrial Zone The Blockchain Association was established, and Binance Research Institute is also one of the co-construction units; the "Spark Project" was launched in response to the country's "New Infrastructure" call to support small and medium-sized enterprises to upgrade the blockchain industry...。
How the blockchain can empower the real economy, and Binance's layout on the industrial blockchain
first level title
The following is the transcript of the interview:
Wenhao : secondary title
(1) Overview
Odaily: Binance China Blockchain Research Institute has made frequent appearances this year, but readers may still know little about it. First of all, please introduce its development history, team and positioning.
Binance China Blockchain Research Institute was established in early 2020, and landed in Shanghai in March 2020, positioning and deploying related industries and technology research content across the country. The main business is to build a digital financial infrastructure and technical research based on blockchain technology. Focus on independent core technology, industry application and governance model research of blockchain technology. At the same time, it also provides practitioners with tools and resources, and blockchain education and training certification.
In addition, the China Blockchain Research Institute will also rely on its continuous in-depth mining and investment in high-quality ecological partners in the implementation of blockchain technology. This will also promote the transformation of technological achievements and promote the application of blockchain technology in the real economy.
The construction of platforms in the blockchain and other industrial fields has begun to take shape, and Binance’s participation in the establishment of the Blockchain Research Institute will accelerate the deep integration of blockchain and cutting-edge information technologies such as artificial intelligence, big data, and the Internet of Things, and accelerate the promotion of various The landing of blockchain application scenarios will drive the application of this industry and promote economic development.
Wenhao : First of all, after the Binance China Blockchain Research Institute took root in Lingang, with the research institute as the center, it integrated global production, learning and research resources in multiple ways, and provided professional industry guidance, financial support, and business incubation for enterprises engaged in the blockchain industry. and other basic support.
Secondly, as an important part of the new infrastructure, the blockchain will enjoy many policy dividends for related industries. The Binance China Blockchain Research Institute is positioned to follow the trend, relying on the Blockchain Research Institute to integrate the technological advantages and market judgments based on the blockchain, cloud computing and big data fields, and make arrangements in advance to continue to empower its future SMEs lay solid foundations.
Wenhao : Odaily: What is the internal organizational structure of Binance Research Institute and what are its components? What are the responsibilities of each department?
The internal planning and positioning of the research institute is based on the departmental system, mainly including: technology research department (underlying Binance chain technology research and development, cryptography and algorithm, alliance chain technology research), industry empowerment center (industry-university-research project cooperation and external project implementation) , public welfare business department (related to public welfare and charity poverty alleviation), strategy and institutional cooperation (government enterprises and partners' external expansion).
Wenhao : Odaily: What is the position of the Binance Research Institute in the framework of the entire Binance Group? What are the hopes/expectations of the group's top management on Binance Research?
Odaily: What are the development plans of Binance Research Institute in the future?
Binance China Blockchain Research Institute set sail from Shanghai, and Binance China Blockchain Research Institute has also penetrated into various fields of industrial blockchain in the global layout of Binance. From the in-depth research and development of the underlying technology to the application in various fields such as social livelihood and charity. From the current centralized platform to the future open platform, it has always stood at the height of the industry and contributed to the development of society and the progress of mankind.
Binance China Blockchain Research Institute is a banner of this globalization strategy implemented in China, benefiting the society and people's livelihood, and will lead the direction of the entire industry.
Wenhao : secondary title
(2) Industrial landing
Odaily: Since the "1024 Speech" last year, the blockchain has become popular. Especially this year, it has been included in the national "new infrastructure" strategy, and the term "industrial blockchain" has become even more popular. What is an industrial blockchain? What does the industrial blockchain include?
From a technical point of view, the industrial blockchain deeply serves the core subject of social production-enterprises, and builds a collaborative network that boasts platforms and regional traditions and innovations. As a trusted data network among enterprises, blockchain solves the problem that traditional centralized databases cannot generate trust among enterprises, and solves the trust problem of multi-party collaboration, so it is accepted and recognized by more and more enterprises.
Wenhao : Taking this epidemic as an example, blockchain technology has played an important role in the prevention and control of the epidemic and in helping enterprises resume work and production, and it has also accelerated the application of industrial blockchain in many fields. For example, the use of blockchain technology can improve the early warning system of infectious diseases, open up data islands among medical institutions, realize the sharing of medical information and data, and then reasonably assess the severity of diseases, shorten the time for disease prevention and control, and improve the effectiveness of treatment. Public security early warning and management has become one of the promising development directions in the post-epidemic period.
Blockchain is one of the important segments of new infrastructure. With the gradual release of new infrastructure investment and favorable policies, industrial blockchain will also accelerate its development. On the one hand, the construction speed of underlying platforms such as alliance chains, distributed storage, public chains, and industry chains will be greatly accelerated, the market structure may be reshaped, and new industry giants may even be born; on the other hand, the new infrastructure itself is also a "block chain". Blockchain +" is an important field of application, and the industrial blockchain will be deeply integrated with other new infrastructure fields such as 5G, Internet of Things, artificial intelligence, cloud computing, etc., and jointly empower the transformation and upgrading of the real industry.
Wenhao : Odaily: At present, most ordinary people have a weak perception of blockchain. What are the factors that hinder the implementation of blockchain technology? How to solve?
It can be divided into two levels: cognition and application. The current blockchain technology is mainly based on the underlying core algorithm, technical underlying development, computing power, and cryptography principles. This area has certain technical and academic thresholds for ordinary people to participate in related projects. middle. On the other hand, at the application level, in addition to ordinary people having access to digital assets and other fields, blockchain is mainly used in industrial and enterprise-level application scenarios, and there is no good transmission to C-end application scenarios for the time being. Therefore, it is difficult for ordinary people to come into contact with specific application products.
Wenhao : Odaily: In your opinion, what are the advantages and disadvantages of China's current blockchain technology research and implementation?
In general, the state encourages the exploration and research of blockchain technology standards and technical security applications, so as to promote the combination of blockchain technology and actual application scenarios, serve the real economy, and build a new digital economy; currently, the popularization and supervision of blockchain applications is still in the In the exploratory stage, regulatory policies still need to be improved. With the gradual improvement of central and local governments' blockchain support policies and regulatory policies, the completion of the blockchain standard (national standard, industry standard) system, and the maturity of blockchain technology, the cornerstone of the development of the blockchain industry has gradually firm. In terms of blockchain application projects, the application of blockchain in the financial field is relatively mature, and many financial subdivisions such as supply chain finance, payment settlement, securities, insurance and credit investigation have begun to deeply integrate with blockchain technology, and Gradually beginning to integrate with other industries outside the financial field; however, it is still being explored. There are still relatively few typical blockchain application projects that have a demonstration effect in the world. In the future, it is still necessary to accelerate the creation and cultivation of such projects, and encourage and support large enterprises to strategically deploy blockchain, so as to drive upstream and downstream small and medium-sized enterprises The business direction of the company has a greater driving force and leading role in the industry.
Wenhao : Odaily: What actions does Binance Research take in the implementation of China's industrial blockchain?
We focus on supply chain finance, smart park management, underlying chain performance research and development, patents, cultural and creative entertainment, charity and public welfare, and have actually landed a number of cooperation projects (for details, please follow our official account: Binance Blockchain Research Institute ).
Wenhao : Odaily: In March this year, Binance Research Institute, Lingang Xinyefang and Lingang Innovation Management Institute established the "Lingang Blockchain Technology Industry Research Institute". Could you please introduce the background, goals and positioning of the "Lingang Blockchain Research Institute"?
The establishment of Lingang-Binance Blockchain Technology Research Institute hopes to expand the application scenarios of emerging technologies such as blockchain, artificial intelligence, and the Internet of Things, and combine their respective advantages to expand Binance's industrial technology influence and industrial technology training through industry-university-research projects; We realize that a single technology has limited power to promote product innovation, business format change, and industrial transformation. We will collaborate and integrate cloud computing, artificial intelligence, Internet of Things, and blockchain technologies to jointly promote technological innovation and progress, and product innovation. Innovation and industrial transformation will be an important measure and trend for the healthy development of emerging technologies in the future.
Wenhao : Odaily: How will the "Lingang Blockchain Research Institute" promote the development of China's blockchain industry in the future?
Combining the advantages of Lingang and Binance technology, we hope to carry out specific project cooperation in various fields to better empower the industry. As one of the largest industrial parks in the country, we have necessary cooperation directions in smart park management and industrial applications. At the same time, financial aspects: the integration of blockchain and payment, insurance, securities services, asset management, digital bills, credit reporting, etc.; medical and legal aspects: blockchain and drug traceability, health management, smart contracts, evidence The integration of security, etc.; the integration of blockchain and agriculture, public welfare services, intelligent manufacturing, energy services, logistics, Internet of Things and other fields and directions.
Odaily: In May of this year, Binance Research launched the "Spark Project" again to promote the digital upgrade of small and medium-sized enterprises. How will the "Spark Project" promote the implementation of the blockchain industry?
The Spark Plan is also a specific industry alliance plan based on the empowerment and upgrading direction of China's industrial blockchain technology. The mutual promotion of blockchain and various technologies will play a greater role. In June 2020, in order to link global resources and actively respond to the call of the Chinese government, Binance China Blockchain Research Institute actively launched an important strategic project "Digital New Infrastructure, Hundred Cities, Thousand Enterprises Spark Plan". Blockchain, big data, artificial intelligence, 5G, cloud computing, and the Internet of Things are the six major industries directly related to the new benchmark core technology, and the growth in talent demand related to blockchain is the most obvious. To actively promote the development of the blockchain, it is imminent to vigorously recruit talents, and senior talents promote the development of the industry. Binance China Blockchain Research Institute integrates the technological advantages and market judgments based on blockchain, cloud computing and big data, and has already laid out in advance. Despite the current blockchain talent shortage and slow development, Binance still insists on promoting the development of the industry and using its own technological advantages to serve the needs of the country.
At the beginning of this year, during the outbreak of the epidemic across the country, Binance still did not back down. Under the macro background of the transformation of the real economy based on the direction of "new infrastructure", the Spark Plan aims to continue to support 1,000 technology-based small, medium and micro enterprises in the next two years and radiate To core industry partners.
Wenhao : Binance China Blockchain Research Institute will integrate global resources, form a special cooperation plan, create a technical and professional community, empower the core needs of new infrastructure digital transformation enterprises, and become the technology highland, talent highland and innovation highland of the next era, and create a digital new era. "Industrial technology highland" in the era of infrastructure construction. Binance blockchain will rise step by step.
Binance has always paid attention to the strategic layout of ecological construction, and this time it will make a difference under the trend of "new infrastructure". In the future, it will also focus more on independent core technologies, industry applications and governance models of blockchain technology. The blockchain and various industries and new fields of new infrastructure are at the forefront of industrial technology research and practice, and better empower the real industry. This also shows Binance's determination to always be at the forefront of the industry.
Wenhao : Odaily: Could you please introduce the current development of the "Spark Project" in detail? Are there any actual landing cases?
Now we have landed in multiple industries in many places across the country. Including China Merchants Beidou's supply chain finance direction, Shanghai Agricultural Bank technology block chain empowerment training, Hunan Zhuzhou Economic Development Zone and digital new infrastructure projects and other landing cases and scenarios.
Wenhao : Binance China Blockchain Research Institute has officially joined the action platform "Sustainable Infrastructure Helps the 'Belt and Road' to Accelerate the Achievement of the United Nations Sustainable Development Goals" initiated by the United Nations Global Compact, and as a strategic partner of the action platform, Continue to support the United Nations Global Compact to promote the sustainable "Belt and Road" construction and promote the early realization of the United Nations Sustainable Development Goals. At present, the participating institutions of this action platform include nearly 15 leading enterprises and institutional partners including China Development Bank, Sinopec, and State Grid Corporation of China. As one of the specific actions to promote the sustainable development goals of the United Nations, it is also an important strategic project of the Binance China Blockchain Research Institute dedicated to technology empowering the real economy. In June 2020, the Binance China Blockchain Research Institute fully launched the " The enterprise alliance plan of "Digital New Infrastructure · One Hundred Cities, Thousand Enterprises Spark Plan" aims to link global resources, rely on the main parks of the city to support small, medium and micro enterprises with new technologies and new technologies, and rely on blockchain, artificial intelligence and other industrial technologies to empower entities industry.
Odaily: In July this year, the Macau Industrial Blockchain Association was established, and Binance Research Institute is also one of the co-constructors. What role will Binance Research Institute play in the association?
Binance Research Institute is one of the core initiators of the Macau Industrial Blockchain Association. The association is centered on Macau and radiates the Greater Bay Area. Other co-constructors include Digital Asset Research Institute, Macau University of Science and Technology, representatives of the Macau government and many other institutions. Representatives of the organization attended the conference, and the members of the association brought together experts and scholars in the global blockchain field, as well as outstanding representatives of various industrial economies and venture capital fields in Macau. The establishment of the association aims to promote basic research in the blockchain field, absorb and train outstanding industry talents, and promote the integration of industry and scientific research. One is to help and promote Macao to complete the digital transformation of traditional industries within its capacity, and form a new industrial system in Macao on the basis of blockchain; the other is to promote the complementarity and integration of Macao and Hengqin industries; the third is to help and participate in Macao's new economy and become a A key node of an important economy in the Greater Bay Area; the fourth is to make Macau and Hengqin an irreplaceable part of the future economy. To this end, the association needs to earnestly complete its own construction: highly specialized, internationalized, institutionalized, and transparent.
Wenhao : secondary title
(3) Public welfare
Odaily: In 2019, Binance Charity launched the "Pink Coupon" campaign to empower charity through the blockchain. You are also a UN charity ambassador. Could you please introduce in detail how the blockchain solves the pain points of philanthropy in combination with the "pink coupons"?
Since January 2019, the Binance Charity team has taken root in Africa to implement the "Binance Children's Project", bringing free lunches, solar appliances, school supplies, etc. to more than 30,000 children. However, in the daily contact with school children, the executive team mainly composed of female members has a natural sensitivity to a phenomenon: in several schools, several girls often disappear from school on certain days ; Girls have higher dropout rates than boys in most schools. After investigation, we found the root of this problem: due to the fear of menstrual periods, the inability to afford sanitary napkins, and the lack of correct understanding of hygiene knowledge during menstruation, many girls hide at home or even drop out of school during menstruation. Even when they have to go out, they cover their menstruation with leaves or rags. As a result, many girls suffer from serious gynecological diseases, even life-threatening.
Wenhao : Menstruation is a normal physiological phenomenon that most of our girls living in cities take for granted. Using sanitary napkins during menstruation is also our common sense. Yet menstruation is considered a sign of "uncleanness" in underdeveloped regions, causing unseen hardships for millions of women around the world. According to reports, more than 2.5 million women around the world are suffering from "menstrual poverty".
Over the years, although many foundations, non-governmental organizations and enterprises have donated considerable funds and materials to the cause, the problems of low efficiency and lack of transparency in traditional charitable financial assistance have not been improved. Binance Charity has been committed to using the blockchain to promote and popularize a "transparent" charity donation model. We raise funds on the website, and at the same time select reliable suppliers locally. Donors will donate the money to Binance Charity platform, and Binance Charity will issue pink coupons to the girl, who will exchange the pink coupons at the supplier. sanitary napkin. After suppliers receive the pink coupons, they can go to Binance Charity to exchange for donated funds. With this model, we endow the ultimate beneficiary with the right to confirm the right, and also realize the last-mile transparent tracking and on-chain display through the reverse donation service traceability based on the blockchain.
Odaily: In addition to "pink coupons", Binance also has "blockchain + charity" cases? What achievements has Binance Charity achieved?
Wenhao : Up to now, Binance Charity has carried out more than 20 "blockchain + charity" implementation cases around the world, with nearly 10 million US dollars of charitable funds on the chain, serving nearly 1 million ultimate beneficiaries.
Binance Charity has long been concerned about the development of women and children in underdeveloped areas. Together with well-known international organizations such as MercyCorp and more than 50 blockchain partners, through projects such as "Binance Children" and "Pink Coupons", it will help children in Africa Free lunch and hygiene supplies are provided. In addition, Binance Charity will also provide immediate support and rescue for global emergency disasters.
Wenhao : Odaily: During the 2020 COVID-19 outbreak, Binance Charity immediately assisted countries in their fight against the epidemic. Could you please review the relevant actions?
When the new crown epidemic broke out in Wuhan, Binance Charity immediately set up a 10 million RMB fund to quickly deploy global resources to provide urgently needed medical supplies to hospitals and communities in Wuhan affected by the new crown epidemic. As the epidemic spreads to the world, Binance led global blockchain and financial partners to set up a "global anti-epidemic" fund to donate medical supplies such as masks and protective clothing to countries and regions with severe epidemics. So far, Binance Charity has raised 4 million US dollars and sent more than 2 million protective supplies to 26 countries on 4 continents.
