List of Global Alliance Chain Platforms in 2020
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R3 Alliance
Founded in September 2015, R3 is a blockchain consortium initiated by R3 CEV, a New York-based blockchain startup.
An important reason for its establishment is: in the application of blockchain, an organization is needed to formulate industry standards for the development of blockchain technology in the banking industry, to explore and test blockchain technology together, and to establish a blockchain organization in the banking industry.
It addresses the gap that exists between traditional fintech platforms for banks and other financial institutions, and the resulting inefficiencies, risks and costs that escalate.
After its establishment, it cooperated with a number of commercial banks, financial institutions, regulatory authorities, trade organizations and technology companies to develop a distributed ledger platform called "Corda", which it said was tailored for financial institutions of.
Among the many projects of the R3 Alliance, the most representative one is the Voltron project. In 2018, R3 and CryptoBLK jointly built the alliance chain Voltron project. The purpose of the alliance chain is to digitize credit documents and decentralize the sharing process through the blockchain, aiming to provide end-to-end, digital credit transmission and verification solutions for commercial networks. The paper-based credit verification process was reduced from 5-10 days to less than 24 hours.
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Hyperledger Fabric
Hyperledger is an open source project coordinated by the Linux Foundation, aiming to advance cross-industry blockchain technology. It is a collaborative project of global leaders across industries, including finance, banking, IoT, supply chain, manufacturing and technology.
Most of the first members of the Hyperledger Alliance were banks, financial services companies or IT companies, but over time, more and more companies have joined the project. As of September 26, the official list shows that there are more than 270 Organizations from different fields and regions have joined the Hyperledger project.
In China, we are familiar with the participating companies. In 2018, Hyperledger also deployed its technology in China's Tencent, Baidu, and Alibaba Cloud vendor cloud platforms, and the two largest contributors were IBM and Intel.
As of July 2018, Hyperledger has 10 sub-projects, involving 3.6 million lines of code, and nearly 28,000 participants have participated in more than 110 hyperledger-related theme gatherings around the world.
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Ant Open Alliance Chain
Ant Financial is a pioneer in the domestic blockchain field. As of April 30, 2019, Alibaba ranked first in the world with 290 blockchain patent solutions. In the next few years, Ant Financial plans to build an ant blockchain product ecosystem.
The ant blockchain uses the blockchain core technology of the ant blockchain's own independent property rights, and is also compatible with enterprise Ethereum, Hyperledger Fabric, Quorum, two different open source systems, mainly for on-chain finance and on-chain retail , Life on the chain, providing a series of services that can really be implemented.
Ant Financial's open alliance chain is a low-cost, low-threshold open and inclusive blockchain network, and its target users are small and micro enterprises. The target group of the open consortium chain is small, medium and micro enterprises and individual developers. It will reduce the technical threshold and cost of blockchain application development, or it will become a blockchain within everyone's reach.
From 2018 to now, there are three main projects on Ant Blockchain: cross-border remittance, electronic bill, and dual-chain communication platform. The first one is the cross-border remittance that was officially launched in 2018. Taking remittances from Hong Kong to the Philippines as an example, using blockchain technology to build cross-border remittances can greatly save time, reduce costs, and save 500 Hong Kong dollars a year, which will benefit hundreds of thousands of Filipino maids. Greatly save their cross-border remittance time cost and money cost.
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Blockchain Service Network BSN
Blockchain-based Service Network (Blockchain-based Service Network) (hereinafter referred to as "Service Network" or "BSN") is a global infrastructure network based on alliance chain operating environment and data transmission. The group company, China UnionPay Co., Ltd. and Beijing Jujube Technology Co., Ltd. jointly initiated.
The Internet is formed by connecting the cloud resources belonging to each party to the data center through the TCP/IP protocol, and BSN is formed by connecting the cloud resources belonging to each party to the data center through a set of alliance chain environment protocols. Neither belong to any single organization and are public infrastructure.
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