Ling Ting: 5 Trends I See in the Feast of 2,000 People Flowing
In the past week, Hangzhou Blockchain World was extremely lively.
2020 Hangzhou Blockchain Week, 37 keynote speeches, 12 round table discussions, 43 peripheral activities, nearly 2,000 people attended. The flow of people, information, and ideas converge here, and each of us in it has experienced a feast of flow. Hangzhou embraces global innovation with the attitude and pattern of "China's blockchain capital".
The excitement is still in my mind, for example, the people I met, the days I talked, the wine I drank, and the words I boasted; the views also shuttled in my mind, sometimes mixed and chaotic, and sometimes starry.
After calming down from a high-density energy field, what was deposited and what was seen? Give up nine and take one. The following five points of view are the observations of Ling Ting (WeChat ID: lingtingqkl).
1. Industry is more important than blockchain
In the past 20 years, we have solved information asymmetry through the Internet, and in the next 20 years, we will use blockchain to solve value asymmetry.
The blockchain is considered to be the infrastructure of the Internet of Value. On top of this, different types of value-bearing subjects have the opportunity to operate on this bottom layer to eliminate distrust among various subjects. However, due to the speculative atmosphere in the early days of the industry, the blockchain was once used as a cover for making wealth, and the bubble was rampant. In the past few years, the market has also fallen into the vicious circle of technology for technology and application for application.
Last year, the Central Committee of the Communist Party of China set the tone for the development of blockchain technology, and the market was reassured that the trend of industrial blockchain has been set. In the "2020 Hangzhou Blockchain Week", we also clearly felt: the wave of industrial blockchain is sweeping. Ant, Tencent, BSN, etc. have already carried the banner of industrial blockchain, and have stepped out of their own pace in landing applications.
Ant blockchain has realized the application of blockchain in more than 50 scenarios, and industrial-level applications are being deployed in the real world. Blockchain technology is being applied to large enterprises and even government services. In industries such as supply chain finance, cross-border remittance, and financial leasing, more places where trust is lacking are being transformed by blockchain.
In Tencent's positioning, the blockchain is the connector of the industrial Internet. They are using the blockchain to solve industrial problems, and there are cases in fields such as medical care and copyright storage.
BSN has also opened the blockchain backbone network in Zhejiang Province, and is determined to be a BSN-based Zhejiang blockchain "portal". It is also the first BSN provincial-level backbone network opened in China.
This time, the market focuses more on the industry and the problems in the industry, rather than concepts floating in the air.

2. Data is the core ownership
In addition to industry, another hot word is "data".
With the development of the digital economy, we have formed a large amount of data in each industry. How these data can play their role has been explored by all walks of life. Last year, my country listed "data" as the seventh largest factor of production, which is as important as manpower, capital, management, etc., and the strategic position of "data" was instantly improved.
But it is different from the previous production factors. It is not a linear parallel relationship, but a multiplicative effect. How to make data better circulated, shared, and generate value under the condition of privacy and security? And the blockchain can just play a role in exchanging data value without exchanging data.
A person actually has many sides, we have the self in the real world and the self in the virtual world of the network, we can have different IDs, different online identities, and the different content and data associated with each identity are your real side .
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The picture shows the opening ceremony of Hangzhou Blockchain International Week
3. Mining finance becomes a standard configuration
If we say which element is the most blockchain, it must be mining.
Since the beginning of this year, the price of Bitcoin has not skyrocketed as expected, but the computing power is getting higher and higher, and the mining income is getting lower and lower. Bitcoin, which emphasizes decentralization, has become more and more centralized in the field of mining. What followed was that small mining coins began to dance wildly, cloud computing power suddenly emerged, and the financialization of mining became standard. The professional and mature mining industry has provided a fertile soil for C-end computing power products. Extremely financial products such as cloud computing power, joint mining, and computing power trading have gradually become popular.
Although the three major exchanges have completed the layout of the mining field, other mining forms are undercurrent.
Among them, the craziest is IPFS mining. In the past few years, nearly 500 Filecoin mining machine vendors have emerged across the country, and the cumulative investment cost of miners has exceeded 10 billion.
Risky money is still pouring in. So much so that some mining machine manufacturers said that at present, 90% of the mining machines they produce for customers are fixed parts, such as chassis, motherboard, power supply, fan, hard disk, etc. Wait for the official algorithm to be clear before configuring it into the machine, just to snatch the crazy "starting bonus".
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The picture shows the main venue of Hangzhou Blockchain International Week
4. The future world will be driven by protocols
Web.3 is committed to solving the needs of the next intelligent era, that is, machine intelligence and the Internet of Everything. Web.3 is an infrastructure that enables people to collaborate with machines and even AI.
Web 1.0 is represented by portal websites. We are Internet browsers, and we only get and view content from the Internet. In the current second-generation Internet stage, we can participate in interaction, socialize, and become contributors to the entire network content. For example, WeChat, Weibo, Douyin, Kuaishou, etc., everyone is not only a viewer, but also a producer, and a co-builder.
When it comes to Web3.0, the entire Internet will be shared by everyone and will not be monopolized by oligopolies. We participate in the construction of the network and enjoy the dividends of network development. The network itself can establish a trust relationship, and there is no need to trust large companies. Each individual here can programmatically achieve consensus according to transparent and open rules. As a result, the blockchain has become the cornerstone of Web3.0.
The future world will be driven by protocols. The agreement here refers not only to the agreement on the underlying technology, but also to the value collaboration network of the whole society. When a global free data trading market is established, we can say that it has evolved from the IT era to the DT era.
With the advent of this era, the financial sector is the first to react.
Defi is on fire, decentralized exchanges, lending, mortgages, derivatives, etc. have started different ways of playing. The financial instruments in the traditional financial world may be reproduced here again. Some are like bursting bubbles, which will burst with a poke, and some may leave a golden key after being poked. And what we are striving for is to burst the bubble and find the key.
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The picture shows the roundtable forum "DeFi is roaring, are you ready?"
5. Digital literacy fosters "new digital citizens"
The development of technology and the iteration of industry will eventually fall on people.
More than 2,000 people came from all over the country to look for the latest trends in the industry outward, and to find the anchor point of value in everyone's heart.
In the current blockchain, there are no authoritative experts and undisputed definitions. Everyone is an adventurer in the unknown world. Adventurers' journeys are often novel, exciting and lonely. Some people already have a full set of nuclear weapons, and they have become indestructible; while others are wandering around, staggering, and their value base is unstable.
New citizens in the digital age are facing unprecedented opportunities and challenges. There are a lot of hidden opportunities, but also inexplicable temptations and traps. If you can't cultivate your eyesight, you are in danger of being drowned in noise and bubbles.
Find self-adaptation: be independent, not follow blindly; keep an open mind: not frivolous, nor sophisticated; adhere to long-termism: not depressed, not turbulent; enter the game as an active builder, I think, this may be It is the quality that new citizens in the digital age should have. Don't be a bubble blown by the wind, but a big fish in the deep sea current.


