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Why is blockchain industrial infrastructure important?

Blockchain technology is hailed as the Internet of the next generation of value transmission, and its early development stage has striking similarities with the development process of the Internet. In 1995, the concept of Internet technology was rampant, and the stock prices of Internet-related companies in the global market soared at a high speed. At this stage, market orientation has made companies pay more attention to the hype of the concept of "Internet", while ignoring the construction of real infrastructure for Internet technology to empower the real economy.

In the end, the Internet bubble burst rapidly in 2001, and many companies and individuals had to go bankrupt and liquidate. The core law is that, without the support of infrastructure construction, the "prosperity scene" that is so lively is after all a castle in the air, and it will inevitably collapse one day. It was only at this time that people realized the importance of the "cold bench" of infrastructure construction, and companies that were willing to sit on this "cold bench" eventually became the most important winners in the Internet economy.

From the era of the PC Internet to the era of the mobile Internet, AMD, Intel, Lenovo, Apple, Samsung, and Huawei, which are supported by hardware, and Google, Amazon, Ali, and Tencent, which are hard at work on the Internet-based "soft power", have finally formed the Internet technology The trinity global infrastructure system of cloud, network and terminal provides ubiquitous massive data and services.

A typical example is that just last August, Huawei announced that HiSilicon Kirin's high-end chips were "out of print", and China's strongest chip design company was locked in the future right under their noses. It is not difficult to find that when a new technology encounters difficult problems in the process of integrating with the industry, it is often not the so-called business model or the so-called traffic pool, but the fundamental infrastructure construction, which must be in The "iron fist" for future competition.

With the new round of global competition in blockchain technology, which also went through the bubble burst stage in 2017, facing the new track of blockchain, a competition around infrastructure construction is beginning.secondary title

What is the key direction of blockchain infrastructure?

At that time, the slogan "To get rich, build roads first" resounded across the country, but we are far from enough to build this "road" for the large-scale application of industrial blockchain, which has also led to a series of problems. For example, there is still a lack of a basic public chain platform for the implementation of blockchain applications in China and the world, the fragmentation of the overall core technology is difficult to form a system, and the long-term lack of talent training and development. Stay on the headlines of major media.

This is largely due to the fact that most practitioners have no idea what exactly is the infrastructure construction required for the development of blockchain technology. Like the construction of all scientific and technological innovation facilities, the infrastructure construction of blockchain technology must emphasize continuous investment in hardware, which continues the characteristics of the Internet. On the other hand, based on the unique intellectual property rights, basic technologies, and common technologies of blockchain technology, it fundamentally determines whether blockchain technology can be effectively transformed into real productivity.

Combined with the current development stage and status quo of the industry, the future includes: the core open blockchain platform, multiple and efficient interactive tools, security tools for escort, distributed storage and computing, and innovative and effective hardware support must be the most important and the most important. The most basic direction of force. This also derives and includes the innovative material basis, basic technology and various common technologies for the development of industrial blockchain.

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Exploration of blockchain infrastructure construction

The first is the blockchain platform carrier that carries the application, and it is also the core of the large-scale application of the technology.Among them, it covers the iteration of the consensus mechanism, the improvement of concurrent processing speed, the diversification of smart contracts, and the improvement of scalability.

For example, the well-known Ethereum public chain currently carries many simple blockchain applications, but simple prototype applications are acceptable. Once large-scale applications are implemented, due to the large increase in data volume, there will be a "state explosion" , the demand for the implementation of blockchain applications is obviously still unsatisfactory.

In general, Cosmos and NEO abroad, as well as Ali and JD.com in China, are constantly trying to subdivide the public chain. How to ensure the efficiency of transmission while taking into account the openness of the ecology is the key. However, it should also be noted that in addition to continuing to advance on the road of continuous technological breakthroughs, the ecology within the chain, user scale and activity are also of great significance.

The second is interactive tools based on blockchain technology applications.As an emerging technical tool, blockchain must include both "providers" and "users" in the process of landing applications, and the bridge role played by interactive tools is very important.

On the "provider" side, how to provide flexible and effective smart contracts based on blockchain technology, develop effective applications, etc., requires effective development tools. At present, most of the industry still uses the writing and development tools of the Internet era, which is slightly insufficient in efficiency and professionalism, which restricts the development of blockchain technology to a certain extent.

In addition, the security of assets on the chain is guaranteed.Many practitioners have a consensus that security issues largely restrict the application of blockchain technology in the real economy. For example, in the past two years, there have been many hacker attacks around the world, and the amount involved often reached millions of dollars. These emerging means of economic crimes based on blockchain technology have a high threshold for learning and cognition. At the same time, based on the anonymous account system, the entity behind it is often not found in the process of investigation, and solving a case is like finding a needle in a haystack. With the more widespread application of blockchain technology, tools to ensure the security of data and assets on the chain will surely become one of the important infrastructures.

Summarize

Summarize

Wanglian Technology believes that as the blockchain is gradually integrated into the traditional industry, through the problems encountered in the upgrading process, the solid construction of the blockchain infrastructure construction will be reversed, the trust relationship will be reshaped, and the industrial efficiency will be improved. It will effectively help the upgrading of traditional industries.