Development trend, challenges and opportunities of blockchain

The core points are summarized as follows:

  1. Blockchain is a trust machine established without trust or lack of trust relationship, so blockchain is of great significance to developing countries, especially countries with low trust.

  2. We believe that the vast majority of enterprises will operate on the blockchain technology platform around 2030-2035. From now to 2030, this period will be the climax of blockchain technology development and application.

  3. The economic significance of blockchain is that the marginal cost of centralized shared data is higher than the marginal effect. Therefore, blockchain technology is not only an important part of digital economy, but also an important driving force of digital economy.

  4. Human society will eventually transition from the interconnection of all things to the era of intelligence and information of all things. Blockchain technology is the bottom foundation of platform economy, sharing economy and digital economy.

  5. The blockchain project is different from the "building blocks" of traditional information projects. It needs to be comprehensively considered and designed in terms of processes, incentives, standards, governance, ecology and other mechanisms.