In June 2021, Major League Baseball (MLB) announced that it had established a long-term partnership with FTX, a crypto asset trading platform. Embroider on all uniforms according to the cooperation agreement of mlx.b Us logo, this cooperation agreement also allows FTX to obtain the global marketing rights of MLB logo, logo and special activities.

In July of that year, crypto.com, an encrypted asset platform Com has reached a 10-year contract with the Ultimate Fighting Championship (UFT). According to the contract, crypto Com logo will be printed on the clothing of UFC athletes and trainers. In addition to UFC, crypto Com has also reached cooperation agreements with Serie A Football League and Formula One racing championship F1.

This is just a few cases of encryption enterprises sponsoring sports. According to the data of GlobalData, in 2019, encryption enterprises completed 31 sponsorship in the field of sports, mainly involved in football; By 2021, there were 201 new sports events cooperating with encryption enterprises. Encryption companies have spent more than $600 million on these advertising sponsorship, and the report predicts that it will be close to $750 million by 2022.

Encryption enterprises interact frequently with the sports industry, and the intersection of user groups is likely to be the reason for "hitchhiking".

Last year, a poll by global decision intelligence firm morning consult showed that 47% of sports fans said they were familiar with encrypted assets, compared with 39% of all American adults and only 23% of non sports fans. In addition, 72% of sports betting players also said they were familiar with encrypted assets.

As the underlying core technology of the "meta universe", blockchain may be the fastest-growing technology in human history. Shanghai is rapidly advancing into the "next generation Internet" by taking advantage of its "east wind". According to the 2021 China urban blockchain comprehensive index report jointly released by the blockchain special committee of China Society of industry and applied mathematics and the blockchain special committee of China Communication Industry Association, Shanghai's blockchain comprehensive index ranks second in China, second only to Beijing. At present, there are nearly 1400 blockchain enterprises with input and output in China, accounting for about 1 / 4 in Shanghai.

Solve the "pain points" of the industry and enable the daily life of blockchain

Blockchain is considered to be the "cornerstone of the value Internet". With the right confirmation and tamper proof properties, it has shown a vigorous development trend in the fields of justice, leasing, carbon trading and so on.

"The introduction of blockchain technology in the judicial field of fairness and justice can be described as a 'hit it off': when public officials handle cases in the field, they can automatically link the collected information to prevent tampering and loss; all kinds of clue information submitted by the parties can be directly linked to make the judicial process more transparent and efficient; remote dispatching, remote command and law enforcement can ensure that the whole process can be traced "Shi Chao, technical director of politics and law industry of Shanghai Jinqiao Information Co., Ltd., said that blockchain related applications have become one of the growth points of the company's business in recent years. At present, the mobile execution platform based on blockchain technology developed by the company has covered 3504 courts across the country, handled 950000 cases online, conducted more than 100000 court remote commands, and logged in more than 16.21 million people.

In view of the "pain points" such as house source verification and multi intermediary right confirmation in house leasing, Shanghai Xuhui real estate market management company took out more than 200 sets of social rental houses to "test the water" on the chain. On the page of "chain should rent" blockchain rental service system, you can browse the information of house supply, landlord, entrusted lease and so on. The rental form filled in by the tenant will be sent to the landlord's mobile phone in the form of digital contract. The landlord can sign the contract after confirmation. The platform will store the blockchain certificate of the e-lease contract.

"The information browsed on the Internet may lag behind, but the information on the blockchain can be kept dynamically updated to ensure that the renter can see real-time real houses." The person in charge of the Housing Leasing Professional Committee of Shanghai real estate economic industry association revealed that the launch of "chain suitable for rent" has also attracted the follow-up of the housing leasing platform "big room duck". It is believed that the blockchain can bring structural changes to the whole housing leasing industry.

Layout in advance, Shanghai takes advantage of the "east wind" of blockchain industry

Shanghai is at the forefront of the country in promoting the application of blockchain. In 2018, Yangpu District took the lead in issuing the blockchain industrial policy to encourage blockchain technology innovation entrepreneurs engaged in non "currency" circles to settle in. Now, a number of leading enterprises such as online new economy and social governance have gathered on the "Changyang show belt".

On the blockchain, a new track leading to the future Internet, all districts of the city are actively laying out. Recently, Jing'an District was selected as the "national blockchain innovation and application pilot", which is the only area selected as the "comprehensive pilot" in Shanghai; On the ecological valley of Shanghai blockchain with a total construction area of 120000 square meters in Shibei high tech park, Shanghai blockchain industrial agglomeration is rising; With the development of "digital Changning" as the core, Changning District attracts the implementation of digital RMB application scenarios in China's first creative industry park; Xuhui district combines the development layout of "one port, one valley, one city and one bay" in Binjiang to build the main force of digital industry

As an incubator of Shanghai Shutu blockchain Research Institute, shangguanyun, CEO of zero one universe, predicts that the company's turnover will increase by 200% - 300% per year in the next few years. The "carbon ledger" technology developed by the company can deposit the carbon emission generated by each equipment on the blockchain, providing a digital starting point for building energy conservation and emission reduction.

Integrate resources, complement the advantages of the Yangtze River Delta and rush to the "meta universe"

The Shanghai blockchain Technology Association, established at the end of 2018, may provide another perspective for "observing" the rapid development of Shanghai blockchain industry: in just three years, this "young" association has gathered 98 think tank experts and more than 300 member units, and its scale is above the middle level among more than 200 associations in the city.

"Blockchain has entered the public's vision and gradually become the 'booster' of industrial innovation. Shanghai has great potential to jointly develop the blockchain industry with the Yangtze River Delta with internet gene." Said Wang Yi, executive chairman of Shanghai blockchain Technology Association and chairman of Shanghai Yangtze River Delta blockchain Industry Promotion Center.

Last year, 18 departments and units including the central network information office organized the pilot action of national blockchain innovation and application. According to the 2021 China urban blockchain comprehensive index report, blockchains will show unique importance in the process of building a "meta universe". On the basis of leading the establishment of Shanghai Yangtze River Delta blockchain Industry Promotion Center last year, Shanghai Yangtze River Delta blockchain Industry Promotion Center signed cooperation agreements with 13 political, industrial, research and application units and 10 characteristic industry associations last month to lay out the future with the goal of "industrial meta universe".

As the underlying core technology of the "meta universe", blockchain may be the fastest-growing technology in human history. Shanghai is rapidly advancing into the "next generation Internet" by taking advantage of its "east wind". According to the 2021 China urban blockchain comprehensive index report jointly released by the blockchain special committee of China Society of industry and applied mathematics and the blockchain special committee of China Communication Industry Association, Shanghai's blockchain comprehensive index ranks second in China, second only to Beijing. At present, there are nearly 1400 blockchain enterprises with input and output in China, accounting for about 1 / 4 in Shanghai.

Solve the "pain points" of the industry and enable the daily life of blockchain

Blockchain is considered to be the "cornerstone of the value Internet". With the right confirmation and tamper proof properties, it has shown a vigorous development trend in the fields of justice, leasing, carbon trading and so on.

"The introduction of blockchain technology in the judicial field of fairness and justice can be described as a 'hit it off': when public officials handle cases in the field, they can automatically link the collected information to prevent tampering and loss; all kinds of clue information submitted by the parties can be directly linked to make the judicial process more transparent and efficient; remote dispatching, remote command and law enforcement can ensure that the whole process can be traced "Shi Chao, technical director of politics and law industry of Shanghai Jinqiao Information Co., Ltd., said that blockchain related applications have become one of the growth points of the company's business in recent years. At present, the mobile execution platform based on blockchain technology developed by the company has covered 3504 courts across the country, handled 950000 cases online, conducted more than 100000 court remote commands, and logged in more than 16.21 million people.

In view of the "pain points" such as house source verification and multi intermediary right confirmation in house leasing, Shanghai Xuhui real estate market management company took out more than 200 sets of social rental houses to "test the water" on the chain. On the page of "chain should rent" blockchain rental service system, you can browse the information of house supply, landlord, entrusted lease and so on. The rental form filled in by the tenant will be sent to the landlord's mobile phone in the form of digital contract. The landlord can sign the contract after confirmation. The platform will store the blockchain certificate of the e-lease contract.

"The information browsed on the Internet may lag behind, but the information on the blockchain can be kept dynamically updated to ensure that the renter can see real-time real houses." The person in charge of the Housing Leasing Professional Committee of Shanghai real estate economic industry association revealed that the launch of "chain suitable for rent" has also attracted the follow-up of the housing leasing platform "big room duck". It is believed that the blockchain can bring structural changes to the whole housing leasing industry.

Layout in advance, Shanghai takes advantage of the "east wind" of blockchain industry

Shanghai is at the forefront of the country in promoting the application of blockchain. In 2018, Yangpu District took the lead in issuing the blockchain industrial policy to encourage blockchain technology innovation entrepreneurs engaged in non "currency" circles to settle in. Now, a number of leading enterprises such as online new economy and social governance have gathered on the "Changyang show belt".

On the blockchain, a new track leading to the future Internet, all districts of the city are actively laying out. Recently, Jing'an District was selected as the "national blockchain innovation and application pilot", which is the only area selected as the "comprehensive pilot" in Shanghai; On the ecological valley of Shanghai blockchain with a total construction area of 120000 square meters in Shibei high tech park, Shanghai blockchain industrial agglomeration is rising; With the development of "digital Changning" as the core, Changning District attracts the implementation of digital RMB application scenarios in China's first creative industry park; Xuhui district combines the development layout of "one port, one valley, one city and one bay" in Binjiang to build the main force of digital industry

As an incubator of Shanghai Shutu blockchain Research Institute, shangguanyun, CEO of zero one universe, predicts that the company's turnover will increase by 200% - 300% per year in the next few years. The "carbon ledger" technology developed by the company can deposit the carbon emission generated by each equipment on the blockchain, providing a digital starting point for building energy conservation and emission reduction.

Integrate resources, complement the advantages of the Yangtze River Delta and rush to the "meta universe"

The Shanghai blockchain Technology Association, established at the end of 2018, may provide another perspective for "observing" the rapid development of Shanghai blockchain industry: in just three years, this "young" association has gathered 98 think tank experts and more than 300 member units, and its scale is above the middle level among more than 200 associations in the city.

"Blockchain has entered the public's vision and gradually become the 'booster' of industrial innovation. Shanghai has great potential to jointly develop the blockchain industry with the Yangtze River Delta with internet gene." Said Wang Yi, executive chairman of Shanghai blockchain Technology Association and chairman of Shanghai Yangtze River Delta blockchain Industry Promotion Center.

Last year, 18 departments and units including the central network information office organized the pilot action of national blockchain innovation and application. According to the 2021 China urban blockchain comprehensive index report, blockchains will show unique importance in the process of building a "meta universe". On the basis of leading the establishment of Shanghai Yangtze River Delta blockchain Industry Promotion Center last year, Shanghai Yangtze River Delta blockchain Industry Promotion Center signed cooperation agreements with 13 political, industrial, research and application units and 10 characteristic industry associations last month to lay out the future with the goal of "industrial meta universe".

In 2015, Dorsey returned to twitter again and continued to serve as CEO. However, as the CEO of both companies, he was attacked and worried by twitter activist investor Elliott Management Corp. in 2020.

Although it is difficult to predict the extent to which Dorsey's recent departure from twitter was influenced by Elliott, it is reported that Elliott was dissatisfied with his allocation of time between leading twitter and square at that time.

Today, block has become a financial technology company with a market capitalization of three times that of twitter.

Dorsey has long been a supporter of bitcoin. His profile on Twitter is "#bitcoin", but interestingly, he is not keen on other cryptocurrencies.

Previously, Dorsey sold his first tweet in the form of NFT for $2.9 million. After the transaction was completed, he immediately said that he would convert Ethereum's revenue into bitcoin and donate it to givedirectly.

At the bitcoin conference held in Miami last June, Dorsey once again stressed his love for bitcoin. "If I'm not in square or twitter, I'll be committed to bitcoin related work."

At this stage, block, which has multiple bitcoin and blockchain plans, is giving him the opportunity to "show his skills".

Block's financial report for the third quarter of 2021 shows that the company's total revenue is $3.845 billion, and the revenue related to bitcoin in cash app is $1.82 billion, accounting for nearly 50% of the total revenue.

However, during the reporting period, block recognized a bitcoin impairment of $6 million, and its bitcoin investment has recorded three impairments so far.

Blockchain technology, also known as distributed ledger technology, is an Internet database technology, which is characterized by decentralization, openness and transparency, so that everyone can participate in database records. Blockchain technology is not a single technology, but a comprehensive technology system based on the integration of various research results. There are three indispensable core technologies: consensus mechanism, cryptography principle and distributed data storage.

Blockchain technology can build an efficient and reliable value transmission system, promote the Internet to become a network infrastructure for building social trust and realize the effective transmission of value, which is called value Internet. Blockchain provides a new social trust mechanism and lays a new foundation for the development of digital economy. The "blockchain +" application innovation indicates the new direction of industrial innovation and public services.

The foundation of value interaction is the establishment of mutual trust. The revolution of blockchain technology lies in its realization of a new way of trust. Through design innovation at the technical level, the trust relationship between people in the process of value interaction can be transformed into the trust between people and technology, and even some links can be executed automatically by the program, so that business activities can be realized at a lower cost.

Blockchain technology is considered to be the next generation of disruptive core technology after steam engine, power and Internet. If the steam engine releases people's productivity, electricity solves people's basic living needs, and the Internet has completely changed the way of information transmission, the blockchain, as a machine for building trust, may completely change the way of value transmission of the whole human society.

Blockchain will have a huge impact on the existing economy and society, and is expected to reshape the form of human Internet activities.

The recent development trend of blockchain mainly includes the following aspects:

First, upgrade the application mode. In view of the security of the public chain and the increasing transaction volume, and the balance between the current network capacity, the application fields of blockchain in the future will be mainly alliance chain, private chain or hybrid chain. Bitcoin mode increases the maintenance cost of blockchain network, which is not fully applicable to low-value and low-risk transactions. Considering the improvement of efficiency and security, the future will be composed of alliance chain, private chain, or hybrid chain composed of alliance chain and private chain.

Second, centralization. In the future, the blockchain system architecture will be to build a trusted multi center system, promote the decentralized and independent single center to a unified multi center with multi-party participation, so as to improve the trust transmission efficiency and reduce the transaction cost. That is to establish a "trust" ecosystem to meet the occurrence and development of various activities under the environment of asymmetric and uncertain information.

Third, drive application breakthroughs in other industries from financial innovation. The application field of blockchain will start from the fields that require mutual trust between trading parties, but it is not easy to establish trust relations, such as finance, securities, insurance and so on. With the popularization of applications and the improvement of social awareness, blockchain will gradually penetrate into all fields of society. For example, blockchain has been preliminarily applied to political elections, corporate shareholder voting, gambling, market forecasting and other fields.

Fourth, the socialization of smart contracts. In the future, all contractual agreements will be intelligent. The use of smart contracts can ensure the reliable implementation of all agreements and avoid tampering, repudiation and breach of contract. In addition to transforming tangible assets into digital intelligent assets for right confirmation, authorization and real-time monitoring, blockchain can also be applied to intangible asset management in society, such as intellectual property protection, domain name management, point management and other fields.

The outbreak of digital currencies such as bitcoin has promoted the development of its underlying blockchain technology. The cold winter has brought the industry into a period of reflection and precipitation. We look forward to the landing of valuable applications of blockchain and truly create value for the society.

Shang Silin, President of Mars cloud mining and co-founder of Mars blockchain, said that traditional institutions, including some funds, are making great strides into digital mining, and the services of the industry are becoming more transparent and professional, including more and more diversified financial service derivatives.

Max Hu, the person in charge of computing 360 operation, said that there are three obvious trends in digital mining this year and next year: the first is the internationalization of physical mining machines, the second is the refinement and financialization of operations, and the third is the financialization of computing power. The use of financial instruments or the verification of computing power will be discussed in the next stage. Founder of Yunzhi capital

Nicole said that the entry threshold of retail investors in the future market will be higher and higher, and the future must be a game of capital.

Liang Chenchen, CMO of Yuner technology, said that the mining ecology led by mines has been greatly challenged this year. How to really do a good job in their services and understand the pain points of their users may be the core appeal of the providers of mines, mining companies and mining finance.

In addition, for the field of distributed storage IPFs, Qiu Jimin, founder and CEO of gravitational wave technology and founder of computational power China, said that IPFs will soon enter the game of big capital. Don't look at such a thing with a short-term behavior. Don't even look at IPFs as mining. Its focus is on distributed storage, and mining is just its incentive layer.

Sun he, vice president of 1475, said that up to now, the economic model also sees the need for more pledged coins and more funds. Now the company's proposal is called joint mining.

Xiong Chang, co-founder of interstellar continent, said that the best strategy at this stage is to strictly mine or cluster, because it is affected by the filecoin economic model. For retail investors, they can not participate in filecoin mining for the time being.

Zhao Yidan, co-founder of fire news finance and general manager of media business department, told reporters that the fire China tour will be held in many places in the country in the future. The content covers many topics such as industrial blockchain, digital finance and computing industry. At that time, representatives from listed companies, financial institutions, well-known blockchain enterprises, Internet enterprises, academic organizations and other parties will be invited to speculate, promote cognitive upgrading and enable industrial development; In addition, each stop of the fire viewing China tour will set up fire viewing public welfare booths to publicize public welfare projects free of charge, which is worth looking forward to.

On December 7, the financial conduct authority (FCA) issued a "discussion paper". According to this proposal, cryptocurrency investors may be excluded from the UK compensation plan when the company goes bankrupt. In the discussion paper, the regulator said: "In particular, high-risk or alternative investments, such as crypto assets and unlisted securities, may be excluded from financial services compensation plans in some cases." With this in mind, the agency has warned users not to use most companies that sell crypto investments in the past. Nevertheless, the attraction of cryptocurrency has increased to a significant level. In October alone, the UK National Reporting Center received more than 7118 complaints.

1. According to the Central Intelligence Agency (CIA) Director Bill burns revealed that they had established several encryption projects. After the news came out, it triggered a heated debate in the encryption community again, because there was a conspiracy theory that the CIA participated in the creation of bitcoin. In 2020, it was reported that the Swiss encryption company crypto Ag had been secretly controlled by the Central Intelligence Agency and West German intelligence agencies for decades; Michael Morell, former director of the CIA, said publicly in April 2021 The US government must accept bitcoin.

2. According to market news, India is considering setting up a capital market regulator to monitor cryptocurrency.

3. Bank of Thailand: it is concerned about the widespread use of digital assets in goods and services, although it is not illegal.

It was reported on December 7 that Argo blockchain PLC, a mining enterprise, dug 185 bitcoins in November, bringing its total number of bitcoin mining to 1831 in 2021. As of the end of November, it had retained and held about 2317 bitcoins or their equivalents. The company's mining revenue in November was £ 8.29 million, higher than £ 7.24 million in October. Argo stressed that it continued to expand its mining capacity and increased by the end of November Add 310 pH / s to make the total capacity reach 1.605eh/s.

Pork accounts for 60% of the meat consumption of Chinese people. It is not only an important part of the "vegetable basket", but also a key "factor" affecting CPI. Whether its market supply is sufficient will directly affect people's daily life and social stability.

Pig industry is a pillar industry in animal husbandry, and pig is also the most valuable agricultural and sideline product in China, with a market scale of up to 2 trillion yuan, involving many industrial chains such as feed processing, veterinary medicine and vaccine, slaughtering, food processing, logistics, retail, catering and so on. The fluctuation of pork price not only affects residents' consumption, but also affects prices and inflation.

Since last year, the pig industry has suffered a "Waterloo" due to the decline of pig cycle, the impact of African pig plague, improper prohibition and restriction of breeding and other factors. Since July this year, in order to cope with the rapid decline of pig and pork prices, the national development and Reform Commission, together with relevant departments, has listed a total of 50000 tons of central frozen pork reserves and guided all localities to collect and store at the same time, so as to stabilize market expectations.

On November 17, V God released a long article saying that last month, Ethereum's two-tier expansion solution optimism conducted the first round of traceable public goods financing, and a total of US $1 million was allocated to 58 projects to reward the excellent work these projects have done for optimism and Ethereum ecosystem. Overall, I think the first round of optimization financing is successful, the article said. Many interesting and valuable projects have been funded, resulting in a lot of discussion. In any case, traceable public goods financing is still an exciting new experiment of institutional innovation in many ways. This is not only an experiment of non monetary driven decentralized governance, but also an experiment to achieve things through traceability rather than active incentive. Whatever the outcome, I look forward to seeing how this experiment will develop in the next few rounds.

（1） Restricted by current concepts, systems and laws. The characteristics of decentralized, self-management and collective maintenance of blockchain have subverted people's production and life style, weakened the concept of state and supervision, and impacted the current legal arrangements. For these, the whole world is completely lack of theoretical preparation and institutional discussion. Even bitcoin, the most mature blockchain application, holds different attitudes in different countries, which inevitably hinders the application and development of blockchain technology. Obviously, there is still a long way to go to solve such problems.

（2） At the technical level, blockchain still needs a breakthrough. Blockchain application is still in the initial development stage in the laboratory, and there is no intuitive and available mature product. Compared with Internet technology, people can use browsers, apps and other specific applications to browse, transmit, exchange and apply information. However, the blockchain obviously lacks such breakthrough applications and faces high-tech barriers. Another example is the problem of block capacity. Because the blockchain needs to carry all the information generated before replication, the amount of information in the next block is greater than that in the previous block. In this way, the block write information will increase infinitely, and the problems of information storage, verification and capacity need to be solved

（3） Competitive technical challenges. Although many people are optimistic about blockchain technology, we should also see that there are many technologies that promote human development. People will apply the technology which is more convenient and efficient. For example, if the blockchain technology is applied in the communication field, the information is sent to everyone in the whole network every time, but only the person with the private key can decrypt and open the letter, so the security of information transmission will be greatly increased. Similarly, quantum technology can also be achieved. Quantum communication - information transmission using quantum entanglement effect - also has the characteristics of high efficiency and security. In recent years, it has made great progress, which has a strong competitive advantage for blockchain technology.