Deng Yiyun, Chairman of Taiyi Cloud: Blockchain technology is an important engine of the fourth industrial revolution
In the wave of new industrial revolutions based on technology-driven global industrial transformation, blockchains are sweeping across industries, and countries around the world have raised blockchains to national strategic heights. The world's top 500 companies have long laid out blockchains and redefine user relationships, business values, industry scales, and ecological models with blockchain technology. Blockchain is by no means a technological innovation Internet storm, but a major change in the emerging economy and traditional economy, financial industry and market structure that subvert the global industrial chain. On April 29, the 2018 First Global Block Chain Summit Forum was held in Phnom Penh, Cambodia. Many well-known domestic and foreign blockchain listed groups, industry institutions and top overseas investors have participated in the forum. At the meeting, Deng Di, the director of the China Blockchain Application Research and Chairman of Taiyiyun, delivered a speech. Dundee stressed that the time to use the blockchain to blindly engage in bubble speculation has passed, and the next step must be to rationalize the blockchain landing and application. Dundee believes that blockchain technology is not only the result of the fourth industrial revolution, but also an important engine for the fourth industrial revolution. Blockchain technology is not a mere technology, but a product of a mix of finance and technology. To some extent, it is both productivity and production relations. And in the blockchain era, entrepreneurial, financing, and final application scenarios in related fields will occur globally. Dundee also talked about the future direction of the blockchain. Blockchain can combine consumer cash flow, trader cash flow, and investor cash flow to create a super-tradable market. The blockchain can also be more deeply integrated with artificial intelligence, intelligent manufacturing and the sharing economy in the future. In addition, medical pensions, food traceability and national governance will be the first blockchain applications. He also predicted that as the liquidity of the entire market increases, as the whole society wakes up the blockchain consciousness, more and more physical assets and real economy will be injected into the economic ecology. Such an economic and ecological future will become the best foundation for the further improvement of the entire blockchain system. For details, please see the full text of the speech: Hello everyone! I am very happy to be able to communicate and share with you in the blockchain today. We just saw that the theme of today's conference is the Belt and Road and blockchain. I think I have already gone through many places, including Thailand, Myanmar, Malaysia, and the Philippines. I feel like Cambodia has to enter the entire blockchain wave. I am very happy to be here. From my point of view, I very much agree with what Mr. Xue said just now. The time for blind bubble speculation has passed. The next step must be to rationalize the blockchain application and application. We can see that from the underlying technology of the blockchain, some interesting changes have recently taken place. First of all, we saw a small country, Malta, with an area of ​​only 300 square kilometers and a population of only 30,000 people, but it has recently become the world's largest digital asset trading country. In just one month, it has surpassed mainstream powers such as South Korea and Japan. Second, we saw EOS's recent campaign. In the bitcoin era, the blockchain was mysterious. In the Ethereum era, we finally realized that a blockchain system could have founders. The founder of Ethereum has become a god-like figure, even if it is a god-like character, there will be mistakes. Therefore, Ethereum also carried out community division. When EOS appeared, the super-node campaign, from the initial anarchy, to the era of dictatorship, to the era of democratic elections, the block not only innovated at the technical level, but also at the governance level. . Many people think that the blockchain has a great relationship with the fourth industrial revolution. We found from the speech of the founder of the Davos Forum that he believes that the blockchain technology is an important achievement of the fourth industrial revolution since the invention of steam engines, electricity and computers. In my opinion, blockchain technology is not only the result of the fourth industrial revolution, but also an important engine of the fourth industrial revolution. Blockchain technology is not a mere technology, but a product of a mix of finance and technology. To some extent, it is both productivity and production relations. The economic revolution like the Nobel Prize winners sometimes has to wait for the financial revolution. Why did the first industrial revolution happen? His main technological innovation lies in the invention of the steam engine, which is the first time human beings can get rid of pure natural energy and use power at any time and any place. However, after the steam engine invention was also carried out for a period of time, the real large-scale application still has to wait until the corresponding capitalist system is matched, and the corresponding capitalist system has been used until today. Including the glorious revolution in the United Kingdom, the efficient tax system, national debt, bank credit, the emergence of the London Stock Exchange, the stock market, the corporate bond market, the first time the company can profit as his valuation, the market is cheap funds. Low-cost funds have promoted large-scale industrial revolutionary production, and factories and mines require large investments, which were previously not funded. Whether China is in the late Ming Dynasty or the late Qing Dynasty, capitalism sprouted, but most of the funds relied on private lending, so our Chinese industrial revolution did not really happen and develop. The technological breakthrough of the second industrial revolution was the invention of electricity. There is a very large historical opportunity for the first time in the Americas to be included in the global market of human beings. The vast land, rich resources, and the European continent were in a period of chaos, the continent of Europe. Funds, technicians, and a large number of workers will immigrate to the American continent and begin a journey in the New World. For the first time, a global capital market was formed. And the global capital market has also brought the world together very closely. The third industrial revolution was the main driving force, and its technological impetus came from semiconductors. Without semiconductors, there is no IT industry, no chip industry. Based on semiconductors, the information industry has emerged. The information industry includes technologies such as the Internet, cloud computing, big data, and the Internet of Things. These technologies have been used today to provide a variety of new impetus to society. The development of computer information network technology to the cloud computing stage can be said to have reached an unprecedented peak. Just like Xue Manzi’s teacher asked everyone at the venue to use WeChat, basically everyone raises their hands at the venue. Everyone is WeChat heavily. user. The third industrial revolution also encountered bottlenecks. Most of the data, most of the users, most of the information flow and capital flow were concentrated in the hands of a few giants. These giant avatars have Ali, his Alipay, Taobao. Alibaba, including the Tencent Department, has his Jingdong, WeChat, these data oligarchs have undergone profound changes in the entire ecology, recalling that VC and PE were the mainstream of market investment 20 years ago. All cafe entrepreneurs are talking about going public, financing, and going to the Nasdaq to ring the bell. Today, the ideals of many entrepreneurs are not listed separately, but sold to Ali and Tencent. Now the entire industrial ecology has undergone a very profound transformation. If this continues, social innovation may suffocate. The core areas of the third industrial revolution are very, very limited, namely Silicon Valley and Zhongguancun. After leaving Silicon Valley and Zhongguancun, more than 3 kilometers and 10 kilometers, I could not hear about information technology, Nasdaq, and such rhetoric. I am very experienced with this. But in the blockchain era, we can see that he is completely a distributed, multi-center, global entrepreneurship. We are not surprised to say that we are meeting in Cambodia today, and tomorrow may be in Laos, Myanmar, or other African countries. The country, we are not surprised to say that there may be Israeli entrepreneurs, South African entrepreneurs, Russian entrepreneurs, and we are not surprised that the investment we receive today may be from Indian investors, possibly from South America. People may also come from Taiwanese investors. In the era of blockchain, its entrepreneurship, its financing, and its final application scenarios are happening globally. The fourth industrial revolution has a remarkable feature. The return period of investment in many industries far exceeds the time that VC and PE can tolerate. Everyone has been talking about artificial intelligence recently. Artificial intelligence is an industry that only Gao Fushuai can participate in. For example, there is a company called MOBIX. This company has no income for ten years. Only the most patient investors, the most high-end entrepreneurs can continue to raise funds and support themselves in the process. This type of entrepreneurial return period is very long, including biology and medicine. What to do, how do they finance? There are also black technology movies that often see the future world immersed in virtual reality. No one in the room wears Google's glasses and VR, indicating that virtual reality is still far away from our lives. Including shared bicycles, they need a lot of investment. With the traditional VC, PE model, can the traditional model solve the funding problem? It is also doubtful. Blockchain can combine consumer cash flow, trader cash flow, and investor cash flow to create a super-tradable market. This is the current global digital asset distribution map. At the earliest, my words were equivalent to the industry's heterogeneous. At that time, everyone thought that the blockchain application should be carried out on the bitcoin supply. This was almost the consensus of the industry four years ago. I proposed that the total amount of global digital assets in the future will be much larger than the market value of Bitcoin. The market value of Bitcoin is still growing and remains the benchmark for global digital currencies. But more and more emerging digital assets are entering this market, and the growth rate is much higher than the growth rate of Bitcoin. First, Nasdaq is considering the traditional digital currency of Bitcoin. In the future, the equity of our company may soon be blockchained, whether it is Nasdaq or the Australian exchange, or the Hong Kong Stock Exchange. Ye Hao, Shenzhen Stock Exchange, and all stocks will become digital assets in the future. There is no single trading market. In the future, each trading market may be interoperable. In addition, it is a commodity market. The oil coins issued by Venezuela are supported by oil. Then there are gold and various commodities, which are quickly tokenized. The second category is emerging assets. These emerging assets first include traditional intangible assets. These assets are difficult to conduct cross-border transactions and authorization. Like patent technology, it is often negotiated between two giants, saying that my patent value is 100 million US dollars. The value of 200 million US dollars, after a talk, reached a compromise, forming a transaction price. Real patent licensing and usage is difficult to track and trace. Through blockchain technology, how many patents we use for each device, we track it so that the patent license can be traded. The third category is the financial derivatives market, including ABS, REITs, and they are also rapidly being blockchained. There is also a money market, the money market is a super-quantity market, each country is conducting national digital currency research, and some countries have announced the development of national digital currency, once it enters the global blockchain market, the liquidity brought The counterparties are massive. We can see that when these four traditional assets enter the world of blockchain, he will bring a lot of physical assets and real economy in our traditional world. The most cattle companies are still in the stock market, and once they enter the global market, liquidity will be greatly improved. Let's talk about the combination with artificial intelligence. Nowadays, there are a large number of artificial intelligence application cases looking for application scenarios, but their promotion and use will be a complicated situation. After connecting a large number of artificial intelligence algorithms through blockchain technology, they will connect with big data. Artificial intelligence, blockchain, and big data will form a very interesting triangular relationship, and big data can be used as a new economic production data. Artificial intelligence can become the most important productivity of the new economy, and the blockchain becomes the connection between the two. In addition to storage and computing power, our storage and computing is still based on cloud computing, including Alibaba Cloud, including Amazon AWS abroad, everyone no longer talks about renting a single server, but on the cloud. But the future blockchain system will be able to put storage computing power on the Internet, decentralized deployment and exchange. This year everyone is also very concerned about which types of blockchain applications will land first. Small and medium-sized countries have adopted blockchain technology to make some improvements in national governance. For example, Estonia, which is familiar to everyone, is the first country in the world to propose a digital citizenship program. That is to say, by applying online to become an Estonian digital citizen, you can get an electronic ID card, which allows you to start a business in an EU country. This digital citizenship program has been welcomed globally since its inception and is now growing faster than the birth rate of Estonian nationals. In the future, Estonia will become a digital citizen in the mainstream. Georgia is also a typical example. Some countries have relatively small land areas and poor infrastructure. They are vulnerable to war and natural disasters and destroy their information infrastructure. In Haiti, for example, after a major hurricane attack, the entire Haitian government was completely displaced, and all computers and information facilities inside were destroyed. The whole society is in a state of wildness. No one knows how many places I have, which house or not, and this time the society becomes primitive. Georgia uses blockchains to make land claims, which also makes it impossible to affect the nature of the land even if it encounters any natural disasters or major wars. Including the Caribbean, we are also working with WBO to transform the local financial infrastructure through blockchain. The Caribbean is made up of a series of island countries that are not particularly large, except Cuba. The local offshore economy is particularly developed, with a large number of offshore companies, such as Cayman and the Virgin Islands, which are offshore companies. Many local financial institutions have withdrawn, and the local Caribbean people are using these financial services. There are big problems, there is no way to open an account, or opening a account requires very strict audit procedures. In these countries, the blockchain is their best way to change. In the future, the blockchain may replace these financial infrastructures and become a necessary or just-needed means of operation in less developed countries. In some countries, blockchain is just a icing on the cake or a future pre-research, but in some countries it is really life-saving. For example, insurance companies will not go to countries like Vanuatu. They have a major natural disaster every ten years, such as typhoons and tsunami. How to provide financial services to people in these countries through blockchain and insurance. . This is also the scene where the blockchain can be well laid. This is where Puerto Rico is already exploring the relevant blockchain insurance applications. In Taiwan, China, an airline called Far Eastern Airlines, is in the process of the first airline ICO. They are raising $350 million and the funds raised will be used for aircraft purchases. So you can see a lot of companies and consortia that are big in developed countries, and they are beginning to announce the use of blockchain technology. Including the recent hearing of ADB, it may also be necessary to issue blockchain. Once he does ICO, his size and volume should be more than ten times that of Taiwan Airlines. Including Japan, behind China in the field of Internet payment and mobile payment, he always wanted to surpass China in blockchain technology. Through the joint release of JCOIN by more than 30 Japanese banks, it is hoped that blockchain payment will be realized through JCOIN. Including the EMBER issued by Dubai, the next trip will go to Dubai to participate in the Dubai Summit. At the same time, the opening of the first office in Dubai will be released recently. We have done many cases in China, including the Chinese food chain with COFCO, Zhongshi, Zhongmu, and the first attempt in the Yinzhou area of ​​Jiangxi. Cooperation with Chain Orange will soon expand into other areas of society, introduce more participants, and even introduce a super-node mechanism to make China's food chain governance decision-making mechanism more transparent. The Chinese medical chain is also a blockchain project implemented in Shanghai. The results of physical examination from one hospital to another cannot be universal, but using blockchain technology, data and information sharing networks can be established in different hospitals. Including genetic engineering, we have a very valuable data for everyone in our genetic data. If I know your genetic data, what diseases I may have for your future, including what common diseases your child will have, and even how long your life expectancy will be in the future, these data are wanted in many places, especially It is the medical insurance company that wants this data very much. However, the genetic order is currently very expensive, and it takes 5000-6000 RMB for a gene sequencing. But if we use blockchain technology, we can reduce the cost to 1/10, 500 to 600 yuan for a whole body gene sequencing. The cost of a large number of gene sequencing is spent on promotion and marketing. If blockchain technology is adopted, these costs can be greatly reduced. If everyone in the future has their own genetic passport, he can be your unique identity. Even for what you should be in love with in the future, what kind of work should be chosen, genetic data can be used for your reference. Smart manufacturing is also a very hot field. For example, all manufacturing processes are now initiated by a big brand, including Apple and Tesla. They will only launch one product for a while, because there is no way for industrial production. Realize flexible production and flexible manufacturing. In the future, blockchain technology can be used to carry out blockchain products and product crowdfunding. It distributes it to all application links through tokens, and ultimately to consumers. A wide range of products can be produced at one time. In the future energy field, we can also use blockchain technology to carry out interactive energy. Because we know that in the traditional energy field, energy providers and energy users are one-way. If you are a power plant, you can’t be a power user. . But in the new energy field, you may be a generator during the day and become a pure user at night, which will make our settlement network very complicated. Through the blockchain technology, we can make a real global energy Internet through two-way interaction and even across national boundaries. This is also a very important role for the blockchain in the global energy landscape. The other is the blockchain and the sharing economy. The sharing economy has always appeared as a social resource integrator, but we finally found that these so-called social resource integrators eventually became cloud service providers, like the shared bicycles we know. Whether it is Mobai or Xiaohuang cycling, it is not to use the idle bicycles to achieve social transportation savings. Instead, it uses a similar model to cloud computing, and purchases bicycles for social citizens. So now the economy is shared. Not a true sharing economy, it may be more appropriate to call a cloud service. The real sharing economy should be through the blockchain technology, so that distributed resources can be connected to the Internet. Including a project in Canada, he invested in a number of homestays to form a trading network using blockchain technology. Ctrip hotel booking fees are very high, if you do a home, 400 yuan or even 500 yuan must be given to Ctrip. The space here is very, very large. If you use blockchain technology, not only in the above hotel, you can get the reservation fee on the above, and even get extra tokens. In both cases, the blockchain decentralization system may surpass the traditional Ctrip reservation system. Including the INN project, it is also a global homestay integration. Mr. Xue has invested in a lot of homestays in Japan and Thailand. Once activated by blockchain technology, these homes are likely to live in this future. In summary, last year, the blockchain market may be dominated by air currency and conceptual speculation, but this year, as the liquidity of the entire market increases, as the whole society wakes up the blockchain consciousness, it will come later. The more physical assets and the real economy are injected into the economic ecology. Such an economic and ecological future will become the best foundation for the further improvement of the entire blockchain system. I also hope that we can see more blockchain applications in addition to transactions in Cambodia, and more blockchain companies can combine the real economy, virtual economy and tokens. 19 Inch Aio,All In One Computers,Touchscreen Desktop Computer,All In One Pc 19 Inch Guangzhou Bolei Electronic Technology Co., Ltd. , https://www.nzpal.com
