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Ma huateng: blockchain fully embraces the industrial Internet

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Tencent started research and exploration in the field of blockchain as early as 2015.

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Industry block chain: an important breakthrough for independent innovation of China's core technologies by ma huateng

BlockBeats beatsIn April 2020, tencent officially published the book "industry block chain". Ma huateng, chairman of the board of directors of tencent, explained the significance of the industry block chain in the book. Blockchain technology architecture and unique solutions to a series of problems are bringing innovation and inspiration to all walks of life in digital transformation and upgrading. The full text is as follows:

Over the past 50 years, the Internet has evolved from a toy for a few academics to an indispensable tool for the daily lives and work of billions of people around the world. The development of the Internet in China is even more rapid. In just over 20 years, our Internet users have grown from nothing to more than 800 million, and we have successfully realized the leap from PC (personal computer) Internet to mobile Internet.

In the last decade, more and more people have gone from finding a fixed place and time to be online to being online anytime, anywhere. Just as cell phones are becoming more pixelated, so is the physical world's mapping to the digital world. The digital world that the Internet has opened up for us is becoming richer and larger, and increasingly integrated with the physical world. Today, our Internet service is not only to meet the daily needs of individual users, but also to gradually meet the daily needs of commercial organizations including industrial manufacturing enterprises and a large number of public sectors, from the development of consumer Internet to industrial Internet.

In this process, we found that the industrial Internet not only refers to the information resource network commonly used in the past, we also need at least the computing resource network which can flexibly process the mass data anytime and anywhere, and the trusted resource network which facilitates the deep sharing and collaboration. That's why, like the early days of the Internet, there's so much hope for cloud computing and blockchain.

With the help of cryptography, consensus algorithm, distributed storage and other technologies, blockchain combines a new method of data sharing, which reduces the information asymmetry of the whole system through the measures of data transparency, non-tampering and collective maintenance, so as to promote a new trust mechanism. This will help data, a new factor of production, be more reasonably Shared and distributed for the benefit of the economy and society. Blockchain technology architecture and unique solutions to this series of problems are bringing innovation and inspiration to all walks of life in digital transformation and upgrading.

Over the past year, we've seen more and more businesses going to the cloud, as well as more people going online, and some businesses and products going to the chain.In October 2019, the central government stressed that blockchain should be regarded as an important breakthrough in independent innovation of core technologies, and the development of blockchain technology and industrial innovation should be accelerated.Today's blockchain is expected to surpass bitcoin, away from the fanatical hype, down to earth, starting at the bottom and climbing the long slope of the industrial Internet.In particular,After the outbreak of COVID-19, the central government has raised the "new infrastructure" to a new height.Blockchain is being organically integrated with cloud computing, 5G (fifth generation communication technology) communications, artificial intelligence and other information technologies to form an important infrastructure of digital economy and smart society. These new infrastructures are bound to profoundly influence and reshape our economic, financial and social governance models. Like electricity consumption in the industrial age, the future "chain capacity" may be combined with "cloud capacity" to become an important indicator of the economic society in the digital age.

Tencent started research and exploration in the field of blockchain as early as 2015. Over the past few years, we have made extensive application attempts in the fields of electronic invoice, supply chain finance, commercial bank bills, judicial deposit certificate, electronic certificate and photo, public welfare finder, digital content protection, product traceability anti-counterfeiting, medical prescription circulation and so on. In particular, under the guidance and promotion of the tax authorities, shenzhen issued China's first blockchain e-invoice in 2018 and carried out the pilot promotion of blockchain e-invoice. In the process, tencent provides the underlying technology and capabilities. By February 2020, blockchain e-invoices had been widely used in hundreds of fields such as public transport, government affairs and people's livelihood, finance and insurance, retail catering, and Internet services, with more than 16 million invoices issued. Ordinary users through WeChat can be in the consumption, payment generation or scanning code generation block chain electronic invoices, merchants can also open the application ticket on WeChat. This not only saves consumers and merchants a lot of time and energy, but also effectively solve the invoice difficult to verify the true and false and one invoice overstatement management problems.

We also see,Blockchain technology is far from mature and there are a lot of challenging issues to be solved."Industry blockchain" tries to discuss the current development trend of blockchain technology in the world and the possibility of its application in various industries. These contents are not only the summary of previous attempts, but also the beginning of future exploration.