According to media reports, China has embarked on establishing a national standard for blockchain to promote the construction of a blockchain standard system from the top-level design, which is expected to be completed by the end of 2019.
Li Ming, director of the blockchain research department of the Electronics Industry Standardization Research Institute of the Ministry of Industry and Information Technology, said in an interview that the current national standard plan for blockchain has been announced, and relevant departments will also set up a national blockchain and distributed accounting technology standardization committee.
Li Ming revealed that the blockchain national standards include basic standards, business and application standards, process and method standards, credibility and interoperability standards, information security standards, etc., and will further expand the applicability of standards.
"The development of blockchain technology will become an important step for China to grasp the opportunities of global science and technology competition." Yu Kequn, director of the National Information Technology Security Research Center, said at the 2018 Blockchain Security Summit. He pointed out that the blockchain is believed to lead a new round of technological innovation and new industrial development, and the momentum is rapid.
Yu Kequn pointed out that blockchain technology, as a new integrated application of distributed data storage, peer-to-peer transmission, consensus mechanism, encryption algorithm and other technologies, has the characteristics of decentralization, openness, tamper resistance and anonymity. “It can be applied in the production chain, management chain, and transaction chain, which will bring the entire life cycle reconstruction to different fields, so that the life cycle can be managed and traced.â€
In fact, BAT has already begun to lay out blockchains. Ali has partnered with PricewaterhouseCoopers to announce the application of blockchain to create a transparent and traceable cross-border food supply chain. Tencent and the China Federation of Logistics and Purchasing signed a strategic cooperation agreement, officially landing the logistics scene. Baidu Finance and other financial institutions jointly released ABS projects supported by blockchain technology, with a scale of 424 million yuan.
At the same time, in terms of banks, Bank of China, China Construction Bank, ICBC and ABC have also begun to develop blockchains for poverty alleviation, international trade, housing leasing platforms, e-commerce supply chains, and service areas in Xiong'an New District. ICBC pointed out in its annual report that it actively explores application scenarios such as blockchain, artificial intelligence, and Internet of Things, and uses blockchain technology to promote transparent management of construction funds in Xiong'an New District; CCB proposes to take the lead in realizing domestic credit in the industry. Inter-bank and cross-border application of blockchain in the field of international insurance and factoring; Agricultural Bank applies blockchain technology to e-commerce supply chain finance, and promotes the construction of financial digital point system to create blockchain integration system; Bank of China launches trade financing Blockchain applications and biometric technology applications such as fingerprints, finger veins and voiceprint certification.
Shen Yunshi, secretary-general of China's cloud system industry innovation strategy alliance, said that IBM, the symbol of US technology strength, also bet on the blockchain. In its 2016 report, it predicted that 14% of financial market institutions and 15% of banks will adopt in 2017. Blockchain technology commercial solutions, 65% of banks will use blockchain technology within three years.
Hu Guangjun, deputy director of the Information Security Department of the First Institute of the Ministry of Public Security, said that in the future, the physical world and the relationship with people will be included in the entire blockchain ecosystem. He revealed that the department is currently considering how to apply blockchain technology to the public security field.
For example, the blockchain technology is used to store the evidence chain of the case; the blockchain can be used to enter the whole process through the identity of the blockchain.
Although the application prospects of blockchain are favored by all parties, it should be noted that the blockchain in the early stage of development is not perfect. Yu Kequn said that there are many challenges to its security issues. The Blockchain Industry Security Analysis Report released by the White Hat Exchange Security Institute shows that from 2011 to April 2018, losses due to blockchain security incidents worldwide amounted to $2.864 billion. In the past two years, the amount of related losses has increased exponentially. Since 2018, the amount of losses has reached 1.9 billion US dollars.
Deng Huan, head of the White Hat Exchange Security Institute, said that as the value of the information economy continues to rise, attackers are encouraged to use a variety of attacks to obtain more sensitive data. "At present, the most widely used virtual currency in blockchain technology has been exploited by hackers to cause huge losses."
In this regard, Zhao Wu, founder of Beijing Huashun Xinan Technology Co., Ltd., said that although the blockchain has subversive technological potential, we must realize that the blockchain is still in its infancy and far from reaching the stage of subverting the world. .
Yu Kequn stressed that the independent and controllable blockchain network is not technically acceptable to people, and can also promote the healthy development of blockchain. Security is the future life of the blockchain. Only its own security can make the blockchain technology fall. This requires us to develop the security attributes of the blockchain technology at the same time, and even advance development.
In this regard, Li Ming also said that an important part of the standard is the standard of information security, and the importance of security for blockchain technology can also be seen. He also pointed out that the formulation of blockchain standards does not mean that it will promote the development of the industry quickly, but give the industry certain guidance. Previously, China had suffered a lot in international intellectual property rights and standards. In terms of blockchain, China has now formed more than 200 patents in the international blockchain, and has even stood at the forefront of world technology. Therefore, we also need to firmly grasp the right to speak.
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