The just-concluded 6th Wanxiang Blockchain Summit discussed in-depth topics such as blockchain core technology, application landing, and integration and innovation with other key technologies.
Original title: “A gathering of professional opinions and a collision of new ideas, “Integrated Innovation” The 6th Wanxiang Blockchain Global Summit came to a successful conclusion! 》
Author: Wanxiang Blockchain
On the afternoon of October 28, the 6th Wanxiang Blockchain Global Summit hosted by Wanxiang Blockchain Lab ended successfully at W Hotel on the Bund in Shanghai. In the two days from October 27th to 28th, this summit invited nearly 80 leaders of blockchain and related industries with international influence, and through 38 keynote speeches and 11 roundtable discussions Blockchain core technology, application landing, integration and innovation with other key technologies, and other hot topics are currently widely concerned by blockchain and related industries at home and abroad.
For the first time, this summit adopted the simultaneous online and offline method to break through the boundaries of time and space and build a free communication platform, presenting a wonderful feast of the blockchain industry for global blockchain practitioners and enthusiasts.
In recent years, in the process of continuously optimizing the technical architecture, the blockchain is also preparing for large-scale applications. However, blockchain can only be a problem in a certain link in application scenarios, and it is urgently needed to integrate with the new generation of new digital technologies such as the Internet of Things, artificial intelligence, 5G, big data, and industrial Internet to create complete application solutions and innovative upgrades. Existing business model.
Therefore, with the theme of “Integrated Innovation”, this summit set up the main venue on October 27 and the three themed forums of IoT 3.0, distributed cognitive industrial Internet and digital finance on October 28, sharing the blockchain Professional opinions and new trends of thought related to the industry itself and the integration of blockchain and core industries in the digital age.
Highlights of the main venue of the summit on October 27th
At the main venue of the summit on October 27, a number of industry leaders predicted the development trend of blockchain applications. Ma Zhitao, Vice President and Chief Information Officer of WeBank, said in a speech titled “Building a “New Infrastructure” for the Digital Economy to Unleash Data Productivity” Form a digital “new infrastructure” solution. Wei Qing, CTO of Microsoft (China), also said: “What any large company wants is not a blockchain solution, but a set of end-to-end digital reengineering solutions.” These views emphasize the blockchain and The importance of the integration and innovation of other new technologies has also provided strong support for the ultimate conjecture about blockchain applications put forward by Dr. Xiao Feng, chairman and general manager of Wanxiang Blockchain in the keynote speech, namely, future blockchain applications The ultimate model should be to let the blockchain integrate various new technologies, sink into a public infrastructure, lower the threshold for entrepreneurship, and stimulate great applications.
At the same time, the leaders of well-known blockchain projects at home and abroad, such as Ethereum, Polkadot, Filecoin, and Qtum, also participated in the discussion at the main venue on the first day of the summit through a combination of online and offline methods, and shared with you the technical characteristics and technical features of these projects. latest progress. Vitalik Buterin, the founder of Ethereum and chief scientist of Wanxiang Blockchain Lab, introduced the latest development of the Ethereum Layer 2 protocol and revealed that the first phase of Ethereum 2.0 will be released in the near future. Gavin Wood, the founder of Polkadot, stated in his speech “2020: Towards the Polkadot Parachain” that Polkadot is the next generation of blockchain technology, a heterogeneous sharding network, which brings many new functions and possibilities. All these functions have not been implemented in any blockchain.
Juan Benet, the founder of Protocol Labs, believes that the value of Filecoin lies in its ability to distribute cloud storage from a small number of centralized providers, provide users with complete control over data, and transform data storage prices into effective market pricing, rather than by A company’s pricing department decides. Shuai Chu, co-founder and CEO of Qtum, summarized the progress, bottlenecks and future development directions of public chain technology in his speech, and shared the progress of Qtum’s multiple core technologies.
It is worth mentioning that Qu Junjie, CTO of PlatON, Vitalik Buterin, Founder of Ethereum/Chief Scientist of Wanxiang Blockchain Lab, Juan Benet, Founder of Protocol Lab, and Gavin Wood, Founder of Polkadot The online approach crossed the boundaries of time and space and gathered at a roundtable discussion entitled “The Innovation Road of Public Chain Technology”, discussing core issues such as blockchain privacy protection, zero-knowledge proof technology, parachain technology, and distributed storage technology.
Highlights of the theme forum on October 28
On October 28th (the second day of the summit), three themed forums of IoT 3.0, distributed cognitive industrial internet and digital finance discussed how to integrate blockchain with new technologies such as IoT, artificial intelligence, big data, and 5G Innovation empowers core industries in the digital age.
Internet of Things 3.0 Sub-forum
The Internet of Things 3.0 sub-forum is composed of four key words: blueprint, cornerstone, creation, and future, from the definition of Internet of Things 3.0, the technology and industry value of Internet of Things + blockchain, and the construction and improvement of China’s Internet of Things trusted infrastructure , The practical exploration of the implementation of blockchain + Internet of Things, and the prospect of the future of the Internet of Things society lead everyone to clarify the origin and destination of Internet of Things 3.0.
The speakers participating in the IoT 3.0 sub-forum generally agreed that the severe challenge facing the IoT is the fragmentation of the industry ecology. As Tang Bo, the chief scientist of Changhong Information Security Lighthouse Laboratory, said, the biggest obstacle of the Internet of Things in the To C scenario is cross-platform interoperability, while in the To B scenario, the new and old data are incompatible, which leads to deviations in data interaction. This fragmentation will increase various costs such as production, logistics, maintenance, and installation, and hinder the promotion and development of the Internet of Things.
Dr. Chen Xiaotian said that the distributed, traceable, and sharing mechanism of the blockchain can precisely help the Internet of Things solve data security and sharing issues, capitalize and financialize data, and bring trust between equipment and partners, thereby save costs.
Distributed Cognitive Industrial Internet Sub-forum
The Distributed Cognitive Industrial Internet Sub-forum introduced in detail the roles played by the three new digital technologies of blockchain, privacy computing and knowledge graphs in the distributed cognitive industrial Internet from multiple perspectives of theoretical interpretation, industry application and standard formulation. Shared the application cases of blockchain in traditional manufacturing, electric energy and other scenarios.
Wang Yunzhen, CEO of Wanxiang Blockchain, pointed out that data islands and process-driven models hinder the digital transformation of traditional manufacturing, which is both a challenge and an opportunity. Integrating blockchain with industrial Internet and artificial intelligence to create a distributed cognitive industrial Internet will help promote the traditional manufacturing industry from process-driven to data-driven, establish a digital full life cycle management model, and accelerate the digitization of traditional manufacturing. At the same time, Mr. Wang also shared in his speech that the ultimate vision of the distributed cognitive industrial Internet is to promote the integration of distributed cognitive technology, solve the problems of data flow and value exchange, and give full play to the added value of the technology.
Xie Hongjun, Chief Operating Officer of Matrix Yuan, shared the case study of how blockchain and private computing will develop from trusted digital identity, trusted digital ownership, trusted data connection and sharing, trusted edge computing, trusted industrial distributed ledger, The eight aspects of visual smart retail, efficient multi-party collaboration and flexible supervision portal empower the Industrial Internet.
Wu Kaiqi, the chief algorithm expert of Tonglian Data, interpreted the difficulties in the implementation of the distributed cognitive industrial Internet from the perspective of knowledge graphs, that is, the need for data to objectively reflect the data sources in the industrial Internet. Furthermore, there is a need for a cognitive Internet graph data layer that makes it easier for computers to understand.
Xiao Zhe, president of Black Lake Manufacturing, and Wang Dong, head of Blockchain of State Grid, shared how blockchain can empower traditional manufacturing and power energy fields based on their own business.
Digital Finance Sub-Forum
The digital finance sub-forum focused on industry hot topics such as DeFi and legal digital currency, and discussed how blockchain can empower the digitalization of the financial industry.
Nervos Chief Architect Xie Hanjian said that the future blockchain world or digital financial world will be built on a multi-chain environment, so the blockchain world must solve interoperability issues.
Dominic Williams, chairman and chief scientist of Dfinity, analyzed the difference between the Internet and the blockchain. Internet computers provide a seamless and unstoppable world for software and data. In this world, systems can interact with each other at zero cost, but systems can keep their data private. This is also very different from the traditional blockchain we talked about. You can use Internet computers to build open versions of Internet services, such as Uniswap and Uber, and you can also run an enterprise system, which is similar to some open Internet services. For interaction, you can also build a website, you can build DeFi, or you can build a pan-industry platform.
As an international blockchain industry event to meet with you every fall in Shanghai, Wanxiang Blockchain Global Summit has entered its sixth year. This blockchain event has always been talked about by peers and enthusiasts in blockchain and related industries with internationally influential speakers and key issues in the industry. We will uphold a serious and professional attitude, and lead everyone to follow industry trends and seize industry opportunities with rich and diverse experience activities and in-depth exclusive dry goods knowledge.
The development of blockchain technology is in full swing, and application innovation is in the ascendant. In the near future, can blockchain truly grow into a public infrastructure, empowering more industrial transformation and upgrading, and seizing new opportunities in the digital age? I look forward to working with you at the summit next year to continue to focus on industry hotspots and keep track of the industry pulse. See you next year!
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