From the second generation of blockchain technology to the third generation of blockchain technology, from public chain, alliance chain and then to private chain, from technology platform to DApp, from side chain, cross-chain and then to sharding, from wallet to exchange, blockchain technology has been progressing.
The “Internet celebrity effect” of blockchain is generated not only because of its brand new technical solution, transaction mode and business logic, but also because of its brand new institutional mechanism. Blockchain technology has been out of control, start-ups, giant companies and other layout of blockchain. What are the typical cutting-edge r&d experiences of blockchain in 2018 worth referring to? What blockchain technology application scenarios have been implemented? What are the future trends of blockchain technology?
Let’s take a look at the directors and technical experts at higher levels represented by well-known traditional large Internet enterprises or well-known start-up upstarts in the blockchain field. What are the real and solid blockchain application cases and experiences worth sharing with us in the blockchain technology?
Application scenarios and technologies
We are in the midst of the blockchain craze. Many enterprises and organizations are actively engaged in the application and practice of blockchain technology while calmly watching the cryptocurrency bubble. As a technology consulting firm, ThoughtWorks is often asked by clients from a variety of industries for help with blockchain use cases, platform selection and implementation practices. We find that the industry has too many expectations for blockchain technology, holding a hammer to find a nail mentality. Many scenarios can be solved by more mature technologies and are not the best application scenarios for blockchain.
This topic will share how to evaluate and select the right application scenario; After determining the problem space, how to deduce and select the appropriate blockchain technology based on business requirements and constraints; We will also share the problems and challenges we often encounter in our practice.
Technical and traceability business practices
As early as 2016, JD Group fully launched the application exploration and RESEARCH and development practice of blockchain technology in JD business scenarios, and successively implemented different blockchain applications in data transaction, supply chain management, financial technology and other fields.
This time mainly explains jd blockchain technology and BaaS platform, and the application of blockchain in supply chain traceability, how to combine blockchain with business, how to collect tangible commodity information and flow information in the supply chain to achieve the purpose of traceability and anti-counterfeiting. Share the application experience and problems of blockchain technology, the future development trend and direction of blockchain traceability, and the pain points in traceability business.
IPFS
IPFS is a globally oriented, point-to-point distributed version of the file system that attempts to link together all computing devices with the same file system. IPFS networks have become a subnetwork of the Internet, and it is hoped that IPFS and Filecoin technologies will eventually replace HTTP as the next generation of the Internet.
This speech will start from the development history and existing problems of HTTP, the traditional Internet protocol, and finally explain how to create a more secure, faster and more open Internet through IPFS and Filecoin, so as to improve the use experience of the Internet from two dimensions of technical principles and application solutions.
Sharding technology and secure smart contract language
As a new public link, Zilliqa aims to provide a safe, reliable and scalable platform for high-throughput applications. Using innovative cryptography and consensus protocols, Zilliqa became the first project in the world to implement sharding technology in blockchain, enabling transaction speeds to increase as the network grows. In its latest tests, Zilliqa was able to process more than 2,800 transactions per second, more than 200 times faster than current mainstream blockchain platforms. At the same time, Zilliqa has also designed a new formalized and verifiable smart contract language, Scilla, to provide a more secure and efficient architecture for smart contracts.
In this talk, we will take you through the current major public chain expansion methods and their pros and cons. We will share how Zilliqa uses sharding to achieve scalability from a technical level. Analyze the key security issues of current smart contracts, showcase Zilliqa’s new smart contract Scilla, and demonstrate the formal proof capabilities and security of the language by demonstrating a crowdfunding contract written by Scilla; Site introduction to the latest development of Zilliqa test network and Scilla
Exploration and application in financial business scenarios
As early as 2015, Xiaoying finance pioneered the “credit guarantee insurance + Internet finance” mode, seamless access to the Internet scene to acquire customers and big data risk control. After the brand upgrade, Xiaoying Technology will be more prominent on the Internet and data based, committed to becoming the leader of blockchain, artificial intelligence and other new technologies.
The theme of this speech mainly covers two aspects:
First, the selection of blockchain technology and the construction and design of blockchain platform. How to select the technology according to the business (alliance chain, public chain, private chain), and how to build an independent blockchain business platform based on the existing blockchain platform. Second, the current pain points of Internet financial business, how to use blockchain to solve these pain points, the technical design and implementation path of the specific implementation scheme.
The era of “big data” will be replaced by the era of “big computing”. The computing power of Bitcoin and blockchain technology are already at the threshold of the next stage of the Internet. Similarly, blockchain will be widely used in all industries in the future.
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