Blockchain implementation of 23 listed companies on declared benefits, government position and financial application key

Blockchain is a popular concept that venture capitalists have seen in recent years. Registered companies testing blockchain waters can be traced back to before 2016, and companies using blockchain have increased as regulation continues. In just a few years, the number of blockchain concept stocks has grown from a few dozen in its early days to over 260 today.

A year after blockchain became a national strategy, the attitude of companies listed on the blockchain is quietly shifting from active “tracing up the chain” to speculating on stock prices and developing technology to develop. landing to benefit from it.

The financial institution "Financial No. 1" issued a related statement and found that as of this year, most companies are increasing their R&D investments in new technologies such as blockchain. Currently, 23 companies, including Yuanguang Software and Xinchen Technology, have announced special conditions. Implementation of blockchain applications. Among them, employment and government finances are the most important demands.

The small use of blockchain in its infancy is only a small experiment, and it will take some time for companies to eliminate the “market strategy” umbrella. Zheng Lei, director of the International Institute for Digital Economy Research of the International Institute for the New Economy, said in an interview with this institute. Conceptualism "" There is still a long way to go to recognize changes in 'stock prices'. "

return to reason

Development of the R&D capital of listed companies

Companies have started to focus on blockchain or from the data medium. In 2016, the Council of State addressed the need to strengthen innovation, testing and use of blockchain as one of the key technologies of the 13th quinquennium of national intelligence. The plan was announced by the Council of State.

According to the “Chinese Blockchain Enterprise Development Research Report” published by the CCID Blockchain Research Institute, since 2016, many companies have started to research blockchain technology. For example, Guangdian Express has researched technologies related to blockchain. We plan to conduct research and development activities on the application of blockchain technology for industry and the financial futures and digital assets of companies doing research and development. business financing.

The "key" period brought by the blockchain for listed companies at the same time last year.

At the end of October 2019, the first trading day after blockchain became a national concept, with over 100 product ideas with a one-day limit. However, a month ago, only 14 of the 100 stocks traded daily on October 28 held their positions in equities, and the market has slowly recovered from their perspective.

In fact, the main reasons businesses seek demand is to support the law and support real money.

According to statistics from the "Financial Court. 1 'In 2019, 32 states and cities across the country released information related to blockchain. Since the beginning of this year, many provinces and cities, including Beijing, Hunan and Guangxi, have added three years to the development of blockchain projects, relying on the right "accelerators" for the development of the blockchain industry. Listed companies in the blockchain industry have also had the opportunity to improve.

In this regard, Chen Xiaohua, expert on large-scale Internet blockchain projects at the Ministry of Industry and Information Technology and chairman of the Blockchain Expert Committee of the China Federation of Mobile Telecommunications, said, “No . for the development of the digital industry through the use of blockchain technology to improve its own level of intelligence, breaking the standard constraints of existing Internet models, while improving the process.

According to data released six months ago, many listed companies have increased their investment in research and development of blockchain technology to secure blockchain patents.

For example, at the time of publication, Yuanguang Software had invested 162,493,600 RMB in R&D, up 6.27% year-on-year, managing R&D expenses, accounting for more than 20% of total revenue, and focusing on supporting R&D. like blockchain. Since the beginning of this year, our work has consisted of product testing: application management platform based on blockchain technology, blockchain technology as an electronic education platform and financial services platform. energy sources based on the production of blockchain technology. The blockchain-based framework UChain system developed by Jinhui (English: UChain) has passed the blockchain standard reliability test 2020. At the end of the reporting period, the company has filed 44 blockchain patents and obtained 7 licenses of patent, including 3 new blockchain patent applications and 7 new blockchain patent applications have been added to the notification deadline.

In this regard, Zheng Lei, director of the Digital Economy Research Center of the International Neuroeconomics Society, believes that patents are the most important weapon in all fields of research and technology, as is the blockchain commerce. The government will encourage blockchain research and development, and blockchain patent protection will also encourage businesses to invest in blockchain, accelerate the application of blockchain, and realize its role in helping real businesses and creating new digital businesses.

Wu Sijin, founder and CEO of Hangzhou Fumei Technology Co., Ltd., a blockchain patent company, told "No.1 Financial Institution" that "For businesses, they can apply for patents and protect them in the form of In addition to supporting innovation, improving art can protect the rights and interests of the enterprise, strengthen its energy sales and promote the health of the industry.

Most popular in government affairs and finance

Great use has a long way to go

Over the years, more and more companies have solved the “no cooking machine” problem, and the operation of blockchain has had little impact.

"Financial No. 1" synthesized half-yearly key data and found that, from an application perspective, there are now 23 companies, including Yuanguang Software, Ping An, Easy View, Neusoft Group and Xinchen Technology, announced specialized blockchain applications. happen. The application blockchain scenarios of the 23 companies mentioned above focus on finance, government work, legal, and medical. Among them, politics and finance are the two most important events, and of the 23 listed companies, 6 are from the political sector and 5 from the financial sector.

Government and finance work is the oldest and most mature for blockchain applications.

In the functioning of government, the blockchain can take advantage of all its technologies and strategic concepts, such as data sharing, market sharing, validation of policies and responsibilities and open innovation. Currently, blockchain applications in the field of government services are generally divided into three categories: “information sharing and exchange”, “market sharing” and “electronic evidence repositories”.

The “first financial court” found that the majority of the six companies that entered the political realm moved around three types of subdivided application scenarios. For example, the public certification ecology in the Great Bay region developed by Yuanguang Software using blockchain electronic certificate technology is a typical application scenario of "electronic certificate filing". Sitech uses blockchain data distribution and tracking capabilities to create a "product management and control platform" for employees to perform application scenarios. Consistency belonging to the “data exchange” application scenario. Based on the use of blockchain technology, Jincai Internet provides "Jincai Cloud Commerce", an online financial services and tax administration product that integrates the online services of business and industry. print ledgers, open bank accounts, collect taxes, collect taxes, collect taxes and collect taxes. Completing All Online Link Marketing is an introduction to the “share market” application scenario.

Huang Zhaoci, president of the Blockchain Applications division of Yuanguang Software, said in an interview with "Financial Institution No. 1" that the public investment ecosystem in the Greater Bay Area is currently improving its share in Hong Kong and Macao then gradually expanded. . somewhere else. The blockchain can be used as a personal certificate and an electronic certificate. Regarding the electronic certificate, the company has partnered with Macau University of Science and Technology. In the future, the academic certificate of the students of this university will be referred to the blockchain and there will be no additional certification. The benefits of environmental and information protection are diverse. At the same time, together with the Association of Hong Kong and Macao Universities, confidence in students' academic records such as culture, curriculum and curriculum vitae when going to school has gradually become known. We will build a credible and more credible school environment in the Bay Area as is the future.

From the perspective of the financial industry, there are rich applications which are represented by payments, asset management and the financial chain. As blockchain continues to take hold in the financial industry, applications gradually evolve from one to multiple peoples, including different scenarios of financial applications.

For example, Xinchen Technology completed a state-owned company "Blockchain as a Service (BaaS) Platform Project" at the time of the announcement, and national joint venture bank "Xiongan New District" "Capital Chain Project Construction" , “Hailian Jinhui Supply Chain Financial Service System” by Hailian Jinhui and “Cross-bordering Financing Credit Management Platform” developed by the main Youlian Blockchain platform were also launched. used this "blockchain-based supply chain financial system financing system".

Politics and economics are now also tasks of application scenarios. business.

Wang Maolu, president of Consensus Digital, told "No.1 Financial Institutions" that "Currently, blockchain is tied to B-side business and information technology, and a new digital ecosystem has gradually emerged from it. 'a reliable side-by-side. application scenarios have not yet emerged.

Also in the semi-annual report, many public sector companies also raised concerns about the technology shortage. Yang Zhiping, former researcher at the Boundary Research Institute, said, “Blockchain technology is in the early stages of development. Trade with blockchain logic is limited. Professional training is a slow process, and it is not a fact. To achieve rapid development. "

Likewise, the completion of improved landing demand is not a fact. Currently there are 264 blockchain related companies, but very few listed companies have completed blockchain and 23 companies are still insignificant. Blockchain-focused public companies still have a long way to go to be aware of their changes from 'stock strategies' to 'stock prices'.