Promoting the Combination of Block Chain and Real Industry to Accelerate Social and Economic Innovation and Development
In the past few years, Columbus team has not only kept a solid technical foundation, but also actively explored more valuable scenarios to find opportunities for development in enabling the real economy.
The real economy enabled by the block chain plays an important part in Columbus’ 2020 development plan. In order to give full play to the block chain technology in building a powerful network, developing digital economy and boosting economic and social development, Columbus will, starting from the technical characteristics of the block chain itself, lay out areas such as “supply chain finance”, “traceable anti-counterfeiting commodity platform”, “block chain+automobile” and “application open platform”, and actively promote the combination of block chain and real economy.
1. Block Chain+Supply Chain Finance
Block chain is considered as a distributed shared book technology. Its multi-party maintenance mode of the same book can effectively solve the problem of information flow. Once the information flow merges with the logistics and capital flow, the credit of the core enterprise can be transferred among multi-level suppliers.
The credit of the core enterprise flows in the supply chain based on separable and transferable business ticket vouchers. Not only is it easier for suppliers to raise funds, but it can also help financial institutions gain customers and promote cross-domain cooperation between enterprises and financial institutions. In the account system, the enterprise capital settlement path in the chain can be solidified by embedding the block chain smart contract, which can effectively control the risk of default.
2. Block Chain+Traceability Anti-counterfeit Commodity Platform
In the centralized structure of anti-counterfeiting data storage, the biggest pain spot of the traceable anti-counterfeiting system based on QR code technology is that the data is easy to tamper with and its credibility is not strong.
However, the characteristics of block chain technology, such as de-centralization, non-tampering, transparent transaction and traceability, perfectly solve this pain spot. The anti-counterfeiting data is stored in a distributed way, thus ensuring the data to be safe, authentic and tamper-proof, and being able to clearly record the manufacture and circulation of commodities.
3. Block Chain+Car
Block chain is essentially a fusion innovation that integrates encryption technology, distributed accounting book technology, P2P transmission technology and smart contract technology. For the automobile industry, the biggest application scenario at present is automatic driving. Every self-driving car is a trading node. Encryption technology can ensure information security, and distributed account book and P2P transmission technology can ensure the security of smart Internet vehicles.
4. Application of Open Platform
Columbus will open and launch the BaaS platform and launch the developer center as CATID. Columbus will also continue to improve the core data layer and network protocols, introduce BFT Consensus 2.0 and upgrade Columbu2.0, reduce the probability of block reorganization, improve the problem of time-consuming confirmation in extreme cases, optimize the transmission efficiency of blocks, reduce the time-consuming verification of workload, and strive to advance in the direction of higher compression ratio, lower delay, lower bandwidth and lower storage.
To promote the combination of block chain technology and real industry development and accelerate the development of social and economic innovation. In 2020, Columbus will not only actively expand its layout in the relevant real economy areas, but also provide more traditional enterprises with block chain technical advice and industry solutions, accelerate the expansion of block chain technology into more traditional areas, and promote consumption reduction, efficiency improvement and transformation and upgrading of real industries.