How can blockchain play a role in the new wave of infrastructure construction?

Time:2021-1-22

With the support of the new infrastructure, the development and application of digital technology ushered in an unprecedented heat. The government and enterprises actively arranged the construction of 5g, AI, Internet, industrial Internet and other digital technology infrastructure, and continuously increased the investment planning. According to the calculation of CSCI, the total scale of new infrastructure investment in 2020 is expected to reach 912 billion yuan, of which the digital infrastructure investment will exceed 200 billion yuan. On the other hand, digital technology has been applied in urban intelligent construction, industrial digital transformation and commercial digital operation. Key digital technology has been providing leading technical support for industrial wisdom upgrading of all walks of life.

Driven by top-level design, new infrastructure has become a tough battle in the process of digital development in China. In this tide of technological revolution and industrial change, blockchain, as the underlying technology application, is also ushering in new opportunities. In particular, after the central government proposed on October 24, 2019 that “take the blockchain as an important breakthrough for independent innovation of core technology and accelerate the innovation and development of blockchain technology and industry“, the government and enterprises continue to increase the industrial blockchain and further stimulate the vitality of new infrastructure development by building a trusted society and business model.

How can blockchain play a role in the new wave of infrastructure construction?

Speed up new infrastructure and activate industrial blockchain

According to the national strategic plan for new infrastructure, seven major areas such as 5g, AI, big data and industrial Internet will be deployed in the future.Different from the traditional infrastructure of “tiegongji”, the new infrastructure has a distinctive technology oriented feature. It is based on modern science and technology, especially information technology, and has the highest dependence on digitalization.In particular, under the guidance of the direction of “promoting the combination of the underlying technical services of the blockchain and the construction of a new smart city” in the “1024” learning, the value of blockchain version 2.0, an industrial blockchain combined with industry and commerce, has become increasingly prominent.

In the view of the industry, although the current top-level design of the overall new infrastructure does not involve the development planning of blockchain technology, blockchain, as an underlying technology, will inevitably become an important support for China’s digital construction and development in the future with the maturity of technology. It can even be said that in the future, the degree of realization of smart city, digital trusted city and other fields will directly depend on the ability and market application of blockchain technology, especially industrial blockchain technology.

Shen Zixi, general manager of Tencent Lingyu, said in an interview,The functions of data confirmation, data protection and data analysis brought by blockchain technology are necessary basic support for 5g, AI, big data and other technologiesThe development of blockchain technology can directly affect the development of other technologies. The support and influence of blockchain on other technologies indirectly provide effective basic technical support for new infrastructure.

In addition,In the process of digital business implementation of new infrastructure industry, data interconnection is an inevitable requirement, which needs technical support from blockchain.For example, in the process of smart city construction, it involves multi role data credit exchange, identity authentication and intellectual property protection, but the government has objective difficulties in the implementation of data access and data authenticity traceability. Based on its own characteristics, blockchain technology can provide corresponding solutions for various business scenarios, including application scenarios such as government data sharing, intellectual property protection, unified identity authentication, reward and punishment credit management, and solve the problems of data information island and social governance in smart city. At present, blockchain has effectively supported the project implementation in the fields of data label transmission, privacy protection, smart contract, etc.

How can blockchain play a role in the new wave of infrastructure construction?
Tencent security Tusi blockchain technology service application scenarios

Therefore, although the current development of blockchain is still in its early stage, it has not been incorporated into the macro scope of new infrastructure by the “official announcement”, there are still technical weaknesses in the vertical field, and the expansion problem also needs to be further broken through, with the further development of industrial blockchain, it will play a more important role in the new infrastructure by supplementing the technical weaknesses and expanding the application scenarios.

To speed up the exploration of layout, blockchain needs “integration and application”

Because the early application of blockchain technology focused too much on the field of digital currency and was over consumed by capital, it hindered the value exploration in other fields to a certain extent. In 2019, the state will drive the exploration of industrial integration of blockchain from the macro level, and the industry is optimistic about its value release in the new infrastructure.

Because of the characteristics of openness, transparency and non tampering, blockchain has a unique “trust” attribute. Previously, with this advantage, blockchain has achieved a more prominent application landing in the financial field mainly represented by bitcoin. However, the value of blockchain is far beyond the single field of finance. The ability of decentralization and interconnection of blockchain is an indispensable important technology in the process of data validity, authenticity and multi-party mutual trust. At the same time, it also has inherent advantages in privacy protection, identity authentication, smart contract and other fields, such as forensics, certificate storage and so on. Especially after the focus of political planning in 2019, blockchain began to try to integrate with traditional projects, and gradually focused on the exploration of government affairs, people’s livelihood, vertical industry and other levels.

In the construction of digital city and digital government, blockchain technology has an effective auxiliary ability for the interconnection of vertical fields such as departments, commissions and bureaus.In the process of data flow, it can effectively guide the safe transmission and index, and realize the safe data interchange. For example, in the construction of urban super brain, Tencent Tusi blockchain platform integrates the basic capabilities and business capabilities of blockchain technology to realize the connection between business platform and blockchain platform. Among them, take the construction of credit data sharing platform as an example, through the establishment of data index to help confirm the right of data in credit data management, and promote data circulation. Then it is exported to the application platform in the form of service, providing one-stop construction service, management service and scenario capability service of blockchain.

According to Shen Zixi,In the future, if blockchain wants to help win the hard battle of new infrastructure, it needs to do two basic jobs: integration and application.It includes trying to integrate the blockchain in the original and innovative fields, and cooperating with the landing application of infrastructure. For example, the infrastructure of the data center is the cloud, and in the process of integration with the blockchain, under the condition that the original technical architecture remains unchanged, we can improve the service ability of the cloud and achieve synergy through the blockchain blessing.

The next stop of blockchain: focus on building a new social trust mechanism

After the “1024” watershed, the blockchain industry has made pioneering progress in the exploration of application scenarios, and the boosting ability of industrial blockchain for new infrastructure has been constantly confirmed.

At present, focusing on the blockchain landing scenario, the industry has initially applied the following scenarios: blockchain + information sharing (government affairs, medical care, credit reference, etc.), blockchain + authentication (justice, intellectual property, etc.), blockchain + logistics chain, blockchain + Finance (Supply Chain Finance), blockchain + payment (cross-border settlement, e-invoice), blockchain + digital assets (digital currency, digital gold), etc We have reached a consensus on application, and achieved the implementation of cutting-edge applications in some fields.For example, Tencent Tusi blockchain has been applied in credit City, government data sharing, E-deposit and other scenarios. Through the characteristics of blockchain consensus mechanism and non tampering, the trust system between business stakeholders has been established, so as to promote the optimization and reform of business process.

In the future, with the development of smart city construction, blockchain will play a key role in promoting the construction of a new social trust mechanism. Recently, Lu Qi, founder and CEO of Qiji Chuangtan (formerly YC China), also pointed out when sharing online with “Tencent Picasso”, that blockchain is essentially digital trust, which can reduce the cost of reform. In the industry’s common exploration of blockchain application, some enterprises have begun to try to link the relationship between individuals, enterprises, institutions and the government, and build a new social trust mechanism with blockchain technology. Among the achievements so far,The Tusi blockchain solution created by Tencent has been able to help government and enterprises build a new industrial innovation and development platform based on the original business and combined with blockchain technologypattern. In addition, the scheme can also solve the technical problems of blockchain technology application in the field of government and enterprise by providing two ways of blockchain infrastructure implementation, middle platform service and government cloud privatization deployment.

Digitalization is the underlying infrastructure of the new infrastructure, and blockchain provides basic technical support for digitalization. In the promotion of the new infrastructure, blockchain, together with other digital technologies, will always run through the development of science and technology and industrial transformation, help the development of thousands of industries, and promote the transformation of industrial economy and the development of digital economy.