News


  • Is it a sharing economic model company or an aggregate service provider?
  • 2018.12.05
  • In the global Tinkers50 list released in November 2017, Don Tasker became the world's second-ranked thinker because of his long-term research on technology influence. When talking about the blockchain and the sharing economy, he pointed out that the most prominent application of the blockchain is aimed at companies that are so-called disruptive, such as Uber, Didi, Airbnb and other companies that claim to share economic models. However, these companies are not sharing, but aggregation service providers.

    The software of the blockchain can entirely complete the work of Airbnb. Let's assume that a company called b-Airbnb is a blockchain distribution application, and everyone who wants to rent a house shares the software. When someone wants to rent an apartment, use this software to filter the conditions, find the right room, use the blockchain to handle contracts, authentication, digital payments, etc. while during the process there are no companies involved as an intermediary platform to extract agency fees.
    This technology can also be applied to the supply chain. All trade finance business can be completed through the blockchain, and its prospects are unlimited. Regarding value Internet, hundreds of applications are emerging.
    Moreover, which of these applications have been practiced?
    A remittance platform already exists that does not require a bank as an intermediary.  This technology is used in trade finance: cross-border delivery involves various modes of participation, including shipping companies, logistics companies, escrow agents, and customs clearance companies. With this technology, everyone can see the books and share the status, which is very revolutionary.

    What aspects of the ecological environment for the development of blockchain technology are not mature enough?
    Like the first generation of the Internet, the blockchain is not constrained by the government but is controlled by the bottom-up, self-organizing ecosystem. Many things still need to be improved, such as the need for better research, a better policy environment, and the need for standards – this is critical. For some blockchain applications, the standard-setting process is terrible, and Bitcoin is an example. There are clear rules for information internet at the time, such as the Internet Engineering Task Force, which is a body that sets standards for the Internet. There is also the World Wide Web Consortium setting standards for the World Wide Web. As for the blockchain, it is still a barbaric stage, and there are no standards. Still, blockchain is full of confusion, chaos, and disaster.
  • Is it a sharing economic model company or an aggregate service provider?
  • 2018.12.05
  • In the global Tinkers50 list released in November 2017, Don Tasker became the world's second-ranked thinker because of his long-term research on technology influence. When talking about the blockchain and the sharing economy, he pointed out that the most prominent application of the blockchain is aimed at companies that are so-called disruptive, such as Uber, Didi, Airbnb and other companies that claim to share economic models. However, these companies are not sharing, but aggregation service providers.

    The software of the blockchain can entirely complete the work of Airbnb. Let's assume that a company called b-Airbnb is a blockchain distribution application, and everyone who wants to rent a house shares the software. When someone wants to rent an apartment, use this software to filter the conditions, find the right room, use the blockchain to handle contracts, authentication, digital payments, etc. while during the process there are no companies involved as an intermediary platform to extract agency fees.
    This technology can also be applied to the supply chain. All trade finance business can be completed through the blockchain, and its prospects are unlimited. Regarding value Internet, hundreds of applications are emerging.
    Moreover, which of these applications have been practiced?
    A remittance platform already exists that does not require a bank as an intermediary.  This technology is used in trade finance: cross-border delivery involves various modes of participation, including shipping companies, logistics companies, escrow agents, and customs clearance companies. With this technology, everyone can see the books and share the status, which is very revolutionary.

    What aspects of the ecological environment for the development of blockchain technology are not mature enough?
    Like the first generation of the Internet, the blockchain is not constrained by the government but is controlled by the bottom-up, self-organizing ecosystem. Many things still need to be improved, such as the need for better research, a better policy environment, and the need for standards – this is critical. For some blockchain applications, the standard-setting process is terrible, and Bitcoin is an example. There are clear rules for information internet at the time, such as the Internet Engineering Task Force, which is a body that sets standards for the Internet. There is also the World Wide Web Consortium setting standards for the World Wide Web. As for the blockchain, it is still a barbaric stage, and there are no standards. Still, blockchain is full of confusion, chaos, and disaster.