The following is the full text of the speech:
Zhou Ping: Dear friends from the financial industry, everyone is good at noon. Only one or two of the guests who attended this conference were from the IT industry. In the opening session, I mainly introduced three parts:
First, our understanding of the technology itself.
This morning, President Li and General Manager Tu mentioned that now everyone in the IT circle is talking about ABCD (artificial intelligence, blockchain, cloud computing, big data). Let’s put these four together. I personally made ten Eight years of research in the IT industry, I didn't care too much about this before, but after the emergence of cloud computing, I was thinking about a problem. Every day we are following new technology, a new concept, technology, for us, I have to deal with this standardization. But when I arrived at the blockchain, I found that I was very tired and always took the team to study the problem. During this time, I was rethinking the essence of technology. Actually, no matter which technology, cloud computing also Ok, big data, no matter how any new technology emerges in the future, it's a good response to real problems. For example, blockchain, Patrick mentioned a similar point.
Second, the latest development of the blockchain.
I have studied the blockchain for more than two years. The entry point is to standardize, starting in 2016. Many institutions have given us strong support, such as ant gold clothes, whether it is international standards or national standards, have given us a strong Support. In general, there are two development trends: one is about its nature, what is the blockchain? The main reason is from the perspective of infrastructure. Currently, international standards are doing 10 results, but There are only two real international standards. Now there is a new international formulation that is very interesting. It is an international standard reference architecture based on blockchain. It defines the blockchain as a distributed operating system. Once the operating system is mentioned, everyone here will The first feeling is that it is a public infrastructure. As an infrastructure, its characteristics are obvious, not too much. For example, mobile intelligent terminal operating system, now nothing more than two, open source and closed source. Second Another evolutionary direction of the blockchain, distributed computing technology. The financial industry is engaged in accounting, like the accounting industry, bank asset trading, mentioning these words, everyone Have more sense.
What is the difference between blockchain and other technologies? From ABCD (artificial intelligence, blockchain, cloud computing, big data), blockchain and cloud computing, big data, artificial intelligence, mainly two Significant features: First, the blockchain is directly oriented to the business, oriented to solving business problems. We use cloud computing, artificial intelligence, big data, and the starting point is to solve the problem of IT itself. For example, the core goal of cloud computing It is to reduce the cost of IT use. The core of big data is to mine the value of data. The core of artificial intelligence is to promote the deep integration of business and business, especially to improve efficiency. But the blockchain is not, it is directly oriented to business, and it emphasizes peer-to-peer. Second, another notable feature is the ICO. Blockchain can be used directly to implement the function of money, not necessarily the function of finance. Like the global public chain, Bitcoin. Based on these two significant functions, behind The characteristics that appear are well understood, such as tamper resistance, traceability, and transparency. These are all created to solve business problems.
Finally, decentralization. The financial industry is completely a traditional centralized structure. In fact, this is a false proposition. This morning we have the leadership of the People’s Bank of China, experts are talking about financial supervision. In the real world, our transaction is Two content guarantees, one is institutional guarantee, and there is technical guarantee. Now all the central structures are built based on two things, one is the law and the law, the other is the technology. But when the concept of blockchain centralization, It is the transfer of the proposition, which is to support the centralization of this function by laws and regulations, technical assistance, and become the dominant rule of technology. This is supported by data. Like the global blockchain public chain, the core is in the world of 1000 Second, the number of farmers in the hands. Second, the global bitcoin, someone checked the bitcoin address, the basic 4%, less than 5% of the bitcoin address accounted for 90% of the amount of bitcoin, it is a new type of center Proposition.
As for the application of the blockchain, we will discuss how to get rid of the virtual reality and deepen the application. We will share some thoughts of the previous research and the application of the financial industry with the experts and leaders.