Blockchain white paper

2021 is the first year of the 14th five year plan, The fourteenth five year plan for national economic and social development of the people’s Republic of China and the outline of long-term objectives for 2035 (hereinafter referred to as the “fourteenth five year plan”) incorporated blockchain into one of the digital industries and made important arrangements for its development. In June, the Ministry of industry and information technology and the central network information office issued the guiding opinions on accelerating the application of blockchain technology and industrial development It is pointed out that we should concentrate on solving the key problems restricting technology application and industrial development, further consolidate the development foundation of China’s blockchain, accelerate the scale of technology application, build a world-class blockchain industrial ecosystem and realize leapfrog development. Over the past year, with the continuous release of policy dividends, China’s blockchain technology application and industrial ecology have accelerated their evolution, and began to enter a new development stage guided by “trust chain” and “cooperation chain”.

Blockchain technology has entered an engineering development period, evolving to multi-level integration and innovation and business driven optimization. The basic functional architecture of blockchain has become stable, and the Engineering Technology Optimization Oriented to the needs of business scenarios has become the consensus of the industry. In order to achieve the development goal of “high efficiency, safety and convenience”, core technology optimization, expansion, technology integration and cross chain technology breakthrough are becoming the key directions of technology evolution.

The integration of blockchain and real economy is accelerated, which strongly supports major national strategies, and the application boundary is expanding. The application depth and breadth of blockchain continue to improve, and the trend from virtual to real is obvious. The value of blockchain continues to be reflected in key fields such as Jiangsu Nonghua Intelligent Agriculture Technology Co.Ltd(000816) , judicial certificate storage, epidemic prevention and control, digital government and national major strategic directions such as “carbon peak and carbon neutralization”, which provides a new driving force for the digital transformation of various industries.

The industrial alliance and ecological pattern of blockchain has gradually taken shape, and the construction of China’s open source system has accelerated. In recent years, China’s blockchain industrial foundation, industrial chain, industrial environment and industrial ecology have been increasingly improved, regional and industrial blockchain infrastructure has been emerging, and the industrial business model is looking for new opportunities in the alliance of business operation and the opening of technology application. At the same time, China’s blockchain open source community is booming, and the formation of the ecosystem is accelerated.

China information and Communication Research Institute has organized the preparation of blockchain white paper for four consecutive years since 2018. Based on the previous version, this year’s white paper combs the latest developments of blockchain development outside China, analyzes the development trend of technology, application and industry, and looks forward to the opportunities for blockchain technology application and industrial development in the 14th five year plan.

 

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