Recently, it was reported that Alibaba auction had terminated its cooperation with conflux tree map chain on April 10, and Alibaba auction will use the new version of the chain to confirm the rights of digital collections. Blue whale finance contacted the staff of tree map chain and said that the cooperation had indeed been suspended because Alibaba was unwilling to cooperate with the public chain.
On April 12, blue whale finance and economics noted that Alibaba auctioned the “new product launch” section of the “digital collection”. The number of collections based on the tree graph chain was significantly reduced compared with the previous one, and the copyright of most collections was based on the “version chain yuan” and “knowledge chain” of the new version chain.
Blockchain is divided into public chain, alliance chain and private chain according to the degree of decentralization.
It is reported that the treetop blockchain is based on the public chain of the underlying system of the conflux blockchain. There is a treetop blockchain Research Institute in Shanghai, which involves the business of public chain and alliance chain. Among them, the public chain system, together with bitcoin and Ethereum, has been rated as the public chain of the world’s three blockchains. Its public chain ecological token CFX has been put on the shelves of several exchanges. According to coinmarketcap data, the current quotation of CFX is US $0.15 and the market value is about US $260 million.
“Version chain yuan” and “knowledge chain” are domestic alliance chains. The main bodies behind them are Chengdu version chain Yuan Technology Co., Ltd. and Sichuan digital Northern United Publishing & Media (Group) Company Limited(601999) ltd. cooperation has been reached when the Alibaba auction went online in September of 21. The digital collections were auctioned after obtaining the work registration certificate and “work copyright certificate” from the Sichuan Provincial Copyright Bureau.
At present, the copyright transaction cooperation announcement of Alibaba auction only shows the cooperation content with the new version of the chain, and there is no description of the tree graph chain.
The suspension of cooperation between Alibaba auction and tree map chain has been a clue. On March 11, treetop blockchain Research Institute announced that since its establishment, treetop Research Institute has never authorized any individual or institution to use “treetop chain” or “treetop alliance chain”. There are many alliance chains developed based on the tree graph consensus algorithm and the open source code of the tree graph alliance chain. The tree graph Research Institute has never issued the text or logo of “official certification of tree graph chain” for the “digital collection” on any other alliance chain.
On March 24, EUROLINK news released “Alibaba launched China’s largest digital collection trading matching platform”, which said that Alibaba auction launched a large number of third-party public chains and digital collection stores supported by the platform at the important entrance of the first screen of Taobao app.
On March 25, Alibaba auction official wechat explained that what we apply is not a “large number of third-party public chains”, but a professional alliance chain under formal supervision Alibaba auction also stressed that “digital collection cannot involve public chain and C2C transaction.”
In this regard, Jiang Zhaosheng, senior researcher of Ouke cloud Chain Research Institute, told blue whale financial analysis that Alibaba’s auction terminated its cooperation with treetop, which may be mainly because the public chain attribute of treetop affected the compliance of Alibaba digital collection trading platform to a certain extent
At present, there are two obvious red lines in the development of China’s Digital Collections: first, we should weaken the financial attribute of digital collections as much as possible. At present, we mainly reduce the liquidity of digital collections by means of not supporting the transfer of digital collections into private wallets, prohibiting secondary transactions, increasing restrictions on the transfer of digital collections, so as to reduce the financial attribute of digital collections in the links of issuance pricing and transaction circulation; Secondly, we should try our best to draw the boundaries between the use of public or virtual assets and the use of virtual assets in the value chain. Secondly, we should try our best to control the use of digital assets and virtual assets. The cooperation between Alibaba auction and tree map was terminated to control the second red line.
Combined with the official account and small program that have been heavily involved in digital collections, it can be speculated that with the continuous development of China’s digital collection market, the regulation of this field may gradually tighten, and the compliance requirements of the digital collection platform will also be more stringent. In this case, timely cutting with the public chain is an inevitable measure to meet the regulatory needs.
