On July 30, the Wenzhou Blockchain Industry Alliance was unveiled. Experts at the meeting believed that Wenzhou has many opportunities in the application of blockchain technology, especially in the development of the "chain circle".
Wu Chuncheng, the initiator of the Wenzhou Blockchain Industry Alliance, stated that the alliance will serve as a platform to establish five major institutions including the Regional Technology Application Research Center, the Blockchain Technology Application Development Service Center, and the Blockchain Industry Investment Fund, which are Wenzhou's blocks. The development of the chain industry reserves "energy", and the corresponding dues will also be used as investment funds to "transfusion" the development of the Wenzhou blockchain industry.
A person from our city’s science and technology system revealed that Wenzhou’s advantage in the development of the blockchain industry is not in technology research and development, but in terms of application. These traditional industries. "The digital economy, including the blockchain, is already an outlet at the moment. At present, our city is also drafting related plans for the digital economy including the blockchain."
Hu Dong, the founder and deputy secretary-general of Shanghai Blockchain Industry Alliance, believes that the development of blockchain technology has to go through the mining circle, currency circle, chain circle, and field circle. The current mining circle and currency circle are outdated, which means that they must rely on There are few opportunities for mining and currency speculation to develop the blockchain industry, but the development of the chain circle is at the time, and Wenzhou has a lot to do in this development.
Hu Dong believes that in the application of blockchain technology, Wenzhou currently can be applied better in four aspects. First, blockchain technology can be applied to all public services, which can improve the efficiency of various departments; secondly, it can be applied. When it comes to the settlement of inter-financial bills, including foreign exchange, bonds, etc., Wenzhou has many foreign trade enterprises. This application can reduce the cost of foreign trade enterprises; again, it can be applied to the traceable supply chain link, which can reduce the corresponding enterprises’ Production costs; it can also be applied to the separation of ownership and use rights of all assets, so that the ownership of assets becomes clear.
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