Tanlin: Blockchain changes existing underlying Internet logic

Producer: Wu Yunfeng

Producer: Hu Wen

Master pen: Bao Fang

Editor: Zhang Xian

UI design: Song Peng

Web page production: Sheng Weiwei

  • Zong Liang
Guest introduction

CEO of Microsoft Accelerator, with more than 20 years of experience in IT companies, former researcher at Peking University Smart City Research Center, General Manager of CA Greater China, Channel Director of Oracle Greater China, Marketing Director of Apple China

Core point

Blockchain technology changes the existing underlying Internet logic to update the entire underlying commercial operating system.

The classical Internet based on the HTTP protocol is mainly information transmission, but information transmission and value transmission cannot be equated, and information transmission can be falsified or created without information.

The giants in Chinese Internet companies are all trust brokers. Alipay, WeChat, etc., Didi, Airbnb, etc. The user hands over the data to the trust intermediary, and the existence of the intermediary allows people to complete transactions with people they don't know. But at the same time, the trust intermediary monopolizes the matching, payment and settlement in the process.

The wide use of blockchains can break through the dimensions of this traditional Internet eco-cluster company in the next 5 to 10 years. Because ecological cluster companies also have boundaries, they are their own closed information base, which is also the part of blockchain technology that can promote the upgrade.

01

Blockchain: Changing existing underlying Internet logic

financial:From your point of view, how can a blockchain construct a new business model?

Tanlin:Blockchain technology changes the existing underlying Internet logic to update the entire underlying commercial operating system. Blockchain technology, because of its point-to-point communication, asymmetric encryption, distributed storage and other characteristics, can bring together security technology storage technology and communication technology, which has given birth to the trust economy, which is impossible for the classical Internet.

The classical Internet based on the HTTP protocol is mainly information transmission, but information transmission and value transmission cannot be equated, and information transmission can be falsified or created without information. For example, network remittance, the final result is the need for bank confirmation. There are many frauds that breed in an environment where information is not equal. If blockchain technology is used, each time the remittance information is recorded on the entire blockchain because of the characteristics of point-to-point communication, asymmetric encryption, and distributed storage, there is no possibility of repudiation, and the value is fully and safely transmitted.

02

Blockchain: the ultimate form of trust intermediary

financial:How can the characteristics of blockchain technology change the existing business model and make it more optimized or upgraded?

Tanlin:The giants in Chinese Internet companies are all trust brokers. Alipay, WeChat, etc., Didi, Airbnb, etc. The user hands over the data to the trust intermediary, and the existence of the intermediary allows people to complete transactions with people they don't know. But at the same time, the trust intermediary monopolizes the matching, payment and settlement in the process.

Because of this service business, credit intermediaries have become the center of the field and have completed a lot of production. This is already a very high-profile company in my company dimension theory, but the emergence of blockchains offers the potential for existing high-dimensional companies to continue to upgrade their dimensions.

From the company dimension theory, I divide the company in the current society into five dimensions:

One-dimensional company: business relationship

The business model of such companies has no technical ability and major business relationship.

2D company: operating products

Have the ability to do product manufacturing or even some research and development, but rely on the factory to produce products.

3D company: operating the Internet

Such companies have increased the dimension of online services and have low customer acquisition costs with Internet assistance. At the same time, services are provided through the Internet. At the same time, you open the data tools to third parties, allowing them to build new value-added services on the platform, from a single to a one-to-many business model.

Four-dimensional company: operating platform

Based on the three-dimensional company mentioned above, connect more third-party service providers and users through an open API interface. Let many Internet-operated companies develop together. In the form of company dimensions above four dimensions, the company will develop very fast. Four-dimensional companies create a platform that can achieve exponential growth.

Five-dimensional company: business ecology

For example, Amazon, Ali, and Tencent are ecological cluster companies. Through the data network brand and user resources, the eco-cluster company and the investment service portfolio are formed together to create a three-dimensional multi-dimensional layout and establish an ecological company. The ecology created by Wuwei Company, such as the tropical rain forest, will have the survival of the fittest. The company that can't do can't survive in the ecological chain, but the rainforest itself will always be self-innovating. The current top ten market capitalization companies in the world are basically ecological cluster companies.

Then the question is coming: Can you continue to upgrade?

The wide use of blockchains can break through the dimensions of this traditional Internet eco-cluster company in the next 5 to 10 years. Because eco-cluster companies also have boundaries, they are their own closed information base. Baidu's search engine does not provide any search record data, which is the core of giant company protection and will not be shared. This is the border of an ecological cluster company.

The full use of blockchain technology companies is concerned with the boundaries of the industry rather than the boundaries of the enterprise. The collaborative use of resources by departments is the current situation within an enterprise. Only information can be circulated at the boundary between enterprises, and all enterprises in the industry can share and improve efficiency, which can be upgraded to a new dimension.

Blockchain technology will be able to turn a contract into a smart contract. Unlike traditional two-party contracts, blockchain technology allows a complete transaction that requires multiple parties to become transparent, through a set of smart contracts and shared ledgers. People on the data share data, which greatly reduces transaction costs, saves time, and increases security.

This can be fully applied in the field of supply chain finance or trade finance, fully solving the synergy improvement efficiency of many parties, and at the same time reducing transaction costs.

The financial world: Will blockchain innovation be hampered by Internet companies that have a centralization advantage?

Tanlin: The large-scale ecological cluster enterprises such as the five-dimensional company I described have formed a centralization effect to a large extent, and have already had great competitive advantages and are still accumulating. These companies have the motivation to protect their information. In the early days, it was unrealistic for them to take the initiative to share information.

But here we should propose the second half of the Internet - the thinking of the industrial Internet, the industrial Internet is not based on the integration of existing Internet companies, the industrial Internet can not rely on the leading enterprises in the current industry. The industrial Internet needs to start with the concept of alliance chain. At the beginning, everyone is equal. Based on a consensus, information is continuously shared to improve confidence, and the upstream and downstream information is gradually opened up to form a coalition chain.

03

Blockchain: Popular scene applications or 5 years to go

financial:The efficiency of the blockchain is currently the biggest barrier to the application of many scenarios. Do you think that the blockchain has entered the application of the people's scenes (for example, the company has shared passenger information into the chain).

Tanlin:I personally think that it takes five years of development time to fully solve the problem of computing bottlenecks and blockchain settlement efficiency. Because the bottleneck here is not only the computing power of each node, but also the improvement of network communication capabilities and the overall improvement of the corresponding infrastructure. If the efficiency issue is fully improved, the areas listed below can make the big trend of future development:

The significance of the alliance chain lies in the use of the sharing of industry information to counter the centralization of traditional Internet creation. The chain of the industry greatly enhances market efficiency. For example, Zhongshan, Zhongshan, the center of national lighting production, the small categories of lighting production in this region also have a market scale of tens of billions. With the support of the alliance chain, it is possible to fully share information among various component industries. According to the current industry communication method, there is a large delay in information communication.

In this way, the efficiency will be attenuated, and the transmission or distortion of information transmission will result in waste. Make full use of the supply chain collaboration to fully penetrate the display shared account book, you can share this data in real time.

04

Blockchain Vision: Tokenize Everything (Tokenize Everything)

financial:What kind of picture do you expect from a blockchain era?

Tanlin:On the six-dimensional economy just above the six-dimensional economy, if the concept of blockchain (distributed, decentralized) can be fully generalized to form a Token Economy, all people can be quantified. The resources are all wirelessly segmented and can be shared, and the economy will undergo new changes and improvements.

List a few examples of Tokenize's vision:

Consumption is transformed into the Token of the company's economic growth

The Double 11 Handcuffs contributed to Taobao, but they were unable to share the dividends that they contributed to the sales of Ali. The full Tokenize economy can divide these contribution units and let me share the value growth of the entire community. Thereby achieving full division and sharing of the real economy. It can also be understood as the securitization of full open thinking.

Token separating property ownership

Buying a house in a resort (like Italy) may not last long. Buying at full price is not worth it, but if you can tokenize the ownership of the property and let the person who purchased the token have the right to reside or lease, it is equivalent to decentralization.

This Token economy is a kind of pass-through economy that is fully utilized by blockchain technology. The economy is a general term for the overall dynamic phenomenon of people producing, using, processing, and distributing all materials. The activities of production, savings, exchange, and distribution here all require a distribution model. The pass-through economy is this new value-driven economy.

The traditional form of economic distribution hinders the creation, transformation and realization of value due to the centralized flow restrictions. If the abuse of power is added, it will lead to corruption and unfairness. As a carrier of value, the certificate has a stronger liquidity, and the certification of certain types of assets or interests will help the entity to find demand and reduce costs in economic activities.

Pass-through is to break the barriers created by anyone, to assign the same identity and power to any asset and interest, and to give ideal liquidity, especially those assets and rights that are relatively scarce and have long-term potential for appreciation. The liquidity aspect is more advantageous. It is also a form of economic market in the blockchain vision.

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