Blockchain is staging a rational return

When the capital’s attention to blockchain began to fade, a cooling began to take place in the blockchain industry. For blockchain, this has to be a good thing. When the noise of capital is no longer, blockchain can finally calm down to think and explore what should be done. What exactly is blockchain supposed to do? Maybe, different people will give different answers. However, one thing can be confirmed is that blockchain should not be as impetuous and impulsive as before.

Yes, the development of blockchain industry in the past was a little impetuous and impulsive. It is precisely under the influence of such an atmosphere that we see a series of deformation and distortion of blockchain landing and application, which ultimately leads the development of blockchain industry away from its proper development track. This is almost always the case regardless of the type of blockchain player. Even Facebook, a leading player, has been defeated by the impetuous impulses of blockchain.

In the end, blind confidence in blockchain and the fanaticism generated by such confidence is the root cause of this phenomenon. As the development of blockchain begins to return to the objective and rational time window, we need to think more about how to find a truly suitable development path for blockchain. Only in this way, the development of blockchain is not just a copy of the previous development mode, but a truly new existence with its own distinctive characteristics.

The biggest point of blockchain is not to challenge convention

Looking back at the development of blockchain, we can see very clearly that independence from tradition, and constantly challenging the traditional order, is undoubtedly an important aspect. When these become the footnotes of blockchain, what we see is that players continue to build an independent kingdom belonging to blockchain, and continue to break the links between blockchain and traditional industries and traditional scenes. However, when blockchain continues to challenge the tradition, and constantly separated from the tradition, its development, also began to hit a dead end.

This is the fundamental reason why we have seen so many blockchain projects fail to break out of their original development difficulties. As the development of blockchain enters a new stage of development, we need to think more about another way of combining blockchain with tradition, rather than just acting as a challenger to tradition.

In my opinion, when blockchain becomes the “optimizer” and “enabler” of traditional industries and industries, and when blockchain is truly integrated with traditional industries and industries, its development will be more long-term and sustainable. In this process, blockchain needs to continuously strengthen its integration with traditional industries and traditional industries, and constantly use its own technology to solve those previously unresolvable problems. When blockchain really becomes a member of traditional industries and traditional industries, and when blockchain really brings essential changes to traditional industries and traditional industries, Its development can really enter a new stage of development.

From this, we can see that the greatest significance of blockchain is to integrate into the tradition and become a part of the tradition. It is foreseeable that the future world belongs to those players who can really find the right way and method to combine themselves with tradition, and those players who can really use blockchain to solve the pain points and problems of traditional industries. Recognizing this, we may be able to gain a new understanding of the development logic of blockchain.

The greatest value of blockchain is not in the financial side

Almost all blockchain players will focus on coin issuance or ICO. To put it bluntly, they try to realize their dream of becoming rich through blockchain. However, we should also see that the greatest value of blockchain is not only in coin issuance or ICO, but more in the deep transformation of traditional operation logic and process. Finance is just a “foot in the door” after completing this series of transformations of blockchain. If the focus is on the financial side from the start, the value of blockchain will not be maximized in any way.

Instead of just focusing on finance itself, I believe that blockchain players should focus more on the transformation of the upstream industry. For example, we can use blockchain technology to improve the operation efficiency of the industry; For example, we can use blockchain technology to optimize the operation logic of the industry; For example, we can use blockchain technology to improve the operation process of blockchain… When the value of blockchain has been maximal in the upstream of the industry, we can think and explore the landing and application of blockchain in the financial end, which will have the support and foundation. Otherwise, even if the new model, will become a false talk.

When the development of blockchain industry has entered a new stage of development, we need to focus more attention on its enabling and transformation for the upstream of the industry, constantly use blockchain technology to transform the operation logic of traditional industries, and constantly use blockchain technology to optimize the operation process of traditional industries. When the focus of the development of blockchain is really transferred from the end of the financial to the front end of the industrial end, the value of blockchain can be maximally played.

Blockchain’s biggest rival is not the Internet

When blockchain was recognized by people, it took on the guise of challenging the Internet. Under the influence of this kind of thinking, the Internet began to be shaped into the rival of blockchain, the role of blockchain to transform the object. It has become a trend and trend to use the means of blockchain to transform those that the Internet cannot do, and use the way of blockchain to achieve those that the Internet cannot do. Once upon a time, the Internet became the antithesis of blockchain.

There is no denying that there are a lot of mutually exclusive areas between the Internet and blockchain. However, we should also see that if there is no incubation of the Internet, if there is no Internet parent, the development of blockchain will also lose the soil for development. Therefore, I believe that the biggest rival of blockchain is not the Internet, but itself.

To some extent, the current blockchain is really facing the problem of difficult to break through the technical bottleneck, difficult to expand the landing scene, and difficult to run through the closed loop of business. If these problems cannot be properly solved, blockchain will not only be unable to solve the problems that the Internet cannot solve, but also will bring its own development into a new development dilemma.

With that in mind, we can take our eyes off the Internet and really focus on blockchain itself. Through continuous improvement of blockchain technology, continuous optimization of blockchain ecology, and continuous improvement of blockchain business closed loop, the development of blockchain industry can truly enter a new stage of development.

conclusion

As the noise of capital begins to fade, what we are seeing is a rational return to blockchain. At this stage, people’s view and understanding of blockchain began to become clearer and better. This is a new beginning for blockchain. Only after such a stage of development can the development of blockchain bid farewell to the previous capital-dominated development stage of the Internet and truly enter a new stage of development with its own distinctive characteristics.

 

 

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