Blockchain Situation in China 〜 ONTology Event Report 〜

in blockchain •  3 months ago


Last Saturday, I participated in the ONTology event! !

ONTology is a new high-performance public multi-chain project from China!
At the event, there was also a story about the latest blockchain situation in China! !

I summarized the report below!

1.ONTology Mr. Jun Li Speech


· Blockchain can be a new infrastructure
· It is important to be able to actually use the application
· There is no current status supported in everyday life
· Do blockchains become infrastructure like the Internet?
· New collaboration required
· What are the merits in reality?


· Bridge between reality and digital is necessary
· If you decentralize, performance will degrade
· Chain network is necessary for platform collaboration
· For collaboration, the protocol is not one
· Using other nodes, you can take advantage of the consensus process
· The ONT token has a fixed currency amount
· Currently more than 20 projects in progress

2.Speech by the Cryptographic Currency Project Team in China, Relay Speech by Partner Company

· Fusion of advertisement and blockchain
· The digital advertising market is still growing
· 8% of the total is unauthorized advertisement
· About 60% of advertisements are Google and Facebook
· Aim for the next-generation advertisement by clearing the task

· Collaboration between Iot and blockchain
· Personal information leaks somewhere is risk
· There is a problem of whether information can be trusted
· We aim to solve these problems by using block chains

· Aim for collaboration of data
· Create protocols with high efficiency and expandability
· Utilize artificial intelligence to solve expandability and security issues
· We plan to apply it to medical and research

· Networking business data
· There is no boundary between online and offline
· 90% of consumption behavior occurs in an offline environment
· Enable access to information by anyone with distributed data storage
· Of course, considering privacy and security

⑤ Contentos
· Content + OS
· The audience is being controlled
· Aim for production of global content creators
· Popular dance dance revolution
· I would like to advance into the education field

· Transport solution with blockchain
· The automotive data market will reach $ 75 billion by 2030
· Whether the data is anonymized is the current problem
· Prospects for further treatment of personal information in the US and Europe
· CarBlock aims for a decentralized market in the automotive industry

3.Panel Discussion


Regulation by Chinese authorities
→ China tends to have a strong viewpoint on how to protect individual investors (Mr. Li)

· In Japan, why is not mining restricted?
→ Cloud mining is gray, and it is not understood at present what customers are affiliated (Mr. Hirano)

· On the movement of funds in China
→ If it is the Internet, there are a lot of enterprises in China, so that is an advantage. The balance between private and government becomes important (Mr. Li)

· What is interesting project in China?
→ We are focusing on our own public blockchain such as EOS, ONTology, NEO. Also, I am interested in the feature that there are few nodes.

· In China, the number of words in the block chain is increasing in entrepreneurship
Indeed, the blockchain is in China, hot topics. However, it is still early stage (Mr. Li)

· What kind of perspectives do Chinese investors have?
→ I have an impression that I am buying alto coin and I do not like trade quite a lot (Hirano)
→ Individual investors are always looking for new investment destination (Mr. Li)

· What is the image of the Japanese blockchain community?
→ Japanese investors are judging calmly, but there are also high risk investors. I am also surprised by the small number of Japanese blockchain projects (Mr. Li)

· Toward collaboration between China and Japan
→ If there is infrastructure, there is a possibility to cooperate in both countries (Mr. Li)
→ As you can see from Binance and NEO, China thinks that it is very aggressive impression and there are places where Japan can learn (Mr. Hirano)

· What kind of block chain industry will China have in the future?
→ Next will be the era of competition, probably it will become the US-China confrontation (Li)
→ Applications will increase more in the near future (Mr. WU)

· What happens when major players such as Facebook have entered?
→ "How do visions and values ​​go?" Becomes important. Because it should not be possible unless you change the business model, profit is hard to get out (Mr. Li)

· A word for Japanese
→ ONTology will do its best to become a next generation public tool (Mr. Li)
→ I hope that more Japanese partners will be added (Mr. WU)

In this post, we are doing upvote by Bot.
It will be an experiment of posting steemit for a limited time only.
Thank you so much for your understanding.




1.ONTology Jun Li氏 基調講演























Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Quite a good compilation of informatio related to ontology. Good work keep it up


Posted using Partiko iOS



Hi @ytrphoto I'm a bot, and wanted you to know that I've upvoted and re-steemed your post to help you with your promotion efforts! -exp

Nicely explained.
Also after a long time I am hearing any news about bitcoin

seems not a good situtation for crypto enthusiasts. I feel sad at this news.

You have recieved a free upvote from minnowpond, Send 0.1 -> 10 SBD with your post url as the memo to recieve an upvote from up to 100 accounts!