FISCO BCOS uses the name 'Fei Shuo Chain', and the blockchain industry presents five major development trends of Block chain

FISCO BCOS enables the name of ‘Feishuolink’, and the Block chain industry presents five major development trends.

21st Century Economic Report Huang Zixiao

2024-12-25 14:20

On December 24th, the ‘2024 Industrial Blockchain Achievement Release and FISCO BCOS 7th Anniversary Ecological Conference’, sponsored by WeBank and the Shenzhen Financial Blockchain Development Promotion Association under the guidance of the Shenzhen Local Financial Supervision Bureau, was officially held. At the conference, the new Chinese brand name ‘Feishuo Chain’ for FISCO BCOS was officially launched.

At the meeting, the “2024 FISCO BCOS Industrial Application Development Report” was officially released. The report summarizes the five major development trends in the industry, pointing out that Blockchain, AI, privacy computing, and other different cutting-edge technologies are accelerating integration and have become the underlying standard technology for the digital economy. The five major development trends are:

1. In terms of market structure, the blockchain industry is moving towards maturity and rationality, and market participants are experiencing segmentation and integration, with increased concentration.

2. In terms of policy, the government continues to encourage Blockchain to play a key role in data circulation and industrial digitization;

3. In terms of technology, the Block chain technology continues to upgrade to better adapt to financial-grade, domestication, and open requirements;

4. In terms of standards, the continuous iteration of technology is driving the continuous improvement of the standard system, and China’s international discourse power and rule-making power in the Blockchain field are accelerating.

5. In terms of industrial applications, Blockchain continues to deepen its application in digital infrastructure and green development, and constantly makes new breakthroughs in data value release and technology integration applications.

(21st Century Business Herald)

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On December 25th, Southern Finance reported that on December 24th, the “2024 Industrial Blockchain Achievement Release and FISCO BCOS Open Source Seventh Anniversary Ecological Conference”, guided by the Shenzhen Local Financial Supervision Bureau and hosted by WeBank and the Shenzhen Financial Blockchain Development Promotion Association, was officially held. At the conference, the new Chinese brand name for FISCO BCOS, “Fei Shuo Chain”, was officially launched.

At the meeting, the ‘2024 FISCO BCOS Industry Application Development Report’ was officially released. The report summarizes five major development trends in the industry, pointing out that Blockchain, AI, privacy computing, and other cutting-edge technologies are accelerating integration, and have become essential technologies at the underlying level of the digital economy. The five major development trends are:

1. In terms of market pattern, the Blockchain industry is moving towards maturity and rationality, and market participants are experiencing stratification and integration, with an increase in concentration;

2. In terms of policies, the government continues to encourage the Blockchain to play a key role in data circulation and industrial digitization;

3. Technically, the Blockchain technology is constantly upgrading to better adapt to financial-grade, domestic, and open requirements;

4. In terms of standards, the continuous iteration of technology is driving the standard system to become increasingly perfect, and China’s international discourse power and rule-making power in the Blockchain field are accelerating.

5. In terms of industrial applications, the Blockchain continues to deepen its application in digital infrastructure and green development, continuously making new breakthroughs in data value release and technology integration applications.

(21st Century Business Herald)

Source: Sina

Author: 21st Century Economic Report