Five trends in the blockchain industry in 2020

2019 is destined to be a year of great concern for the blockchain industry. In this year, we have seen the Internet giants accelerate their entry into the blockchain industry, expand their territory, and see that mainstream countries have begun competition for sovereign digital currencies. We have also seen a large number of blockchain applications mature and expand in the process of growth. China has opened a new era of blockchain. The government encourages the development of blockchain technology and has invested billions in blockchain innovation. It is foreseeable that 2020 will be a key year for the blockchain competition.

Chain change acceleration

The speech on October 24 wrote the blockchain into the national strategy, which will have a profound impact on the development of the domestic blockchain industry. With the implementation and guidance of policies, the implementation of China’s industrial blockchain will accelerate by 2020, and the blockchain technology will gradually be devoid of reality and combine with the industry to empower the real economy and effectively bring value to the entire blockchain industry. Development has laid a solid foundation. Blockchain, as the infrastructure of Value Internet, will form a generation of value Internet ecosystem together with big data, cloud computing, artificial intelligence, 5G, etc.

Under this premise, in order to realize the development and application of industrial blockchain, it is indispensable and the most critical way to carry out blockchain + reform of traditional enterprises and government agencies. The application of blockchain technology in the industry needs to be realized through blockchain + reform. At present, companies on the market, blockchain technology service providers, and industry-university-research institutes need to work together to find business application scenarios for blockchain technology and transform the real economy with blockchain.

DCEP / CBDC first year

Since September this year, the government has frequently reported and voiced the forthcoming issue of China’s central bank digital currency DCEP. According to the available information, the central bank’s digital currency DCEP has now basically completed the design and commissioning steps, and will be completed in 2020. Shenzhen, Suzhou and other places have started small-scale testing with high probability. Similar to China, the United States is keeping up with China. On January 16, Accenture, the world’s largest listed consulting company, issued an official announcement saying that it had reached a cooperation with the US Commodity Exchange Commission (CFTC) and launched a digital dollar project.

It is understood that the Digital Dollar Project is a multi-stakeholder initiative designed to advance the exploration of the Central Bank Digital Currency (CBDC) in the United States. The importance of China and the United States is enough to illustrate the importance of central bank digital currencies. At the same time, countries around the world are paying close attention to central bank digital currencies. Several countries around the world have clearly stated that they will launch central bank digital currencies in 2020. There will already be opinions that 2020 will be the first year of CBDC, and the launch of CBDC will undoubtedly form a driving force for the blockchain industry.

Launch of Libra

On June 18, 2019, Facebook officially announced the Libra plan, a super-sovereign digital currency covering 2.6 billion users. However, after the announcement, Libra plans to struggle, many founding members announced their withdrawal, and Facebook founder Zuckerberg also has more. Asked twice to discuss the rationality of Libra. But in 2019, the topic and influence of Libra never faded.

It is expected that after the launch of Libra, major changes will be made to the financial system, but the future of Libra is still unknown. The scope, partners and functions of Libra after its launch may have shrunk significantly compared to before. He may not be what we imagined, but it still has huge influence. Libra, which may be launched in 2020, will let many people realize the changes that digital currency and blockchain bring to people.

Industrial blockchain is booming

With the advocacy and support of national policies, the blockchain industry will flourish in 2020. Among them, the industrial blockchain that emphasizes the integration of technology and traditional industries is bound to flourish. On the one hand, it can establish an efficient value transmission mechanism, through the digitization of assets, improve the liquidity of traditional assets, and then promote the digital transformation of traditional industries, while building an industrial blockchain ecosystem.

Facts have shown that the application scenarios of industrial blockchains are mainly distributed in application scenarios that require high data trust, such as finance, justice, copyright, and medical treatment. In the future, satellite chains, identity chains, judicial chains, data chains, and financial chains There will be great opportunities in the future for the blockchain industry, such as the government affairs chain, which are targeted at various fields and industries.

Increased demand for blockchain talent

The release of the 2019 Blockchain Talent Supply and Demand and Development Report released on the 1st day of recruitment in 2019 shows that the recruitment salary in the blockchain field has continued to fluctuate from 16,000 yuan / month in the past two years, significantly ahead of the national average; software engineers It is the position with the most demand for recruitment; this shows that the demand and treatment of blockchain talents have always been higher than the average.

The demand and treatment of blockchain talents are also more polarized, and the demand for technical talents is relatively strong. At the same time, due to the impact of factors such as the landing of industrial blockchains, in 2020, blockchain consultants, blockchain product managers, and other multi-disciplinary professionals are proficient in multiple fields Talent may be a new need.

Source: 52CBDC


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