When the era of competition is over, the future of blockchain depends on the giants


The ebb of capital has signaled the end of the development era dominated by the concept of blockchain. It is precisely because of the ebb of capital that we will not see a great leap forward like the development of mobile Internet, but pay more attention to the exploration of the depth and breadth of blockchain application and the business model it brings. When the herd lacks the endogenous power of capital, the future development of blockchain may still need to see the giants.


The original and true nature of blockchain technology requires the support of more resources, and the giants with their own resources have innate advantages. If we only apply blockchain technology to digital currency, its ability will be greatly limited. Therefore, in order to achieve greater development in the future, blockchain technology needs to be separated from digital currency and continuously enriched and improved. These resources are difficult for small and medium-sized entrepreneurs to afford, and for Internet giants, they can use their advantages accumulated in the era of mobile Internet to promote the enrichment and improvement of blockchain technology. From this logic, the future development of blockchain technology still depends on the future development of Internet giants. It can even be said that the implementation and application of blockchain technology by future Internet giants directly determines the future development trend of blockchain technology. At this time, blockchain technology can undoubtedly join big data technology, cloud computing technology and artificial intelligence technology to become a scalpel for the giants to solve the pain points and problems they are facing.


The application of blockchain technology by Internet giants we see is mostly used to solve the pain points and problems of traditional industries. The mainland of their own business provides rich soil for the application of blockchain technology, so that the blockchain technology can really achieve the landing, and can really get nutrition from the landing process. The scale effect and industrial chain model required by the maturity of blockchain requires a strong ability to integrate resources, which only Internet giants have.

The so-called blockchain technology is actually a process of reshaping the traditional industry, and it needs to stimulate the energy of every process and link within the industry. It seems to stimulate the vitality of every process and link, but if you do not restrict a certain process and link, it is difficult to ensure that the blockchain technology can really play the real level. Only those Internet giants or new unicorns can truly stimulate the potential of different processes and links to achieve the ultimate goal of blockchain landing. Satoshi brought us digital currency, but we finally harvest blockchain.

When people are used to looking for the growth possibilities of blockchain in the soil of digital currency, we should pay more attention to the development possibilities of blockchain outside of digital currency. Maybe this is where blockchain can really play a more valuable role in the future. Although we are all embracing blockchain technology, the Internet giants who have already formed the advantage of scale may be the ones who can really bring the potential of blockchain technology into full play.