Release time:2025-09-12
Let's talk about what blockchain means to those who see it as the Promised Land and All in All.
The first hypothesis comes from the possibility of blockchain disrupting Internet Tech Giants. At present, centralized platforms such as BAT, Google, and Facebook all monopolize massive amounts of data and control our privacy. Recently, Facebook leaked the information data of more than 5,000 users as an example.
In the future, relying on the decentralized characteristics of blockchain technology, it is possible to recreate a new type of ecosystem that does not require the participation and intervention of a centralized platform. Users can reach each other directly from point to point, and there is no need for trust between each other. Once such a network rises, the power of Internet Tech Giants will be eliminated, and data rights will be returned to users.
The second assumption is that through blockchain technology, the production efficiency of the whole society is optimized. For example, three companies, A, B, and C, make up the world. If we do optimization of A, B, and C, will we achieve global optimization by default? It should be the total system optimization of A, B, and C combined, right? Liu Dong, Vice President of Accenture Greater China and President of Beijing Institute of Technology, explained to Huxiu Sniff.
Humans do spend too much energy on small-scale optimization, and blockchain has the opportunity to do overall optimization. Because the core value of blockchain is that it is a public ledger that can cross the boundaries of A, B, and C, exchange information and data to achieve global optimization.
This goes a long way. For now, the reality of using blockchain to improve efficiency within enterprises and industries is already happening.
Arno Laeven, head of blockchain technology at Royal Dutch Shell, told Huxiao Featured, We believe that blockchain can bring convenience to trade payments. The goal of the platform is to establish a more efficient process.
Michael White, CEO of the Maersk-IBM blockchain joint venture, said in an interview with Tiger Sniff: We hope to use blockchain technology to create a barrier-to-entry and trusted environment to solve these shortcomings in global trade, increase the transparency of its entire chain, make the collaboration between the entire process more smooth, and reduce management costs.
In fact, the most promising space at the blockchain application level is still in enterprise applications, with IBM and Microsoft already accounting for more than half of the market.