“Many provincial and municipal governments in China have integrated the blockchain technology into a series of construction schemes of the new infrastructure. As an important support for the construction of trusted networks in the new infrastructure, the blockchain is an objective need to boost the high-quality development of the digital economy. However, the blockchain can give full play to its maximum value only if it is integrated with other innovative technologies. Okcloud chain will comprehensively promote the integration and innovation of blockchain big data and bring the region into full play The governance paradigm of blockchain data is applied to real life and contributes to the construction of blockchain industry ecology. “Zhang Chao, vice president of okcloud chain, was invited to deliver a speech and expressed his gratitude at the sub forum of” blockchain government and value interconnection “of the 9th China SME investment and financing fair (hereinafter referred to as” investment and financing fair “) and China blockchain Industry Summit held on September 10.
CIFIT was founded in 2013 and held every year. The previous conferences gathered the wisdom and experience of industry leaders, which is of far-reaching significance in promoting the implementation of relevant policies and enabling the development of small and medium-sized enterprises. As the first speaker of blockchain enterprises at the conference, Zhang Chao talked freely about blockchain big data, combating new crimes, on-line data governance and other topics based on the ecological practice of okcloud chain blockchain around the theme of “opportunities and wild prospects of blockchain big data”.
Blockchain big data overweight supervision innovation releases technical value
Technology and policy are the two main factors that determine the direction of blockchain. Today, the era of digital economy is coming. At the policy level, the blockchain has been included in the national strategy and new infrastructure, and the blockchain has also begun to enter a new era of orderly and useful development.
However, any technological development has its two sides. Zhang Chao said that from the four aspects of massive data processing, complex data structure, fast data growth and update speed, and low value dimension of single data (due to massive data needs to be cleaned), the fatal weakness of the current big data era is the wide source of data on the chain, 360 degree holographic visibility, wide range and cross reuse of data, and lack of trust and security, It brings a series of security problems.
However, this series of problems also gave birth to many data analysis tools on the chain. Zhang Chao further said that a single blockchain technology can not meet the industrial demand. Some companies with a keen sense of smell and good use of technology better enable new infrastructure and data governance on the chain by combining blockchain technology with 5g, big data, Internet of things and edge computing. For example, oklink cloud chain uses “blockchain + big data + AI” to “downsize” the data with the help of human computer vision, semantic recognition, massive data processing and other technologies; At the same time, give play to the advantages of blockchain distributed ledger, such as traceability, tamper proof and consensus gathering, promote the change from “information network” to “trust network”, and create a new engine for the development of digital economy.
“The value of blockchain big data analysis can first be combined with supervision and anti money laundering”. In Zhang Chao’s view, the most important task of supervising new crimes is to break the point of anonymity, namely, how to analyze the addresses on the chain through data analysis, and then do user portrait analysis to find the suspect. The technical characteristics of blockchain effectively make up for the information security problems faced in the application of 5g technology, and effectively improve human trust in 5g. Once the data transmitted through 5g is linked, no individual or organization can change the data. Once someone illegally tampers with the data, the blockchain can also implement traceability and lock the tamper immediately.
In this regard, Oko cloud chain has made a good attempt. According to Zhang Chao, in addition to promoting judicial construction and establishing a judicial expertise center with digital currency and electronic data verification, oklink cloud chain also launched “oklink SkyEye on the chain” and “SkyEye pro on the chain” for data monitoring and transaction behavior visualization on the chain, structured data processing, and then opened it to users such as public security organs and the law as an infrastructure, It has helped public security organs in nearly 30 provinces and cities recover tens of billions of funds.
Technological innovation is the primary productive force. “Okcloud chain first did a very simple thing, but it is a repetitive and laborious thing. Okcloud chain monitors the dynamics of the addresses on the chain of all known mainstream digital assets through technical output, and labels them through a series of clustering algorithms, neural network algorithms and ant colony algorithms, so as to obtain user portraits and pre-warning, so as to find the capital disk Growth process. It involves data governance, data flow and data termination, “said Zhang Chao.
Create “Bloomberg on the chain” and implement the governance paradigm of blockchain data
With more and more blockchain applications in the Internet field, the improvement of public chain performance and data governance will also be particularly important. In fact, the data governance mechanism already exists in the traditional Internet big data and massive data processing. Zhang Chao said that many large enterprises around the world can process big data through machine learning, but they process data on the traditional Internet. As a global blockchain leader, okcloud chain processes data on the blockchain.
Zhang Chao believes that whether solving the front-end data analysis problem through edge computing or distributed supercomputing centers, or using 5g or even faster transmission mode as an information transmission mechanism to feed back the data to the central control brain (AI), a key problem will be involved, that is, data cleaning and governance.
In order to better enable the governance and use of chained data, oklink cloud chain, combined with the core underlying technology of oklink honeycomb architecture and based on the expansion of plug-in architecture, launched the master on the chain, relying on the 10000 + data indicators of 9 public chains, using OLAP database for offline + real-time analysis, and using pre calculation scheme to meet the all-round multi-dimensional index output of data on the chain. At present, the data of “defi”, “institutional data”, “NFT ranking list” and “poca ecology” have been launched and continuously updated.
Zhang Chao vividly compares the master on the chain to “Bloomberg on the chain” , according to him, the above data section is closely related to the governance of data on the chain. It allows ecological participants to carry out secondary development of data and open all index data on the public chain to the society. Science and technology companies, educational and academic units, financial institutions and regulatory institutions can participate, especially providing a lot of ecological themes for investment and research institutions.
“As a means for human beings to promote social development, technology is always iterative, but the methodology of these bottom data and application layer data needs to be retained, consolidated and innovated in order to build a new highland of value Internet.” Zhang Chao frankly said that at present, the development of the domestic blockchain industry has ushered in a trend of good development from all levels. Okcloud chain takes the initiative to move closer to the macro policy support and guidance for the application of blockchain technology innovation. He hopes to apply the governance paradigm of these blockchain data to real life and the construction of Digital China. In the future, oklink blockchain will focus on oklink blockchain browser, Continuously expand the product line in the field of security and data services to help the development of China’s blockchain industry.
Reprint indicated source：Shine Trader Limited Live information