Blockchain Iceberg is Near: It’s a New Sea that’s 10 times Larger than the Internet
If Blockchain is a key, almost all business models in the New World opened by Blockchain are worth doing again.
Blockchain is coming.
May 26 2018, a CCTV “dialogue” campaign was relatively impressive at the China International Big Data Industry Expo in Guiyang, straight away the hottest theme “Blockchain — New Order of the Interconnection of Value”.
Mentioning the slightest idea of Blockchain, someone may shake their heads and simply reply, “Isn’t this technology just flipping coins?” Others may regard it as a profound technique inexplicable in words.
Here’s a thought-provoking idea, long before CEO of Merculet, Jiang Mengjun (Benben) was previously engaged in Blockchain projects, he encountered two people that were chatting about Blockchain. This was during of one his trips in participating at an event in the United States. One individual was a real estate investor, and the other was a PhD scholar in Computer Science at Stanford University and served as a CTO for a Blockchain project.
Whoever cares about money or technology, they all fuss about “Blockchain”. This has aroused in-depth curiosity of the Big Boss of Merculet, Benben instantly started to study Blockchain.
In the CCTV episode named, “Dialogue” the moderator has kicked off the program with his first question, “Please explain to us what Blockchain is in the most concise and easy-to-understand explanation?”
The expert panellists in various fields replied as follows:
Stanford University lecture professor and Founder of Danhua Capital, Mr. Zhang:
1. Blockchain technology is a new pivot in the Internet World;
2. the Internet is a medium of exchange of information and Blockchain exchange is the core value;
3. Individuals who can first solve this challenge has the right to add in the next page. This is the core idea of Blockchain.
CEO of Thunderbolt Group, Mr. Chen Lei:
It is better to generalize Blockchain with consensus bookkeeping. Co-bookkeeping has the following benefits:
1. The account is impossible to be incorrect;
2. Open and transparent;
3. This technology is unable to be tampered. Of course, taken into account, Blockchain is integrating algorithms to establish good relationships of trust in many industries more efficiently and high-performance.
Chairman of Zhongguancun Blockchain Industry Alliance, Mr. Motodo:
1. Blockchain is the parallel world of the Internet;
2. Blockchain is to sink the core competence of the Internet company platform and turn it into a common infrastructure for co-construction and sharing;
3. Blockchain allows everyone to return to the same starting line, so it can create a new blue sea that’s 10 times even 100 times larger than the Internet.
Blockchain arises as the identity of the underlying BTC technology architecture. This is due of the interdisciplinary complexity, the Blockchain concept is interpreted differently depending on the perspective of cognition. The only certainty is that Blockchain is bringing infinite imaginary space into human society, and also has a huge impact on the global economic and financial pattern, the real economy.
Chinese Dama and IT Elite is talking about the same Blockchain?
There was an interesting phenomenon during the period at the Data Conference held in Guiyang, Mr. Hainan Boao was also waving around a so-called, “World Blockchain Conference.” CCTV reported, expert discussions around the subject were becoming the hot issue; Over there is also in full swing, but the special actor on stage has cheered up and even fired up public discussion.
Did the two meetings advertise the same Blockchain? The answer to that is — Yes! Although the growth path is different, Blockchain is all-encompassing, the best proof of vitality stage.
Perhaps someone is selling the Blockchain flag, perhaps someone just want to come in to pump coins, dump and make quick money. But Merculet believes that the true value of Blockchain is not to pump coins, nor is it to issue aircoins to make quick money. The real value of Blockchain is to build a low-threshold system of mutual trust through the model of “Contribution Redemption Rewards” which is to break apart the growth dilemma under the traditional corporate monopoly, and to drive as many related roles as possible, to actively participate in ecological construction, consensus, building and sharing a new ecology.
In the new business form and new organizational form based on Blockchain construction, various related roles will pay their own contributions for the same goal. Users gain trusted credentials through contributions (credentials will not be modified at will by the Enterprise centric), long-term holdings, and shared enterprise growth dividends.
The Evolution 3.0 Wave of Blockchain
Since the birth of Blockchain, Bitcoin (BTC) represented the beginning as the 1.0 to the Ethereum (ETH) represented as the 2.0, and then to Merculet (MVP) registered as the 3.0, which evokes the value of the entrepreneurial landing. The iteration is rapid.
Blockchain 1.0: BTC Representation
In the course of more than 10 years of evolution, the Bitcoin community has completed the following three tasks, which has resulted in a global range of self-financial systems, and the creating of new business models:
- Usage of “Air tokens” — Bitcoin should motivate as many miners as possible to participate in bookkeeping in order to avoid the possibility of a single node manipulating the books. As long as a miner contributes to his or her calculation to the Bitcoin bookkeeping, he or she would acquire, at the time considered a so-called, “air” Bitcoin. This is due to the face, intrinsic value of the BTC was hard define at the time;
- In the case of multi-person bookkeeping, a consensus algorithm is used to ensure that the same ledger is recorded;
- To complete the acceptance work through Point-to-Point trading, over-the-field trading, digital exchanges and other transactional means.
After long years of iteration and evolution, Bitcoin has its own pricing system. Because of the participation of many players, Bitcoin has finally become, for the first time on a global scale, a decentric product that is completely detached, independent of the will of Governments, which why it was honored as the Blockchain 1.0. In some way, it also makes up for the barriers between businesses brought about by the lack of basic systems.
To make a less precise metaphor, Bitcoin is the realization of similar banking system (bookkeeping and acceptance) through computer coding for the first time. Because of the theoretical central design, the threshold accessing to the relevant users’ trust is relatively low.
Blockchain 2.0: ETH Representation
Bitcoin has brought a new ecological construction method, using consensus to drive the big ecology, although bitcoin is ideal, there’s only one bitcoin to implement their own ecological construction through the Bitcoin network, which is complexity. Ethereum, on the other hand, makes it possible for everyone to pass on evidence, making enterprises, communities, KOLs witness the possibility of a new business form:
- Anyone can issue their own pass-through in Ethereum through the model of smart contracts;
- Publish white papers so that all those who identify with the target pay a variety of resources to make contribution on the project;
- As a result of the large number of project issuance passes, a digital exchange for the exchange of values between different certificates was born.
The initiative of the Ethereum not only greatly lowered the threshold of entrepreneurships, but also opened the door to the transformation of production relations. For the first time ever, the Ethereum allows everyone to raise different types of resources for the world, making them work for their goals, which is called the Blockchain 2.0. The development and construction of Ethereum network is a typical representative of issuing pass, obtaining consensus, exchanging value and ultimately truly building ecology.
By making another less precise comparison, the Ethereum network for the first time in human history that a computer has achieved a similar “Trade and Industry Bureau” trust system, however, to register with the code to this trade and Industry Bureau, which every credential can be issued through it. They are generated through intelligent contracts, they can’t be tampered, can be found in public, easy to large-scale distributed collaboration.
However, because the ether square is not designed for enterprise-class landing goals, there are a large number of landing barriers in entrepreneurs in the use of certificates to land their own ecological process, resulting in fundraising has become the largest application of the era of Ethereum, and thus, it brought a large number of air tokens and capital disk games, so the acceleration of this 2.0 era is coming to an end.
Blockchain 3.0 in the Merculet’s Scope: Value of Entrepreneurial Landing
It has to be admitted that entrepreneurs around the world are going through an era of old and new alternating anxiety.
On the way to start a business, entrepreneurs will more or less encounter such a situation: entrepreneurs raised money through the traditional means from investors, turned to the hands of channels and intermediaries; tens of millions of users who live in CRM (Customer Relationship Management) system typically do not have the slightest relationship with them…
Coupled with head monopolies, traffic and channel monopolies, excessive user choice and experience of excess, Blockchain brings a whole new solution.
Blockchain brings a more open approach — through the whitepaper style of community culture, as many ecological stakeholders as possible understand and participate in the actual construction of this ecology, which will form the actual restraint capacity of ecological operators at the same time. By constructing a new interest alliance, we use algorithms to build a system of mutual trust and promote large-scale distributed collaboration. On this basis, the real break-up of the giant monopoly reconstructs all walks of life, restarted the forestry, and in the process, it is possible to give birth to new species.
The real difficulty lies in how to erase the gulf between the “current Blockchain business form” and “to actually land a business through a Blockchain”. For an entrepreneur, registering a company is just the beginning, and then a series of product and operational support is needed to really get things off the ground. The business form of the Blockchain world also requires supporting solutions to support it, but the current Blockchain area is almost a vacuum zone.
After issuing the pass, the behavior evaluation, the user value identification, the incentive system, the Super node identification, the automatic issuance of the certificate, the establishment and verification of the incentive system, the establishment of the two-way communication incentive system, the balance between the long and medium term user rights and interests, the joint activities with other certificates, the performance requirements of the internet level, Product support, enterprise-class privacy protection ,they require product support for all aspects.
Merculet not only can understand the difficulties of entrepreneurs deeply, but also commit to solving these difficulties.
The mission of Merculet is to erase these divisions, to allow the value of entrepreneurs has truly landed, and created a refactoring of all walks of life to spawn new species.
According to a recent research report by Thomson Reuters, all of the chain patents (Amounted to 406) of 2017 released on annual global, 56% of them are from China, followed by the United States, accounting for 22%.
The new business logic of Blockchain has been constantly validated, which is bound to be a new opportunity on the commercial battlefield, it is exciting that this opportunity is not only a monopoly of the enterprise, but also belonged to all field aiming for innovation.
What is Merculet? It is to help you build the Blockchain key, and you only need to simply open the box to use it.
As the Chief Growth Officer of Global Entrepreneurs, Merculet focuses on how to quickly help entrepreneurs land their value and become the refactor for all kinds of commerce in a Blockchain manner. Merculet is making every effort in creating an enterprise-class growth eco-platform that will allow the next generation of global Internet to operate on this platform and truly restart the “flowering Internet”.
Blockchain is the next internet revolution, Merculet’s ambition is to create the infrastructure of the next generation of the Internet and fill the gaps in Blockchain technology in the business world. Cloud computing has spread distributed concepts around the world, and Merculet will bring distributed commerce to the ground globally.
Wanted — who can “again” let the world have no hard business to do.
Jack Ma once said when he founded Alibaba, allowing a business in making the world is now without difficultly. The way in doing business has fundamentally changed today, Merculet sees the huge potential and opportunity for Blockchain to become the refactor the business world.
Merculet says, let the world have no difficultly in doing business ever again, we’re doing it in new way “again”! Identify with the great value of Blockchain in business joining arms with Merculet, do contact us!
Adding more partners with consensus and handedly beat the market together!
