[Baidu released a solution to the development of blockchain - "Super Chain" to solve the problem of energy consumption] According to reports, at the opening ceremony of the 2018 Chain Valley Auditorium held in Suzhou, the first member of Baidu's blockchain Xiao Wei was the first Released Baidu's solution to the development of blockchain - "Super Chain." This "compatible developer ecosystem of Bitcoin and Ethereum not only can insert and remove consensus mechanisms to solve the current energy consumption problem, but also supports single-chain support of 100,000 concurrent".
Xiao Wei said that Baidu is currently completing a block chain transformation of its own business based on this super chain, and has already released a blockchain project related to “copyright protectionâ€.
AllInAI’s Baidu has been constantly deploying in the blockchain field. Baidu, as the world's largest Chinese search engine, has a strong technical foundation and number of bases. In 2016, Baidu invested in the US blockchain payment company Circle to provide users with digital currency services; in 2017, Baidu Finance issued ABS projects, followed by Launched the blockchain open platform BaaS and publicly-listed ABS in the first single venue in China.
In April of this year, Baidu launched a blockchain original picture service platform - Totem. According to its official introduction, Totem mainly provides image copyright protection, utilizes blockchain technology, cooperates with credible timestamp and double-marked chain stamp authentication, generates copyright DNA for each original picture, and truly realizes traceability of original works.
At the end of May, Baidu Encyclopedia quietly went on the chain. Using blockchain technology, the platform can use the timestamp and hash algorithm to verify the rights of each edition of Baidu Encyclopedia to record the historical version of the Wikipedia entry and the author's and editorial time. Record all the changes of the sub-item in real time, achieve the purpose of depositing certificates, and work better with real-name users.
Bai Qiao blockchain's native application manager Chai Qiaozi told Babbitt: "At this time, there is a combination of stock business and chain, and then there is a brand-new product, 1.0 is based on the blockchain. The concept of the product , positioning, and architecture are all integrated with the blockchain, and will publish their own rights and benefits licenses, based on Baidu's own bottom line.†And the application scenario will be “the area where Baidu is relatively good at.â€
Reporters exclaimed:
“City Wall†is your core technology. When you have core technology, does your core technology continuously iterate and innovate? "Moat" refers to how you resist the enemy's attack. This mainly depends on two points, the first consumer relationship, and the second capital escort. The flexible use of capital, from the beginning of financing to investment, has become very important today. I have seen many large companies. The chairman is basically sitting on the top floor. Some people are very poor. One person enjoys one floor and the chairman becomes the world’s most lonely person. But the higher you sit, the less you know about the bottom, and all the changes happen at the bottom. To solve this problem, you either deconstruct the entire organization or continue to invest in the track and form step guards through investment.
- Famous financial writer Wu Xiaobo
No matter what kind of business model, its starting point must come from the user's pain points, is an undiscovered or satisfied demand. In simple terms, any business model is derived from the company's understanding of user needs and pain points. In the process of exploration and growth, a business model is guided by the user to move forward most of the time. If you don't have enough user bases, the pattern won't hold. Conversely, some giants will lose some business opportunities (seriously or even lose their foundation), largely because they have lost some of their curiosity and understanding after experiencing some successful models. The judgment of new things is not Consciously brought the model frame.
- Chairman of the Qihoo 360 company, famous angel investor Zhou Hongyi
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