Chain Creates the Future - Xunlei Launches Global Blockchain Application Competition

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On April 20, the "Chain Creates the Future" Blockchain Application Value Technology Conference jointly sponsored by Xunlei Group (hereinafter referred to as "Xunlei") and Geekbang Technology was held in Beijing. At the meeting, Xunlei released the world's first blockchain application with millions of concurrent processing capabilities - Xunlei Chain, which broke through the scenario limitations of smart contracts for the first time and formed an application scenario combined with the real economy. On the same day, the "2018 Xunlei Global Blockchain Application Competition" was officially launched.


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The application value of Xunlei blockchain technology in the future of Lianchuang


Xunlei is an old Internet company with a number of patents for P2SP download acceleration technology. It has created an efficient, intelligent and secure Internet experience for more than 400 million users. Later, based on the "distributed" gene, it transformed into a shared computing business in 2015. Individual users and enterprise users have created a wealth of products and services such as audio-visual entertainment, cloud acceleration, cloud storage, and cloud computing. And relying on its own advantages in cloud services to enter the blockchain field, in just two years, it has developed its own market at the level of blockchain technology.


The rise of blockchain


Blockchain is a new application mode of computer technology such as distributed data storage, point-to-point transmission, consensus mechanism, and encryption algorithm. The so-called consensus mechanism is a mathematical algorithm that realizes the establishment of trust between different nodes and the acquisition of rights and interests in the blockchain system. As early as 2009, the blockchain has come out, but with the advancement of technology in the past two years, the blockchain technology has become so hot. Blockchain technology has now reached the era of 3.0. The era of 1.0 is only reflected in digital currency. The era of blockchain 2.0 is mainly reflected in digital assets and smart contracts. In today's era of blockchain 3.0, the blockchain is officially linked to mobile terminals. .


Blockchains are divided into three categories: public blockchains, any individual or group in the world can send transactions, and transactions can be effectively confirmed by the blockchain, and anyone can participate in its consensus process. The public blockchain is the earliest blockchain and the most widely used blockchain. The virtual digital currencies of the major bitcoins series are all based on the public blockchain. There is only one blockchain corresponding to this currency in the world. ;Joint (industry) blockchain, multiple pre-selected nodes are designated as bookkeepers within a group, and the generation of each block is jointly determined by all pre-selected nodes (pre-selected nodes participate in the consensus process), other access nodes can Participate in transactions, but do not ask about the bookkeeping process (essentially, it is still managed bookkeeping, but it becomes distributed bookkeeping, how many pre-selected nodes are, and how to determine the bookkeeper of each block becomes the main risk point of the blockchain), Anyone else can make limited queries through the open API of the blockchain; private blockchains only use the general ledger technology of the blockchain for bookkeeping, which can be a company or an individual who exclusively enjoys the blockchain. Write permission, this chain is not much different from other distributed storage solutions.


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Chen Lei, CEO of Xunlei Group and CEO of Netxin Technology


Future development prospects


At this conference, the author was fortunate to interview Chen Lei, CEO of Xunlei Group and CEO of Wangxin Technology. When talking about his views on the future development of blockchain, Chen Lei said: "The industry of blockchain in China may grow rapidly in 2018. , Blockchain can have a good landing in medical, health, and retail industries." Blockchain technology has many similarities with the Internet, and Chen Lei also compared blockchain technology with electricity, Chen Lei said. I believe that the blockchain is equivalent to the electricity technology of the last century. When electricity was first discovered, people did not know that electricity would bring such earth-shaking changes to our lives, and now it is difficult to imagine people's lives. Electricity may not be used. Similarly, the same is true of blockchain technology. In the future, blockchain technology may not only bring optimization to enterprises, but also bring qualitative changes to enterprises, which may become a technology that subverts the industry.


Blockchain is also an essential prerequisite for the true realization of the sharing economy. At present, most of the application of blockchain is mainly reflected in enterprises, which is just a "small test" of blockchain. "Using blockchain technology in the field of sharing economy can realize the real sharing economy," Chen Lei believes. "In the current sharing economy, most of the resources are actually created by enterprises for users to use. Xunlei's sharing economy is to idle users. Resources are shared." And the transformation from B2C to C2C or even C2B is inseparable from blockchain technology. At present, Xunlei has proposed the concept of shared computing in the sharing economy.


In essence, shared computing is to install an intelligent hardware connected to a router in the user's home, collect the user's idle network bandwidth, storage, computing and other resources, and convert it into CDN services through technical means for enterprises to use, which reduces the operation cost of enterprises. At the same time, users also get corresponding benefits and save social computing resources, which can be said to be a win-win project for all parties. At present, the device launched by Xunlei to users in the field of shared computing is the player cloud, and it provides star domain CDN services for video and live broadcast enterprises on the B side.


Chen Lei also revealed that Xunlei is expected to launch a product based on blockchain technology for copyright protection this year. Chen Lei said that this is not just a product used to protect corporate copyrights, it will be more applied to protect the intellectual property rights of ordinary users. Based on the blockchain, it cannot be tampered with and is open (the system is open, except that the private information of the transaction parties is encrypted, the data of the blockchain is open to everyone, and anyone can query the block through the public interface Chain data and development of related applications, so the entire system information is highly transparent) and other characteristics, can realize the tracking and traceability of information such as videos, documents, pictures and other information released by users, so as to realize the protection of users' intellectual property rights.


Million Award Chain gathers blockchain talents


In order to promote the development of blockchain technology, Xunlei and InfoQ China announced at this conference to jointly host the "2018 Xunlei Global Blockchain Application Competition". Lai Xin, chief engineer of Xunlei Chain, said at the meeting that Xunlei will open up the capabilities of Xunlei Chain, gather top blockchain expert jury panels, and provide millions of bonuses, and strive to find outstanding talents in the blockchain field at home and abroad and excellent projects with innovative capabilities. , to vigorously promote the related applications of blockchain and empower all walks of life. As a result, the blockchain technology is now "removing the virtual to the real", and its application has landed in the real economy. "Xunlei has always been committed to building a blockchain ecosystem and continuous technological innovation to promote blockchain applications to empower various industries, and ultimately serve countless individual users." In this context, Laixin further pointed out , Xunlei will open up the capabilities of Xunlei Chain for the "2018 Xunlei Global Blockchain Application Competition" launched on the same day, build "China's first professional blockchain technology exchange and application development platform", and support it with a bonus of up to one million yuan. Domestic and foreign university personnel, research institutes and other research institutions, enterprise practitioners, and developers and researchers interested in blockchain technology participate in the competition as individuals or teams and contribute excellent blockchain works.


On the one hand, Xunlei Chain opens the blockchain basic technology and tool support to all participants, and at the same time helps the participating teams to improve their abilities and polish their works in the process. With Xunlei's super blockchain platform based on the combination of original shared computing and blockchain, Xunlei Chain, enterprises and individual developers can easily go on the chain, making their products and services credible, open, transparent, Traceable features, greatly improve business efficiency, and realize the spread of various blockchain application scenarios. On the other hand, the huge bonus of millions of dollars and the one-to-one review of ultra-luxury experts provide the participating individuals and teams with dual support from project funds to professional consultants. It is reported that Xunlei has set up a variety of awards for this competition, and a special project incubation fund of 400,000.


Through this competition, Xunlei hopes to achieve three goals: to find landing projects, to discover, cultivate and excavate truly valuable blockchain application projects, to promote the commercialization of blockchain application projects, and to make blockchain technology truly benefit people. ;Discover blockchain talents, the blockchain talent market continues to boom, and there is a large talent gap. This competition aims to find outstanding technical talents in the blockchain field at home and abroad through the setting of competition questions and bonuses, and to provide a talent development platform; Blockchain ecology, through this competition, create a blockchain ecology composed of blockchain guidance institutions, technical talents, technology providers, users, investment institutions, media, and community communities, so that all parties in the ecology can gain beneficial.


Through this conference, we can also see that Xunlei has great ambitions in the field of blockchain, and Chen Lei also said that the value of blockchain is not only a storage technology, but a technology that can bring about social change. The combination of blockchain and the real economy can greatly promote the transformation and development of the real economy, thereby promoting the development of the overall social economy.


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