Viewpoint: With the release of the "Guiding Opinions", what are the "policy dividends" for the development of blockchain?

On June 7, the "Guiding Opinions of the Office of the Central Cyberspace Security and Informatization Committee of the Ministry of Industry and Information Technology on Accelerating the Application of Blockchain Technology and Industrial Development" (hereinafter referred to as the "Guiding Opinions") was officially released.

The Guiding Opinions firstly clarified the definition of blockchain and the development goals of my country's blockchain industry: by 2025, 3-5 backbone enterprises with international competitiveness and a group of innovative leading enterprises will be cultivated, and 3-5 blockchain industry development clusters will be created. At the same time, a group of famous blockchain products, enterprises and parks will be cultivated, an open source ecosystem will be built, and both shortcomings and strengths will be strengthened to accelerate the creation of a complete blockchain industry chain.

In order to understand the highlights of the "Guiding Opinions", the impacts it will bring, and the directions that practitioners in the blockchain industry can work towards, a reporter from "Blockchain Daily" interviewed Yu Jianing, the rotating chairman of the Blockchain Committee of the China Communications Industry Association.

"Blockchain Daily": This afternoon, the Ministry of Industry and Information Technology and the Cyberspace Administration of China issued guiding opinions on accelerating the application of blockchain technology and industrial development. What impact will this have on the blockchain industry?

Yu Jianing: The "Guiding Opinions on Accelerating the Application of Blockchain Technology and Industrial Development" released this time clearly pointed out that in terms of guarantee measures, we must actively promote application pilot projects, increase policy support, guide local governments to accelerate exploration, build a public service system, strengthen industrial talent training and deepen international exchanges and cooperation.

The release of the Guiding Opinions means that the country has basically completed the top-level design for the development of the blockchain industry. At the same time, it has clarified the development goals of the blockchain industry in the next 10 years. It has important guiding significance for the overall development of the blockchain industry and further leads the blockchain industry to the path of high-quality development. It indicates that the "policy dividend period" of blockchain development is coming. In the future, driven by the central and local policies, blockchain-related innovation resources will gather rapidly, and blockchain will usher in a new wave of application "landing tide". In terms of details, the future blockchain underlying platforms, products and service companies will receive policy support, and industry talents will be trained faster to promote the formation and growth of advantageous industries.

Blockchain is essentially a four-in-one innovation, and it is also the "mother" of more industrial innovations in the future. Promoting industrial development through industrial policies is an important experience in the economic development of countries such as Germany, Japan, and South Korea. Only by improving policies to promote the high-quality development of the blockchain industry, improve the industrial system and market system, and promote integrated innovation and integrated applications can my country occupy the commanding heights of innovation and gain new industrial advantages in the emerging field of blockchain.

At present, my country's blockchain technology continues to innovate, and the blockchain industry has taken shape. With policy support and promotion, the application of blockchain technology is expected to enter a new stage of "industrial blockchain 2.0" in the future. The integration of industry chain + asset chain + data chain + technology, as well as the application of digital RMB, will gradually deepen and land, driving the further integration of my country's digital economy and real economy, and contributing to the high-quality economic development at the beginning of the "14th Five-Year Plan".

Blockchain Daily: What highlights do you find here that are worthy of everyone's attention?

Yu Jianing: The Guiding Opinions pointed out that the key tasks of the blockchain industry in the future include empowering the real economy, improving public services, consolidating the industrial foundation, building a modern industrial chain, and promoting integrated development. This has pointed out that the value of blockchain will be revealed in the process of empowering the real economy, transforming industry logic, and promoting industrial upgrading. In the future, if my country's blockchain companies want to develop, they must think about how to provide data transformation, intelligent upgrading, and integrated innovation services for other industries.

In terms of details, this Guiding Opinion should coordinate policies, markets, capital and other resources, cultivate a group of blockchain "famous enterprises" with international competitiveness, and play a leading role in demonstration. At the same time, it is encouraged to deepen the development of subdivided fields, take the path of professional development, and create a group of unicorn enterprises. Guide large enterprises to open up resources, provide infrastructure for small and medium-sized enterprises, and build an industrial ecology of multi-party collaboration, mutual benefit and win-win. In this way, a modern industrial chain can be built in depth. It is also encouraged that localities combine resource endowments, highlight regional characteristics and advantages, and build a blockchain development pilot zone and a blockchain "famous park" in accordance with the concept of "regulatory sandbox". In other words, in the future, there will inevitably be certain policy incentives and support for the development of blockchains that meet the standards, which will be of great benefit to their blockchain technology innovation.

Blockchain is a "hydrogen bomb-level" weapon in the business world, but any technology or financial innovation that cannot serve the real economy has very limited value. Only when it can be deeply integrated with the real economy's industries, effectively serve the main line of supply-side structural reform, and promote the formation of a virtuous cycle between finance and the real economy, can the value and power of blockchain technology be revealed.

"Blockchain Daily": What are the areas that practitioners in the blockchain industry can work towards?

Yu Jianing: For enterprises, the network layer, data layer, general protocol layer and application layer are all directions that can be considered. For individuals, engaging in blockchain architecture design, underlying technology, system application, system testing, system deployment, operation and maintenance and other engineering technologies, using blockchain technology and tools, and engaging in the application and operation of government affairs, finance, medical care, education, elderly care and other scenario systems are all the focus of market demand.

From the perspective of future development, the demand for professional talents in all aspects of the blockchain industry, including technology, finance, law, and industry, will become increasingly greater. Blockchain involves many knowledge fields such as IT, communications, cryptography, economics, and organizational behavior, and requires a highly complex knowledge system. Professional blockchain talents play a decisive role in the innovative development of the blockchain industry.

However, the development of blockchain talents still faces three major bottlenecks: First, a large number of practitioners in the Internet, finance and other industries hope to switch to the blockchain field, but lack professional knowledge reserves and training experience, resulting in a lack of systematic cognition, fragmented and one-sided knowledge, and insufficient matching with the high-standard job requirements of blockchain; second, the level of integration between industry and education is relatively low, and there is a disconnect between the actual knowledge structure of college students and the job requirements of the blockchain industry. They do not understand cutting-edge cases and tools, and must learn again to enter the blockchain industry, and practical training teaching is urgently needed; third, the blockchain industry has high salaries, resulting in fierce job competition and high job requirements. It is difficult for practitioners with relatively little experience to obtain practical opportunities, and it is not easy to accumulate industry experience.

Currently, there is a serious shortage of blockchain talents, especially compound talents of "blockchain + industry", and the supply continues to exceed the demand. To become a blockchain talent, the key is to upgrade your thinking and truly master "blockchain thinking". This is a complex thinking system that integrates Internet thinking, financial thinking, community thinking, and industrial thinking.