Is blockchain bigger than Bitcoin? It is better to do it smartly than to do it early, and it is better to do it well than to do it smartly.

Blockchain technology Is blockchain greater than Bitcoin? It is better to do it smartly than to do it early, and it is better to do it well than to do it smartly.

If you ask what the hottest concept in the financial field is in the past six months, it is blockchain, no doubt about it. This morning, major domestic news websites including NetEase, Sina, and Phoenix reported the establishment of the Blockchain Microfinance Industry Alliance in Beijing . According to reports, the alliance was initiated by 20 leading domestic financial service institutions and technology companies , and is positioned as an industry alliance combining blockchain and microfinance. Senior leaders of the Beijing Online Lending Association attended the establishment of the alliance.

In fact, it is not difficult to find that reports about the establishment of blockchain alliances are not uncommon when looking through recent news. According to the information available, the blockchain research institutions of the alliance nature currently seen in the newspapers include: China Blockchain Research Alliance , China Distributed Ledger Basic Protocol Alliance , Financial Blockchain Cooperation Alliance , Zhongguancun Blockchain Industry Alliance , Blockchain Cooperation Alliance ( Japan ) and the famous R3 Blockchain Alliance.

When you see the names of these alliances, do you feel like you can't tell the difference between a tiger and a mouse? In fact, the editor is also confused.

These alliances were basically formed at the end of last year, and many of them include well-known domestic and foreign companies such as JD Finance, Tencent, Huawei, Ping An of China, Microsoft, IBM , Toyota, etc. It can be said that the blockchain fire has spread like wildfire in just half a year. However, what we are going to discuss this year is not these companies participating in the blockchain alliance organization, but those companies that have once had a strong presence in the blockchain or virtual currency field.

On October 14, 2013 , Baidu 's cloud service brand Accelerator officially supported Bitcoin payments. Baidu Accelerator users can use Bitcoin to purchase all paid services of Accelerator. Baidu thus became the first cloud service provider to support Bitcoin. However, the good times did not last long. Less than two months later, the central bank and five other ministries and commissions jointly issued the "Notice on Preventing Bitcoin Risks" . Influenced by this, Baidu announced that it would stop Bitcoin payments.

Today, the other two of the BTA (Baidu, Tencent , Alibaba) have strongly embraced Bitcoin blockchain technology . Tencent joined the Financial Blockchain Cooperation Alliance on May 31. Alibaba also announced on July 9 that it will soon launch blockchain technology, and will first apply it to the Alipay platform. At present, there has been no news that Baidu will return to Bitcoin or embrace blockchain technology.

Another company that attracted much attention from the market because of Bitcoin was the famous Internet service provider 35.com . On November 2 , 2013 , 35.com and CICC Online signed a "Letter of Intent for Cooperation" , and the two parties planned to jointly develop Bitcoin-related businesses. 35.com thus became the first A- share listed company to enter the Bitcoin industry and became the leading stock in the Bitcoin concept . However, the good times did not last long. Due to the influence of the market and the inability of the two parties to reach a final cooperation agreement, the 35.com Bitcoin project was officially aborted on March 4, 2014 .

In sharp contrast, this year's Bitcoin and blockchain concept stocks have shined. On April 11 this year , a new trading week began. The Shanghai and Shenzhen Component Indexes both opened with resistance and experienced a volatile decline. However, blockchain concept stocks rose sharply, with Feitian Chengxin taking the lead in closing the board, and China Media Capital rising straight to the limit in the late trading. At the same time, Wintime rose 7.89% , and Haili Meida ranked first with a 5.43% increase .

The following is the blockchain development status of some blockchain concept stock companies:

Feitian Chengxin: Currently, the company has certain technical reserves and research in blockchain technology. The company said that it will actively participate in digital currency and other blockchain technology industries in the future.     GRG Bank: A special working team has been set up around digital currency. On March 23 , the company stated on the investor interaction platform that it has been paying attention to the development trend of digital currency for a long time. In response to the industry development needs of digital currency, the company has set up a special team to carry out related work, including research on blockchain technology.

Yingshisheng: Yingshisheng is a domestic veteran financial institution asset management and custody software service provider with extensive customer resources covering 241 financial institutions including funds, custody banks, securities, insurance and trusts.

  Hailimeida: Hailimeida has become a leading domestic mobile information service and third-party payment provider through merger and acquisition advantages, entered the first-tier echelon of A- share mobile payment, and formed a unique massive data foundation. It is expected to become one of the earliest financial service companies in China to deploy blockchain.

  Guangbo shares : In terms of external expansion, it integrates Internet marketing and service business and develops in coordination with cross-border e-commerce. Cross-border payment opens up long-term growth space for the company. In January this year , it acquired 100% of Huiyuantong, which is positioned as a fourth-party cross-border payment platform.

  Guardstone : The company is the overall commercial cryptography unit of the secure mobile phone business of China Mobile Research Institute. As the leader and national team in the domestic encryption field, it is also actively involved in it. It is currently in the early stage of blockchain technology reserve.

  Zhongke Jincai : The company mainly targets three market segments: data center, bank imaging and IT service management, providing solutions for enterprises, governments, banks and other customers.

  Gaoweida : A leading domestic financial information company. Relying on its own advantages in bank IT solutions and bank customer resources, it provides bank IT system cloud services. It has acquired Yinghang Finance and officially entered the field of financial asset trading. In the future, the company will further integrate financial product and capital resources to increase platform transaction volume.

  Hang Seng Bank : Hang Seng Bank uses blockchain technology to implement a digital bill system based on a consortium chain.

  Jinzheng Holdings : Gradually extending to the 2.0 model of cloud service charging + traffic charging , and actively exploring the 3.0 model that integrates Internet financial products and services such as investment consulting and wealth management product sales , striving to become an Internet financial content service provider.

  Inno3D : The company has not yet invested technical resources in the research of blockchain and digital currency technology, but is currently closely tracking the development of related emerging businesses such as blockchain and digital currency and their technologies.

  HNA Investment : Jingtong Technology applies blockchain technology to upgrade Internet 3.0 and joins hands with HNA to realize asset interconnection between HNA financial platforms.

Here, I can't help but sigh for Sanwu.com: "It's not my fault, it's the fault of the times." Indeed, all this seems to be the fault of the times, and Bitcoin concept stocks are just premature babies of the times, but there is another saying that also applies: "It's better to do it cleverly than to do it early, and it's better to do it well than to do it cleverly." I hope that these companies chasing blockchain nowadays are not just following the trend and creating gimmicks, but actually developing blockchain technology and applying it to real social scenes.