Bitcoin trading draws on the rest blockchain chain is also into the cold palace?
There is a certain magic in this world. When we realize that a technology has the potential to generate huge profits, our greed often leads us to become mere followers, chasing after the next big thing.
When the general public started talking about Bitcoin, the People's Bank of China, along with seven other government departments, issued a joint announcement to prevent the risks associated with token fundraising. Then, on the evening of September 14, the first Bitcoin exchange in China, Bitcoin China, announced that it would stop registering new users and halt all transactions by September 30. The following day, Firecoin and OKCoin also announced that they would suspend user registration and RMB deposits immediately, and notify users that trading would be stopped before September 30.
At this point, all three major Bitcoin exchanges in China had officially put their trading activities on hold.
Money laundering, smuggling, drug trafficking, and "selling coins"—as these dark terms began to surface, investors suddenly lost their confidence. It seemed as if Bitcoin was facing a death sentence.
But does the underlying "blockchain" technology also face the same fate?
From the perspective of Baidu Index, blockchain seems to be gaining more attention and visibility.
Earlier, I introduced what blockchain really is. If you're interested, you can check out the article titled “Interesting Interpretation: What is the ghost of the blockchain?†Today, however, I want to focus on the current state and practical applications of blockchain technology.
Looking at patent data, blockchain has been widely anticipated across various industries, especially in finance. Many organizations and individuals are actively working on blockchain standards and exploring its application potential. A lot of patents have been filed around this technology. As of February 2017, the number of global blockchain patents reached 613, with 424 patent families.
However, patent applications take time to be published, so the data shown above doesn't reflect the true situation. In reality, the total number of patents is much higher.
From a regional perspective, North America still holds a strong position in blockchain innovation. Specifically, the United States and China are the leading countries in blockchain patent filings. Approximately 75% of global blockchain patents are held by these two nations. The patent landscape in the U.S. and China is expected to remain a key area of development, signaling a vibrant market for blockchain technology. These trends are worth following closely.
According to the report “Blockchain – The Subversion of the Banking Game Rules,†McKinsey named blockchain as the fifth wave of disruptive technological change, following steam engines, electricity, information technology, and the internet. It is considered one of the core technologies with the greatest potential to reshape industries.
In short, blockchain technology is still in its early stages, but its future looks promising.
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