The 7th CCF Chinese Blockchain Technology Conference & the 1st Global Blockchain Industry Summit Concludes in Shanghai: Hot Research Topics and New Industrial Trends

The 7th CCF Chinese Blockchain Technology Conference & the 1st Global Blockchain Industry Summit Concludes in Shanghai: Hot Research Topics and New Industrial TrendsYesterday, the 7th China Computer Federation (CCF) Chinese Blockchain Technology Conference and the inaugural Global Blockchain Industry Summit were successfully held in Xuhui District, Shanghai. This grand event brought together experts, scholars, business representatives, and government officials from the global blockchain community to discuss cutting-edge innovations, development trends, and practical applications of blockchain technology

The 7th CCF Chinese Blockchain Technology Conference & the 1st Global Blockchain Industry Summit Concludes in Shanghai: Hot Research Topics and New Industrial Trends

Yesterday, the 7th China Computer Federation (CCF) Chinese Blockchain Technology Conference and the inaugural Global Blockchain Industry Summit were successfully held in Xuhui District, Shanghai. This grand event brought together experts, scholars, business representatives, and government officials from the global blockchain community to discuss cutting-edge innovations, development trends, and practical applications of blockchain technology. During the conference, Xuhui District signed cooperation agreements with the Ministry of Industry and Information Technology (MIIT) Industrial Development Promotion Center and Shanghai Zero Number Wisdom Technology Co., Ltd., respectively marking the official entry of the second batch of enterprises into Xuhui's "Digital Chain Space" and further boosting the district's blockchain industry development.

The conference highlighted that current hot research topics in Chinese blockchain technology focus on two major areas: key technologies for consortium blockchains and blockchain regulatory technologies. With the support of national policies and the concerted efforts of the industry, China's blockchain industry is experiencing rapid growth, showing immense potential and a broad market outlook.

Di Gang, Deputy Director of the Digital Currency Research Institute of the People's Bank of China (PBOC), delivered a keynote speech. As the research and development body for the digital renminbi, the PBOCs Digital Currency Research Institute has made significant progress in several core areas of blockchain technology research, laying a solid foundation for the smooth issuance and application of the digital renminbi.

In privacy protection, the institute has conducted in-depth research on zero-knowledge proof (ZKP) technology and applied it to several key projects. For instance, in collaborations with the Hong Kong Innovation Hub of the Bank for International Settlements (BIS) and partners in Thailand, the UAE, Hong Kong SAR, and Saudi Arabia, ZKP technology was utilized in a multilateral central bank digital currency bridge project, effectively safeguarding the security and privacy of cross-border payments. This technological breakthrough is crucial for promoting cross-border digital currency transactions and global digital economic development.

In cross-chain technology, the institute has achieved interoperability between different systems, including the currency bridge chain, the aviation and trade chain, the blockchain, and the service platform chain. This signifies significant progress in building more efficient and convenient digital economic infrastructure, providing a reliable technological guarantee for data interaction and value transfer between different blockchain systems. This breakthrough will further promote the widespread application of blockchain technology and contribute to building a more interconnected digital economy ecosystem.

In consensus algorithms, the institute, in collaboration with Tsinghua University, successfully developed the DASHING consensus protocol, a globally leading innovation. This protocol effectively addresses many challenges faced by traditional consensus algorithms, such as low efficiency and insufficient security. The launch of DASHING will provide more efficient, secure, and reliable underlying technological support for blockchain technology applications, facilitating breakthroughs and wider adoption across various sectors.

Regarding Decentralized Identifiers (DIDs), the digital renminbi app has launched a "digital identity" feature, providing users with a more convenient and secure way to manage their digital identities. This feature not only enhances the security of the digital renminbi but also provides strong support for building a more comprehensive digital identity system. The application of digital identity technology will further promote the healthy development of the digital economy and bring more convenience to people's daily lives.

Today, the 1st Global Blockchain Industry Summit, themed "Global Vision, Common Development," continues in Shanghai. The summit will host a series of thematic forums, including "Data Chain Driving New Productivity Development Forum," "Trustworthy Knowledge Management Forum in the Age of Large Models," "Blockchain Infrastructure Technology Forum," and "Quantum-Resistant Blockchain: From Algorithm Migration to Transaction Migration Forum," covering cutting-edge innovations, development trends, and practical applications of blockchain technology. These forums will bring together global top experts and industry leaders to discuss opportunities and challenges, contributing wisdom and strength to the deep integration of blockchain technology with the real economy.

This summit aims to promote exchanges and cooperation in the global blockchain field, drive the widespread application of blockchain technology across various industries, and further enhance China's influence in the global blockchain industry. Through in-depth discussions in these forums, we can better understand the latest advancements in blockchain technology and its application potential in various fields, promoting the deep integration of blockchain technology with the real economy. This summit is bound to have a positive and far-reaching impact on the development of China's and the global blockchain industry.

The successful hosting of this conference marks a new stage in the development of China's blockchain industry. In the future, with continuous technological advancement and the expansion of application scenarios, blockchain technology will inject new vitality into economic and social development and contribute to building a better future. Continued attention and support for research and development in blockchain technology are crucial for promoting the prosperity and progress of the digital economy. We look forward to more innovative achievements emerging in the blockchain field, driving industry development to new heights.

This conference not only showcases China's remarkable achievements in blockchain technology research and industrial development but also points the way for the future development of the global blockchain industry. Strengthening international cooperation and jointly promoting blockchain technological innovation and application will further promote the prosperity of the global digital economy. We believe that in the near future, blockchain technology will profoundly change our lifestyles and economic models. Continued attention to and support for the research and development of blockchain technology will be of great significance to promoting the advancement of information technology and the development of the global digital economy.