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Edited by qqqpeter at 2019-10-28 21:45

People.com.cn reported that the blockchain has become the hottest topic in the investment circle just past the weekend. The news of the 18th collective learning of the status quo and trend of blockchain technology by the Political Bureau of the Central Committee of the Communist Party of China (CPC Central Committee) has made the blockchain the focus of the market. Some listed companies involved in the blockchain have received many questions from investors, and brokerage analysts have written research reports overnight. Market participants believe that the blockchain is expected to lead the counter-attack of the technology sector.

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Image from Cryptonewsz.com

Blockchain rises to national strategy

The Political Bureau of the CPC Central Committee conducted the 18th collective study on the status quo and trends of blockchain technology development on the afternoon of October 24. Xi Jinping, general secretary of the CPC Central Committee, emphasized that the integrated application of blockchain technology plays an important role in new technological innovation and industrial transformation. China should take the blockchain as an important breakthrough for independent innovation of core technologies, clarify the main direction, increase investment, focus on a number of key core technologies, and accelerate the development of blockchain technology and industrial innovation.

This news immediately triggered the market's attention to the blockchain, the blockchain became a hot word for search, and everyone was anxious to figure out what a blockchain is. The research institute also urgently released the research report. The research report of Orient Securities pointed out that the blockchain is a kind of joint maintenance by multiple parties. It uses cryptography to ensure transmission and access security, and can achieve consistent data storage, difficult to tamper with, and prevent repudiation. Accounting technology, also known as distributed ledger technology. The development of the blockchain began with bitcoin, which also caused more investors to create cognitive misunderstandings, using virtual cryptocurrencies such as bitcoin as the concept of blockchain. In fact, virtual cryptocurrency is only one form of application in the blockchain.

Will broadly serve the real economy

Since 2016, the blockchain was first written as a strategic technology in the “13th Five-Year National Informatization Plan” of China. Several ministries and commissions in China have issued block-related industrial policies, and blockchain technology has developed rapidly in China. In March of this year, Cyberspace Administration of China announced the first batch of 197 domestic blockchain filing units. On October 18th, Cyberspace Administration of China released the second batch of blockchain information service filing list. This time, a total of 309 domestic blockchain information service names and filing numbers were released. Industrial and Commercial Bank of China, China UnionPay, Huawei, Alibaba Cloud, State Grid E-commerce and other companies have been selected.

Now blockchain technology has been upgraded to the height of an important breakthrough in independent innovation, and industry investment, R&D and landing progress are expected to continue to accelerate. The research report released by Ren Zeping's team of Hengda Research Institute believes that blockchain technology can be widely used in financial fields such as payment and settlement, bills, insurance, and supply chain management, industrial Internet, product traceability, energy, copyright and other real economic fields. Shi Yuzhu, chairman of Giant Interactive Group Inc, believes that the blockchain will profoundly change the society and change the company's management structure.

Related stocks are sought after

A group of listed companies have long been involved in the blockchain and are sought after by investors. Last Friday, block stocks in the US stock market soared, among which Xunlei's share price soared 107.76%, setting the biggest gain in listings over the past five years, closing at a recent high of $4.82. In the ninth city, the blockchains of the stocks in the stock market all rose. In 2014, Thunder set up its network technology, which focuses on shared computing and blockchain, and began to explore the two directions of shared computing and blockchain.

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Image form Yahoo Finance

On the weekend, a large number of investors asked the relevant companies about the blockchain. As of 21:00 on the 27th, on the interaction (http://irm.cninfo.com.cn) of the Shenzhen Stock Exchange, there were 830 issues involving blockchain in these two days.

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http://irm.cninfo.com.cn, an inventor asks the company's business involve blockchain or not ("区块链" means blockchain)

The Oriental Securities Research Report focuses on the analysis of several listed companies involved in the blockchain. Hang Seng Electronics: The subsidiary Yunyong Network focuses on the development and application of blockchain technology. Guangdian Express: Sun Company's transport chain blockchain technology reserves are complete. Eastern Fortune: Layout blockchain financial trading system. Hithink Flush: layout blockchain policy storage platform. YuanGuang software: Layout blockchain applications in the energy sector. Information development: Layout blockchain applications in the food safety arena. Nanwei Software: Layout blockchain application in government affairs. Aerospace Information: Layout of blockchain applications in the tax sector. Hande Information: Layout blockchain platform.

Organizations generally expect blockchain concept stocks to be hot spots this week. Blockchain is expected to lead the counter-attack of the technology sector.
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