Escorting "Digital China", Shugengezhi uses "Industrial Blockchain" to make a sample

The 2021 Blockchain Service Network (BSN) Application Summit, co-hosted by the National Information Center and the Changsha Municipal People's Government, was grandly held in Changsha. The theme of this summit is "Star City on the Chain, Linking the Future". This summit is co-hosted by the National Information Center and the Changsha Municipal People's Government. More than 500 people from all walks of life, including government, academia, and business, attended the conference.

At the meeting, Wang Jinxia, ​​senior vice president of Shugen Interconnect and CEO of Shugen Gezhi, was invited to attend and signed a strategic cooperation agreement on the "Global Industrial Blockchain Application Ecosystem Project" with the Xingsha Blockchain Industrial Park in Changsha Economic Development Zone on behalf of the company. This strategic cooperation is another attempt by Shugen Gezhi to actively explore the broad application space of "Industrial Internet + Blockchain" under the background of my country's promotion of global blockchain network infrastructure construction and Hunan Province's development of the "Central Blockchain Highland".

As the headquarters company of the national blockchain platform of Shugen Interconnect and the leader of the global industrial blockchain, Shugen Gezhi is currently accelerating the construction of the TIDE blockchain basic empowerment platform, supporting software park enterprises to quickly build blockchain applications, and serving the manufacturing enterprises in Changsha Economic Development Zone to apply blockchain technology to accelerate digital transformation. In the theme sharing held in the afternoon of the same day, Shugen Gezhi COO Long Wenxuan, starting from the company's innovative practical experience, deeply analyzed the value foundation of industrial blockchain in the context of digital transformation of manufacturing industry, and talked about how industrial blockchain can empower industrial innovation, providing a window for participants to "see opportunities and see the future".

01

Building a “trust network” at low cost

Mining the value of trusted data

As we all know, the traditional manufacturing industry has a long chain from procurement to production and delivery, and the company has great pressure on funds and inventory. The trust cost in the collaboration process is high, and there are many pain points in the business process. How to reduce industrial safety hazards while ensuring data synchronization and information sharing, and achieve a wider "trust" connection outside the company, blockchain + industrial Internet provides a new solution.

Long Wenxuan said that relying on the massive connection foundation of the industrial Internet and the characteristics of blockchain such as "immutability, transparency, and multi-party participation", the industrial blockchain can solve the problems of sharing, rights confirmation, and responsibility confirmation in industrial Internet data exchange, and inject new security capabilities into massive equipment access authentication and security management. By establishing a "machine consensus" and "algorithm transparency" of mutual trust at low cost, the collaborative efficiency between upstream and downstream of the industrial chain can be greatly improved.

In July 2020, based on the consensus of "building trust and improving efficiency" through information technology, Shugen Internet and Changsha Economic and Technological Development Zone cooperated to establish Shugen Gezhi in Xingsha Blockchain Industrial Park, focusing on building the Shugen Internet blockchain platform, the national headquarters of blockchain technology-related businesses, and the official blockchain service basic platform of Changsha Economic and Technological Development Zone (ie TIDE), providing trusted underlying technology for data collection.

Up to now, Shugengezhi has fully possessed the integrated service capabilities of Industrial Internet + Blockchain, and driven by the dual-platform strategy of "Industrial Internet Platform + Blockchain Platform", it has successfully created a number of solutions and products such as "Trusted Evidence Service Platform, Industrial Product Traceability Platform, Equipment Financing and Leasing Application".

Through the application of the Root Cloud platform, enterprises can upload data to the chain and use the "trusted business network" to achieve industrial chain logistics, information flow, capital flow coordination, parts traceability, supplier management and other functions. At present, Shugen Gezhi has successfully served many well-known customers such as Sany Group and Youli Electric Drive.

Take the "New Transport Capacity Leasing Service Platform" created by Shugen Gezhi for Youli Electric Drive as an example. Previously, the new transport capacity battery leasing service platform involved battery manufacturers, leasing companies, and lessees. The process nodes were long and the transactions among all parties were frequent. Transactions needed to be repeatedly verified online and offline, and all parties had doubts about the credibility of the orders. By accessing the "Root Chain" trusted evidence storage service, the data can be trusted and the equipment status can be transparent. Shugen Gezhi helps investors accurately grasp the status of assets, reduce financial risks, and ensure the smooth operation of the new equipment leasing model.

In the digital society, "trust is more valuable than gold". Relying on the massive data accumulated by the Shugen Interconnection Cloud Platform and combining blockchain technology, Shugen Gezhi constantly combines the needs of enterprises to make data credit a "hard currency", create a new industrial ecology of trust, collaboration, and win-win cooperation, continue to explore business model innovation, and enable the digital transformation of manufacturing enterprises.

02

Supporting new infrastructure

From creating a platform to building an ecosystem

As a key industry in the country's 14th Five-Year Plan and the Outline of the Long-Term Goals for 2035, blockchain has become an important carrier for developing the digital economy and building a digital China. As industrial blockchain solutions and applications continue to mature, "chaining" has become an increasingly effective means for companies to solve data security and business pain points. With its strong service capabilities, Shugen Gezhi has successfully led the new track of industrial blockchain, a "new digital infrastructure."

In March 2021, Shugengezhi's "TIDE Blockchain Trusted Industrial Internet Digital Technology Platform" was successfully listed in the "List of 100 Landmark Projects of Hunan Province's "Digital New Infrastructure" (2021)", and continued to build an industrial blockchain basic empowerment platform with trusted data and value synergy effects.

In the future, Shugengezhi will also take advantage of the cooperation opportunity with Xingsha Blockchain Industrial Park to accelerate the coordinated development of blockchain and industrial Internet, create a "new paradigm" for industrial blockchain to help the transformation and upgrading of regional industrial chains, and continue to release the "root chain" value for the high-quality development of the manufacturing industry.

Let's first learn about blockchain: Blockchain is a technology that combines cryptography, economics, and sociology. The "block" of blockchain is similar to a certain place on the hard drive we use. Each block is where we store information. Through cryptographic technology, the stored information data cannot be tampered with.

From an academic perspective, blockchain is a new application model of computer technologies such as distributed data storage, peer-to-peer transmission, consensus mechanism, encryption algorithm, etc. In essence, it is a distributed shared ledger and database with the characteristics of decentralization, immutability, full traceability, traceability, collective maintenance, openness and transparency.

For example, the epidemic prevention and health code that we use most frequently now is actually powered by blockchain.

At the summit, the organizers will focus on showcasing the application results of blockchain technology in government affairs and other fields. 23 application scenario demonstration projects, including the Chinese National Culture Digital Library, the Film and Television Blockchain Public Service Platform, and the Safe Meat Intelligent Supervision Platform, will be displayed one by one. Interested friends can pay more attention.

Not only that, the summit will also hold a special roundtable forum on "Building a blockchain ecosystem to promote the development of the digital economy". More than 10 blockchain experts from the government and business circles from Beijing, Shanghai, Fujian, Hainan and other places will give special presentations on blockchain technology and industrial innovation and development, and focus on discussing how to "chain" the BSN ecosystem and build a highland for blockchain technology and industrial innovation and development, enabling Changsha to be a leader in implementing the "three highs and four new" strategy and build a modern new Hunan demonstration zone.

In addition, a ceremony will be held on site to officially launch the Hunan Province Blockchain Service Network Backbone Network and Changsha Municipal Government External Network Blockchain Service Network Platform, sign the "Changsha-Zhuzhou-Xiangtan Government External Network Blockchain Service Network Platform Co-construction and Sharing Strategic Cooperation Agreement", and release the first batch of Changsha-Zhuzhou-Xiangtan Metropolitan Area blockchain government affairs application scenario project list.