【Metaverse News】Empowering the Real Economy: China Academy of Information and Communications Accelerates the Construction and Application of Blockchain Nodes

Blockchain technology is accelerating the empowerment of the real economy under the premise of compliance protection.

During the 2023 China Digital Economy Innovation and Development Conference, He Wei, Deputy Chief Engineer of the China Academy of Information and Communications, stated at the theme forum of "Data Trusted Circulation, Innovation and Application Development" that in the digital economy era, it is important to transform data into an important driving force for driving economic transformation and development, as well as to promote the deep integration of the digital economy and the real economy and achieve high-quality development.

The China Academy of Information and Communications has established this infrastructure through cooperation with multiple institutions and launched a series of public service networks. Combining the technical characteristics and industrial needs of blockchain, these service networks are packaged into interfaces and services that can be directly applied by the industry.

Ma Chao, Director of the Industrial Internet and Internet of Things Research Institute of the Chinese Academy of Information and Communications, introduced to 21st Century Economic Report reporters that "Spark Chain Network" is a new blockchain infrastructure led by the Chinese Academy of Information and Communications under the guidance of the Ministry of Industry and Information Technology, serving the world.
At present, "Spark Chain Network" has designed multiple public service networks, including the Digital Native Asset Service Network (DNA), Trusted Deposit Service Network (CAP), Intelligent Security Financial Service Network (ISF), and Carbon Data Service Network (CRC).

Ma Chao stated that at the user level of enterprises, there is no need to specifically cultivate personnel with blockchain technology background. They only need to connect with interfaces, and the construction of "Spark Chain Network" also aims to reduce the cost of enterprise applications.

Empowering industrial digitization

In the digital age, one of the foundations for building data elements is identification. Ma Chao told reporters that the launch of "Spark Chain Network" is essentially the result of logo progress, from the original tree like allocation of logos to now self generated logos. The BID distributed digital identity identifier launched by it complies with the W3C international DID standard, which is also a distributed independent identifier created by China.

He continued that this is precisely the development result of the mature foundation of data identification. However, in practical application scenarios, it can be determined according to specific needs. For example, the digital processes related to consumer goods and end products are more suitable for traditional identification; Financial and process related content is more suitable for independent identification, and different types can be combined for use.

It is reported that "Spark Chain Network" creates a compliant, regulated, high-performance, and secure data trusted circulation environment through distributed digital identity and identification, provision of digital asset registration, cross domain data circulation, data security and privacy protection and other basic services.

For example, after uploading equipment related data, it was originally necessary to manually adjust the parameters one by one, but now these parameters have become tradable and can bring practical value to the enterprise. Therefore, small enterprises can purchase corresponding parameter certificates from experienced enterprises, accelerate the equipment tuning process, and faster enter the actual production process.
In terms of intelligent manufacturing applications, the number of personnel in the factory can be significantly reduced by remotely controlling a series of parameters according to demand, which can accelerate production processes and automate operations.

In the transaction process, the compliance of commercial enterprise transactions is very important, whether the order has been adjusted and the adjustment process.