Sogou CEO Wang Xiaochuan: only good "asset chain", blockchain for small and medium-sized companies is the opportunity

"If small and medium-sized companies are able to put their assets on the chain, then they have a chance." If not, the big company has a better edge. "Sogou CEO Wang Xiaochuan recently held a blockchain industry conference at" Koshien ".

Asset chain, refers to the assets in the equity or securitization, its registration, transaction, settlement and other links are completed on the blockchain, the chain by the compliance agencies in accordance with the chain requirements for delivery. Nasdaq has explored asset chains as early as 2015. Clip, the founder of Babbitt, had expected more than a trillion dollar of physical assets to be registered through the blockchain in the future.

About "Bitcoin is Blockchain 1.0, Ethereum is Blockchain 2.0", the industry view is basically the same. But in the "What is Blockchain 3.0, and what Blockchain 3.0 will look like" issue, the industry is a big disagreement.

Wang Xiaochuan believes that the realization of "asset chain" is the blockchain 3.0 must do. "Blockchain 3.0 solves the problem of how virtual assets on the chain are mapped to real assets in the chain," he says. In the current case, assets are running in the chain of virtual closed-loop, offline the old world's assets and blockchain is incompatible, need intermediary to carry out ' internal insurance loan '.

In addition, Wang Xiaochuan will "be able to do the asset chain" as small and medium-sized companies can challenge the key standards of the Giants. "Whether the blockchain can be a bat-level enterprise" is a hot topic in recent days, and even Zeng Ming, a lakeside university education chief, says it is "hard to judge".

Some industry insiders believe that a large influx of capital into the blockchain industry has given small companies new opportunities, and that big companies cannot follow the blockchain boom in many ways because they are too burdened to take responsibility for shareholders, profits and valuations.

In Wang Xiaochuan's view, if the problem of "how real assets are linked" is not addressed, blockchain is still a bigger opportunity for big companies because big companies are connected to real-world assets.

However, although the blockchain has a more systematic view, but Wang Xiaochuan in an interview recently said that Sogou has no specific plans for the blockchain.