IDC released China’s blockchain BaaS market share report, Tencent Cloud ranks TOP2

On July 5, IDC released the “China Blockchain BaaS Market Share, 2021” report, showing that Tencent Cloud’s blockchain market share ranks top 2, continuing to promote the deep integration of blockchain and the economy and society, and accelerate the digital development of various industries.

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According to the IDC report, China’s BaaS market will reach a market size of US$188 million in 2021, with a growth rate of 92.6%. In the context of the stable growth of the market, how to better apply the blockchain, accelerate the digitalization process of various industries, and promote the steady development of the industry has become an important proposition for thousands of industries.

As the earliest manufacturer of blockchain technology, Tencent Cloud has built a full-stack product capability from the underlying engine to the upper-level application. The launched blockchain service platform TBaaS is based on cross-domain interconnection, security and privacy, storage optimization, cloud-chain integration, etc. Advantages, it can provide efficient, secure, flexible and out-of-the-box blockchain services for governments, enterprises and developers. At the same time, TBaaS also integrates Changan Chain·ChainMaker, Hyperledger Fabric, FISCO BCOS various blockchain underlying engines, one-stop service can greatly reduce the cost of using blockchain underlying technology, simplifying blockchain construction and operation and maintenance Management and control work to further improve the efficiency of business on-chain and on-chain governance.

In addition to the construction of the underlying platform, the report also mentioned that, from the perspective of the industry application of BaaS services, “BaaS platforms serving the government industry account for more than 40% of the entire industry; financial institutions deploying blockchain can obtain clearer insights. ROI, BaaS revenue accounts for 20% of the entire industry.” It can be seen that government affairs and finance are still the mainstream areas of blockchain applications.

Tencent Cloud’s blockchain service TBaaS has mature practical experience in government affairs and finance. For example, Tencent Cloud’s blockchain government industry solutions have helped Guangdong, Hainan, Beijing and other provinces and cities to launch blockchain financial electronic bill applications, and assisted Guangzhou in building a “Suizhiguan” city operation blockchain management platform , which further lowers the threshold for various departments to use the blockchain, allows data to be efficiently interconnected, and achieves cost reduction and efficiency improvement.

In the financial industry, Tencent Cloud Blockchain is also helping financial institutions to achieve effective risk control, efficiency improvement and cost reduction, and has successfully built Zhangjiagang Industrial Financial Service Platform, PICC, China Construction Bank, China Life and many other benchmarks. The project provides strong support and services for blockchain applications and innovations in the financial industry.

In addition to government affairs and finance, Tencent Cloud has also implemented dozens of blockchain solutions in medical, education, transportation and other industries. At present, its blockchain application scenarios have exceeded 100, laying the foundation for the high-quality development of industrial digitalization. an important foundation of trust.

It is worth noting that while continuing to expand applications in traditional vertical industries, the popularity of Web3, digital collections and other fields is also rising. The report pointed out, “While paying attention to traditional fields, enterprises need to explore more Standardized plug-in capabilities such as trusted identity and cross-chain, as well as product directions such as all-in-one machines and public cloud, to further highlight the effectiveness of blockchain in the trusted flow of assets, and at the same time to find a sustainable second growth curve for the business. “

In terms of innovative applications of blockchain technology, Tencent Cloud Blockchain has also launched the first domestic compliant underlying technical service for digital collections – the “Zhixin Chain” meta-commodity agreement. As of May this year, there have been more than 100 Based on the “Zhixin Chain” meta-commodity agreement, each platform has launched digital collection-related businesses, including several authoritative partners such as Xinhua News Agency, People’s Daily, CCTV News, and the Ministry of Industry and Information Technology. In addition, in June this year, Tencent also took the lead in promoting the establishment of an international standard for the first blockchain digital collection in the IEEE.

Today, blockchain has entered the fast lane of development. With the wide application of blockchain technology in key areas such as financial economy, government affairs governance, social livelihood, commercial trade, etc., as well as software and hardware integrated machines, digital collections, digital currency and other industries The emergence of the new track, how to accelerate the industrialization, large-scale and professional development of blockchain around the dimensions of technology consolidation, application practice, security system, etc., has also become a new development direction for all walks of life to achieve independent innovation and digital transformation .

Leifeng.com

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