The Industry Trends and Challenges in the Eyes of Blockchain Evangelist Han Feng

Han Feng, as a well-known figure in the Blockchain field, has a rich academic and practical background. He is not only a PhD student in Quantum Physics at Tsinghua University and a visiting researcher at Columbia University, but he has also served as a blockchain advisor at Huawei's Central Research Institute and founded the Yilaic cloud foundation.

Since entering the Blockchain industry in 2015, Han Feng has been active at the forefront. He combines quantum mechanics research with Blockchain practice to form a unique theoretical system of quantum wealth, and has published related works.

Recently, Han Feng shared his views on the current state and future trends of the industry. He admitted that the fluctuations of the market are not subject to individual will, and in a bear market, working diligently is the right choice. At present, Elastos is steadily advancing according to plan, and its sidechain is about to complete compatibility with Ethereum and EOS smart contracts, which will greatly reduce the operating costs of applications.

Han Feng believes that one of the major advantages of Blockchain technology is the realization of data ownership. He pointed out that currently, the internet struggles to protect personal privacy, and the value of data is primarily obtained by a few companies. However, Blockchain technology is expected to change this situation, allowing everyone to truly own and monetize their data assets.

In Han Feng's view, trusted computing is the core of future internet development. It can effectively protect personal data security, preventing tampering and leakage. He predicts that significant breakthroughs will be achieved in the field of trusted computing within the next 2-3 years, laying the foundation for the protection and circulation of digital assets.

Looking ahead to 2019, Han Feng is particularly optimistic about the development of P2P networks. He believes that the decentralization of communication will become a key focus in the coming years. The goal of the second-generation internet is to eliminate various centralized links and achieve true peer-to-peer communication, thereby better protecting user privacy.