Mutual trust network popular application: Token

The traditional internet transmits information, while blockchain builds a trust network, promoting the rise of digital assets and opening the era of value transmission, profoundly impacting the global economy and collaboration models. The traditional internet is built on the TCP/IP protocol, with its core value in information transmission.

Through the allocation of IP addresses, the internet has achieved global connectivity. Especially with the introduction of IPv6, its theoretical capacity can allocate an independent address for every grain of sand on Earth, enabling direct point-to-point communication for every grain of sand globally. On this basis, the essence of the internet is defined as the flow of information, with its underlying protocol being TCP/IP, and popular applications being information transmission tools such as web pages and emails. The traditional internet emphasizes the circulation of information, with its core in the efficiency and universality of communication technology. However, as technology continues to advance and social demands change, the value internet led by blockchain technology is gradually becoming the focus.

Unlike the traditional internet, the foundation of the value internet is the "mutual trust protocol," which includes various trust protocols such as blockchain technology and DAG (Directed Acyclic Graph). This mutual trust protocol constitutes a brand new network system, referred to as the "mutual trust network" or "shared network." Its core value lies in the construction of trust, especially allowing strangers to establish mutual trust through an immutable ledger. Under this framework, the sharing economy becomes an essential attribute of the future internet, but its fundamental significance lies in promoting trust between people.

This new network system is not only a technological innovation but also a revolution in social cooperation methods. The mutual trust network of blockchain has ushered the world into an entirely new era; it can be said that this is humanity's "Tower of Babel" leading to the future. Throughout human history, there have been countless attempts to build a "Tower of Babel" through collaboration to reach heaven, but due to language differences and communication barriers, none of these attempts succeeded, instead leading humanity down a long path of understanding and compromise. Blockchain technology, by constructing a universal trust framework, allows strangers from different cultures and regions to easily establish trust and achieve efficient cooperation and secure transactions. This is undoubtedly an important advancement in human history, opening up new possibilities for global cooperation.

The emergence of blockchain marks the birth of a new network system and value system. In this system, as the digitalization process deepens, the era of intelligent everything is gradually approaching, and the shift of tangible assets to virtual assets will become the norm in future society. According to research, the reserve of digital assets may become the fourth important asset after gold, real estate, and stocks.

This trend indicates that as the application scenarios of blockchain technology continue to expand, more and more industries will gradually become "blockchainized," with more value being digitized and carried on the chain. This means that the economic operation mode of future society will gradually expand from the digitization of traditional information exchange to the digitization of value transmission. In this process, blockchain technology will become the key engine driving the construction of the value internet.

From a technical perspective, if the traditional internet can be considered an "ancient internet" built on the TCP/IP protocol as a highway of information, then the value internet centered on blockchain and trust protocols can be called a "mutual trust network." The traditional internet solved the efficiency of information dissemination, while the emergence of the value internet addresses the construction of trust and the secure transmission of value. This transition is not only a technical advancement but also a significant transformation of social and economic forms.

It is worth mentioning that the rapid development of blockchain technology has not only attracted attention from the tech community but has also drawn a significant influx of capital. Many believe that blockchain technology has created humanity's "fifth space," a new dimension that transcends the traditional physical and virtual worlds.

The capital market has shown great enthusiasm for this field, with investment speeds even surpassing the pace of technological development. However, this overestimation has also brought about a certain bubble effect in the short term, as the market may have overestimated the practical application capabilities and influence of blockchain technology in the past two years.

Nevertheless, we still need to view the significance of blockchain with a long-term perspective. As the widely circulated saying goes, we often overestimate the impact of new technology within one or two years while underestimating the profound changes it will bring to the world over the next decade. Blockchain technology is no exception. Although its application scope and practical capabilities remain limited at present, its inherent potential is sufficient to fundamentally change the way the world operates in the long run.

In the future, the value internet and the mutual trust network will continue to profoundly influence the development of human society. As more industries gradually "go on-chain," the widespread application of blockchain technology will enable the global economy to transition from digitization of information to digitization of value. Whether in cross-border payments, digital identity authentication, or in supply chain management and the Internet of Things, blockchain holds enormous potential. Ultimately, it will establish a global trust network, making collaboration between people more efficient and secure, and creating unprecedented value for society as a whole.

In summary, the traditional internet centers around the circulation of information, constructing a global information network through the TCP/IP protocol; whereas the value internet led by blockchain centers on trust, reshaping relationships between people through trust protocols. Both have their own focuses in function and meaning, yet complement each other, jointly promoting the progress of human society. As technology continues to develop, we have reason to believe that the value internet will become the infrastructure of future society, bringing more profound changes to the global economy and social structure.

Source: Dai Jian, Jian Dan Qin Xin