On January 25, 2022, the BSN-DDC basic network (DDC network) was officially launched. After nearly half a year of operation, the DDC network has been widely recognized in the industry. As of now, the number of business platforms registered on the DDC network has exceeded Nine hundred families. The reason why the
DDC network has been recognized by many peers in the industry in a short period of time and established a large-scale network ecosystem relies on its eight core concepts, which are as transparent as a public chain, fully legal and compliant in the country, It has low cost of use, encourages users to manage private keys and , allows self-built node data centers (under testing), supports technology diversity, encourages multi-party joint governance (in preparation), and creates a diversified ecosystem. With this as the center, DDC Network is committed to providing a public infrastructure for blockchain and NFT/DDC technology that supports its compliant, stable and orderly development in the country, so as to promote the application and development of such technologies in various fields.
On June 29, 2022, the DDC network ushered in a milestone moment: for the first time since its official operation, the number of daily transactions (Transactions) applied in the production environment in a single day exceeded that of Ethereum. The DDC network (including all open consortium chains) reached 974,517 transactions in 24 hours a day (time zone UTC+8), while the number of transactions in Ethereum in 24 hours was 938,166 (time zone UTC+8).
This moment is of great significance to both the DDC network and the domestic blockchain industry. Because compared to the fact that transactions on Ethereum almost all revolve around the virtual currency and its derivatives, the DDC network can still rely on the four open alliance chains and hundreds of businesses running online even though it has nothing to do with virtual currencies. In just over five months, the platform surpassed Ethereum, which has been running for eight years, in the number of single-day chain transactions. Although Ethereum’s recent transaction volume has been reduced by the downturn in the currency circle, it still proves that the blockchain Technology can be widely used in fields other than virtual currency.
There are currently hundreds of applications on the DDC network. Although 70% are still mainly digital goods, we can see new attempts and innovative application scenarios based on NFT/DDC technology emerging every month, such as carbon trading. traceability, ticket management, marketing, privacy protection, supply chain integration, etc.
On the other hand, the initial results of the DDC network have also verified the concept of "Public IT Systems" (Public IT Systems) advocated by BSN with blockchain as the primary form that will revolutionize the design ideas of the entire information system from the bottom up. . Compared with the currently dominant back-end private information system, the public information system has more transparent and efficient interconnection, better privacy protection and clearer data. Advantages of ownership.
BSN-DDC basic network is essentially built with the goal of establishing the underlying cloud environment of China's public information system. BSN also hopes that all parties in the current network ecosystem can jump out of the limitations of digital commodities and digital collections and further expand the DDC network Diversify, open up more application fields, develop more business models, continue to promote the development of blockchain technology and public information systems, and enable it to play an important role in the future of digital economy , digital culture, data rights, privacy protection and Computing power network and other fields play a role.
(The single-day transaction data of the DDC network mentioned above can be accessed at ddc.bsnbase.com and verified through the browser of each open alliance chain. Starting from July 15, all DDC network open alliance chains will be based on the number of transactions per hour. and health will be permanently disclosed on the official website homepage)
