Project Details


WSIS Prizes Contest 2023 Nominee

Development and Application of a Blockchain-based Distributed Digital Asset System


Description

Based on the technical and ecological advantages of China Mobile's blockchain application services, the project focuses on providing secure and stable underlying chain facilities, superior performance on-chain services, and functional solutions.
By carrying out blockchain-based distributed digital asset services, on the one hand, it makes full use of the attribute of non-tamperability of information on the blockchain, so that each user's private information and network assets are guaranteed with security; on the other hand, the mutual integration of digital assets and other businesses can bring new product forms and business perceptions to users. The project will play an important role in scenarios such as storage proof of user information, dissemination of cultural artworks, and secure sharing of information.

Project website

https://ddc.bsnbase.com/


Action lines related to this project
  • AL C7. E-business 2023
Sustainable development goals related to this project
  • Goal 1: No poverty

Coverage
  • China

Status

Completed

Start date

2021

End date

2022


Target beneficiary group(s)
  • Youth
  • Older persons
  • Women
  • Indigenous and nomadic peoples
  • People with disabilities
  • The unemployed
  • The poor
  • Migrants
  • Refugees and internally displaced people
  • Remote and rural communities

Replicability

For different customer needs and business areas, the distributed digital asset function module can provide a customized system with flexible customization, security and trustworthiness, collaborative supervision, cost reduction and efficiency enhancement, and provide customers with full process tracking services and perfect system operation and maintenance services.
1.For customers who have the ability to develop distributed digital asset functions independently and only need the underlying blockchain services, we can provide the support of the underlying blockchain environment, and customers can develop and use distributed digital asset-related smart contracts in the blockchain environment.
2.For corporate or individual users with only business needs, we provide a distributed digital asset platform that can support tenant-based entry, where users can conduct relevant business without the need for construction and operation and maintenance.
3.For business parties with system platform construction needs, we can customize and develop the whole set of distributed digital asset system and platform for customers, and customers can carry out the operation of the platform independently.
Therefore, the project is oriented to more types of users and has a variety of business interfacing methods, with good replicability.


Sustainability

The market scale of blockchain-based distributed digital asset technology has expanded rapidly in the past two years, and a relatively mature business model has been explored mainly in the field of cultural and creative industries. At the same time, the distributed digital assets also have development prospects in terms of information security and protection of users' rights and interests, so the sustainability of the project is high.
1. Distributed digital assets are a new form of output for enterprise owned IP and equity services, which can further explore new value of digital assets and promote value transformation.
2.Distributed digital assets are a trendy new play in the market today that can empower the way brands market themselves and increase their value.
3.Distributed digital assets create a new consumption model that translates online revenue, drives offline consumption and enhances market efficiency.
4.The distributed digital asset trading with real name authentication and natural community marketing attributes can attract traffic to the brand's private domain and help long-term operation.
5.Distributed digital assets are the circulating elements of the future metaverse, and early intervention can accumulate a user base for the metaverse market.


WSIS values promotion

Relying on the technical and ecological advantages of blockchain application services, distributed digital asset technologies and products focus on providing on-chain services with superior performance and functional solutions, aiming to help users complete the transformation and upgrade in the field of digital assets and provide infrastructure guarantees for long-term operation, security and stability. Assisting in the construction of digital business in several fields: 1.Copyright Protection Distributed digital assets are based on the technical ability of blockchain, and they have the uniqueness and immutability of information on the blockchain, while their characteristics of being held and transferred by the users on the blockchain determine their inherent existence of the property of copyright. 2.Electronic license Distributed digital asset technology is based on the underlying blockchain engine, which can complete its binding with relevant information by executing relevant contracts, and at the same time can transfer distributed digital assets and additional information between accounts. By combining with electronic license, it can effectively fit the business of license signing and granting. 3.Brand marketing Distributed digital assets, as a new type of capability based on blockchain, is a new way of information perception for the user side. While it can effectively improve the attractiveness of users, it can also better promote the promotion of business by combining with related business.


Entity name

China Mobile Information Technology Co., Ltd.

Entity country—type

China Private Sector

Entity website

http://it.10086.cn/indexc.html