China Europe International Business School (CEIBS) and Zhenlian Tech hosted the Global Top 50 Blockchain Projects Conference on Aug. 4th in Shanghai, China. Aimed at discussing the future development of the blockchain technology, the conference gathered more than 200 attendees including entrepreneurs, investors, industry experts and media professionals, with an in-depth focus on blockchain topics. Highlight speakers and panelists include Gong Yan, Professor of Entrepreneurial Management Practice of CEIBS; Benny Giang, head of CryptoKitties in Asia, and Jack Liu, the founder of ALLIVE.

Jack Liu introduced ALLIVE project’s concept, business model, and application in the conference. For the current problem of healthcare industry stranded, ALLIVE provides a solution by designing an intelligent healthcare blockchain ecosystem. Through its three components of Olife, Olivia and Oleaf, ALLIVE customizes a self-perfecting health profile for each individual, provides a major-hospital-qualified AI doctor, and finally turns to an integrated full-process healthcare services.

Jack Liu, the founder of ALLIVE

Professor Gong Yan from CEIBS hosted the panel discussion, attended by the founder of ALLIVE, Jack Liu, the founder of Decentraland, Mr. Ari, Mr. Esteban, blockchain media professional Cao Yuan, and the founder of Zhenlian Tech, Yangjie. Jack dived into the current situations and future trend of blockchain projects.

Q1: Will the pattern of blockchain end up with monopolies?

Jack: There are two situations concerning the blockchain public chain. For the general public chain, I think there are spaces for monopolies in the future, like two or three companies. Similar to the general public chain, I also consider industry-applied public chain to be owned possibly by only one company in the future. The competition in the future is not between individuals, but a match in ecosystem. That is to say, the more powerful the ecology, the better the community, and the stronger the technology, the more likely it is to cover its competitors. Hence, from my view of big health industry blockchain, there will be no more than three public chains in this industry.

Q2: From an economic perspective, how should incentive mechanism of blockchain projects be designed?

Jack: The design of incentive mechanism is more than a technical problem. It’s about human nature. In the short term, the incentive system should be designed considering all the participants in the existing community. The basic logic is to clear out the participants and the relationship in between. Take big health ecosystem as an example, participants include service providers, users, and interested third parties, what’s their initial needs accordingly? That’s how we think about it. Moreover, from the perspective of the public chain itself, it will also undergo fission to find a better incentive mechanism subsequently. What is the incentive mechanism for the secondary fission under our big health public chain? We are also thinking about it.

Q3: What’s the standard for evaluating blockchain projects?

Jack: Three years ago, I evaluated a public chain by their technical power, their team, and their desire, because these are the only reliable indicators. Now I can go back to see the white papers or roadmaps of those projects three years ago, and reconsider about them. Therefore, I switched to an opposite direction, I see their value from the operation side. So, there are two indicators I think are important now: one is the degree of digitization, the second is the public recognition of digitization.

Q4: How can ALLIVE protect user privacy?

Jack: In real life, it’s hard to control your privacy, but ALLIVE can help you realize that. Additionally, ALLIVE intends to build a healthcare ecosystem empowered by blockchain technology, which employs a decentralized, encrypted, and on-chain-off-chain-integrated storage solution to ensure health data privacy.