Understanding Blockchain Product Categories
Blockchain products can be classified technically into 3 main types:
Dapp Products:
Decentralized applications built on existing blockchain platforms using smart contracts. Examples include:- Baidu Encyclopedia's edit history tracking
- Alibaba's logistics tracking system
- NetEase Planet
BaaS Platforms:
Blockchain-as-a-Service solutions that enable easy deployment of private blockchains:- Huawei BCS
- 360 BaaS Platform
- Tencent Cloud TBaaS
- Baidu BBE
Public/Consortium Chains:
Core blockchain protocol development:- Ethereum, EOS, Corda
- Hyperledger Fabric
- NEO, 360 Panshi Chain, Tencent TrustSQL
Alternative classification by deployment scope:
- Public Chains: Open to all participants (e.g., Ethereum)
- Consortium Chains: Restricted to member organizations
- Private Chains: Internal enterprise use only
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Deep Dive into Dapp Products
What Makes a True Dapp?
Distributed Applications must fulfill three core requirements:
- Tamper-proof data
- Decentralization
- Open accessibility
Dapp Types:
Functional Dapps:
- Applications with blockchain backend
- May or may not comply with existing standards
Token Systems:
- ERC20/ERC777 (Fungible tokens)
- ERC721 (Non-fungible tokens/NFTs)
| Top Dapps by Users (24h) | Category | Blockchain | Active Users |
|---|---|---|---|
| Cosmochain | Beauty | Klaytn | 13.22K |
| Crypto Legends | Gaming | EOS | 9.86K |
| Dice | Gaming | EOS | 7.28K |
Chinese Tech Giants' Blockchain Implementations:
- Baidu Encyclopedia:
Edit history tracking (questionable true blockchain use) - NetEase Planet:
Reward system with "Original Force" points - Alibaba Logistics:
Supply chain tracking (closed blockchain system)
Key Insight: Many Chinese Dapps operate on private chains, potentially compromising decentralization principles.
BaaS Platform Evaluation
Major Blockchain-as-a-Service offerings:
| Platform | Key Features | Consensus Algorithms | Notable Applications |
|---|---|---|---|
| Baidu BBE | Multi-chain support, IPFS integration | PBFT, PoS | Financial asset securitization |
| Tencent TBaaS | Fabric optimization, Dynamic scaling | Raft, BFT | Judicial notarization |
| Ant Blockchain | Cross-cloud compatibility | PBFT | Food traceability |
| Huawei BCS | Homomorphic encryption | Optimized PBFT | Supply chain finance |
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Public Chain Landscape
Global Projects:
- Ethereum
- EOS
- Hyperledger
Chinese Public Chains:
| Product | Company | Language | Consensus | Performance |
|---|---|---|---|---|
| NEO | OnChain | C# | dBFT | 10K+ TPS |
| Xuperchain | Baidu | Go | TDPoS | 300+ TPS |
| TrustSQL | Tencent | - | BFT-Raft | 5K+ TPS |
Blockchain Policy Overview
Key Regulations:
- MIIT's 2018 Blockchain Whitepaper
- PBOC's Blockchain Capability Report
- Guangzhou Development Zone Incentives
FAQ Section
Q: What's the difference between a Dapp and regular app?
A: True Dapps must be decentralized, open-source, and incentivize network participation through tokens.
Q: Are Chinese blockchain projects truly decentralized?
A: Many operate on permissioned/private chains, prioritizing performance over full decentralization.
Q: Which industries benefit most from BaaS?
A: Supply chain, finance, and intellectual property see the most immediate applications.
Q: How do ERC standards impact token development?
A: They provide interoperability guidelines ensuring tokens can work across compatible wallets/exchanges.
Q: What's the future of blockchain in China?
A: Focus shifting from infrastructure to real-world implementation across government and enterprise sectors.
Conclusion
The blockchain ecosystem continues to evolve with distinct approaches between global open networks and China's more controlled implementations. While technical capabilities mature, the key challenge remains identifying use cases where blockchain provides genuine advantages over traditional databases.
Key Takeaways:
- Dapp adoption growing in gaming/finance sectors
- BaaS platforms lowering entry barriers
- Policy support driving enterprise adoption
- Performance compromises common in permissioned chains
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