Core Insights - The article discusses the evolution of smart contracts from the 1.0 to the 2.0 era, highlighting the transition from theoretical exploration to deep application in the context of industrial internet [1][4] - A specific B2B e-commerce system is leading the innovation in this space, promoting the concept of "code as law" to reshape trust and efficiency in B2B transactions [1][4] Group 1: Smart Contract Development - In the 1.0 era, smart contracts primarily focused on the codification of contract terms, achieving basic automation in execution, such as triggering payment conditions and confirming delivery of goods [1] - The limitations of 1.0 smart contracts include inadequate adaptability to complex legal scenarios, difficulties in cross-chain collaboration, and a lack of flexible dynamic adjustment mechanisms [1] - The B2B e-commerce system has adopted advanced blockchain architecture to provide a solid trust foundation for smart contract operations, ensuring data integrity and preventing tampering [1] Group 2: Integration of Advanced Technologies - The B2B e-commerce system integrates artificial intelligence, big data, and the Internet of Things (IoT) to enhance the interactive capabilities of smart contracts [3] - AI technology is utilized to intelligently analyze contract texts, extract key terms, and convert them into executable code, providing optimization suggestions for contract negotiations [3] - Big data technology monitors contract performance in real-time and predicts potential risks, while IoT enables real-time interaction between smart contracts and physical goods logistics and storage [3] Group 3: Legal and Industry Standards Integration - To ensure the legal validity of smart contracts, the B2B e-commerce system has established a close connection with the judicial system, allowing for rapid synchronization of evidence to a judicial blockchain in case of disputes [3] - This mechanism significantly shortens the dispute resolution cycle and enhances judicial efficiency [3] - The system actively participates in the formulation of industry standards, converting these standards into code specifications for smart contracts, ensuring strict adherence to quality and delivery standards in sectors like electronic components [3][4] Group 4: Impact on B2B Transactions - Through these innovative measures, the B2B e-commerce system not only promotes the deep application of smart contracts in the industrial internet but also strengthens the practical guarantee of "code as law" [4] - This advancement enhances trust and efficiency in B2B transactions and lays a solid foundation for the standardized development of the industrial internet [4]

Group 1 - The core idea of the article is the transition of smart contracts from concept to deep application in the 2.0 era, with Shushangyun leading the way in the industrial internet sector by implementing the "code as law" concept to enhance trust and efficiency in B2B transactions [2] - The 1.0 era of smart contracts focused on basic automation, but faced limitations in complex industrial environments, such as insufficient adaptability to complex legal scenarios and difficulties in cross-chain collaboration [3] - Shushangyun's B2B e-commerce system is built on an advanced blockchain architecture, providing a solid trust foundation for smart contract operations, ensuring data integrity and authenticity through decentralization [3][5] Group 2 - The integration of multiple technologies, including artificial intelligence, big data, and the Internet of Things, enhances the intelligent interaction capabilities of smart contracts within Shushangyun's B2B e-commerce system [4] - AI technology enables intelligent parsing of contract texts, while big data analyzes execution processes to predict potential risks, and IoT facilitates real-time interaction with physical goods [4] - The system's connection with the judicial framework allows for automatic submission of contract data to a judicial blockchain in case of disputes, providing irrefutable evidence for legal proceedings [5][7] Group 3 - The practical implementation of "code as law" in the industrial internet includes legal compliance mapping of contract terms and judicial connection guarantees during execution [6] - Shushangyun actively participates in the formulation of industry standards, converting these standards into code specifications for smart contracts, thereby promoting their application in B2B transactions [8] - This approach ensures that industry standards are strictly enforced in every B2B transaction, enhancing the influence of "code as law" in the industrial internet and promoting standardized development [8]

Group 1 - The story of Sam Bankman-Fried (SBF) and FTX illustrates the rise and fall of a significant player in the cryptocurrency market, highlighting the intersection of technology idealism, utilitarian philosophy, and human weaknesses [2][4] - SBF's philosophy of Effective Altruism (EA) emphasizes using rational and efficient methods for charity, aiming for the "greatest good for the greatest number" [5][6] - SBF's approach to wealth generation was driven by the belief that earning money was a moral responsibility to fund charitable causes, leading to the establishment of Alameda Research and FTX, which rapidly grew to a valuation of $40 billion [6][7] Group 2 - The concept of "infinite games" versus "finite games" is introduced, with SBF claiming to play an infinite game aimed at enhancing human welfare, while his methods reflected a finite game mentality focused on winning at all costs [9][10] - The blurred lines between FTX and Alameda Research raised concerns, as FTX's initial funding came from Alameda, and the use of FTT tokens as collateral created a precarious financial situation [10][11] - The misuse of customer funds by Alameda, which were intended for high-risk investments and personal loans, ultimately led to the collapse of FTX, revealing a Ponzi-like scheme [11][12] Group 3 - The internal culture at Alameda, characterized by high intelligence but social challenges, fostered a reality distortion field that led to a disregard for ethical standards and risk management [12][13] - The collapse of FTX was triggered by a media report exposing Alameda's balance sheet, leading to a panic and a bank run that resulted in $6 billion in withdrawal requests within 72 hours [13][14] - The story serves as a cautionary tale about the dangers of placing too much trust in "genius narratives" and the importance of adhering to traditional financial rules, which are crucial for maintaining trust and stability in the market [15][16]