Reflections on Cycling An industry matures through three stages: concept, idealism, and practical implementation. Internet The concept is the global interconnection of computer networks. The ideal is the free flow of information and resource sharing. The practical applications are games, e-commerce, entertainment, food delivery, and more. Blockchain The concept is distributed ledger technology. The ideal is immutability, traceability, and decentralization. For practical applications, the answer should revolve around the concept and ideal. Choose a long-term strategy and a large-scale market. Long-term strategy: sustained growth for at least 10 years. Large-scale market: a large user base with no ceiling.