Deputy Director of Information Transmission Department of China Securities Association: Blockchain technology provides new solutions for pain points such as data security in the securities industry

On July 15th, Securities Times published the article “The Impact of Financial Technology on the Operation Mode of Securities Firms” by Cao Yongqiang, deputy director of the Information Transmission Department of the China Securities Association. The article stated that the blockchain technology is open, transparent, untamperable and easy to track. And so on, to provide new solutions to the pain points of the securities industry data security, credit verification, etc., some securities companies have begun to explore research.