Fan Yifei: The People's Bank of China is actively studying and formulating standard codes such as blockchains.

According to the People’s Daily News, on April 11, Fan Yifei, deputy governor of the People’s Bank of China and chairman of the National Financial Standardization Technical Committee, published an article entitled “Adhering to the People as the Center to Promote Financial Standardization Construction”. The article pointed out that since 2017, the People's Bank of China has successively issued and issued a number of financial technology standards such as "Technical Specifications for Mobile Terminal Payment Trusted Environment", "Cloud Computing Technology Financial Application Specification", "Mobile Finance Based on Voiceprint Identification Security Application Technology Specification" and so on. Give full play to the normative leading role of standards in the application and development of financial technology, effectively promote the integration of finance and information technology, and meet the high-concurrency, high-traffic, multi-frequency financial transaction needs of the Internet era. At present, the People's Bank of China is actively studying and formulating standard norms such as big data, blockchain, and open banks to further guide the healthy and orderly development of financial technology.