Chairman of the National Finance and Development Laboratory: Blockchain provides a trust mechanism for the financial sector

According to the First Financial News, on July 25th, at the "Open Innovation and Ecology – 2019FinTech Summit Forum", Li Yang, chairman of the National Financial and Development Laboratory and member of the Chinese Academy of Social Sciences, said that what technologies are being applied The financial sector? What problems have been solved? First, the blockchain provides a trust mechanism, using technology to enable trust to be established, enabling financial development; second, artificial intelligence; third, technology provides a new set of security standards, security systems, and security mechanisms; fourth, the Internet of Things Fifth, cloud computing improves efficiency and processing efficiency.