2019 Bytom DevCon 2丨Steven Yang: Supervision keeps the encryption project closer to the center

Babbitt reported that on August 24th, the US local time, "2019 than the original global developer conference" officially opened in San Francisco, USA. On the round table entitled "Value Creation in the Digital Asset Industry," Reserve Engineering VPZera said that projects like Libra must deal with banks and regulators, sometimes have to change themselves, it is more like Paypal, and Non-encrypted items. Sili Zhao, the head of Infstone business, affirmed Libra's positive role, thinking that it will let more people know about blockchain and cryptocurrency, and has a huge educational science.

In addition, Anchain marketing manager Steven Yang believes that many of the early participants in cryptocurrencies were against regulation; in fact, in order to meet regulatory requirements (KYC), the project had to move closer to centralization. In practical applications, users are often more adaptable to centralized services. SiliZhao, head of Infstone business, said that many people's understanding of the blockchain is limited to banking and cryptocurrency. Practitioners should explore more applications of blockchains in other areas. At present, the industry is still at a very early stage, and it is still impossible to judge the success or failure of a certain segment.