Ma Zhitao, Vice President of Weizhong Bank: Libra shows the prototype features of the public alliance chain

Babbitt reported that on August 30th, at the Coindesk Chinese version of the forum, Ma Zhitao, vice president and chief information officer of Weizhong Bank, said: "Libra shows the rudimentary characteristics of the public alliance chain. Libra may have the opportunity to unite the district. The underlying platform of the blockchain spans national borders, socializing, travel, e-commerce, telecommunications, consumer payments, education and other ecological scenarios. However, the shortcoming is that settlement and circulation are attached to the same stable currency, and on the one hand, it relies on Facebook and other launching companies. Too large to make loose coupling; on the other hand, it will bring a big test to the existing financial regulatory system."