Babbitt reported that on September 17, the fifth global summit of blockchain sponsored by Wanxiang Blockchain Lab was officially opened in Shanghai. In the speech, PlatON CEO Sun Lilin introduced Lattice, the next generation financial infrastructure for the intelligent Internet of Things. Sun Lilin believes that payment innovation = new authentication method, the best model for intelligent terminal measurement account is fully open. Its complete payment system is: cloud payment architecture based on intelligent terminal + identity authentication + anti-fraud + risk control + credit rule + data realization. It is still too early to talk about applications. The main task is to make the equipment fully equipped with payment and clearing capabilities. Identity authentication is a very important thing, whether it is the ID of the Internet of Things or the ID of human beings.