According to the Securities Market Weekly, the performance of digital currency and blockchain stocks has been eye-catching recently, and the stock prices of listed companies have also seen large gains. However, public information from listed companies shows that the extent to which listed companies are involved is very different. Some experts said that the key depends on whether the blockchain technology direction proposed by the listed company has application scenarios, whether it has strong correlation with the main business, whether there are specific product services, and whether there is institutional access. Blockchain is a platform that requires multi-party collaboration. If there is only a single participant or a fully centralized system, it is a pseudo-blockchain project.