Huang Zhen, Central University of Finance and Economics: Formal financial institutions are using a blockchain and other technologies to carry out a transformation of the financial technology revolution

According to China News Network, Huang Zhen, director of the Financial Law Institute of the Central University of Finance and Economics and chief economist of the Beijing Mujin Association, said in an interview that traditional financial institutions are rapidly driven by the mobile Internet, especially Internet finance. With the investment in science and technology and the pace of transformation, today's formal financial institutions, including city commercial banks, are setting off the banner of Internet finance, adopting new technologies such as mobile Internet, big data, cloud computing, and blockchain. Carry out a transformation of the financial science and technology revolution.