Huang Hong, Vice Chairman of the China Insurance Regulatory Commission: Encourage banks to use technological innovation products such as blockchain

According to China Net News, the State Council Information Office held a press conference today on the operation of the banking industry and the service of the real economy. Huang Hong, vice chairman of the Bank of China Insurance Supervision and Management Committee, said at the meeting that banks should be encouraged to actively use information technology such as artificial intelligence, big data, blockchain and cloud computing to innovate product services and improve the effectiveness, convenience and availability of financial services. Decent. "In the next step, the Bank's Insurance Regulatory Commission will strengthen supervision and guidance on the implementation of various policies to ensure that the policies will be effective, continue to promote the effective needs of the banking insurance institutions in conjunction with the real economy, increase product and service innovation, and further enhance the quality of financial services."