Cao Shengxi, Renmin University of China: Encouraging blockchain development is not the same as encouraging air currency

In response to the blockchain concept and the enthusiasm of the capital market, Cao Shengxi, an associate researcher at the Institute of International Monetary Research at Renmin University of China, said: “The blockchain is an underlying technology, with Bitcoin, ICO (tokens issued), etc. There are essential differences in concepts. Encouraging the development of blockchain technology is not the same as encouraging the issuance of air coins."