Researcher of Zhongtai Securities: Blockchain technology has trade financing and other application scenarios in the financial industry

Dai Zhifeng, a researcher at Zhongtai Securities, published an article entitled "Evaluation of the Application of Blockchain Technology in the Financial Industry." The article stated that the application of blockchain technology in the financial industry: trade finance; supply chain finance; asset securitization; cross-border payment. The challenge of blockchain technology in financial applications: the use of blockchain technology needs to be evaluated, and the trading system improvement effect is sometimes better than blockchain technology. It is difficult to form a coalition chain between large financial institutions. The maturity of blockchain technology needs to be improved. There is an urgent need to establish uniform technical standards.