Vice President of the Hangzhou Branch of the People's Bank of China: Using the blockchain and other technologies to innovate financial technology supervision

According to China News Network, on October 28, at the third (2019) Qiantangjiang Forum conference, Zhejiang Province's “Mobile Payment Province” implementation plan was released. Xu Zifu, deputy governor of the Hangzhou Branch of the People's Bank of China, said that in the process of building a “mobile payment province”, it is particularly important to strengthen risk prevention and control. In this regard, Xu Zifu said that Zhejiang will innovate financial technology supervision and use new technologies such as big data and blockchain to strengthen the monitoring and early warning and risk research and judgment of mobile payment market risks.