On November 1st, Guangming Daily published an article by Qu Shenning, an associate researcher at the Institute of Industrial Economics of the Chinese Academy of Social Sciences, “Promoting the Development of Blockchain and Economic and Social Integration”. The article stated that the application prospects of blockchain are very broad. In the field of payment and clearing, the blockchain can abandon the role of the intermediary bank and realize point-to-point fast and low-cost payment, so it has significant advantages in payment clearing, especially in the cross-border payment industry. In order to strengthen the guidance and standardization of blockchain technology, China should actively participate in the formulation of relevant international standards, open source institutions and community organizations that meet international standards, strengthen exchanges between national standards and international standards, and continuously improve China's blocks. The international discourse power of the chain standard system. Governments, universities, financial technology companies, Internet companies, etc. are encouraged to set up relevant R&D laboratories, develop application programs related to blockchains, and establish China's independent blockchain technology alliances to accelerate the pace of technological innovation in the industry.