Deputy Director of the National Finance and Development Laboratory: In the future, the blockchain innovation has nothing to do with the currency circle.

According to the China Securities Journal, on October 31, the “2019 Improving the Listed Companies Quality Summit Forum and the 21st Listed Company Golden Bull Awards Ceremony” hosted by China Securities Journal was held in Beijing. Yang Tao, deputy director of the National Finance and Development Laboratory, said that blockchain technology is growing at a high speed, but the blockchain innovation has nothing to do with the currency circle in the future. Blockchain can only be used in a small area in the financial sector, such as supply chain finance and trade chain finance. It is possible to serve microfinance (premise) that financial services cannot have a major impact and impact in the short term.