President of Hang Seng Electronics: Digital currency will bring great influence and change in the payment and clearing process first.

Liu Yufeng, president of Hang Seng Electronics, said that the blockchain is an infrastructure. Under the influence of distributed accounting, the core technologies of encryption algorithms and the consensus mechanism, a basic platform will be formed. In the construction of this infrastructure, the primary application is digital currency. Today, the central bank's digital currency has many technical things. Unlike Bitcoin, it is the digital currency we use to use the RMB as an anchor. If the digital currency comes out, it will bring a lot of influence and change in the payment and clearing process. Blockchain technology In terms of asset management, we can see the pure problem of the underlying assets. Applications for asset custody, clearing, and settlement are also quickly available. Further, these are the infrastructure of asset management itself.