Shanghai Municipal People's Government Counselor: Transforming the real economy with blockchain technology and promoting the deep integration of blockchain and real economy

On November 4th, the Economic Daily published an article by Shanghai Municipal People's Government Counselor and Prof. Sheng Songcheng, Professor of Economics and Finance at China Europe International Business School, “More on Blockchain Serving the Real Economy”. The article stated that blockchain technology has great potential for development and will be widely used in the future. However, for blockchain technology, the first important thing is to land and serve the real economy. More consideration should be given to using the blockchain technology to transform the real economy, to promote the deep integration of the blockchain and the real economy, and to return everything to the source. This is the direction in which the development of blockchain technology should focus.