Babbitt reported that the "2019 World Blockchain Conference·Wuzhen" hosted by Babbitt was held at the Wuzhen Internet International Convention and Exhibition Center from November 8th to 9th. This morning, at the "D-Future: The Future of Decentralized Finance" sub-forum, Bai Shuo, former chief engineer and financial technology expert of the Shanghai Stock Exchange, said that the currency reform and chain corrections are developing in the same direction. This direction includes large Business (enterate economy entry), large funds (serious institutional admission) and high traffic (network giant admission). He also pointed out that at present China's legal digital currency is to B (for enterprise users), focusing on "issuing" and focusing on "within one country". There is no traffic base for the time being, but there are mobile payment flows available, and smart contracts are not supported at this time. . The Libra issued by Facebook is to C (for ordinary users), with equal distribution and circulation. If necessary, it can abandon the issue, focus on "globalization", have a global traffic base, and support smart contracts. He also proposed three "does not hinder". First, the centralization of the accounting rights does not hinder the decentralization of the supervisory power. The centralization of the distribution does not hinder the decentralization of circulation. The centralization of the books does not hinder the decentralization of the contract. Chemical.