Yin Zhentao of the Chinese Academy of Social Sciences: The blockchain is still in its infancy, and there are risks in the application of the financial sector.

According to the "Enterprise Observer" report, Yin Zhentao, deputy director of the Law and Finance Research Office of the Institute of Finance of the Chinese Academy of Social Sciences, believes that the blockchain is a technology, the technology itself is not guilty, and the blockchain technology is worthy of support and encouragement. At the same time, he pointed out that the current blockchain technology is still in its infancy, not mature enough, and not perfect enough. There are still risks in the application of the financial sector. In terms of regulation, under a more integrated and coordinated regulatory framework, it is possible to further strengthen the unified supervision of penetration and coordination.