Southern Fund Zheng Xiaotong: Blockchain technology application is in the first and second stages

On the afternoon of November 15, at the 12th Industry Frontier (Shenzhen) Roundtable Forum hosted by Shanghai Securities News and China Securities Network, Zheng Xiaotong, the fund manager of the Southern Fund, said that the core problem of blockchain technology solution is between people. The crisis of trust helps to build a social mechanism of mutual trust and consensus. “At present, the application of blockchain technology is mainly in the first and second phases.” Zheng Xiaotong said that the application of blockchain technology is divided into three phases: the first phase is mainly applied to the currency field; the second phase is mainly applied to contracts. Areas such as stocks, bonds, credit, asset recognition, and smart contracts; the third phase is mainly used in government, health, science, culture, and the arts to help achieve weak centralization and social autonomy.