Gu Feiyong: The most important value of the blockchain is to build a trust foundation based on technical means.

Babbitt reported on the 23rd, November 23, 2019 Netease Future Conference opened in Hangzhou. In the "blockchain + real economy" forum held in the afternoon, Gu Feiyong, head of the Netease blockchain business, said in his speech that the most important value of the blockchain is to build a trust foundation based on technical means. For C-side products, the cost of both links can be reduced and the user experience is better. For the B and G terminals, the synergy value of cooperation can be improved. However, the current blockchain has not yet formed a business model. In addition, he also said that at present Netease has four main explorations and practices for blockchain: 1. Fuxi Tongbao (blockchain + games); 2. Netease Planet (blockchain + personal data); Flag punching (blockchain + community); 4. Planetary blockchain (blockchain + cloud service).