Mutual Gold Association Deputy Secretary-General: Promoting the related applications of blockchain technology and the digital transformation of financial institutions

On November 30th and December 1st, "Change and Dream · 2019 Phoenix Finance and Economic Summit Forum" was held in Shanghai. Yang Nong, Deputy Secretary General of China Internet Finance Association attended the forum and made a speech. Yang Nong said that in order to accurately understand modern financial technologies such as blockchain and digital currency, if he has not studied cryptography, has not studied database technology, and has relevant computer and system management knowledge, he must accurately Understanding and grasping is actually quite difficult. It is not the account of the village head or all the villagers, as some popular articles say. We hope that the experts will not be able to make suggestions and proposals with only a half-knowledge, and that they cannot be made astounding, so as not to mislead decision-making and public judgment. It is necessary to strengthen the guidance and standardization of blockchain technology, strengthen the research and analysis of blockchain security risks, closely track development trends, and actively explore development laws.
He also said that in line with the trend of the integration of finance and technology, the China Internet Finance Association is promoting the related applications of blockchain technology and the digital transformation of financial institutions, and is organizing the construction of China's supply chain financial digital information service platform and China's digital financial integrated services The platform is piloting the promotion of mobile APP record management and other related work for financial institutions across the country. A series of business specifications and technical standards for the above work will be introduced next year.