University of International Business and Economics Tang Xiaobin: Blockchain technology can accelerate the establishment of a modern economic system

Tang Xiaobin, a researcher at the Beijing University of International Business and Economics and a professor at the School of Statistics of the University of International Business and Economics, and Wang Yanan, a Ph.D. student in the School of Statistics of the University of International Business and Economics, write that the blockchain can use the Internet to synchronize and back up information across the entire network. The establishment of a trust mechanism between traders; the application and promotion of blockchain technology in various economic and social fields can accelerate the establishment of a modern economic system and help the high-quality development of our economy.