People's Daily: The application of blockchain technology places higher requirements on regulatory capabilities and levels

Today, the People's Daily published a paper "Encouraging the development of blockchain is not tantamount to rushing up and engaging in vicious competition." The article states that from the perspective of governance, the application of blockchain technology places higher requirements on regulatory capabilities and levels. Today, the combination of finance and technology is becoming closer and closer, which has brought many challenges to governance. The rise and fall of P2P online lending is a typical example. This means that while we embrace blockchain technology, we should also strengthen the guidance and standardization of blockchain technology, focus on the research and analysis of blockchain security risks, closely track developments, and actively explore regulatory methods and governance. law. It is necessary to explore the establishment of a security guarantee system adapted to the blockchain technology mechanism, guide and promote blockchain developers and platform operators to strengthen industry self-discipline and implement security responsibilities. It is necessary to implement the rule of law network into the management of the blockchain and promote the secure and orderly development of the blockchain.