Hou Yunchun, member of the National Committee of the Chinese People's Political Consultative Conference: Fintech focuses on increasing credit, improving efficiency, strengthening supervision, and preventing risks

Babbitt live reports that on December 8, at the T-EDGE New Finance Summit 2019 and CHAINSIGHTS Fintech and Blockchain China Summit, Hou Yunchun, member of the 12th CPPCC and former deputy director of the Development Research Center of the State Council The focus was on increasing credit, improving efficiency, strengthening supervision, and preventing risks. He put forward 3 sentences: 1. Blockchain is a revolutionary technology, and it is the application that brings major changes to various fields. 2. The full value and vitality of the blockchain lies in the practical application of various industries and fields; 3. The behavior of the blockchain is far-reaching and healthy development. The problem of Bitcoin should not be the responsibility of the blockchain. A neutral technology.