Former Vice President Wang Zhongmin of the Social Security Fund: The biggest benefit of digital currency is that it reduces costs

Today, Wang Zhongmin, former vice chairman of the National Council for Social Security Fund, said at the "Sanya International Forum on Finance and Economics-Responses and Choices under the Changing Global Pattern", "Today, when science and technology are to be applied in the financial field, not only technology is required. Port, today's 5G, blockchain, big data, cloud computing can be used, the question is who is the fastest to embed this thing into the expansion of applications. We look at a logic from the perspective of empowerment, this is to say At this time, there must be venture capital investment, and early cultivation of new technologies and new scene applications. "He also said that the emergence of digital currency reflects the application of blockchain, and its greatest benefit is also reduced costs.