Li Ming, Ministry of Industry and Information Technology: Large-scale application of blockchain needs further technological breakthroughs

According to Xinhua News Agency, Li Ming, director of the Blockchain Research Office of the Electronic Industry Standardization Institute of the Ministry of Industry and Information Technology, said recently that blockchain applications are still in the early, niche and trial stages, and there has not yet been a "killer" large-scale application. However, various industries are actively exploring and trying. With the implementation of 5G technology, the increase of market data volume and the improvement of technical problems, more application cases are expected to appear in the future.