Yang Grow: Blockchain and other popularization in financial markets can solve the problem of information asymmetry

On April 25th, Shanghai Securities News published the article by Yang Wansheng, chief economist of Wan Hongyuan, “The reform of financial supply side should be oriented to meet the needs of the real economy”. The article pointed out that the widespread promotion of Internet, big data, cloud computing, blockchain and artificial intelligence in financial markets can significantly reduce the information costs of financial markets and financial industries, and solve the problem of information asymmetry in credit and transaction processes. Reduce labor costs in financial markets.