Director of Key Laboratory of the Chinese Academy of Sciences: Blockchain expands the scope of economic activities and ways to improve efficiency

The 2019 (Second) China Fintech Industry Summit was recently held in Beijing. Wang Feiyue, director of the Key Laboratory of the Chinese Academy of Sciences, proposed at the meeting that the nature of blockchain intelligence makes traditionally difficult to circulate and commoditize "attention" and "credit power" into circulating commodities that can be mass-produced, expanding revolutionarily. The scope of economic activities and ways to improve efficiency are presented as follows: blockchain = credit machine + real camera.