"China's financial holding company's risk and supervision" report recommends the use of blockchain monitoring of gold control companies

According to the China Securities Journal, on April 25, the Risk and Supervision of China's Financial Holding Companies released at the results conference of the Digital Finance Research Center of Peking University showed that regulators are actively using financial technology to promote regulatory innovation, such as targeting gold. To control the company's complex related transactions and multi-layered financial products, we can consider the use of blockchain to ensure reliable technical characteristics of transaction data, monitor the whereabouts of transactions and the quality of underlying assets, and improve regulatory effectiveness.