On the evening of December 27, the world's first blockchain year-end speech "Ling Listening 2020" was held in Hangzhou. Tang Xialing, vice president / editor of Babbitt and founder of Lingting Blockchain, said in his speech that the economic cycle was originally a very common and proven phenomenon of economic activity, with four clear definitions of prosperity, recession, depression and recovery. stage. However, such an economic cycle has been completely broken in the past two or three decades. The turning point of the cycle is actually becoming less clear. First, technological progress has become the most important force in breaking the economic cycle. On the other hand, the entire human internal system is undergoing profound changes, and major changes are taking place in government and markets, individuals and organizations. She also pointed out that human beings are entering a new era in an irreversible way. Blockchain provides a possibility for us to enter this world. The value of the blockchain business shows a typical double-peak growth model of emerging technologies.
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