Ling Ting 2020 | Tao Rongqi, founder of X-Order: The real advantage of Libra is that it may become a dollar substitute in the open financial world

On the evening of December 27, the world's first blockchain year-end speech "Ling Listening 2020" was held in Hangzhou. Tao Rongqi, founder of X-Order and partner of NGC Venture, said in his speech that open finance is based on distributed ledger finance, with highly integrated systems, unified and seamless business, and an open and inclusive ecology. In development finance, the largest dollar hitter is the stablecoin, which is the focus of the game of big powers. He also pointed out that the real advantage of Libra is that it may become a dollar substitute in the open financial world. Its true meaning is that all Internet applications will become part of open finance. "Facebook + Libra + Move" is equivalent to "Web + stable currency + smart contract", which is also the starting point for the blockchain to get rid of reality.

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