Guohai Securities: 2020 is expected to be a year of centralized landing of blockchain applications, and the alliance chain will be the main landing method

The People's Bank of China's Financial Technology Committee meeting was held in Beijing a few days ago. The meeting pointed out that in 2020, it is necessary to increase the supervision of fintech and introduce a series of fintech supervision rules such as personal financial information protection and blockchain.
Guohai Securities believes that the blockchain has the basis for large-scale application in both technology and supervision. At present, the blockchain has seen many experimental application cases in the fields of games, medical, Internet of things, logistics, and identity authentication. It is expected that 2020 will be a year of centralized landing of blockchain applications, and the alliance chain will be the main landing method. In terms of technology, the blockchain technology has been continuously improved. The traditional problems of small scale and low efficiency have been partially resolved. The blockchain has matured in terms of performance, ease of use, and operability, and can support large-scale commercial applications; In terms of supervision, blockchain laws and regulations and the regulatory system are gradually improved. Blockchain filing is conducive to the overall development of the blockchain industry. It is a standardized first step in blockchain technology. More and more companies can Formally apply.