Liu Xingliang, Dean of the DCCI Internet Research Institute: Blockchain is breeding a "world-class" consensus, but it is still in the popularization stage

According to China Business Daily, Liu Xingliang, the dean of the DCCI Internet Research Institute, said that the consensus mechanism of blockchain will not only affect the economic level, but it will affect all aspects of social life in the future. Blockchain is fostering a "world-class" consensus. But it also needs to be seen that the current blockchain is still in the popularization stage. In the initial stage, it is more "reorganization" at present. Although the public chain has developed earlier, it is still applied at the virtual currency level. In the period of savage growth, in contrast, the development of private chains and alliance chains in different application scenarios is better.