China Communications Industry Association Wang Dong: The advent of Bitcoin has broken the way of value creation

Aiming at the digital economy and blockchain, Wang Dong, vice chairman of the Digital Economy Branch of the China Communications Industry Association, said that digital marketing, digital factories, digital commerce, and digital finance are only part of the digital economy. The arrival of the digital economy is due to the creation of digital credit and the formation of a digital ecology. The emergence of Bitcoin has broken the way of value creation, and adopts distributed decentralized technology. The immutable property has made the group form a consensus on it, and this consensus forms the flow of value in the group.