Li Ming, Chairman of the IEEE Committee: New-generation information technology such as blockchain is a tool for processing data

On the morning of January 12, the second Xiamen International Blockchain Entrepreneurship Summit Forum of “When Industry Meets the Blockchain” was grandly held at the Science and Technology Center of Xiamen University. Li Ming, Chairman of the IEEE Committee and Director of the Research Institute of China Electronics Standards Institute, delivered a keynote speech "Blockchain Standardization to Promote Industrial Development". From the technical perspective, he said that the core elements of the digital economy are data, and the next-generation information technology such as blockchain is a tool for processing data. The main task is to maximize the value of data and form a data-based service model to promote the development of the digital economy .