Lai Xin, Chief Engineer of Thunder Chain: There are two reference standards for judging whether an enterprise should use blockchain

Recently, the chief engineer of Xunlei Chain introduced the development status of the global blockchain market in terms of capital, policies, technology patents, and landing projects in a live broadcast online. He said that there are two reference standards for judging whether an enterprise or organization should use blockchain.

First, companies must first determine what kind of problems they want to solve with blockchain. If the core pain point is trust, it can be solved with the tamper-resistant and traceable characteristics of the blockchain.

The second is whether there are multiple organizations and cross-team collaborations. If multi-party trust issues are involved, then blockchain is a good solution. Laixin combined a number of cases to analyze and interpret the methodology of how different companies in the financial sector “on the chain”.