sheknows live broadcast | Meng Yan: The addition of data and the development of digital currency and digital assets will cause dramatic changes in the factor market

On the evening of April 11, Babbitt Sheknows held an online interview on the theme of "Data formally incorporated into production factors, and how the blockchain meets the great changes of the times." Meng Yan, vice president of the Digital Asset Research Institute, said that the addition of data and the development of digital currencies and digital assets will cause drastic changes in the factor market. In a nutshell, it will soon lead to the digitization of the factor market, which is a far more profound thing than the digitization of the product market. The digitization of the factor market will bring about drastic changes in our production methods, lifestyles, and relationships between people. It will also cause drastic changes in the distribution of social wealth, and will inevitably result in drastic changes in social structures and even international economic relations.