Wanxiang Blockchain company Zou Chuanwei: Blockchain will bring new problems for post-processing of financial transactions

Zou Chuanwei, chief economist of Wanxiang Blockchain Company, said that the blockchain will bring new problems to the post-processing of financial transactions, including but not limited to: 1. The finality of settlement; 2. Effectively handle errors and exceptions ; 3. The feasibility of net settlement after netting in a decentralized environment; 4. The feasibility of cross-ledger DvP. Blockchain is used in the post-processing of financial transactions, which is the conversion from the account paradigm to the Token paradigm. But the paradigm shift alone is not enough to support the necessity and rationality of introducing blockchain in the post-processing of financial transactions. The key is to prove that blockchain can improve efficiency, reduce risks, and retain the advantages of the current model.