Digang, the central bank's digital currency research institute: Blockchain can identify effective intermediaries, streamline invalid intermediaries, and encourage professional intermediaries

On May 27th, at the "High-end Dialogue on Blockchain" of China International Big Data Industry Expo in 2019, Di Gang, deputy director of the Digital Money Research Institute of the People's Bank of China, said in his speech that we must clarify the different forms of intermediary when understanding the intermediary. Not all intermediaries are inefficient, and professional intermediaries can provide efficiency. Blockchain plays a very important role in identifying effective intermediaries, streamlining invalid intermediaries, and encouraging professional intermediaries.