According to China Netcom, in the high-end dialogue scene of the “Blockchain – the cornerstone of digital civilization” at the 2019 Expo, Li Guanyu, deputy director of the Information and Software Services Department of the Ministry of Industry and Information Technology, issued an important role in the development of the blockchain. Policy signal. Accelerate the construction of core technology capabilities in the blockchain, encourage key enterprises to increase research and development efforts, and accelerate the breakthrough of core technologies such as smart contracts, consensus mechanisms, and encryption algorithms. Improve blockchain performance efficiency and security. Establish and improve the synergy mechanism of key enterprises, universities and research institutions, promote the construction of blockchain open source communities, and explore new paths for innovation and development. The Ministry of Industry and Information Technology will help blockchain technology innovation and industrial application development, promote blockchain technology to empower the real economy, and provide new kinetic energy to further drive China's transformation and upgrading.