Shanghai Securities News: Consumer finance companies need to strengthen the research and development and application of blockchain technology

The Shanghai Securities News published a commentary today saying: "Undoubtedly, the era of consumer finance companies has passed. In order to consolidate the status of rivers and lakes in the fierce competition, in addition to the strong capital strength, we must first establish a strict risk prevention. The control system strengthens the research and development and application of artificial intelligence and blockchain technology to enhance the credit recognition of lenders and isolate the risks of high leverage and long-term mutual debt."