Wang Zhicheng, Peking University Guanghua School of Management: The centralization of the Google era will give way to a blockchain system based on privacy and security.

On May 29th, an associate professor of finance at the Guanghua School of Management at Peking University published an article saying that the essence of the Google era is the centralization of the pyramid structure and the “free” that is adorned by advertisements, which are largely three of the Internet. Architecture layer: the product of security, trust, and lack of transactions. Now, blockchain technology can rebuild the Internet with security, trust, and transactions, let personal data be returned to the individual, let privacy be respected, and let personal value generate wealth. A free economy based on the safe use of advertising revenue and citizen privacy will give way to privacy and security-based systems.