Huo Xuewen, director of the Beijing Financial Bureau: financial technology applications such as blockchain and cloud computing will serve smart

According to China Financial Information Network, on May 30, at the 2019 Financial Street Forum annual meeting, Huo Xuewen, director of the Beijing Municipal Bureau of Local Financial Supervision, said that financial innovation and development is an inevitable requirement for deepening the structural reform of the financial supply side and serving the real economy. However, the mechanisms and technical means of traditional financial markets have been difficult to solve the problem of information asymmetry and low scale efficiency. "And the future of finance must be smart-driven finance." He also pointed out that financial technology applications, including blockchain, cloud computing, and big data, will serve intelligence, and AI technology will play a leading role.