Dong Xiwei, Renmin University of China: Financial technology such as blockchain provides good conditions for commercial banking service innovation.

On June 1, the Securities Daily published an article entitled “How the “Open Bank” came to the small and medium-sized banks” by Dong Xiwei, deputy dean of the Chongyang Finance Research Institute of Renmin University of China. The article said that artificial intelligence, blockchain, cloud computing, big data, Internet of Things and other financial technologies provide good conditions for commercial banking service innovation and better understanding of customer needs. Standing on the cusp of technology, commercial banks can truly step Enter a new stage of "open bank" development.