Yang Dong, Renmin University of China: Blockchain supervision should shift to comprehensive governance

According to the Financial Times, Yang Dong, director of the Big Data Blockchain and Regulatory Technology Laboratory at Renmin University of China, said in an interview that the blockchain technology should not only develop its application value, but also use technical governance to effectively respond. The risks and challenges of this emerging technology. This shift from simple supervision to comprehensive governance is mainly reflected in: the goal is not only to “control” the risk of the blockchain, but also to “promote” the healthy development of the blockchain and ultimately serve the real economy; strategically, from The simple violation of regulations has turned to compliance guidance; on the specific path, the traditional single supervision tool has developed into a variety of governance measures for social co-governance, especially the introduction of technical tools to improve self-discipline supervision.