Yang Dong: To play the value of data, we need to combine technologies such as blockchain.

Yang Dong, director of the Center for Financial Technology and Internet Security at the National Development Institute of Renmin University of China, said at the 2019 China Fortune Forum that the value of data needs to be combined with artificial intelligence, blockchain and other technologies. The government understands enterprises through regulatory sandboxes. The process of innovating products has an accurate access to the data of the enterprise in order to achieve better supervision. All around the data, with the data as the core to build a regulatory system, and achieve open data sharing, this is the most fundamental and most important task of the next step of financial technology ecological development, regulatory development.