The application of block chain technology in financial field and its influence on fintech are increasing day by day. Blockchain is characterized by decentralization, de-intermediation, dependable, high anonymity and non-tampering.
With the strategic catalyst of “Digital China”, the government cloud has gradually become a potential market for many cloud service providers. It is also the general trend. In the era of digital government affairs, blockchain technology has a wide range of applications in the field of government affairs, such as digital identity.
Blockchain is driving the transformation of technology, framework, efficiency and mode of the whole real economy with new thinking mode and technical framework. In this situation, how to implement blockchain technology and how to highly enable it to the real economy are thought-provoking.
At present, a new round of scientific and technological revolution and industrial reform is sweeping across the world. New technologies, such as cloud computing, big data, artificial intelligence and blockchain, are constantly emerging. The digital economy is profoundly changing the production and lifestyles of human, and has become a new driving force for economic growth. As a disruptive technology, blockchain is leading a new round of technological and industrial reform.
The seminar on Application Standards for Financial Industry Systems in Blockchain in Supply Chain of trusted blockchain was held on July 26, 2019 in CAICT. The seminar was presided over by He Tao, the CAICT researcher on the blockchain.
On August 15, 2019, an international standards seminar jointly organized by Chinese unifying work group of ITU-T SG16 and TBI was held at China Academy of Information and Communications Technology(CAICT).
"The Internet is a network of free circulation of information, while the blockchain is a network of free circulation of value". This is a good vision for the blockchain. At present, the blockchain is not yet able to communicate efficiently and is not yet a network of free circulation.
China Academy of Information and Communications Technology
China Communications Standards Association
Trusted Blockchain Initiatives