According to news reports, Jing Xiandong participated in the "China Development High-Level Forum" financial innovation and blockchain revolution meeting on Friday and said that the core of the blockchain lies in the use of technology to create multi-party trust mechanisms. It is a new type of trust mechanism. , Resolve data, objects, people, trustworthy issues of assets; blockchain trust mechanism can provide a good foundation for promoting cross-organizational and cross-individual efficient collaboration.
Jingxian Yin pointed out that the current blockchain has not yet found a large-scale commercial application scenario. The recent emergence of the first issue of tokens (ICO), 'air coins', block chain pets and other upsurges reflects the fact that the blockchain is still stuck in the concept of speculation. At the same time, large-scale commerce in blockchain technology still faces challenges in terms of security, information protection, transaction performance and incentive mechanisms.
However, Jing Xiandong believes that the era of real value creation using blockchain technology is approaching. Ant Financial is committed to using blockchain to solve practical problems of social value, so that business and finance become more transparent and trustworthy. Efficient; In addition, it is also committed to overcome the technical barriers to the large-scale commercial use of blockchain, including large-scale transaction processing capabilities, comprehensive information protection capabilities and cross-chain interconnection capabilities, proposed cross-chain blockchain protocol.