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CCTV Economic Channel: Blockchain Will Embrace Its Strongest Windfall, We Should Pay Attention to Risk

Abstract : The Political Bureau of the CPC Central Committee conducted the 18th collective study on the status quo and trend of blockchain technology development on the afternoon of October 24, which triggered widespread global attention to the technology.

ChainDD
ChainDD

Oct 29

According to CCTV Economic Information News, the Political Bureau of the CPC Central Committee conducted the 18th collective study on the status quo and trend of blockchain technology development on the afternoon of October 24, which triggered widespread global attention to the technology.

After the US stock market opened last night, the stocks related to the blockchain rose linearly. Among them, Thunder rose by 107.8% to US$4.82 per share, creating the biggest one-day gain since listing. Experts said that the advancement of the underlying technology needs support, but at the same time, the speculative risks about the blockchain technology also require consumers to identify, and the competent authorities should strengthen supervision.

Liu Xiaolei, the director of the finance department of Guanghua School of Management at Peking University, believes that it is better to land data sharing between organizations. Any business that is involved in individual consumer may have a higher risk. For example, if we let the people directly upload some data and then take something like a Token or other name, which is called a blockchain project, then we should take this “project” very cautiously.

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