Xiao Feng: The biggest benefit of using blockchain is to change or create new relationships.

On July 4, Xiao Feng, Chairman and CEO of Wanxiang Blockchain, said in a speech titled "What is the application value of blockchain" that we should pay close attention to all changes in technology, industry and commerce. Revamp your business, industry or product. It was pointed out that as an important tool in the application of digital business technology, business blockchain modification or re-business model in two ways. Unleashing the full cost of blockchain as a key technology, the second is improvement or continuation, such as using blockchain for evidence and tracking, which is the development of The benefits of trading are still there, but not the exchange. The greatest benefits of blockchain applications lie not in credentials, traceability, or the financial chain, but in reshaping or transforming productive relationships. Therefore, the integration of other technologies such as intelligence, data collection and intelligence is important.