Professor at Zhengzhou Training University, People's Bank of China: Using the Benefits of Blockchain to Manage Private Lending

2020-8-29 09:15
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According to Shanghai Securities News, Wang Yong, an expert at the People's Bank of China Training University in Zhengzhou and director of the Bank Research and Diagnostic Center, reported in an article that financial managers have yet to take action on the bank. 'next step. There is a need to strengthen the supervision of private lending, and law enforcement agencies to strictly regulate the lending process and establish a high level of regulation on private lending, conflict control and resolution. Establish a new social credit system and model personal loans by leveraging the benefits of blockchain technology's openness, transparency, full traceability, and tamper resistance.

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