V Dieu: There are three impacts on the migration of financial services to the public channel.

On October 27, the 6th Blockchain World Summit organized by Wanxiang Blockchain Lab was held in Shanghai. In the afternoon session of the conference titled "The Path to Innovation in Public Channels," Ethereum founder Vitalik Buterin (V God) said traditional financial services and processes should be transferred to public channels. There have been a few problems in the past. (1) Privacy, many apps can never allow posting time of users around the world, so zero-knowledge certification can solve this problem. (2) Scalability and extensibility. If you want the system to do it globally, compared to 50, 100, 1000 per second, you rarely do it on public channels. (3) Security. The main problem with security monitoring is that the system must stand the test of time and people must have confidence that the security standard is appropriate and relevant. But it can take a long time.