The Chinese Academy of Information and Communications Technology continued Heyuan: Blockchain is not a panacea, it can only solve some problems.

According to the Daily News, at the Chengdu 2020 World Innovation and Marketing Fair, Xu Heyuan, an expert from the Chinese Academy of Information and Communication Technology, said that blockchain cannot cover the whole world. He believes that blockchain should be integrated with other data and communication technologies because it is not a global technology, but only capable of solving certain problems. Meanwhile, blockchain development is still in its infancy and requires development and in-depth knowledge of which model to choose. On the other hand, self-created blockchains by other organizations and industries seem to be creating a new 'data island'. He also said that the blockchain industry not only needs more employees and professionals, but also more employees using the technology involved in the industry, hence partnerships between companies, colleges and universities need. . .