Zhangjiagang Rural Commercial Bank's 'Direct Cross-Border Financial Blockchain System' Has Been Announced

According to Xinhua on July 30, Cai Liang, deputy director of Blockchain Research Center at Zhejiang University, said government blockchains could face more impact from cyber attacks as a key source for profitable digital shipments. Regarding network security, Cai Liang said that not all government data is necessary for connection, it must be connected after strict distribution and creation of sensitive data, and the classification is determined by the value and data sensitivity. Only the most valuable information that can be provided by multiple parties can be found on a channel.