People ‘s Bank of China said it would actively promote the application of block chain technology research


nnnnRecently, the People’s Bank of China issued the “China’s financial industry information technology,” thirteen five “development plan” (hereinafter referred to as “planning”), clearly put forward the “three five” financial industry information technology guiding ideology, basic Principles, development goals, priorities and safeguards. Among them, in particular, will actively promote the block chain, artificial intelligence and other new technology applications.n
nnRecently, the People’s Bank of China issued the “China Financial Industry Information Technology” thirteen five “development plan” (hereinafter referred to as “planning”), clearly put forward the “thirteen” financial industry information technology work guiding ideology, basic principles, Objectives, priorities and safeguards. Among them, actively promote the block chain, artificial intelligence and other new technology application research has been listed as a key task.n
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nThe People’s Bank of China has always taken a supportive attitude towards digital money and block-chain technology. As early as the beginning of 2014, the central bank formed an expert research team to discuss the required regulatory framework or national digital currency. In 2015, the central bank issued a series of research reports on the issuance of digital money and completed two rounds of revision of the statutory digital currency prototype. January 20, 2016, at the central bank held a digital currency seminar, the first public offering of digital currency targets. This year, it has successfully tested the digital ticket trading platform based on the block chain, and has formally established the Digital Currency Research Institute.n
nAccording to the China Financial and Development Laboratory published on the 19th, “China Financial Supervision Report (2017)” shows that China’s financial technology has now gradually entered the 2.0 stage, and presents transboundary, to intermediation, to the center and self-servo function Characteristics, and to bring about the clarification of the financial and technological significance of the regulation; financial technology variability, diversity and professionalism to increase the difficulty of supervision; financial technology across time and space, cross-domain risk of the inherent relevance of the three challenges.n
n”The central bank highly discourages the development of financial technology,” said Zhou Xiaochuan, who talked about digital money and block chains. “The central bank believes that the development of technology may make a big change to the future payment business, and the central bank highly encourages the development of financial technology. The impact of the problem in the development process of the problems that need to be standardized.n
nThe “13th Five-Year Plan”, the development of financial technology industry from the perspective of the regulatory guidance, help to further promote the construction of financial technology and innovation.n
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