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China central bank official says commercial banks should step up blockchain application

As reported by Reuters, “Commercial banks should step up their application of blockchain technology to embrace digital finance, a Chinese central bank official said on Monday. “Li Wei, head of the People’s Bank of China’s technology department, made the comments at a forum in Shanghai. Last week, Chinese President Xi Jinping said the country’s development […]

By Chris Sykora · October 28, 2019
China central bank official says commercial banks should step up blockchain application

As reported by Reuters, “Commercial banks should step up their application of blockchain technology to embrace digital finance, a Chinese central bank official said on Monday.

“Li Wei, head of the People’s Bank of China’s technology department, made the comments at a forum in Shanghai. Last week, Chinese President Xi Jinping said the country’s development of blockchain technology should be sped up.”

Continue to see the full story at Reuters.

 

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