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People's Daily: Blockchain Application Still In The Early Stage

16:12 Tuesday , July 14th 2020
People's Daily (Overseas Edition), the organ of the Central Committee of the Communist Party of China, stated July 14 in an article that at present, the blockchain application is still in the early stage and trial operation phase with a minority of application scenarios.
According to experts, in order to realize the sustainable development of the blockchain technology, the first step is to solve the technical problems, which requires the cooperation of all parties. Timely legislation should also be adopted to solve the possible legal problems in the development process, with a massive crackdown on illegal and criminal behaviors using blockchain.
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