Blockchain technology helps 139 funds invest heavily in Internet financial stocks

Relevant data shows that most public funds were optimistic about the opportunities in the Internet finance sector in the first quarter of this year and made early arrangements. As the concept of " blockchain + finance " continues to ferment, this type of fund is expected to gain more opportunities in the third quarter.  

It is understood that blockchain technology can be understood as a way of accounting for the participation of all people, which can realize the recording of all transaction information on the entire network and make it impossible to tamper with the records. The main advantages of blockchain are that it does not require the participation of intermediaries, the process is efficient and transparent, the cost is very low, and the data is highly secure. The rise of Bitcoin also comes from the maturity of the core technology of blockchain. At present, researchers from China Asset Management, Bank of Communications Schroder Fund, Yinhua Fund, Huitianfu Fund, and Bank of China Fund have conducted in-depth research on the application scenarios of Bitcoin blockchain technology and discussed business models. From the perspective of the layout of heavy holdings in the first quarter report of funds, 15 Internet financial concept stocks listed on the A- share market, such as Hengsheng Electronics, New Capital, and Tonghuashun, have received a total of 139 open-ended active stock hybrid funds.