China Internet Finance Association establishes blockchain research working group

Reporter: Zhou Yan

In order to better leverage the industry association's advantages in being close to the market and scientific research organizations, and to conduct in-depth research on the application and impact of blockchain technology in the financial field, the Internet Finance Association of China held a meeting on June 15 to establish a blockchain research working group.

The research group is a special research organization under the leadership of the China Internet Finance Association. It focuses on the technical difficulties, business scenarios, risk management, industry standards and other aspects of blockchain applications in the financial field. It follows up on the development of blockchain technology at home and abroad and its application innovation in the financial field, and pays close attention to the financial risks and regulatory issues brought about by innovation. The main work objectives of the research group include: building a blockchain research network, planning and building a blockchain basic experimental platform, forming high-level research results, and cultivating high-level, compound professional talents. The research group will actively learn from international experience, carry out academic exchanges, and focus on the transformation and application of research results.

Li Lihui

The research team elected Li Lihui, member of the Financial and Economic Committee of the National People's Congress and former president of the Bank of China, as the team leader. The first batch of members includes corporate members and individual members. Members come from traditional financial institutions such as banks, securities, and insurance, as well as emerging Internet financial companies, financial infrastructure institutions, and scientific research institutes. They have a relatively wide coverage of industries and industry representativeness, including well-known experts and scholars from the industry and scientific research institutes, experts from the "Thousand Talents Plan" of the Organization Department of the CPC Central Committee, and experts with special allowances from the State Council.