The Digital Currency and Blockchain Technology Research Group went to Huobi.com for research

On September 29, members of the "Digital Currency and Blockchain Technology Research Group" consisting of Liu Jun, Director of the Beijing Financial Bureau, Huang Zhen, Director of the Financial Law Institute of the Central University of Finance and Economics and Founding President of the Internet Finance Thousand People Association, Yang Bing, Partner of Zhongyin Law Firm and Legal Advisor of数字货币与区块链技术课题组Co., Ltd., visited Huobi.com.

It is reported that Huang Zhen, the leader of the research team and director of the Institute of Financial Law of the Central University of Finance and Economics, once suggested in 2013 to prevent the overheating of the Bitcoin industry, and contributed to the release of 《关于防范比特币行业风险通知》 by the five central bank departments. He revealed that the reason why 《关于促进互联网金融健康发展的指导意见》 recently issued by the People's Bank of China and ten other departments did not mention Bitcoin was to provide a longer observation period for the Bitcoin industry.

Huang Zhen said the purpose of the research team's trip was:

The first is to understand the current development trend of Bitcoin and blockchain technology through field research; the second is to explore the positive significance of Bitcoin for the RMB going global strategy; the third is to study the security risks in the Bitcoin industry; and the fourth is to change the past extensive management method of financial innovation and study systematic standardization from the early stage of the development of the Bitcoin industry.

Accompanied by the management of Huobi.com, the research team visited and inspected the marketing, operation, risk control and other departments of Huobi.com and held a discussion to discuss the development of the Bitcoin industry. At the discussion, Huobi Mining Director Mo Yiyi introduced the current status of the industry development to the research team members in detail around Huobi.com's two-year Bitcoin report. Huobi.com founder and CEO Li Lin further introduced the overall process of Huobi.com's development into the largest Bitcoin exchange in China within two years.

When talking about the impact of Bitcoin on finance, Li Lin said: Bitcoin itself is more in line with the positioning of "electronic gold", and the Bitcoin blockchain network is a new, end-to-end value network transmission method, which can be attached with smart contracts, intellectual property rights and other value forms. It can be said that the blockchain network is to finance what the Internet is to information. The application of related technologies may improve the efficiency of payment and settlement faster in the future. Some members of the research team believe that区块链技术及账链技术are one of the innovative means to improve the existing payment system, and the application of related technologies is more conducive to creating a transparent and efficient account management system. Liu Jun, director of the Beijing Financial Bureau, agrees with this.

Huobi.com is one of the companies in the industry that is most active in seeking dialogue with senior management. Director Huang Zhen, who once facilitated the central bank's five-department document, conducted another survey on the Bitcoin industry. I wonder what kind of policy news he will bring to the depressed cryptocurrency circle in the future?