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Former dean of Peking University School of Economics: the essence of blockchain and market economy is decentralization

Time : 24/07/2022 Author : nk1biq Click : + -
        Bianews reported on August 22 at the 2018 Symposium on "cryptocurrency, token and coin free blockchain". Yanzhijie, former dean of the school of economics of Peking University, said that the essence of blockchain and market economy are completely consistent. The essence of bitcoin and blockchain lies in decentralization, and the essence of market economy also lies in centralization. He said that this essential consistency enables blockchain and digital currency to be produced and developed under the conditions of market economy, and a healthy and normal market economy will create more conditions for the healthy development of digital currency and blockchain technology. Of course, there is another side of the matter, there are drawbacks, which requires appropriate scientific norms and management.
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