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What is the impact and significance of blockchain technology on society?

On the morning of November 8, 2019, the 2019 Trusted Blockchain Summit opened in Beijing. Wang Xinzhe, chief economist of the Ministry of Industry and Information Technology (MIIT), and Shang Bing, chairman of the Internet Society of China (ISOC), attended the opening ceremony of the summit and delivered speeches.

Wang Xinzhe pointed out that a new round of scientific and technological revolution and industrial change, which is characterized by accelerated innovation and integration and penetration of information technology, is flourishing, and blockchain technology is of great significance for promoting high-quality development of the economy and upgrading the modernization of the national governance system and governance capacity.

Extended information:

Wang Xintetsu emphasized that the Ministry of Industry and Information Technology attaches great importance to the development of the blockchain technology industry by creating a favorable environment for development, guiding localities to accelerate the pace of exploration and supporting the breakthrough of key core technologies. It has supported the development of blockchain technology industry by creating a favorable development environment, guiding localities to accelerate the pace of exploration, supporting the breakthrough of key core technologies, promoting the landing of industrial applications, and constructing a perfect standard system, etc., which has strengthened the foundation of China's blockchain field development.

The Ministry of Industry and Information Technology (MIIT) will accelerate the innovative development of the blockchain technology industry, vigorously promote the deep integration of blockchain and the economy and society, and give full play to the strategic role of blockchain technology in driving technological breakthroughs, economic development, improving people's livelihoods, and social progress, so as to contribute to the realization of the "Two Hundred Years" goal and the great rejuvenation of the Chinese nation. It will make positive contributions to the realization of the "Two Hundred Years" goal and the Chinese dream of the great rejuvenation of the Chinese nation.

Reference:

People's Daily Online - Wang Xinzhe: Blockchain technology is of great significance in promoting the high-quality development of the economy