Nov 08, 2018 (China Knowledge) - At the Fifth World Internet Congress (WIC), Ant Financial Blockchain Application Platform was awarded "World Leading Internet Scientific and Technological Achievements Prize". Jing Xiandong, chairman and CEO of Ant Financial believes that the greatest value of blockchain is to reconstruct the trust mechanism with technology, which will have a profound impact on the future financial and business world. "The next few years will be critical for the development of the blockchain. In the next one or two years, the real value of the blockchain technology will begin to emerge."
Ant Financial got involved in the research and development of blockchain related technology relatively earlier than other companies. It currently has the largest number of blockchain patent applications in the world. In the consensus mechanism, intelligent contract, trusted computing, privacy protection, cross-chain interaction and other core technologies, it has made certain achievements.
"But none of these patents are related to ICO," said Jing Xiandong. Ant Financial blockchain has focused on two things. First, is to conquer core technologies and build a self-controlled, high-performance, high-reliability and high-security financial blockchain platform. Second, is to actively explore the application scenarios of blockchain and accelerate the understanding of the core value of the technology.
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