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Lin Xinchuan, Chief Strategy Officer and Managing Director of DBS Bank, stated that the parent bank of DBS Bank has been actively exploring the application of blockchain technology, and the successful experience has important reference significance for DBS Bank to promote the integration of blockchain and finance in China, especially in Shanghai. Shanghai, as an important trading port city, has great potential in blockchain application, and projects that can succeed in Singapore will definitely achieve greater success in Shanghai. Lin Xinchuan emphasized that the biggest challenge in the application process of blockchain is not the technology itself, but the establishment of an ecosystem. Without enough participants, the network effects contained in blockchain technology cannot be fully utilized. @gyibffghht
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