October 28, 2019 / 3:00 AM / 10 months ago

China central bank official says commercial banks should step up blockchain application

FILE PHOTO: People walk past the China Bank headquarters building in central Beijing October 15, 2008. REUTERS/David Gray (CHINA)

SHANGHAI (Reuters) - Commercial banks should step up their application of blockchain technology to embrace digital finance, a Chinese central bank official said on Monday.

Li Wei, head of the People’s Bank of China’s technology department, made the comments at a forum in Shanghai. Last week, Chinese President Xi Jinping said the country’s development of blockchain technology should be sped up.

Reporting by Samuel Shen and Brenda Goh in Shanghai; Editing by Sonya Hepinstall

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below