This is a guest opinion post from Henry Ma, Executive Vice President and Chief Information Officer of WeBank.
All bonds are built on trust. In the unpredictable post COVID-19 era, businesses face unprecedented challenges, and the need to build and transmit trust between institutions under these conditions remains of paramount importance. By its very nature, blockchain helps to improve multi-stakeholder trust and can be leveraged to achieve greater collaboration in this regard.
Over the past decade, a growing number of blockchain applications across industries and business scenarios have consolidated a “New Infrastructure” of the digital economy, paving the way to unleash untapped sources of data, empower industry integration and accelerate asset digitization.
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