
Research report
2017-4 24 edition
TSINGHUA UNIVERSITY NATIONAL INSTITUTE OF FINANCIAL RESEARCH
An Introduction of Blockchain:The Technical Principles,
Applications and Regulation
XIN Real Estate Fintech Research Center
Xun Shuo, Ke Yan
Abstract:
With the rise of digital currency, the underlying technology--blockchain has
long attracted the interest of general public, investment community as well
as regulation authorities. We first introduce the characteristics and
development potentials of this brand new technology. We discuss many real
applications based on block chain technology, especially in China. Finally, we
discuss several countries’ regulation and guidance on the development of
block chain technology. In conclusion, the block chain technology could
be the building blocks for next generation technology innovations, and it
has great potentials in different areas and industries. However, we need to be
aware that the infrastructure based on block chain could take a long time to
realize, due to technical difficulty, fund shortage and compliance risk.
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