Academician Chen Chun: When issuing stablecoins in Hong Kong, the scale should be limited to a certain range, such as 200 million or 2 billion yuan

According to ChainCatcher news, Academician Chen Chun, who had previously conducted collective learning on blockchain topics for the Politburo, attended the Hong Kong Democratic Alliance for the Betterment of China’s “Digital Economy Exchange Meeting” yesterday afternoon and said that Hong Kong needs a new management model to deal with transactions through digital currencies. these questions.

Even if blockchain technology is used in the online information space, it still needs to ensure that its value is reflected in the real society. In the information space, in order to promote production development, there is no need to be constrained by the real-name system, but when it comes to moral and ethical issues, technical means are needed to control risks. The design of the management system requires a braking mechanism. Risks may be amplified or reduced through the network information space. It is very important to establish a "sandbox" management system. For example, when issuing stablecoins, their size should be limited to a certain range, such as 200 million or 2 billion yuan, and the management boundaries should be ensured clear.