Our country currently does not have a globally influential public chain, and it is recommended that state-owned enterprises take the lead in building a national-level public chain.

According to news from Hash World, there are reports that our country currently lacks a globally influential public blockchain. An insider suggested that a state-owned enterprise should lead the construction of a national-level public blockchain, while the construction of industry-level public blockchains could be open to market competition. Public blockchains are the infrastructure for stablecoin issuance and are of great significance for building a self-controllable, secure, and efficient financial infrastructure system. Additionally, a policy expert indicated that stablecoins must be issued on public blockchains. Currently, whether in Hong Kong or the mainland, our country does not have a public blockchain with global influence. If we use American public blockchains, we may face political risks such as Sino-American confrontation in the future, with the possibility of being "choked off." The next step is to strengthen investment in public blockchains, ensuring they are self-controllable, and to build them in layers, such as having state-owned enterprises lead the construction of national-level backbone public blockchains, while allowing market competition for industry-level public blockchains, and completely market-driven construction for scenario-level public blockchains.

#Cryptocurrency # Blockchain #PublicChain # Stablecoin #PolicyRisk