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China’s famous cryptocurrency investor Zhao Dong: data from trading, liquidation and settlement can only be stored on blockchain

On August 6th, Zhao Dong, Founder of DFUND focusing on investments in digital currency, said that the application of blockchain technology doesn’t mean that all data should be stored on this technology.

Therefore, data from trading, liquidation and settlement can only be stored on the blockchain.

He also expressed that it is inconvenient to make golden payments globally and bitcoin should be stored. Certainly, this is a long process.

This news was provided by sanyanblockchain.com, our partnering media source in China.