Zhu Min, former deputy governor of the People's Bank of China: Data is becoming an asset, and building a data market requires blockchain infrastructure and other elements

Source: odaily2 hour ago

According to Odaily Planet Daily, Zhu Min, former deputy governor of the People's Bank of China, pointed out that the digital economy is driven by three fundamental factors: computing power, algorithms, and data. Data is the source and starting point. Enabling data to flow is about turning it into assets and capital, making it valuable and ultimately wealth. Data is becoming an asset, and building a data market requires elements such as transactions, platforms, evaluation, blockchain infrastructure, and oversight. (The Paper)

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