ICBC International Cheng Shi: The new generation of digital currency may be linked to valuable assets

Cheng Shi, head of ICBC International Research Department, said that based on the increasingly mature blockchain technology, digital currency has the advantages of decentralization, natural issuance restrictions, and no connection with regulatory authority, which can avoid excessive currency issuance and achieve currency freedom. The new generation of digital currency may be linked to valuable assets, realizing the tokenization of physical assets such as oil, precious metals, and real estate, thereby finding an intrinsic value anchor. (Caixin)