Friday, September 21, 2018
A noted supporter of blockchain technology, Glazyev also advocates the use of blockchain to support government affairs and to combat corruption and various types of financial fraud. "In some countries, blockchain technology has been used beyond digital assets and even in administrative processes, such as smuggling prevention, since this is the best technology for transaction transparency and risk prevention," he said. "Digital assets also enhances the development of blockchain technology. They are inseparably interconnected. I hope some advanced countries will use blockchain and digital technology in their national market organizations, because they can help make the money market more sustainable, transparent and less risky."