Xiao Feng: Public chains will reshape global financial infrastructure.

Gate.io News bot message, during a speech in Hong Kong, Xiao Feng elaborated on the characteristics of public chains as a new generation of financial infrastructure. He pointed out that once physical assets (RWA) are registered on the global public ledger, their registration, custody, trading, and exchange are no longer limited by administrative boundaries. Furthermore, he emphasized that in this new type of financial market infrastructure, each transaction adopts a delivery versus payment model, achieving simultaneous completion of payment, Settlement, and clearing.

Source: wublock123