TechFlow news, on August 17, the 2020 Blockchain Ecosystem Cooperation Conference hosted by Alchemy Pay was held in Shanghai. Richard Wang, partner at DraperDragon, delivered a keynote speech titled "Restructuring Business Models—Blockchain." Richard Wang stated that decentralized applications have multiple advantages over centralized ones, including data portability and easier installation and deployment. He added that blockchain will reshape business models in areas such as distributed storage, DeFi/financial services, the sharing economy, and supply chains.
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