【DBS Bank: The biggest challenge in blockchain application is not technology but the establishment of an ecosystem】Golden Finance reports that Lin Xinchuan, Chief Strategy Officer and Managing Director of DBS Bank, stated that the parent bank of DBS has been actively exploring the application of blockchain technology. The successful experience is of great reference significance for DBS Bank to promote the integration of blockchain and the financial industry in China, especially in Shanghai. As an important trade port city, Shanghai has great potential in blockchain applications, and projects that succeed in Singapore are sure to achieve even greater success in Shanghai. Lin Xinchuan emphasized that the biggest challenge in the application of blockchain is not the technology itself, but the establishment of an ecosystem; without enough participants, the network effects inherent in blockchain technology cannot be realized.