Lily Liu, President of the Solana Foundation, expressed great optimism about PayFi, but the track has not yet been truly launched
Live report, on February 19, at the conference of Consensus HK, Lily Liu, chairperson of Solana Foundation, said: PayFi's original vision was a peer-to-peer electronic cash payment system, but now it has been synonymous with transactions, that is, exchanging one token for another. The original vision of PayFi is to pay in economic behavior, that is, exchanging tokens for services. The current failure to truly realize this vision may be due to the lack of reform and infrastructure improvement.
It believes that the application scenario of PayFi is huge, a white whale of the crypto industry, which is both a huge challenge and an opportunity.