Recently, Associate Professor Sun LuoYi of the Department of Management Science and Logistics and his partner, Professor Hua Guowei of Beijing Jiaotong University, and Prof. Ruud H Teunter of Groningen University. Professor T.C.E. Cheng of Hong Kong Polytechnic University, Prof. Zuo-Jun Max Shen from the University of Hong Kong published a research paper "The Effects of Tokenization on Ride-hailing Blockchain Platforms" in Production and Operations Management, a top management journal.

In 2022, block chain was listed by the MIT technology review forecast "global top ten breakthrough technology". Its application potential full burst and widely penetrated into other economic areas.

Associate Prof. Sun LuoYi and his partners, based on the implementation of non-token-based blockchain practice and sharing platform market, put forward the theoretical framework contrast token-based block chain and non-token-based blockchain platform operation mechanism, focus on how to design the mining incentive mechanism to improve community user participation and trading activity, and from the platform users, platform operation, government policy management suggestions are put forward. The research will help to understand the risks of cryptocurrencies and the potential direction of the corresponding regulatory policies, and will contribute to the sustainable development of China's digital economy and digital platforms.

Luoyi Sun, Guowei Hua, Ruud H.Teunter, T.C.Edwin Cheng, Zuo-Jun Max Shen.The effects of tokenization on ride-hailing blockchain platforms.Production and Operations Management, 2023.

Link: https: / / doi.org/10.1111/poms.14007