He was a former doctoral fellow at the Stanford Institute for Innovation in Developing Economies, a George Shultz Scholar at the Stanford Institute for Economic Policy Research, and is currently a Kauffman Junior Faculty Fellow. Cong advises FinTech and investment firms and organizations such as the Wall Street Blockchain Alliance (non-profit), and is a member of multiple professional organizations such as the American Economic Association, European Finance Association, and the Econometric Society.