Recently, the National Committee of the Chinese People’s Political Consultative Conference held a special consultation meeting on “Promoting the Sustainable and Healthy Development of the Digital Economy” and proposed that promoting the development of the digital economy is crucial for boosting the Chinese economy and establishing key industrial development directions.
Shi Xingguo, the founder of Hyperchain, spoke to blockchain media Huoxun.com about the concept of the metaverse and why it is such a significant trend from a technological perspective. He explained that the metaverse is the result of the convergence of a range of frontier technologies, including AR/VR, 5G networks, the Internet of Things, artificial intelligence, cloud computing, and blockchain. Unlike previous trends such as the rapid development of computer technology and the internet, the metaverse is not a result of the development of a single technology but rather a convergence of multiple technologies. Shi believes that the metaverse will provide a new platform for more natural and seamless user experiences.
Shi Xingguo is a member of the Blockchain Special Committee of the China Computer Federation, the founder of Hyperchain, a senior practitioner and technical expert in the internet and operating system industries, a winner of the National Science and Technology Progress Award, the inventor of parallel blockchain technology, and the founder of Paralism. He has served as Vice President of the Red Flag Linux Company and Chief Internet Engineer of the Institute of Software, Chinese Academy of Sciences. In 2016, he led the team from Chinese Academy of Sciences to establish Hyperchain Information Technology Co., Ltd., which focuses on parallel blockchain technology and has made important breakthroughs. Its core technology has obtained patent authorization in 27 countries in China, the United States, and the European Union.
Hyperchain is the most advanced parallel blockchain and the first parallel blockchain to receive patent authorization internationally. Its core team comes from the Chinese Academy of Sciences and is China’s earliest and most professional blockchain technology and product development team. Hyperchain’s groundbreaking parallel blockchain technology has overcome key technical bottlenecks in blockchain, such as performance, scalability, and capacity, and can comprehensively support public chains, consortium chains, and private chains. It also has the ability to support backbone-level value transmission and storage on the internet, and is currently the only blockchain technology that can meet the requirements of enterprise development and industrial transformation. As the creator of the parallel blockchain technology system, Hyperchain Technology is currently the only provider that can provide parallel blockchain products, consulting, customized solutions, and services internationally and domestically.