{"id":4332,"date":"2022-07-29T06:04:55","date_gmt":"2022-07-29T06:04:55","guid":{"rendered":"http:\/\/www.paralism.com\/blog\/?p=4332"},"modified":"2023-06-05T06:34:52","modified_gmt":"2023-06-05T06:34:52","slug":"founder-of-hyperchain-shi-xingguo-was-interviewed-by-21jingji-interpretate-the-new-nft-regulations-issued-by-shanghai-government-and-the-future-of-digital-collection","status":"publish","type":"post","link":"https:\/\/www.paralism.com\/blog\/founder-of-hyperchain-shi-xingguo-was-interviewed-by-21jingji-interpretate-the-new-nft-regulations-issued-by-shanghai-government-and-the-future-of-digital-collection\/","title":{"rendered":"Founder Of Hyperchain, Shi Xingguo Was Interviewed by 21Jingji, Interpretate the New NFT Regulations Issued by Shanghai Government And The Future Of Digital Collection"},"content":{"rendered":"\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>Summary: &#8220;Empowering real businesses is the future of the digital collections industry.&#8221; <\/p><\/blockquote>\n\n\n\n<p>Recently, Shi Xingguo, the founder of\nHyperchain, was interviewed by 21Jingji and shared his thoughts on the digital collections\nmarket, commented on the suspected dismiss of Huanhe, and provided an\ninterpretation of the new NFT regulations in the &#8220;14th Five-Year\nPlan&#8221; for the Development of Shanghai&#8217;s Digital Economy.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Regarding the suspect dismiss of Huanhe,\nShi Xingguo stated in the interview with 21Jingji, &#8220;The unsold digital collections\non some digital collections platforms indicate that the market has begun to\nmove towards rationality. Whether the departure of Huanhe and other platforms\nwill affect the rights of collectors remains to be seen.&#8221;<\/p>\n\n\n\n<p>Regarding the development of the digital collections\nmarket, Shi Xingguo believes, &#8220;The simple and crude mapping-type digital collections\ncannot support the long-term development of the industry. Practitioners should\nactively develop compound interest digital collections, and empowering the real\nbusinesses. This is the future of the digital collections industry.&#8221;<\/p>\n\n\n\n<p>On July 13th, the Shanghai Municipal\nPeople&#8217;s Government issued the &#8220;14th Five-Year Plan&#8221; for the\nDevelopment of Shanghai&#8217;s Digital Economy, which stated that Shanghai will\ncultivate new data economy, including digital content and digital trade, etc. during\nthe &#8220;14th Five-Year Plan&#8221; period. The plan also supports leading companies\nto explore the building of NFT (non-fungible token) trading platforms, research\nand promote the digitization of assets such as NFTs, the global circulation of\ndigital intellectual property, and digital rights protection.<\/p>\n\n\n\n<p>Regarding this, Shi Xingguo stated in the\narticle, &#8220;Shanghai&#8217;s proposal to support the exploration of NFT trading\nplatform building indicates that the development of the digital economy-related\nindustry is a long-term plan of the Shanghai government and will be launched at\nan appropriate time and pace. The full document is further elaborated within\nthe framework of the national 14th Five-Year Plan. Shanghai is leading the way\nfor the whole country, which means that it will provide certain support in\nrelevant policies and make more innovative attempts in promoting the digital\neconomy industry. With clear policy direction, if China&#8217;s digital industry can\ncompete with other countries in the international market, there will be\nopportunities to get us ahead in the worldwide surge of digitization.&#8221;<\/p>\n\n\n\n<p>For the full article:<\/p>\n\n\n\n<p><a href=\"https:\/\/www.163.com\/dy\/article\/HD7JVDE705199NPP.html\">https:\/\/www.163.com\/dy\/article\/HD7JVDE705199NPP.html<\/a><\/p>\n\n\n\n<p>Shi Xingguo is a member of\nthe&nbsp;Blockchain Special Committee&nbsp;of the&nbsp;China Computer Federation,\nthe founder of Hyperchain, a senior practitioner and technical expert in the\ninternet and operating system industries, a winner of the National Science and\nTechnology Progress Award, the inventor of&nbsp;parallel\nblockchain&nbsp;technology, and the founder of Paralism. He has served as Vice\nPresident of the Red Flag Linux Company and Chief&nbsp;Internet\nEngineer&nbsp;of the Institute of Software,&nbsp;Chinese Academy&nbsp;of\nSciences. In 2016, he led the team from Chinese Academy of Sciences to\nestablish Hyperchain Information Technology Co., Ltd., which focuses on\nparallel&nbsp;blockchain&nbsp;technology and has made important breakthroughs.\nIts core technology has obtained&nbsp;patent authorization&nbsp;in 27 countries\nin China, the&nbsp;United States, and the European Union.<\/p>\n\n\n\n<p>Hyperchain is the most advanced parallel\nblockchain and the first parallel blockchain to receive patent authorization\ninternationally. Its core team comes from the&nbsp;Chinese Academy of\nSciences&nbsp;and is China&#8217;s earliest and most professional blockchain technology\nand product development team. Hyperchain&#8217;s groundbreaking parallel blockchain\ntechnology has overcome key technical bottlenecks in blockchain, such as\nperformance, scalability, and capacity, and can comprehensively support public\nchains, consortium chains, and private chains. It also has the ability to\nsupport backbone-level value transmission and storage on the internet, and is\ncurrently the only&nbsp;blockchain technology&nbsp;that can meet the\nrequirements of&nbsp;enterprise development&nbsp;and industrial transformation.\nAs the creator of the parallel blockchain technology system,&nbsp;Hyperchain\nTechnology&nbsp;is currently the only provider that can provide parallel\nblockchain products, consulting, customized solutions, and services\ninternationally and domestically.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Summary: &#8220;Empowering real businesses is the futur &hellip; <a href=\"https:\/\/www.paralism.com\/blog\/founder-of-hyperchain-shi-xingguo-was-interviewed-by-21jingji-interpretate-the-new-nft-regulations-issued-by-shanghai-government-and-the-future-of-digital-collection\/\" class=\"more-link\">\u7ee7\u7eed\u9605\u8bfb<span class=\"screen-reader-text\">Founder Of Hyperchain, Shi Xingguo Was Interviewed by 21Jingji, Interpretate the New NFT Regulations Issued by Shanghai Government And The Future Of Digital Collection<\/span><\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[208,257],"tags":[],"class_list":["post-4332","post","type-post","status-publish","format-standard","hentry","category-meetings","category-news-and-events"],"_links":{"self":[{"href":"https:\/\/www.paralism.com\/blog\/wp-json\/wp\/v2\/posts\/4332","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.paralism.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.paralism.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.paralism.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.paralism.com\/blog\/wp-json\/wp\/v2\/comments?post=4332"}],"version-history":[{"count":1,"href":"https:\/\/www.paralism.com\/blog\/wp-json\/wp\/v2\/posts\/4332\/revisions"}],"predecessor-version":[{"id":4352,"href":"https:\/\/www.paralism.com\/blog\/wp-json\/wp\/v2\/posts\/4332\/revisions\/4352"}],"wp:attachment":[{"href":"https:\/\/www.paralism.com\/blog\/wp-json\/wp\/v2\/media?parent=4332"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paralism.com\/blog\/wp-json\/wp\/v2\/categories?post=4332"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paralism.com\/blog\/wp-json\/wp\/v2\/tags?post=4332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}