Baoquan as the first Blockchain member of Internet Society of China

Recently, the Bloackchain financial technology company Shuqin has been formally approved to join the Internet Society of China, and has become the first Blockchain member unit in the association. This is not only for the recognition of effort for the development of Internet technology, but also for the recognition of the importance of Blockchain. It will promote the construction of Baoquan platform, and further enrich the ecological layout of Shuqin, enhance the core competitiveness of Baoquan.

Internet Society of China was founded in May 25,2001, initiated by the network operators, service providers, equipment manufacturers, system integrators in the Internet industry, scientific institutions, educational institutions and other more than 70 Internet practitioners,  is the non-profit and national society organization by China Internet industry and Internet related enterprises. Shuqin as a member of Internet society of China, which can promote the overall development of  the Internet Ecosystem in the Blcokchain field, establishing the trusted Internet environment. At the same time, with the information transmission on the Internet society platform, Shuqin can access to the authority policy guidance and the advanced dynamic news, promoting the development and innovation of Shuqin in the more widely field of Internet.

As for a Zhejiang local blockchain enterprise, Baoquan is devoting to solve the practical problem by blockchain technology with the core business on the financial service. Baoquan.com as the first product in electronic data attestation, applied the distributed and decentralized characteristics of blockchian technology to provide the one-stop service for enterprises and personal. Additional  on the business and architecture in Baoquan, based on the Baoquan Chain, Baoquan.com and Baoquan Cloud, and the underlying infrastructure on blockchain technology, then building the value Internet operation ecology through the “ 1 chain, 1 web, 1cloud, 4 platforms” .In the past 2 years, Baoquan has cooperated with Ali Dingding, Accenture, Hundsun Technologies Inc., Meiya Pico and Gosun, providing the solution services for all kinds of industries by the blockchain technology.

Reportedly, Baoquan devoting itself in variety businesses, promoting the development of mutual insurance, e-government, intellectual property, intellectual property and so on. By joining the society, Baoquan will continue to abide by the relevant convention and initiative, strictly abide by the association rules, insist on the core goal of the operation for the Blockchain industry ecosystem, cooperate with society members to promote the development of Internet financial. In future, Baoquan will accelerate the innovation of blockchain technology, promote the upgrading of products, perfect the construction of platform, working for the efficient and safe financial service platform, improving the users’ experience.

Company Website：https://www.baoquan.com/en/

Contact E-mail: js@baoquan.com

Issued by TRIMPS as the grading certificate for website security

Recently, Baoquan has successfully passed website security grading by the third research institute of ministry of public security, owned the certificate for level I website security.

With the development of Internet technology, the importance of information system security  has been raised to a new level, especially in the Internet digital information era, enterprises pay more attention to the network security.

Last month, Baoquan has owned the certificate III called “Ranked Protection of Information Security System ” by national public security department , which means that Bapquan is the first electronic data attestation service platform through blockchain. Furthermore, promoting the data security building on the platform, and  it is also a powerful proof of its strength and qualifications.

According to the understanding of 《Measures for the ranked protection management of information security》, the protection levels of information system is divided into five levels, the higher level means the stronger security protection. The Internet financial institutions like the third party payment enterprise and the network lending platform are mostly adopted by the ISP Level II. And the highest level for the non-bank units is the ISP Level III that means Baoquan has the equal security level.

The certificate for level I website security issued by TRIMPS which means the certain to the website security of Baoquan. There are 4 authenticated projects , including  security evaluation, periodic vulnerability scans, regular daily Trojan detection and daily monitoring warning,  that means the way to protect attestation data on Baoquan by blockchain technology.

Under the witness of the majority users, Baoquan owned the certificate level III for security protection to the certificate level I for website security only took a month. Baoquan devoted itself into the website security protection, and it will still insist on the principle of security development with firmly steps, committing the robust development of Blockchain to a more health and compliance way.

Company Website: https://www.baoquan.com/en/

Contact E-mial: js@baoquan.com

Wang Maolu from Baoquan Joined the special meeting held by Postal Saving Bank of China

The special meeting called “New Financial with Big Data” was held by postal saving bank of China in Shijiazhuang on December 22, 2016.The vice-president Qu Jiawen of PSBC bring along 36 branch managers and business backbones participated in the meeting, the Co-founder Wang Maolu of Baoquan also be invited to share the recent progress in the combination of big data with Blockchain.

Wang Maolu introduced that the data management issues in company are showing more and more. According to the research by Teradata, most companies stored only about 15% data which is related to business, and other 85% data reside in the other company and website. So Wang concluded that with the increasing hot degree for data commercialization, the trend of openness data management from government and the increasing social perception of data, the scale of big data exchange market in China increased tremendously.  

At present, there still exists many problems in China big data exchange market, and the consensus mechanism and unified approach have not been formed between the various departments and enterprises. From the three trading parts of supervision, regulation and market, the existed problems during the development of big data including the lawlessness of data transaction and application supervision, the ambiguous definition of data ownership, the evaluation difficulty for digital assets value and the faulty trading technical chain and trading mode. In view of the above problems, the national big data center provided the solutions and issued a series of standard system to ensure the supervision for the data trading links. 

For banks, the customer information is necessary that can help banks to facilitate credit evaluation. All these intangible assets divided into personal data and business data, and applied in the four aspects: customer portrait, risk control, operation optimization and precision marketing. Nowadays, the concept about “Fintech” has been welcomed both at home and abroad. It is integrally related to the Internet Financial. “Internet Financial” is the specific product in the technical process of  the financial business. However, “Financial Technology” mainly utilize the innovative technologies like big data and Blockchain to realize the risk management and platform management. 

Recently, the risk control and financial innovation have become popular in banks’ application about big data. Through the analysis of the integration of various data, it can provide the evidence in some situations like  the financial lending service , anti-fraud service and anti-money laundering service. Thus to build their own risk management and big data platform, supporting for the bank business with the integrity data.

Finally,  Wang Maolu shared some application cases of big data and made the imagination of the development of big data. For the security problem of digital asset, Blockchain can ensure the reality and traceability  in the data transaction flow. And Baoquan devoted itself into such field to transforming data into the digital assets.

Company Website: https://www.baoquan.com/en/

Contact E-mail: js@baoquan.com

Yu Xuemai from Baoquan joined the conference about the credible crisis era of Blockchain

The conference called “The credible crisis of Blockchain”was held by DAS Capital, Microsoft Accelerator Co.,Ltd. and OKLink institute in Beijing on December 21,2016.The CEO Luo Bin of Microsoft Accelerator, the Co-founder Liu Chengqi of OKLink, the VP Xu Xueting of DAS Capital, the vice-president Duan Xinxing of OKCoin, the distributed technical VP Yang Wentao of Onchain participated in the conference, and the Co-founder Yu Xuemai of Baoquan also be invited to do the discussion. This Blockchain conference is divide into two topics, including the application topic and the technical topic.

Yu Xuemai introduced the core business of Baoquan, Baoquan.com is the first application product of Shuqin technology Co.,Ltd, and its opened cloud platform can be used for e-data attestation due to the immutable characteristic of Blockchain. As early on the development phase, Baoquan team has found the excellent property about the time dimension in the digital world, which means the irreversibility of Blockchain. The time producing frauds is too easy because there is no time concept in the virtual digital world. However, the consensus mechanism of Blockchain can guide the physical world resources to the digital world,  making the objective time in the digital world comes true and ensuring the uniqueness of Blockchain and Bitcoin. The logical relationship exists in the real world, so Baoquan use blockchain technology to realize the hierarchical data storage and structure the data curing template on the evidence chain. As the investment operation, the process including the real name authentication, risk assessment, trust funds, e-agreement signing and benefits owning. Solidified by the template of Baoquan, we can realize the authentication of the whole investment behaviors. In addition to the question about blockchain succeed in which areas, Yu Xuemai introduced the importance of trust in Blockchain. See from the general direction, Blockchain will be first used or have been used in the financial field.

Baoquan built the transparent security network platform for the Internet financial of Zjmax, as well as realize the trusted certificate of the asset flow in Shanxi stock exchange and North stock exchange. In addition, the needs for the small local stock and private equity markets  are relatively not high, and it is the chance to standard the trading process and perfect the supervision means. Therefore, the transparency and traceability of blockchain transfer the decentralization to distribution. Meanwhile, realizing the penetrating supervision.

For the limiting factor of blockchain marketing, Yu Xuemai indicated the application technology is the necessary but not the key to success. Blockchain can not be available in the all industries even in the financial industry. It need update the technology to adjust the requirements, for example, Corda abandon the consensus mechanism to improve the performance, give up the whole network broadcasting to protect the privacy. So the best technology is the way to solve problems.

For the differentiation of Blockchain products, Yu Xuemai forwarded that the data attestation template of Baoquan is the basis for data tracing, and accessing to the judicial authentication center and notarial office that can provide the judicial effect proposal. The technical credibility transformation to social judicial credibility is in our superiority with the differentiation product.

Finally,  in the innovative imagination of the Blockchain, Yu Xuemai answered the question about  the adaptation blockchain for  the national security, the central digital currency will become the national standard. So the standard blockchain which can adapt the national security may become the mainstream in China.

Company Website: https://www.baoquan.com/en/

Contact E-mail: js@baoquan.com

Yu Xuemai from Baoquan joined the OKcoin activities about Hangzhou Blockchain Tour

The Hangzhou Bitcoin Blockchain offline activity was held by the biggest Bitcoin exchange platform OKCoin in Hangzhou on December 17,2016. The Co-founder Yu Xuemai of Baoquan was invited to participate in the activity to discuss the topic about 《The value of digital assets in cultural industry through Blockchain》.

As for the creative product,  the formation of cultural creative industry is under the global background basis of consumption and entertainment, owning the two kinds of attributes of creative and economic value. The traditional cultural products always be traded by the offline mode, and there is no way to authenticate the creative and economic value online. Yet now the digitalization of assets becoming the main trend and Yu Xuemai shared the way to come into being the digital capitalization for cultural value.

 The source of culture value comes from the human creative expression of the sprit connotation. Through the expression of sprit connotation to satisfy the human beings for  their own entertainments and collections, and further enhance and excavate the human aesthetic and spiritual pursuit , so as to stimulate a new wheel innovation. Therefore, the cultural creative industry and product creation both for the supply and demand, then the cultural creative products produce the great effects of  value cycle accumulation during the transforming process .   As for these intangible assets, while being digitalized and trading directly on the Internet, Yu Xuemai took the jade and stamp as example to do presentation.

The traditional cultural assets have some limitations in digitization, including the distinguish of jade and stamp coin, the stone carving, the form of jade and so on. However, all of these factors can not be reflected the value that is not acceptable in the digital transformation process.

From above, it is obvious that a credible medium is needed for the transforming of traditional assets to digitization. And blockchain has the characteristics of openness, distribution and immutability. The digitization of cultural assets can make the whole process recording on the Blockchain by the blockchain technology that is unchangeable. Once  recognized by the blockchain,   the digital assets can be further for the mortgages and income rights transfer, realizing the digital asset securitization. After the digital asset securitization, the digital assets can be divided and sold to further attract the participation of the small and medium investors. The high cultural assets can be divided into small decentralized investment opportunities, then to attract the investors to discover the market value. Accordingly, led to the realization of the true value of the culture industry through the enhancement of financial liquidity.

For the great value of Blockchain in cultural digital assets, Yi Xuemai introduced the next Blockchain project about the digitization of the intellectual property. With the credibility of Blockchain, digitizing the copyright, domain name, trademark, patent and so on, further to establish the Blockchain intellectual property exchange market, moving forward to the asset securitization and asset digitization.

Baoquan CEO Gao Hang attending the Second China Blockchain Application Research Council

The second China Blockchain application research council was held in Beijing in December 16, 2016. Many experts participated in the council including China financial Museum curator Wang Wei, OKCoin CEO Xu Kexing, Dianrong CEO Guo Yuhang, Taiyiyun Tech CEO Dengdi and Baoquan CEO Gao Hang. They emphatically introduced the development of Zhejiang Blockchain industry in 2016.

2016 is a year with rapid development in Blockchain. As the underlying technology of blockchain, the characteristics like decentralized, distributed storage mechanism and immutability have been recognized by more finance enterprises. And its value can ensure the establishment of trust relation through the financial participants without mutual understanding. According to incomplete statistics, over 100 enterprises join the Hyperledger to do the digital exchange research, among which China occupies 1/4 while Zhejiang dominates the half.

The CEO GaoHang summed up the sun-centre achievements of Zhejiang Blockchain application research centre in 2016 and the future vision. He mentioned that the development of Blockchain in Zhejiang has gained great support and approval from the government. For the development of enterprises, there are about 12 enterprises in such industry and just followed to Beijing. It is worth mentioning that with the regional development of Zhejiang Blockchain application research, at the same time, also actively concerned about the abroad development in Blockchain. In September, learning the new overseas application development mode from the visiting and studying the practical application achievements in digital assets, bank audit, cross-border payments and e-contract fields. Furthermore, the Blockchain reports also have been published in different publishing centre.

With creation of the active achievements in Zhejiang sub-centre, it also brings the fresh blood to such industry from the school actives. The cooperation with Hangzhou Normal University has successfully built the blockchain lab to the further research.

As for a Zhejiang local blockchain enterprise, Baoquan is devoting to solve the practical problem by blockchain technology with the core business on the financial service. In 2015, Baoquan as the executive unit jointly initiated the China Blockchain application research centre. And actively joined the China Blockchain Financial Tech Alliance in the next year. As a member of Hyperledger to provide Chinese power in the same year.

Additional  on the business and architecture in Baoquan, based on the Baoquan Chain, Baoquan.com and Baoquan Cloud, and the underlying infrastructure on blockchain technology, then building the value Internet operation ecology through the “ 1 chain, 1 web, 1cloud, 4 platforms” .In the past 2 years, Baoquan has cooperated with Ali Dingding, Accenture, Hundsun Technologies Inc., Meiya Pico and Gosun, providing the solution services for all kinds of industries by the blockchain technology.

At last, Gao Hang indicated that Baoquan will leading the online industry standard of electronic data the next year, then becoming the top digital assets exchange operation on the parts of financial assets, big data and culture assets in 2018. In 2020, expecting to establish the perfect and valuable Internet operating ecology.

Company Website : https://www.baoquan.com/en/
Contact E-mail : js@baoquan.com

The first Blockchain Tech Innovative Application Competition: Baoquan on the hero list

The first Blockchain Tech Innovative Application Competition was held by Wudaokou Institute of finance, Tsinghua University on December 12,13,14,15,2016.There are 52 entries classified by the underlying platform, innovative application and creative and innovative class to participate in the competition. In the review meeting, the five groups in the three days including 48 industry well-known technical experts,100 investment experts. According to the preliminary procedures, each project team has carefully prepared for the presentation, and each project need to be examined and marked by at least 16 technical experts and investment experts, then announced the scoring results immediately. During the competition, the whole process can be recorded by the video, ensure the openness and transparent, the fairness and justiceness. Reference from the special experts’ comments, the experts’ marking and social voting, 29 entries successfully on the hero list of the first China Blockchain Tech innovative application competition.

This competition brings all the industry elites from Blockchain together, objectively reflect the reality of the Blockchain development in China. And produced the 7 underlying Blockchain project platforms, the 12 innovation projects and the 10 innovative and creative projects. All of the 29 application projects have been invited to attend the awards ceremony at Tsinghua University on 28,December.

Baoquan.com is a Internet and technology company that devoted to data storage by Blockchain, and the reward comes from the whole team’s efforts. Accordingly, Baoquan team will gain the more confidence to do the Blockchain research then to apply more blockchain technology in more application scenarios.  

Wang Maolu from Baoquan join the national tour in Peking: PeerSafe •“+Blockchain”

In December 15,2016,the national tour about “PeerSafe “+ Blockchain”” was held by Beijing PeerSafe Technology Co.,Ltd..The doctor Zhu Hongming from the financial research institute of the state council development research centre, the CEO Wang Chaoyong of China Equity Group, the Co-funder Wang Maolu of Baoquan were invited to attend to give a research.

Will the blockchain lead to a new industrial revolution? And how to integrate the existing industry? The Co-funder Wang Maolu of Baoquan focused on the introduction about 《The blockchain gene of Baoquan》, she indicated that a lot of enterprises devoting into the blockchain research in recent years, and Baoquan is a rapidly development financial technology company, devoting itself in solving the practical problems with blockchain technology, creating the core values. The main business of Baoquan is the financial service that owning the strong digital assets developer and operation ability.

 The establishment of Baoquan is a development opportunity given by the era, transfer the society needs from information transfer to value transfer, from the more and the fast to the truth and the pragmatic, and the competitive information from the non-transparent to efficient. All these changes bring the opportunity to Baoquan that is also the important establishment reason.

Baoquan was founded in December,2016, formerly known as the earliest digital currency team, the professional mining chip team and the financial media team. It can be said that Baoquan has experienced the complete industrial cycle then owned the profound understanding and practical project ability. From 2016, Baoquan created the trust network as the core starting point and the core logic, realizing the3-steps of e-data by the blockchain technology: trusted electronic documented, assets digitalization and assets securitization.

Since its establishment, caused great attention in the blockchain industry, the team work together for the development of the blockchain industry. As the standing unit for the funding of “China Blockchain Application Research Centre”, Baoquan actively participated in “China Blockchain Science and Technology Finance Alliance ” that was initiated by China Internet association in 2016. Be a certified member of IBM HyperLedger in the same year, Baoquan provides Chinese power for the development of the blockchain application. Meanwhile, established “Big data and Blockchain innovation Lab” with Hangzhou Normal University to promote the combination of teaching and researching, and established “Zhejiang electronic evidence forensic Lab” with Chain Medical Labs to provide technical support in the e-evidence field by Blockchain.

Additional  on the business and architecture in Baoquan, based on the Baoquan Chain, Baoquan.com and Baoquan Cloud, and the underlying infrastructure on blockchain technology, then building the value Internet operation ecology through the “ 1 chain, 1 web, 1cloud, 4 platforms” .In the past 2 years, Baoquan has cooperated with Ali Dingding, Accenture, Hundsun Technologies Inc., Meiya Pico and Gosun, providing the solution services for all kinds of industries by the blockchain technology.

From 2017, Baoquan will leading the online industry standard of electronic data, then becoming the top digital assets exchange operation on the parts of financial assets, big data and culture assets in 2018. In 2020, expecting to establish the perfect and valuable Internet operating ecology.

In addition, Baoquan has achieved the strategic cooperation with PeerSafe, jointly develop and promote the public blockchain architecture that based on national standards.

Company Website：https://www.baoquan.com/en/

Contact E-mail：js@baoquan.com

Baoquan asist《Jin Ka Gong Cheng》in special issue : The Financial Technology · Blockchain

《Jin Ka Gong Cheng》organized by Guangdong science and technology department and Guangdong foreign science and technology exchange centre , and it is the only global published journal approved by GAPP (the general administration of press and publication). Mainly reported the world smart card, PFID technology, technical standards, information security and industry trends, showing the innovative products and high-tech of domestic and foreign enterprises in the professional monthly publications.

Baoquan has made great contribution to the blockchain monograph of financial technology as a  blockchain company. The co-founder Yu Xuemai of Baoquan proposed the 4 core technologies in blockchain, including distributed technology, cryptology, consensus mechanism and timestamp, provided a perfect explanation on the core value of blockchain technology. Furthermore, the blockchain companies have become popular owning to these core technologies.

To the industry chain of the whole blockchain industry, the CEO Gao Hang of Baoquan, the co-funder Wang Maolu of Baoquan also made some analysis, blockchain can link to the practical resources due to the mining computing, and the production of mining chip is the beginning of the Bitcoin industry chain. However, the exchange market is the closed-end of the industry chain. With the combination of the computing and blockchain, the development of the big data industry has been improved. Meanwhile, for the data settlement, the storage has a historic promotion.

However, all kinds of the blockchain underlying infrastructure are provided by the computing power of the professional blockhain chip. So the innovation in blockhain also means the innovation in the infrastructure, and more and more technical team and financial companies have begun to build the new independent blocks outside the existed blockchain.

By the way, this is not only means the innovation in the development of Blockchain, but also reflect the application value of Blockchain. So far the blockchain including the public chain, the private chain and the alliance chain, and each chain has its own value. Therefore, it also reflects the development of the blockchain does not on the simple way, and the underlying technology should adapt to the practical application.

Baoquan is a Internet technology company that devoted to the blockchain data storage . For this journal, it has proposed the prospect of the development of the  blockchain industry and the guidance suggestions in the practical application in blockchain. Briefly, Blockchain will be used in variety industries, then starting the new era of Fintech.

Certified by the Ministry of Public Security as Level III Information Security Protection

At present, Baoquan has owned the certificate III called “Ranked Protection of Information Security System ” by national public security department , which means that Bapquan is the first electronic data attestation service platform through blockchain. Furthermore, promoting the data security building on the platform, and  it is also a powerful proof of its strength and qualifications.

The ranked protection evaluation is execute by the standardization electronic industry institute of MIIT, ensure the scientificity, rigidity, fairness and authority of the evaluation processes and results. The evaluation content includes security, security management, network security, host security, application security, data security, backup and recovery, hole scanning etc. The evaluation result indicates that Baoquan has established a relatively perfect safety management system. In many ways, the system basically meets the requirements like the safety management agencies, personal security, system maintenance and emergency protection management. For the network level, the division of safety area is more reasonable, and the measures for safety protection have been deployed , meanwhile, the control rules of the visiting network  boundary have been set. For the hosts, the security policy has been deployed as the requirements III of the ranked protection. For the application security, the security protection protocol has been applied to meet the requirements of the ranked protection.

According to the understanding of 《Measures for the ranked protection management of information security》, the protection levels of information system is divided into five levels, the higher level means the stronger security protection. The Internet financial institutions like the third party payment enterprise and the network lending platform are mostly adopted by the ISP Level II. And the highest level for the non-bank units is the ISP Level III that means Baoquan has the equal security level.

The head of technology department from Baoquan indicates, the security evaluations are conducted on the platform of Baoquan. By this way, it can make itself protected by the network security facilities and management system include firework, intrusion detection, date encryption and disaster recovery. Moreover, the perfect management control measures and information system for technology protection are indispensable.

Lead to the future value: The era of Blockchain with New Internet

The Co-founder Yu Xuemai of Baoquan was invited by Hangzhou Normal University to share the topic about the future value with blockchain in December 27. He described the development of information Internet era with blockchain and the blockchain application in vary fields in future.

Yu started with the information age of the Internet, from the network concept “distributed system” to the first Internet information sending from Charley Kline, and then to the first established server by Tim Berners-Lee, and finally to the centralized information Internet. He also indicated that every step of the Internet development is based on the information exchange and transmission, setting up a huge network for information exchange and transmission by different servers. However, the Internet rely on the central network and build up the information Internet through the client servers. Once facing the problem of attack, it will easily break down the whole network. Moreover, the more problems of the centralized Internet continue to be appeared.

However, the internal crumbed centralized financial system makes the realization of the centralized problem rather than the endless attacks to the central server. On the other way, the digital currency has appeared by the decentralized blockchain technology.

The first digital currency called bitcoin was born in January, 2009. Unlike most currencies, bitcoin does not depend on the specific issue of monetary institution, it has the characteristics of openness, transparency, verified, immutability and traceability with the distributed and decentralized storage. It caused the commercial speculation due to the superior performance of bitcoin , large amount of mining companies have emerged from then on.

Digital currency except for the simple investment, speculation and product exchange, it also can be used as the payment medium, thus simplifying the cross-border payment process. Yibite Co., Ltd. created the new record of the global crowdfunding by using bitcoin, raised $10 million in 24 hours.

The payment circulating of digital currency on the Internet need the trust, and the blockchai has such trust itself. The blockchain transfers the centralized information Internet for information transmission to the value transfer network for crossing space and time. In doing so, blockchain has become the underlying protocol supporting for the trust and valuable Internet. The genius boy Vitalik Buterin create the blockchain developer platform called Ethereum, which building the intelligent application in a new form .

From the beginning of 2015, the value of blockchain has been digged and the whole blockchain industry began to flourish. According to the public overseas statistics, the global venture capital invest funds to the blockchain start-ups for $360 million in 2014, $480 million in 2015 and $160 million in 2016(not including the large amount of Chinese start-ups). Meanwhile, the domestic medium statistics indicated that more than $350 million has been invested in the top 9 blockchain teams in China.

Blockchain as the value Internet protocol can create the rich future scenes. The blockchain distributed structure changed with each transaction by updating the whole network nodes. Therefore, the transaction, accounting and liquidation will be integrated to increase the efficiency of financial transaction with low cost.

Blockchain can be used in such ways like the decentralized accounting and liquidation, the virtual digital assets transactions, the decentralized signature , the contract signing and the definition of the AI social rules. The digital and trust world can be created accordingly.

In 2015, Baoquan was founded by Zhejiang Shuqin Technology, which is the enterprise service platform based on the blockchain technology. By using the blockchain technologies include the distributed books, asymmetric encryption, timestamp and consensus mechanism to create the trust channel between the digital virtual world and the real physical world. At the same time, it constructs the original rules of the trust and valuable network through the judicial channel.

Finally, Yu indicated that the development of blockchain is the general trend. Whether on the information Internet or on the blockchain era, history is created by the young ones. And Baoquan is the learning and sharing platform for students who is interested in blockchain. We are also willing to provide assistance for the whole blockchain industry.

Baoquan cooperates with Lechou: The blockchain trusted era of the TV Crowdfunding

With the rapid development of Internet finance, the crowdfunding shows the trend of the explosive growth under the wave of Internet finance. The new modes and business occurred naturally to adapt the new financing needs of the customers. Then the TV crowdfunding breaking into the public view and develop the TV industry to a high class.

 For the development of Internet finance, on the one hand, it needs the control of flow risk, and on the other hand, increasing the online credit. Combined with the safety and stability of the platform, all these factors will directly affect the ability of the internet platform to resist risks. Therefore, for individual investors, the storage and extraction of electronic data seems vitally important.

Recently, the Internet crowdfunding platform sponsored by Hangzhou Lechou financial information service company was officially launched. Lechou pays attention to the TV crowdfunding, combining with rights, objects and public welfare crowdfunding as the auxiliary mode to operate. Full access to Baoquan with the blockchain data attestation, supported from the blockchain characteristics of openness and immutability, building the most safety and openness TV crowdfunding platform on the whole network.

As a blockchain technology service company, Baoquan using the basic infrastructure of the blockchain technology to provide the base scheme for enterprises. Through the data storage by blockchain and access to the judicial identification center and notary office, which has a closely combination and build a trusted data attestation platform with the increasing social credibility.

The cooperation between Lechou and Baoquan is a new starting point, both parties try to improve the platform security and enterprise trusty, building a openness, trust and  safe crowdfunding platform. And set up a new benchmark for the development of the Internet crowdfunding industry.

Blockchain Technology: The digitization of traditional cultural assets

The first Chuanghua national stone culture forum of 5th anniversary of Zixiyinshe was successfully held in Lingan in November 27. The participants from different fields, including Zhejiang Party Committee for culture industry, Zhejiang development planning department for tourism, Zhejiang provincial organization, Zhejiang disease control department and Lin’an standing committees. The CEO GaoHang of Baoquan was also invited to attend and address the meeting.

Gao Hang mentioned that Changhua is the important birthplace of Chinese chop stone, and  it is the famous stone which has the high culture and research value in China. This activity not only provide a mutual learning and communication platform, but also can spread out the stone culture and make more people learn the stone and its value.

With the prosperity and development of Internet，more and more traditional culture across the border of geography, physics and time to spread out. And the more people have learned the value of the stone in Chinese traditional culture. However, the actual value of the Chinese stone is placed with the skill of the professional craftsman and the appreciation of the art masters. All of the behaviors still worked by off-line, so the recognition of the value by people is actually in recognition of the craftsman, appreciation divisions and artists. The current information Internet can not provide the transmission channel for recognition and trust. By this way, Blockchain has the characteristics of immutability ,openness and traceability, that can solve the problems in the innovation of the culture assets digitization and reset the transmission of the trust and value in the digital world.

We hope that the traditional culture assets can realize the digitization and make the creation value of the artists in the virtual world transfer to the transaction part. With the trusted electronic document provide by the blockchain, combine the technology finance with the culture assets to promote the development of the national stone industry.

The team from Baoquan started to the research for the blockchain technology since 2013, has made great contribution to the development of the blockchain original digital assets transactions and the network building of the consensus mechanism. Blockchain-driven with the purpose of proving the reality of the data world, building a one-stop online data attestation service platform.

Finally, GaoHang indicated that he has the duty to spread the culture of his hometown and also has the important mission to the financial technology innovation. The digital assets will be developed in the culture field, and the trusted electronic document produced by blockchain technology will be the basis for their development.

Chief Scientist Wang Maolu of Baoquan: Devote to the assets mechanism innovation by Blockchain— promote the development of financial market 3.0

The 8^th China financial information service development BBS was successfully held in Shenzhen on November 26, hosted by the Shenzhen financial information services association and the information technology professional committee of China securities industry association. The experts and scholars from Gartner, Shenzhen Stock Exchange, Huawei, banks and Hong Kong University of Science and Technology have discussed the three aspects of AI, big data and blockchain about the influence of financial technology on the development of China financial market. The chief scientist, co-founder Wang Maolu also be invited to do the keynote speech about the development and application of blockchain on the regional equity market.

 Blockchain technology not only surrounded by the technology circle also attracted the attention of the national government. Wang Maolu introduced the value of blockchain based on the highlights of blockchain evaluation, with quotes from the experts like Zhou Xiaochuan, Wei Yingning, etc.  She explained, blockchain is the reliable database technology that depends on the trusted computing environment with the decentralized structure. It has many characteristics like the openness, the immutable, the traceable chain structure and the uniqueness of the bits’ world, etc. Obviously, the uniqueness is created by the time and it has become the corresponding technology of the bits’ world with the realistic physics world.

Wang also put forward in the application of blockchain as the reliable structure of the system data. With the decentralized architecture , each node is a part of the system and has the equal rights. Even if the hacker destroy or falsity the partial node information, there is no influence on the whole system and data and the more nodes make more secure.

Blockchain also can provide the intelligent vehicle for the assets exchange because of the programmable chain. It ensure the security of the assets transaction especially for the financial assets. For example, applying the workload mechanism to protect the chain data from destroyed and using the intelligent contract mechanism to make automatically execute and mutual supervision come true.

Under the trust relationship of finance, there is no need for people in the premise of blockchain. Meanwhile, the parties can establish a trust relationship through the pure digital mode with low cost. Therefore, the weak trust relationship transfer to the strong trust link by the algorithm, and promote the exchange of value activities even the financial exchange activities.

Wang also stressed that the blockchain combine with the big data can provide the integrated financial solution. And it can achieve the applications through the blockchain public ledger like customer identification, asset registration, asset transaction and payment & settlement. Through the big data system, it can record, transmit, storage, analysis and apply the various kinds of data information, and realize the seamless connection between the physical world and the digital world, the real world and the virtual world.

 By combing the different influence on the development of financial market from the Internet and the big data to the blockchain, Wang believed that blockchain can promote the development of financial market 3.0. With the blockchain application of the equity trading market, it can improve the data processing efficiency, reduce the IT cost, promote the construction of the regional stock exchange market, realize the penetrating supervision, transfer the non-standard assets into the digital assets, while at the same time using the intelligent contract to realize the automatic transaction of digital assets, so as to satisfy the continuity of the transaction. In terms of the financial assets, it can also realize the real-time assets trading settlement and cut off the arrival time of payment. The integrated registration of trading, clearing and audit can greatly enhance the work efficiency and make the assets audit standardized, which can form a complete chain of the value evidence judgment and make the investment loan linkage of the equity trading market, debt-equity swap come true, so as to establish a multi-level capital market system.  This position could satisfy the strategic planning of the report to the Eighteenth National Congress of the Communist Party of China, and makes it possible to the realization of the financial market supervision through the superimposed data attestation on the blockchain mode.

However, the blckchain as a technology choice, itself still has the problems of performance, registration, rights management and so on. In addition to the analysis of the practical evidence of Baoquan and the cases of NASDAQ Linq and the Australlian Stock Exchange, Wang believes that the emerging technology may not satisfy the full range reforms of financial information system. Meanwhile, the blockchain application on the stock exchange and financial assets transaction requires a gradual process. Baoquan has been working through the implementation of this concept including the infrastructure upgrading plan of the regional financial transaction platform and crossing the regional equity trading market structure in a distributed manner. In the end, Wang performed the preservation of network electronic transaction data on baoquan.com, and indicated that the regional equity trading market covered the large-scale private capital. Therefore, the credible and efficient transferred market environment established by the blockchain can simulate the value flow of financial capillary, making the financial value to realize the real penetration  and infiltrate into the underlying economic development cycle.

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