2017年5月26日星期五

Shuqin Tech: The trustworthy electronic certificate service platform starting from judicial and financial field

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Before start his own business, Gao Hang has worked for government for many years, as well as the years of working experience in tax fields. He first had contact with Blockchian when read the paper of Satoshi Nakamoto. And based on the previous professional habits, he confirmed that the blockchain technology would play great role in financial or non-financial fields. Bitcoin, is a new Internet currency system without the third party credit intermediary, then to build the marcreconomic model for the world.
In 2013, Gao Hang with several buddy jointly set up Yibite, and set the goal of the first digital currency institute, due to the unclear mode and direction, as well as the industry is at a very early stage, even developed about 17 sub projects, all failed. However, such experience took great help to the subsequent entrepreneurship, he started to join the Internet finance field, and set up the first Blockchain financial assets transaction platform——Zjmax.  The success of Zjmax, which make him saw the great value of  Blockchain application, then Shuqin Tech was been built and provide the trustworthy electronic certificate service.
 Baoquan.com, the first product of Shuqin Tech, the core service is for the trustworthy electronic certificate.
He said, the pain point for Internet is the trusty, but the government managemen’s effort still in the verifying condition, the system construction that only rely on the verifying is very difficult to meet the problem. When we enjoy the confinience of Internet, also need to bear the Internet privacy violations; when we enjoy the transparency of Internet, also need to meet the information asymmetry of Internet. Therefore, Baoquan.com using blockchain technology to solve the problems of proorf, trust and truth, hope to be an entrance to the value Internet.
 During the developing and marketing process, there are two core pain points:
  •  Blockchain is a distributed solution, but how to stack up with the existing centralized system?
Obviously, the centralized system is impossible to be replaced completely, thus finding the improved ways to achieve “Blockchain+” is a more realistic way. Baoquan.com is the middleware between Blockchain and the centralized system, using the intermediary platform for the on chain attestation through database and the nodes with Blockchain mode, then to form “Blockchain+” solution. During the whole process, the core point called “Multi-route on chain”. All these information will be on  Bitcoin chain, Factom chain, Ethereum chain, as well as its own chain “Baoquan chain”. Then to realize the characteristics of  immutability, unforgeability, transparency and traceability, finally to the “Blockchain+” service.
  •  Blockchain has the technical credibility, but why should costomers believe in your company?
Blockchain is a credibility system by using cryptography technology, then the data and information is still in the developing company. The customers may have painful anxious on judicial ways. Whether have the right to retrieve data? In order to obtain the confidence from the market, Baoquan.com has accessed to the judicial expertise centre, nortarization institute and arbitration institute, then to form a entire closed cycle for Blockchain+ Judicial+ Nortarization+ Arbitration, not only to ensure the credibility, but also with judicial credibility. 
Actually, the trustworthy certificate has many breakthrough points. Baoquan.com adds the Blockchain attestation that based on the electronic signature, then combined with judicial expertise and arbitrate, binding with the financial scens, finally to form a closed solution circle. That’s the superiority of Baoquan.com compared with other companies.

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