November Blockchain Weekly Report: Bank of China Helps Build Digital RMB Scenarios for China International Import Expo

This report is jointly produced by Preorder Observation and Cointelegraph Chinese.

Comments:

Policy:

This week, the State-owned Assets Supervision and Administration Commission of the State Council issued the "Opinions on Further Deepening the Construction of Central Enterprises under the Rule of Law" (hereinafter referred to as "Opinions"), proposing to comprehensively improve the ability to govern enterprises according to the law, emphasizing efforts to improve digital management capabilities, and using blockchain, big data, cloud Computing, artificial intelligence and other new-generation information technologies promote the upgrading of legal management from informatization to digitalization, explore intelligent application scenarios, and effectively improve management efficiency.

Specifically, the "Opinions" put forward in terms of comprehensively improving the ability to govern enterprises according to the law. First, focus on improving the ability to lead and support, and promote corporate legal personnel to keep a close eye on the three-year reform of state-owned enterprises and the key tasks of the "14th Five-Year Plan" development plan of central enterprises. Participate in major projects such as mixed ownership reform, investment mergers and acquisitions, strengthen legal review and control, and strictly control legal compliance risks. The second is to focus on improving risk management and control capabilities. While adhering to 100% legal review of rules and regulations, economic contracts, and important decisions, we will continue to improve the quality of review, carry out regular inspections and disposal of hidden risks, and carry out early warnings for common risks in a timely manner to effectively prevent and resolve them. The third is to focus on improving foreign-related guarantee capabilities, improve the foreign-related legal compliance risk prevention mechanism, promote key overseas enterprises, regions or projects to set up specialized agencies, assign full-time legal personnel, and improve the full-process participation system for major foreign-related projects and important business legal personnel. The fourth is to focus on improving the ability to actively protect rights, intensify the handling of legal disputes, deepen the special work of case management "reserve, control increase, improve quality and create efficiency", and comprehensively use various means to properly solve them. The fifth is to focus on improving digital management capabilities, using new-generation information technologies such as blockchain, big data, cloud computing, and artificial intelligence to deepen the informatization and digitalization of key areas such as contract management, case management, and compliance management, and promote legal management from Informatization has been upgraded to digitalization.

In fact, in terms of promoting the construction of central enterprises under the rule of law, as early as 2015, the State-owned Assets Supervision and Administration Commission of the State Council issued the "Opinions on Comprehensively Promoting the Construction of Central Enterprises under the Rule of Law", proposing that by 2020, we will build The goal of the rule of law central enterprises. In addition, the State-owned Assets Supervision and Administration Commission issued the "Regulations on the Main Responsible Persons of Central Enterprises Performing the Duties of the First Person Responsible for Promoting the Rule of Law", which further regards strengthening the rule of law as a "top leader" project.

Industry dynamics:

This week, the heat of the Metaverse remains high. There is no other reason. After Facebook changed its name to Meta and announced its full-scale entry into the Metaverse, Microsoft also announced that it will fully enter the Metaverse.

Luo Yonghao posted on Weibo that the next entrepreneurial project is a company with a metaverse concept. According to Luo Yonghao, all technology companies in the future will inevitably have a relationship with the concept of the metaverse, and will integrate augmented reality and virtual reality technologies with the Internet more closely, thereby making people's lives easier. more convenient. It can also enhance user stickiness and create more profits.

And Liu Cixin believes that the metaverse mentioned by Zuckerberg is not the future that people should have, but will lead human beings to a dead end. Liu Cixin said that the metaverse is not the future of mankind, the metaverse will be the involution of the entire human civilization, and will eventually lead mankind to a dead end. The metaverse will kill the enterprising spirit of human beings, and human beings will be trapped in the virtual world, and they will never have the ambition to break out of their home planet. People become more and more dependent on the virtual world, and pay less and less attention to the real world. Once he gets used to life in the virtual world, it will be very difficult for him to return to the real world.

At this stage, the debate on the metaverse will not stop in a short time. It is indeed a possibility to immerse yourself in the virtual world and rest on your laurels. However, some people have a more optimistic attitude. For example, using the adjustable time flow of the virtual world to develop technology Or to prove a certain idea, even Liu Cixin wrote a civilization that proves the moral system in the virtual world.

Perhaps this is one of the charms of science fiction - to show the possibility of the future.

Application:

This week, the Bank of Communications landed the first batch of cross-platform financing business on the central bank’s trade finance blockchain platform and the second phase of the Hong Kong trade linkage platform. Integrating the advantageous resources of Inner Hong Kong and Hong Kong to provide enterprises with more convenient trade financing services is also a breakthrough attempt of blockchain technology for cross-border financial business. The first phase of the project was successfully put into operation in October 2020. Bank of Communications, as the first batch of co-constructors, successfully landed the first batch of cross-platform trade financing business in China. In the second phase of the project, the business scenario of "domestic customers handling import invoice financing and Hong Kong customers handling export invoice financing" was added to deepen the cross-platform cooperation space. The successful launch will broaden the business coverage, continue to improve the level of mutual trust and facilitation of cross-border trade financing, and help enterprises develop.

Nanjing Iron and Steel Group International Economic and Trade Co., Ltd., which handles the first batch of cross-bank trade financing business, is affiliated to Nanjing Iron and Steel Group Co., Ltd. Nanjing Iron and Steel Group, as a super-large manufacturing enterprise in the national-level Jiangbei New Area, has been rated as an A+ enterprise with comprehensive competitiveness by the Metallurgical Industry Planning and Research Institute for four consecutive years from 2017 to 2020. The handling of this financing business saves time for customers in the communication and document transmission of cross-bank financing, solves the problems of mutual trust between customers and financing efficiency in cross-border business scenarios, and promotes both banks and enterprises to build data security and open systems in the field of international trade settlement financing , Financial ecological chain of information sharing.

Blockchain Policy Highlights

State-owned Assets Supervision and Administration Commission: Use blockchain, big data and other new generation information technologies to deepen the construction of central enterprises under the rule of law

On November 1st, the State-owned Assets Supervision and Administration Commission issued the "Opinions on Further Deepening the Construction of Central Enterprises under the Rule of Law", which proposed to use blockchain, big data, cloud computing, artificial intelligence and other new generation information technologies to promote legal management from informatization to digitalization Upgrade, explore intelligent application scenarios, and effectively improve management efficiency. Deepen the informatization and digitalization of key areas such as contract management, case management, and compliance management, embed legal review into major decision-making and important business management processes, and use big data and other means to realize online identification, analysis, evaluation, and prevention of legal compliance risks. control.

Supreme People's Court: Actively promote the in-depth application of blockchain and other modern technologies in the judicial field

On November 1st, the Supreme People's Court recently officially released the "Opinions of the Supreme People's Court on Strengthening Intellectual Property Adjudication Work in the New Era to Provide Powerful Judicial Services and Guarantees for Building a Powerful Intellectual Property Country." The "Opinions" pointed out that the construction of smart courts should be strengthened to improve the informatization level of intellectual property trials. Solidly promote the integration and promotion of information technology and the construction of the rule of law, actively promote the in-depth application of modern technologies such as the Internet, artificial intelligence, big data, cloud computing, blockchain, and 5G in the judicial field, and comprehensively strengthen smart trials, smart enforcement, smart services, and smart Management, to realize the in-depth integration of informatization construction and intellectual property adjudication. To adapt to the development of the information age, explore more mature and finalized new models of online litigation and online mediation rules, actively promote the construction of cross-regional intellectual property remote litigation platforms, and strengthen the full collection, intelligent analysis, and effective use of judicial big data.

"Beijing's Implementation Plan for Further Strengthening Energy Conservation": Investigate and clear virtual currency "mining" activities

November 2 news, recently, 11 departments including the Beijing Municipal Development and Reform Commission jointly issued the "Beijing Municipality to Further Strengthen Energy Conservation Implementation Plan", which emphasized that the petrochemical and cement industries will be strictly controlled, the annual energy consumption scale will be reduced, and key data The power consumption monitoring of the center, the rectification of low energy efficiency and illegal data centers, and the investigation and removal of virtual currency "mining" activities.

Shanghai Higher People's Court: Explore the application of "blockchain" and other technologies, and use judicial technology to efficiently resolve fintech disputes

On November 2, the Supreme Court held a press conference to release the "Judicial Report on the People's Courts Serving and Guaranteeing the Integrated Development of the Yangtze River Delta" and typical cases, and answered questions from reporters. Chen Chang, vice president of the Shanghai Higher People's Court, said in response to a reporter's question that Shanghai courts are also exploring the application of "blockchain" and other technologies, strengthening the in-depth application of electronic data in judicial trials, using judicial technology to efficiently resolve financial technology disputes, and actively promoting The construction of an online case handling system for the entire process of financial cases has further improved the quality and efficiency of trials, and has been widely recognized by the society.

Central Bank Chen Yulu: Build a "Firewall" in various places, and resolutely hold the bottom line of preventing systemic financial risks while opening up

On November 5, Chen Yulu, deputy governor of the People's Bank of China, stated at the 4th China International Import Expo that while expanding financial opening up, it will continue to improve the strength of economic and financial management and the ability to prevent and control risks under the conditions of opening up. "Improve the professionalism and effectiveness of financial supervision, build firewalls in various places, and resolutely hold the bottom line of preventing systemic financial risks while opening up."

Director of the Central Network Information Office: Actively participate in the formulation of international rules and digital technology standards such as digital currency

On November 5, "People's Daily" published an article "Creating a Good Digital Ecology" signed by Zhuang Rongwen, deputy director of the Central Propaganda Department, director of the Office of the Central Cyber Security and Informatization Commission, and director of the National Internet Information Office. The article pointed out that we should speed up the construction of new infrastructure, coordinate and promote the construction of communication network infrastructure, computing power infrastructure, integration and innovation infrastructure, etc.; improve network security protection capabilities, improve blockchain, and other security protection capabilities; promote and improve cyberspace international Strengthen policy coordination in the field of digital ecology among countries, and actively participate in the formulation of international rules and digital technology standards such as data security, digital currency, and digital taxes.

Nanjing Information Center launched the construction of government affairs cloud blockchain platform

On November 6th, a few days ago, the Nanjing Municipal Information Center started the construction of the government affairs cloud blockchain platform, laying a solid foundation for realizing the "one game" of the city's government affairs blockchain. Relevant procurement work has already started. Nanjing Public Resources Trading Center was entrusted by Nanjing Information Center to conduct an online public bidding for the Nanjing Municipal Affairs Cloud Blockchain Service Platform Project. It is reported that the project has three major construction goals. The first is to build relevant standards and specifications for Nanjing Municipal Government Cloud blockchain services. The second is to build a Nanjing Municipal Affairs Cloud blockchain service platform to provide one-stop blockchain services. The third is to complete the docking of this new platform with the established trusted account application and certificate chain application.

Hubei plans to build a blockchain service network backbone network in Hubei Province by 2025

On November 7th, the Hubei Provincial Government recently issued the "Opinions on Comprehensively Promoting the Construction of Digital Hubei", focusing on the four key points of digital economy, digital society, digital government, and digital ecology, accelerating the improvement of digital development ecology, and focusing on improving digital development capabilities , empower Hubei's economic and social transformation and upgrading in an all-round way. The document pointed out that by 2025, 130,000 5G base stations will be built, 80% of administrative villages will be connected to 5G networks, the integrated big data center system will be improved day by day, and the backbone network of the blockchain service network will be built in Hubei Province.

Domestic Industry Trends

Bank of China Helps Build Digital RMB Scenarios for China International Import Expo

On November 1st, at the 4th China International Import Expo, Bank of China will take multiple measures to popularize the knowledge of digital renminbi: place it in many eye-catching places in the venue, post digital currency single pages and posters, let the basic knowledge of digital currency, open channels, The way of use is clear at a glance; with the theme of "digital gathering wisdom, Bank of China integrates the world", a digital RMB comprehensive display area will be set up in the central square of the National Convention and Exhibition Center. Through naked-eye 3D interaction, multimedia promotional videos, etc., the digital RMB wallet, The latest pilot results in chips and products; a variety of different forms of digital renminbi chip wallet products can also be seen on the scene, including digital renminbi visual chip wallets, special-shaped wallets, wearable wallets, etc., to meet the needs of different types of people and different scenarios. Pay for demand.

Yunnan invested 9.93 million yuan to build a food safety information blockchain traceability project

On November 2, according to the information disclosed by the Yunnan Provincial Development and Reform Commission, the Provincial Development and Reform Commission has agreed in principle to the "Feasibility Research Report on the Key Food (Product) Safety Information Blockchain Traceability Project in Yunnan Province". The investment is 9.93 million yuan. The project construction content in the "Report" is mainly "one center, one system, three major applications, and one set of infrastructure". One system is to formulate the local standard system of the food (product) safety information blockchain traceability platform in Yunnan Province. Three major applications, that is, the construction of the province's food (product) safety information blockchain traceability platform, Yunnan food safety information network (including food safety Yunnan portal website, enterprise small program terminal application, business collaboration system, food safety committee official document exchange system , rural self-organized banquet supervision system and other applications), intelligent supervision application of online takeaway.

22 domestic and foreign institutions participated in the multilateral central bank digital currency bridge test

On November 3rd, during the Hong Kong Financial Technology Week, supported by the Bank for International Settlements Hong Kong Innovation Center, a multilateral central bank co-sponsored by the Hong Kong Monetary Authority, the Central Bank of Thailand, the Central Bank of the United Arab Emirates and the Digital Currency Research Institute of the People's Bank of China The Digital Currency Bridge Research Project publishes a use case manual. The manual shows more than ten potential application scenarios of currency bridges such as international trade settlement, cross-border e-commerce, and supply chain finance, and outlines the future roadmap of the platform. The Digital Currency Research Institute of the People's Bank of China served as the chairman of the currency bridge project technical committee and built a currency bridge test platform. A total of 22 domestic and foreign financial institutions including Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications, Postal Savings Bank of China, China Foreign Exchange Trade System, HSBC, Standard Chartered Bank, Hong Kong Stock Exchange, and Thai Banking Association Organized and participated in the current test of the project. The transactions covered four jurisdictions and 11 industry scenarios, with a total transaction volume of more than 2 billion yuan.

In 2021, the "Double 11" digital RMB red envelope activity will be linked in 11 cities

News on November 4th, this year's "Double 11" will be held in Beijing Winter Olympics venue, Shanghai, Shenzhen, Dalian, Xi'an, Qingdao, Changsha, Suzhou, Chengdu, Hainan Province, Xiongan New District The launch of red envelope activities in 11 pilot regions at the same time has greatly expanded the pilot scene of digital renminbi.

Central media survey: Under the crackdown, some websites are still paying for virtual currency marketing and publicity

On November 4th, a reporter from Xinhua Viewpoint recently investigated and found that some websites are still advocating for virtual currency marketing. Events, live broadcast roadshows, attracting traffic for various overseas virtual currency marketing. Liu Bin, director of the Financial and Shipping Research Office of the Shanghai Pudong Reform and Development Research Institute, said, "Since the high-pressure crackdown on virtual currency trading hype activities in 2017, the virtual currency trading and issuance platforms in China have been cleaned up and banned, but there are still many virtual currency trading platforms active. Related websites and self-media.” According to the relevant person in charge of the People’s Bank of China, in order to build a multi-dimensional and multi-level virtual currency transaction speculation risk prevention and disposal system, the financial management department, network information department, telecommunications department, public security department, The market supervision departments work closely together to implement comprehensive policies in terms of cutting off payment channels, disposing of relevant websites and mobile applications according to law, strengthening the registration and advertising management of relevant market entities, and cracking down on illegal and criminal activities such as related illegal financial activities in accordance with the law.

Metaverse is a new type of Internet application and social form that integrates various new technologies such as blockchain

On November 4th, Shen Yang, a professor at the School of Journalism and Communication of Tsinghua University, believes that the metaverse is a new type of Internet application and social form that integrates multiple new technologies and integrates virtual reality. It provides immersive experience based on extended reality technology, and digital Twin technology generates a mirror image of the real world, builds an economic system through blockchain technology, closely integrates the virtual world with the real world in terms of economic system, social system, and identity system, and allows each user to produce and edit content. The popularity of the metaverse concept this year is not accidental. After years of brewing, the application of underlying technologies such as virtual reality, artificial intelligence, blockchain, big data, 5G communications, and wearable devices has become increasingly mature. The combined use of these technologies has enabled the creation of metaverse become possible.

Xiong'an New District: ICBC and CCB have opened digital RMB personal and public wallets for local individuals and units exceeding 1 million

News on November 5th, according to the official public account released by Xiong’an, ICBC and CCB have opened more than 1 million digital RMB personal wallets and public wallets for individuals and units in Xiong’an New Area. Daifa is also using the digital yuan. According to the Baoding Supervision Bureau of the Hebei Banking and Insurance Regulatory Bureau, Laohetou Town, Anxin County, Xiongan New District has been built into a town with digital RMB features, and Luosa Street in Rongcheng County is a street with digital RMB features.

Zhuang Rongwen, Vice Minister of the Propaganda Department of the Central Committee of the Communist Party of China: Improving security protection capabilities such as artificial intelligence, 5G, and blockchain

On November 5th, Zhuang Rongwen, deputy director of the Central Propaganda Department, director of the Central Cyberspace Affairs Commission, and director of the State Cyberspace Administration of China, published an article "Creating a Good Digital Ecology" in the People's Daily, pointing out that network security protection capabilities should be improved. Prevent and respond to the security risks of digital new technologies and new applications, closely track development trends, and improve security protection capabilities such as artificial intelligence, 5G, blockchain, industrial Internet, and Internet of Vehicles.

Hubei Radio and Television and Tencent have a strategic cooperation to jointly establish the "Blockchain Smart Media Fusion Joint Laboratory"

On November 5th, Hubei Changjiang Cloud New Media Group, a wholly-owned subsidiary of Hubei Radio and Television, Hubei Provincial Radio and Television Research Institute, a directly affiliated unit of Hubei Radio and Television, and Tencent Cloud jointly unveiled the "Blockchain Smart Media Integration Laboratory". Based on their respective main business and resources, all parties will comprehensively deepen strategic cooperation through the "Blockchain Smart Media Fusion Joint Laboratory", link their respective content advantages, technical advantages, and channel advantages, and actively explore to contribute to Hubei Radio and Television. Media convergence injects abundant creative energy and provides strong power support.

Luo Yonghao: The next entrepreneurial project is "Metaverse"

News on November 5th, Luo Yonghao posted on Weibo that the next entrepreneurial project is a "metaverse company"! It is also equipped with a long picture of Shaan Puri posting on social media. Shaan Puri served as CEO of the now-defunct social networking platform Bebo from 2017-2019, according to public records. The article wrote: Very profound, I have never thought about this issue from this angle (this gap makes people a little sad), this is much more reliable than Zuckerberg's understanding of the metaverse concept. From this perspective, many things we will do in the technology industry in the future will inevitably lead us to this metaverse, even whether we want to or not. From this perspective, our next entrepreneurial project turned out to be a so-called "Metaverse Company"... On October 30, Luo Yonghao replied to Weibo blogger @吴阳时: I don't believe that Yuanverse will become the future (game It's just a game)... But it doesn't matter, I'm often wrong about the future.

Tencent's digital collection trading platform Huannuo opens pre-orders for "Under One"-themed digital collections

On November 5th, Huannuo, a trading platform for Tencent digital collections, opened pre-orders for digital collections with the theme of "Under One Man". This digital collection selects the five protagonists of "Under One" and a theme character of the fourth season of the animation. Based on the concept of "Scroll Cheats", it is designed around the national style image of flowers, plants and ink. Each model is limited to 1,000 pieces, with a total issue of 6,000 pieces and a unit price of 98 yuan, of which 6 pieces will be given away to Tencent animation fans as fan benefits, and the remaining 5,994 pieces will be publicly sold at 15:00 on November 9, and there will be no follow-up Additional forms. "Under One Man" was created by the famous cartoonist Mi Er. It is a life growth work that shows the wisdom of the East. With its huge world view, strong cultural heritage, and passionate and strange stories, it has become one of the top Chinese comic IPs. It has been praised by netizens. It is "the light of Guoman".

Liu Cixin: Metaverse will be an involution of the entire human civilization

On November 6th, Liu Cixin, who is known as "China's first metaverse architect" regarding the concept of "metaverse" that has become popular recently, said that the metaverse will be an involution of the entire human civilization, and the closed system of involution The entropy value of is always tending to the maximum. Therefore, the metaverse ends up leading mankind to a dead end. Therefore, for Facebook to change its name to "Meta", Liu Cixin said that Zuckerberg's Metaverse is not only not the future, nor should it be the future. Liu Cixin once proposed the binary opposition between the spaceship school and the metaverse school in "A Festival That Cannot Coexist", and "China 2185" affirms the existence significance of the metaverse to a certain extent. In "Time Migration", Liu Cixin also said that people in this era are gradually turning to the invisible world, and now the number of people living in the invisible world exceeds the tangible world. Although it is possible to have a copy of the brain in both worlds, life in the invisible world is like a drug. Once experienced that life, no one can return to the physical world. Our troubled world is like hell to them. Now, the invisible world has taken the legislative power and is gradually controlling the whole world.

Agricultural Bank of China Actively Participates in Multilateral Central Bank Digital Currency Bridge Project

On November 6th, the Agricultural Bank of China, as one of the main domestic participants in the multilateral central bank digital currency bridge project, provided a test case for "crude oil import trade remittance" for its newly released use case manual. Under the guidance of the Digital Currency Research Institute of the People's Bank of China, the Agricultural Bank of China will continue to participate in the testing and construction of the Currency Bridge project, focusing on the business linkage between the Currency Bridge and the People's Bank of China's trade finance blockchain platform, to explore ways to improve cross-border payment efficiency and international Business service level enriches digital RMB cross-border scenarios.

The Beijing Municipal Government Procurement Center announced the bidding for the implementation plan of the blockchain advanced computing power experimental platform

According to the information disclosed by the Beijing Municipal Government Procurement Center on November 5, the Beijing Municipal Public Bidding Blockchain Advanced Computing Power Experimental Platform Implementation Program Project, procurement number BGPC-G21077. The specific framework of the implementation plan includes: project overview, overview of the project construction unit, demand analysis, overall design plan, sub-item design plan, etc. The results must be submitted before the end of 2021. It is reported that the Beijing Municipal Bureau of Economy and Information Technology intends to organize an independent and controllable blockchain technology system to build an advanced blockchain computing power experiment platform based in Beijing and serve the whole country. Municipal committees, bureaus, large-scale central enterprises, state-owned enterprises, scientific research units, innovation and entrepreneurship entities, etc., will accelerate the establishment of a trusted digital infrastructure base for the Beijing blockchain.

Wang Yao, Secretary-General of the China Automobile Association: Preparing for the construction of a block chain platform for automobile big data

On November 6th, Wang Yao, Secretary-General of China Association of Automobile Manufacturers, stated at the "Fourth China International Import Expo-Fourth Industrial Revolution and Smart Travel Forum" that China's auto industry has a serious data island phenomenon and lacks data interaction among enterprises. channels, it is necessary to unify the interaction standards, so as to promote the establishment of the auto industry ecology. The China Association of Automobile Manufacturers has recently maintained close cooperation with relevant departments, actively coordinating cooperation between enterprises and third-party organizations, conducting security audits and assessments of vehicle data, improving the establishment of a security deposit system for vehicle data, and preparing for the construction of a blockchain platform for vehicle big data.

Shi Yuzhu: The metaverse era is bound to come, but not right now, its development is gradual

On November 6th, Shi Yuzhu, Chairman of Giant Network Group, stated on Weibo that there is no unified definition of Metaverse, and 100 people have 100 definitions and descriptions. The metaverse era is bound to come, but it is not right now. Its development is gradual, and there are still some basic problems that need to be solved, such as hardware problems such as VR vertigo, network delays, blockchain-based economic system compliance, and cloud computing power. Games have fewer obstacles, and other application scenarios have more obstacles. The research and development of the Metaverse requires more patience and less impetuousness.

Xia Yingtao of Huaan Securities: The investment space of the digital RMB industry may reach 100 billion

On November 7th, Xia Yingtao, a senior analyst in the computer industry of Huaan Securities, said on the program: The entire digital renminbi is also a market of over 100 billion yuan, and there are several types of companies in this market that have more opportunities. The first category is financial equipment companies. These companies are relatively very successful and have obviously benefited from the entire upgrading process. The second type of companies are banking, IT, and information construction companies, such as traditional banks and IT companies, which benefit greatly. The third aspect is digital institutions, which may also be based on this new payment scenario of digital renminbi, and will also benefit to a certain extent. There is also a fourth category that we just introduced. In essence, the digital renminbi will also use some encryption algorithms to make some updates and based on cryptography to ensure a safe transaction process. Therefore, some security encryption companies will also benefit from the promotion and construction of the digital renminbi as a whole. The fifth category is enterprises with downstream application scenarios, such as campus informatization enterprises, other catering informatization enterprises, etc. These enterprises will also participate in the entire upgrading and transformation process, and certain new projects and orders will also be generated. Therefore, based on the fact that the digital renminbi may be a market of more than 100 billion yuan, our main focus is on these five types of corporate investment opportunities.

Foreign Industry Trends

Warner Bros. to launch Matrix 4-themed NFT avatars

News on November 3, Warner Bros. and the social NFT platform Nifty's will launch 100,000 NFT avatars themed on The Matrix Resurrections, with a special "red pill" function. The avatars will retail for $50 each starting November 30. Just like in the original Matrix movie, buyers of NFTs can choose between a red pill or a blue pill. If they choose the blue pill, their avatar character will remain in The Matrix. If they choose the red pill, their avatar transforms into a resistance fighter.

Microsoft President: All Tech Giants Will Enter the Metaverse

November 4th, Microsoft President Brad Smith (Brad Smith) said in an interview at the European Web Summit on Wednesday that all technology giants will enter the metaverse, and companies such as Facebook, Microsoft, Google and Apple may develop their own Version. Smith thinks it's important not to let the hype overshadow long-term technology trends: "I think the Metaverse is going to be huge and very important. It has to protect privacy and digital security and prevent disinformation and manipulation." He said: "We We're talking about the metaverse, as if we're going into some new dimension. But it's not like a paradise we go to when we die. We'll still be living in the real world with people." Collaborate in order to promote interoperability. According to previous news, Microsoft is testing the enterprise metaverse and is expected to launch it in the first half of next year.

Meta clarification: Facebook shuts down facial recognition system, but "metaverse" products continue to use

November 5th, according to reports, Facebook announced earlier this week that it would no longer deploy facial recognition technology on its platform; but Facebook parent company Meta said that this commitment does not apply to its "metaverse" products. Meta spokesman Jason Gross said: "We believe this technology has the potential to enable positive use cases in the future while maintaining privacy, control and transparency. We will continue to explore this approach while considering our future How advanced computing platforms and devices can better meet people's needs."

The number of job postings related to encryption and blockchain in the United States climbed 615% in August this year

November 6th, according to Bloomberg News, since 2018, some Wall Street banking giants have added 1,000 encryption jobs to their institutions. In August alone, the number of U.S. job postings related to crypto and blockchain climbed 615%. Goldman Sachs hired 82 crypto professionals, Wells Fargo 74 and JPMorgan Chase 63. The company is offering a 20-30% raise compared to traditional positions like marketing, sales and software development to motivate the best talent. According to a London-based recruiter interviewed by the Financial Times, even cryptocurrency enthusiasts can find a job in the industry, with standard annual salaries for non-programmer jobs ranging from $137,000 to $273,000, while blockchain Programmers can earn up to $337,000 a year.

Applications

Five application scenarios of the cross-border financial blockchain platform landed in Chongqing

November 3rd, according to data, as of the end of September this year, Chongqing’s foreign exchange management department has facilitated a total of US$22.3 billion in cross-border trade financing and settlement. Chongqing has become one of the provinces and cities with the most application scenarios in the country. The cross-border financial blockchain service platform is the first blockchain platform that is led by the State Administration of Foreign Exchange and filed with the State Cyberspace Administration of China. It is understood that the cross-border financial blockchain service platform currently has 5 national application scenarios, namely, the application scenario of export accounts receivable financing, the application scenario of enterprise cross-border credit information authorization verification, and the application scenario of facilitation of foreign exchange settlement and payment of capital account income. , Service trade payment tax filing form electronic application scenarios, export credit insurance policy financing application scenarios. At present, five national application scenarios have been launched in Chongqing, and Chongqing also has the only application scenario for financing and settlement of the Western Land-Sea New Corridor in the country, which is one of the provinces and cities with the most application scenarios in the country.

Bank of Communications launched the cross-platform financing business of the first batch of the central bank's trade finance blockchain platform and the second phase of the Hong Kong trade linkage platform in China

On November 4th, Bank of Communications Jiangsu Branch and Hang Seng Bank, Bank of Communications Shenzhen Branch and Hong Kong Branch respectively cooperated to implement the first domestic trade financing business in the second phase of the trade finance blockchain platform project of the Digital Currency Research Institute of the People’s Bank of China. The cross-platform docking project is led by the Digital Currency Research Institute of the People's Bank of China and the Hong Kong Monetary Authority. It effectively integrates the advantageous resources of the Inner Hong Kong and Hong Kong, and provides more convenient trade financing services for enterprises. It is also a blockchain technology used in cross-border finance. A breakthrough attempt in the business, the second phase of the project added the business scenario of "domestic customers handle import invoice financing, and Hong Kong customers handle export invoice financing", deepening cross-platform cooperation space, the docking business between Bank of Communications Jiangsu Branch and Hang Seng Bank is the second phase The first batch of inter-bank trade financing business of the project.

The first batch of social security and medical insurance scenarios for online payment of digital renminbi in different places in the country has landed

News on November 4th, Sichuan's first and the country's first digital renminbi online payment of social security and medical insurance business scenarios have been successfully implemented, and it is also a bold innovation in the field of treasury collection business. According to reports, this move is the result of the Sichuan Provincial Taxation Bureau of the State Administration of Taxation, the Business Management Department of the Chengdu Branch of the People's Bank of China, and the Sichuan Branch of the Industrial and Commercial Bank of China, successfully realizing the application of the function of digital renminbi to pay social security and medical insurance online in different places. The insured can use the digital renminbi to pay quickly on the mobile phone, which not only enriches the channels for the insured to pay social security online, but also realizes the payment of social security in different places, solves the problem of social security payment for migrant workers in different places, and makes full use of the digital renminbi in payment. The settlement field has the characteristics of "point-to-point" instant arrival.

Tencent cloud blockchain new strategic upgrade releases three products

News on November 4th, Tencent revealed to reporters that the Tencent Cloud blockchain has a new strategic upgrade, and the Tencent Cloud blockchain product matrix is reconstructed based on the Changan Chain. Three products were released in this upgrade: Tencent Cloud Blockchain Service Platform TBaaS-Changan Chain, Tencent Cloud Blockchain Distributed Identity Service TDID, and Zhixin Chain Meta-Commodity Protocol. At present, the blockchain demonstration pilot zone has been built in Longhua, the blockchain financial electronic bills have been built in Hainan, the credit bank chain of the National Open University has been built, and the Shaanxi Coal Group has built a new application of supply chain finance.

Chongqing has become one of the provinces and cities with the most application scenarios of the cross-border financial blockchain platform

News on November 6th, the latest data shows that Chongqing has become one of the provinces and cities with the most application scenarios of cross-border financial blockchain platforms. . The cross-border financial blockchain service platform is the first blockchain platform that is led by the State Administration of Foreign Exchange and filed with the State Cyberspace Administration of China. This platform can realize multiple functions. For example, by connecting to multiple financial institutions, when an enterprise applies for export accounts receivable financing from a directly connected financial institution, the other party only needs to enter financing information and link cross-border financial blocks. The chain service platform can complete the verification of the rationality of the enterprise's import and export data and the authenticity of the customs information, and greatly improve the timeliness of financing and lending.

"Blockchain + carbon trading" helps digital carbon neutrality

On November 7th, "Blockchain + Carbon Trading" is an innovative development point that can use digital technology to empower green and low-carbon transformation. The blockchain has the characteristics of distributed, self-trust, openness and transparency, non-tampering, collective maintenance and privacy protection. Through distributed data storage, consensus mechanism and smart contracts and other technologies, the safe storage of transaction data in the process of carbon trading is guaranteed. Interact with and regulate the behavior of participants in the carbon trading market, and promote the fair, safe and efficient operation of the carbon trading market. It is recommended to promote the establishment of a carbon trading blockchain network, and build a blockchain-based carbon trading management and protection mechanism for the entire process of "rights confirmation-transaction-rights protection-punishment".

Shenzhen Port's first foreign trade blockchain electronic delivery platform goes online

News on November 7th, according to the Shenzhen Herald, a few days ago, the "Smooth Project - Launching Ceremony of Shenzhen Port's First Foreign Trade Blockchain Electronic Delivery Platform" with the theme of "Digital Empowerment, Smart Shipping" was held at Yantian International Container Terminal building held. The relevant person in charge of Youhe Group, which took the lead in using the platform, said: "As a foreign trade import and export enterprise, the port blockchain technology has built a network and value interconnection system with multi-party participation, joint supervision, and joint operation. application of blockchain technology.”

Ernst & Young, one of the "Big Four", debuted its new product "Ernst & Young Blockchain Audit Platform" at the CIIE

On November 7th, at the new product release event of the 4th China International Import Expo, Ernst & Young launched China's first new product "Ernst & Young Blockchain Audit Platform", which identifies key risk information of the blockchain for users, and is committed to improving the ecological environment. The trust of users is established in the system. Through static and dynamic code analysis methods, hundreds of tests are automatically run to complete the underlying technology and smart contract testing and verification. The evaluation results provided are both technical and easy-to-understand descriptions and examples. The platform is committed to evaluating and testing the performance and security of smart contracts with technical methods, helping users build trust, improving product transparency, and reducing the risk of enterprise transformation.