Shi Xingguo, founder of Hyperchain, was interviewed by 21st Century Business Herald to interpret Shanghai's new NFT regulations and digital development

Recently, Shi Xingguo, founder of Hyperchain, was interviewed by 21st Century Business Herald.The nuclear suspected of being abolished, and the interpretation of the new regulations related to NFT in the "14th Five-Year Plan for the Development of Shanghai's Digital Economy".

21st Century Business Herald full text link:

Digital collections ebb, NFT complianceLu Jianming

About the suspected abolition of the magic core, Shi Xingguo, founder of Hyperchain, said in an interview with the 21st Century Business Herald:

"The slow sales of digital collections sold by some digital collection platforms shows that the market has begun to become rational. Whether the departure of Magic Core and some other platforms will affect the rights and interests of collection holders remains to be seen."

As for the development of the digital collection market, Shi Xingguo believes: "Simple and crude mapping digital collections cannot support the long-term development of the industry. Practitioners should actively develop digital collections of compound rights and interests, so that collections can be used for specific physical businesses.This is the future of the digital collection industry.”

On July 13, the General Office of the Shanghai Municipal People's Government issued the "14th Five-Year Plan for Shanghai's Digital Economy Development".It supports leading enterprises to explore the construction of NFT (non-fungible token) trading platforms, and research and promote the digitization of NFT and other assets, the global circulation of digital IP, and the protection of digital rights.

In this regard, Shi Xingguo said in this report: "Shanghai's proposal to support the construction of an NFT trading platform this time shows that the development of digital economy-related industries is a long-term plan of the Shanghai Municipal Government, and will takeRhythm launch. The overall content of this document is further refined under the general framework of the national 14th Five-Year Plan. Shanghai is the first country in the country, which means that it will give certain support in relevant policies and promote the digital economy industry.More innovative attempts. Under the clear policy direction, if China’s digital industry can thus compete with other countries in the international market, it will definitely have the opportunity to seize the opportunity in the entire digital wave.”

Shi Xingguo, member of the Blockchain Committee of China Computer Federation, founder of Hyperchain, senior practitioner and technical expert in the Internet and operating system industries, winner of the National Science and Technology Progress Award, and inventor of the parallel blockchain technology system, founder of Paralism.He has served as vice president of Zhongke Hongqi Linux Company and chief engineer of the Internet Laboratory of the Institute of Software, Chinese Academy of Sciences.In 2016, he led the team of the Chinese Academy of Sciences to establish Hyperchain Information Technology Co., Ltd., focusing on parallel blockchain technology and making breakthroughs. The core technology has obtained patent authorization in 27 countries in China, the United States and the European Union.

Hyperchain is the leading parallel blockchain and the first parallel blockchain to be granted a patent in the world.The core team of Hyperchain Technology is from the Chinese Academy of Sciences. It is the earliest and most professional blockchain technology and product R&D team in China. Hyperchain's pioneering parallel blockchain technology has broken through the key points of blockchain such as performance, scalability, and capacity.It has the ability to fully integrate the public chain, alliance chain and private chain, and has the ability to support the value transmission and storage of the Internet backbone network level. It is also the only blockchain technology that can meet the requirements of enterprise development and industrial transformation.As the founder of the parallel blockchain technology system, Hyperchain Technology is currently the only international and domestic manufacturer that can provide you with parallel blockchain products, consulting and customized overall solutions and services.