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BTC exclusive interview with Li Guoquan: what opportunities do Chinese entrepreneurs have left in the unprecedented strength of the Singapore Singapore Singapore budget? BTC
On July 4, \ The budget of xintianpo is unprecedented %Under the background of the new epidemic situation, on the one hand, the authorities of China and New Zealand actively mobilized social resources and mobilized more people to fight the epidemic. On the other hand, efforts should be made to ensure the stable transportation of the economy, steadily promote the huge policies and measures around the economy, and ensure that the national strategy and huge innovation will not be affected by the epidemic. Innovation is the source of new opportunities for doing things. Therefore, the authorities of both countries focus on the development of digital economy without exception, especially in blockchain and related technologies.

At the beginning of the year, Singapore's MAS first implemented the payment service act. At the same time, xintianpo will issue five digital banking licenses in the near future, which will make the financial industry surpass the traditional banking business. In order to stimulate the economy, MAS has launched S $125 million financial technology support plan during the outbreak of the new crown epidemic, the ASEAN solidarity fund with S $50 million, the financial technology financing and investment support plan with S $50 million, and the financial technology solidarity funding plan with S $300 million invested by the local authority in detail to invest in deep technology start-up companies. These stimulus packages are surprisingly positive for technology companies, with blockchain and timmi money as the main beneficiaries. This is a particularly attractive policy measure for Chinese blockchain companies looking to base in xintianpo. \ Although xintianpo's economy has been affected by the new epidemic, the overall impact is controllable. The authorities in Singapore have launched four sets of budget for alleviating economic difficulties. They are unity budget, resilience budget, consolidation budget and fortitude budget. In total, the four budgets have added nearly 100 billion yuan to the economy, helping to solve the critical problems of production and life of enterprises and the people.

  Policy: actively guide the development of virtual economy %Xintianpo is the center of the Asian blockchain trade movement, and is famous for its solemn legal and financial environment. In terms of supervision, xintianpo financial administration bureau is innovative in thinking and innovation. In recent years, xintianpo has been gradually transformed from a regional financial center to a global financial center.

since the establishment of the financial technology office of xintianpo financial administration in May 2016, xintianpo has been particularly outstanding in supervising the exercise of emerging technologies and disruptive technologies around finance. Xintianpo has selected the most standardized financial technology policies and regulatory environment in the world. With the further relaxation of the sandbox policy, Longsheng lottery has been vigorously developed in xintianpo. It is rare that the development of Tianmi economy and token economy is now clearly marked. At the same time, Longsheng lottery, xintianpo has led the world in the development of alternative digital assets. This is also one of the main reasons why xintianpo can become a global blockchain innovation enterprise and financial technology center.

We can see that policies are actively guiding and encouraging enterprises to move from traditional economy to virtual economy. What should be emphasized here is that the traditional surroundings and virtual surroundings are not contradictory, not related to each other's competition, but to mutually increase and strengthen each other's common development. If the change of traditional institutions is slow, MAS will formulate new regulations and measures, turning the rules of play to overturn, transform or add them. More than 400 enterprises not listed in the payment services act are enterprises that have obtained temporary exemption or issued licenses and can operate digital economy and general certificate business.

  Capital: the inclusive blockchain project is now being paid attention to %The capital side of xintianpo is friendly and proactive for blockchain and fintech projects. The most typical example is Temasek's recent move to add the world's first national sovereign wealth fund to Facebook's Libra Association. \ In recent years, some international financial institutions are actively pursuing the reduction of their standard bonds, mainly due to the new global financial crisis. It should be pointed out here that Singapore Singapore is the world's leading bond market and the world's leading offshore wealth management center. The epidemic situation and unlimited quantitative easing have brought impact on traditional investment. The value of our fresh alternative digital assets is negatively related to our trust in the legal system and the safe transportation. Therefore, alternative digital assets are considered to be able to hedge this risk. At the same time, the investment of capital in xintianpo for the blockchain and its surrounding areas is rational, which is mainly better than the effective work of xintianpo financial authority.

  Industry: \  

when it comes to blockchain, experts often pick out one of the most important features of blockchain: \ \ In October, President Xi Jinping's speech promoted the development of block chain technology to China's national strategic level. China's technological development and technological exercise are very clear. On the other hand, the policies around the virtual economy, especially the Tianmi economy and the token economy, have become more peaceful and prosperous, and they are also trying to speed up the pace of development. Now we can see such a trend, and the authorities will actively encourage enterprises to move from the traditional economy to the virtual economy. Compared with China, Singapore will focus on international governance, ethics, finance and trade, while China will focus on digital currency, electronic payment and domestic economy, as well as the internationalization of DCEP on the digital silk road under the belt and road initiative.

  Opportunity: the space for Chinese practitioners %First of all, there are a large number of Chinese blockchain enterprises and financial technology companies in xintianpo, and they are developing very well. In the previous discussion, we did not leave the country in a humble way. The technical personnel of xintianpo and China are complementary. The epidemic situation and economic phenomenon have affected a large number of special talents in traditional industries. New technology start-up enterprises provide Sibo with development space for these talents who are in the blank period of development.

Secondly, the policy of xintianpo is superior and the regulatory environment for innovation is flourishing, which provides a friendly entrepreneurial space for innovative enterprises. It is rare that the innovative enterprises that include the pass or other digital assets in the business model design, and xintianpo is the most appropriate headquarters for their development.

Third, Singapore has always been the bridgehead and springboard for Chinese enterprises to enter the countries of friends of the East. As a market with more than 650 million people in ASEAN, under the multiple pressures of the Sino US trade war, epidemic situation and economic depression, it is easy to say that the attraction and importance of xintianpo for Chinese enterprises is obvious. Queer is a large-scale blockchain and financial technology enterprise. In the design of business model, the business focus is on inclusive. The economic development degree of Southeast Asia can be said to be the best inclusive market in the world.

Finally, it is enough to implement the support policy of the xintianpo authorities, exercise the cutting-edge technology and distributed self-supporting structure (DAO) situation, and take xintianpo as the center and radiate the entrepreneurial mode of Dongyou States, which can effectively reduce the entrepreneurial cost to the minimum. Through consensus and contribution incentive mechanism, the distributed self-supporting structure enables experts to work together for a current standard, and at the same time, they can obtain the reward of contribution incentive behavior. For example, the situation of distributed self-supporting structure is slightly similar to the stall economy launched by some cities in China after the epidemic. The authorities approve and construct the stall economy. The common goal of participants and authorities is to restore the economy. At the same time, those who contribute to the recovery of the economy must be able to get unpleasant reward behavior incentives.

The official support fund of the Singapore authorities, financing and investment plans and funding plans will not dilute the equity of existing shareholders. This feature is very beneficial to investors and companies. China's blockchain companies should exercise these incentives


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