Month: May 2022

On May 26th, Shi Xingguo, the founder of Hyperchain, attended the first-ever online launch event for the Li Shizhen Digital Art Collection and the world’s first Traditional Chinese Medicine (TCM) Digital Innovation Joint Laboratory. He witnessed the pioneering of the digitalization of TCM culture and discussed his understanding of the future trends of digital collections.

Shi Xingguo said, “The TCM industry is a culture-rich industry, and TCM culture is an important part of Chinese culture. It carries the ancient worldview of the Chinese nation and reflects our ancestors’ understanding of the world, the universe, nature, and all things for thousands of years. Continue reading “Founder of Hyperchain: Digitalization is the Mutual Participation and Interaction of Real Business and the Digital World in Digital Form.”

Shi Xingguo, the founder of Hyperchain, has commented on the significance of the recent issuance of the “Opinions on Promoting and Implementing the National Cultural Digitalization Strategy” for the digital collection industry and its impact on the secondary market for digital collections.

He believes that the document is a positive signal of national support for the development of new cultural companies, including the digital collection industry. However, he also believes that the document suggests that the government will strengthen regulation and law enforcement of the digital collection industry. While the document mentions data trading, it does not specify whether it refers to primary or secondary market trading, and Shi Xingguo stresses that digital collection platforms must comply with existing regulations on trading platforms. Continue reading “SShi Xingguo, Founder of Hyperchain: China Government Supports the Development of Digital Collection Industry, and Will Strengthen Regulation and Law Enforcement”

Recently, the National Committee of the Chinese People’s Political Consultative Conference held a special consultation meeting on “Promoting the Sustainable and Healthy Development of the Digital Economy” and proposed that promoting the development of the digital economy is crucial for boosting the Chinese economy and establishing key industrial development directions.

Shi Xingguo, the founder of Hyperchain, spoke to blockchain media Huoxun.com about the concept of the metaverse and why it is such a significant trend from a technological perspective. He explained that the metaverse is the result of the convergence of a range of frontier technologies, including AR/VR, 5G networks, the Internet of Things, artificial intelligence, cloud computing, and blockchain. Continue reading “Shi Xingguo, Founder of Hyperchain: The Metaverse Trend Comes from Technological Redundancy”