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.
Shi Xingguo is a member of the Blockchain Special Committee of the China Computer Federation, the founder of Hyperchain, a senior practitioner and technical expert in the internet and operating system industries, a winner of the National Science and Technology Progress Award, the inventor of parallel blockchain technology, and the founder of Paralism. He has served as Vice President of the Red Flag Linux Company and Chief Internet Engineer of the Institute of Software, Chinese Academy of Sciences. In 2016, he led the team from Chinese Academy of Sciences to establish Hyperchain Information Technology Co., Ltd., which focuses on parallel blockchain technology and has made important breakthroughs. Its core technology has obtained patent authorization in 27 countries in China, the United States, and the European Union.
Hyperchain is the most advanced parallel blockchain and the first parallel blockchain to receive patent authorization internationally. Its core team comes from the Chinese Academy of Sciences and is China’s earliest and most professional blockchain technology and product development team. Hyperchain’s groundbreaking parallel blockchain technology has overcome key technical bottlenecks in blockchain, such as performance, scalability, and capacity, and can comprehensively support public chains, consortium chains, and private chains. It also has the ability to support backbone-level value transmission and storage on the internet, and is currently the only blockchain technology that can meet the requirements of enterprise development and industrial transformation. As the creator of the parallel blockchain technology system, Hyperchain Technology is currently the only provider that can provide parallel blockchain products, consulting, customized solutions, and services internationally and domestically.