The “Global Digital Collections Annual Report” press conference was successfully held!

source01区块链·01区块链·22:19 编辑
The “Global Digital Collections Annual Report” press conference was successfully held!

sources｜FORECHAINTypography | Wang Jilong Yan


The press conference of the “Global Digital Collections Annual Report” was successfully held

 

On March 26, 2022, the “Global Trends in Digital Collections and Innovation in China - Global Digital Collections Annual Report Conference” was successfully held.

 

The conference was co-hosted by ForeChain and 01 Think Tank, with the Hengqin Digital Chain Digital Finance Research Institute and the Metaverse Industry Collaborative Innovation Center in Beijing University of Posts and Telecommunications Science Park as academic support units.

 

At the conference, Bai Liang, founder of 01 Think Tank, delivered a speech. ForeChain and 01 Blockchain jointly released the “Global Digital Collections Annual Report 2021”. At the same time, a number of scholars, representative companies, investment institutions and industry experts were invited to conduct in-depth discussions on global trends in digital collections and innovation in China.

Yuan Jianwen, blockchain architect at ForeChain, and Chen Lishan, blockchain analyst at 01 think tankThe core data and opinions of the report were presented together. In 2020-2021, the global digital collection market exploded. On the investment and financing side, there were 331 financing incidents throughout the year, and the total amount of financing revealed reached US$5.256 billion. On the trading side, the total transaction volume of NFTs in the crypto market exceeded 6.64 million throughout the year, with a total transaction volume of close to 3.4 million (ETH). From a risk perspective, the overseas NFT market is in deep sync with the cryptocurrency market, and giant whales have a big impact. Compared to traditional financial markets and cryptocurrency markets, the NFT market fluctuates more sharply and has additional risk points.
 
Combining domestic regulations and market characteristics, NFTs have formed a digital collection market with Chinese characteristics. The domestic digital collection ecosystem does not involve the crypto-related industrial chain, and the secondary market for digital collections is developing more carefully. Judging from the characteristics and trends of development, digital collections are gradually becoming a new cultural and creative vehicle. Demand for organizations in various industries to interact with audiences through the distribution of digital collections is increasing, and consumer acceptance of this new collection method is also gradually increasing.
 
At the conference, various business representatives, investment institutions and industry experts all gave constructive and innovative views on technology, development status, development trends, and legal regulation related to digital collections.

Zhu Jiaming, Chairman of the Academic and Technical Committee of Hengqin Digital Chain Digital Finance Research InstituteAdvocating the popularization of NFTs, “Everyone can create NFTs, and everyone can be satisfied with non-homogenized needs, then there is hope for NFTs.” Zhu Jiaming believes that NFTs have ushered in a new era of non-homogenized existence that people pursue and appreciate. It is completely different from the industrial era where homogenization is the most mainstream. In other words, the current digital transformation is the transformation from homogenization in the industrial age to non-homogenization in the information age, and this historical process has just begun, and NFTs are the forerunners of this historical process.
 
Chen Xiaohua, Executive Director of the Metaverse Industry Collaborative Innovation Center, Science Park, Beijing University of Posts and TelecommunicationsIt was pointed out that currently there is a risk that the regulatory policy for digital collections is unclear, and it is important to clarify whether digital collections are financial or technical, and the policy will characterize them according to this classification. Regarding the future of digital collections, Chen Xiaohua believes that personalized and diversified digital products will become a widely accepted form of art and an asset investment method. Digital collections fill gaps in the current field of input asset technology, enabling digital content to be capitalized and efficiently distributed.
 
Zhang Yulin, President of Beijing Cultural Investment Cultural Technology Industry Integration FundIt was emphasized that the development of digital collections must ensure standardization. Disorderly development may cause NFTs to not survive in China and lose China's international voice in this market. Furthermore, Zhang Yulin called for the spirit of maker and said that the industry has great value in the future market and future society. We should not look at and develop digital collections from the perspective of interests, but from various perspectives such as spirituality and social governance.
 
Li Rui, Vice President of Quchain TechnologyWhen talking about the circumstances in which the technology itself is suitable to go on the chain, a methodology is proposed. One is multi-party participation, the second is the trust or privacy issues that exist in multi-party participation, the third is to ensure the immutability of data in the case of multi-party participation, and the fourth is whether it is necessary to provide transmission efficiency for all aspects of data and achieve effective storage and traceability.
 
Zhang Jiong, founder of StarTurBITThe characteristics and differences of public chains and affiliate chains were compared, and several issues that need to be addressed when developing domestic public chain digital collections include: on-chain compliance issues; transactions, delivery, and delivery may face tax issues; KYC certification issues for users; and full-life cycle management issues for enterprises issuing digital assets on the chain.
 
Wang Pengfei, founder and CEO of Digital Collection ChinaAccording to the opinion, the compliance of digital collections mainly involves three aspects: first, copyright of digital collections. Obtaining approval and authorization from the copyright party is the core issue; second, chain selection. Currently, all public chains and second-tier side chains may need to be rectified and re-upgraded to the affiliate chain in China; third, transaction methods. The current secondary market has not been approved by the competent authorities, and the Cultural Exchange and digital asset exchanges may be the path of compliance.
 
Chen Yungui, Doctor of Computer Technology, Macau University of Science and TechnologyIt is believed that along with the explosion of productivity and material overproduction, intangible production may account for an important share of future GDP, and this will drive the explosion of NFTs. Furthermore, Chen Yungui put forward the idea that the POW mechanism will hinder the development of NFTs. As demand for computing power in the underlying public chain grows steeply, this has led to problems of high energy and electricity consumption, high demand for mining equipment, high carbon emissions, and high transaction costs, and POW cannot adapt to the growth of NFTs.
 
Zhang Feng, partner of Wanshang Tianqin Law FirmPoint out the difference between NFTs and virtual currencies. Technically speaking, both are cryptocurrencies. However, NFTs can be combined with specific metadata to become diverse digital products or digital goods, yet homogenized tokens are often used as currency or securities. Regarding the legal issues that need to be understood to develop the NFT business in China, Zhang Feng pointed out the following aspects, first, legal issues relating to data and information processing, cybersecurity, and personal information protection;

The second is legal issues relating to intellectual property such as copyright, trademarks, patents, trade secrets, and other civil rights, including portrait rights, virtual property, etc.; the third is financing, deposit absorption, and other legal issues relating to financial supervision.
 
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说明: All Bitpush articles reflect the author's views only and do not constitute investment advice.

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