FUZAMEI attended the 6th Hangzhou Global Entrepreneur’s Forum as the organizer of blockchain Forum
With the theme of “New Economy, New Consumption and New Development”, the 6th Global Entrepreneur’s Forum and China Consumer Products Expo 2021 will be held from October 31st to November 2rd in Hangzhou, Zhejiang Province.
The 6th Hangzhou Global Entrepreneur’s Forum aims to create a global platform for entrepreneurs to integrate into the global economy, tell China’s stories well and convey the voice of Chinese entrepreneurs.
The forum focuses on current important topics such as “digital economy”, “common prosperity”, “Listed enterprises”, “NEEQ”, “Mayors’ Forum” and “blockchain”, gathering outstanding entrepreneurs from different fields.
Wu Sijin, CEO of Hangzhou Fuzamei Technology Co., Ltd., attended the forum and expressed his congratulations on the successful holding of the press conference, his good vision for the development of Zheshang and his confidence in the future development of blockchain.
The following is Wu Sijin’s speech at the forum:
Fuzamei thanks the organizing committee and cherishes the opportunity to hold this sub-forum on blockchain. We have developed in the blockchain industry for 10 years, and now it is relatively mature. This forum has also invited practical and experienced experts, such as Wang Zhongmin, former vice chairman of the Social Security Fund, who has a very unique understanding of blockchain. You can also listen to him.
Blockchain plays a huge role in trade. FUZAMEI has cooperated with a head manufacturing enterprise for 5 years. They have been doing blockchain since 2017, but they also encountered great difficulties. Now the whole company has been fully using blockchain to do manufacturing trade, and these experiences are worth many manufacturing enterprises come to exchange and learn.
Some of our partners, such as Yiwu small commodity enterprises, Ningbo import and export enterprises, and West Lake Longjing, will also share their experience and ideas on product traceability.
In addition to the blockchain applications we are already doing, blockchain can also make up for some of the shortcomings of the traditional Internet. Because of the traditional Internet model, you do not know the authenticity of things, whose advertising costs more, who can sell out. However, if it is connected to the blockchain, or even required by the State Administration for Market Regulation to trace its source, fake goods cannot be sold by putting false advertisements.
Blockchain technology cannot be tampered with and can be traced to its source. It can break the monopoly of traditional Internet and solve many traffic distribution problems such as false advertising and swiping. When we cooperate in e-commerce traceability and agricultural product traceability projects, we use blockchain technology to ensure food safety and eliminate fake and shoddy products.
Therefore, I can make a bold prediction that in the future, the traditional Internet model will be weakened, and the blockchain model will be more accepted by the public. Although it is difficult, efforts should be made to promote and solve this problem.
In addition, our small and medium-sized enterprises financing difficult problem, why is difficult to financing? Because the banks don’t believe the numbers. So if you put the basic data, capital flows, logistics information, goods receipt and payment of these enterprises, and all the original vouchers on the blockchain, your data finance can not be falsified, so the enterprise’s credit investigation is very easy to achieve, it is easy to obtain financial support.
Of course, what I am looking forward to most is the “barter” on the blockchain, where all goods, means of production and accessories can be exchanged on the blockchain after being digitized. For example, after the products of our air conditioning enterprise are replaced with the hotel, air conditioning and hotel rooms in Hangzhou, the employees of the enterprise can choose to stay in the corresponding hotel in Hangzhou for vacation, and the air conditioning of the hotel does not need money to buy. For example, the hami melon in Xinjiang can be exchanged with the hotel in Hangzhou, so that the guests of our hotel can eat the very affordable Xinjiang fruits, and the fruit farmers in Xinjiang can also increase the ways of vacation and product sales. Therefore, after digitization, our living standard can be improved to a greater extent through pre-sale and barter.
So the role of blockchain is very big, I hope everyone should be able to cherish and enjoy this sub-forum to learn blockchain, thank you.
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