On July 26, 2018, Li Changxin, head of MOAC Blockchain China, was invited to attend the ‘2018 China International Gold Conference’ held at the Beijing National Convention Center.

The conference was jointly organized by the China Gold Association and the World Gold Council. The conference attracted guests from the People’s Bank of China’s Digital Money Institute, the Fifth Institute of Electronics of the Ministry of Industry and Information Technology, Microsoft China Ltd., and Ping An Bank Co. as well as guests from many other government research institutions. MOAC Blockchain China was also invited to attend.

Li Changxin, CEO of MOAC Blockchain Qingdao, gave a keynote speech on ‘the battle of lower layer blockchain technology.’ He briefly introduced the development of blockchain technology and the characteristics of modern mainstream lower layer blockchains. His speech focused on the road taken by the MOAC chain and the technical advantages for large-scale commercial applications that the chain provides. The MOAC chain is the first to achieve sharding, cross-chaining and asynchronous smart contract calling, which greatly improves the overall performance of the platform. It’s the only lower layer public chain that is both scalable, secure and decentralized. It also takes the lead in integrating IPFS through its microchains, leading storage models into the era of distributed storage, making the MOAC chain into the perfect decentralized application (DAPP) development platform.

Li Changxin, Head of MOAC Blockchain China, also used the MOAC commemorative gold medallions as an example to elaborate on the combining of MOAC blockchain technology and real-world gold, causing heated discussion among the audience.

Jiang Guoqing of the Central Bank’s Digital Currency Center spoke about the application of blockchain technology in the banking system. Mr. Xiang Lipeng, director of the Ministry of Industry and Information Technology, discussed the development of blockchain technology in China and the future outlook for the industry. MOAC’s Li Changxin used the gold commemorative medallions, created using MOAC blockchain technology in conjunction with physical gold, as an example to demonstrate how blockchain technology can solve industrial problems like anti-counterfeiting and traceability of valuable assets like gold. The gold industry insiders attending the meeting were inspired by his words, and his remarks received the recognition of the experts attending!

The conference guests expressed admiration for the 10G pure gold MOAC commemorative medallions issued by MOAC, which have great implications for gold circulation. Li Changxin stated that the company focuses on lower layer blockchain technology and has always been committed to improving industry through integrating blockchain technology into the real-world economy. This can enhance the international competitiveness and promote the healthy and rapid development of the economy.

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