CelesOS Scientist Michael Yeung and blockchain leaders Xiao Feng from Wan Xiang Group participated in sharing the course of “Blockchain @ Guanghua School of Management, Peking University” CelesOS Follow Nov 22, 2018 · 6 min read

From November 16 to 18, 2018, there was a successful completion of the initial course of “Blockchain @Guanghua School of Management, Peking University” held by Guanghua School of Management, Peking University. CelesOS Chief Scientist Michael Yeung has participated in course sharing

The participants in the course sharing are all the top leaders from various institutions such as government departments, industry associations and enterprises, who conducted a lively and colorful study and discussion on current hot topics of blockchain.

The list is as follows:

Head of the department of finance at the Guanghua School of Management, Peking University and director of Guanghua Blockchain Laboratory — — Professor Liu Xiaolei

Former head of the Central Bank’s Digital Currency Research Institute and general manager of China Securities Depository & Clearing Corporation Limited — — Yao Qian

Head Office of Industrial and Commercial Bank of China — — Zhao Kaishan

Ant Financial Services Group — — Zou Tao

Shenzhen Tencent Computer Systems Company Limited — — Qin Qing

Beijing Baidu Netcom Science and Technology Co., Ltd. — — Jing Bo

Shenzhen Thunder Network Technology Co., Ltd. — — Lai Xin

China Citic Bank Corporation Limited — — Chen Zhiming

CEO of Beijing Chain Fire Information Service Co., Ltd — — Xiao Feng

Chairman of Wan Xiang Blockchain — — Xiao Feng

CEO of Beijing Microsoft Accelerator — — Tan Lin

Chief Investment Officer of Xiongan Billion Fund — — Tang Jianhong

CelesOS Scientists — — Michael Yeung

On the first day of class, as the academic director of the project, the professor Liu Xiaolei, dean of finance department of Guanghua school of Management, Peking University and director of Guanghua Blockchain Lab, made a profound analysis of the opportunities and challenges of blockchain.

According to the professor Liu Xiaolei, the opportunity of blockchain technology lies in the introduction of data assets into production factors, while improving the efficiency of resource allocation, which will help our country change from a demographic dividend era to a data dividend era.

Then, there was a sharing of the current application of blockchain technology by Michael Yeung, who is the chief scientist of CelesOS.

Michael Yeung explained the application of copyright in the blockchain, and discussed with the students the business model of the government blockchain and the regulatory suggestions and other difficult issues in the landing of the blockchain.

Then, Chen Zhiming of China Citic Bank Corporation Limited shares the application of citic in credit card and application of blockchain in the Forfaiting business. Zou Tao who is from Ant Financial Services Group elaborated the concept of Ant Financial Services combining blockchain technology with commercial ecology from the trinity of chain finance, chain retail and chain life.

Yuan Yuming, CEO of Beijing Chain Fire Information Service CO., Ltd. gave a lecture entitled “Path and Prospect of Blockchain Empowering Real Economy”. He analyzed the current situation and future development of blockchain from the four levels of distributed accounting book, value transmission network, pass-through incentive system and asset digitalization, and shared his unique views on the current blockchain with some hot cases.

Qin Qing introduced the tencent’s business in the blockchain, especially the business in the invoice chain.

Jing Bo introduced the Baidu super chain which focuses on alliance chain to adapt to China’s reality.

Lai Xing introduced the Thunder chain for big data storage and sharing calculation.

Zhao Kaishan introduced the related businesses of several blockchains carried out by ICBC

Wu Jihan, CEO of Bit Mainland, shared his views on blockchain supervision, technical direction of blockchain, future development of blockchain and current related hot spots, and had a heated discussion with participants on hot issues of concern. He believes that although the current BCH bifurcation incident has been interpreted by all parties, the community should proceed from the actual needs to continuously promote technological innovation and promote the healthy and vigorous development of blockchain technology.

The next day, Professor Chen Zhong, director of the EECS Blockchain Research Center, gave a lively lecture to the students on “Blockchain Technology, Application and Security”, which benefited students a lot.

Yang Guodong of SINOCHEM GROUP introduced the platform of blockchain application alliance for commodities, and Hu Kehua of China Textile Industry Federation introduced the related application of blockchain in supply chain management.

Cao Shiping, from the Hainan Provincial Department of Industry and Information, highlighted the policy of “Hainan Free Trade Port First Trial” and the established blockchain test area.

Xiao Feng, chairman of Wan Xiang Blockchain Co., Ltd. made a report entitled “Technology Development and Investment of Blockchain”. He analyzed the development history, opportunity and investment value of blockchain technology in his eyes from the three dimensions of Internet and blockchain, token and encrypted assets and encrypted digital assets investment.

Finally, Yao qian, (former head of the Central Bank’s Digital Currency Research Institute) and general manager of China Securities Depository & Clearing Corporation Limited, made the report entitled “Cryptography, Bitcoin and Blockchain”. From the perspective of cryptography, he deeply analyzed the development of digital cash, briefly described the internal mechanism of Bitcoin and blockchain, the advantages and disadvantages of distributed accounting technology and the concrete application of serving the real economy.

After the successful completion of the course, Professor Liu Xiaolei, the academic director of the first course of “Blockchain @ Guanghua School of Management, Peking University”, presented the certificate of completion to Michael Yeung, and then they took a group photo together.

We had such intense exchanges that we forgot our physical exhaustion. National elites, local promoters of blockchain construction, financial industry technology leaders, the heads of domestic top technology giants’ blockchains, industry associations and fund representatives were all listened to lectures and answer questions from industry leaders and regulators on issues related to blockchains.

CelesOS considered introducing supervision from the bottom design level, allowing financial institutions to develop innovative products on the blockchain, realizing code as legal compliance text, and helping institutions become legal and compliant.

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