fbpx

SCO Secretariat, TSCA jointly host "National Data Brain" Summit

BEIJING, Jan. 13, 2021 /PRNewswire/ -- On the afternoon of January 12, 2021, the Shanghai Cooperation Organization (SCO) Secretariat, together with Shenzhen Thousand Cities Strategic Algorithms (TCSA), held a presentation at the SCO Secretariat in Beijing. With "National Data Brain: Driving Societal Stability and Economic Revitalization" as the topic, the conference is also part of the 20th anniversary of the founding of the SCO.

SCO Secretary-General Vladimir Norov
SCO Secretary-General Vladimir Norov

SCO Secretary-General Vladimir Norov delivered the opening remarks. Mr. Norov said that the leaders of the SCO member states are making joint efforts to build an effective financial mechanism within the framework of the organization, in order to contribute to the promotion of innovative economic development. a more detailed understanding of TCSA's work and ideas could help achieving the goal of using modern innovative technologies to establish stronger financial cooperation.

SCO Secretary-General Vladimir Norov (Right) TCSA Chairman Adkins Zheng (Left)
SCO Secretary-General Vladimir Norov (Right) TCSA Chairman Adkins Zheng (Left)

This conference is expected to provide a technological blueprint for the improvement of each nation's digital governance, the enhancement of central bank monetary data systems, and the development of various macroeconomic digital governance tools. Mr. Norov also expressed his hope that the conference could accelerate the construction of National Data Brains in various countries in order to achieve societal stability and economic revitalization, build a more stable and competitive central bank foreign exchange strategy, promote the prosperity of all SCO states, and constantly improve the living standards of the people.

Following the Secretary-General, Mr. Adkins Zheng, Chairman of TCSA, made a speech on a groundbreaking concept: the construction of "National Data Brains". Start with expressing his gratitude for SCO's recognition and support, Mr. Adkins Zheng introduced TCSA as being the first international consultancy to serve central governments in the establishment of digitalized national macroeconomic systems through the construction of National Data Brains and to cooperate in alignment with central governments to promote sustainable data-driven economic development.

In his speech, Mr. Zheng also presented the implementation process for the National Data Brain in detail. TCSA has created effective methodologies and frameworks for the effective application of data across a massive range of dimensions. At the current crossroads of technological development and digital value, TCSA has pioneered an all-new model for data transmission, data storage, data computation, and data applications that enables the effective application of data across a massive range of dimensions: a highly logical, cost-effective, and efficient central data processing framework. This data framework can be continuously and constantly optimized. By functioning much like the CPU of computers and mobile phones, this data framework can reduce national data processing costs exponentially and increase national computing power to the same extent.

During this event, Howard Chang, Vice President of TCSA, presented the TCSA Comprehensive Technology Transfer Cooperation Model in detail. TCSA's National Data Brain proposal and digitalized macroeconomic model has won widespread recognition from authorities and experts around the world, including those from the World Bank, the International Monetary Fund, Stanford University, Columbia University, and more. Currently, TCSA is in the process of cooperation with the central governments and central banks of 50 other countries, with five countries in the agreement signing process and two countries that have already formally signed a cooperation agreement.

The moderator of this event was the SCO Deputy Secretary-General, Yerik Ashimov. Member states, observer states, SCO dialogue partner states, ambassadors, diplomatic representatives of the Association of Southeast Asian Nations (ASEAN) and League of Arab States (LAS) member states in Beijing and well-known Chinese entrepreneurs jointly participated in this event.

TCSA strives to provide all SCO states with a comprehensive technological transfer of new digital economic governance tools which serve visionary central governments, central banks, and departments of economic and financial development in the digitalization and upgrade of economic governance systems and capabilities, all in the pursuit of ultimately achieving stability, prosperity, and freedom. About TCSA: https://tcsa.cloud/

Copyright

© PR Newswire

Caohejing Hi-Tech Carnival Drives Forward with Vis...
iClick Interactive Asia Group Limited Issues Lette...
 

By accepting you will be accessing a service provided by a third-party external to https://chatpips.com/

 
     
 

Broker Search

Latest Spot Rate

 
23 January 2021
Key risk events today: ECB President Lagarde Speaks. (Previous analysis as well as outside sources – italics). EUR/USD: Weekly gain/loss: +0.79% Weekly close: 1.2170 Weekly perspective:...
23 January 2021
First, a review of last week's events: - EUR/USD. We published a chart seven days ago that clearly showed how the correlation between the S&P500 index and EUR/USD was broken in early January. But now everything is back to normal: the S&P500 c...
23 January 2021
BEIJING, Jan. 23, 2021 /PRNewswire/ -- Huami Corporation ("Huami" or the "Company") (NYSE: HMI), today announced that it will hold its 2020 Annual General Meeting of Shareholders (the "AGM") at Huami Co., Ltd. Building B2, zhongguancun No.1, No.81 Be...
23 January 2021
Market Insights Podcast (Episode 154) - MarketPulseMarketPulse Home/Newsfeed/Podcasts Share 0 Jonny Hart looks back on the week’s business and markets news with OANDA Senior Market Analyst Ed Moya in New York.  This week they discuss the President Bi...
23 January 2021
US Close –Stocks pare losses after record PMIs and housing data, FX, Oil softer post EIA, Gold clawing back, and Bitcoin rebounds - MarketPulseMarketPulse Home/Commodities/Crypto/FX/Indices/Metals/Newsfeed/Oil/Treasuries Share 0 US stocks pared the e...
How It Works | About | Contact | Contributors | Privacy Policy | Advertise
© 2009 - 2021 ChatPips. All Rights Reserved. Terms of Use: The content on this website is solely for educational and informational purposes and is not a substitute for official documentation of the original owners. Daily economic news is provided by third-party website. This site is not operated by, sponsored by, endorsed by, or affiliated with any parties in any way. The website owner, the authors, the publishers, and all affiliates of ChatPips.com assume no responsibility or liability for your trading and investment results. You should always check and confirm with several sources with your licensed financial advisor and tax advisor to determine the suitability of any investment before making your final decision. Your continued usage and browsing of information on this website constitute your agreement to this Terms of Use. If you do not agree, please do not proceed to use this website. Brokers Directory: The companies license information were obtained from respective local jurisdiction. All other company and/or product names are trademarks and/or registered trademarks of their respective owners.