[PRNewswire] Founder of SCRY.INFO Eva Foo Speaks on Blockchain-based
Reputation Economy at Davos 2018
(DAVOS, Switzerland, Jan. 29, 2018 PRNewswire=연합뉴스) On January 25, the World Economic Forum Annual Meeting 2018 was held in snow-covered Davos-Klosters, Switzerland. Eva Foo, founder of SCRY.INFO, an international geek development team, was invited by the United Nations World Bank to share cases of international transaction data application based on blockchain technology. She also spoke about the revolutionary role played by blockchain value agreement in eliminating inequality and driving altruism in existing business forms. The young founder made a strong impression with her speech and further discussed and exchanged her points of views with the guests and politicians from various countries.
Eva began her speech with a famous quote from the movie Field of Dreams, "Build it and they will fill it". According to her, everyone is now in a global digital network and it is expected that the global data volume will reach 40 ZB by 2020, which is equivalent to 4 trillion GB of objects with each individual equal to a folder or a database. The era of blockchain reputation has come, and blockchain has a huge potential to change the whole industry thoroughly. Everyone is an international digital asset that pays for his/her birth, consumption and travel.
Based on the blockchain distributed system with tamper-resistant data contract and automatic data exchange, we can give full play to the rapid innovation and development capability in the new era, which can help financial institutions around the world to perform transformation. The traditional banks should not only look to digital transformation, but also further improve the experience of international financial users, as well as discover new insights and perfect the quality of timely decision-making by transaction judgment with blockchain-based smart contracts.
In the fields of stock trading and food safety in the third world, the predecessor of SCRY, which was a blockchain startup technology company started in China, has implemented international development, with the operation of blockchain data contract record transaction and financial supply chain rating for three years. With the support of the World Bank and multiple international banks, it has helped more than 600,000 agricultural growers to create market value of over 300 million USD with extremely low operating costs. With digital rights tracking and transnational commodity transaction with smart contract for each cattle or sheep, we have helped the agricultural producers, among which only 2.7% have signed up for a bank account, obtain extremely low interest bank loans and produce high quality agricultural products which meet EU safety standards.
In the realm of blockchain, we make market judgment and settlement as per the presupposed contract transaction rules under the philosophies of integrity, transparency and mutual assistance.
In order to survive in the changing environment, the leaders of international banks and financial service institutes have become more flexible on data processing. We suggest more industries begin to participate in the application of blockchain technology for the improvement of business interaction, discovery and decision-making capability. Increasing interaction will improve communication and cooperation, which then support more customized and effective services. New discovery tools and capabilities are able to uncover the hidden insights in the data so as to promote the development of innovative products and services. Finally, the decision-making capability with more accuracy and timeliness can provide more individual suggestions to customers and improve the decision-making in terms of risk prevention, safety and fraud detection.
Source: SCRY.INFO
[편집자 주] 본고는 자료 제공사에서 제공한 것으로, 연합뉴스는 내용에 대해 어떠한 편집도 하지 않았음을 밝혀 드립니다.
(끝)
출처 : PRNewswire 보도자료
본 콘텐츠는 제공처의 후원을 받아 게재한 PR보도자료입니다.
Reputation Economy at Davos 2018
(DAVOS, Switzerland, Jan. 29, 2018 PRNewswire=연합뉴스) On January 25, the World Economic Forum Annual Meeting 2018 was held in snow-covered Davos-Klosters, Switzerland. Eva Foo, founder of SCRY.INFO, an international geek development team, was invited by the United Nations World Bank to share cases of international transaction data application based on blockchain technology. She also spoke about the revolutionary role played by blockchain value agreement in eliminating inequality and driving altruism in existing business forms. The young founder made a strong impression with her speech and further discussed and exchanged her points of views with the guests and politicians from various countries.
Eva began her speech with a famous quote from the movie Field of Dreams, "Build it and they will fill it". According to her, everyone is now in a global digital network and it is expected that the global data volume will reach 40 ZB by 2020, which is equivalent to 4 trillion GB of objects with each individual equal to a folder or a database. The era of blockchain reputation has come, and blockchain has a huge potential to change the whole industry thoroughly. Everyone is an international digital asset that pays for his/her birth, consumption and travel.
Based on the blockchain distributed system with tamper-resistant data contract and automatic data exchange, we can give full play to the rapid innovation and development capability in the new era, which can help financial institutions around the world to perform transformation. The traditional banks should not only look to digital transformation, but also further improve the experience of international financial users, as well as discover new insights and perfect the quality of timely decision-making by transaction judgment with blockchain-based smart contracts.
In the fields of stock trading and food safety in the third world, the predecessor of SCRY, which was a blockchain startup technology company started in China, has implemented international development, with the operation of blockchain data contract record transaction and financial supply chain rating for three years. With the support of the World Bank and multiple international banks, it has helped more than 600,000 agricultural growers to create market value of over 300 million USD with extremely low operating costs. With digital rights tracking and transnational commodity transaction with smart contract for each cattle or sheep, we have helped the agricultural producers, among which only 2.7% have signed up for a bank account, obtain extremely low interest bank loans and produce high quality agricultural products which meet EU safety standards.
In the realm of blockchain, we make market judgment and settlement as per the presupposed contract transaction rules under the philosophies of integrity, transparency and mutual assistance.
In order to survive in the changing environment, the leaders of international banks and financial service institutes have become more flexible on data processing. We suggest more industries begin to participate in the application of blockchain technology for the improvement of business interaction, discovery and decision-making capability. Increasing interaction will improve communication and cooperation, which then support more customized and effective services. New discovery tools and capabilities are able to uncover the hidden insights in the data so as to promote the development of innovative products and services. Finally, the decision-making capability with more accuracy and timeliness can provide more individual suggestions to customers and improve the decision-making in terms of risk prevention, safety and fraud detection.
Source: SCRY.INFO
[편집자 주] 본고는 자료 제공사에서 제공한 것으로, 연합뉴스는 내용에 대해 어떠한 편집도 하지 않았음을 밝혀 드립니다.
(끝)
출처 : PRNewswire 보도자료
본 콘텐츠는 제공처의 후원을 받아 게재한 PR보도자료입니다.
