PR86507

SHANGHAI, Nov. 9, 2020 /PRNewswire=KYODO JBN/ --

On November 6, Mr. Adkins Zheng, Chairman of Thousand Cities Strategic

Algorithms Cloud Technology (TCSA), together with diplomatic representatives

from 20 countries, adopted a "Declaration of Action for Global Stability, Prosperity

and Freedom" in Shanghai, the host city for the third China International  Import

Expo (CIIE). The Declaration underscores the importance of developing  national

governance systems and socioeconomic systems that are more targeted, scientific and effective.

https://mma.prnewswire.com/media/1330075/TCSA.jpg 

(TCSA Leads 20 Different Countries in a Global Declaration of Action)

For the last few centuries, the frameworks of economics, society and statecraft

have not undergone true structural improvement. Increasingly and with great

urgency, the world is discovering that the traditional frameworks in place have

struggled to bear the sheer density of the modern world's population, supply

and demand, industries and information overload. To tackle these issues, each

country must begin to develop national governance systems and socioeconomic

systems that are far more accurate and efficient than those in place today.

Citizens of all nations now live in a rapidly changing society driven by

information and technology, and the world desperately needs to sift through

overwhelming mountains of data to extract objective, logical and accurate

conclusions. For example, as far back as the first code of law was etched onto

a stone tablet, populations have known that social order, from its inception to

its reform and improvement, begins and ends with information and the

restructuring of information. Today, advanced and scientific ideas must move

beyond the pages of academic papers and be integrated into precise, digital solutions

that are then systematically applied towards the betterment of human civilization.

In today's digital age, the most ubiquitous and causally-oriented carrier of

information is monetary transaction data. By utilizing this data as an

information source, it is possible to build highly effective, targeted

frameworks and instruments for social order. The most practical path towards

truly enhancing or reforming a nation's governance system is to transform its

central bank's monetary system into a "National Economic Data Brain".

From this perspective, TCSA has boldly imagined a new way forward – harnessing

an open-minded economic approach and open-sourced data technology to serve

governments and central banks worldwide in the following customized goals:

To build independent market systems for basic societal assets such as

infrastructure, food, transportation, housing, health, education, social

welfare, public safety and various other public goods. In turn, governments can

create general employment and productive opportunities related to these market

systems, focus on the basic interests and rights of their citizens, strengthen

the social contract and trust between the state and people, and ultimately

achieve social stability.

To achieve an average annual GDP increase of 0.5 to 1.5 per cent through a

multilayered approach involving the localization of Basic Societal Assets

Market Systems, as well as the globalization of technology and industrial

market systems.

To provide logically reliable and cost-effective data infrastructure projects

and system installation services for central banks and payment terminals, in

order to build an overarching algorithmic sovereign currency system on top of

existing electronic and digital payment schemes, ultimately helping each

country establish a more stable and independent currency system.

TCSA's Global Affairs department has established multilingual task forces in

English, Russian, Spanish, French and Arabic to provide technology transfer

consulting services for central banks and national governments on all

continents. These TCSA professionals advise central governments, monetary

authorities, international organizations, political parties, industry experts,

academic researchers and business leaders; contribute resources, wisdom, and

capabilities and apply noble ideals cutting-edge data technologies – all in the

pursuit of optimizing Hayek's free market efficiencies, clarifying the

boundaries of supply and demand in Marx's public-oriented theories, upgrading

the obscure Keynesian state interventionist economic model to a precise

data-driven market economy model, and ultimately leading society to a greater

future of freedom, stability and prosperity.

SOURCE  TCSA

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