PR87608

BEIJING, Jan. 13, 2021 /PRNewswire=KYODO JBN/ --

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 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.

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/

SOURCE  TCSA

Image Attachments Links:

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   Caption: SCO Secretary-General Vladimir Norov

   Link: http://asianetnews.net/view-attachment?attach-id=382137

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