Country for PR: China
Contributor: PR Newswire Asia (China)
Thursday, January 14 2021 - 01:49
SCO Secretariat, TCSA jointly host "National Data Brain" Summit
BEIJING, Jan. 13, 2021 /PRNewswire-AsiaNet/ --

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: 


Image Attachments Links:


   Caption: SCO Secretary-General Vladimir Norov


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

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