The Voice of Blockchain at the Two Sessions

During the Two Sessions, Golden Finance will collect and organize industry-related proposals and bills to enable readers to understand and grasp the developments of the Two Sessions.

Tan Jianfeng: We should strengthen supervision of the Metaverse market and prevent new digital economic risks

What kind of risks does the "metaverse" bring at present? How should people use the "metaverse" correctly in the future?

Tan Jianfeng, member of the National Committee of the Chinese People's Political Consultative Conference, president of the Fifth Space Information Technology Research Institute, and honorary president of the Shanghai Information Security Industry Association, believes that the digital economy must be integrated with the real economy to deepen its development, and we must be careful to prevent capital from taking advantage of national development plans and hot concepts to create new virtual economic bubbles. In response to the chaos in the "metaverse" market, we should plan ahead for "metaverse" industry supervision, technology research and development, and public opinion guidance.

Tan Jianfeng pointed out that from top-level design to strategic planning, China has the confidence to develop the digital economy, but at the same time, it is also necessary to prevent individuals from taking advantage of policy dividends and cutting investors' "leeks".

Tan Jianfeng particularly emphasized that supervision should, on the basis of adhering to the bottom line and red line, step up the formulation of corresponding norms and rules, guide social capital to invest in original and leading innovation fields, and break through existing constraints to provide a certain degree of tolerance for industrial development. It is also necessary to focus on using technology to build the core competitiveness of the country's digital economy, do a good job in data security protection, and effectively prevent the superposition of various technical, market, business and other risks.

Therefore, Tan Jianfeng suggested:

The first is to study policies in advance and plan industry supervision.

It is recommended that relevant government departments take the lead in supervising companies that operate online communities, online games, and online transactions based on the concept of "metaverse" in accordance with the national "Cybersecurity Law", "Data Security Law", "Personal Information Protection Law", "Announcement on Preventing Risks of Token Issuance and Financing" and other legal regulations.

It is recommended to track and study the new models and mechanisms generated by the concept of "metaverse", and to study and formulate regulatory laws and regulations in advance as needed. For example, formulate a filing and registration system, and a regulatory system for operating transaction models to prevent systemic risks in advance.

The second is to systematically plan the core technologies of the "metaverse".

The technology layer is the leading scenario of the "Metaverse" and a key area of ​​competition for large enterprises and multinational corporations. Seizing the development opportunities of the "Metaverse" industry and proactively deploying key core technologies and major application scenarios is an important direction to occupy the commanding heights of future competition. We must really find something that can be based on our core technology as the basis for the development of the "Metaverse", systematically deploy and invest in related companies in advance at the national level, and change the passive situation of long-term following and being controlled by others in the fields of information technology and the Internet.

The third is to further strengthen public opinion guidance.

The overheated investment in the Metaverse by the capital market and the hot publicity on social media are likely to mislead or have a negative impact on the public. Not long ago, the China Banking and Insurance Regulatory Commission has issued a "Risk Warning on Preventing Illegal Fundraising in the Name of "Metaverse". We should avoid using the "Metaverse" community to guide public opinion and impact financial and economic models. We should advocate a rational view of the crazy rise of Metaverse concept stocks, balance market development, social governance and basic value guidance, and prevent negative guidance effects.

Ma Huateng: With the rise of the concept of the metaverse, speculation has emerged in some areas

Golden Finance reported that at this year's two sessions, Ma Huateng, a deputy to the National People's Congress and chairman of the board of directors of Tencent, mentioned that with the rise of new concepts such as "metaverse", NFT (non-fungible tokens), and Web3, speculation and evasion of reality have appeared in some areas, bringing new risks and hidden dangers in the fields of finance, technology, and social governance. He suggested guiding digital technology companies to conduct research and development in core industries and key areas; giving full play to the leading role of technical standards, promoting the formulation of technical standards for digital transformation, and lowering the threshold and cost of use for traditional enterprises; improving the accuracy and effectiveness of support for digital upgrades for "specialized, sophisticated, and innovative" enterprises; coordinating security and development, and prospectively studying the key technologies and governance rules of the new generation of the Internet; guiding technology, capital and other resource elements to truly flow into the real field; and continuously increasing the digital supply of public services to remote areas and special groups, so that all people can share the results of "digital integration".

Sun Jie, member of the National Committee of the Chinese People's Political Consultative Conference: It is recommended to use blockchain technology to promote the co-governance and sharing of social security for labor personnel in new employment forms

On March 4, the National Two Sessions kicked off. Sun Jie, a member of the National Committee of the Chinese People's Political Consultative Conference, professor and vice president of the School of Insurance at the University of International Business and Economics, brought several proposals this year. Among them, one proposal focuses on the use of blockchain technology to promote the co-governance and sharing of social security for new employment forms of laborers. Sun Jie believes that the social security problems of migrant laborers are caused by objective reasons that are technically inoperable due to the division of regional administrative management and line management at the government level, resulting in the inability to effectively share social security payment information among various administrative entities. The technical feature of blockchain is to solve barriers and information asymmetry. Through the social security blockchain, migrant laborers, employing enterprises, local human resources and social security departments, national human resources and social security departments, as well as local post offices and market supervision departments are connected. The information transmission network built on the blockchain can realize the full process traceability of the reprinting and modification of the trusted media on the chain.

Liu Wei: Seize the opportunities of digital economy and build a digital economy of "Metaverse China"

Liu Wei suggested that the design plan for the "Metaverse China" digital economy should be released as soon as possible to promote the formation of a new social relationship platform that integrates the virtual and the real, immersive interaction, and has a complete regulatory system.

Zhang Jinying, a member of the National Committee of the Chinese People's Political Consultative Conference, suggested establishing a unified legal service blockchain platform

Jinse Finance reported that Zhang Jinying, a member of the National Committee of the Chinese People's Political Consultative Conference and vice chairman of the Municipal Committee of the Chinese People's Political Consultative Conference, who attended the Fifth Session of the 13th National Committee of the Chinese People's Political Consultative Conference, suggested that the people should be able to afford and buy reliable legal services, so that they can truly feel that fairness and justice are around them. Zhang Jinying suggested that a unified legal service blockchain platform be established to unify regulatory standards and realize a new pattern of standardized service processes, public credit, and market-oriented costs. It is also necessary to open up the relevant data interfaces between the platform and relevant judicial administrative agencies to realize a series of legal functions such as digital case filing, file transfer, file checking, investigation, and appointment for meetings between platforms. At the same time, it is necessary to guide qualified colleges and universities to plan to open relevant majors, cultivate outstanding practitioners such as appraisers, appraisers, auctioneers, and notaries, and realize the systematic and professional training of professional practitioners, mainly lawyers.

The Central Committee of the Revolutionary Committee of the Chinese Kuomintang proposed to prevent cryptocurrency ransomware attacks

Golden Finance reported that during the two sessions, the Central Committee of the Revolutionary Committee of the Chinese Kuomintang submitted a proposal on "strengthening the prevention of ransomware attacks and improving the country's cyberspace security defense capabilities," which pointed out that high ransoms have become a huge motivation for committing crimes, especially when ransom payments made in cryptocurrency are difficult to trace. The Central Committee of the Revolutionary Committee of the Chinese Kuomintang suggested strengthening the ability to discover network vulnerabilities; improving infrastructure security response capabilities, and timely patching and upgrading system vulnerabilities; and jointly building a new international cyberspace order.

The Central Committee of the China Democratic National Construction Association proposes to improve the digital RMB system

Golden Finance reported that the Central Committee of the China Democratic National Construction Association submitted a proposal on improving the digital RMB system, suggesting: 1. Improve digital currency legislation and crack down on crimes committed under the guise of digital currency. 2. Standardize the existing electronic payment management system. 3. Accelerate the innovation of digital currency data storage technology and establish a digital RMB data preservation system. 4. Strictly implement two-layer data management to prevent personal data leakage. 5. Develop cross-channel digital RMB payments, design digital RMB financial products, and improve inclusiveness.

Tan Jianfeng, member of the National Committee of the Chinese People's Political Consultative Conference: Strengthen supervision of the Metaverse market and prevent new digital economic risks

Golden Finance reported that at this year's National People's Congress, Tan Jianfeng, member of the National Committee of the Chinese People's Political Consultative Conference, president of the Fifth Space Information Technology Research Institute, and honorary president of the Shanghai Information Security Industry Association, submitted a proposal entitled "Proposal on Strengthening Supervision of the Metaverse Market to Prevent New Digital Economic Risks". Regarding the currently popular concept of "Metaverse", Tan Jianfeng said that from the perspective of the development history of the Internet, the public opinion governance, transaction supervision, personal privacy protection and even national sovereignty maintenance of the online virtual society are severe challenges, and are still being explored and improved. "Metaverse" will bring greater challenges to the aforementioned issues. At present, NFT virtual artworks based on blockchain technology (such as cartoon portraits, electronic oil paintings) have become popular in the "Metaverse", and their supervision is not perfect. Relevant industry regulatory departments should study regulatory policies in advance to prevent possible systemic risks.

Guo Xinming, President of the Nanjing Branch of the People's Bank of China: The legal basis of the digital RMB should be improved

On March 3, Guo Xinming, deputy to the National People's Congress and president of the Nanjing Branch of the People's Bank of China, suggested that the relevant contents of the RMB management regulations and other systems be revised and refined in conjunction with the digital RMB research and development pilot process. On the basis of clarifying the legality of the digital RMB, the acceptance process and technical requirements of the digital RMB should be fully considered, and exceptions or exemptions should be made for the legality of the digital RMB. Specific and clear provisions should be made on the issuance process of the digital RMB, anti-money laundering, anti-counterfeiting, personal information protection, consumer rights protection and other issues.