Bitcoin "reborn" with a new identity, big names discuss the development of Internet finance in Xiamen

September 10, Xiamen (our special correspondent Wen Jie, Xie Tianshi, intern Tao Cong) On the morning of the 10th, many Internet finance industry bigwigs gathered in Xiamen to attend the 3rd (2016) Internet Finance Summit to discuss the development direction of China's Internet finance in the first year of regulation.

As one of the important theme forums of CIFIT, the Internet Finance Summit has been successfully held for two consecutive sessions. This summit is jointly hosted by well-known media such as Strait Herald, Fujian Daily, Xiamen Observer, Southeast Net, Xiamen Window, etc., co-organized by Miaoqian|Shicaidai and Pangmao Online, and jointly undertaken by Strait Business Magazine, Xiamen Shanshui Tiancheng Cultural Communication Co., Ltd. and Sanjiao Media (Xiamen) Internet Media Co., Ltd., and guided by China Internet Finance Association and Xiamen Conference and Exhibition Affairs Bureau. In addition, Giant Business School (formerly Giant Business School), Xiamen Internet of Things Research Institute, Fujian Branch of China Overseas Development Association, Xiamen Taiqian Lundao Asset Management Co., Ltd. and other institutions provide support for this forum.

It is worth noting that Southeast Net Xiamen Window will broadcast the summit live via mobile phone video, so netizens can easily understand the on-site dynamics and listen to the guests' wonderful speeches using their mobile phones.

Cai Kailong, founder of Dianshi Asset Management and co-founder of the Internet Finance Thousands of People Club, delivered a keynote speech

Cai Kailong: Talking about the "new favorite" blockchain has the "gene" of Bitcoin

On that day, Cai Kailong, founder of Dianshi Asset Management and co-founder of the Internet Finance Thousand People Club, Liu Xianjue, founder and former chairman of Global Life, executive supervisor of the Taiwan Life Insurance Commercial Association and chairman of Putianli Investment Co., Ltd., and Guo Longxin, a local Internet finance newcomer and CEO of two Internet finance companies, Miaoqian and Shicaidai, gave keynote speeches respectively.

In the past one or two years, Bitcoin has experienced ups and downs and has disappeared from the public's view at a very fast speed. However, the "gene" of Bitcoin has "re-emerged" as "blockchain" and has become the "new favorite" of FinTech (financial technology). Cai Kailong pointed out that whether it is Bitcoin or blockchain, they are not mysterious, and their common feature is that they cannot be tampered with. This feature can be used to authenticate and identify academic degrees, jewelry, and luxury goods.

"Blockchain has possible application scenarios in industries such as investment, cash services, capital markets, transactions, payments, and international trade," Cai Kailong emphasized. "In the financial sector, blockchain cannot be ignored, and its application scope has reached a very wide range."

Liu Xianjue, Chairman of Putianli Investment Co., Ltd., delivered a keynote speech

Liu Xianjue: The most primitive Internet insurance is blockchain

According to statistics, the global insurance industry has annual premium income of 4.5 trillion US dollars, but there are only more than 700 Internet insurance startups. Compared with the premium income of 4.5 trillion US dollars, Internet insurance is an emerging industry.

Liu Xianjue believes that the most primitive Internet insurance is blockchain. With the help of the Internet, the Internet of Things, wearable devices, and big data, traditional insurance can be extended and improved in many ways, providing more humane tips and insurance solutions.

Guo Longxin, CEO of Miaoqian and Shicaidai Internet Finance Company, delivered a keynote speech
Guo Longxin: Supervision makes Internet finance have parents

2016 is known as the "first year of Internet finance regulation". Recently, the China Banking Regulatory Commission issued the "Guidelines for Online Lending Funds Custody Business (Draft for Comments)" to all banks, which put forward more specific requirements for banks to connect with P2P funds custody business. Under this regulatory pressure, the Internet finance industry has intensified its reshuffle. According to statistics, taking P2P, a typical representative of Internet finance, as an example, a total of 515 platforms withdrew from the industry in the first half of the year.

Some people say that Internet finance is experiencing a "cold winter" under the regulatory environment, but Guo Longxin does not think so. He believes that this regulatory approach will give rise to some new business models or changes in new technology fields. Going back to the essence of the Internet and the essence of finance, the essence of the Internet is decentralization and disintermediation. "The essence of Internet finance is to connect people with money, people who provide money, and people who need money in the shortest process, the highest efficiency, and the most transparent way." Guo Longxin said that under this understanding, the arrival of regulation has made Internet finance a "child with parents".

7 guests discussed "New Trends in Internet Finance"

Roundtable Forum Explores New Trends in Internet Finance Development

The guests also discussed the topics of "Internet finance investment trends" and "Internet finance outlook under strong supervision" and presented two high-quality and high-level roundtable forums to the guests. Cai Kailong, Liu Xianjue, Han Depeng, CEO of Gome Gold (Multilateral Jinbao Commercial Co., Ltd.), Lu Zongwei, CEO of Shishang Finance/Partner of Hejun Consulting, Le Tian, ​​General Manager of Inner Mongolia Haoyurunwu Electronic Technology Co., Ltd., Pu Fanqiang, Chairman and General Manager of Beijing Xiangjiandai Technology Co., Ltd., and Wanqian, CTO of Beijing Gukebao Technology Co., Ltd., explored the new trends of Internet finance development.

5 guests talked about "The Outlook of Internet Finance under Strong Regulation"

As the guest host, Xin Wang, a senior new finance expert, president of the Economic Observation Research Institute, and secretary-general of the New Financiers Alliance, sat around the table with guests including Wu Xuchuan, deputy director and secretary-general of the Internet Finance Research Center of the China Finance Institute, Guo Longxin, CEO of Miaoqian, and Zhou Zhihan, general manager of Kaixindai, to discuss the prospects of Internet finance under strong supervision.

As a city with an early start and relatively complete development of Internet finance in China, Xiamen currently gathers a large number of excellent Internet finance enterprises. At this forum, local Internet finance entrepreneurial elites from Xiamen, including Zhang Jun, CEO of Paipaidai, Zhou Zhihan, General Manager of Kaixindai, and senior executives of Miaoqian, shared their business philosophy with domestic and foreign guests, sparked ideas, and diagnosed the healthy development of Internet finance enterprises under strong regulatory pressure.