On December 10, 2020, as the main sponsor, BitCherry was invited to participate in the Paris blockchain week PBWS 2020. As the largest blockchain and digital asset activity in Europe, the conference gathered blockchain enterprises, investment institutions, media and more than 1700 blockchain enthusiasts from all over the world. Paul, founder and CEO of BitCherry, attended the round table discussion as a special guest. The participants discussed the latest progress of French blockchain industry from four aspects: technology construction, open finance, enterprise blockchain and legal compliance.
At the round table forum, Paul, founder of BitCherry, expressed his views on the ease of use of blockchain technology in the business field. He said: "the financial attribute of blockchain itself provides enterprises of various countries with opportunities to use new business models. The development of blockchain finance mainly includes two aspects: first, blockchain transformation of traditional enterprises; second, innovative financial products based on digital assets. With the large-scale layout of blockchain in traditional enterprises and the popularization of digital asset financial application based on blockchain, the commercial usability of blockchain technology has become an important problem restricting the transformation of traditional enterprises. As a technology pioneer in the industry, bitcherry will provide friendly and easy-to-use blockchain infrastructure for global enterprises through its profound technical strength, support customized blockchain applications in different business scenarios, and provide complete business level blockchain solutions. Our test network will soon be launched for testing, and the online test network will accelerate this process. "
When talking about the compliance of BitCherry's global blockchain gold integration, Paul said: "the issue of blockchain financial compliance also includes two aspects: first, the original financial business already has the compliance process requirements, how to realize the original compliance process requirements after using the blockchain solution; second, based on the digital asset investment, such as the innovative financial business such as defi At present, many countries lack a perfect regulatory framework for blockchain finance. At present, blockchain finance is mainly used as a supplement or extension of the traditional financial model, and is restricted by the financial regulatory acts of different countries. However, according to the current development trend, the financial regulatory provisions will not remain unchanged. At present, more and more countries have realized the importance of blockchain finance. With the development of blockchain technology, blockchain innovation finance is bound to transform the global financial system in the future. Countries should build a sound and reasonable regulatory framework for blockchain finance as soon as possible. "
Blockchain is an important technology with potential to contribute to global enterprises and economy. The French government has always maintained an attitude of actively promoting the development of blockchain technology. It has not only established an attractive legal framework for the issuance of general certificates and digital asset service providers, but also plans to invest 4.5 billion euro in innovative technologies including blockchain technology in five years to promote the development of blockchain technology in France. In only one year, France has exceeded the Over 200 blockchain innovation projects. Such a development strategy makes France expected to maintain a leading position in the global competition in blockchain technology and become the next blockchain industry center country.
As a blockchain project with strategic layout in French market, BitCherry is committed to promoting the digital transformation of traditional French enterprises by promoting the iteration and commercial applicability of blockchain technology. In the future, BitCherry will also provide blockchain technical support and ecological support for the business fields of France and more countries in the world through its own blockchain ecosystem.