I'm in the county town, and you say I'm a big shot?

Chapter 634 We'll Make the Rules of the Game

“Okay, okay, but this is not easy to handle,” Fang Qingye said.

"It's not easy to deal with Party Secretary and County Head, but what's so difficult for you?"

"Alright, we're colleagues, so don't flatter me. I'll go to the Liulin branch now." Fang Qingye glanced at her watch: "There's still time."

"Thank you for your hard work. I'll stay home."

As Zhao Wenjun watched Fang Qingye's retreating figure, she couldn't help but sigh inwardly.

The bank manager has really gone too far; even the top two officials in the county are coming to him for favors.

However, Jinghai Bank is a major taxpayer in the county, ranking second only to Biyadi at the end of last year.

If you include the two hundred million yuan that was distributed to the county as dividends, then it has already secured the top spot!
This does not even include the taxes from Huacheng Development and Yuxiang Natural Gas!

This is the county's god of wealth! He can basically do whatever he wants in the county. Otherwise, the former manager of the city investment company would have argued with Fang Qingye and gone to the county head to complain, resulting in him losing his position as general manager! He was reassigned to be the director of the county welfare factory, where he now lives with a bunch of disabled people.

Isn't that unlucky?

Is it possible that there are rumors circulating in the county that it's better to offend Fang Qingye's second uncle than to offend Fang Qingye himself?
Offending Deputy County Chief Fang might only result in him making things difficult for you later, but offending Fang Qingye could cost you your job immediately!
Meanwhile, Fang Qingye was on her way to the Liulin branch, and she was also thinking about this matter.

Try reporting to the central bank leadership first. If that doesn't work, then we'll think of another way. Keeping tax revenue in our hometown is also a contribution to our hometown.

Director Luo told me that Vice President Pan is in Shanghai for a meeting and will also be visiting the branch for research. I'm wondering how to report to him.

Just as Fang Qingye was pondering how to help the county leaders recover the value-added tax from the Pudong branch, across the ocean in the United States, a groundbreaking innovation based on blockchain technology was creating a huge wave in the financial industry.

In an office building on Wall Street in New York, three men are raising champagne in celebration.

"Today marks two months since the founding of our R3 company. Cheers!"

"cheers!"

Two months after a company's founding is not particularly significant, but it's different for R3. Yesterday, Goldman Sachs announced that it had joined the alliance initiated by R3!
“I suggest we rename R3 to R3 CEV, because to be precise, we’re not forming a company, but an alliance!” The speaker was a man in his thirties with a thick beard and a somewhat pale face. His name was David Rutte, a former executive at ICAP in the UK.

ICAP is a leading global provider of financial market brokerage and post-trade services, specializing in the over-the-counter (OTC) market. After resigning from his job, he moved to New York City and co-founded R3 with friends. The name is an acronym formed from the first letters of the three partners' names.

R—Rutter: David Rutter, the company's founder and CEO. A Wall Street veteran with excellent industry connections and reputation, he is a key figure in bringing global financial institutions to the alliance.

R—Roberts: Jesse Edwards (formerly known as Jesse Edwards Roberts) is primarily responsible for business development and strategy.

R—Robinson: Todd McDonald (formerly known as Todd Robinson) is the Chief Platform Officer, primarily responsible for technology strategy and partnerships.

R3 is a blockchain software company focused on enterprises. It does not promote Bitcoin, but rather tailors a distributed ledger technology based on blockchain principles for financial institutions. It has independently developed a distributed ledger platform called Corda, with the goal of creating an open but permissioned ecosystem.

Corda has received recognition from Goldman Sachs, one of the four largest investment banks in the United States, and has announced its membership in R3 CEV (R3 Consortium)!
"With Goldman Sachs joining, I think Morgan Stanley, Citigroup, and other financial giants will soon follow. Our R3 CEV will become the world's only 'permissioned' enterprise-grade distributed ledger! We will focus on building a complete financial ecosystem!"

"cheers!"

"cheers!"

The three raised their champagne glasses once more.

Suddenly, Todd McDonald said, "I've heard that a company in China called Zhiyun Technology has created a blockchain-based payment system called SCP."

“I’ve heard that too. They’ve set up an office in New York and are promoting their SCP on Wall Street,” Jesse Edwards chimed in.

“I have studied SCP carefully, and it is indeed very powerful. It is the first commercial software based on blockchain technology,” David Larter said. “However, compared to our Corda, it is not on the same level. They are just a payment system, while Corda is a platform. Based on this, we can build a complete fintech ecosystem and include their so-called SCP!”

After saying that, a slight smile appeared on David's pale face. "Goldman Sachs has explicitly rejected SCP," Jesse added.

All three of them wore knowing smiles.

The news of the formation of R3 and the joining of Goldman Sachs to form the R3 alliance was published online, but it was quickly buried in the countless news items every day. However, it was noticed by a Chinese girl.

University of Chicago.

A beautiful young woman wearing a turtleneck sweater is sitting at her computer, intently reading a news article. That woman is Huang Tao.

I have been studying for my master's and doctoral degrees at the University of Chicago for five years. My master's studies focused on quantitative investment and algorithmic trading, including building statistical arbitrage strategies, high-frequency trading algorithms, and factor model optimization.

However, during his doctoral studies, he changed his research focus to fintech and blockchain!

He is very interested in news related to blockchain, such as DeFi protocol design and smart contract security verification.

Huang Tao frowned slightly as she read the news article about the "R3 CEVCorda platform," immediately realizing that something was amiss.

Regarding blockchain technology, Bitcoin is currently the most studied technology in the world, but the Corda platform is quite different from it.

Data sharing: Corda is participant-only; Bitcoin: globally shared (all nodes have all data).
Consensus mechanisms: Corda: Transaction validity consensus (all participants agree); Bitcoin: Global order consensus (all nodes agree on the transaction order).
Privacy: Corda: Extremely high; Transaction content confidentiality: Bitcoin: Extremely low.

Interesting, I need to study this carefully.

Huang Tao made herself a cup of coffee and began to carefully search on her computer.

"Golden Peach! Time to eat!" The dormitory door opened, and a girl with flaxen hair came in. Her name was Lily. She was from California and had been Huang Tao's study partner during her master's studies. The two were very close.

"Please bring me a pizza, please," Huang Tao replied without turning her head.

Lily shook her head.

My friend plays games like crazy, loves anime and manga, and often cosplays as various beautiful young girls from Japanese anime.

However, his academic pursuits can be quite intense; he often stays in his dorm room for days and nights without leaving, as seen today.

"OK, take care of yourself." Lily left, closing the door behind her.

This time, Huang Tao stayed in the dormitory for two whole days, her hair disheveled and her face pale.

"That was horrible," she muttered as she closed her laptop and sprawled out on the bed.

If this Corda platform is fully built, and R3 CEV is formed, it could very well shut out the Chinese banking sector.

Want to join? Then you must follow our rules!
Because we made the rules!

We need to find a way to counter it.

However, there are not many teams in China researching blockchain technology, and most of them are focused on cryptocurrencies such as Bitcoin, with very few researching distributed ledger technology!
By the way, doesn't my husband own a company called Zhiyun Technology that's also researching blockchain? They've even developed a new generation of payment systems.

Huang Tao suddenly thought of this.

Could his company give it a try?

Huang Tao immediately sat up, picked up her phone, and without caring what time it was, opened WeChat, clicked on "Donghai Angler" to request a video call.

(End of this chapter)