BEIJING, Jan. 14, 2021 /PRNewswire/ -- The Secretariat of
the Shanghai Cooperation Organisation (SCO) and the Thousand Cities
Strategic Algorithms (TCSA) jointly held a summit on "National Data
Brain: Driving Societal Stability and Economic Revitalization" on
Tuesday in Beijing.
As a part of the 20th anniversary of the SCO, the summit was
attended by the SCO member states, observer states, partner states,
ambassadors, diplomatic representatives of the Association of
Southeast Asian Nations (ASEAN) and the League of Arab States
(LAS), as well as well-known Chinese entrepreneurs.
According to SCO secretary-general Vladimir Norov, who made opening remarks on the
summit, SCO states are making joint efforts to build an
effective financial mechanism for data-driven economic development.
An in-depth understanding of TCSA's solution can help achieve the
goal of tightened cooperation using innovative technologies.
This summit provided a technological blueprint for an upgrade in
macroeconomic governance, said Vladimir Norov, adding
that he hoped that the summit could accelerate the
construction of National Data Brain in various countries to achieve
societal stability and economic revitalization for all SCO
states.
Adkins Zheng, chairman of TCSA,
expressed his gratitude for SCO's recognition and support, and gave
a detailed presentation on the construction of the National Data
Brain.
TCSA pioneered a novel model for data transmission, storage,
computation, and application across a massive range of dimensions,
said Zheng, adding that serving like the CPU of the national
economy, this data architecture can reduce data processing costs
exponentially.
As the first international consultancy to serve visionary
central governments in the establishment of digitalized national
macroeconomic systems through the construction of National Data
Brain, TCSA has won widespread recognition from authorities and
academia such as the World Bank and IMF.
Currently, TCSA is promoting cooperation with central
governments and central banks in 50 countries, among which, five of
them have entered the signing process and two of them have signed
cooperation agreements. About TCSA: https://tcsa.cloud/
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