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Attended 2018International Digital Economy Summit, "Blockchain + Social E-commerce" Caught Attention


Recently, sponsored by China International Electronic Commerce Center, International Digital Economy Expo Organizing Committee, Shijiazhuang People's Government, supported by Micro Valley China and "Social E-Commerce Review" magazine, the 2018 International Digital Economy Summit and International Social New Retail Leaders Summit" held in Shijiazhuang International Convention and Exhibition Center.



2018 International Digital Economy Summit and International Social New Retail Leaders Summit


With the theme of“Unbounded Retail”, the conference focused on current hot topics such as social e-commerce, digital entertainment, scene innovation, and technological revolution and so on to discuss, focused on the survival and development of 50 million social e-commerce entrepreneurs, And committed to building a peer-to-peer, open and fair business environment for the underlying dynamic architecture of China’s digital economy.


Jian Sun, CEO of SEC Ecological Project Tongzheng Holdings Technology Co. Ltd. (Following referred to as“Tongzheng Holdings”), was invited to attend the conference, and discussed the topic of “How to Empower Social E-Commerce”in the theme forum “Kinetic-Energy, Potential-Energy and High-Energy”with other participants.


CEO of Tongzheng Holdings Jian (second from left) exchanging in the Summit


SEC Social Ecommerce Chain is the world's first public chain project of Blockchain based on trust relationship to promote e-commerce socialization, decentralization.  It aims to solve the problem of the transmission mechanism of trust between people on specific goods. The problem of trust delivery mechanism. During the conference, Jian explained how the Tongzheng holdings and the Social Ecommerce Chain empower the social e-commerce industry from the following three aspects:

The first is trust empowerment. Trust is the core of social e-commerce. All the sharing and purchasing behavior of social e-commerce is based on trust. How to build a new generation of social e-commerce platform based on non-tamperable and distributed trusted commercial underlying protocol will be the next opportunity. The SEC social e-commerce chain is a trusted blockchain book for the industry. Traditional companies can easily develop their own DAPP based on the SEC main chain, thus entering the era of“Blockchain+Social E-commerce”and promoting the booming development of social e-commerce industry.


The second is data empowerment. In the era of digital economy, data security has become a top priority. The SEC better protects user privacy through encryption and distributed storage technologies of blockchain. At the same time, the blockchain technology makes data to be truly attributed to users and allows users to obtain more rights from the data, thereby generating users self-drive and promoting the prosperity of the community.


The third is value empowerment. Social e-commerce can't just stay on the sales distribution, but also let users share the capital premium of the platform. At present, many social e-commerce platforms are still locking and stimulating users in the way of sales distribution, but as the market competition intensifies, the market arbitrage space disappears, and users will be numb to the distribution mode. The pain point of social e-commerce industry can be solved through the“Token+Economic Model”, which enables each role in the business ecosystem that participate in value-creating to share value fairly, and forms a fair and transparent economic incentive mechanism to promote collaborative efficiency and ecological prosperity.


The SEC helps the social e-commerce industry to restructure trusted underlying protocols through a trusted blockchain account. At the same time, Tongzheng Holdings and the SEC have also summarized a set of "Token+ Economic Model" design scheme for traditional e-commerce, WeChat business and the direct-sales industry through continuous self-learning, research and practice, to help them achieve the transformation and upgrading of the “tokenization”. At present, the SEC has served a number of direct-sales companies and WeChat business teams, accumulated industry experience and reputation, and will continue to try hard for promoting China's digital economy.


The conference focused on social e-commerce and the new retail industry, and the big coffee gathered in the spotlight. The industry experts, represented by Lihui Peng, the Secretary-General of the China Electronic Chamber of Commerce, Xudong Zhao , the Former Deputy Director of the Civil Administrative Prosecutor's Office of the Supreme People's Procuratorate and legislative expert of the Chinese E-commerce Law magazine, gathered there to share the social responsibility and value innovation of enterprises in the digital economy, to facilitate the integration of digital economy and the real economy.

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