Interview with Mr. Xiaochen Zhang, President of FinTech4good on the opportunities and challenges using blockchain in FinTech space, Mass adoption, startups, and much more.
Kabilan: Greetings. I hope you’re all having an amazing day. We have a very special guest today here on Wimplo news. I’d like to introduce you all to Xiaochen Zhang, the president of FinTech4good, a company that’s helping the blockchain will develop and transition to the next phase. So we’re really excited to have him here. So without any further adieu, let’s get started with the interview. Please introduce yourself and, tell us how you got involved with blockchain and the fintech domain?
00:00:37 Zhang: Sure. Thank you for the invitation and my name is Xiaochen Zhang and a president of Fintech4good. And we are a blockchain and Fintech incubator accelerator in the investor. And we also have a media platform like we’ve produced the blockchain TV shows. And also we organized the Responsible Blockchain World Championship (RBWC) program.
So mainly our mission is to really, identifying the blockchain and Fintech startup and help them to grow into a new market. And before Fintech4good, I worked for World Bank and United Nations, identifying the innovative financial instruments and then using world banks instrument to disseminate those innovative financial instruments, to incentivize an elaborate private capital to for growth in different countries. Yeah.
00:01:45 Kabilan: That’s wonderful to hear. Thank you for sharing and thank you for the brief introduction. So what I would like to know is, and what our viewers will be really curious to know is about our RBWC. So how exactly has it impacted the blockchain ecosystem so far?
00:02:04 Zhang: Our championship is to one of our initiatives starting from 2018. And the idea was that we bring 10 countries together and in each country that, we identifying the country’s top, the blockchain leaders, who won the championship, then brand each countries winner to compete for the world championship. Last year we organized the China RBWC in Shenzhen together with a few other partners. And we engaged with the most influential blockchain investors. And we invite them to recommends a blockchain startups to enter into the competition all together that we received a more than hundred submission. And from them, we select the top 23. And, so then we invite all the 23 companies to just pitch in front of all other investors.
And, we got the top five selected by the investors and among that have five that, so we have the popular ledger company, we have blockchain for energy, and also blockchain combined VR and AI. So it’s kind of mix of a very exciting blockchain popularly public ledger and the public and distributed applications. And we engage with the government agencies with the large corporations and with the investment community and also with the startups and the RBWC we’re able to bring everyone together in one place and the sharing the most innovative solution and some of the solution is going to scale up by many of the agencies who participated in this. And we think that RBWC is one of the initiatives, which helps to mobilize the support for the technology adoption in China. And, we are now taking RBWC China to compete in other countries.
00:05:04 Kabilan: Excellent. I think the news about RBWC is really exciting and I’m very sure that a lot of startups and companies would be really excited to participate and enter this event. So ideally, regarding the competition so far, who exactly would you consider your ideal targets for the blockchain accelerator program and why would you, particularly target these kinds of startups or participants?
00:05:39 Zhang: And acceleration program we have developed responsible blockchain innovation framework. And the main target is green, the other is innovative and the third is inclusive. So from the inclusive side that the blockchain technology has to just to help those marginalize the group to be included in the economy, the opportunity, minority group, to just participate in the whole innovation process. And number two, there are many examples, blockchain for gender issue; blockchain for refugee; blockchain-based digital identity for the poor and those kinds of solutions, which really helped to address the inclusive challenge we are facing. The number two is green. In Green, we also have two indicators and either it helps to mitigate the risk or it helped to increase the adaptive capacity.
And the examples are blockchains for renewable energy and the blockchain for disaster relief. Blockchain for renewable energy is very clear, blockchain technology to reduce cost in renewable energy production. And also using peer to peer trading platform can just the connect to the producer, or producer and the consumer together and avoid the middleman so that can just improve the efficiency. And when we produce more and consume more renewable energy, we can mitigate the climate emission, greenhouse emission and the from that disaster relief side, it’s very clear that, through blockchain based solution, we can just help those who suffer from disaster to resave relief, no matter financial relief or from the other capacity input in a more effective way.
And we can just help the city or even the country to improve its capacity. Number three is innovative; no matter the technology is adaptive innovation or is a frontier innovation; no matter what a technology in which to help us to just a move that curves to the next level. If you are using blockchain as a name to just advance, business model, which is nothing new, nothing innovative than we are not going to look at it.
The good example is the Bitcoin ATM machine for example, and it is very clear, it’s useful and investors also invest in Bitcoin ATM machine, but we don’t. Because we don’t think, it is anything innovative and it has to either to follow the track of a frontier innovation or adapt the innovation. So green, innovative and inclusive. These are the main frameworks that we use to choose the blog and start up our acceleration program.
00:10:05 Kabilan: I’m sure a lot of viewers would be excited to know about this and towards what you’re aiming at and where you’re trying to visualize the goals of the company. So, I have a question for future participants in the RBWC competition.
So what do, what do you think it takes for a participant startup to win the RBW Championship? In other words, what would be the focus areas for preparation before the participation?
00:10:42 Zhang: I think a number one is that the startup itself has to be a strong one. And the meaning at a, you are fully prepared. And if you are at a too early stage and you don’t have an MVP or minimum viable products or you are really just at the ideation stage, it might be difficult for you to win the whole thing as, others that cannot evaluate how good you are. And MVP is a probably number one barrier for those who may not be qualified or eligible. And after you just have an MVP that you can be eligible for the competition. And number two is that you have built a strong community because we combine face to face investor or experts valuation together or assessment together with the community voting.
So if you’ll have a strong community which supports you. You might have something valuable out there to offer. Otherwise, the community will not support you. So number two, if you want to win the game, that’s, you should have a strong community who is supporting you. And, number three is you need it to really have this startup, characteristic and meaning you have to be aggressive enough trying to win the thing. And also you have to have the skillset because many coming from the large company as the new CEO or founder of the startup, think that the resources will come to them and have this big company mindset, which doesn’t help them through this and compete with other startups.
Or if you’re a startup who does not have any experience to help a company, to just grow to the next level and you don’t know what message you need to communicate to the investors, to the community. And you think that you have something really cool, but, it doesn’t sell properly to the investor, to the community. Then you will also, lose the opportunity to be the winner of the competition. And then lastly, it is also very important to just think, think of whether all the competition is right for you because many startups have a constrained budgets, with clear time plan with milestones and to just sometimes to join the participation is also just to bring some more distraction and may just, bring you or take you away from the past.
And so you’ll have to just to calculate the resources available for you and the milestones that you want to achieve. The whole mission and then you say that whether the competition is right for you. So if your assessment is we have the resources and we are in this category and I think is competition can definitely help you to build the brand and enter into the different market and the expose you to many investors that you had never exposed to.
00:15:25 Kabilan: That’s wonderful to hear. I think it’s more than anything, it’s really valuable advice to a lot of growing startups in the field of blockchain to actually notice and consider these things, in order to take their company to the next level. So the next question I have is regarding security token offering or STO.
So what is your opinion about STO? Do you think, STO can completely replace ICOs what would you consider as the pros and cons of this change if it does happen?
00:16:04 Zhang: Personally I don’t want ICOs to be fully replaced. I really liked the innovation, which is associated with ICO. It really just opened door to many early-stage startups, which are at the ideation stage. Some of them are not funded properly and many of them, will not just have an opportunity to show the potential. A good example is that without ICO we would not have Ethereum.
And without ICO we would not have Ethereum, that’s a probably 70% of Dapps, what we are seeing now will not happen. So yeah, I still definitely just a bought a lot of innovation and also inclusive opportunities and many, investors nontraditional or nonconventional investors. So I do think that’s as innovative financing or fundraising model, it shouldn’t just be thrown away. But, as potential risks, the trend, many started to have self-regulation framework that the industry is coming up with this self-regulatory framework which helps the investors and government and also the ICO campaigners to work in a way to minimize the risk of fraud.
Startups will not just get money and run away because they only get very minimal money to just complete the next milestone. And also, from the investor adaptation side, if the ICO community, working with the government to provide the right type of investor training and then the investors are fully aware of the risks associated with it. And also, have the capacity to do proper due diligence. And I think that can again, minimize the risk, and help them to differentiate the true innovation from frauds. But lastly, ICO, although, we see it as a democratization of investment, meaning that any investment is risky.
It is risky and the investors have to be fully aware of the risk and they are responsible for their own investments, then we can just address the fraud issues. And now we move to the STO and welcome the opportunity that finally we have a token based fundraising model, which are being approved by many governments as the legitimate, to fundraising for the blockchain in projects. And, and of course, it has both, pros and cons and when you compare ICO with STO, STOs definitely have reduced the dramatically after risk for the investors, but also just increased the barriers for what type of investor can just invest in the good or exciting opportunities.
It also limited the issuers or campaigners for fundraising and ICO campaigns. So it’s like crowdfunding, so you can really minimize legal fee and intermediary fee, which are really fundamental innovation for fundraising. Due to the emergence of blockchain technology, but now introducing security token offering that traditional broker-dealer license, how to marketing, who can issue securities, who can sell, who can promote securities and a whole process bring back the traditional investment lifecycle and which add a cost and add the time consumed at the intermediaries back to the fundraising and definitely make, more helpful for the startups to use this instrument to do fundraising.
In the STO market, we are seeing that many large asset owners are using STO, startups which are not using, are if they don’t have the capital, and don’t have the experience, to go through on a security fundraising. People ask why STO is really innovative and, who are they innovating for? And who is benefiting from this innovation and might not be the blockchain startups, and who are in the ICO spaces. So we are really looking at very different campaigners, the who I using this fundraising method and to just do this. And the lastly, I want to mention about the regulators upon the view and it is very clear that some asking you to provide legal process where the regulators can see clearly that, whether you comply or don’t comply and if you don’t comply, we can just install punishment A, B or C, everything has been there.
There’s no gray area and for regulators, it is something good, but it creates a new challenge to make the regulators be more technology savvy. And you have to just, the also regulates what type of platform have this security feature, which you can protect the investors. And if hacking does take place, who should be responsible for the loss and if the insurance company. There’s a lot of gray areas associated with the tokenization process. And I think, regulators who don’t have this kind of knowledge may still face the challenge to embrace a security token offering.
00:25:38 Kabilan: That was a really insightful and I believe our audience will be very happy to know about this and your opinions about ICO and STO. So now coming down to the blockchain accelerator program itself, how exactly is the fundraising support provided with the accelerator program is it through ICO or STO or is it something else?
00:26:07 Zhang: So last year we invested in the sixth company and all of the six company and token companies. And, all of them are the token projects we use. And for next acceleration program, it will be combined token investment and also equity investments because, this year, we are launching a new program called the smarter city accelerator network and we work with other 10 blockchains smart city, fintech incubators and accelerators from different countries. And each of the incubators, accelerators will accept to at least the five company from this program and after two months, if they successfully graduated from the program, each accelerator or incubator will commit to capital to just invest in those startups.
And it can be a token investment, It can be equity investment. And by the end of the two months, we will have more than 50 startups who go through acceleration program and receive funding from us and our partners and we will bring these solutions to different cities. They are smart city solution providers in the future. We have already signed MOU with, cities and after the smart city accelerator program completes and we will be able to bring these blockchain startups to different cities. And their solutions will be considered as smart city solutions.
00:28:31 Kabilan: This is exciting news. I’m sure there’s going to be a lot of startups out there taking full advantage of the facilities that you provide. And, fortunately, we would be seeing tremendous growth in blockchain technology very soon.
00:28:46 Zhang: In addition to that, we also completed our China top 10 innovation selection in 2018 and we got around 1.4 million, people participate in the voting and it was very exciting and from this selection where they have some very good and solid blockchain startups who will be qualified for our acceleration program.
00:29:21 Kabilan: So, regarding the blockchain world championships in line to what you were saying earlier. In the blockchain world championship that was held on October 15, 2018, which innovative idea, actually gained your attention.
00:29:40 Zhang: The top winners, we selected them, I was very excited for all of the winners and for a few examples. So, from the top 10 blockchain innovation that we have for three public ledgers and each one of them have some unique technology advancements. Compared to other public ledgers, some, in the speed side, some provide privacy for the public ledger or some just have better security or some have this across chain components which are our strengths. And so those are the next generation public ledger company, which definitely are very instrumental for the future of the blockchain development.
And, the gaming company and is one of them creating social gaming infrastructure using a blockchain based token mechanism to incentivize the online activity together with the offline activity. So to brand the gamers away from the computer and to participate in the community work or community activity. I think that type of solution is very exciting. We all know games just makes people isolate themselves or even alienating themselves from offline activities. And so there are the blockchain-based gaming companies, that can make the gamers to just be more active. And, and there’s also the blockchain based, the microtask or micro-tasking platform for the group who cannot really participate, or have an equal opportunity. Then through this platform, you can just watch some advertisement or just listen to music or watch TV, watch a movie.
And you just get digital tokens. And with a group that who don’t have the opportunity then they can, they can get a few dollars a day as an income. And I think those can also, bring individuals out of poverty. If we say the least, the least the adapted the or the poverty line changed from $1 to $2 a day by just watching a few movies. They made more than $7 and help extremely poor to get out of poverty.
And another example I wanted to share with you is a platform that allows any individual, if they don’t have any economic resources and then you’ll enter your register into the platform, then you can just choose a product database. And continue to do your own social networking like things; post, a few posts. And do any purchases with tweet or post that you have, and you will benefit from any of the future purchases. Any individual now has a tool to make themselves as a shop, as a factory and even as a department store.
00:34:39 Kabilan: I think the future looks really bright. I believe that the world requires these kinds of solutions to progress to the next stage of development. And it’s pretty exciting what you’ve shared with us so far. Thank you for answering that.
So, regarding, the (blockchain) development again, so we see China is emerging as one of the top blockchain hubs in the world. And our question is how is the industry driving despite severe government restrictions and complications?
00:35:18 Zhang: Actually, the Chinese government is very supportive of blockchain technology developments. In China’s, five-year economic development plan is also in the government, reports and the ministry of information technology and the industry is a mandated to just, and then there’s government blockchain association. The blockchain is being fully supported by the Chinese government. But, when you talk about, the blockchain based fundraising and that is a very different, if you’re talking about ICO as a fundraising or even STO as a found reason and, the rule was there not to govern the blockchain technology is to just govern how you raise fund from the Chinese investors and most of those from investor protection perspective and when there is fraud or when the investors just lost their money from nothing.
And then the government has to intervene. So in this regard from 2017; September, that was the first time together with other ministers, issued of ICO, which stands as a strong signal for the market. The government had to detect the fraud type of ICO to just protect Chinese investors. And when STO was introduced into the market, the Chinese government made it clear, STO as fundraising in China is not regarded as legal and in ways that from blockchain based fundraise innovation.
00:38:36 Kabilan: Thank you for clearing that for us. I’m sure a lot of our audience would be glad to know this in terms of the security and decisions taken by the government to prevent fraud and to ensure steady growth of blockchain itself.
So my next question is, we’ve seen that you’ve been organizing and speaking at a large number of blockchain summit and events. So what’s ahead in 2019? What’s your plan and what’s your version?
00:39:07 Zhang: From 2019, we’ll continue to just build the blockchain ecosystem or supporting the emergence of a blockchain ecosystem globally we also think that, blockchain is one of the emerging technology and it should not be just it could create only hype. And, so, we also believe that the blockchain technology has to be combined with other emerging technology. So that’s, the potential solution will be stronger in solving the existing challenges. And so that’s why, in 2019, we’ll organize a World Responsible Technology forum. And from May 16th to 17th, following consensus, we’ll organize the first World Responsible Technology Forum in New York.
We’ll just bring the blockchain together with IoT, machine learning and 5G and fintech, altogether to combine all the new technologies in a responsible way to just the brand the type of solution that will solve the rising challenges that we are facing. And we have already the leading speakers who are lined up and after New York, we’ll organize a similar event in multiple countries in China and Europe. And hopefully, we can also organize in India. And, we believe that India is such an amazing technology savvy country, with a lot of talents and whoever ignore that market and we’ll just suffer from severe consequences in the future if they want to be competitive globally and other than the forum.
That’s why we are also supporting quite a number of other organizations in there, connection and the community building office. So that’s why you will see me and other Fintech4Good leadership to just the fly all over the world, in support, events and the government policy and industries, pilots. And the last, just the last month, I was back from Kazakhstan and helping the Kazakhstan government to define their new fintech and the blockchain related regulatory framework. And we will just continue to support other governments to look at this technology and understand the benefits and the risks associated with this technology. And we will also work with central banks, closely through to see the central bank’s digital currency, and also how central banks should just look at the other digital currencies as well.
We published the central bank digital currency paper and, we’ll just, do the global, the examination, hopefully, that many more central banks will be technology savvy to be able to take advantage of this new technology and then transcend the financial system, in their own countries. So we are going to just continue our efforts in the acceleration side, in the research and the policy innovation side and also in the investment side. And then lastly, from the event, we will also launch our blockchain economies to show, where we will invite world blockchain leaders to share their blockchain stories and bring those story to educate more people. So that the technology will not be mysterious for others and we can help to mainstream the technology and get more to benefit from the technology innovation.
00:44:08 Kabilan: I think that’s a very, an important point. We believe a lot of people are unaware of the technological advantages that blockchain has and the solutions that it can offer. And I think making it more mainstream would help a lot of people accepted as a viable form of technology for the future. And it’s very good to hear what about what Fintech is, has been doing and helping countries join hands together to solve the world challenges. And from all of this, it has also been very clear that China has positioned itself as one of the leaders in the fintech market.
So how has Chinese fintech enterprises gained global acceptance in terms of collaboration?
00:44:55 Zhang: Yeah. In 2016, we launched a show called, ‘Fintech in China’ show. Background of that show is that, me and my co-host, from Australia. We thought that a Fintech company in China are not properly understood by the English speaking world, and many have the stereotype that Chinese company is not innovative and they become big only because they have a big market. And that the truth is that, Chinese fintech companies are truly innovative and we want to bring that story out from our show. There’s that we interview many of fintech companies from China, in the area of the Internet, insurance, peer to peer lending and crowdfunding and mobile payments.
The companies who share their story with us. And, the show was highly rated by many English speaking audiences. And also by the Chinese company. Unfortunately, many of the Chinese Fintech Company, don’t have proper English speaking leadership, using the English language to talk about the core innovation to make others understand their impact on society. We also were facing a challenge at that time to find the right English speaking leaders from the organization.
00:47:36 Kabilan: Can fintech startups afford to implement the solutions on blockchain from the beginning? If so, how is it beneficial over migration at a later point?
00:47:58 Zhang: When you just look at a blockchain application, financial surveys is definitely the number one vertical, that any blockchain company should have or have to look at. As of now, the most advanced, the blockchain adoption also are from the financial service industry. No matter if from the blockchain-based payments through the interbank exchange or invoice or supply chain finance and all of them actually are perfect example of combining blockchain technology with other technology you can generate or create a new solution which can transform if you don’t want to disrupt it, at least you can transfer the financial service industry. And for Fintech that’s blockchain based. The financial service is a type of a Fintech and for a Fintech company, it can be a real robotic technology, big data technology, AI technology, blockchain technology. Any fintech company can use any of those technologies to create its own blockchain solution to offer that solution to the financial sector. It can be the capital market, it can be a small microfinance institution. It can also be individuals through peer to peer transaction. And from that, if you are a Fintech company and blockchain is a technology you should not avoid. And we have seen the potential, how the blockchain based digital asset back the lending technology is transforming the peer to peer lending practice. And before you have the peer to peer lending and many times you don’t have a proper asset to just back the lending and before it happens you’ll become illegal because you basically help the lender’s, you don’t have any control that if the lenders.
The borrowers default and don’t pay back with digital asset lending. And if the borrower doesn’t want to just a payback, you have the digital assets directly through a smart contract to transfer to the lenders’ wallet in this case, the constant is minimal, but makes lending or peer to peer lending much safer. And we can see many of the blockchain based solution is really disrupting the existing fintech solutions. So if you are a Fintech company, you’ll have to look at watching this(blockchain) technology.
00:51:22 Kabilan: So one of the last questions that I have is about the regulations in the field of blockchain and the crypto space. Are all the regulations in the blockchain crypto space helping to set clear boundaries between good and bad? And do you think there is any gray area that hinders or restricts opportunities to make a positive impact? Because this subject seems to gain a lot of info attention after the Kik Messenger, ICO story broke out. So what are your views on this?
00:52:05 Zhang: At an early stage of technology development or adoption, when you just look at any technology adoption curve, the famous adoption curve will always have early adopters, who are better risk taker and who will start to adopt a new technology, new instrument, a new solution and a many time they bear the cost of failure. And the startup is the same thing, no matter you are a blockchain startup or any other startup; 99% of the startups will fail. So there are the true blockchain based startup will fail because of being a startup in a risky business and they are trying their best. They fail because this is the nature of the startup ecosystem.
There is also fraud and some steal money from people. To differentiate the different type of failure is very important, and then to give the right name to the right type of, occasion and the to use one a lens to look at all activities and say that to all the failed ones are fraud, that’s not true. And to many fail failed projects, they are not fraud at all, they, they try to be successful, they can’t just start off.
At this time, I truly believe that it’s time that startups should look public ledgers and the two just to make themselves like DApp provider. In this case, you are helping to develop the technology to be more mature and then everyone will benefit from it. But many startups want to just enter into public ledger space with the minimal community, with a very limited at technology capacity. And then they enter into space, without public support, without technology capacity and create a startup thinking that they will be the next and finally they fail. And that is a really a waste of resources, from investor and also resources from yourself. So that’s why as the startup; as the investor; as even the public, we all need to learn and have a right attitude toward this space.
And we are at the learning stage. And it takes time for everyone to set a right approach to this new innovation. And that’s also the reason why we are launching a new certification program. And this was certification programming called ‘Blockchain Fundamentals’, for people who don’t know security token offering, digital currency, and leader shaping in the digital economy. So ways to a different module.
00:56:22 Kabilan: Thank you for sharing valuable experience with us and your insights about the subject. I’m sure our audience would gain a lot of inflammation from this. And this brings us down to the final question that we have for you and it’s basically about crypto exchange security. So in your opinion, how do you think crypto exchange security being enhanced, considering the large number of hacking events that has happened in the past?
00:56:53 Zhang: Well the hacking happens to digital exchange, it is similar to any exchange. If an exchange doesn’t have better security you don’t have that kind of security, you don’t launch an exchange. And the funny thing is that one of the most advanced business models in blockchain is an exchange. And everyone will make good money out of it. So, many investors who think that, if they launch or invest in the exchange, they will make good money, then that’s not true.
To run an exchange, you need to have the industry expertise, cybersecurity expertise and also the exchange operational expertise and also the proper investors, KYC, AML, and everything. So they don’t understand that. And then they launch exchange, they also just make any investor or traders exposed to risks and which is definitely is not right. And I think the government needs to really issue, proper legislation to look into this issue and see what type of infrastructure the exchange need to have, what test they need to pass so that, and then their exchange can be properly operated. All of the existing exchanges are in the past are not the selling security, they are only selling digital assets, which are not defined in a traditional security way because they had ICO exchange.
Then in nature, they are not a security exchange. So far that there are very few security exchanges which are up and running and the, so for them, that’s if anything happened and then there’s existing law and the regulation associated with the security exchange or stock exchange will be applied. And so for us, it’s a new game and for someone like Open finance and a few others, who have started some exchange, but the volume is really still small and we have not seen any of the hacks as of now to such kind of exchange yet.
So, we are watching this space the carefully and hopefully that any of the security exchange we’ll understand better the exposure and then take proper measures. And of course, they are also under very stringent scrutiny of the governments who provide them the license. And I think that this space is very different from the traditional digital exchange here, which is operating ICO.
01:01:05 Kabilan: Thank you for sharing that with us. I’m sure, every technological transition has had a lot of challenges in the past. We’ve seen that with the development of the Internet and how people slowly started to adapt to the technology. And, we certainly believe that it’s essentially the same thing happening with blockchain as well. I’m pretty sure that, it’s soon going to be adapted and become more mainstream and understood by the public audience.
And fortunately, we have companies like FinTech4Good who are doing their part in making the world more aware of blockchain technology and providing a platform for the development of valuable startups to solve global problems and challenges, to ensure a better future. So we would like to take this opportunity to thank you very much for sharing your valuable experience and insights about the challenges and about the development that’s happening in the world of the blockchain. Um, we are very happy to have you here on Wimplo News and we hope to connect with you very soon to discuss more the updates from the blockchain world championships and everything else that’s being put forward by your company. It’s been a pleasure having you. Thank you.
01:02:33 Zhang: All very thoughtful questions and I really enjoyed the conversation. Very happy that we are able to share our ideas with the Indian audience. And hopefully that we can also meet face to face in 2019. Thank you very much.
01:02:55 Kabilan: Thank you very much. I’m sure our audience would be very happy to hear the valuable information that you’ve shared with us and we look forward to speaking with you again very soon.
That’s all we have for today’s news at Wimplo. I hope you had an amazing experience getting to know more about blockchain and its development happening from the side of Fintech4Good. I hope you have a great day. Stay tuned for more information and all the updates about cryptocurrency and blockchain.