Country for PR: China
Contributor: PR Newswire Asia (China)
Tuesday, November 10 2020 - 01:34
AsiaNet
Thousand Cities Strategic Algorithms (TCSA) Leads 20 Different Countries in a Global Declaration of Action
SHANGHAI, Nov. 9, 2020 /PRNewswire-AsiaNet/ --

On November 6, Mr. Adkins Zheng, Chairman of Thousand Cities Strategic 
Algorithms Cloud Technology (TCSA), together with diplomatic representatives 
from 20 countries, adopted a "Declaration of Action for Global Stability, 
Prosperity and Freedom" in Shanghai, the host city for the third China 
International Import Expo (CIIE). The Declaration underscores the importance of 
developing national governance systems and socioeconomic systems that are more 
targeted, scientific and effective.

https://mma.prnewswire.com/media/1330075/TCSA.jpg
(TCSA Leads 20 Different Countries in a Global Declaration of Action)

For the last few centuries, the frameworks of economics, society and statecraft 
have not undergone true structural improvement. Increasingly and with great 
urgency, the world is discovering that the traditional frameworks in place have 
struggled to bear the sheer density of the modern world's population, supply 
and demand, industries and information overload. To tackle these issues, each 
country must begin to develop national governance systems and socioeconomic 
systems that are far more accurate and efficient than those in place today.

Citizens of all nations now live in a rapidly changing society driven by 
information and technology, and the world desperately needs to sift through 
overwhelming mountains of data to extract objective, logical and accurate 
conclusions. For example, as far back as the first code of law was etched onto 
a stone tablet, populations have known that social order, from its inception to 
its reform and improvement, begins and ends with information and the 
restructuring of information. Today, advanced and scientific ideas must move 
beyond the pages of academic papers and be integrated into precise, digital 
solutions that are then systematically applied towards the betterment of human 
civilization.

In today's digital age, the most ubiquitous and causally-oriented carrier of 
information is monetary transaction data. By utilizing this data as an 
information source, it is possible to build highly effective, targeted 
frameworks and instruments for social order. The most practical path towards 
truly enhancing or reforming a nation's governance system is to transform its 
central bank's monetary system into a "National Economic Data Brain".

From this perspective, TCSA has boldly imagined a new way forward – harnessing 
an open-minded economic approach and open-sourced data technology to serve 
governments and central banks worldwide in the following customized goals: 

To build independent market systems for basic societal assets such as 
infrastructure, food, transportation, housing, health, education, social 
welfare, public safety and various other public goods. In turn, governments can 
create general employment and productive opportunities related to these market 
systems, focus on the basic interests and rights of their citizens, strengthen 
the social contract and trust between the state and people, and ultimately 
achieve social stability. 
To achieve an average annual GDP increase of 0.5 to 1.5 per cent through a 
multilayered approach involving the localization of Basic Societal Assets 
Market Systems, as well as the globalization of technology and industrial 
market systems. 
To provide logically reliable and cost-effective data infrastructure projects 
and system installation services for central banks and payment terminals, in 
order to build an overarching algorithmic sovereign currency system on top of 
existing electronic and digital payment schemes, ultimately helping each 
country establish a more stable and independent currency system. 
TCSA's Global Affairs department has established multilingual task forces in 
English, Russian, Spanish, French and Arabic to provide technology transfer 
consulting services for central banks and national governments on all 
continents. These TCSA professionals advise central governments, monetary 
authorities, international organizations, political parties, industry experts, 
academic researchers and business leaders; contribute resources, wisdom, and 
capabilities and apply noble ideals cutting-edge data technologies – all in the 
pursuit of optimizing Hayek's free market efficiencies, clarifying the 
boundaries of supply and demand in Marx's public-oriented theories, upgrading 
the obscure Keynesian state interventionist economic model to a precise 
data-driven market economy model, and ultimately leading society to a greater 
future of freedom, stability and prosperity.

SOURCE  TCSA

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