China Bitcoin Boss Jeff Wang Chooses Philippines As Headquarters

Boss of China Bitcoin Jeff Wang Chooses the Philippines as Headquarters

CHINA BITCOIN – Big boss of the Huaren Capital, Jeff Wang, also known as the Father of China Bitcoin chose the Philippines as headquarters.

The President of China, Xi Jinping, visited the Philippines to extend its friendship and make a signing deal with the country.

On the successful visit of the China President, the Huaren Capital of China declared that they officially decided to build a headquarters in Manila.

china bitcoin
Photo Source: LiveBitcoinNews

Huaren Capital is a company for financial innovation lead by a group of chief experts in the technological and financial industry.

Their purpose of building a headquarter in the Philippines is to bring another energy to the developing Southeast Asian market.

Based on a report from Manila Bulletin, Jeff Wang stated that their decision to choose Manila was anchored on the Philippine government’s assist for the blockchain industry and other policy regulatory advantages.

china bitcoin Huaren Capital
Photo Source: www.huarencapitalph.com

The China Bitcoin master’s blockchain technology will help the financial industry in the Philippines. It is a progressive financial market system which could be a very good help to all the Filipino people.

Blockchain technology is a distributed digital information but not copied in simpler form “digital ledger”.

bitcoin 1
Photo Source: CCN

This tech benefits the insurance companies, security markets, traditional banks, and other industries that face some development difficulties.

“Blockchain innovation as a national strategy, providing a large number of preferential policies and services to related companies, and solving the regulatory problems.

Huaren Capital to develop innovative financial services… These services can aid Philippine authorities to use blockchain technology to advanced financial market service systems to the Filipino people,” he said based on the report.

blockchain technology
Photo Source: www.proschoolonline.com

China Bitcoin boss’ plan of building a headquarters in the country could probably help the business industry in the country. Friendship deal between China and the Philippines is starting and there is surely more to come.

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