“New Economic, New Finance Forum” of “2014 Internet Finance Industry Development Forum” was held in Beijing on April 18. The forum discussed about the Internet financial industry development opportunities, Internet financial innovation and security, Internet financial opportunity and strategic distribution from investment institutions’ view, etc.

Guests are Sohu CEO Zhang Chaoyang, China Association of Private Equity vice president Yi Xiqun, IDG global vice president and chairman of the Asia-Pacific region, IDG Capital founding partner Xiong xiaoge, Hongyuan Securities Institute deputy director, founder of the Internet finance Yi Huanhuan, chairman and president of Lakala Sun Taoran, etc. Hierstar chairman, Peking University Institute of cloud identity technology director Xie Taoling was also invited to attend the forum.
The forum guests started a lively discussion and confrontation. Xie Taoling, said that “the Internet finance is a new finance, a smart finance, even a fool can benefit from it." He further explained that the biggest change since 2011 is the smart phone intelligence which has changed people’s habits and customs. In everyday life we are always with money, so it is bound to pay with smart phones, the Internet finance represents the trend of intelligence, so that even the fool, can make money, can benefit.

in terms of Dr. Xie, with the popularity of Internet banking, it will completely reverse the people’s way of life, IDG Capital Song shares the same idea at the beginning of the forum’s keynote, made ​​the interpretation of the Internet banking, he considers especially in mobile Internet technology is characterized by the financial industry, not only our life and work, but also our thinking has brought in addition to the existing financial models, especially for the banks.

Nowadays as a hot topic, is internet banking safe? For the practitioner who is concerned, what is most worried about? Dr. Xie, answered unexpectedly, he seems no problem with this question, and he said absolute security does not exist. His view was supported by Sun Taoran interpreted as a practitioner, he is not worried about the specific security risks but people who do not understand this domain. Now Internet banking is very hot, but finance is a very professional industry. In the past the main force is banks, including some financial institutions. Now if a large number of laymen into this industry, if we do not pay attention to the security and the risk, it will lead to a disaster.

Sohu Finance works with several internet Finance Associations and institutions together to create this "New Economy, New Finance" series opener Summit Forum , the annual will be continued in Beijing , Shanghai , Xi’an, Guangzhou, Changsha, Suzhou , Chengdu and other cities with several peaks dialogue.

Hierstar ltd implants the token into the credit card to form a visual IC card product. This visual IC card as the visually encrypted password and signature key carriers, interact with mobile phones or other terminals, combines the virtual card (mobile phone) with entities cards to provide client authentication, encryption, rights management, payment and ticketing and other “multi-card " solution from online to offline. It can allow customers to do personalized cloud authentication services like resource management, behavior management, payment transactions, big data collection, big data source, the credit system, green paperless information consumption. It will be widely used in information security, e-commerce and e- payment and other fields, covering the areas of finance, education, government, military, telecommunications and smart city programs.