Extraordinary Genius

1119. Chapter 1119 Internet Finance (7/10)

“Brother Ki, in fact, this payment software is the capital that I have confidence in the future to fight against other companies. You know the financial industry, then do you understand what is called internet finance?”

The payment package of past Ma Yun can become the world’s largest third-party payment platform, regardless of size, number of users or cash flow, is the undisputed first. At the time, there were many competitors in the payment package. Explain that many people are aware of the profits inside.

This world, development will be earlier, can be used in Ebay, Amazon, Alibaba and Polar Bear Network Corporation and other platforms, and hope to control the three major markets in North America, China, Eastern Europe, certainly more powerful than the previous world.

In the past life, the technology of this payment package was developed by Yahoo, Soft Line and the horse father team. Then when the father was the CEO, the business of the payment package was divested and transferred to the company of its own holding. Pit up Yahoo them.

Yahoo’s share price has fallen and fallen, but Alibaba’s share price has continued to rise. This payment package has contributed. The evaluation value of the payment package is also far beyond the several e-commerce websites of Alibaba, which becomes the core value of Alibaba.

When I heard Feng Yu talk about internet finance, Kirilenko said that it is hard to understand, not financial on the Internet.

“Feng, of course, I understand, like Nasdaq, isn’t it an electronic transaction on the Internet? Stocks are not financial products, so Nasdaq’s stock is Internet finance?”

Feng Yu took out two cigars and handed one to Kirilenko. After igniting, he took a deep breath and spit out a cigarette circle: “If you say that, it is OK. But I said Internet finance is very different from yours. Internet finance is not a simple combination of the Internet and the traditional financial industry, but a traditional financial industry that uses Internet technologies, including information and communication technologies, to achieve new financial business models such as finance, payment, investment, and information intermediation.”

“You said that trading stocks online is a kind of investment, but it does not mean everything. It is right that all of our internet finance is based on the Internet. Whether it is market, service, organization, product or regulatory system. Wait, all on the platform of the network, do not need any real trading counters, all operations, all on the network, do not need people to meet, even if you ask a financial broker, also communicate on the network “”

“Feng, isn’t this right? I ask a financial broker, communicate on the Internet, how is the contract signed? How is the salary paid? How do I trust him?” Kirilenko retorted.

“At this time, we need our third-party payment platform. We provide credit guarantees, of course, we also need to do credit evaluation. The contract is based on the template on our network, and both parties can confirm by online video. Of course, the original At the time, the contract should still be printed and signed, but it will definitely not be needed in the future.”

After the implementation of the real-name system of the network, many agreements do not need to be signed, just click OK. For example, download a mobile phone stock software, a video confirmation on the network, including uploading an ID card, you only need to take a photo, do not need any signature, but the same legal effect.

“Network video confirmation? Isn’t that clear?” Now that there is network video technology, it is limited to the speed of the network and the resolution is poor. Some ordinary users are even unable to use this technology.

“The network is developing rapidly. You can’t use today’s vision to understand the products after three years. Now the mobile phone can take pictures. Three years ago, did you think about it?” Feng Yu picked up the Wind & Rain on the table. The phone swayed and asked.

“It’s really, what do you mean, online video will be popular in three years?”

“In developed countries, there is no problem. Even in a country with a network, most netizens can know. And after this thing is launched, development will be faster and faster, perhaps faster than we think.”

“What do you say about this Internet financial service, what products are there?” Kirilenko asked again.

“There are some traditional financial industries, we have. For example, investment and wealth management, deposits, withdrawals, loans, capital flows, exchanges, etc. Moreover, some things that the traditional industry can’t do can be done by Internet finance, such as the masses. Fundraising.”

“People raise money? What do you mean, everyone raises money for one person? Is there anything special about this, the traditional financial industry has it?” Kirilenko, you don’t think I don’t know.

“Yes, the traditional industry does have it, but I ask you, if the traditional industry wants to raise one million, it is divided into one million, can you do it?”

“What? One million is still divided into one million, isn’t it a single person? How to raise money, who will go to financial institutions for a dollar?”

“Yeah, no one will go to the bank to raise money for the other party for a dollar. But if it is online? Just need a few mouse clicks, enter the password of the third-party payment platform, you can complete it in one minute. “”

This one million is divided into one million, but it is not Feng Yu, but the crowdfunding that Feng Yu has experienced in the past. An author wants to publish a book, but no publisher is willing to publish it, for example, the content is too sensitive, such as being too small, etc. At this time, the author has launched crowdfunding, and a fan donates 100 cents, which is a piece. Money, make a sum of money, and write the book to the author.

For fans, a piece of money is nothing at all, but it is a lot less. Some authors even use crowdfunding to adapt their novels into games and even movies.

It’s too much trouble to go to the bank for a dollar, but if you only need to operate on the network for a minute, it’s a lot easier.

There are also small singers who want to make CDs, new directors want to make movies, and even roadside stalls want to open store crowdfunding, a lot of failed, but successful, a lot.

In other words, Internet finance can do a lot of fine products that the traditional financial industry can’t.

These are just the tip of the iceberg. There are too many places to make money through this third-party payment platform. Think about the bankers of traditional finances. When did they see them losing money?

Just say China’s world-class Corporation, all state-owned large banks, all on the list? And this third-party payment platform is an institution that can handle the big banks in these countries, and even hope to surpass them!

“Brother Ki, Internet finance is much more convenient than you think. For example, if you want to make a loan, on our payment platform, your credit history is enough, then we can give him a loan on this platform. Even we can launch some networks. Financial wealth management products are pushed to those who like to invest in wealth management products to make a profit…”

With Feng Yu’s account, Kirilenko’s eyes are getting brighter and brighter. This Internet finance is really a treasure house. That third-party payment software must be developed immediately!

……