About Dr. Zou Chuanwei

Dr. David Zou Chuanwei is the Chief Economist at HashKey Group and Wanxiang Blockchain. Between 2006 and 2019, Dr. Zou held various positions in China Investment Corporation (CIC) and Nanhu Finance Corporation. In 2015, he was a winner of the 1st Sun Yefang Prize for Financial Innovation (China’s top prize for economists) and the 5th China Soft Science Prize for his research on FinTech. In 2013, 2014, 2017 and 2021, Dr. Zou’s books were listed as the “financial books of the year” by the China Business Network. In 2019, he was named one of the “top 10 institutional economists of the year” by China Business Network. He has a Ph.D. in Economics from Tsinghua University, a Mid-Career MPA from Harvard University, an M.A. in Economics and B.S. in Statistics from Peking University.


No 269 - Tokenisation Framework for Evolving Web2 to Web3

This article focuses on the four areas that Web3 has improved over Web2, namely: (i) information services and surveillance capitalism, (ii) the game economy (also known as the online game or virtual economy),(iii) transaction platforms, and (iv) proof of physical work (PPW).


No.254 - NFT Fractionalization and Liquidity Solutions

NFT ownership is indivisible because the asset is non-fungible, meaning that it has to be bought and sold in its entirety. However, the high prices of some NFTs created an objective demand for fractionalization, which allows holders of high-priced NFTs to revitalize their assets and increase liquidity. Consequently, the threshold for participation in the NFT market is lowered, thereby attracting more investors.


No.248 - Progress Analysis of the Digital Hong Kong Dollar (e-HKD) Project

Following its release of the technical white paper “e-HKD: A Technical Perspective”1 on October 4, 2021, the Hong Kong Monetary Authority (HKMA) has issued the discussion paper “e-HKD: A Policy and Design Perspective” on April 27, 2022. The more recent paper further discloses the progress of e-HKD, including its possible design solutions, application scenarios, and issues pending further discussions.


No.237 - Web 2.0 to Web 3.0 - From Electronic to Verifiable Credentials

The current Web 2.0 has its own set of methods for privacy protection. However, the technology involved is essentially different from that of VCs under Web 3.0. In this article, a detailed analysis of the two methods at the technical level will be made.


No.236 - Research on NFT Pricing Discovery Mechanisms

The current focus of the industry’s improvement efforts is NFT financialization. One of the reasons for this endeavor not having proceeded as smoothly as the development of decentralized finance (DeFi) is the difficulty at obtaining effective and fair NFT pricing.


No. 220 - Cryptocurrency: A New Interpretation of Modern Monetary Theory Perspective (Chinese only)

This paper (Chinese only) analyzes cryptocurrencies in public chain economies from the perspective of Modern Monetary Theory. It analyzes the issuance, repatriation, and circulation of fiat money and their effects on economic activities such as trading of goods and services, as well as investment and financing, in order to better analyze the economic activities related to cryptocurrencies.