Dragons Without Leader Is Auspicious, From ancient chinese wisdom of I Ching to Blockchain 

KUALA LUMPUR, July 1 (Bernama) --  The founder of Country Heights Holdings Bhd, Tan Sri Lee Kim Yew established Golden Horse Investment Bank to ensure that Malaysia can ride on the China’s economic trend and act as a convergent point between China and Western countries. 

"China has gone through 40 years of reform and opening up and has successfully transformed from a Just Made In China to smart manufacturing in China. It has also done a good job in the prevention and control of the recent Covid-19 pandemic. This shows that the China's people-oriented socialist economic route is successful. China’s RMB is moving towards digitalization and it is foreseen that the digital RMB will become the mainstream currency in the future. With this in mind, we established the Golden Horse Investment Bank."

Lee Kim Yew promotes capitalism with golden horse characteristics to complement socialism with Chinese characteristics, using the strengths of the East to make up for the weaknesses of the West. Lee Kim Yew believes that the decentralization of blockchain is the best interpretation of I Ching's trigram "dragons without leader is auspicious". Blockchain nodes form a non-linear cause-and-effect relationship with each other through the network. A decentralized approach would help make it equitable for all. 

"Isn't equality what human beings are striving for? And blockchain is an innovation of inclusion and universality, which shows that the main idea of blockchain and I Ching are connected.”

Lee Kim Yew added, “Social resources are being fully digitized. Blockchain, artificial intelligence (AI), big data and Internet of Things (IoT) have opened up a new economic system that will fundamentally change the way operations and management are conducted."

"Golden Horse blockchain decentralization can ensure security, improve transparency and efficiency, which will be the best interpretation of financial inclusion." I Ching (an ancient Chinese divination manual of wisdom) has stated that “Anything created by using resources surrounding us should be earmarked for the benefit of mankind”, which was his idea behind the founding of Golden Horse Investment Bank.

Golden Horse Investment Bank Ltd (LL16429) is registered in Labuan International Business Finance Centre and has been granted an investment banking license by Labuan Financial Services Authority. The investment bank is currently using blockchain technology, artificial intelligence (AI), big data and other high-end technologies to build a comprehensive digital financial tools, enabling Golden Horse Investment Bank to serve the real economy with a revolutionary and innovative business model. The investment bank will also set up the "Golden Horse Blockchain Research Institute" in China's Hainan Blockchain Software Eco-Park for greater cooperation with China through digital currencies.

The establishment of Golden Horse Investment Bank will create a more forward-looking change in the financial system which allows people to move from the traditional world of fiat money to the world of cryptocurrency. Through the Golden Horse blockchain technology, it can provide unprecedented liquidity for assets such as cash, stocks, property, and antique collections. Therefore, blockchain technology is not only to provide solid digital currency, but also to chain and connect various industries to form a more efficient, transparent and equitable trading market that can propel the market economy towards a mature capitalism.

"While the world of fiat currencies was originally great but it became a scourge because of traditional centralized organizations. The cryptographic features of blockchain technology, with its immutability and traceability are more reliable from the accounting perspective."

Lee Kim Yew also stated that, “The creation of silver certificates and silver by the ancient Chinese was in fact the prototype of modern money and banking credit, which at that time was still in its infancy in Western countries”.

"Until after the Second World War, an international monetary system centred on the U.S. dollar was formed, when the dollar adopted the gold standard which carried a certain amount of gold content.”

Tan Sri believes that innovation and change are the eternal driving force for the development of human civilization. There are dramatic changes in the monetary and financial landscape around the world in this digital era. Therefore, digital currencies based on blockchain technology are developing rapidly. Blockchain has become a forward-looking technology to transform major traditional industries from just a paper concept. He is convinced that the world of digital assets is the world of the future, and the future starts now.
 
“We are providing capital guarantee for the first 100 million invested with us. This is unprecedented and we have been talking to many parties to offer more unique products.” Tan Sri is in the opinion that investors are also consumers as they enjoy the utility tokens distributed to them in addition to the conventional dividend payout. Such utility tokens enabled by blockchain is what he aspires to turn blockchain into real economy.

For more information about Golden Horse Investment Bank, please contact us on +03-8966 2432 or visit www.ghi-bank.com.  

Source: Golden Horse Investment Bank

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Ng Wei Xin
Tel: 016-2063471
 
--BERNAMA