Da Hongfei Interviewed on CNN Money Switzerland

by swisscham in Business

Da Hongfei was interviewed by CNN Money during his recent visit to Zurich, Switzerland. In his interview with Martina Fuchs, anchor of CNN Money Switzerland, Hongfei discussed NEOÕs relationship with local communities, regulations, the smart economy, and the goals of NEO. When asked about the reasons behind his visit to Switzerland, Da Hongfei said he was coordinating on a couple of projects and visiting universities with quality computer science programs. If NEO sought to expand into the European market, Hongfei conveyed his belief that Zurich is a top competitor, as there are great relationships with mainstream financial institutions. ÒThere is no better place to run a business in [the blockchain industry] than Switzerland,Ó Hongfei said. On the topic of NEO and Swiss-based partnerships, Da Hongfei stated Òthere are several ways [NEO] can connect with the local community.Ó He then went on to say NEO had recently undergone a reorganization, with the NEO Foundation emerging as the overseeing entity of three major subsidiaries: NEO Global Development (NGD), NEO Global Capital (NGC), and Open Blockchain Foundation (OBF). These subsidiaries can foster local relationships in their own unique ways.

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