Origin

Written by Peter Li-Chang Kuo ( Chinese ) The “ AICT Initiative ” is an instrumental solution designed to eliminate financial catastrophes. It was introduced publicly as a “ Social Responsibility Investment ” (SRI) initiative at the APEC CEO Summit in Singapore in November 2009. Fig 1: Special Guest at APEC CEO Summit 2009 The concrete implementation of the “ AICT Initiative ” is the “ AICT Control Center ” — as shown in Figure 2. Through TSCM, it integrates the four major global satellite systems (GPS, Galileo, GLONASS, and BeiDou) to manage global “ electronic stores ” (eStore), including TranSmart e-payment, suppliers, logistics, and delivery systems. It serves as the brain of the cashless economy, operating at the " Control Layer " to perform information integration, intelligent decision-making, risk management, resource allocation, and global coordination. Fig 2: AICT Control Center and Satellite Systems Today, Wednesday, experts from various countries ...

Written by Peter Li-Chang Kuo ( Chinese ) During the Lunar New Year of 1993, I took my wife and children to Seattle . We originally intended to buy a factory there to develop the advanced power-chip module (PCM) used in “ TES ” ( The eStore System ), but we gave up because of the harsh attitude of U.S. customs. Fig 1: 1993 Lunar New Year in Seattle However, on February 8, 1993, we hosted a dinner for visiting scholar Shen Youlun from East China University of Political Science and Law in Shanghai and his classmate, lawyer Yingxi Fu-Tomlinson, and had an excellent conversation. In particular, Yingxi Fu believed that TES’s Cashless and VAM systems could enable China to leap forward directly. Unfortunately, at that time in February 1993, there were only “ TranSmart Card and Toller .” Fig 2: Only TranSmart Card and Toller in 1993 They later both returned to Shanghai . Shen Youlun returned to East China University of Political Science and Law, while lawyer Fu Yingxi served as ...