Rebirth: Super Banking System

Chapter 1978: Chapter 1801: The Gap

These days.

Ten billion.

It’s at least equivalent to twenty or thirty billion ten years from now, and even ten years later, a private enterprise that can produce hundreds of billions in cash is extremely rare; as you can see, many companies rely on financing to survive.

Large but not strong.

The year 2008.

This is absolutely a hot commodity. Looking at this young face and thinking about what Tang Qing has done these past few years and the achievements to come, Qiu Jie could only sigh: As new talents emerge constantly.

Wealthy.

Talented.

A favored child of heaven.

The best of the best.

…

Only the most lavish praises can match his wealth and capabilities.

These days.

In order to be Tang Qing’s research supervisor, the School has been quite lively, with countless professors volunteering. Ultimately, Tang Qing relinquished his power, saying that in his view, it didn’t matter who became the advisor.

However,

He set conditions.

“I cannot be forced to work on the advisor’s projects.”

In response,

The School didn’t hesitate at all.

What a joke.

Such a genius, pursuing so many master’s degrees, where would he have the time to follow the advisor’s projects? In principle, there is no interference, which is only the official stance. In reality, Tang Qing has absolute autonomy.

Moreover,

Qiu Jie faintly feels that those professors might not even be qualified to teach Tang Qing.

Teach what?

Knowledge?

A man with a rock-solid foundation who treats exams like a game… you can’t stir him. As for experience, ha, the Smart Space Industrial Park is all about scientific research, and they select only the best of the best.

Project?

Topic?

Don’t joke around.

The horizon he can access is so broad it’s terrifying. Due to his special status, he lacks no projects; from the start, he manages large… no… numerous projects.

In terms of ability.

Tang Qing could almost be the teacher himself.

What he lacks is.

Just practice, or what’s recognized as practice by formal academic institutions.

Three years later.

Six master’s degrees.

Five years later.

He might even earn six doctorate degrees, Qiu Jie confidently believes. As long as Tang Qing wishes, nothing is impossible. Thinking of this monstrous genius having Fudan University on his resume,

Qiu Jie couldn’t help but feel a surge of excitement.

…

Ten minutes later.

Tang Qing left Fudan.

Along the roadside.

He strolled leisurely home. When he left Qiu Jie’s Office, he put on a scarf, and his glasses turned dark, making it difficult for people to recognize him easily.

After walking several hundred meters.

“Two Roujiamos, with extra spice,” two students stood at a roadside stall.

“Sure thing.”

“How much?”

“Eight bucks.”

“Where do I scan with WeChat?”

“Here.”

The vendor pointed to a QR code below the stall.

Several seconds later.

“Ding Dong!”

Payment succeeded, a prompt came through the earphones. The vendor chuckled, “Got it.” Initially, he was not used to this way of receiving money but now, he wished everyone would just scan.

No need for change, saves time.

Besides,

He no longer worries about receiving counterfeit money; there are many benefits. Initially, he would withdraw the money daily, mainly concerned about security. But as months passed, his worries gradually dissipated.

Rent.

Consumption.

Repayment.

…

Now, everything can be done with WeChat and Alipay, there’s no need for transfers back and forth. Although there is zero service charge, there are restrictions. The number of free transfers to bank card per month is ten.

If exceeded,

There will be a service charge.

Therefore,

Unless it’s money being saved in a fixed deposit, once money enters Alipay or WeChat, it tends to stay there.

…

On the street.

Tang Qing looked left and right.

Shops.

Supermarkets.

Roadside stalls.

Business halls.

…

Due to the tireless efforts of the promotional staff,

QR code payments have started becoming common. WeChat and Alipay were the first to break through. With ample preparation and mature technology, they have already secured an absolute advantage.

Latecomers can only have leftovers.

Calculating,

The combined market share of the two exceeds ninety percent. The remaining ten percent is divided among dozens of apps like Penguin, Jingdong, Baidu, etc.

The gap

is so large that it makes the third place lose hope.

At this moment,

Two young people passed by Tang Qing, their clear dialogue reaching his ears.

“Domestic is so nice, you can pay your phone bill with a mobile phone.”

“Can’t do that in the United States?”

“No.”

“Perhaps soon.”

“No, it’s almost impossible because there are too many interests involved, such as sales stores for top-up cards and the banks behind credit cards. Mobile phone top-ups would cut off considerable profits for them.”

“So what?”

“So what? Protests are mild. The banks behind the credit cards all have powerful lobbying firms that can influence Congress to determine mobile payment for phone bills as illegal.”

“So audacious?”

“I’m not exaggerating.”

“Scary.”

“Furthermore, for instance, QR code payment and quick transfer are also illegal in the United States. Forget about foreign companies, even their domestic companies are heavily restricted by the law.”

“Still, domestic policies are not easily swayed by capital interests, they are willing to do things, dare to do things, and can do things. Just give Huaxia twenty more years, it may well become the new center of the world.”

“Is this possible?”

“Highly probable. Look at QR code payment, if it were in the United States, it would be extinguished before spreading like wildfire, and it would be crushed thoroughly. Here, they can just do it first and then talk about it.”

“Impressive.”

“In just a few months, QR code payment has become so widespread; it definitely can.”

“…”

Listening along the way.

Tang Qing smiled.

This speed of change can only be seen in such a country eager for progress.

Europe and the United States.

No.

Aside from Huaxia,

No countries have witnessed such growth momentum in QR code payments, as Western countries, even those in the Western bloc, naturally assimilated, all have the same problem—insufficient reform motivation.

Interest groups are too powerful.

Or rather,

Deeply rooted, like Ali’s path to globalization. It’s easy to photograph e-commerce, the real challenge is the payment system involving banks and citizens’ information. Also, they like to refer to.

The United States.

Europe.

Japan.

The world’s top twenty or thirty economies.

When you see,

You are carrying out such large-scale operations; how do I know it’s safe? If anything happens, do you assume responsibility? Do you dare to sign a contract? Dare to promise not to disclose any citizen’s information, or else face severe penalties.

All kinds of difficulties.

In short,

They just won’t let you go smoothly.

Regarding this,

Ali certainly wouldn’t dare to randomly sign commitments, what a joke; courier information alone contains information. If a courier leaks someone’s information, they would be fined millions, dominating that country’s news headlines for a few days.

Really.

It’s no fun.

Tang Qing hasn’t provided much help in this regard; even if his influence is great, he can’t show favoritism too blatantly. If one country oddly passes such policies, it’s fine, three or five are okay, but thirty to fifty…

This trail is hard to clean up.

…

On the street.

Tang Qing strolled leisurely.

Stopping and going.

Arriving home.

Half an hour later.

At home, two dormitory mates gathered again. Since entering the thesis and internship stage, Tang Qing hasn’t been to School, he’s either in the villa or in the industrial park for work.

Upon entering the door.

“How did you do on the exam?”

“Full marks.”

Zhong Liang: “…”

I damn well shouldn’t have asked!