Genius Junior Pang Huadong: Silicon Valley will replace Wall Street With Blockchain

Pang Huadong, currently a partner and CFO of Digital Moment Technology (Beijing) Co., Ltd.

In 1995, he was admitted to the Juvenile Class at the University of Science and Technology of China, the first in the fifth China University of Science and Technology Mathematics Contest, and the Massachusetts Institute of Technology (MIT) Ph.D. in probability theory. He was awarded the MIT Dean’s Scholarship.

From 2007 to 2011, he served as vice president of JP Morgan North American Investment Banking.

2011-2015 Chief Quantified Strategist of Saiers Capital LLC. Celes Capital was rated as the best relative value strategy fund by Hedge FundMagazine (HFM). Its main volatility quantitative arbitrage is between 2015 and 2016. Ernst & Young New York Quantitative Risk Manager.

From 2016 to 2017, he served as chief quantitative strategist and chief risk control officer of Global Sigma Group.

A reviewer for Risk Magazine, the top magazine in the US Wall Street industry. Chairman of the China University of Science and Technology Alumni Foundation, Chairman.

On August 23, 1995, at the entrance to the compound, No. 96 Jinzhai Road, Hefei City, Anhui Province, a 14-year-old boy from the rural village of Weifang, Shandong, was stopped by the guard and asked the originator. It turned out that this was the class of the junior class school recruit. one.

Yes, this school is the famous University of Science and Technology of China. This boy is the future “genius boy” Pang Huadong.

Pang Huadong from the rural areas did not have any special family background. After all, there was no special family background. The father was just an ordinary village tailor who couldn’t be an ordinary villager. The family had several acres of thin land and a few sheep and cattle. All this seems to be a far cry from Pang Huadong, who is now a well-known blockchain finance expert.

Legends of a Youngster


For a long time, in the village folks, the child of Pangjia tailor shop was a miracle. When his age was still a simple one-dimensional equation distress, Pang Huadong began to skip, from the first grade to the third grade, and the fourth grade to the middle school to Early in the high school, the teachers who taught it all said, “This child is too smart. We can’t teach it.” “How many generations in our county are not talented, and it may be really necessary to have a talent.”

Junior Pang Huadong at this time has become the biggest miracle in the eyes of the teachers in the school. As for the miracle, the teachers do not know what to do. As a result, juvenile legends began in the county.

However, all this still caused no concept in the Pangjia tailor shop. Master Pang who had honesty had his own knowledge. In addition to the rural livelihoods and the cutting skills in his hands, he really could not think of the fate of his genius son.

But it’s not all that important.

One day, the teacher of the school (Hanting No. 1 Middle School in Weifang City) heard that the famous Chinese University of Science and Technology was once again enrolled. Counting, Pang Huadong’s classmates meet the conditions for registration, as long as they pass through, they may be able to create a genius. The embryonic form.

Therefore, Pang Huadong started all the examinations for junior colleges at the China University of Science and Technology. He felt that the examinations were not so difficult. The mathematics and chemistry society was basically the same. English papers were taken directly at the fourth level of university. Therefore, for rural students, It will not be too much if you have suffered a loss.

In the end, Pang Huadong was admitted and was accepted by the China University of Science and Technology (95th grade). This news was really an incredible thing for the small county town of Hanting District in Weifang, Shandong Province. The folks rushed to each other and cheered, it seems that Pang’s children are their own children. For the 14-year-old Pang Huadong, the arrangement of fate has only just begun. The genius boy just sailed and started the voyage.

Summer Photos at the Chinese Academy of Sciences in the summer of 1998

According to the establishment of the Junior College of China University of Science and Technology, they are all trained in science and engineering. Even some teachers suggest that Pang Huadong should contact the biological field and can later become a biological expert.

Pang Huadong really went to the Department of Biology, but soon returned, and firmly gave up the direction of biology.

The teenager told the class teacher in horror. The first item in the biology class was that every student had to kill a small rabbit and use a needle to blow the air into the rabbit’s blood vessel…

The biological teacher’s request frightened the young Pang Huadong so that after he became famous on Wall Street, he would be reminded of this terrible scene once he saw the rabbit.

So, after this incident, Pang Huadong only became more determined to learn only his favorite mathematics major. In the fifth mathematics competition of China University of Science and Technology, he took the first place easily.

For the love of mathematics and several awards, Pang Huadong has successfully graduated from the University of Science and Technology of China with a master’s degree in differential geometry.

At the time of entering the first year of graduate school, because he mastered professional knowledge as much as any of the basic class teaching teachers, the school actually hired this research student as a teaching assistant to teach students mathematics analysis, linear algebra, real variable functions, etc. The core curriculum, and published several high quality papers, was only 18 years old this year.

In those years, people familiar with Pang Huadong envied him, envied his academic performance and envied his popularity at China University of Science and Technology.

Pang Huadong recalled this period of time. Compared with the current situation, he had a good, solid, systematic mathematical foundation so that he was definitely a plus for the current work on blockchain technology.

First trip to New York in 2003

However, at that time, the teachers and students of China University of Science and Technology, including Pang Huadong himself, may not know that A university called MIT is about to throw him on the other side of the ocean. Olive branch.

Fifteen years of “Beauty Drift”< /span>

In August 2002, the famous Massachusetts Institute of Technology in Cambridge, Mass., ushered in the Chinese mathematics prodigy. He was successfully admitted to the Massachusetts Institute of Technology. Pang Huadong met the internationally renowned mathematician, academician of the Chinese Academy of Sciences, and is now Beijing. Prof. Tian Gang, Director of the International Mathematical Center and Vice President of Peking University The Bole and Professor Tian taught at the Department of Mathematical Engineering at the time. Pang Huadong’s miraculous experience at the China University of Science and Technology was appreciated by the other side of the ocean Tian Gang. Through contact, Tian Gang recommended to the school. Pang Huadong.

In order to attract this outstanding Chinese student, MIT arranged for him the highest full-rate scholarship in the hospital “The MIT Dean Scholarship” and “Norman Levenson Scholarship” and arranged him to study with the famous mathematician, the founder of modern probability theory, and the academician of the American Academy of Sciences, Professor Daniel Stock.
When I came to Massachusetts, for Pang Huadong, it was as if I had come to a new altitude, and many very difficult subjects. In his opinion, it was not very difficult and could be completed with the fastest speed and most accurate results. The teachers had to marvel at the “Chinese Pang” who was not handsome, but really learned.

June 8, 2007, MIT Ph.D. Graduation Ceremony Photos

In the 5 years of numbness, Pang Huadong said that different mathematics topics are repeated every day and they can be completed very well every day.

In fact, these mathematics models are very, very difficult for other students. They often take a lot of time and a lot of energy. However, in the eyes of Xue Huadong, everything is quickly solved.

“Genius boy is a genius boy. For him, he is enjoying 5 years.” Students can only use this sentence to evaluate his 5 years Study experience, envy and hate.

In June 2007, in the year of graduation, when the students were still worrying about the graduation thesis, Pang Huadong once again had a good fortune. In Wall Street in New York, 500 kilometers away from Massachusetts Institute of Technology, Pang Huadong was hired by the world-famous JPMorgan Chase Investment Bank, responsible for the development and execution of fixed-income self-operated trade and risk control models.

Photos with sels capital Nelson Saiers in 2014

When Morgan first arrived, the senior management team continuously conducted several tests with Pang Huadong in practical cases, and once again broke into the core project team consisting of 13 managing directors.

The appreciation of senior executives is due to the fact that Pang Huadong’s mathematical model can play a huge role in Morgan’s fixed-income program. In Pang Huadong’s words, “everything that follows is evil.”

It turned out that Morgan executives have realized that there may be economic crises around the world, but they are incapable of doing what they can do, deal with them as early as possible in some projects, in order to maximise the possibility of recovering losses, and the main core tasks of these projects are. It was handed over to “China Pang.”

Pang Huadong said that during that period of high-pressure work every day, the eve of the 2008 economic crisis, various storms unexpectedly arrived, and in the end all projects were basically in accordance with the high The intention of the management team is handled. Due to his excellent work, Pang Huadong was then adjusted to the risk model R&D and monitoring department responsible for such products as bond and bond credit swaps.

In October 2009, Pang Huadong was appointed vice president by JPMorgan Chase Investment Bank, responsible for R&D and implementation of equity derivatives pricing and hedging models, and risk control systems for monitoring stock derivatives. This is a job that can maximize the mathematics that Pang Huadong has loved.

Photographed with James Simons, king of Wall Street Quantification in 2010

In this year, Pang Huadong was only 28 years old. At 28 years old, he was already well-known in the Wall Street industry. “China Pang” has become a Chinese youth in the United States. a banner. Afterwards, as a well-known professional manager, Pang Huadong was successively invited by the well-known Says Capital (formerly Letter Fund) and Ernst & Young as the chief quantitative strategist and quantity risk control manager. Responsible for R&D and firm trading of global options futures strategies, taking charge of the main volatility arbitrage, and providing quantitative risk control solutions and consulting services for financial derivatives to major investment banks and major financial institutions in Wall Street.
However, for Pang Huadong, it was not these positions that were the most important during that time. Instead, he was the chairman of the Alma Mater School of Science and Technology University Alumni Foundation. Because of this origin, he exchanged ideas with many alumni of the China University of Science and Technology in the blockchain industry. A huge opportunity for the blockchain industry, this discovery will end his 15-year career in the United States.

Hugging the Blockchain< /strong>

In early 2017, he met an alumnus in a China University of Science and Technology Alumni Foundation event. The alumni system introduced him to the blockchain. Pang Huadong believed that blockchain technology is a revolutionary technology. His many years of working experience in the financial field, using his own studies, can do a lot of things in the blockchain field.

Photographed by Alan Larson, former U.S. Deputy Secretary of State at the Washington China-US Investment & Finance Summit in 2017

Therefore, Pang Huadong, who uses mathematics as his life ideal, believes that the blockchain can make him use what he learns. Therefore, he determined his determination to return to China to start a business. Even if he got the green card of the United States, he resigned from all positions on Wall Street. Back to Beijing. Joined Alumni in 2016 to establish a digital moment (Beijing) Co., Ltd., as a partner, CFO.
Before returning to China, Pang Huadong used a mathematical model to systematically analyze the technology industry in Silicon Valley in the United States. He believes that Silicon Valley under the blockchain model may soon replace Wall Street. The technology of blockchain is bound to overturn the financial structure. Especially in the beginning of 2018, the blockchain became a hot spot with an incomprehensible attitude and became the first “outlet”.

Just as it was 23 years ago, the small county town of Hanting District, Weifang City, Shandong Province, and the China University of Science and Technology are pursuing the same legend of the talented young boy of the Pang family. We believe that after 20 years, people will talk about Bitcoin as they do on the Internet today, and 100% of transactions will be done on the blockchain. Similar optimistic predictions spread like viruses in the investment community, creating an unanticipated spree.

Nowadays, Pang Huadong has already walked 30 times and began to move toward a deceptive year. This golden age is for him to accelerate the most brilliant age in life.

Pang Huadong couldn’t wait a bit. After returning home to work in the night, he even commented: “The blockchain is the ninth largest miracle in the world.” There is no one at present. This kind of technology, like blockchain, will bring such vast possibilities to the future social transformation. He used the mathematical model to analyze the construction of the data-related legal system in China and the western developed countries in the past 100 years. At present, China has only just begun. This pattern leads to extremely low data transaction illegal costs and restricts the development of the industry.

In the industry of blockchain, he has found his place in mathematics. What he is currently doing is based on the strength of leading blockchain technology, as well as building a blockchain model that is rooted in practice. The blockchain value leader leads the upgrade towards value empowerment, providing a full ecologically accelerated service to teams, projects and companies seeking to transform into a blockchain.

Although it took more than a year since its official start, Pang Huadong and his team’s technical rankings are already in the top 30 industry positions in the country.

Many people concerned about him believe that this data will soon be refreshed by himself.

According to the blockchain utility roadmap released by McKinsey, 2017 to 2020 will be the shaping phase of the blockchain technology infrastructure. The world’s major investment banks and technology companies have accelerated their layout in the blockchain.

Pang Huadong and his executives believe that in the context of the new financial era, corporate transformation and upgrading is the trend, technology is the key, and the blockchain is currently the best, most One of the safe choices. Supply chain is the second largest application area of ​​blockchain after financial services. The ever-changing business environment brings new risks. How to use new technologies to innovate and change is the challenge and opportunity that companies face.

And as the leading value chain data-linking operation service provider based on blockchain technology in China, they have been committed to customer and technology innovation through technology and business since its establishment. Bring security, quality, equality, efficiency, and low-cost value-added Internet operating services.

According to Pang Huadong’s Digital Momentum Technology, their “Membre of Momentum” (based on the data federation computing platform to provide full-chain data computing services), “MoM” (finance machine learning training platform) and “Module” (Financial Decision Model Service) Platform) The three core business services have been successful for nearly 200 financial and banking clients and partners.

In May 2017, the team received an investment in Angel Wheel from Lenovo Star and became the first blockchain company invested by Lenovo Star.

Everything seems to be ready. Everything has started but it seems to have just begun.

In the new career, Pang Huadong seems to gradually fade the childish aura of the prodigy, but another brilliance about the blockchain has already waited for him.

To this day, no one has questioned whether Pang Huadong is an elite person, because in itself he is “success,” a success that surrounds us.


Authors | Lin Long




Heroes of the Chain is produced by the Blockchain Technology Foundation of Singapore, Blockchain Lab of Tsinghua University and Blockchain Lab of Renmin University of China. It aims to record the heroes emerging in the history of blockchain development.

Contact email: [email protected]


《链英雄》由新加坡区块链技术基金会、清华大学区块链实验室、中国人民大学区块链实验室指导出品。旨在记录区块链发展史中涌现出来的英雄人物。《链英雄》是《中国IT口述历史》组成部分,采用一次采访,多人多次,写作制作多个版本,多媒体,多渠道发行的全媒体传播方式。新浪联合创始人陈彤和《知识英雄》作者刘韧任顾问,林龙任主编。联系邮箱[email protected]