The Internet Finance Museum opened in Beijing on May 18, the World Museum Day. Located in Zhongguancun Internet Financial Park, it is the world's first museum on Internet finance.
The museum is expected to become an important platform for Internet financing and risk management, said Wu Xiaoling, previous vice president of the People's Bank of China.
Although Internet finance has recently become a hot issue, the museum includes many exhibits. High technology can be seen everywhere. A special set of the Daodejing by philosopher Laozi is on exhibit. The book can be accessed by scanning a QR code.
Wang Wei, founder of the Internet Finance Museum and director of the China Finance Museum said the museum is becoming a high-end financial community and broadcasts new concepts to change society's perceptions of finance.
Wang says the mission of a traditional museum is collecting and presenting history. The Internet Finance Museum has higher task of creating the future.
With a total exhibition area of 2,000 square meters, the Internet Finance Museum is divided into three regions – exhibition area, auditorium, and relaxing area.
Focused on financial innovation, the exhibitions introduce the finance industry, its development history, important figures, historic milestones, products, and the development of the Zhongguancun Internet Financing Park.
Corporate management teams, financiers, and entrepreneurs are able to acquire knowledge on Internet technological reform, financial innovation, and finance's influence on daily lives.
Sui Zhenjiang, secretary of Haidian District Party Committee suggested that an Internet finance pilot project should be built centered on the museum.
In addition, the museum launched a non-profit capital fund on Internet finance and a training center for entrepreneurs. Launched by the museum and the NCF Group, the 100 million yuan ($16.14 million) angel investment fund was launched on the same day of the museum's opening.
Apart from the Internet Finance Museum, Wang founded three museums in financial industry, which are the China Finance Museum in Tianjin, the China Foundation Museum in Suzhou, and the International Finance Museum in Beijing.
Wang said he wants the museum to be an open and free space for young people.
According to Wang, the finance industry has its own culture and inner logic. He hopes the public can understand its unique ideas.
The operations of the museum are unique. The museum presents the most updated information and development process of Internet finance through a series of events and figures. In other words, the museum is dynamic and needs to be updated in a timely manner. This is similar to the features of the Internet.
The museum will hold panels and invite professionals to speak with entrepreneurs. The museum is dedicated to establishing an influential platform to broadcast and communicate financial innovation, Internet technology, and culture.
The First Internet Finance Innovation Conference was held on the opening day. Lists of outstanding Internet financial institutions and Internet financial newcomers were released during the conference. JD Financial Department, ZhongAn Security, Wukong Capital Management, and Fenqile Down Payment Corporation were included in the lists.
"Internet finance started with young people who grew up with the Internet. The monitoring system for Internet finance is different from traditional finance. Based on fairness, freedom, and openness, the future of Internet finance will be bright," said Wang.