jinshizichan asset management non-performing asset data

[yaoyuanww]

Large Dataset Notary Application

To apply for DataCap to onboard your dataset to Filecoin, please fill out the following.

Core Information

• Organization Name: shanghai jinshizichan asset management
• Website / Social Media: https://www.jinshizichan.cn/
• Total amount of DataCap being requested (between 500 TiB and 5 PiB): 1PiB
• Weekly allocation of DataCap requested (usually between 1-100TiB):50TiB
• On-chain address for first allocation: f1sshymsne7x3cndwflpk57ozerlzkxgzv7aknadq
• Type: Custom Notary
• Identifier: E-fil

Please respond to the questions below by replacing the text saying "Please answer here". Include as much detail as you can in your answer.

Project details

Share a brief history of your project and organization.

Shanghai Jinshizichan Asset Management Co., Ltd. was established in November 2015 with a registered capital of 14 million USD. The company specializes  on management of non-performing assets. The company is registered in Shanghai, and has set up Qingdao headquarters, Beijing branch, Shanghai branch, Shenzhen branch and  Nanjing branch and other regional operation services. The main business focuses on Shanghai, Beijing, Qingdao, Shenzhen, Yangtze River Delta and Pearl River Delta. Adhering to the basic principles of safety, efficiency, rapid realization and asset revitalization, we are committed to build a one-stop service platform for special asset disposal .The company has talented  teams in project development, resource integration, due diligence, risk control, asset disposal and other areas, the team members are mainly composed of financial institutions, AMC, practicing lawyers, auditors, accountants and other professionals. Today, the company has established close cooperative relations with many well-known domestic service institutions.
At present, the assets under management exceeds 200 million USD. 
The business scope of the Shanghai Jinshizichan Asset management is composed of:
1. Acquisition and disposal of non-performing assets
2. Enterprise debt restructuring
3. Asset foreclosure sales services

The data storage project is mostly about Acquisition and disposal of non-performing assets.
Acquisition and disposal of non-performing assets mainly provides acquisition and disposal services for non-performing loan business generated by banks, trusts, funds, small loans and other licensed financial institutions. Among many financial businesses, real estate, land and commercial mortgage assets are the mainstream assets in the acquisition and disposal of non-performing businesses.
Banks, trusts, small loans and other licensed financial institutions engaged in financial services, special enterprise financing loans, there are a large number of real estates, commercial, industrial land and other property mortgage financial business, in recent years affected by the macroeconomic environment, the non-performing assets of financial industry has increased rapidly. In order to quickly recover capital, reduce losses, and meet regulatory requirements, financial institutions have a large number of disposal needs for non-performing assets.
At present, the main asset classes that Jinshizichan Asset Management focuses on are high-quality non-performing assets such as residential mortgages, commercial and industrial. The data we would like to store on fiecoin network mostly derived from information Collection, due diligence and asset disposal part of the business operation.
1. Information Collection. Through information collection and channel recommendation, collect information from financial institutions
2. Asset due diligence. Through its legal team and accountant team, Jinshizichan Asset Management conducts full due diligence on assets, including asset appraisal, debt relationship combing, asset preservation investigation, debtor interview, legal risk investigation, asset market recommendation, etc. 
3. Asset disposal. After obtaining the asset package, Jinshizichan will negotiate with the debtor to repurchase and settle, transfer creditor's rights or apply to the court through a lawyer to auction the collateral online to execute the payment.
Jinshizichan will perform due diligence over 1 billion USD worth of assets per year, which will generate a large number of due diligence data of assets and properties. The main form of due diligence data is videos and pictures of the assets.

What is the primary source of funding for this project?

jinshizichan asset management

What other projects/ecosystem stakeholders is this project associated with?

none

Use-case details

Describe the data being stored onto Filecoin

Jinshizichan will perform due diligence over 1 billion USD worth of assets per year, which will generate a large number of due diligence data of assets and properties. The main form of due diligence data is videos and pictures of the assets.

Where was the data in this dataset sourced from?

our own servers

Can you share a sample of the data? A link to a file, an image, a table, etc., are good ways to do this.

https://drive.google.com/file/d/1O0MNhaeSQfS_Z0JpEhfDmWcsmzYhuc_p/view?usp=share_link
https://drive.google.com/file/d/1g8nWui6nuUuuV6d8IRFlYQjsi0gaR6Ab/view?usp=share_link
https://drive.google.com/file/d/1q77ntrrW2YXPecax5W3TA36wQtfY8SFs/view?usp=share_link

Confirm that this is a public dataset that can be retrieved by anyone on the Network (i.e., no specific permissions or access rights are required to view the data).

N/A

What is the expected retrieval frequency for this data?

at least once every 3 months

For how long do you plan to keep this dataset stored on Filecoin?

2 years at least

DataCap allocation plan

In which geographies (countries, regions) do you plan on making storage deals?

China, USA, and other continents

How will you be distributing your data to storage providers? Is there an offline data transfer process?

online and off-line

How do you plan on choosing the storage providers with whom you will be making deals? This should include a plan to ensure the data is retrievable in the future both by you and others.

we are working with Linkspeed, for the rest SPs, we will find them through referral or slack

How will you be distributing deals across storage providers?

We intend to store 4-5 duplicates

Do you have the resources/funding to start making deals as soon as you receive DataCap? What support from the community would help you onboard onto Filecoin?

yes, we have resources to start making deals as soon as we receive DataCap. No additional support needed right now.

[large-datacap-requests[bot]]

Thanks for your request! Everything looks good. :ok_hand:

A Governance Team member will review the information provided and contact you back pretty soon.

[large-datacap-requests[bot]]

Thanks for your request! Everything looks good. :ok_hand:

A Governance Team member will review the information provided and contact you back pretty soon.

[large-datacap-requests[bot]]

Thanks for your request! Everything looks good. :ok_hand:

A Governance Team member will review the information provided and contact you back pretty soon.

[kevzak]

Hello @yaoyuanww - thank you for completing an exceptions proposal with SP information to support this application for E-Fil+.

Also, I can confirm for the Fil+ team that you are the first to complete the Synaps.io KYC/KYB check, which is a complete check of applicant and business and have passed it successfully.

[kevzak]

Datacap Request Trigger

Total DataCap requested

1PiB

Expected weekly DataCap usage rate

50TiB

Client address

f1sshymsne7x3cndwflpk57ozerlzkxgzv7aknadq

[large-datacap-requests[bot]]

DataCap Allocation requested

Multisig Notary address

f01940930

Client address

f1sshymsne7x3cndwflpk57ozerlzkxgzv7aknadq

DataCap allocation requested

25TiB

Id

fd627dad-dca2-460c-9105-0e708ab64a30

[large-datacap-requests[bot]]

Hello @bmcnabb25 - @xingjitansuo , please sign the datacap request

[filplus-checker-app[bot]]

DataCap and CID Checker Report[^1]

There is no previous allocation for this issue.

[^1]: To manually trigger this report, add a comment with text checker:manualTrigger

[kevzak]

I can confirm for the Fil+ team that you are the first to complete the Synaps.io KYC/KYB check, which is a complete check of applicant and business and have passed it successfully. Notaries let me know if you have any questions

[kevzak]

Hello @bmcnabb25 and @xingjitansuo giving you another chance to review this application. Please let me know ASAP if you cannot.

[cryptowhizzard]

Hi @kevzak

I don't mind stepping in and sign if the other notary's are busy during CNY.

KYC seems ok as i understand. Does this applicant have an onboarding plan? Who are the first SP's to store their data and where are they located?

[kevzak]

Thanks @cryptowhizzard yes, KYC/KYB completed successfully and their SP details are linked in a comment above: https://github.com/filecoin-project/filecoin-plus-large-datasets/issues/1340#issuecomment-1375632391

Would love your feedback for @yaoyuanww, thanks

[cryptowhizzard]

Hi,

As far as i can see f01736786 is not reachable over the internet, i can't verify it's owner. Is it from the applicant himself to store the real copy of the data? ( If so it is perfectly fine with me but i just would like to know )

f01906874 / f01997834 belong to Linkspeed

f01736786 is brand new and has only been seen in here. making fame on one LDN. Is it owned by Ghostbyte?

To conclude the data onboard plan is a bit slim for the start. I would prefer one or 1 extra SP to sign of with to have 4 independent partners here instead of 3. Is this possible?

[cryptowhizzard]

Hello @yaoyuanww

Can you provide me with and extra SP/ Organization? I would like to get this moving for you.

[yaoyuanww]

@cryptowhizzard @Kevin-FF-USA thanks guys, I have updated sp info table https://github.com/filecoin-project/notary-governance/issues/792 added two sps, f01901773，f02002918. make it total 4 sps. again thanks guys.

[cryptowhizzard]

Hello @yaoyuanww

Can you contact me on slack please.

[yaoyuanww]

@cryptowhizzard sure, what's your slack handle?

[cryptowhizzard]

@yaoyuanww

WijnandSchouten

[cryptowhizzard]

Confirmed that SP's f01981059 f01996927 will be used for this allocation per slack and not f01901773 f02002918.

[cryptowhizzard]

@kevzak

1340 is not visible in my dash. I am willing to sign. Can you please fix?

[kevzak]

@cryptowhizzard can you see this one yet? @fabriziogianni7 FYI

[filplus-checker-app[bot]]

DataCap and CID Checker Report[^1]

There is no previous allocation for this issue.

[^1]: To manually trigger this report, add a comment with text checker:manualTrigger

[kevzak]

@cryptowhizzard any update here?

I'm also randomly assigning two new notaries. @BlockMakeronline @MatrixStorage

Reminder, this client completed full KYC/KYB via synaps product. Also, SPs are shared https://github.com/filecoin-project/filecoin-plus-large-datasets/issues/1340#issuecomment-1407353052

Let's follow the new SLA https://github.com/filecoin-project/notary-governance/discussions/807 Please comment by Feb 6th. We ask you to leave a comment on the client, data, or SPs as needed.

If you chose not to sign for any reason, please comment as well so I can assign another notary to review.

[cryptowhizzard]

Request Proposed

Your Datacap Allocation Request has been proposed by the Notary

Message sent to Filecoin Network

bafy2bzaceb24maj3vao675t5jqhexdjo2brnv7fgswgoi7ufw55vk4c5icmgm

Address

f1sshymsne7x3cndwflpk57ozerlzkxgzv7aknadq

Datacap Allocated

25.00TiB

Signer Address

f1krmypm4uoxxf3g7okrwtrahlmpcph3y7rbqqgfa

Id

You can check the status of the message here: https://filfox.info/en/message/bafy2bzaceb24maj3vao675t5jqhexdjo2brnv7fgswgoi7ufw55vk4c5icmgm

[kevzak]

No comment from @BlockMakeronline @MatrixStorage. That's one missed assignment.

We're moving forward with two new randomly assigned notaries. @derricktan23 @liyunzhi-666

We're following the updated Notary SLA https://github.com/filecoin-project/notary-governance/discussions/807

Please review the application details for the Client, Data, and SPs and leave a comment. Please comment by Feb 9th.

Please also note that this client passed third party KYC/KYB check.

If you chose not to sign, please leave a comment why so I can assign another notary if needed.

[liyunzhi-666]

Based on the confirmation information in the response, I advise the client @yaoyuanww to update the revised SP information to #792

When all information is clear and unambiguous, I will perform some due diligence. cc @kevzak

[derricktan23]

Hello @yaoyuanww , may u explain what does the backup data includes, private data from the client (confidential docs, DB backup) ?

[liyunzhi-666]

Request Approved

Your Datacap Allocation Request has been approved by the Notary

Message sent to Filecoin Network

bafy2bzacebmnxmg745env662fajsgs7tylwyfhed5re6tvoqs5xrynmmfj2oa

Address

f1sshymsne7x3cndwflpk57ozerlzkxgzv7aknadq

Datacap Allocated

25.00TiB

Signer Address

f1pszcrsciyixyuxxukkvtazcokexbn54amf7gvoq

Id

fd627dad-dca2-460c-9105-0e708ab64a30

You can check the status of the message here: https://filfox.info/en/message/bafy2bzacebmnxmg745env662fajsgs7tylwyfhed5re6tvoqs5xrynmmfj2oa

[liyunzhi-666]

Based on the information #792, everything looks good. I also tried to search for the list of SPs disclosed and all were successful.

Since it is the first round, I only see plans stored in two continents so far, and hope to see SPs from other continents in subsequent allocations. @yaoyuanww

[yaoyuanww]

@cryptowhizzard @liyunzhi-666 @kevzak Thanks guys. I appreciated the effort. We will strictly follow the FIL+ standard to finish the allocations. We are new to this, so if there is anything we did not do it right, please let us know asap.

[derricktan23]

I have not received a reply from @yaoyuanww . Therefore, the delay in signing.

[large-datacap-requests[bot]]

DataCap Allocation requested

Request number 2

Multisig Notary address

f01940930

Client address

f1sshymsne7x3cndwflpk57ozerlzkxgzv7aknadq

DataCap allocation requested

50TiB

Id

bca56161-d563-4fc2-9c82-29b0ceb5a933

[filplus-checker-app[bot]]

DataCap and CID Checker Report Summary[^1]

Storage Provider Distribution

✔️ Storage provider distribution looks healthy.

Deal Data Replication

✔️ Data replication looks healthy.

Deal Data Shared with other Clients[^3]

✔️ No CID sharing has been observed.

[^1]: To manually trigger this report, add a comment with text checker:manualTrigger

[^2]: Deals from those addresses are combined into this report as they are specified with checker:manualTrigger

[^3]: To manually trigger this report with deals from other related addresses, add a comment with text checker:manualTrigger <other_address_1> <other_address_2> ...

Full report

Click here to view the full report.

[filplus-checker-app[bot]]

DataCap and CID Checker Report Summary[^1]

Storage Provider Distribution

✔️ Storage provider distribution looks healthy.

Deal Data Replication

✔️ Data replication looks healthy.

Deal Data Shared with other Clients[^3]

✔️ No CID sharing has been observed.

[^1]: To manually trigger this report, add a comment with text checker:manualTrigger

[^2]: Deals from those addresses are combined into this report as they are specified with checker:manualTrigger

[^3]: To manually trigger this report with deals from other related addresses, add a comment with text checker:manualTrigger <other_address_1> <other_address_2> ...

Full report

Click here to view the full report.

[kevzak]

@derricktan23 did you ever hear back from @yaoyuanww ?

We're moving forward with the next allocation and two new randomly assigned notaries. @jamerduhgamer @PluskitOfficial

We're following the updated Notary SLA https://github.com/filecoin-project/notary-governance/discussions/807

Please review the application details for the Client, Data, and SPs and leave a comment. Please comment by March 23rd.

[PluskitOfficial]

Everything looks good. Willing to support.

[PluskitOfficial]

Request Proposed

Your Datacap Allocation Request has been proposed by the Notary

Message sent to Filecoin Network

bafy2bzacearf7af2edbrn2k3tdk5uupaqhtaauw3pizeyr2qinxip6el6pzlu

Address

f1sshymsne7x3cndwflpk57ozerlzkxgzv7aknadq

Datacap Allocated

50.00TiB

Signer Address

f1tgnlhtcmhwipfm7thsftxhn5k52velyjlazpvka

Id

You can check the status of the message here: https://filfox.info/en/message/bafy2bzacearf7af2edbrn2k3tdk5uupaqhtaauw3pizeyr2qinxip6el6pzlu

[large-datacap-requests[bot]]

We have found some problems in the information provided in the Approved Comment. We could not find Id** field in the information provided

Please, take a look at the comment and edit the body of the comment providing all the required information.

[large-datacap-requests[bot]]

We have found some problems in the information provided in the Approved Comment. We could not find Id** field in the information provided

Please, take a look at the comment and edit the body of the comment providing all the required information.

[filplus-checker-app[bot]]

DataCap and CID Checker Report Summary[^1]

Storage Provider Distribution

✔️ Storage provider distribution looks healthy.

Deal Data Replication

⚠️ 98.77% of deals are for data replicated across less than 4 storage providers.

Deal Data Shared with other Clients[^3]

✔️ No CID sharing has been observed.

[^1]: To manually trigger this report, add a comment with text checker:manualTrigger

[^2]: Deals from those addresses are combined into this report as they are specified with checker:manualTrigger

[^3]: To manually trigger this report with deals from other related addresses, add a comment with text checker:manualTrigger <other_address_1> <other_address_2> ...

Full report

Click here to view the full report.

[filplus-checker-app[bot]]

DataCap and CID Checker Report Summary[^1]

Storage Provider Distribution

✔️ Storage provider distribution looks healthy.

Deal Data Replication

⚠️ 98.77% of deals are for data replicated across less than 4 storage providers.

Deal Data Shared with other Clients[^3]

✔️ No CID sharing has been observed.

[^1]: To manually trigger this report, add a comment with text checker:manualTrigger

[^2]: Deals from those addresses are combined into this report as they are specified with checker:manualTrigger

[^3]: To manually trigger this report with deals from other related addresses, add a comment with text checker:manualTrigger <other_address_1> <other_address_2> ...

Full report

Click here to view the full report.

[yaoyuanww]

@jamerduhgamer can you take a look?

[kevzak]

We're following the updated Notary SLA https://github.com/filecoin-project/notary-governance/discussions/807 and randomly assigning: @laurarenpanda @xnmatrixsv Please review application details and comment by March 29th. Thanks!

[laurarenpanda]

About the 1st round, there is only one thing I'd like to point out: all SPs are located in Texas, US. If there aren't any strict limation, geographically, it would be better to have other SPs in different regions. However, this could be improved in the 2nd round. Still willing to support.

[yaoyuanww]

@laurarenpanda thanks, but it seems that you signed the third round which is 100TiB, we are just into the second round, that is why I can not see the new quota. can you take a look?

[kevzak]

@laurarenpanda thanks, but it seems that you signed the third round which is 100TiB, we are just into the second round, that is why I can not see the new quota. can you take a look?

@yaoyuanww she is talking about the results of the CID Checker report: https://github.com/data-preservation-programs/filplus-checker-assets/blob/main/filecoin-project/filecoin-plus-large-datasets/issues/1340/1679425498517.md

It shows Texas. You mentioned the following SPs would be involved: SP ID	SP org	SP region
f01901773		China
f02002918		China
f01906874	Linkspeed	USA
f01997834		USA

[laurarenpanda]

@laurarenpanda thanks, but it seems that you signed the third round which is 100TiB, we are just into the second round, that is why I can not see the new quota. can you take a look?

Hi, @yaoyuanww. It seemed the bot jumped over the 2nd round, and I could do nothing about it. However, if another Notary signs for this application, then you could get 100 TiB DC.

[XnMatrixSV]

@kevzak Thanks for the assignment, I am on it :) @yaoyuanww Can you share more info on the sample data with me? You could email them to me: notary@xnmatrixs.com

[panges2]

Deleted the past request and proposal because this proposal was not approved yet: https://github.com/filecoin-project/filecoin-plus-large-datasets/issues/1340#issuecomment-1477839430

[kevzak]

@laurarenpanda can you sign this again? We had to delete the past trigger and proposal because they were not syncing