Last week , on December 17, 2019, the inaugural ceremony for the new Wanchain East China Headquarters was held in the water town of Hangzhou. The ceremony was well attended by various local business leaders and officials such as Mr. Fang Yuyou, CEO of Proya, Mr. Yang Hongbin, Deputy Director of the Zhenjiang Civil Affairs Bureau, Zheng Xiaolin, President of Huatong Cloud Technology, Jin Huayue, CEO of Gonglian Technology, Yongbao Bao, CEO of Orange Chain Technology, Wan Hui, CEO of Menghui Culture Communication, Wang Shidong, CEO of Dongzhang Capital, and Wang Di, Partner of Dongzhang Capital.
The vision of Wanchain
Jack Lu, the current president and CEO of Wanchain gave a broad introduction to the history of cryptocurrencies, analyzed the development of public chains and blockchain technology from the perspective of Bitcoin and Ethereum, as well as consortium chains and the past and future business outlook of the technology. Mr. Li Ni, Vice President of Wanchain, painted the whole industry from the perspective of blockchain enabling the real economy. He explored how the distributed, immutable, and trustless characteristics of blockchain enable the development of applications in the fields of traceability, government accountability, social welfare tracing, logistics, certificate storage, supply chain finance, and other fields.
Professor Nicholas Krapels, a China-based American Economics professor currently teaching at Tongji and East China Normal University focused on logistics. He discussed how a blockchain-enabled logistics industry can greatly optimize all aspects of the business and greatly improve the transparency and traceability of logistics information. In that way , Wanchain is set to make a significant impact on both private enterprise and government industries. The opening of the Wanchain East office marks a major development for Wanchain’s operations and expansion efforts.
More information about the new office in China can be found at https://www.wanchain.org/