The Lendit fintech summit was held in Shanghai, the global industry experts and elites gathered together for the Fintech discussion, and breakout sessions including Blockchain, new finance innovation, banks and so on. The co-founder Yu Xuemai was invited to make the speech of Blockchain application, togethere with the CTO Lou Rongge of WanXiang Blockchain and the vice-president Wang Yunxiang of Foxconn financial platform. The topic is mainly around the combination points of Blockchain and supply chain, the application scene and model, technical choice and many other aspects.
The core enterprises position in the supply industry which are different from the upstream and downstream firms: such weekly correlated medium and small companys should financing based on the credit itself. On the other side, the behind risks from information asymmetry and incomplete disclosure are increasing. However, the Blockchain characteristics of information transparency, traceability and immutability can make great use on the application of supply chain.
The following questions are discussed in the meetup.
Wang: In the supply finance, the original intention for Blockchain technology is to change the current model, to solve the financing difficulty in the traditional supply finance of the small and medium sized firms.
Luo: Wanxiang is familiar with the fields like vehicle industry and parts supply, we are focusing on the areas of expertise, then to the further value by technical innovation.
Yu: Shuqin Tech is stil devoted ourselves into the vertical field of Blockchain application, started from the value developing of data asset based on Blockchain technology. At the same time, we are also cooperate with Beijing wood electronic exchange center, market-oriented to the small and micro companies of wood supply, then to set up a supply financial platform based on Blockchain.
On the round table meeting, they further to the consensus of business model with Blockchain technology: for the business application of supply chain, the business model which is more important than technology.
Wang: Comparatively, technology seems not too important, the business model is the key. Only by determining the core of supply chain can we achieve the goal. As the saying of Accenture goes “Blockchain is a technical integration, not means the innovation”, so we can combine other technology with Blockchain technology to solve the practical problems.
Luo: For the relationship of Blockchain technology and business model, the business model is the soul, and the technology is the body. During the exploring of Blockchain application, a large scale of business application stiil on the initial stage. The next key step is for the breakthrough of cryptography, we need higher level of information security for the wide range application.
Yu: Agree above. As a Blockchain startup, Shuqin Tech is still insist on the launch of Blcokchain application, as well as the technical iteration. We are also trying to form data increment for more trusted data. From the information Internet to the trusted Internet, finally to the value Internet, data is the only truthful thing to make great use in any scenes, then to construct the basic stone of an ideal digital society.
Exactly, the application of Blockchain is a iterative procedure, and Shuqin Tech will work on more application fields, to enhance security and save cost at the same time. Therefore, Blockchain not only plays an important role in the supply chain, but also for many other industries.
WHAT WE ARE SEEKING FOR:
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- /> These developers will develop Blockchain big data products and e-data attestation services as well as build our next generation of web applications. <
/> WHAT YOU WILL DO:
- Work on the most interesting and challenging problems in the Blockchain space.
- Be a part of a Blockchain team committed to the advancing technology
- Build reusable, modular code liaries for use across Blockchains product line.
- Work on an industry-leading product with big data.
- The foremost quality for this or any position at Blockchain is integrity.
- Experience working with Java, golang and relational databases.
- Thrive on learning new technologies and dont believe in one-size-fits-all solutions.
- Understand how all the pieces fit together (front-end, database, network layer, etc.) and how they impact the performance of your application.
- Familiar with IBM Hyerledger, Ethereum, siacoin or bitcoin.
- Strong attention to detail.
Contact us: js@baoquan.com
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