Recently, ‘Hangzhou’ can be said to be stayed completely out of limelight in the major cities. As a city that has been dormant in the chain circle for a long time, Hangzhou has drawn public attention once again, and that is the question of connotation—— in the ‘Global Blockchain Patent list (Top 100) in 2017’, China has 49 enterprises, ranking first, and among them, Hangzhou occupied five seats on the list.
As a well-known local Blockchain media in Hangzhou, 8BTC has high popularity in the chain field. Today, NumChain welcomed 8BTC’s team, the co-founder Yu Xuemai and other partners were being interviewed.
“I’glad I’ve been living in Hangzhou.”Yu told 8BTC, “it’s not just a beautiful and warm hometown, it’s more about career empowerment.”
Indeed, Hangzhou showed the leading information Internet technology to us, the endless iteration of unrequited innovation technology, the long history of inclusive financial entrepreneurship, and the fact that it is.
Yu Xuemai
Graduated from University of Liverpool with First class degree in BSc E-Finance, and also holding MSc in Financial Risk Management with Distinction from ICMA Centre, University of Reading. Have been working in stated-owned banks, foreign banks, private financial corporate as well as PE sector. Translated “Agile Innovation” and is the co-author of “Blockchain and the new economy: the era of Cryptocurrency 2.0”
As the co-founder of NumChain Tech, Yu is optimistic about the future development of Blockchain. He hopes that he can deeply analysis the underlying technology of Blockchain through hard work and practice, and then building an ecosystem of the ‘blockchain+’ to create the real value of society.
However, there is still a lot of controversy about the prospect of Blockchain, and core technology of Blockchain such as consensus algorithm should be perfected and improved. On other hand, the processing efficiency of Blockchain is still difficult to meet the requirements of some high-frequency application environments in reality.
Besides the application, for data circulation, Blockchain would play a great role in it. As is known to all, big data is the energy source, but is has become a resource that other enterprise can sell and then become the precious wealth of large companies. So how does Blockchain make personal data into personal asset?
Securing liquid data assets is what NumChain Tech is trying to do, and is already doing.
After years of immersion in the chain circle, NumChain Tech has formed the approach of blockchain + forensic + notary + arbitration. Within those user cases, the blockchain is naturally a fantastic combination with big data, because blockchain can provide a clear path for transforming data from row material into a data asset and even further to the data capital. Therefore, the Trustworthy Electronic Certificate service + Blockchain as a Service platform + big data become the main engine of NumChain’s development.
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