Newchain: A practitioner focusing on the application of blockchain industry!

Reporter: Lydia

Nowadays, blockchain is no longer a disruptor. The key is implementation!

Recently, Wanxiang New Chain Accelerator (ChainBase) was the organizer and InnoSpring was the co-organizer to jointly hold the first round of entrepreneurial team review meeting of New Chain Accelerator. This review meeting means that the blockchain application innovation has been fully implemented in New Chain Accelerator.

Newchain Accelerator adheres to the principle of "professional, pragmatic and practical". In addition to gathering domestic and foreign industry experts and financial giants as judges, it is also because they are the most professional, rigorous, dedicated and effective in training entrepreneurial teams, and are practitioners who focus on the implementation of blockchain application projects.

Since the first phase of Wanxiang New Chain Accelerator Camp was officially launched on September 26, dozens of teams have signed up through various online and offline channels. The teams cover many industries such as finance, food, home improvement, credit reporting, manufacturing, and automotive supply chain.

Recently, the New Chain Accelerator Camp strictly selected 7 teams and conducted the first round of entry review.

This review conducts a detailed "physical examination" of the team's various capability indicators

At the review meeting, big names in blockchain technology, business, and capital fields "identified the crux of the problem" and "prescribed remedies" to provide detailed opinions and suggestions on the team's shortcomings from the perspectives of business scenarios, products, technology, marketing, customer development, and other aspects.

These valuable opinions will also be an important basis for the team to tailor acceleration plans after entering the camp in the future.

The New Chain Accelerator is different from venture capital. The intervention of capital is just the tip of the iceberg. How to use Wanxiang’s resources and capabilities in the blockchain field to help the most promising entrepreneurial teams grow and realize the commercial value of blockchain innovation is the original intention and the focus.

Many teams said they benefited a lot from the interaction with the judges. A team representative said with emotion: "Several professional judges gave us a lot of opinions and suggestions with unique perspectives. Fortunately, we also attached great importance to this event and did a lot of homework and preparation. It was very rewarding to communicate with the judges."

It is often said that blockchain technology has very high requirements. At this stage, the threshold for blockchain innovation is self-evident compared to traditional Internet innovation, so it requires the support and promotion of all parties in the industry.

Keep an eye on the NewChain Accelerator and wait and see the performance of these teams!

Experts for this review:

Dr. Xiao Feng

He is the Vice Chairman and Executive Director of China Wanxiang Holdings Co., Ltd., the Vice Chairman of Minsheng Life Insurance Co., Ltd., the Chairman of Wanxiang Trust Co., Ltd., the Chairman of Minsheng Tonghui Asset Management Co., Ltd., the Chairman of Tonglian Data Co., Ltd., and the Chairman of Tonglian Payment Network Services Co., Ltd. He is also the founder of Wanxiang Blockchain Lab. He has more than 20 years of experience in securities and asset management. Boshi Fund Management Co., Ltd., which he founded, is currently one of the largest fund companies in China in terms of asset management scale.

Liu Wanfeng

Chairman and President of Shanghai Chuangyuan Technology Development Co., Ltd. For more than a decade, he has been committed to promoting innovation and entrepreneurship in China. In early 2012, he led the establishment of the first Sino-US cross-border incubator, InnoSpring Inc., in Silicon Valley, dedicated to accelerating cross-border entrepreneurship and innovation services between China and the United States, and providing high-tech startups with an optimized entrepreneurial ecosystem and diversified services and support.

Shen Bo

Founder of Wanxiang Blockchain Lab, co-founder of Distributed Capital, and co-founder of BitShares. He also serves as a consultant for many blockchain companies around the world. He graduated with a master's degree in systems engineering from Georgia Institute of Technology in the United States and has 12 years of senior management experience in securities, hedge funds, and investment banks in the United States, China, and Hong Kong.

Bai Shuo

Former Chief Engineer of Shanghai Stock Exchange, Director of ChinaLedger Technical Committee. Graduated from Peking University with a Ph.D. in Science. Participated in the establishment of the National Computer Network Emergency Response Technical Coordination Center (CNCERT/CC) in 2000, and served as Chief Engineer of Shanghai Stock Exchange since 2002.

Wang Lijie

Currently the Director of Innovation Business of InnoSpring. He holds a Bachelor of Law and a Master of Law from Tsinghua University. From 2008 to 2010, he worked as a reporter and editor for Legal Finance. From 2010 to 2014, he worked as a lawyer in two top domestic law firms, Dacheng Law Firm and AllBright Law Offices, mainly engaged in corporate mergers and acquisitions, venture capital, and Internet finance.

Sun Lilin

Founder and CEO of Shanghai Juzhen Financial Information Service Co., Ltd. He has been responsible for the strategic planning, business development, management and expansion of innovative payment services, third-party payment institutions in China UnionPay for a long time. Currently, he is committed to the construction and operation of payment and clearing infrastructure, and his products cover payment + verification + account custody, etc. He entered the field of digital currency in 2012 and is committed to applying blockchain technology to the financial industry.

Tao Quming

As the head coach of Wanxiang New Chain Accelerator, partner of Wanxiang Blockchain Consulting, general manager of Wanyun Platform, and planning director of Wanxiang Blockchain Lab, he has more than 18 years of practical experience in service management and business management. He has established several influential IT service models in the retail, manufacturing, and financial industries, especially in the fields of enterprise IT outsourcing services, service product planning, service business strategy and management, and the use of advanced information technology and services including cloud computing to transform traditional industries and promote the business transformation of local enterprises.

Cheng Yu

Wanxiang New Chain Accelerator Business Model Coach, Wanxiang Blockchain Consulting Business Partner, Wanyun Platform Business and Product Leader. He has more than 16 years of experience in the Internet and finance industry, and has rich experience in real estate, international settlement, QFII fund management, cash management, corporate finance, cloud computing, and cloud platform design and implementation.

Xi Haifeng

Chief Technology Officer of Wanyun Technology. He has 17 years of rich experience in large-scale Internet product development and distributed application system integration. During his three years as Vice President of Technology of China Financial Online, he provided technical development and operation and maintenance support for two financial portals with a pageview of 10 million. In the United States for more than ten years, he worked for many world-renowned financial services and information technology companies of different sizes, successfully led or participated in business optimization, system integration and real-time data processing projects, holds a US invention patent, and has published many academic papers in first-class international conferences or magazines.

Co-organizer: InnoSpring

InnoSpring is a technology innovation service provider with professional capabilities, international vision and networked resources. It is committed to building a densely integrated platform for technology innovation resources around the world, providing technology innovation enterprises with end-to-end services such as industrialization services, space support, investment and financing, entrepreneur networks, entrepreneurial mentors, and market resource docking, helping enterprises grow rapidly and continuously improving regional innovation capabilities. The management team has more than 15 years of experience in operating science and technology parks and incubators, and has rich experience and successful cases in regional innovation development and helping domestic and foreign technology innovation enterprises grow globally.