Wanxiang announces preparations for the world's largest blockchain summit in Beijing

Dr. Xiao Feng, founder of Wanxiang Blockchain Lab

Wanxiang announces preparations for the world's largest blockchain summit in Beijing

BEIJING, August 23, 2016 /PRNewswire/ -- On August 22, 2016, Wanxiang Blockchain Lab held its "2016 Second Blockchain Global Summit" prospect exchange event at Beijing Financial Coffee, and signed the book "Blockchain Society" co-published by it and Blockchain Pencil (CHAINB). In addition, the industry white paper written by Wanxiang Blockchain Lab will also be released during the summit.

As the outpost of the "2016 Blockchain Global Summit" in Beijing, the event received positive responses and attention from the media, investors, IT geeks and entrepreneurs. Guests including Dr. Xiao Feng, Vice Chairman and Executive Director of China Wanxiang Holdings Co., Ltd. and founder of Wanxiang Blockchain Lab, Gong Ming, founder of Blockchain Pencil, Qiao Weibing, Deputy Editor-in-Chief of CITIC Press, and Du Yu, head of Wanxiang Blockchain Lab, appeared on the scene and had discussions with the guests.

The topic extended from the discussion of the "China Blockchain Industry Conference" held at the National Convention Center the day before, from the viewpoint that "blockchain should not be called decentralized, but distributed" coincided with the viewpoint of Li Lihui, the former president of the Bank of China, to Kevin Kelly's interpretation and definition of the concept of distribution in the book "Out of Control" published as early as 1990, and then to the "Shanghai Blockchain International Week (September 19-24, 2016)" which will be unveiled in Shanghai on September 19, 2016. This International Week will lead the topic from the popularization of concepts last year to the construction of specific scenarios, and through the demonstration of successful foreign entrepreneurial projects, it will help domestic entrepreneurs to break the bubble of high start-ups and guide the direction.

Since Wanxiang Blockchain Lab successfully held the "First Global Blockchain Summit" in October last year, the discussion and attention on "blockchain" in China has become increasingly heated; the "Second Global Blockchain Summit (September 23-24, 2016)" also hosted by Wanxiang is an important part of this international week and will attract more than 700 guests from all over the world to gather at the Hyatt on the Bund Shanghai, including: 10+ regulatory agencies, 20+ large financial institutions, 38+ famous domestic and foreign institutional speakers, 10+ key academic institutions at home and abroad, etc., who will discuss the application of blockchain technology in the global banking, securities trading, insurance and energy industries, covering the mainstream underlying technology, application scenarios and development trends of the blockchain industry.

Dr. Xiao Feng mentioned in his sharing in Shanghai: Many people are worried that the blockchain industry is overheated and has bubbles. In fact, bubbles can drive the industry forward at full speed and gain unprecedented attention, which can actually promote the popularization of concepts and multi-scenario applications; the current public opinion has done a good job in popularizing the first round of concepts. The next stage, which is the full-scale application practice that is currently lacking in China, is the direction that Chinese practitioners need to explore; in addition to introducing the global cases studied in "Blockchain Society", this summit invites world-renowned blockchain startup projects and companies to share on-site DEMOs; so that more domestic startups have the opportunity to listen and learn how to implement from the concept to the technical level. If last year's summit was about "What is blockchain?" and "What can blockchain do?", then this year's focus is to give practitioners guidance and tell them how to achieve it, which will actually promote the development of China's blockchain industry.

It is worth mentioning that "Blockchain Society: Decoding Blockchain's Global Applications and Investment Cases" published by CITIC Press, a collaboration between Wanxiang Blockchain Lab and Blockchain Pencil, is one of the three major publications before the summit. For readers who are keenly following the dynamics of the industry, the author Mr. Gong Ming believes that blockchain is about to subvert and deconstruct traditional financial institutions, and the changes to the financial industry are profound. The book discloses detailed data on 258 global blockchain industry investment cases for the first time, and comprehensively sorts out the concept of blockchain, hoping to help practitioners find their place in this era that is about to be changed.

The summit is expected to become the world's largest and most internationally participated industry summit dialogue platform. It is revealed that during the summit, Wanxiang Blockchain Lab plans to release a white paper on the blockchain industry and announce a number of important news. Let us wait and see.

About Wanxiang Blockchain Labs www.blockchainlabs.org

It is a cutting-edge research institution focusing on blockchain technology. The laboratory will gather experts in the field to conduct research and discussion on technology development, commercial applications, industrial strategy, etc., provide guidance for entrepreneurs, provide reference for industry development and policy formulation, and promote blockchain technology to serve the progress and development of social economy.