Optherium Back From China
Optherium was quite busy in China, with Founder and CEO Serge Beck leading the way. Serge spent the last couple of weeks attending conferences and meetings with members of the blockchain industry in China that showed a lot of interest in what Optherium brings to the table.
Each of the cities we’ve visited is very unique, and each has its own flavor.
Shanghai is the finance center of China, with a super dynamic economy and a cluster of head offices of leading finance and investment companies.
Hangzhou represents one of the most innovative cities where blockchain is recognized with strong government support and community vitality, as well as an outstanding startup spirit.
Beijing is the capital and political center of China, where all the top resources from each industry reside. From the standard-making supervision bureau to the headquarters of multiple national companies and domestic giants corporate, Beijing is the place to be.
Shenzhen is the south gate of China and the symbolic special administration zone of the central government, an iconic center for high-tech companies, and the IT industry. It features a robust blockchain community and supportive locals.
China is Ready for Blockchain
China is a pivotal location for the development of the blockchain industry, and it appears ready to take off. High profile pronouncements from media and government figures have stoked the embers of the blockchain fire in the People’s Republic.
For example, last month, China Central Television (CCTV) host Chen Weihong hosted an hour-long segment that broke down the concepts, potential, and risks surrounding the adoption of blockchain technology. Weihong concluded that blockchain is “10 times more valuable than the internet.”
Moreover, Xin Guobin, the deputy director of China’s Ministry of Industry and Information Technology (MIIT) said blockchain is a strategic imperative that will play a central role for the world’s second largest economy in the near future.
Speaking at the 2018 National Expert Forum on Manufacturing Powerful Countries, Guobin said blockchain “can make up for the deficiencies of the traditional credit system, prevent information tampering and forgery, and save costs across society. This applies to finance, e-commerce, smart medical care, social security, Internet of Things, energy and other fields, and will have an important impact.”
Guobin is also the director of China’s National Leading Group for Manufacturing Power Construction, and promoted the industrial adoption of blockchain on a large scale.
Blockchain Companies are Booming in China
China is already a hot-bed of blockchain industry action. According to CCN, the country has seen a 454 percent spike in companies with the term “blockchain” in their name.
The South China Morning Post reported that this year alone, 3,078 Chinese companies have filed to include “blockchain” in their name, compared to 555 companies through all of 2017. Even more, consider blockchain an important part of their business strategy; in the past calendar year, more than 16,000 companies have identified the technology as part of their roadmap forward.
In terms of sheer volume, China is leading the U.S. when it comes to the creation of blockchain firms. Only 817 American businesses registered to use the word “blockchain” in their names. Could China emerge as the blockchain industry leader in the next few years?
If so, Optherium is here to help. Optherium is solving all the current fintech problems by building a private distributed ledger network permitting individuals and corporations to securely store, interchange, and trade digital assets with world fiat currencies worldwide, exactly what China is in need of and aiming for.
The Optherium Modular Ecosystem utilizes a private multi-decentralized private blockchains network, multi-secure, with dynamic biometric verification, and instant multi-signature transaction confirmations all on a Hyperledger Platform. This permits individuals and corporations to store their digital assets and execute instant transactions and confirmations worldwide, at rates over 100,000 transactions per second, in the most unique, patented, and secure ecosystem available.
Optherium Labs is thrilled to announce that we have opened our office in China.
Feel free to visit and contact us anytime 👇
广州市广州大道中289号印报楼3层301–308
301–308, 3/F., Printing Building, 289 Guangzhou Road Central, Guangzhou
- +8613678990770
- +8613288800098
To learn more:
Best regards,
Optherium Team
