Time：2018-05-24 18:44:35
CollectionOn May 24th, traceability chain of Beijing Blockchain Application Association vice chairman unit announced that it had won 5 million usd of A round financing. This round of financing will be used for the in-depth development of the bottom-level chain of the traceability chain, the application upgrade of cross-chain digital asset transfer, global team building, and the implement of traceability applications of various industries.
It is reported that joint investors of this round financing included Hyper Fund, H. Capital, Beecool, Node Capital, Ledong Capital, Star Yao Capital, Prophet Capital, Astar Fund, BIT VIVA fund, Chainfo Capital, FAR.VC, FFund, and SKYCC
On the same day, the traceability chain held a media communication meeting in Beijing. At the meeting, Wang Pengfei, the founder of the traceability chain, said that the traceability chain had overcome the challenges of cross-linked digital asset transfer between the public chain of traceability chain and the public chain of Ethereum, laying a solid foundation for the broader application of blockchain and also having made a meaningful attempt made to break through the isolated information islands between the blockchains.
It is worth noting that the traceability chain plan is officially launched on the main network on June 30, 2018.
Wang Pengfei pointed out: "Our main network has been tested internally, including DAPPs, wallets, and blockchain browsers which will be launched on the same time. The crossed chain have been successfully tested and will continuously be launched after the launch of main network. Later, the cross-chain digital asset transfer function will also come out in succession. It is reported that the main network code and blockchain browser code of the traceability chain have been publicized and can be viewed on GitHub.
At the meeting, Wang Pengfei announced for the first time the product system of the traceability chain, mainly serving consumers, companies and system integrators. "For consumers, they can use our blockchain browser to view relevant information, when it is generated, and when it works. For companies, we provide related SaaS systems, social marketing services, and social mall. System integrators are a very important part of our customers. We need to integrate 5,000 Chinese system integrators related to the anti-counterfeiting and retrospective techniques of supply chain into the system services. They eventually provide services to brand owners.” Wang Pengfei said.
In addition, many representatives of the traceability chain ecology also attended the media communication meeting and delivered speeches including: Wang Yi, Deputy Director of the Technology Research Department of GS1China; Dr. Peng Liu, Associate Researcher of China National Institute of Standardization, Fan Hong, Co-founder of Beijing Tenson Zhiyuan Technology Co., Ltd., Yu Dayang, the General Manager of Beijing Deji Information Technology Co., Ltd., and Jason Xu, founder of SH BW Supply Chain Management Co. Ltd.
(Source: Phoenix Finance)
Beijing Blockchain Application Association
February 23, 2018
BBAA
Project Investment