State Grid Corporation of China Selects Wanchain’s Blockchain Technology to Upgrade National Data Management System

Wanchain Blockchain

Bitcoin Press Release: The State Grid Corporation of China will be adopting blockchain interoperability platform Wanchain’s technology for their national data management system.

 

30th March, 2021, Beijing, ChinaWanglu Tech Ltd. (“Wanchain”) is pleased to announce that the State Grid Corporation of China (“State Grid”) has approved the results of its contracted feasibility study. 

 

The study systematically analyzed the impact of integrating blockchain technology into State Grid’s national data management system and concluded that Wanchain’s blockchain technology is ideal to upgrade the world’s largest utility company’s national data management system. 

 

Study Highlights

The feasibility study results highlight the unique requirements of State Grid’s national data management system and outlines the specific consensus mechanisms and encryption algorithms best suited to integrate with existing systems. 

 

On the basis of these results, State Grid selected Wanchain’s interoperable blockchain technology to build a company-wide, inter-departmental, cross-regional data management system. This upgraded system will leverage Wanchain’s T-Bridge framework, enabling interoperability between private and public blockchains.

 

Jack Lu, Founder and CEO of Wanglu Tech notes: 

 

“We are extremely proud to be working with State Grid to modernize their data management system. Large enterprises present an important avenue for the widespread adoption of blockchain technology. Enterprise blockchain solutions highlight the need for truly interoperable solutions. This collaboration reinforces Wanchain’s interoperable blockchain technology as the best in the industry.”

 

Smart Contracts and 5G

State Grid will also use smart contracts to automate and streamline data management systems. Combined with other emerging technologies, such as 5G, State Grid is designing a new, integrated data management system using Wanchain’s blockchain technology.

 

About State Grid

State Grid is a central state-owned enterprise (“SOE”) established on December 29, 2002 under the Company Law of the People’s Republic of China. As a super large-scale SOE crucial to China’s energy security and economic lifeline, State Grid takes the investment, construction and operation of power grids as its core business, with a registered capital of RMB 829.5 billion.

 

State Grid supplies power to over 1.1 billion people in 26 provinces, autonomous regions and municipalities, covering 88% of the national territory. In 2020, the company ranked third on the Fortune Global 500 list. 

 

About Wanglu Tech Ltd.

Wanglu Tech Ltd., established in 2016, is a blockchain company dedicated to providing government and enterprise clients with innovative, interoperable blockchain solutions and applications. Wanglu Tech Ltd. handles the core development of the Wanchain blockchain infrastructure on behalf of the Wanchain Foundation.

 

Media Contact

Contact Name: Temujin Louie

Contact Email: temujin@wanchain.org

 

Learn more about Wanchainhttps://www.wanchain.org/ 

Follow Wanchain on Twitterhttps://twitter.com/wanchain_org

Find Wanchain on Facebookhttps://www.facebook.com/wanchainfoundation/

Join the official Wanchain Telegram grouphttps://t.me/WanchainCHAT 

 

Wanglu Tech Ltd. is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

Source

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State Grid Corporation of China Selects Wanchain’s Blockchain Technology to Upgrade National Data Management System

Wanchain Blockchain

Bitcoin Press Release: The State Grid Corporation of China will be adopting blockchain interoperability platform Wanchain’s technology for their national data management system.

 

30th March, 2021, Beijing, ChinaWanglu Tech Ltd. (“Wanchain”) is pleased to announce that the State Grid Corporation of China (“State Grid”) has approved the results of its contracted feasibility study. 

 

The study systematically analyzed the impact of integrating blockchain technology into State Grid’s national data management system and concluded that Wanchain’s blockchain technology is ideal to upgrade the world’s largest utility company’s national data management system. 

 

Study Highlights

The feasibility study results highlight the unique requirements of State Grid’s national data management system and outlines the specific consensus mechanisms and encryption algorithms best suited to integrate with existing systems. 

 

On the basis of these results, State Grid selected Wanchain’s interoperable blockchain technology to build a company-wide, inter-departmental, cross-regional data management system. This upgraded system will leverage Wanchain’s T-Bridge framework, enabling interoperability between private and public blockchains.

 

Jack Lu, Founder and CEO of Wanglu Tech notes: 

 

“We are extremely proud to be working with State Grid to modernize their data management system. Large enterprises present an important avenue for the widespread adoption of blockchain technology. Enterprise blockchain solutions highlight the need for truly interoperable solutions. This collaboration reinforces Wanchain’s interoperable blockchain technology as the best in the industry.”

 

Smart Contracts and 5G

State Grid will also use smart contracts to automate and streamline data management systems. Combined with other emerging technologies, such as 5G, State Grid is designing a new, integrated data management system using Wanchain’s blockchain technology.

 

About State Grid

State Grid is a central state-owned enterprise (“SOE”) established on December 29, 2002 under the Company Law of the People’s Republic of China. As a super large-scale SOE crucial to China’s energy security and economic lifeline, State Grid takes the investment, construction and operation of power grids as its core business, with a registered capital of RMB 829.5 billion.

 

State Grid supplies power to over 1.1 billion people in 26 provinces, autonomous regions and municipalities, covering 88% of the national territory. In 2020, the company ranked third on the Fortune Global 500 list. 

 

About Wanglu Tech Ltd.

Wanglu Tech Ltd., established in 2016, is a blockchain company dedicated to providing government and enterprise clients with innovative, interoperable blockchain solutions and applications. Wanglu Tech Ltd. handles the core development of the Wanchain blockchain infrastructure on behalf of the Wanchain Foundation.

 

Media Contact

Contact Name: Temujin Louie

Contact Email: temujin@wanchain.org

 

Learn more about Wanchainhttps://www.wanchain.org/ 

Follow Wanchain on Twitterhttps://twitter.com/wanchain_org

Find Wanchain on Facebookhttps://www.facebook.com/wanchainfoundation/

Join the official Wanchain Telegram grouphttps://t.me/WanchainCHAT 

 

Wanglu Tech Ltd. is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

Source

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Source: thinkbitcoins

Announcing Ten Billion Coin’s 3rd Partnership and 3 IEO Listing, Beginning 28th August

Ten billion Press Release

Bitcoin Press Release: TenBillion Coin announces the launch of a 3rd partnership and the commencement of its’ IEO on 3 major exchanges on August 28th, 2019

August 24th, 2019, Nantong, China – In just this past month, in addition to signing two other multibillion RMB institutions onto the TenBillion Coin Blockchain, those being the Institute of Southeast Guizhou Province Hospital — Tumor Immunotherapy Research Base and XiaYi ShengTai YingRan Technology Industrial Park, TenBillion have now signed their third multi-billion RMB partner, NanTong Wonder Petro-Chemical Engineering Company!

In the past 20 years, Wonder has left its’ footprints in China, Asia, Europe, Africa and other regions of the world with famous clients such as Shell, BP, DuPont, Dow, ExxonMobil, and SinoPec, just to name a few. And this is only just the beginning. Due to the current string of successes at TenBillion, there are many other companies inside and outside of China that are beating down the door to cooperate with them and become a part of this monumental chain of established and accomplished companies across industry and across the world.

A Team Well Placed
This is in part due to the company’s outstanding core management group and complimentary team of advisors. Hu Yong is a lawyer, a CPA, economist, and financial securities expert. Zhang YuLin has rich practical experience in financial auditing for listing on the new Third Board of China (which specializes in Blockchain-based company offerings, IPOs, and corporate bond issuance.

Ming ZeFei has 38 years of experience in economic and financial work in businesses of different natures, is familiar with national financial and tax regulations and systems, and has comprehensive economic and financial management capabilities. In addition, he also has 14 years of working experience at Shanghai PuDong Development Bank, has functioned as the bank’s manager, is familiar with the bank’s credit process and risk appetite, and has strong financing ability.

IEO Announcement

With that being said, TenBillion would also like to announce their triple-platform IEO that will commence on August 28th!! They’d like to thank their partners LA Token, P2PB2B, and Vietnam-based VinDax for cooperating with them and supporting their project ambitions to reach a sophisticated global audience.

Between the three platforms, they will have an allotment of 6 billion tokens — four billion will be available through LA Token, one billion will be available through P2PB2B, and one billion will be available through VinDax. Each token can be acquired for the ICO price of $0.005. This is an exciting event and a truly unique opportunity to get in on the ground floor of one of the most powerful Blockchains in the world.

No other Blockchain is harnessing the productive capacity of large-scale Chinese enterprises and slowly but surely moving to incorporate the strength and history of those same sized companies abroad and across the world. Stay tuned to their social media for updates and act fast to take advantage of the on-going AirDrop campaign while you still can.

Just search for ‘TenBillion Coin’ on Google or your search engine of choice for more information about how to participate and receive your free coins. TenBillion look forward to continuing the path towards the future of bringing the Blockchain to the industries of the world and invite you all along for the ride!!

About Ten Billion Coin
Founded in 2019, Ten Billion Coin is the maker of the first Chinese Blockchain specifically for launching the digital future of existing companies onto the Blockchain. The company’s mission is to do for the Blockchain what was previously done for the internet: Get Everyone Online!!

For more information or additional details, please contact Ten Billion Coin or visit the website
Connect on Facebook: https://www.facebook.com/TenBillionCoinYBY/
Follow on Twitter: https://twitter.com/tenbillioncoin/
Join the chat on Telegram: https://t.me/tenbillioncoin
Check out TenBillion on Instagram: https://www.instagram.com/tenbillioncoin/
Visit the YouTube: https://www.youtube.com/channel/UCypVzXvE3AZYZ7BPjyTVRpg

Media Contact Details
Contact Name: Zhong QiQi
Contact Email: contact@tenbillion.network

Ten Billion Coin is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. Token sales are only suitable for individuals with a high risk tolerance. Only participate in a token event with what you can afford to lose.

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Ten Billion Coin is the Chinese Blockchain for Supply Chain, Storage, Finance, and More

Ten Billion Coin Press Release

Bitcoin Press Release Ten Billion Coin is a new blockchain designed to empower Chinese industries looking to leverage the power of distributed ledger technology to implement a fair platform where all transactions are recorded and transparent.  

August 8th, 2019, Nantong, China The platform will allow existing companies to take advantage of this technology to provide transparent financial reports, supply chain managemenz, authentic product verification, customer usage and satisfaction reports, and etc.

Ten Billion Coin is not trying to reinvent the wheel in blockchain, but rather help existing companies apply the advantages of the technology to their currently established business models to build stronger communities around their products or services via greater transparency. Ten Billion Coin’s goal is to help companies integrate blockchain technology as a tool for their business the same way that internet integration began in the 90’s.

The competitive advantage of using existing companies is that you are not staking your future into unproven teams and processes. There is safety in the fact these groups have existing product lines, distribution channels, management teams, and customer bases.  Many of the experimental aspects of new entrants into the blockchain industry place risk squarely on the shoulders of the supporters and participants.

Ten Billion Coin is different in that much of that risk is eliminated due to cooperation with companies that have proven themselves for years and consequently have a stability and reliability that can’t be matched by new entrants.

Strong Leadership

The team of founders that this project brings is tenured and strong both in terms of leadership and experience. CEO RuLiang Ye has previously worked for Shanghai No. 2 Construction Engineering Company, the Ministry of Space, and Shanghai YingYing Investment Management Company. CFO Xin Hu has formal education in economics, finance, and accounting. He has national professional and technical qualifications as an intermediate accountant and also qualifications in financial futures.

The advisors for this project are also well-cast. Yong Hu is a lawyer, a CPA, economist, and financial securities expert. YuLin Zhang has rich practical experience in financial auditing for listing on the new Third Board of China (which specializes in blockchain-based company offerings, IPOs, and corporate bond issuance. He is well-positioned and qualified to offer guidance in terms of listing these pre-existing Chinese companies on the blockchain.

ZeFei Ming has 38 years of experience in economic and financial work in businesses of different natures, is familiar with national financial and tax regulations and systems, and has comprehensive economic and financial management capabilities. He has 14 years of working experience at Shanghai PuDong Development Bank as Bank Manager, and is familiar with the bank’s credit process and risk appetite, and has strong financing ability.

This is a project not to be missed. China has led the charge of global manufacturing and production for the last 30 years, and now these companies and the nation is stepping into the future with their efforts on the blockchain.

For more information or additional details, please contact Ten Billion Coin or visit the website

Connect on Facebook: https://www.facebook.com/TenBillionCoinYBY/
Check out Ten Billion Coin on Instagram: https://www.instagram.com/tenbillioncoin/
Follow on Twitter: https://twitter.com/tenbillioncoin/
Join the chat on Telegram: https://t.me/tenbillioncoin
Visit YouTube: https://www.youtube.com/channel/UCypVzXvE3AZYZ7BPjyTVRpg

Media Contact Details
Contact Name: Zhong QiQi
Contact Email: contact@tenbillion.network

Ten Billion Coin is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. Token sales are only suitable for individuals with a high risk tolerance. Only participate in a token event with what you can afford to lose.

About Bitcoin PR Buzz -Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 7 years. Get your own professional Bitcoin Press Release. Click here for more information about Bitcoin PR Buzz

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