After nearly three months of projects screening, it has traveled through seven major cities in Shenzhen, Beijing, Shanghai, Chengdu, Guangzhou, Suzhou and Hangzhou. After 18 roadshows, the Win-Win Chain Information Technology emerged from 219 projects and got to the final competition with dozens of other outstanding projects on 30th August. The founder of Win-Win Chain Information Technology Tommy Xu is also the Ultiledger Co-Founder and COO. His wonderful sharing has been unanimously recognized by the main judges. Win-win Chain Information Technology as the only blockchain project won the second place in the innovation group, Ultiledger, the next generation global self-financing blockchain protocol has caused the hottest focus of the main judges, investment institutions and participants of the competition.
About the contest
The innovative Nanshan “Entrepreneur Star” contest was hosted by Shenzhen Nanshan District People’s Government and Shenzhen Science and Technology Innovation Committee. Since its inception in 2008, it has attracted many innovative companies and entrepreneurial teams from home and abroad. In the past 10 years, there have been 14358 innovative projects signed up for competition (including 1886 overseas projects), 237 innovative companies, and 246 start-up teams, which cultivated a batch of unicorn companies and listed companies, such as DJI Innovation, Obi Zhongguang, Maoshuo Power, Jinxinnuo, Shenghong Electric, Youboxun, etc.
Ultiledger and the Win-Win Chain
Ultiledger, the next generation of global self-financing blockchain protocol aims to achieve the “self-financing” capability of the economy through the technology empowerment method, thereby enjoying the dividends brought by technological progress and making the technology equal rights and inclusive finance become the basic reality of social universality.
Ultiledger was founded by Randolf Liang, the blockchain senior technology geek and the founding initiator of the world’s largest Ripple and Stellar community Ripplefox. Randolf Liang united and gathered a large number of blockchain technology geeks around the world, adhering to the concept of “changing the world by technology-driven and technological empowerment is equal and universal.” In the process of serving the financial supply projects of several listed companies, continuously completing the concept of technology and the realization of technology, and finally achieving the entrepreneurial idea of the Ultiledger public chain platform.
As an important landing scene of Ultiledger, the Win-Win Chain Information Technology was jointly initiated by Tommy Xu, Randlof Liang, Wang Hui and Scott Xu. It was registered in September 2017 and officially opened in November. In ten months, they have reached cooperation and landed with several listed companies such as Chain Xingbeiyun, the Daoen Group and the 365 Group.
Ultiledger blockchain public chain platform, firstly gathering the talents, secondly having practice of landing, and then building the platform universally serving more self-economy models, is a typical “bottom-up” mode blockchain application project. It is the real landing blockchain project, which has the ability to achieve the value creation.
What is self-financing?
After the sharing session of the Win-Win Chain, many of the main judges expressed interest in “self-financing” and discussed with Tommy Xu.
“Self-financing” is essentially a subversion of traditional indirect finance-oriented financial services. In the future, with the advancement of the Ultiledger platform, a large number of self-employed economies have self-solving their own development problems of information flow and value transfer through “self-financing”. And also reduce need of indirect finance to the minimum.
In the future, “self-financing” will become a universal, mainstream and basic form of financial services, and Ultiledger’s value increment will show exponential growth, and the final result will be “self-financing” oriented, direct financial and indirect finance as a secondary supporting financial services providing the hierarchy and structure. And it will also reduce the cost of society and improve the efficiency of the self-economy, so that the economic value increment brought to society will also be limitless.