SHENZHEN, China--(BUSINESS WIRE)--A live streaming discussion on the future of blockchain went viral last week after Dr. Ming Zhongxing, Founder and CEO of Blockcloud, gave a compelling speech to millions of industry professionals and enthusiasts.
Blockcloud is a blockchain-based advanced TCP/IP that provides constant connectivity for dynamic network. As a solution of growingly complex data and perpetually changing IP addresses, the emergence of Blockcloud immediately grasped the attention of leading investors from Genesis Capital, OK Blockchain Capital, Node Capital, Frees Fund, etc.
The rising startup is now targeting the future of blockchain by dedicating more efforts to the underlying structure. “I think the future opportunity of blockchain lies in two parts: top and bottom,” said Dr. Ming at the online event.
He spoke highly of the protocol-level solutions and DAPP, specifying that they were the “bottom and top” he had foreseen as great investment opportunities, and talked about what Blockcloud had been working on.
We do not compete, we collaborate
As a layer-0 solution that is underneath the application layer, Dr. Ming confirmed that Blockcloud is not a competitor to existing public chains. Instead, it is a TCP/IP layer protocol-level solution that provides support to upper layer applications.
He added that Blockcloud is currently seeking collaborations with the “right” public chain to generate the most effective results.
Quick expansion and more benefits for the users
With a group of academic experts and industry leads, the company has quickly become one of the most promising blockchain companies in Silicon Valley and Beijing. With their years of experience and expertise, the company is able to create competent blockchain applications and overcome barriers through collaboration between technology and business.
Dr. Ming said Blockcloud’s next step is to better utilize community functions and provide more benefits to people who contribute. Detailed rules will be released shortly.
As one of the most valued projects in blockchain, Blockcloud has bigger ambitions. The company is now planning to enter Southeast Asian market in the following years and eventually build a global community. “We will work hard and won’t let you down,” Dr. Ming concluded.