Strategic Partnership Announcement
On October 23, a significant development unfolded in the world of blockchain technology as People’s Capital, the venture capital arm of the People’s Daily Online, inked a deal with Shenzhen’s Xunlei Limited. This strategic partnership aims to push the boundaries of blockchain research and applications within China.
The Blockchain Laboratory
Under this agreement, the duo plans to establish a cutting-edge laboratory at People’s Capital’s Blockchain Research Institute. This facility isn’t just any run-of-the-mill lab; it’s intended to spearhead innovative technology research focused on various blockchain use cases that could potentially reshape industries.
What Can We Expect?
The planned laboratory will also serve as a high-level industrial service platform, organized to drive community engagement through:
- Competitions
- Seminars
- Workshops
Moreover, it aims to spotlight and nurture startups within the vibrant blockchain ecosystem.
A Historical Context
The People’s Daily Online is not just any publication; it has been a key voice of the Communist Party of China since its inception in 1948. As China’s first online news medium to be listed on the Shanghai Stock Exchange in 2012, it holds a distinguished position in the country’s media landscape. Because of its status, the publication often reflects the CCP’s policies and ideology, serving simultaneously as an informational hub and a government mouthpiece.
Xunlei Limited: The Tech Partner
Xunlei Limited has earned a reputation as the
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