With tens of millions of yuan in financing, how will Enchain Zhonghe achieve the energy revolution?

Recently, Beijing Enerchain Zhonghe Technology Co., Ltd. (hereinafter referred to as "Enerchain Zhonghe") completed its first round of financing of tens of millions of yuan. Investors include Beijing Jinke Junchuang and Shanghai Gulian Capital.

Enchain Zhonghe was founded in May 2016 by three founders with a combined background in energy, finance and information industries:

Dr. Lin Le, CEO, was the head of the industry team of Shenzhen Stock Exchange and the director of energy and environmental protection industry of the listing promotion department. He was seconded to the China Securities Regulatory Commission and CITIC Construction Investment, and has multi-faceted cross-field experience from research to business, from supervision to market;

Chief Architect Cao Yin is currently the Chief Blockchain Expert of Cinda Securities and the leader of the "Energy Internet System Support Research" research team of the National Energy Administration. He is an active promoter of the Energy Internet and has participated in the entire process of naming and defining, policy formulation, and industry promotion of China's Energy Internet.

Chief Operating Officer Zhu Weiqing is a well-known low-carbon business leader. He also serves as Chairman and CEO of Baotan New Energy and Chairman of the Hong Kong Branch of Shanghai Environment and Energy Exchange. He is also a leader in China's carbon finance, initiating China's first carbon rights pledge financing, China's first carbon rights trust product and the country's first and currently largest carbon fund.

This elite team of initiators, with an average age of 31, established the first energy blockchain laboratory based on their rich industry insights and strong technical strength, becoming the world's only blockchain energy scenario application development company. Previously, Babbitt reported on the Energy Blockchain Lab joining the international blockchain alliance Hyperledger (http://www.8btc.com/energy-blockchain-lab-hyperledger-project), and the Energy Blockchain Lab is also the only energy industry member of the Hyperledger project.

In October this year, Enchain Zhonghe and TUV Rheinland reached a strategic cooperation. The two parties will carry out comprehensive cooperation in the fields of energy services, green energy data traceability and quality assessment based on blockchain technology. The two parties will first explore the application of blockchain energy in China, and choose the right time in the future to jointly export blockchain energy services to overseas markets and apply them to technical service fields such as testing and certification, reduce the credit costs of products and enterprises, accelerate digital services, and provide professional services to global customers.

Next, Enchain Zhonghe will rely on its independently developed blockchain underlying architecture to provide a full-process operating platform for the development, review, registration, and trading of energy financial products, eliminating pain points such as long chains and information asymmetry in the development of energy financial products, greatly improving the development efficiency of energy financial products, shortening the process cycle and reducing the difficulty of development, so that the green financial industry can be substantially implemented.

Enchain Zhonghe will apply for corresponding financial licenses while optimizing the entire process of energy financial product development. Relying on industrial big data, it will work with top global partners in the financial, energy and IT fields to develop a number of energy Internet applications based on blockchain technology, covering energy production, consumption, trading, management and other links, and is committed to becoming a global leading pan-energy financial technology company.

Blockchain technology has gradually attracted the attention and attention of major financial institutions, industrial groups and government organizations around the world, and many institutions have invested in research and development in the corresponding fields. As a professional equity investment institution, the investor Gulian Capital also said, "We are optimistic about the distributed storage, database transparency, decentralization and other characteristics of blockchain and the market value of future applications. We look forward to promoting and witnessing the vigorous development of the blockchain field with partners in future cooperation."

About the future of Enchain Technology,

"We hope to combine technology, energy and finance, and complete the energy revolution through technical means and financial scenarios," said Dr. Lin Le.