Former PwC executive Zhang Jie joins blockchain technology pioneer BitSE

(July 27, Shanghai) BitSE, a leading blockchain technology company, has appointed one of the company’s management who will be integral to the company’s future business development – ​​Chief Financial Officer (CFO), former PwC and Deloitte executive Jay Zhang.

Since 2015, the outside world's initial skepticism towards blockchain technology has been changing, and the number of people who believe that blockchain will shake up and influence the world in the future is increasing. 2016 continued and accelerated this trend.

With the rise of blockchain technology, many top talents from well-known consulting firms, consortiums and regulatory agencies at home and abroad have joined blockchain startup teams. Among them are world-class firms and consulting firms such as Deloitte and PwC, and these top talents may be the key to the future success of the blockchain industry. As one of them, Zhang Jie has worked in PwC's China and overseas branches for more than 14 years and has rich work experience in corporate finance and financial management, optimization and integration of financial frameworks and processes, risk and internal control management, investment and financing management, etc.

In recent years, Zhang Jie has witnessed the rise and development of blockchain technology through cooperation and exchanges with many financial institutions overseas. He firmly believes that this is a technological wave that will truly sweep the world after the high-tech waves of personal computers, the Internet, and mobile networks. After many discussions and exchanges with the founder of BitSE, Zhang Jie was deeply attracted by the company's structure and team philosophy, and resolutely joined BitSE to create brilliance together.

Regarding joining BitSE , Zhang Jie said frankly :

"Blockchain technology, with its security, reliability, and non-tamperability, has laid an incomparable and broader application prospect. During the years I worked abroad, I noticed the continuous emergence of blockchain start-ups and blockchain teams established by large institutions. However, most of these teams set the application scenarios of blockchain in the financial industry and public information security fields. For example, electronic currency, interbank transactions and clearing, and personal information authentication. However, BitSE's application concept and design concept of blockchain are like a clear stream. In addition to being novel and unique, it is also of great practical value. It can be said to be a new way, and I believe it will create and lead a new world."

When talking about his future role and mission at BitSE, Zhang Jie also had his own opinions :

"If BitSE is likened to a sailing entrepreneurial ship, I hope to be the "helmsman" of this team. I know our other three partners very well. They have blockchain technology teams and strengths that are not inferior to those of European and American companies. They lead highly innovative business teams and continuously polish and improve their products, and finally push them to customers and consumers. As the helmsman, I can use my years of work experience to help the entire team avoid the "reefs" in the process of moving forward as much as possible, appropriately adjust the direction of progress and the pace of operation, escort the team, and thus sail to the "distant" of success.

"As a CFO in such a high-tech enterprise, the responsibilities are not traditional financial accounting and bookkeeping, but a stronger spirit of innovation. For emerging technologies and industries such as blockchain, there is currently no perfect financial accounting system and principles to follow. Therefore, the company's CFO should be quite creative and forward-looking, and integrate the company's business into the financial accounting system. Looking at the current blockchain industry, start-ups are springing up everywhere. However, most of them ignore the role of the company's CFO. If the company does not straighten out the financial framework and fund management in the early stage, the development often encounters bottlenecks and stagnates, or even dies halfway. Joining BitSE is a challenge in my career. It is more based on the fact that while creating blockchain results with my partners, I will also complete my personal "creation" of the financial system of blockchain companies."

BitSE welcomes Zhang Jie to join, which is the epitome of the current high-end talents of professional companies joining the blockchain to start businesses. At the same time, professional consulting companies are also actively seeking business exploration and innovation in the field of blockchain. BitSE has recently signed a strategic partnership agreement with PwC. While actively seeking cooperation between the existing resources of both parties to provide customers with blockchain technology solutions, the two parties will also combine BitSE's product VeChain with PwC's experience in enterprise process management and security risk management, and strive to build PwC's VeTrust brand to provide the best risk protection services; committed to assisting corporate customers in responding to new technologies and developing new businesses, and in the process of implementing VeChain, carry out customized services such as process optimization and monitoring, and jointly create forward-looking one-stop innovative solutions and technical support for customers. I believe that with VeTrust's escort, VeChain's actual application can be better implemented and promoted among global customers.

It is reported that at the upcoming Blockchain International Week in Shanghai, BitSE will also publicly display the specific demonstration process of its products Vechain and Qtum for the first time, so that more people can know and understand how blockchain technology will bring "earth-shaking" changes to the world, and these two products are just "a few of them". In addition, as a leading company in the blockchain field, BitSE is expected to release a special press conference for its product Vechain in September.

It is no longer just a fantasy, a prophecy, or general talk; products that are truly close to life and concern you and me have arrived.

About BitSE

Founded in 2013, BitSE is an innovative enterprise focusing on the blockchain field and committed to using blockchain technology to innovate the industry. The company's founding team comes from world-renowned companies such as IBM, Alibaba and Louis Vuitton. The team has rich experience in technology, products and markets, and has core R&D teams from 9 countries around the world. It is the first in the world to propose the concept and idea of ​​Blockchain-As-A-Service.

In 2014, BitSE launched digital asset services and participated in and led many innovative projects in the blockchain industry. In 2015, BitSE established a blockchain research laboratory and conducted in-depth research on consensus mechanisms, DAPPs and smart contracts, establishing its leading position in the blockchain industry. In addition to its contributions to blockchain technology research and development, BitSE is also committed to providing blockchain-based solutions for corporate and social issues. For example, in 2015, it launched Vechain products, which provide a technical solution to the problem of counterfeiting for the consumer goods market by providing each product with a unique "electronic ID card". BitSE plans to launch a blockchain application product, Qtum, in the second half of 2016.