Xinyuan Speeds up Real Estate Innovation with Blockchain
Laying out the underlying technology of blockchain
After experiencing bubbles and troughs over the past two years, the blockchain industry has begun a new round of fast growth. If capital was the key driver for the development of the blockchain in the initial stage, then technical capability has become the core competitiveness of the blockchain in its next stage.
As one of the first real estate companies to invest in blockchain, Xinyuan's technology business is one of the earliest developers in the underlying technology of the blockchain in
Rchain is one of the first five enterprises in
For Rchain, R&D capability and innovative application are the foundation that drive its growth. Its R&D team led the development of the X-bolt (Blockchain Operation Ledger Technology) Blockchain Bottom Closed Source Technology Platform. The technology was built with the technical support of
As an underlying platform based on blockchain technology, all its underlying modules support pluggable customization, providing a variety of flexible access and deployment methods to meet the rapid access of blockchain systems under various scenarios.
The competition of technology is to some extent the competition of patents.
Patents are Rchain's strength. In 2017, the number of blockchain patents held by Rchain ranked fifth in the world, and third in
Rchain has disclosed 57 patents related to blockchain as of
Technology R&D and product innovation need high-end talent. In 2016,
Accelerating innovation to empower the real estate industry
After a period of dormancy, the application of blockchain technology in industrial fields is gradually maturing, including within the real estate industry.
The market prospects in the field of real estate intelligence and technology are huge. On the one hand,
Some innovative enterprises have taken advantage of smart situations to explore new service scenarios, from residents to communities, from hardware to humanities, and to explore how to use science and technology to meet residents' daily life, social, medical, educational, shopping and other needs more intimately and efficiently.
Among the real estate innovators, Xinyuan, a
As the executor and pioneer of "science and technology + real estate" model, Xinyuan is taking the underlying technology of blockchain as the core, combining it with the characteristics of the market and industry, to develop applications suitable for real estate, including Golden Bricks and Conbow, two industrial applications based on blockchain technology.
For example, the traditional real estate sales process is lengthy, with many subjects, high cost and slow speed. Golden Bricks uses blockchain technology to solve this pain point, which not only reduces the selling cost of real estate enterprises and improves the sales speed, but also provides one-stop all-round service for buyers and improves customer satisfaction.
Taking property services as another example, traditional community property services have the characteristics of higher cost, narrow service scope, single source of income, etc.
To address these issues, Xinyuan has invested in Conbow to build an intelligent community operation platform with blockchain and the
In the future, the integrated application of blockchain technology will play an increasingly important role in industrial transformation. Creating social values and enabling the real economy are the general trends of the blockchain industry. Golden Bricks, Conbow and other applications that help lower costs and improve service efficiency will have massive potentials in the market.
The favorable macro environment also provides opportunities for the application of blockchain. Ren Zeping, Chief Economist & Director at Evergrande Think Tank, released the "Ren Zeping Blockchain Research Report" on
For Xinyuan, the "X" in its "X-Bolt" technology represents "the future". Sticking to its mission, Xinyuan will serve the real economy more efficiently with more cutting-edge technologies, more valuable applications.
The "tomorrow" of blockchain is not to be underestimated.
Forward Looking Statements
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Investor Relations Director
Tel: +86 (10) 8588-9376
Mr. Jeff Pei