How Europe can learn from China on Blockchain

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Despite a hard line on the government's blockchain, software companies in China continue to jump forward.

China is changing. This becomes clearer when we look at the field of financial technology and the talent that has emerged in recent decades.

But attitudes in China when it comes to blockchain still swing from a useful resource to a gambling tool. So it may seem extraordinary that progress in the blockchain is partly driven by the country, or at least by its exports.& Nbsp;

Certainly, the advent of the blockchain is changing the way the countries trade with each other and the relationship of Europe with China has not been immune to this change. & Nbsp;

Entrepreneurs, investors and developers around the world are coming together to explore how secure blockchain technology can be applied in business and one of these is 8 decimal capital, one of the most active blockchain investment companies in China and currently ranked second on Token Metrics' 51 active crypts.

8 Decimal was founded by Yubo Ruan, the co-founder of Skylight Investment, a venture capitalist with an interesting history. From the age of 6, Ruan has self-taught in the programming and production of hardware, including the invention of a gesture-controlled robot, portable holographic display, a 360-camera electricity generator and subway. These projects won him 13 national-level scientific prizes and 5 patents. At the age of 17, he started Alisimba Technology, which was supported by a Shenzhen government innovation agency and acquired in 2016.

With a focus previously on smart devices, Ruan has a background in engineering and computer science. At only 22 years old, his natural entrepreneurial instinct led him to create 8 Decimal Capital, launched in 2017 in Beijing and since then consistently ranked as the best fund in China.

Overcome the borders

For Ruan, he believes that blockchain can transgress borders and become an international commercial space. He said:

Although different countries now have different policies for the development of blockchain technology, we are sure that the blockchain industry is a global playground. As it develops, I believe countries will work even more closely together. "

Despite the lack of years, Ruan has a clear vision of where he sees the blockchain going in the future and wants to be an integral part of the industry's growth from scratch, making it a solid infrastructure for years to come. He is surrounded by supporters of the blockchain and investors such as the managing partner, Zane Wei, a former investor of Roots Capital and the blockchain investor and consultant Ben Bartlett, the deputy mayor of Berkeley, who is now working closely with the team to promote the traditional adoption of blockchain technology.

To further bridge the gap, 8 decimal added Chinese consultants such as Fan Zhang, an original founding partner of Sequoia Capital China and Karen Chen, former CEO of USB China.

De-politicized international relations

For 8 Decimal Capital, the blockchain space is free of currency constraints and political agendas, which make it a more collaborative environment for innovators to share knowledge and develop ideas.

Currently the company operates in China and the United States, but believes that Europe could benefit from the new global market. In fact, the people involved hope that they will become co-workers of the founders rather than just investors. Ruan said:

"We not only provide a full range of post-investment value added to our portfolio companies, we also conduct joint ventures and incubate portfolio companies, and we have strong connections, resources and partners in China and the US that enable us to connect portfolio company with the best resources in the world and quickly help entrepreneurs reach their best potential ".& Nbsp;

The investment of the investment company in blockchain ventures means that international relations are made easier as trading is not influenced by factors that affect traditional investments such as exchange rates or local and international policies. This is why Ruan is pushing Europe to overcome the notion of a depoliticized blockchain space because the approach is giving good results.& Nbsp;

The company is currently focusing on investments in tokens and securities after achieving higher returns in 2017. They have made over 40 investments including EOS, 0x, FCoin, Ontology, ICON, Zilliqa, Wanchain, Kyber and Bluzelle. They also invested in blockchain ecosystem projects such as Trust Token, Bibox, Seed CX, DoraHacks and Coinsuper.

Progressive thinking and adaptation

In 2017, the concept of utility token sales was crucial, gradually evolving towards equity increases and offers of security tokens (STOs), which are expected to be the main focal point of the sector in 2019.

& Nbsp;Ruan believes that the STO will provide the stability and healthy growth necessary to bring industry to the next level and be at the heart of the fund. Ruan explained:

The tokenization of titles involves the transfer of traditional titles from the analogue to digital world. This process removes the high costs and inefficiencies of intermediaries. Token securitization involves the application of a traditional regulatory framework to digital tokens. This process removes much of the uncertainty and fraud of the ICO market. Security tokens will bring many benefits to both capital markets and real estate. "

At the inaugural Boston NGC meeting in 2018, the founder of the 8th decimal Yubo Ruan provides his predictions on the future of the blockchain and cryptocurrency industries as part of the conference's venture capital panel.8 decimal

Different from other funds

The company considers blockchain a revolutionary financial system, so it is focused on not limiting itself to a particular country or region.

For Ruan, he believes that traditional markets are limited on a country-by-country basis, which determines how traders operate by restricting commercial operations. He said:

Our portfolio companies are often made up of a global team and operate on a global scale. And we are determined to help our portfolios reach their best potential by connecting them with the best resources in the sector ".

These resources include native research and content to help industry, including their personal, expansive and global network. With the team and the network in place, 8 Decimal shows the importance of know-how, technical skills and the community as a key to blocking the success of the investment.

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Despite a hard line on the government's blockchain, software companies in China continue to jump forward.

China is changing. This becomes clearer when we look at the field of financial technology and the talent that has emerged in recent decades.

But attitudes in China when it comes to blockchain still swing from a useful resource to a gambling tool. So it may seem extraordinary that progress in the blockchain is partly driven by the country, or at least by its exports.

Certainly, the advent of the blockchain is changing the way the countries trade with each other and the relationship of Europe with China has not been immune to this change.

Entrepreneurs, investors and developers around the world are joining together to explore how secure blockchain technology can be applied in the business world and one of these is 8 Decimal Capital, one of the most active blockchain investment companies in China and currently ranked second place on 51 active Token Metrics cryptographic funds.

8 Decimal was founded by Yubo Ruan, the co-founder of Skylight Investment, a venture capitalist with an interesting history. From the age of 6, Ruan has self-taught in the programming and production of hardware, including the invention of a gesture-controlled robot, portable holographic display, a 360-camera electricity generator and subway. These projects won him 13 national-level scientific prizes and 5 patents. At the age of 17, he started Alisimba Technology, which was supported by a Shenzhen government innovation agency and acquired in 2016.

With a focus previously on smart devices, Ruan has a background in engineering and computer science. At only 22 years old, his natural entrepreneurial instinct led him to create 8 Decimal Capital, launched in 2017 in Beijing and since then consistently ranked as the best fund in China.

Overcome the borders

For Ruan, he believes that blockchain can transgress borders and become an international commercial space. He said:

Although different countries now have different policies for the development of blockchain technology, we are sure that the blockchain industry is a global playground. As it develops, I believe countries will work even more closely together. "

Despite the lack of years, Ruan has a clear vision of where he sees the blockchain going in the future and wants to be an integral part of the industry's growth from scratch, making it a solid infrastructure for years to come. He is surrounded by supporters of the blockchain and investors such as the managing partner, Zane Wei, a former investor of Roots Capital and the blockchain investor and consultant Ben Bartlett, the deputy mayor of Berkeley, who is now working closely with the team to promote the traditional adoption of blockchain technology.

To further bridge the gap, 8 decimal added Chinese consultants such as Fan Zhang, an original founding partner of Sequoia Capital China and Karen Chen, former CEO of USB China.

De-politicized international relations

For 8 Decimal Capital, the blockchain space is free of currency constraints and political agendas, which make it a more collaborative environment for innovators to share knowledge and develop ideas.

Currently the company operates in China and the United States, but believes that Europe could benefit from the new global market. In fact, the people involved hope that they will become co-workers of the founders rather than just investors. Ruan said:

"We not only provide a full range of post-investment value added to our portfolio companies, we also conduct joint ventures and incubate portfolio companies, and we have strong connections, resources and partners in China and the US that enable us to connect portfolio company with the best resources in the world and quickly help entrepreneurs reach their best potential ".

The investment of the investment company in blockchain ventures means that international relations are made easier as trading is not influenced by factors that affect traditional investments such as exchange rates or local and international policies. This is why Ruan is pushing Europe to overcome the notion of a depoliticized blockchain space because the approach is giving good results.

The company is currently focusing on investments in tokens and securities after achieving higher returns in 2017. They have made over 40 investments including EOS, 0x, FCoin, Ontology, ICON, Zilliqa, Wanchain, Kyber and Bluzelle. They also invested in blockchain ecosystem projects such as Trust Token, Bibox, Seed CX, DoraHacks and Coinsuper.

Progressive thinking and adaptation

In 2017, the concept of utility token sales was crucial, gradually evolving towards equity increases and offers of security tokens (STOs), which are expected to be the main focal point of the sector in 2019.

Ruan believes that the STO will provide the stability and healthy growth necessary to bring industry to the next level and be at the heart of the fund. Ruan explained:

The tokenization of titles involves the transfer of traditional titles from the analogue to digital world. This process removes the high costs and inefficiencies of intermediaries. Token securitization involves the application of a traditional regulatory framework to digital tokens. This process removes much of the uncertainty and fraud of the ICO market. Security tokens will bring many benefits to both capital markets and real estate. "

At the inaugural Boston NGC meeting in 2018, the founder of the 8th decimal Yubo Ruan provides his predictions on the future of the blockchain and cryptocurrency industries as part of the conference's venture capital panel.8 decimal

Different from other funds

The company considers blockchain a revolutionary financial system, so it is focused on not limiting itself to a particular country or region.

For Ruan, he believes that traditional markets are limited on a country-by-country basis, which determines how traders operate by restricting commercial operations. He said:

Our portfolio companies are often made up of a global team and operate on a global scale. And we are determined to help our portfolios reach their best potential by connecting them with the best resources in the sector ".

These resources include native research and content to help industry, including their personal, expansive and global network. With the team and the network in place, 8 Decimal shows the importance of know-how, technical skills and the community as a key to blocking the success of the investment.

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