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CarBlock Founder Alex Lee Gave a Keynote Speech at Blockchain Forum of the China-US Entrepreneur & Investment SummitSANTA CLARA, Calif., July 27, 2018 /PRNewswire/ -- On July 21, 2018, the "Future Reinvented: Blockchain Forum at the China-US Entrepreneur & Investment Summit" was held at the Santa Clara Convention Center in Silicon Valley. The forum was co-hosted by ChainNews and People's Daily Online, the online portal of the world's largest Chinese newspaper People's Daily. The CEO & Founder of CarBlock Alex Lee made a keynote speech at the forum, which was themed as A real use case from the auto & transportation industry. In the keynote, Alex mentioned that blockchain technology has given their consumers the ownership of data, confirming them absolute control of their own data, thanks to the intelligence contract. In addition, consumers will be rewarded when they share their data. Therefore, the privacy of consumers has been protected, and the distribution of benefit has been solved in the meantime. Alex also showed his confidence in making CarBlock the first achievable application in the global blockchain automobile industry. Alex is a serial entrepreneur with multiple successful exits. He is the founder and CEO of nonda, a leading connected car company in the U.S. Alex was the co-founder of Baixing.com, a public company in China with over $600 millions funding from Top American VCs like Benchmark. Before founding Baixing, Alex served as the head of new business development at eBay and Microsoft. He also holds an MBA degree from Columbia Business School. This forum invited speakers from leading industry startups, investors, tech innovators, and academic groups who are building the foundations and driving the innovation for the blockchain and crypto economy. This forum played an important part in connecting the blockchain communities, startups and investors in China to those in Silicon Valley. About CarBlock CarBlock, the world's first decentralized blockchain ecosystem that is specifically designed for future transportation applications aims to address major pain points in the currnt connected car and transportation industry. The major 4 pain points in the connected car ecosystem are:
CarBlock's ecosystem is built on extensive research and adheres to the following fundamental principles in order to address current pain points and disrupt the traditional automotive industry:
CarBlock is neither a data middleman nor a data platform. It's a business ecosystem and protocol, in which automotive and transportation businesses can operate efficiently through increased access to data. In this ecosystem, users can get more personalized products and services. Businesses can have a more precise cost analysis mechanism and therefore, offer more diverse services and reach their targeted users at a lower cost. Innovators will have a lower barrier to entry, bringing more innovative ideas to fruition via the ecosystem. CarBlock has built a team of seasoned entrepreneurs and developers, and received positive feedback and great support from industry renowned investors and advisors and has issued CAR tokens in Bibox as the currency for the future transportation industry. CarBlock has kept a good momentum of development via cooperation and partnership with more and more well-known institutions and organizations such as nonda, Ontology, and MOBI (the Mobility Open Blockchain Initiative found by BMW, Ford and GM) and look forward to additional partners in the future, aiming to build a new world with better efficiency, personalization and diversity through reinventing the current dynamics at play in the transportation industry. View original content:http://www.prnewswire.com/news-releases/carblock-founder-alex-lee--gave-a-keynote-speech-at-blockchain-forum-of-the-china-us-entrepreneur--investment-summit-300687705.html SOURCE CarBlock |