Ucommune, Chinese Co-working space to establish first-ever Blockchain Research Lab 10160
Shrestha Purohit
May 29, 2018 at 4:40 PM

At a ceremony in Beijing, a Co-working space of China Ucommune announced to establish its first Blockchain research lab.

Ucommune is to launch the first platform for other community people to research more into Blockchain. It will also create a co-working space on the platform to develop innovative Blockchain solutions.

Ma Zhiyu, founder and CEO of Ucommune Blockchain Lab added that "Our foray into Blockchain reflects Ucommune’s commitment to providing decentralised and trusted services to our growing and diversifying community member base. The new lab will conduct in-depth research on Blockchain application for coworking and develop a white paper that sets the industry benchmark. We are also leveraging Blockchain for custom-made solutions to better serve our millennial members".

Sources report that Ma has vast experience in Software development, and will partner with Xu Binchao for Blockchain development. Xu is an expert in Product design and in the application of new technologies.

Xu further added, "Ucommune Blockchain Lab aims to enable and empower a trust-based virtual network that helps businesses of varied sizes to collaborate, source and trade efficiently and transparently. Drawing on our technological know-how and expertise, we are on track to connect enterprises across the entire value chain to form a smart contract platform that all member companies can build their sub-chains upon".

Ucommune has 160 centres in 36 cities worldwide. At these centres, they are helping 120,000 individual members and many more corporate members.

(Image source: Google)

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