Re: [ANN][FOTA][NEW BOUNTY] FORTUNA – The First Blockchain OTC Derivatives Platform!
The establishment of a blockchain research collaboration between Fortuna and Zhejiang University.
In response to the spirit and instructions of Zhejiang Provincial Governments Blockchain Technology and Application Conference and the Governor of Zhejiang Province, Yuan Jiajun, Building blockchain innovation highlands, building blockchain application highlands, creating a blockchain talents highlands and building a blockchain development ecosystem.
On May 26 2018, Zhejiang University Fortuna Blockchain Center was founded. Director of Zhejiang University Information Technology Center, Professor of College of Computer Science and Technology, ZJU (Former Associate Dean) and Doctoral Supervisor Chen Wenzhi will serve as the directors of the Zhejiang University Fortuna Blockchain Center. Additionally, they will also serve as a strategic consultant for Fortuna.
Director Chen Wenzhi and Brian Cai, the founder of Fortuna delivered a keynote speech at the ceremony.
Thus far, Zhejiang University has applied for 6 blockchain patents and published 7 blockchain papers. They are in the lead compared to many domestic universities. At the same time, Zhejiang University will begin a blockchain and digital currency course for the more senior undergraduates and postgraduates in September this year. This is the first blockchain-related course offered by domestic Chinese universities. On top of that, Zhejiang University will also consider the addition of blockchain-related professional orientations and set up corresponding postgraduate courses to cultivate research talents.
In the field of blockchain, the strength of Zhejiang University cant be underestimated. From alliances with chain technology experts/enterprises to several blockchain financial enterprises, from experiments and research institutes to investment agencies, Zhejiang University has a large number of people with influence and power.
To name a few:
Huang Butian (founder of YUNPHANT BLOCKCHAIN), Li Wei (founder of Fun Chain), Wu Sijin (founder of 33.CN), Zhang Xiaodong (co-founder of Fortuna), Xie Hanjian (co-founder of Cryptape), Du Yu (director of Wanxiang blockchain laboratory), Zhang Yifeng (dean of ZHONGCHAO blockchain technology research institute) and Chen Weixing (founder of FUNCITY Capital).
Milestones and a New Starting Point
At the inaugural ceremony, Director Chen Wenzhi stated that blockchain technology, as a new revolutionary database technology, will help transform the Zhejiang provincial government on different levels. It also exerts significant influence on Zhejiangs provincial governments work, industrialization and peoples lives in general. The establishment of a blockchain research center between Fortuna and Zhejiang University is both a milestone and a new starting point. The two parties will play their respective advantages and will promote blockchain technology adoptation at the application level.
The Integral between the square
At the ceremony, Brian Cai, founder of Fortuna, stated that there is too much opaqueness and indirectness, to high cost and low efficiency in the traditional financial sector. The blockchain technology is a new type of financial technology depriving trust and a distributed database technology that is difficult to falsify. It will have an immense impact on the financial sector. Fortuna hopes to develop a financial public chain of BAAS architecture with good storage security, risk isolation, good transaction performance and create comprehensive distributed financial activities. At the same time, unlike other public chains, Fortuna hopes to dig deeper into the sub-sector market for OTC financial derivative products to create a well-experienced distributed financial application. This to refine its own technological development capabilities for distributed financial activities and then look for partners with related resources and operational experience who will work together to co-create these financial activities, including distributed banking, mutual insurance, family trust and asset securitization. The Blockchain research center between Fortuna and Zhejiang University will give full play to the advantages of school-enterprise cooperation. They will use blockchain technology and focus on issues such as the peer-to-peer trust mechanism in the financial market, the issue of guarantee-cost reduction and transaction efficiency issues. Fortuna and Zhejiang University hope to open up a new road for the application of blockchain in the financial sector.
Lets wait and see, in the days to come, what the collaboration between Fortuna and Zhejiang University will bring. How will we shape the future of blockchain finance?
Chen Wenzhi
Professor Chen Wenzhi, Doctoral Supervisor, Director of IT Center for Zhejiang University, Former Associate Dean of Computer Science and Technology Department, Member of IEEE/ACM, Vice-president of ACM SIGCSE, Senior Member of CCF. Doctor Wenzhis major research focuses are cloud computing, distributed systems, big data platforms, blockchain technology and network information security. He has published nearly 100 notable papers and obtained 20 plus national invention patents. Furthermore, he has also served as a reviewer for many academic journals and was a member of several international conference program committees. Last but not least, he has received numerous national and provincial awards in science, technology, and teaching.
Brian Cai
Brian received his Masters degree from Yale University, majored in Computer Science. He won the first prize at the International Mathematical Contest in Modeling. At the age of 26, he began to serve a cadre of divisions of a state-owned bank. Brian was the director of the private banking department of the Zhejiang Provincial Branch of BoComm, which is a national bank in China. He has worked in New York, London, Hong Kong, Shanghai and Hangzhou, in investment banking, corporate finance and private banking. Brian founded Fortuna in 2017. His aim is to create the №1 Chinas financial public chain and the first OTC financial derivatives market blockchain solution in the world.
In response to the spirit and instructions of Zhejiang Provincial Governments Blockchain Technology and Application Conference and the Governor of Zhejiang Province, Yuan Jiajun, Building blockchain innovation highlands, building blockchain application highlands, creating a blockchain talents highlands and building a blockchain development ecosystem.
On May 26 2018, Zhejiang University Fortuna Blockchain Center was founded. Director of Zhejiang University Information Technology Center, Professor of College of Computer Science and Technology, ZJU (Former Associate Dean) and Doctoral Supervisor Chen Wenzhi will serve as the directors of the Zhejiang University Fortuna Blockchain Center. Additionally, they will also serve as a strategic consultant for Fortuna.
Director Chen Wenzhi and Brian Cai, the founder of Fortuna delivered a keynote speech at the ceremony.
Thus far, Zhejiang University has applied for 6 blockchain patents and published 7 blockchain papers. They are in the lead compared to many domestic universities. At the same time, Zhejiang University will begin a blockchain and digital currency course for the more senior undergraduates and postgraduates in September this year. This is the first blockchain-related course offered by domestic Chinese universities. On top of that, Zhejiang University will also consider the addition of blockchain-related professional orientations and set up corresponding postgraduate courses to cultivate research talents.
In the field of blockchain, the strength of Zhejiang University cant be underestimated. From alliances with chain technology experts/enterprises to several blockchain financial enterprises, from experiments and research institutes to investment agencies, Zhejiang University has a large number of people with influence and power.
To name a few:
Huang Butian (founder of YUNPHANT BLOCKCHAIN), Li Wei (founder of Fun Chain), Wu Sijin (founder of 33.CN), Zhang Xiaodong (co-founder of Fortuna), Xie Hanjian (co-founder of Cryptape), Du Yu (director of Wanxiang blockchain laboratory), Zhang Yifeng (dean of ZHONGCHAO blockchain technology research institute) and Chen Weixing (founder of FUNCITY Capital).
Milestones and a New Starting Point
At the inaugural ceremony, Director Chen Wenzhi stated that blockchain technology, as a new revolutionary database technology, will help transform the Zhejiang provincial government on different levels. It also exerts significant influence on Zhejiangs provincial governments work, industrialization and peoples lives in general. The establishment of a blockchain research center between Fortuna and Zhejiang University is both a milestone and a new starting point. The two parties will play their respective advantages and will promote blockchain technology adoptation at the application level.
The Integral between the square
At the ceremony, Brian Cai, founder of Fortuna, stated that there is too much opaqueness and indirectness, to high cost and low efficiency in the traditional financial sector. The blockchain technology is a new type of financial technology depriving trust and a distributed database technology that is difficult to falsify. It will have an immense impact on the financial sector. Fortuna hopes to develop a financial public chain of BAAS architecture with good storage security, risk isolation, good transaction performance and create comprehensive distributed financial activities. At the same time, unlike other public chains, Fortuna hopes to dig deeper into the sub-sector market for OTC financial derivative products to create a well-experienced distributed financial application. This to refine its own technological development capabilities for distributed financial activities and then look for partners with related resources and operational experience who will work together to co-create these financial activities, including distributed banking, mutual insurance, family trust and asset securitization. The Blockchain research center between Fortuna and Zhejiang University will give full play to the advantages of school-enterprise cooperation. They will use blockchain technology and focus on issues such as the peer-to-peer trust mechanism in the financial market, the issue of guarantee-cost reduction and transaction efficiency issues. Fortuna and Zhejiang University hope to open up a new road for the application of blockchain in the financial sector.
Lets wait and see, in the days to come, what the collaboration between Fortuna and Zhejiang University will bring. How will we shape the future of blockchain finance?
Chen Wenzhi
Professor Chen Wenzhi, Doctoral Supervisor, Director of IT Center for Zhejiang University, Former Associate Dean of Computer Science and Technology Department, Member of IEEE/ACM, Vice-president of ACM SIGCSE, Senior Member of CCF. Doctor Wenzhis major research focuses are cloud computing, distributed systems, big data platforms, blockchain technology and network information security. He has published nearly 100 notable papers and obtained 20 plus national invention patents. Furthermore, he has also served as a reviewer for many academic journals and was a member of several international conference program committees. Last but not least, he has received numerous national and provincial awards in science, technology, and teaching.
Brian Cai
Brian received his Masters degree from Yale University, majored in Computer Science. He won the first prize at the International Mathematical Contest in Modeling. At the age of 26, he began to serve a cadre of divisions of a state-owned bank. Brian was the director of the private banking department of the Zhejiang Provincial Branch of BoComm, which is a national bank in China. He has worked in New York, London, Hong Kong, Shanghai and Hangzhou, in investment banking, corporate finance and private banking. Brian founded Fortuna in 2017. His aim is to create the №1 Chinas financial public chain and the first OTC financial derivatives market blockchain solution in the world.