From video download and streaming service to cloud-based acceleration services to blockchain, Shenzhen-based and NASDAQ-listed Xunlei has been reinventing itself since its founding in 2003. The company has recently completed a high-level personnel change with Xiaomi’s co-founder Wang Chuan taking over the helm—Xiaomi is one of Xunlei’s investors.

The new step for the company is blockchain and here it has launched two blockchain services this May: ThunderChain and StellarCloud. At TechCrunch Hangzhou ThunderChain’s chief engineer Lai Xin gave her view on why and how companies can transform themselves for the blockchain era.

According to Xin, the first step is choosing a sector and understanding the problems and pain points in the area—are you solving a problem of efficiency or trust or other issues?—and then finding a developer. But there is more to understanding what blockchain means for companies.

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

What you get

Full access to all premium content and our full archives

Members'-only newsletters

Preferential access and discounts to all TechNode events

Direct access to the TechNode newsroom

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

Masha Borak

Masha Borak is a technology reporter based in Beijing. Write to her at masha.borak [at] technode.com. Pitches with the word "disruptive" will be ignored. Read a good book - learn some more adjectives.