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Dianrong and Foxconn launch China’s first blockchain platform

Dianrong, a leading online P2P marketplace lending company, and FnConn, a subsidiary of Foxconn Technology Group, have launched China’s first-ever blockchain platform called ‘Chained Finance’. The platform leverages advanced financial technology to meet the hugely underserved needs of supply chain finance in China. The new blockchain platform allows supply chain finance to deliver the needed […]

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Live from TechCrunch – Blockchain opportunities for hungry entrepreneurs

With a series of recent blockchain initiatives – from joining one of the world’s biggest blockchain initiatives Hyperledger Project, to launching “Chained Finance” with Foxconn’s FnConn, China’s peer-to-peer lending marketplace Dianrong is getting ready for full blockchain integration across its platform. We talk to Ling Kong, Dianrong’s CTO on how big and small companies are riding the blockchain wave. Solving Trust […]

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Chinese micro lender Qudian under fire after splashy US IPO

Days after its splashy US IPO, Chinese online loan provider Qudian is undergoing a major crisis as local media has begun questioning the sustainability, validity and morality of their business. Born out of student-based Qufenqi, Qudian first grew by offering small loans to colleges students to capitalize on the rising spending power of China’s younger generations. At […]