EventChain & NEM speak in China on Blockchain Growth Potential and Scalability

Last Week EventChain and NEM headed the 10th annual GMIC Beijing Cross Border Venture Summit in China, held at the China National Convention Center.

EventChain and NEM at the CNCC

Ashton Addison, the CEO of EventChain, and Steve Li, the Regional head of NEM China, spoke to inform international investors on “Global Opportunities for Blockchain Companies and How Big is the Market?”

Over 50,000 user registered for the CNCC Exhibition, which took place across 4 floors at the Convention Center from May 26–28.

Ashton from EventChain, Lindsey from Luna Capital, and Steve from NEM

Also among the panel was Lindsey Maule, the founding partner at Luna Capital, A VC fund investing in scalable blockchain platforms and DAGs (Direct Acyclic Graphs). Luna Capital’s focus on scalability and growth of blockchain for businesses that are scalable aligned well with the crypto focused group panel discussion. They had their thoughts on NEMs scalability and the potential of EventChain as a mainstream business use case of the blockchain.

The consensus among the panelists determined the huge need for scalable platforms that will be able to withstand the growing demand of businesses to integrate blockchain technology and transactions into their operations in the coming years. NEM also discussed the need for interoperability, and highlighted the communication between NEM public blockchain and NEM Private blockchains, which can handle business transactions easier. Recently Pundi X, a non-arm’s reach partner of EventChain, implemented the NEM blockchain into their POS devices would which have the current capability of transacting much faster than the Ethereum Blockchain.

As we’ve been developing the EventChain SmartTickets application we’ve been considering the business needs of the blockchain specifically for high frequency ticket sales, and the necessary scalability needs of the underlying technology to support ticketing at its peak. This panel discussion came just one month after our Beta release on March 31, 2018. Feel free to try out the Beta version of EventChain at https://beta.eventchain.io.

While at GMIC Beijing, EventChain met up with Centareum, a platform out of Singapore developing proximity based advertising platforms using AI and blockchain technology.

EventChain and Centareum Partnership

Ashton and Ishaan, the CTO of Centareum, finalized a partnership based out of Singapore and reaching out to South East Asia and the USA for EventChain events to be displayed to Centareum users by proximity, allowing them to purchase tickets easily for nearby events.

EventChain and Centareum at GMIC Beijing

Stay tuned for more updates coming out of GMIC Beijing and our upcoming conferences. If you want to speak to the leadership team and stay close to the development updates, join us in our telegram chat at https://t.me/eventchain

Thanks kindly,

Your EventChain Team