Layla Dong, a Female Leader Rebuilding Traditional Finance with Blockchain
19 Novembre 2019 - 09:00AM
JCN Newswire (English)
SHANGHAI, Nov 19, 2019 - (ACN Newswire) - Growing up in China
during the 1990s, Layla Dong, founder and CEO of Blockshine,
witnessed the rush of economic development brought by the internet.
For Ms. Dong, her experience has cemented a desire to ensure the
development and application of technology for the betterment of
society.
This philosophy led her to become a board member of the WEF Global
Shapers Foundation in 2016, an organization dedicated to providing
a platform for young people to take an active role in shaping the
future. Her tenure at Global Shapers led to a realization that
powerful and lasting positive social changes can be achieved only
when public and private sectors are brought together.
Despite blockchain being hailed as a disruptive technology,
institutions have been slow to develop and adopt blockchain
technology. This is in part due to technological, architectural and
product structure issues that prevent institutions from
participating at any meaningful scale in the digital asset market.
Ms. Dong founded Blockshine in 2017 to address these issues, and
has on-boarded experienced personnel from the traditional financial
industry to build products which will allow corporates and
institutions to enter the market and accelerate the pace of
technological development. The company specializes in the creation
and application of custom designed blockchain systems which can
reduce costs and increase business efficiencies and value
exchange.
Blockshine is built upon Layla's philanthropic principles, and aims
to promote the development of business and affect societal change.
The company has created a Corporate Social Responsibility program
to ensure that the successes of the company benefit the community.
The program is currently focused on breaking the cycle of poverty
experienced by the children of migratory workers in China through
English tuition. English is a skill which opens up many
opportunities in China. Up to now, eleven events have been hosted
to increase the awareness of the issues and to direct more aid for
these children.
Another factor holding blockchain back from true adoption is the
legal and regulatory uncertainties. Blockshine partnered with
Blockchain Centre to open the Shanghai branch of the education and
knowledge hub. The Centre provides a platform to connect government
and industry, facilitating an open dialogue to ensure that legal
frameworks developed enable blockchain industries to flourish and
benefit the local economy. It also assists governments through the
provision of consultation by industry experts to ensure they have
the knowledge required to take positive action.
Most notably, Blockchain Centre has a strategic partnership with
Austrade (Australian Trade & Investment Commission) and has
entered into an MOU with Russian state-owned Vnesheconombank (VEB).
It has developed an educational course of blockchain technology and
coding languages. The Centre is building a strong talent pool with
an aim to propel Shanghai to the forefront of blockchain
development.
Layla believes that the organizations and programs she has created
will bolster the blockchain market, ultimately leading to a new
trust-based economy. Blockchain is set to revolutionize the
payments industry through instant settlement, rapid transaction
times & transparent operating practices. However, the biggest
impact will be that blockchain provides the means to sidestep the
creation of expensive banking & payment infrastructure and will
allow individuals in the developing countries to create businesses
and access the financial services they were previously denied.
Contact:
Company: Blockshine
Website: www.blockshine.com
Email: contact@blockshine.com
Source: Blockshine Technology Corporation
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