The world of blockchain is filled with passionate technologists and explorers, all diving into the grand experiment that began with Bitcoin. Among them is a dedicated believer in blockchain's potential—someone who joined the entrepreneurial wave with unwavering faith in this emerging technology.
Over more than a decade in the blockchain industry, this pioneer evolved from a Bitcoin enthusiast into a staunch advocate for blockchain, transforming from an unknown programmer into a prominent evangelist. Today, he remains deeply involved in research and development, with blockchain fully integrated into his life and vision.
Through years of meticulous effort, he has refined his products with an artisan's touch, building a leading enterprise in the blockchain sector. His idealistic vision for blockchain is gradually becoming a reality.
The Path of Entrepreneurship: Growth Through Challenges
Hailing from a small town in Jiangsu Province, this innovator was influenced by his father, a teacher, who helped shape his unique perspective on the world. After excelling in his college entrance exams, he attended the University of Science and Technology Beijing and later pursued a master's degree at Renmin University of China. A chance listening to a speech by Jack Ma, often referred to as the "godfather of entrepreneurship," altered the course of his destiny.
After careful consideration, he plunged into the world of internet startups, joining the group buying trend. Later, he transitioned to become an engineer at Yahoo, where he gained exposure to database technology. Recognizing the potential in online document sharing, he co-founded Douding Wang, which grew into one of the largest Chinese document libraries.
Reflecting on his entrepreneurial journey, he once wrote, "Throughout human history, it is rare for entrepreneurs to succeed multiple times in a row. Most achieve breakthroughs only after numerous failures."
In 2011, fate intervened when he watched an episode of The Good Wife and heard the line, "Bitcoin is the future, real is gonna change." That moment marked a turning point, steering him toward the world of cryptocurrency.
Initially just a Bitcoin enthusiast, his growing understanding of its underlying technology deepened his belief in blockchain. In 2012, he took the leap into blockchain entrepreneurship by founding OKCoin, which later evolved into the OKX Group, a major player in blockchain technology R&D and services.
Commitment: Advocating for Blockchain
As a firm believer in blockchain's potential, this visionary dedicated himself to mastering its foundational technology, aiming to build the OKX Group into a blockchain equivalent of "Alibaba." In 2015, the group advertised on the massive screen in New York's Times Square, showcasing Chinese blockchain technology to the world.
As a global leader in the blockchain space, the OKX Group focuses on industrial applications of underlying blockchain technology. Under his leadership, the company has made significant strides in public chain development, greatly enhancing scalability and achieving world-leading advancements in innovative state sharding mechanisms.
One of the group's flagship products, "ChainEye," leverages massive on-chain data analysis and tracking to provide users with address analysis, chain monitoring, and transaction mapping services. This helps safeguard on-chain assets and protect both businesses and individual users in the blockchain ecosystem. Asset security remains a critical challenge in the industry, and ChainEye serves as a vital monitoring and visualization tool for crypto assets.
Since its launch, ChainEye has assisted law enforcement agencies in Jiangsu, Shandong, Inner Mongolia, and other regions in solving dozens of crypto-related cases. Thanks to its on-chain data analysis platform OKLink and ChainEye technology, the OKX Group has received numerous industry awards, including "China's Top 30 New Economy Companies" and "2020 Fintech Company of the Year."
Today, the group has developed China's first blockchain underlying technology application, OKLink, along with a dedicated blockchain browser. With the rise of decentralized finance (DeFi) in 2020, OKLink quickly integrated a DeFi section, offering users real-time data on抵押借贷 (mortgage lending), DEX, financial derivatives, and total value locked (TVL) in Ethereum-based DeFi protocols.
Through sustained investment in blockchain R&D, the OKX Group now covers a full industrial chain layout—including blockchain big data, incubators, industrial investment, technology R&D and application, USD-compliant stablecoins, and licensed digital asset trading. The founder's blockchain "ideal state" is steadily taking shape.
With blockchain now elevated to a national strategy in China, the OKX Group has taken active steps to promote blockchain education. To help newcomers build a comprehensive understanding of blockchain and keep pace with technological trends, the group collaborated with the Beijing Youth Internet Association to launch 500 Short Videos to Understand Blockchain, a popular science series. Covering basic concepts, macro logic, application scenarios, industry hotspots, and investment opportunities, the series uses plain language to make blockchain accessible.
In addition to video content, the group has authored and published authoritative industry books like Blockchain: Reshaping the Economy and the World, Illustrated Blockchain, and Token Economics. They have also produced animated science series such as Chain and the Future and the public welfare documentary Blockchain: Real Record, making complex blockchain concepts easily digestible for the general public.
As blockchain is incorporated into China's national development strategy and mentioned multiple times in the "13th Five-Year Plan for National Informatization," it has become a critical breakthrough in core technology innovation and a focus of societal attention. As a leading domestic blockchain enterprise, the OKX Group bears the responsibility of driving technological adoption and innovation.
As a strategic emerging technology, blockchain is poised to bring significant changes to real-life applications and the实体 economy. Alongside big data, IoT, and 5G, it forms part of the national "new infrastructure," contributing to the development of cutting-edge technology.
In 2021, the OKX Group celebrated its eighth anniversary. With the aspiration that "technology changes life," it aims to become a world-leading blockchain technology and service provider. Its founder remains convinced that blockchain will become fundamental infrastructure for future societies, helping to create a better world.
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Frequently Asked Questions
What is blockchain technology?
Blockchain is a decentralized digital ledger that records transactions across many computers in a way that ensures security, transparency, and immutability. It underpins cryptocurrencies like Bitcoin and has broader applications in supply chain, finance, and data management.
How does blockchain enhance data security?
Blockchain uses cryptographic hashing and consensus mechanisms to validate transactions, making it extremely difficult to alter recorded data. This decentralized nature reduces the risk of single points of failure and unauthorized changes.
What are common use cases for blockchain beyond cryptocurrency?
Blockchain is used in supply chain tracking, digital identity verification, smart contracts, voting systems, healthcare data management, and cross-border payments, among many others.
What is DeFi (Decentralized Finance)?
DeFi refers to financial services built on blockchain networks, eliminating intermediaries like banks. It includes lending, borrowing, trading, and earning interest through decentralized protocols.
How can businesses start adopting blockchain technology?
Businesses can begin by identifying areas where transparency, security, and efficiency are needed. Pilot projects, partnering with blockchain providers, and investing in workforce training are common starting points.
Why is blockchain considered a transformative technology?
Blockchain reduces reliance on intermediaries, increases trust through transparency, enhances security, and enables new business models and efficiencies across various industries.