Press Release – updated: Nov 16, 2018
NEW YORK, November 16, 2018 (Newswire.com) – Ultrain is a technology company dedicated to the development of next-generation blockchain public chains, which positioned itself as a decentralized full-stack engine.
Established in 2017, by former Technical Director of Alibaba Security Group Guo Rui, former Managing Director of Golden Brick Capital, Head of Qihoo 360’s IOT Investment Emma Liao Zhiyu, former Technical Leader/Chief Architect of Ant Financial’s Blockchain Team Li Ning, formal Core Architect from Alibaba’s Cloud OS team Shen Yufeng, former Cryptologist expert from Ant Financials’ blockchain team Wang Husen– a dream team that syndicates cutting-edge innovation theory, robust engineering implementation experience, and top-notch global capital and business operations capabilities. Furthermore, Ultrain has signed the world-renowned economist, a tenured professor at LSE and a board member of the Richemont Group, Professor Jin Qiuyu, and the co-founder of the famous short-video APP Musical.ly, Louis Luyu as consultants to further discuss how to successfully build economy and launch “killer apps” on the blockchain.
On October 8, 2018, Ultrain held a product launch event, namely Supernova, in San Francisco, and released their public testnet, permitted mainnet, as well as the three middleware components; customizable zero-knowledge proof, random number generator, quantum resistant wallet, and some other on-chain DApp demonstration. Ultrain proclaimed that its smart contract developer framework is now available open-sourced. As of now, there are over dozens of Dapp being built on top of the existing Ultrain ecosystem. Since the testnet is now online, nearly a hundred developers have already deployed their smart contract on the development framework. Also, Ultrain was successfully selected by the Microsoft accelerator as an incubator project, receiving leading resources supported by Microsoft’s Azure cloud computing platform & services.
As a popular public chain project among investors, Ultrain has received investments from top tire investment institutions such as DHVC Capital, Arrington XRP Capital, FBG Capital, NGC Capital, Sky9 Capital, and Ceyuan Ventures.
On November 21st at 20:00, Ultrain will be officially listed on the Bgogo exchange.
Media Contact: Blocktopian@ultrain.io