Chainers 2018 summit was held in Seoul on July 1, 2018. Youdeal, a Singapore blockchain project, attended the summit on the invitation of The Korea Economic Daily, HankyungTV. Ken Dong, the chief adviser of Youdeal, addressed the conference as a summit speaker. The speech from Mr.Dong has made a splash in the capital circle of South Korea. After the summit, he accepted the interview from HankyungTV. It is the first time that Youdeal has tried to enter the market place in South Korea and successfully attracted a great deal of attention from local capitals and projects.
“Youdeal is a consumer-to-consumer (C2C) individuals trading platform based on blockchain” said Mr. Dong, “Leveraging blockchain technology is able to construct a decentralized internet environment, in which no central control exists but implements users autonomy. The change brought to the industry by blockchain is exactly the change of production relations, and that is absolutely what Youdeal solves. In Youdeal ecosystem, consumers and service providers are no longer two parties with opposing interests but a community of shared interests. we are committed to unlock economic values of each individual and achieve the real share economy of people. ”
Here is some excerpts from his speech:
“Alibaba Research Institute predicts that China will have 400 million freelancers in the future. The United States now has 30% of people working from home, and a lot of programmers, designers, dancing coaches and yoga teachers are exactly freelancers in China.Individual services industry generates trillion dollar economy value every year globally and is still growing rapidly riding the trend of Gig Economy.”
“Youdeal is based on the ecosystem of Yuedan, a mobile app that we have been operating for over three years with 50 million active users in 400 cities globally. Yuedan currently connects individual services providers with consumers directly in over 300 categories such as fitness trainer, plumber, accountant etc. We have completed over 100mn deals in our platform that is worth over 10bn US dollars.”
“Youdeal has got tens of millions of dollars investment from more than 10 prestigious institutional investors such as Coinegg, Hyper Fund, Skycc Fund, Daex Fund, Bitgogo, Xingyao Capital, Galaxy Capital, Shulian capital and so on.”
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Company Name: Youdeal
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Country: Korea
Website: https://www.youdeal.io/