Connect with us
Prague Gaming & TECH Summit 2025 (25-26 March)

Blockchain

Molecular Data Inc. and China’s listed UCloud in collaboration to further drive digital transformation

Published

on

 

Molecular Data Inc. (“Molecular Data” or the “Company”) (Nasdaq: MKD), a leading technology-driven platform in China’s chemical industry, today announced that it has signed a cooperation agreement with UCloud Technology Co., Ltd. (“UCloud”, stock code: 688158), the first China listed company in cloud computing.

The two parties will integrate their respective high-quality resources and jointly launch industry solutions and service systems to help Digital and intelligent transformation; including upgrading of chemical, medical, new materials and other industries.

This move to address the inadequacies faced in the various industries will also include deploying Blockchain solutions accordingly.

Hua Kun, the co-founder and COO of UCloud, Jiang Jianbiao, the head of expansions cooperation of UCloud, and senior management from Molecular Data attended the signing ceremony.

Advertisement

UCloud is a neutral and secured cloud computing service platform. The company has an in-depth understanding of the business needs of traditional industries in different scenarios, and provides comprehensive industry solutions including public cloud, hybrid cloud, private cloud, and proprietary cloud.

Molecular Data’s senior management introduced that driven by the new energy industry, new materials industry and the new economy, the chemical industry has entered a new stage of refinement, digitalization and diversification. However, the overall IT technology and digitization capabilities of the chemical industry remains weak.

Molecular Data hopes to work with UCloud; using leading companies in the chemical industry as a benchmark, where both parties will jointly create a full value chain and bring comprehensive solutions for the vertical segmentation of the chemical industry.

Hua Kun, co-founder and COO of UCloud, said: There is a lot of room for digitalization in the chemical industry. The chemical industry has high requirements including the security of IT architecture, and at the same time it must meet the requirements of simplicity, ease of use, and convenience in both operations and maintenance.

UCloud has the ability to provide chemical companies with cloud services and integrated software and hardware delivery solutions. UCloud will utilize Molecular Data’s application services and data systems in the chemical industry to jointly provide products and solutions to help the digital transformation and upgrading of the chemical industry.

Advertisement

At present, the joint product team established by Molecular Data and UCloud has focused on the two key directions. Firstly in the digitalization of leading enterprises in the industry and secondly, the upgrading of the industry’s cross-border transaction system.

Blockchain

Trident Reports First Half 2024 Unaudited Financial Results

Published

on

Continue Reading

Blockchain

CoreNest Capital, Sologenic’s VC partner, invests in Texture, a U.S.-based broker-dealer, to launch SoloTex, a new platform for trading tokenized equities

Published

on

corenest-capital,-sologenic’s-vc-partner,-invests-in-texture,-a-us.-based-broker-dealer,-to-launch-solotex,-a-new-platform-for-trading-tokenized-equities

Sologenic + Texture = SoloTexAs a result of a strategic partnership between the Sologenic Development Foundation and Texture Capital Inc., a FINRA—and SEC-licensed broker-dealer, SoloTex aims to be the ultimate gateway to tokenizing and trading capital markets on demand.This innovative approach leverages tokenization to introduce features like enhanced liquidity, fractional ownership, and quicker settlement processes, offering a more efficient way to manage and exchange assets.Join the waitlist at SoloTex.com to learn more.

Continue Reading

Blockchain

Bybit Strengthens Partnerships and Explores Islamic Finance Innovation at Exclusive Forum

Published

on

bybit-strengthens-partnerships-and-explores-islamic-finance-innovation-at-exclusive-forum
Continue Reading
Advertisement
 title=
Advertisement

Latest News

Recent Listings

  • Global Payout, Inc.

    Since the Company’s inception in 2009, Global Payout, Inc. has been a leading provider of compreh...

  • MTrac Tech Corp.

    MTrac Tech Corporation, a Nevada Corporation, is a privately held, wholly owned subsidiary of Glo...

  • Net1

    Net1 is a leading provider of transaction processing services, financial inclusion products ...

  • uBUCK Technologies SEZC

    Based in Georgetown, Cayman Islands, uBUCK Tech is a fintech enterprise that specializes in digit...

  • LiteLink Technologies Inc.

      LiteLink is a major player in developing world-class enterprise platforms that utilize ar...

  • Good Gamer Corp.

      Good Gamer Corp. is a privately-held technology company focusing on gamers and streamers....

  • BitPay

      Founded in 2011, BitPay pioneered blockchain payment processing with the mission of trans...

  • About Net1

      Net1 is a leading provider of transaction processing services, financial inclusion produc...

  • Blockchain Foundry Inc.

    Headquartered in Toronto, Canada, Blockchain Foundry (CSE:BCFN)(FWB:8BF)(OTC:BLFDF) is a global b...

  • Sixgill

    Sixgill provides a full suite of universal data automation and authenticity products and services...

Trending on TBE