NEW YORK, Feb. 17, 2021 /PRNewswire/ — Future FinTech Group Inc.(NASDAQ: FTFT, “Future Fintech”, “FTFT” or “Firm”), a number one blockchain primarily based e-commerce firm and a monetary expertise service supplier, introduced immediately that its wholly-owned subsidiary, Future Business Group Co., Ltd., has cooperated with the Faculty of Economics Finance of Xi’an Jiaotong College to ascertain a blockchain finance analysis institute.
Future Fintech and the Faculty of Economics and Finance of Xi’an Jiaotong College will cooperate to collectively set up the Blockchain Finance Institute, which can perform analysis and cooperation on blockchain expertise within the monetary trade. On the identical time, the Blockchain Finance Institute will arrange a basis for establishing school-enterprise cooperation post-doctoral cellular stations for the subsequent step. The 2 events will deal with the analysis of blockchain expertise in banking, insurance coverage, securities, futures, provide chain finance, digital fee and so forth. FTFT will present funds for scientific analysis, whereas Xi’an Jiaotong College will present scientific and engineering analysis personnel. Related analysis outcomes shall be shared by each events.
In accordance with Mr. Shanchun Huang, the CEO of FTFT, “Xi’an Jiaotong College is a complete nationwide key college with a historical past of 125 years. Its main scientific analysis is excellent in China, particularly in arithmetic, finance and computing. The cooperation with Xi’an Jiaotong College signifies that our firm has taken the appliance analysis of blockchain expertise to a brand new degree. The event of our firm’s blockchain expertise has been heading in the right direction progressively. Blockchain expertise can remedy the issue of buyer fund safety within the monetary subject. It might enhance the pace and effectivity of banking, remittance and settlement, in addition to the prevention of systematic danger from malicious short-selling in securities transactions. It might remedy the issues which can’t be solved by conventional applied sciences. Our firm will work with Xi’an Jiaotong College to discover extra functions within the monetary blockchain subject, and to additional promote the corporate’s analysis and improvement to the world’s main degree.”
Professor Fuyou Li, the director of the Institute of Monetary System and Financial Coverage, PhD supervisor of Xi’an Jiaotong College, mentioned that “Because the impartial director of the FTFT, I’m very completely satisfied to construct a bridge for the cooperation between the 2 events. I consider the blockchain finance analysis institute shall be an open platform. The 2 events will actively perform experiments of blockchain-related functions. In the meantime, we are going to collectively construct laboratories within the subdivisional fields of blockchain expertise in order that it could possibly higher serve financial improvement and profit mankind.”
Professor Zao Solar, the doctoral supervisor and dean of the Faculty of Economics and Finance of Xi’an Jiaotong College extremely agrees with this collaboration and believes that the cooperation between the varsity and enterprise is nice. This can understand the mixture of concept and observe by “going out and coming in”. It might present a full play to their respective benefits, provide alternatives and platforms for the event of each events, and obtain a win-win scenario.
About Future FinTech Group Inc.
Future FinTech Group Inc. (“Future FinTech”, “FTFT” or the “Firm”) is a number one blockchain e-commerce firm and a service supplier for monetary expertise included in Florida. The Firm’s operations embody a blockchain-based on-line shopping center platform, Chain Cloud Mall (“CCM”), a cross-border e-commerce platform (NONOGIRL), an incubator for blockchain primarily based software tasks. The Firm can also be engaged within the improvement of blockchain primarily based e-Commerce expertise in addition to monetary expertise. For extra data, please go to http://www.ftftex.com/.
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Future FinTech Group Inc.
SOURCE Future FinTech Group Inc.