XMED Chain (XMC) Entered Strategic Cooperation Partnership with Blockchain Community Bitwork to Accelerate Community Penetration and User Development
XMED Chain (XMC), a global cross-border medical blockchain and AI data analysis platform, recently formed a strategic collaboration partnership with the blockchain community Bitwork. Located in the international financial center of Hong Kong, Bitwork community facilitates enterprises to harness the power of blockchain technology, to provide blockchain resources docking and industry exchanges, and also enables the potential blockchain projects exert the maximum benefits. The strategic collaboration partnership between the global cross-border medical blockchain and AI data analysis platform and Bitwork will be conducive to optimize resource allocation in the blockchain, to incubate the blockchain technology for the next generation, and to be prepared for future blockchain challenges. At the same time, the collaboration shows potentials to establish benign blockchain ecology by promoting the healthy growth of the entire blockchain industry.

As a rapidly developing technology trend, blockchain is considered by the government of Hong Kong as a disruptive technological change that can reshape Hong Kong’s financial system and social management, and would enable Hong Kong to maintain its global financial innovator status so the authorities can vigorously support the development of blockchain. Hong Kong Monetary Authority has formally launched its own blockchain trading financing platform which has connected 21 banks, including HSBC and Standard Chartered. It is expected that the blockchain will reduce the time and paperwork required for daily trade financing and supply chain financing exchange considerably, and enhance the overall transparency of the industry, strengthen industry management and ensure the safety of transactions.

Bitwork, a blockchain community based in Hong Kong, provides top-tier enterprise blockchain services and solutions to existing industries in Hong Kong, such as banking, health care, education and government departments. By drawing further support from the international financial center of Hong Kong, Bitwork will also integrate global blockchain projects, talents, and technologies by embracing the full ecological model of business-to-business and business-to-consumer, thereby achieving complete blockchain product and service transactions, and creating mutually beneficial services and product delivery channels.

At a recent press conference, Mr Chan Siu Wah, the co-founder of the community said that Bitwork blockchain community will focus on four key developments: “blockchain community”, “education activity”, “enterprise cultivation” and “asset management”, by reuniting the talent and technology of the blockchain and by enabling all individuals and enterprises to receive different levels of service needs in order to achieve the combination of blockchain technology and real economy. The chief executive YAN King-shun of Cyberport also said that Cyberport will work closely with Bitwork, promote the integration and development of Hong Kong’s digital industry and blockchain, bridge the gap between traditional economy and new economy and cultivate more “new forces” for Hong Kong’s economic development.

Bitwork’s founding team announced that Bitwork will achieve Bitwork 2.0 — CaaS — Community as a Service in the fourth quarter of 2018, thereby linking more blockchain projects. The community looks to bring together talents and technology by nurturing and releasing the value of blockchain projects and by promoting their rapid growth.
In the future, Bitwork will also expand its service points at a global scale and access cross border blockchain services, break the geographical barriers between countries and regions, and promote the landing and application of blockchain technology around the world.

XMED Chain (XMC) is having Strategic Cooperation with Bitwork
As for XMED Chain (XMC), it initiated the first strategic cooperation between a cross-border medical blockchain and AI data analysis platform, which XMED Chain (XMC) itself, and a blockchain community, which is Bitwork.

Law Tsz Hin, the founder of XMED Chain (XMC) said that having strategic cooperation with Bitwork is due to the profound growth of its own blockchain technology gene and medical big data technology field and the high brand awareness, which are the natural integration points for collaborating with a blockchain community. By successfully collaborating with Bitwork, it can speed up the global development and adoption of blockchain technology, and promote the advantages of Bitwork in terms of blockchain technology and talent absorption, and also optimize resource allocation for blockchains which can further enrich talents. Technology and medical resources of XMED Chain (XMC) accelerated the landing and promotion of XMED Chain (XMC) in the global market. When the next-gen technology gets fully deployed, it will help healthcare institutions respond to the potential global market demands for healthcare by harnessing the power of the blockchain. In the long run, the strategic cooperation between XMED Chain (XMC) and Bitwork will certainly bring breakthroughs to the medical blockchain platform, and it will also enable global users and enterprises to enjoy the social value brought by the medical blockchain more quickly and comprehensively.

In brief, the further development of the blockchain industry is inseparable from the integration of capital and management, and the efforts of professional practitioners are also needed. The continuous and healthy development of blockchain technology is indispensable for further development of the benign industrial ecology. As members of the ecosystem and integral parts of broad-spectrum development of the technology, XMED Chain (XMC) and Bitwork are both willing to contribute their strength to the ecology of the blockchain.

