OwlTing announced that it will be listed on Nasdaq! Launched “blockchain service platform” vows to become a global blockchain company
【Published by: techorange | Editor: Huang Sui Huai | Translator: Statecraft 】
Last year, Taiwan’s newly-created — Owlting got the Favor of Japan’s SBI Financial Group , and on May 22nd, held the “2019 OwlTing Press Conference and Blockchain Service Presentation Conference”, and announced the launch of “OwlTing Blockchain Services” (OBS), and share the world’s first blockchain industry application examples.
Insight into cross-industry pain points, confirming the possibility of blockchain commercial transfer
Since its inception in 2010, OwlTing has become one of the world’s most-watched blockchain startups, including the world’s first food blockchain traceability system (OwlChain) and travel management service system (OwlNest). According to the press release provided by the company, this year it is expected to launch a one-stop travel platform integrating travel experience, air tickets and reservation services, and integrate the OwlTing blockchain traceability system (OwlChain) and travel management with the blockchain industry application as the core. Service system (OwlNest) and blockchain anti-counterfeiting system (OwlCheck) three applications, officially launched the OwlTing Blockchain Service (OBS), helping industries to control quality, process, cost and consumer trust.
The press release provided by the company also mentioned that the OwlTing has also produced a beautiful transcript after several years of accumulation.
Travel management service system (OwlNest) has accounted for the largest percentage of revenue. Due to the SaaS charging model, the profitability is steadily increasing at a growth rate of 20–30% per month. The “Flexible Pricing” function is introduced to provide a mechanism for travelers to freely allocate housing prices and investing in Flip Flop Hostel, a well-known backpacker’s hotel in Taiwan. OwlNest is deeply involved in the consumer market in Taiwan, It is expected that the total amount of OTA orders for OwlNest processing online travel platform will exceed NT$1 billion by the end of 2019.
OwlTing blockchain traceability system (OwlChain), launched in 2017, after nearly three years of development and commercial transfer, OwlChain upgraded to a platform mode, using open blockchain serial history records, so that each production participant The developed system can become a node, and serialize the history data of its own proprietary format to the tracking platform to completely track the entire product supply chain. Now, we are striving to break through industrial restrictions and successfully apply to multiple industries such as medical, logistics, and automobiles.
For such success, Darren Wang, founder and CEO of the OwlTing, said, “OwlTing continues to listen to consumer needs, actively gain insight into industry knowledge and explore corporate needs, and gain an in-depth understanding of industrial pain points to develop solutions that are suitable for various fields.” Therefore, it has won the trust of domestic and foreign partners and created many concrete achievements.
OwlTing announced that it will be listed on Nasdaq to welcome the international stage of capital
However, OwlTing did not stop because of these impressive results. According to the report, OwlTing’s next step is to list on the world’s second largest stock exchange, Nasdaq, and hope to let the global investment market see the uniqueness of OwlTing. With advantages, it has gradually become a global representative blockchain enterprise.
Therefore, Darren Wang appealed to everyone: “The blockchain will be a very core network infrastructure in the future. OwlTing is working hard to change the world in the next 10 years. We hope to create application services tailored to each industry through the blockchain, assisting in the upgrading of various industries and at the same time explore the infinite possibilities of blockchain technology! “
■ Source: techorange
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