First-mover in Blockchain commercialization as part of strategic upgrade
HONG KONG, March 27, 2018 /PRNewswire/ -- China Binary Sale Technology Limited ("China Binary" or the "Company"; stock code: 8255), listed on the Growth Enterprise Market of the Hong Kong Stock Exchange, is pleased to announce that the Company has launched its first commercialized blockchain application product: XKey, a smart blockchain device featuring a unique smart sharing function. Its global launch ceremony was held in Mandarin Oriental, Hong Kong and was attended by over 100 investors, distributors and journalists from Hong Kong, Mainland China and other Asian countries.
Xkey is a compact but powerful USB device that utilizes efficient and reliable blockchain technology to enable users to share the storage space and network bandwidth of unused electronic devices at anytime and anywhere to generate economic rewards. Blockchain is essentially a decentralized database that does not rely on third-party maintenance. By tapping into a decentralized blockchain through XKey, users are able to easily and safely maximize the value of their unused devices by using them to generate rewards on the platform. XKey not only sells at affordable price, but also is compatible with all personal computers, as well mobile phones and tablets.
XKey also features strong security measures. Thanks to secure digital encryption and blockchain technology, data in the device is protected and secured when sharing XKey's device storage space. In addition, XKey is not a traditional data mediator and does not own user-related data.
Mr. Jiangtao Sun, the Chief Executive Officer of China Binary and a well-known angel investor in China, commented: "I am honored to launch XKey, and explore a huge opportunity for the online sharing economy via blockchain technology. XKey's distinctive product concept, ranging from the decentralized design of data storage to the bright prospects of the sharing economy, proves itself as a disruptive creation against traditional data storage and marks an epoch-making innovation. Blockchain technology solves various security and trust issues. I hope that XKey will provide users with an unprecedented experience, so that every consumer of electronic products can share data easily."
XKey is now available for pre-order. Please visit www.xkey.vip for more information.
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SOURCE China Binary Sale Technology Limited