DataQin recently organizes a Pre-A Series funding round, in which it <a href="https://apnews.com/ACCESSWIRE/9ffe719eac477dcbfc8ded39edd0a731" target="_blank" rel="noopener">earned</a> 10 million RMB. The participants of this series were the investors from multiple industries, financial industry leaders and Koala Fund.

According to a report, recently, it was the second series of round and till date, the company has secured more than 100million RMB.
<h2>Several Technologies Introduced By DataQin</h2>
DataQin is among the oldest companies in China that launch blockchain technology for the government. Its team started their research on cryptocurrencies in the year 2013 and 2014. In the year 2015, the company released VERAXChain 1.0 and Baoquan.com for data rights.

Later in the year 2017, the company released VERAXChain which is an upgraded version of 1.0.

Another year the company announced the launch of Data Finance Platform which was based on blockchain smart contracts. Next year the company introduced a hybrid architecture which would provide technology for blockchain application. The hybrid architecture is one of the few projects in China that got permission from both CCID and China Electronics Standardization Institue.
<h2>Company Took Initiative To Merge Big Data Companies With Blockchain</h2>
DataQin has brought the Blockchain and Big Data together with its initiative. It has taken the blockchain businesses to another level and the company itself has become an industry leader.

Currently, the company has been working on the New Infrastructure of Digital Economy, as the Chinese Government has advised DataQin to speed up its project.

Recently, the chairman of DataQin, Gao Hang, said, “The promotion of blockchain technology is a key part in the construction of the new digital infrastructure. Many people might be unaware of the importance of blockchain technology.”

A report suggests that the blockchain’s merger with the digital economy infrastructure would help the later to develop socially and also economically.

Presently, the company has been working hard to help the government with a high-quality and diverse blockchain solution.

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DataQin Total RMB Fund Reaches Over $100 Million

DataQin recently organizes a Pre-A Series funding round, in which it earned 10 million RMB, with the participation of investors from multiple industries.

Jyoti is a graduate from GGSIPU and has done her PG Diploma in English Journalism from IIMC. Presently, she is working as a content writer with Agio Support Solution Pvt. Ltd. Her aim is to provide informative content about cryptocurrency and blockchain, to the tech-enthusiasts.

DataQin Total RMB Fund Reaches Over $100 Million

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