<br><div><p><span>Chinese e-commerce firm </span><span><a href="https://jd.com/" title>JD.com</a></span><span>, </span><span>a member of the Fortune Global 500</span><span> headquartered in Beijing, is launching AI Catapult Accelerator (AICA), an accelerator program designed to unlock the transformative potential of startups demonstrating cutting-edge expertise within the blockchain area.</span><br /></p><p><span>JD.com </span><span>is likely one of the two largest business-to-consumer (B2C) on-line retailers in China by transaction quantity and income, and a serious competitor to Alibaba-run Tmall. As of September 2017, JD.com’s platform, also known as the “eBay of China,” had greater than 266 million lively customers, with a income of near $50 billion. JD considers blockchain know-how and its integration into mainstream use as the important thing to a brand new age of value effectiveness and buyer satisfaction.</span></p><p><span>"Whole-process traceability just isn't a brand new idea however blockchain makes it actually doable,” Yongli Yu, president of JD's provide chain analysis unit, mentioned in dialog with </span><span><i>Bitcoin Magazine</i></span><span>. "Throughout the world, and notably in China, customers more and more need to understand how their merchandise are sourced, and JD is devoted to utilizing know-how to advertise full transparency." </span></p><p><span>Six blockchain know-how firms </span><span>—</span><span> CanYa, Bluzelle, Nuggets, Republic Protocol, Devery and Bankorus </span><span>—</span><span> have been chosen as members of the AICA accelerator’s first cohort. The program will begin with a signing ceremony in New York, the place JD is traded, after which the primary cohort might be guided by the six-month worldwide accelerator program from March 2018. Among different advantages, the businesses within the AICA accelerator program will obtain advertising and marketing, PR and worldwide enterprise growth assist from JD.com.</span></p><p><a href="https://canya.io/"><span>CanYa</span></a><span>, a blockchain-powered market of peer-to-peer companies that helps individuals discover, guide and pay for digital and residential companies, is likely one of the first members of the AICA accelerator program. The firm strives to “accelerate the mainstream adoption of cryptocurrency by providing a meaningful reason to spend cryptocurrencies on services.” According to its </span><a href="https://canya.io/assets/docs/WhitePaper.pdf" title><span>white paper</span></a><span>, CanYa needs to be “the ultimate link between cryptocurrency and the real world.” </span></p><p><span>The CanYaCoin (CAN), an ERC20 token on the Ethereum blockchain, could be exchanged within the platform and transformed to real-world expert labour. The token offers the CanYa market with a decentralized, trustless and hedged escrow service; a bridge between fiat and quite a lot of cryptocurrencies; a rewards system to encourage community results; and incentives for person curation and arbitration.</span></p><p><span>The CanYa apps might be translated into Chinese, built-in with the JD platform and promoted to JD’s prospects with a “CanYa Widget” for JD consumers to rent an area CanYa service supplier to assist with their purchases. For instance, somebody shopping for furnishings may guide a CanYa supplier at checkout to assemble and set up it of their residence. </span></p><p><span>“This is a validation of CanYa’s business model and global disruptive potential,” </span><span>mentioned CanYa co-founder and CEO John-Paul Thorbjornsen in an organization assertion. “</span><span>JD is likely one of the most vital know-how firms on the earth, to have their full help and backing is big for our platform and the acceleration of blockchain know-how.”</span></p><p><span>“</span><a href="https://www.jd.com/"><span>JD.com</span></a><span> is a world chief in making a significant change within the lives of customers, and we're extremely excited to see them embrace decentralized applied sciences and encourage their mainstream adoption,” added Thorbjornsen in dialog with </span><span><i>Bitcoin Magazine</i></span><span>. “By creating a blockchain accelerator and working with blockchain startups with potential, JD is cutting through the hype and providing support where it is needed most right now: shipping technology to millions of users globally.”</span></p></div>

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