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LZMH Relocation and Opening Ceremony and Unveiling of IoT Blockchain Lab Held in Wuxi!

2017-04-10 09:00

Blockchain and the Internet of Things (IoT) have become hot topics. Some believe that despite the development and application of IoT, we have not yet seen large-scale construction cases for two main reasons: high construction and maintenance costs, and the inability to ensure security and privacy. Blockchain can enable self-management and maintenance of devices, greatly reducing the later maintenance costs of IoT devices. At the same time, by generating private keys for devices, it ensures that users' personal data is not stolen, improving the security of IoT. The combination of these two advantages is bound to unleash enormous power. Yesterday, people's attention once again focused on blockchain and IoT.

Wuxi LZMH Blockchain Application Lab was unveiled and established here
Wuxi LZMH Blockchain Application Lab was unveiled and established here

On April 10th, the Wuxi LZMH Blockchain Application Lab was unveiled and established here. On the same day, the LZMH relocation ceremony and the launch ceremony of the APP neighborhood section were held simultaneously. Wang Jinjian, Deputy Mayor of Wuxi Municipal Government, Secretary of the Party Working Committee of the High-tech Zone, and Secretary of the Xinwu District Committee; Hu Yi, Deputy Director of the High-tech Zone Management Committee and Deputy Head of Xinwu District; Guo Xueqiang, Secretary of the Party Working Committee of Jiangxi Street; Chen Weihong, Director of Jiangxi Street Office; Zhang Hualin, General Manager of China Telecom Wuxi Branch; Zhang Andong, Chairman of LZMH Network Technology Co., Ltd.; Sun Qiyang, Director of LZMH and Chief Partner of Shenzhen Qianhai Zhixing Capital, as well as relevant department heads from the city and district and many media reporters attended the event.

On-site picture
On-site picture

At the conference, Zhang Andong, Chairman of LZMH Network Technology Co., Ltd., and Chen Weihong, Director of Jiangxi Street Office, jointly unveiled the Wuxi LZMH IoT Blockchain Lab. Wang Jinjian, Deputy Mayor of Wuxi Municipal Government, Secretary of the Party Working Committee of the High-tech Zone, and Secretary of the Xinwu District Committee; Hu Yi, Deputy Director of the High-tech Zone Management Committee and Deputy Head of Xinwu District; Guo Xueqiang, Secretary of the Party Working Committee of Jiangxi Street; Zhang Hualin, General Manager of China Telecom Wuxi Branch; Zhang Andong, Chairman of LZMH Network Technology Co., Ltd.; and Sun Qiyang, Director of LZMH and Chief Partner of Shenzhen Qianhai Zhixing Capital, jointly launched the LZMH APP neighborhood section.

Unveiling ceremony
Unveiling ceremony

It is reported that LZMH was founded in Xiamen in September 2014 and moved its corporate headquarters to Wuxi High-tech Zone in September 2017 through investment promotion by Wuxi City. The company focuses on smart communities, using IoT access control as an entry point to build a one-stop, diversified community service sharing platform. It has now operated in more than 40 cities across the country, entered more than 1,500 mid-to-high-end urban communities, installed 35,000 IoT portal screens, and covered 1.5 million high-quality urban household users.

The successful unveiling of the Wuxi Blockchain Application Lab
The successful unveiling of the Wuxi Blockchain Application Lab

At the same time, LZMH has carried out in-depth cooperation with Tencent on WeChat applet mobile phone keys; business docking cooperation with Baidu on the DSP advertising platform; strategic cooperation with Industrial and Commercial Bank of China, Changyin 58, etc. on community finance, and in-depth agency cooperation with powerful advertising companies in various cities. Starting from the most frequently used IoT access control in the community, it is widely used in all aspects of community IoT, which is of positive significance for promoting technological progress and high-quality industrial development in the IoT field.

The successful unveiling of the LZMH Wuxi Blockchain Application Lab marks the official launch of LZMH's blockchain application. The research results of the laboratory can be applied in fields such as blockchain keys, blockchain IoT devices, blockchain monitoring and advertising contracts. Not only that, the establishment of the blockchain application laboratory can also improve the company's independent innovation capabilities, solve key technological innovations, and at the same time, it will also have a positive significance for promoting technological progress and industrial development in related fields in Wuxi.