Xunlei - a Chinese Cloud Computing Enterprise with Blockchain Innovation

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January 15, 2018
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style="-moz-hyphens:none;-webkit-hyphens:none;Margin:0;Margin-bottom:10px;color:#fff;font-family:Montserrat,Arial,sans-serif;font-size:18px;font-weight:400;hyphens:none;line-height:22px;margin:0;margin-bottom:10px;padding:0;text-align:center;text-transform:uppercase;word-break:none;word-wrap:normal">News From GeekPark</h4><h5 class="text-center" style="-moz-hyphens:none;-webkit-hyphens:none;Margin:0;Margin-bottom:10px;color:#fff;font-family:Montserrat,Arial,sans-serif;font-size:14px;font-weight:500;hyphens:none;line-height:18px;margin:0;margin-bottom:0;padding:0;text-align:center;word-break:none;word-wrap:normal">Transmitted by PR Newswire for Journalists on <span class="prevent-break" style="display:inline-block">January 15, 2018 09:00 PM EST </span></h5></th><th class="expander" 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style="Margin:0;color:#0a0a0a;font-family:Montserrat,Arial,sans-serif;font-size:16px;font-weight:400;line-height:1.3;margin:0;padding:0;text-align:left">                <table class="spacer" style="border-collapse:collapse;border-spacing:0;padding:0;text-align:left;vertical-align:top;width:100%"><tbody><tr style="padding:0;text-align:left;vertical-align:top"><td height="24px" style="-moz-hyphens:auto;-webkit-hyphens:auto;Margin:0;border-collapse:collapse!important;color:#0a0a0a;font-family:Montserrat,Arial,sans-serif;font-size:24px;font-weight:400;hyphens:auto;line-height:24px;margin:0;mso-line-height-rule:exactly;padding:0;text-align:left;vertical-align:top;word-wrap:break-word">&#xA0;</td></tr></tbody></table>               <h1 style="Margin:0;Margin-bottom:10px;color:#4D4E53;font-family:Montserrat,Arial,sans-serif;font-size:20px;font-weight:500;line-height:28px;margin:0;margin-bottom:0;padding:0;text-align:left;word-wrap:normal">Xunlei - a Chinese Cloud Computing Enterprise with Blockchain Innovation</h1> <table class="spacer" style="border-collapse:collapse;border-spacing:0;padding:0;text-align:left;vertical-align:top;width:100%"><tbody><tr style="padding:0;text-align:left;vertical-align:top"><td height="24px" style="-moz-hyphens:auto;-webkit-hyphens:auto;Margin:0;border-collapse:collapse!important;color:#0a0a0a;font-family:Montserrat,Arial,sans-serif;font-size:24px;font-weight:400;hyphens:auto;line-height:24px;margin:0;mso-line-height-rule:exactly;padding:0;text-align:left;vertical-align:top;word-wrap:break-word">&#xA0;</td></tr></tbody></table> </th><th class="expander" style="Margin:0;color:#0a0a0a;font-family:Montserrat,Arial,sans-serif;font-size:16px;font-weight:400;line-height:1.3;margin:0;padding:0!important;text-align:left;visibility:hidden;width:0"></th></tr></table></th>              </tr></tbody></table> <table class="row content" style="background:#fff;border-collapse:collapse;border-spacing:0;display:table;padding:0;position:relative;text-align:left;vertical-align:top;width:100%"><tbody><tr style="padding:0;text-align:left;vertical-align:top"><th class="small-12 large-12 columns first last" style="Margin:0 auto;color:#0a0a0a;font-family:Montserrat,Arial,sans-serif;font-size:16px;font-weight:400;line-height:1.3;margin:0 auto;padding:0;padding-bottom:16px;padding-left:30px;padding-right:30px;text-align:left;width:570px"><table style="border-collapse:collapse;border-spacing:0;padding:0;text-align:left;vertical-align:top;width:100%"><tr style="padding:0;text-align:left;vertical-align:top"><th style="Margin:0;color:#0a0a0a;font-family:Montserrat,Arial,sans-serif;font-size:16px;font-weight:400;line-height:1.3;margin:0;padding:0;text-align:left"> <table class="spacer" style="border-collapse:collapse;border-spacing:0;padding:0;text-align:left;vertical-align:top;width:100%"><tbody><tr style="padding:0;text-align:left;vertical-align:top"><td height="24px" style="-moz-hyphens:auto;-webkit-hyphens:auto;Margin:0;border-collapse:collapse!important;color:#0a0a0a;font-family:Montserrat,Arial,sans-serif;font-size:24px;font-weight:400;hyphens:auto;line-height:24px;margin:0;mso-line-height-rule:exactly;padding:0;text-align:left;vertical-align:top;word-wrap:break-word">&#xA0;</td></tr></tbody></table><p><span class="xn-location">LAS VEGAS</span>, <span class="xn-chron">Jan. 15, 2018</span> /PRNewswire/ -- During CE<span id="spanHghltc9fb">S2</span>018, Lei Chen, CEO of Xunlei and Onething Technologies, was invited to attend the "Geek Night", held by GeekPark, to discuss the trends of technolog<span id="spanHghlt06d3">y a</span>nd to share the new possibilities of crowd sourced computing based on blockchain technology.</p>
   <p>To <span id="spanHghlt93f4">Lei Chen, CEO of Xunlei</span>, the most impressive part of this year's CES is integration. The trend of digital economy integrating with the real economy <span id="spanHghltf78e">was clear to see</span>. <span id="spanHghltfdd5">Onething</span> Cloud, presented by <span id="spanHghltccac">Onething</span> at CES, is an intelligent hardware that combines crowd sourced computing and blockchain technology. It is <span id="spanHghltdab7">an</span> exploration <span id="spanHghlte3d4">into</span> the future <span id="spanHghlt666c">of</span>&nbsp;cloud computin<span id="spanHghlt5dc4">g.</span></p>
   <p>OneThing Cloud is a private cloud, providing people with quick storage <span id="spanHghlta98a">-</span> <span id="spanHghltc247">retrievable</span> at any time, file management, remote control, multimedia entertainment and other functions. With "<span id="spanHghlt6639">Onething's</span> Reward Program", it is also a crowd sourced computing node.</p>
   <p>The core of the program i<span id="spanHghlt30e6">s t</span>o reuse idle computing resources with crowd sourced computing and blockchain technology, thus improving social computing ability and reducing its cost. <span id="spanHghlt61b3">Xu</span>nlei introduced "LinkToken", a virtual digital asset that users can obtain as a free gift by sharing their idle bandwidth, storage, computing and other resources. The application of blockchain technology ensures fairness, transparency and traceability of <span id="spanHghlt8e60">the</span>&nbsp;sharing and use o<span id="spanHghlt6b56">f&nbsp;r</span>esources. </p>
   <p>Since 2014, Xunlei has made a key first step towards global blockchain innovation and has now become a representative of innovation in <span class="xn-location">China's</span> blockchain and cloud computing industries. Lei Che<span id="spanHghlt61c3">n, o</span>nce said in an interview with CCTV that the technological innovations of <span class="xn-location">China's</span> blockchain, cloud computing and sharing economy, after exported <span id="spanHghlt0cd1">to&nbsp;n</span>eighboring countries, would help establish an increasingly close and improved social and economic community network.</p>
   <p>The innovation of <span id="spanHghltaa8c">Onething</span> Clou<span id="spanHghlt2ae9">d h</span>as been widely recognized by the market. It once "crashed" Taobao's crowd-funding servers, and received more than 20 million pre-orders on JD.com&nbsp;with a 100% customer satisfaction rating.</p>
   <p>Xunlei's share prices surged, and <span id="spanHghlt92b6">Onething</span> Cloud's sales continued to rise in 2017. <span id="spanHghlt5564">With</span> the presentation of <span id="spanHghlt0001">Onething</span> Cloud at CES2018, the launch of its <span id="spanHghlt6429">overseas</span> expansion plan may give Xunlei more space for imagination in 2018. <span id="spanHghltc616">Onething</span> Cloud is projected to enter <span id="spanHghlt61d3">the</span>&nbsp;Hong Kong market soon, and then possibly <span class="xn-location">Southeast Asia</span>, <span class="xn-location">Europe</span> and <span class="xn-location">the United States</span>. Some analysts predict that Xunlei's overseas business may become much larger than its domestic business in the future.</p>
   
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