Wanxiang Blockchain aims to build a vibrant blockchain ecosystem with investment and entrepreneurship empowerment on the one hand, and provide technology and innovative solutions on the other, to promote the continued development and industry applications of blockchain. Wanxiang Blockchain is an ecosystem consisting of Wanxiang Blockchain Labs, Wanxiang Blockchain Business Consulting Service, Wanxiang Chainbase Accelerator, and Wancloud. To date, Wanxiang Blockchain's paid-in investment in blockchain has exceeded 1 billion RMB, through more than 200 world-class projects globally. In foundational blockchain research and development, Wanxiang Blockchain has launched Venachain, a controllable, high-performance consortium blockchain, to offer tailored digital transformation solutions for enterprise-grade clients and developers.