Recapping the TechCrunch China Shenzhen 2018 event

This year we returned to Shenzhen, the Chinese language metropolis identified because the field’s “Silicon Valley for hardware,” for an event that used to be packed fleshy of future-having a seek discussions, innovative startups, skilled founders, VCs and extra.

We like Shenzhen. Particular, Beijing has Zhongguancun and Shanghai has its international and various entrepreneurial crew. However Shenzhen has a sure je ne sais quoi, an energy that pervades your total metropolis. Perchance it’s the enormous weather or presumably its formative years of the standing — both the residents and the age of the metropolis itself — but every time we come to this southern metropolis, we’re amazed by the individuals, initiatives and firms thriving right here.

This year used to be no completely different. From blockchain smartphones to battling robots, from hackathons to VC dash dating, TechCrunch Shenzhen noticed bigger than 5,000 registered attendees and a hundred and fifty startups exhibiting off their stuff. It used to be a whirlwind of enormous tips and a stare into the vogue forward for know-how in China and past.

Listed right here are some highlights from the two-day conference and hackathon — you may perchance perchance maybe presumably test out the TechNode Twitter fable or #tcshenzhen for extra.

Hackathon

Teams of four to six individuals — some had been complete strangers sooner than the hackathon — got right here collectively to make proofs-of-realizing to complete blockchain challenges. Winners integrated groups that got right here up with unique ways to file transactions, verify the historical past of vaccines, prevent price fraud and — most definitely presumably the most abnormal — a hardware controller for CryptoKitties in addition to a Pokémon GO-like sport for the crypto pet platform.

Predominant stage

Spanning two days and covering a huge differ of subjects, the distinguished stage noticed some of China’s leading technologists and businesspeople focus on about where the forefront is, for both shoppers and agencies.

Smartphones and hardware

Huang Wang, CEO at Huami. Image Credit: TechNode/TechCrunch

Huami Company’s Chairman and CEO Wang Huang spoke about the vogue forward for wearable gadgets. Huami, an organization that is backed by Xiaomi, listed on the Unique York Inventory Change in February this year. Remaining year, Huami shipped 18.1 million items of neat wearable gadgets globally, and it claims to grasp a complete registered user negative of Fifty six.1 million.

The as soon as low-profile Chinese language versatile command company Royole grabbed headlines accurate thru the last two weeks by changing into the distinguished company to launch a foldable smartphone, beating Samsung within the draw.

While the smartphone-tablet hybrid stoked indispensable anticipation amongst “flexphone” aficionados, Royole CEO Bill Liu mentioned that right here is appropriate the starting up. For him, the aptitude of versatile command know-how expands far past the field of smartphones.

Speaking about projections for the vogue forward for mobile, Phil Chen, the decentralized chief officer at HTC, spoke about the corporate’s indispensable-hyped blockchain mobile telephone and its provocative focal level to blockchain and crypto.

So, is the blockchain-powered mobile telephone a hype or it’s one thing potentially modern?

Chen mentioned with crypto and blockchain he noticed, for the distinguished time, tech’s doable to disrupt immense centralized firms. Smartphones are presumably the most accessible and ubiquitous gadgets where most of our data is generated, he argued.

Laidian talks about vitality financial institution sharing. Image Credit: TechNode/TechCrunch

The sharing economy is just not any longer demise, it’s appropriate remodeling, mentioned Ren Mu, chief marketing officer at smartphone vitality financial institution sharing company Laidian Skills.

“The obvious loss of life of the sharing economy is de facto the loss of life of the term as a realizing — no longer the enterprise mannequin,” Ren outlined. “Because the tech ecosystem becomes impatient, and treats the sharing economy as appropriate a novel and innovative noun, unswerving implementations are starting up to penetrate our lives.”

What close struggling with robots and hip hop grasp in neatly-liked?

Successfully, it’s no longer a trick question. In step with the CEO of media company The Makers (创客星球), Archie Ru, they’re both arena of interest pursuits with the aptitude to assemble mountainous audiences amongst China’s formative years.

Ru is referring, for sure, to how hip-hop fever swept the nation after streaming platform iQiyi released its shock hit uncover Rap of China final year. The sequence kickstarted previously unknown artists’ careers whereas introducing recent fashions and phrases to Chinese language audiences.

Man made intelligence and immense data

TechCrunch Shenzhen Hearth Chat: AI in Unique Retail. Image Credit: TechNode/TechCrunch

Suning Skills Neighborhood, China’s leading dwelling equipment and digital instrument retail big, will focal level extra on wise applications in exercise circumstances, quite than heavily investing in traditional be taught, mentioned Jack Jing, the corporate’s COO.

“User-pushed firms, and startups too, may perchance perchance maybe quit traditional be taught work to professional tech groups. Efforts saved may perchance be paid to implementations,” Liu outlined, alongside with that it’s China’s various exercise circumstances that support firms to undertake data-supported implementations.

(Image Credit: TechCrunch China)

Amid headlines of the upcoming arrival of self sustaining vehicles (AVs) on China’s roads, Michael Shu, total supervisor of the Auto Intellectual Ecology Institute at Chinese language automotive manufacturer BYD, says the know-how may perchance perchance maybe moreover simply tranquil be considered with a level head.

“We must always always seek at self-using vehicles with a gentle seek,” he told attendees at our Shenzhen event.” Driverless vehicles must become extra extinct, tips and guidelines tranquil must be formulated, and ethical points must be solved.”

Elevated Bay Pickle integration

Hong Kong Cyberport’s chief public mission officer, Toa Charm. (Image credit: Bailey Hu/TechNode)

China’s proposed Elevated Bay Pickle (GBA) — which spans Hong Kong, Macau and 9 cities in southern Guangdong Province — represents a “golden 2nd” for innovation, provided political and regulatory hurdles may perchance perchance maybe moreover simply be overcome, a senior authentic of Hong Kong-govt backed Cyberport mentioned on the event.

Speaking on the sidelines of the uncover, Toa Charm, chief public mission officer for the innovation and digital tech hub, mentioned nearer collaboration is important in deliver to care for the fleshy doable the GBA represents for sectors equivalent to fintech.

Blockchain

For the third event in a row, TechCrunch China hosted a blockchain aspect stage. Overlaying a unfold of subjects that spanned the hot, bearish market to govt application, blockchain security and funds, the aspect stage gave a complete overview of the hot mutter of the trade and know-how.

From left: TechNode editor-in-chief John Artman and panelists Patrick Dai, Jack Liu, and Edith Yeung. Image credit: TechCrunch 中国

“One day in crypto is like a year in any other know-how condo.”

That statement from 500 Startups accomplice Edith Yeung’s statement regarded a becoming evaluation of the mutter of play factual now.

This time final year, Bitcoin’s label used to be shut to $10,000. After the label peaked to nearly $20,000, it — and other cryptocurrencies — grasp considered a rocky hasten south. As of the 2nd day of the uncover, Bitcoin had dropped below $four,500 and space a brand recent low for this year. However panelists at TechCrunch’s blockchain aspect stage remained largely optimistic.

One among the a large assortment of promises of blockchain know-how is that it permits customers to store and replace precious files in a staunch and tamperproof capacity. However how staunch is blockchain essentially?

David Lancashire, founder of Saito, and Sarah Zhang, founder of Facets, mentioned blockchain’s vulnerabilities and prolonged-term security points accurate thru a panel on TechCrunch Shenzhen’s blockchain aspect stage.

From left: TechNode reporter Christopher Udemans, Eximchain CEO Hope Liu, and senior consultant at Fantom Basis Dai-Kyu Kim.

Blockchain is the handiest mechanism on the 2nd available to condo the complications within the provision chain, mentioned senior consultant at Fantom Basis Dai-Kyu Kim. His comments come at a turbulent time for the international supply chain.

Joined by EximChain CEO Hope Liu, Kim used to be a part of a panel discussion at TechCrunch Shenzhen that used to be foused on blockchain’s applications in bettering the international supply chain.

Startup Alley

Startup Alley may perchance perchance maybe be presumably the most stress-free a part of any TechCrunch conference, and the Shenzhen event used to be no completely different. Spread between the 2 phases, startups confirmed off a unfold of products with hints at where know-how is transferring. Highlights integrated:

We tried out #WT2Plus, an actual-time earphone translator that supports 20 languages and seven accents. The instrument does want customers to yell louder and clearly, but the interpretation works gorgeous nicely. Workers Alex Qin and Kazaf Ye claim the instrument can guarantee 95% accuracy. #tcshenzhen pic.twitter.com/RklkwFNjyU

— TechNode (@technodechina) November 20, 2018

VC Meetup

Over 20 completely different VC funds and bigger than a hundred and twenty entrepreneurs met at TechCrunch Shenzhen for “dash dating” classes. Each and each entrepreneur had the likelihood to pitch their immense realizing to one of the handiest VCs in China.

Startup competitors

Drawn from 300 contestants, 20 finalists and a hundred,000 on-line votes, 12 groups took the stage to pitch their startup to our panel of professional judges.

Congrats to the winners, who will likely be shortlisted as candidates for Merck China Accelerator, a program that specializes in collaboration between startups and Merck’s innovation ecosystem.

Large data be conscious: Yunxing Chuangxin

Unique retail be conscious: Beika Keji

Blockchain be conscious: Wanwugongsuan