Foxconn

Basics

• Taipei, Taiwan

• From Forbes Blockchain 50 (Apr 16, 2019):

"The giant Chinese manufacturer has pilot projects under way that use blockchain to streamline supply chain transactions and provide working capital to suppliers. Separately, it is developing a blockchain-enabled smartphone that would make it easier for consumers to spend digital coins. Full profile"

• From Forbes Blockchain 50 (19-2-2020):

"The iPhone maker’s trade-finance venture, Chained Finance, pays more than 20 electronics suppliers using digital coins minted on the Ethereum blockchain. The result: Financing costs have plummeted from annual percentage rates as high as 24% to 10%, and the time needed to get funding has been cut from seven days to same day."

Tech

• Using (19-2-2020): Ethereum

Team, investors, Partnerships, etc.

Team

• Key Executive: Key leader: Jack Lee, founding managing partner of venture arm HCM Capital. Update (19-2-2020): acting CEO, Chained Finance