Blockchain is a shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network. As a novel technology, blockchain has a broad impact on various business practices. China is leading blockchain technology development all over the world. This paper studies the blockchain technology applications in the retail and insurance sectors in China. Specifically, we compared the similarities and differences of blockchain implementations between two typical cases-Suning and Ping An. Our research results provide meaningful implications and insights for blockchain practitioners who are keen in leveraging blockchain technologies in their businesses.
Along with more and more emphasis on the importance and benefits of entrepreneurship to the society and an increasing number of various programs offered in the university to edify students about entrepreneurship and cultivate the entrepreneurial spirit in the campus, fewer previous researchers are studying about the optimization of the currently allocated resources. This study aims at exploring the importance and other utility of university incubated entrepreneurs as the motivation factor to entrepreneurship intention among university students. With the convenience sampling method of the questionnaire, the study has collected 165 valid response mainly from a university’s students in Hong Kong in this pilot test. The analysis results indicated that there is a relatively strong relationship between the existence of incubated entrepreneurs at the campus and entrepreneurship intention among university students yet the perception of attainment to entrepreneurship cannot moderate such relationship and the desirability of entrepreneurship can partly mediate this relationship. The research result points out the feasibility of promoting the university incubated entrepreneurs as a role model to university students, and the importance of pragmatic resources for designing the entrepreneurial education and programs in the future.
The emergence of blockchain technology has facilitated the digital transformation of many businesses and thereby increased the competitiveness of China in the global market. As a cutting-edge technology, Blockchain has significantly influenced the practices across all business sectors. Focusing on the retail and insurance sectors, this paper analyzes the blockchain technology applications in two companies -Suning and PingAn. Success factors in blockchain implementation were discussed by using TOE framework. Similarities and differences in the implementation and development processes are compared. Features from the two corresponding industries -retail and insurance are also summarized. The major results revealed that retail and insurance industries are two of the most important application sectors of blockchain technology, and Suning and PingAn are both pioneers in blockchain technology development and implementation in their specific sectors. However, there are still distances between Chinese blockchain providers and world leading providers of blockchain, even though China has the largest number of blockchain patents in the world. The research results provide meaningful insights and practical implications to the blockchain application fields.
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