InterValue Signs A Long-term Strategic Partnership Agreement With Beijing's First “Blockchain Restaurant”


On September 28, 2018, InterValue signed a strategic partnership agreement with Xiangjian Huiwei - Beijing's first “blockchain restaurant” - to cooperate on the development of blockchain technology in the field of catering.

The restaurant is located at the heart of Beijing’s Haidian district and has a total surface of 675 square meters. As the first blockchain restaurant in the world, “Xiangjian Huiwei” accepts not only Chinese Yuan, but also cryptocurrency payments from its customers, which attracts a lot of attention. It might be setting off a new consumption trend within the catering industry.

InterValue will provide technical support to develop and design the official application of the restaurant. This includes the exploration of blockchain solutions and their applications into concrete use cases. Both sides can use the complementary advantages of technology and applications polish their products and gradually explore the practical applications of blockchain technology in the catering industry. In the early stage, most of the efforts will be focused on the payment solutions, on-chain data, restaurant-related business process traceability, etc. 


This cooperation will also open a new era for InterValue’s application ecosystem. InterValue showed its desire to cooperate with more and more companies in the catering industries in order to actively promote innovation and blockchain technology as part of the new digital economy. Blockchain technology will likely become more connected to the real economy and drive new economic development trends in the future.



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