EMPOWERING GLOBAL SHARING ECONOMY WITH BLOCKCHAIN TECHNOLOGY
Sharing Economy International Inc. (Nasdaq: SEII) (formerly known as Cleantech Solutions International, Inc. (“CLNT”)), through its affiliated companies, designs, manufactures and distributes a line of proprietary high and low temperature dyeing and finishing machinery to the textile industry.
With the name change the company is also now transitioning into the new sharing economy business. The company aims to do this through strategic acquisitions of businesses in the sharing economy as well as in the blockchain and cryptocurrency.
The company will utilize blockchain technology to integrate all the various sharing platforms it has acquired to build a truly global sharing ecosystem in a distributed, efficient and secured operating environment. The company’s vision is to create a reliable, user-friendly and secured ecosystem so that autonomous applications will allow users to efficiently share both public and private resources along with goods and services. The goal is to apply advanced technological concepts from blockchain technology, such as distributed ledger and smart contracts, together with other advanced technologies, such as image recognition and matching, mobile payment solutions, and artificial intelligence analytics to develop a ‘Sharing Blocks’ platform.
‘Sharing Blocks’ will allow sharing economy applications to share, communicate and collaborate with each other within the ecosystem in a distributed, efficient and secured globally linked operating environment. This will help sharing economy providers to focus on their investments in sharing business models without worrying about technological problems and, at the same time, make sharing simpler and easier. With all of these new technological advancements, the company aims to develop a fully autonomous sharing ecosystem.