Back

Yunfeng Financial Appoints Ex-Ant Group Executive Jiang Guofei to Lead Web3 Committee

According to Yunfeng Financial, Jiang Guofei’s leadership will strengthen its Web3 initiatives, working alongside HashKey’s Xiao Feng and Fosun’s Liang Xinjun to expand blockchain-focused strategies.

Summary

Yunfeng Financial Group, backed by Jack Ma, officially announced the appointment of former Ant Group executive Jiang Guofei as chairman of its Web3 Development Committee. Jiang, a key figure in Ant’s blockchain innovation and creator of the Trusple smart contract platform for cross-border trade, later served as chief scientist at China Electronics. Yunfeng highlighted that Jiang is one of three cornerstone members of its Web3 talent network, alongside HashKey Group CEO Xiao Feng and Fosun International co-founder Liang Xinjun, who both serve as independent non-executive directors.

Terms & Concepts
  • Web3: The next generation of the internet built on blockchain technology, emphasizing decentralization, user ownership, and token-based economies.
  • Blockchain: A decentralized and immutable digital ledger used to record transactions across multiple computers securely.
  • Smart Contract: A self-executing contract with the terms directly written into code, enabling automated and trustless transactions.