Ricky Ng Speaks at the Northwestern University’s Kellogg School of Management ‘China Insider’ Forum
Over the weekend i-House Chairman and founder Ricky Ng took part in Northwestern University’s Kellogg School of Management “China Insider” Forum in Chicago and delivered the keynote speech. He was joined by other Chinese industry leaders, most notably SoftBank’s China Venture Capital joint founder and managing partner Dr. Peter Hua, Homeinn’s Chief Strategy Officer May Wu and the CEO of Guotai Junan Securities’s U.S. subsidiary Fei Yin.
The following are some highlights from Ricky Ng’s speech:
“In the past ten years the internet’s blazing development has been widely applied in a variety of industries and has changed and affected our lives and ways of thinking” said the chairman and founder. “Today, blockchain technology is entering our lives with the same speed and now some countries, industry tycoons and internet companies are pouring in. Applications of new technology have had great results in some industries. i-House is committed to creating a blockchain-driven real estate + financing management platform. This platform is based on blockchain’s technological advantages of transparency, openness and security; it can resolve many issues in traditional industries that get in the way of market development, such as exchange rates, credit and time. Through this, i-House can improve the operation efficiency of the global real estate market.”
“As the world’s first proponent of the ATO idea, i-House was able to quickly implement the combination of ATO with the traditional real estate industry. ATO will become an entirely new commercial model for the post-mining and ICO era. The first ATO project, the Karuizawa Timeshare Resort, utilizes ATO to break apart rights-to-use and lowers the threshold for user participation, where people can enjoy a 6 star luxurious vacation for an incredibly low price. Apart from that, users can attain additional value-added services.”
“i-House is based on the advantages of blockchain technology, and the ATO model for project financing, marketing and service optimization is conducive to upgrading resorts as well as injecting more life into the Japanese tourism market. Apart from this, we will take the experience and advantages gained from the first ATO project and gradually apply them to more ATO projects. This can allow our global partners, industry and the market to benefit from our blockchain technology platform.”
“Currently i-House has team members in Beijing, Shanghai, Hong Kong, Japan, South Korea, the Silicon Valley and Singapore. We pay close attention to talent from any field and at the same time welcome fresh energy to join us, where we can use ten years time to do something of significance and change the world together.”
“The predecessor to the “China Insider” forum, which was put on by Northwestern University’s Kellogg School of Management, was the Kellogg China Insides 2018. This forum has continually received large amounts of support from respectable alumni and industry elite, making it one of the most influential China-US forums in the Midwestern US. The “China Insider” forum strives to focus on Chinese elements in global commercial development and bring about more in-depth analysis and viewpoints to increase all attendees understanding of the socio-economic environment in China and thus, promote conversation and exchange between all levels of society!”
“Through this forum, i-House has been able to increase our exposure in the US market and allow many potential markets and investors to increase their understanding about us. As the leader in the world’s real estate blockchain industry, we will continue to expand our global influence, enter into more real estate project’s development and management, and create a blockchain-driven real estate + financing management platform to serve the billion-dollar market.”