From Bubble Tea to Mining Crypto; a Chinese Retailers career expansion
Prior to stepping into crypto mining, Urban Tea has employed two executives.
A Chinese retailer from Hunan that sells specialty teas and baked goods is extending its business and entering into crypto mining.
These two new executives are Fengdan Zhou as the new chief operating officer (COO) and Mr. Yunfei Song as an independent director.
Blockchain and bitcoin business plan implementation of the company is Zhou’s responsibility and the other executive, Song, is responsible for giving guidance on the strategy of developing blockchain for the company. Zhou is an expert and he is in fact a scientist whose work focus is on blockchain technology applications and artificial intelligence. Besides, Song has crypto mining and digital asset management experience.
Urban Tea CEO, Mr. Yi long said that they have been considering this move through exploring, studying, and carrying out research into the feasibility of starting a blockchain business. He also believes that blockchain and crypto are the future of the world as he said:
“As blockchain technology and cryptocurrency are gaining widespread popularity they are poised to go mainstream”.
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