Seven Stars Cloud Group, Inc. provides cloud-based B2B solutions for businesses in the People's Republic of China and internationally. The company through its Blockchain, Artificial Intelligence, Supply Chain & Exchanges technology and Virtual Platform as a Service focuses in the areas of brand, content, and intellectual property cloud; product sales cloud; and transactional finance product cloud. Its technology solution enables buyers and sellers to eliminate supply chain and transactional middlemen, and create a direct and margin-expanding trading path for principals. The company was formerly known as Wecast Network, Inc. and changed its name to Seven Stars Cloud Group, Inc. in July 2017. Seven Stars Cloud Group, Inc. was founded in 2004 and is based in Beijing, the People's Republic of China.
Seven Stars Cloud Announces 27% Purchase of Delaware Board of Trade Holdings, Inc. (DBOT) - DBOT is the first and only blockchain based Alternative Trading System fully licensed by the SEC" data-reactid="11">- DBOT is the first and only blockchain based Alternative Trading System fully licensed by the SEC - SSC's NextGen X + DBOT's established and regulatory approved platform will be the cornerstone for a "plug & play" and blockchain based, Initial Exchange Offering (IEO) Network" data-reactid="12">- SSC's NextGen X + DBOT's established and regulatory approved platform will be the cornerstone for a "plug & play" and blockchain based, Initial Exchange Offering (IEO) Network NEW YORK, Dec. 20, 2017 /PRNewswire/ -- Seven Stars Cloud Group, Inc. (SSC) ("SSC" or the "Company"), announced today a 27% purchase of The Delaware Board of Trade Holdings Inc. ("DBOT"), the first and only blockchain based Alternative Trading System fully licensed by the SEC, for 1,627,869 shares of SSC common stock. The transaction will make SSC the largest shareholder of DBOT and as part of the purchase deal, SSC President and Chief Revenue Officer, Robert G. Benya, will become a DBOT Board Director.
