Core Insights - Weid Chain, a blockchain and cryptocurrency solutions provider, has secured $10 million in Pre-A funding from investors including Jiu Xin Capital, Greenoaks Capital, Buleb Capital, and Benchmark Capital [1] - The company focuses on integrating blockchain and cryptocurrency solutions for governments and enterprises, targeting the digital upgrade needs of emerging markets and the trust transformation demands of the retail sector [1] Group 1: Technology and Solutions - Weid Chain's core capabilities include providing trusted mapping for government services and enterprise collaboration, which is essential for electronic management of citizen identities and secure sharing of social security and household registration information [3] - The company simplifies KYC processes and reduces collaboration risks through on-chain verification of employee identities and enterprise qualifications, ensuring data privacy while meeting cross-institutional collaboration needs [3] - Weid Chain's cross-chain interaction capability is crucial for connecting retail sector L1 blockchains, addressing the core demand for data and value flow across different blockchain networks [3] Group 2: Market Positioning and Compliance - The company's compliance adaptation capability is a key barrier to entry in government and enterprise markets, as regulatory policies for cryptocurrencies and blockchain applications are still evolving globally, particularly in emerging markets [4] - Weid Chain's solutions are designed with compliance in mind, dynamically configuring encryption algorithms and establishing controllable value circulation mechanisms to meet payment settlement needs while adhering to various regulatory requirements [4] - The emphasis on "connectivity" rather than building a single ecosystem, along with a deep adaptation to government and enterprise needs, provides Weid Chain with a unique advantage in the "last mile" of blockchain applications [4]