TNB opens a new digital track, arising the world’s first “Sport Time Bank”

From a global point of view, the blockchain technology has gone from digital assets to copyright protection, information sharing, product traceability, electronic bills and other fields. Since this year, international financial institutions, internet enterprises and entity industries have increased their scientific research investment and application practice in blockchain technology one after another. The diversified application value is gradually becoming a new process of seeking breakthrough development in various fields. Blockchain services to the real economy will become the fundamental direction.

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For this reason, in seeking high-speed integration of blockchain technology and diversified industries, TNB time value transmission network and Nirvana Sports have formally reached strategic cooperation in response to the technological blockchain innovation and the dream of sport power. The cooperation will take the traditional industrial “fitness” scene as the starting point, create the core competitiveness to serve the real economy, accelerate the further blockchain technology and traditional fitness, and target the digital transformation. Finally, it realizes the efficient combination of online + offline scene and blockchain technology in the field of fitness. The digital road of this fitness scene is in the in-depth dialogue between Xiaowu Ji, a senior adviser to TNB, and the chairman of Nirvana Sports, founder of the Champion VC Foundation. Under the strategic positioning at the national level, we should seek to expand the extension of their respective professional fields, speed up the blockchain technology to enable the real economy, and conduct a strategic and constructive meeting and exchange.

The Digital Road of “Fitness” scene gathering

How can TNB further integrate with the “fitness” scenario as a leader in the blockchain industry?

As we all know, the fitness industry has many brands and complex resources, so how to make the national fitness scene achieve “great unity” and really open the intelligent management? There is no doubt that the decentralized blockchain technology, even taking into account the characteristics of data openness, all those advantages will be able to break the imbalance of information transmission and sports resources, and finally provide a good environment for the growth of the sports, so that the “isolated island” data has a more extensive integration and application space. First of all, Nirvana Sports, as one of the earliest high-end fitness clubs in China, will work with its three major brand stores, Nirvana Fitness, Nirvana Yoga and Nirvana Boutique, as well as the entire fitness club industry to further complete the online and offline integration. To time token as the circulation medium, the traditional time billing mode is used to realize the full coverage payment in online and offline scenes, such as user membership fee, single consumption and so on. Secondly, the blockchain technology is used to promote the data confirmation consumption and promote the fully link and value sharing. Under the blockchain technology, the digital construction comprehensive fitness scene will bring two advantages to users: efficiency improvement and cost reduction. At the same time, the capture and analysis of motion data will be more accurate for the core experience of accurate exercise prescription.

Xiaowu Ji of TNB Senior Advisor: blockchain injects wisdom into the real economy

Xiaowu Ji, the senior advisor of TNB, as the first innovator in the world to come up with the concept of “blockchain time” and quickly land its public chain and business applications, has captured several internet traffic dividends. Currently, internet is an outstanding pioneer in some areas even the entire blockchain industry. Among them, the TNB public chain is called the blockchain project that subverts the traditional time service model. In 2018, Xiaowu Ji put forward the strategic plan to build the world’s first “Individual time Nasdaq” platform, and initially developed the concept into an epoch-making diversified scene ecological chain. TNB uses blockchain technology to explore the innovation of digital real economy model, and has formed a set of commercial application governance system based on “blockchain time”, which can solve the traditional heavy asset attribute and the high operating cost and single profit model, so as to achieve the effective supply and demand connect in the fitness industry, and provide strong support for continuous transformation between new and old energy. Xiaowu Ji said.

Guangming Bian, chairman of Nirvana Sports: the traditional real economy can provide support for the ecological prosperity.

Guangming Bian, chairman of Nirvana Sports and founder of the Champion VC Foundation, has worked with his two major brands, Nirvana Fitness and Nirvana Yoga, to promote the “Wisdom Fitness Strategy”. In addition, VC, the champion co-founded with dozens of Olympic champions such as Aowei Xing and Liping Wang, has chosen investment projects with explosive growth opportunities, focusing on intelligent gymnasium, hardware, fitness training, sports film and television, healthy food and others, and they led the completion of Nirvana fitness, light pigsty fitness, elite forest training, bagel light food and other well-known projects investment and acquisitions. The “Sport Time Bank” belongs to the cooperation between the traditional real economy and the innovation blockchain ecology, and it responds to the relevant policies of using blockchain technology to explore the innovation. It further provides a diversified blockchain service for the effective connecting of supply and demand in the sports and fitness industry, and gives a strong support for promoting the high-quality development of the real economy. Guangming Bian said. As the one of the earliest entity industries to join the “Sports Time Bank”, Nirvana Sports will take the blockchain as the underlying technology to create a benchmark for the whole fitness scene, realizing the time digital management under the fitness venues, trainers and scientific fitness demand side.

It can be predicted that under the strong demand of users for various industries to achieve multi-dimensional coverage, the great step forward of the strategic cooperation between TNB and Nirvana sports is bound to drive the fitness industry market into “new star era”.

TNB Team

Nov. 6

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TNB is token that represents MiaoA International Timechain (M.I.T). That is dedicated to building a precision time-value based transmission network.

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