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Sunny Lu

Sunny Lu

ChinaChina
Birthdate
‘80 / 42 Y.O.
Years Present
2013 - now
Net worth
300,00 M $

VeChain was based in 2015 via Sunny Lu, the former leader information officer (CIO) of Louis Vuitton China. It began as a subsidiary of Bitse, one of China’s giant blockchain corporations, and is one of the various few blockchains that already have an excellent customer base among established organizations.

VeChain founder Sunny Lu graduated from Shanghai Jiao Tong University in China in 2002 with a BA in Electronics and Communication Engineering.

Quickly after graduating, he took a job with Netstar, a data, technology, and services agency.

Netstar’s project is to “release new fees and possibilities, from productivity efficiencies, technical innovation, and value savings, for customers.”

It supplied a first-hand look at the significance of information tracking, focusing on the automotive enterprise. Netstar pioneered the stolen car recovery industry and vehicle monitoring in South Africa in 1994. It doesn’t appear to be a coincidence that VeChain is working to increase vehicle blockchain tracking answers. Moreover, they have partnered with a few large automobile companies, including Renault and BMW.

After operating at Netstar for three years, Lu took a role at 3M China, running as an IT Infrastructure manager. Mr. Lu was at 3M China for almost three and a half years before taking a function at Bacardi China. At Bacardi, he worked as an IT manager for a year before shifting to work for Louis Vuitton China in 2010.

In a recent interview, Lu mentioned his revel in with Louis Vuitton China. He defined more of what he did as the leader data Officer for LV China and talked about how eye-opening the job was.

“I’m doing things, discovering new technology, or considering what business can benefit from the technology.”

Being the CIO of LV China allowed Lu to recognize organization needs and think about colossal scale technology solutions for present-day company pain factors. Truly put, this experience taught Lu what troubles wanted to be solved and “how to speak to the specific enterprises.”

At a yearly tech seminar for Louis Vuitton in early 2013, Mr. Lu found out about blockchain technology. In the same year that he discovered the technology, he co-based an agency known as BitSE. However, in the beginning, the “cash cow” of BitSE turned into Bitcoin mining.

So not only was Mr. Lu, an early cryptocurrency adopter, he was chargeable for one of the globe’s most significant mining operations. At some point in that time, BitSE operated out of the “Sichuan province where electricity was cheap.” It wasn’t until 2015 that VeChain was formally based. Additionally, it wasn’t until 2015 that Mr. Lu stepped down as CIO of LV China to pursue operating as a VeChain founder and CEO for the entire time.

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