Hyperchain Technology

What Hyperchain Technology does

Hyperchain Technology (趣链科技) is a Hangzhou-headquartered, privately held Chinese enterprise blockchain infrastructure provider founded in 2016 by a Zhejiang University research team. The company operates a 'blockchain + privacy computing' dual-wheel strategy, building the Hyperchain consortium blockchain platform as its foundational technology. The proprietary stack includes the RBFT (Robust Byzantine Fault Tolerant) consensus algorithm supporting 10,000+ TPS with 300ms block times, the HyperVM smart contract engine (supporting Solidity and Java), and integrated privacy-preserving computation mechanisms. The IP portfolio includes 148+ patent applications, 50+ software copyrights, and leadership of the national BaaS standard GB/T 47677.1-2026 and the international ITU-T F.751.5 standard.

The company generates revenue through three streams: enterprise platform licensing and Blockchain-as-a-Service (BaaS), customized vertical solutions with implementation services, and standardized SaaS products (including the FlyLo supply chain finance, electronic evidence, and BaaS platforms). Pricing is not publicly disclosed but enterprise contracts are multi-year and quoted per deployment; developer access is freemium. Hyperchain serves a concentrated base of large Chinese financial institutions (China Construction Bank, Agricultural Bank of China, China Everbright Bank, Zheshang Bank, China UnionPay, Shanghai Stock Exchange), central government ministries (MIIT, Cyberspace Administration), provincial and municipal governments (Hangzhou, Wenzhou, Xiong'an New Area), state-owned enterprises (State Grid, China Telecom, China Mobile Online), and a broader ecosystem of ~100 financial institutions and 491+ housing fund centers. Go-to-market combines direct enterprise field sales for large customized deployments with self-service developer/SMB channels through the FlyLo platform.

Product portfolio has expanded from core blockchain infrastructure into adjacent infrastructure layers: BitXMesh (decentralized data collaboration), BitXHub (cross-chain interoperability), Trusted Data Space and Data Circulation Utilization Infrastructure (national data-element strategy products), and as of 2026 into AI training data infrastructure via the AI High-Quality Dataset Public Service Platform. Recognitions include unicorn status, national high-tech enterprise, national 'Little Giant' enterprise, MIIT evaluation first place (passing all 52 functional tests), WIPO 2024 Global Award Top 25, IDC 2025 representative vendor, and participation in 200+ standards including 100+ international ones. Funding to date includes a 2016 Pre-A round of 17.5M RMB and a 2018 mega-round of approximately $234M led by China SDIC Gaoxin and Xinhu Zhongbao, followed by a $15.4M round in 2021 led by E Fund Management.

Name

Hyperchain Technology

Legal name

杭州趣链科技有限公司 (Hangzhou Hyperchain Technology Co., Ltd.)

Website

https://hyperchain.cn

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

251–500 employees

Short description

Hyperchain Technology is a Hangzhou-based Chinese enterprise blockchain infrastructure provider founded in 2016 that builds a self-developed consortium blockchain platform (RBFT consensus, 10,000+ TPS) combined with privacy computing. It serves Chinese state-owned banks, securities exchanges, central ministries, and provincial governments with BaaS, trusted data spaces, and AI data infrastructure.

Ownership category

akta.pro rank

Product category

Enterprise Blockchain Infrastructure

NAICS

Software Publishers (5132), Computer Systems Design and Related Services (54151), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Finance Services (6199)

akta.pro primary industry

Permissioned Blockchain Platforms & Frameworks (Hyperledger, Corda, Quorum) (FSAPAIAA)

akta.pro secondary industries

Consortium Networks & Governance (network setup, onboarding, rules, node operations) (FSAPAIAB), Interoperability & Integration Middleware (ERP/core banking connectors, messaging, APIs, cross-chain to permissioned) (FSAPAIAL), Trade Finance & Supply Chain Tokenization (invoices, bills of lading, provenance) (FSAPAIAK)

Keywords

• Blockchain infrastructure
• Consortium blockchain platform
• Blockchain-as-a-service
• Data circulation services
• Privacy computing platform

Headquarters

HQ city

Hangzhou

HQ country

China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Blockchain Platform Licensing and BaaS Services: Providing enterprise-grade blockchain platform licensing and Blockchain-as-a-Service to financial institutions, government agencies, and enterprise clients. Services include platform deployment, customization, and ongoing technical support.
2. Customized Solutions and Implementation Services: Tailored blockchain solutions for specific industry verticals including digital finance, smart cities, digital energy, digital healthcare, and intelligent manufacturing. Includes consulting, implementation, and training services.
3. SaaS Products and Standardized Platforms: Standardized SaaS offerings including developer platform, supply chain finance platform, and legal evidence platform available for self-service deployment and use.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Hyperchain Technology builds and licenses an enterprise-grade consortium blockchain platform (Hyperchain) with proprietary RBFT consensus and HyperVM smart contract engine, complemented by a BaaS suite (FlyLo), decentralized data collaboration (BitXMesh), cross-chain interoperability (BitXHub), and a Trusted Data Space infrastructure integrating privacy computing. The company sells these primarily to financial institutions, government agencies, and large enterprises across China through customized deployments, private licensing, and standardized SaaS offerings.

Product overview

Hyperchain Technology operates as an international leading trusted data infrastructure and operational service provider, offering a comprehensive product portfolio centered on 'blockchain + privacy computing' dual-wheel drive strategy. The core offerings include: (1) Hyperchain - the enterprise-grade blockchain platform serving as the foundational infrastructure; (2) Trusted Data Space - an innovative data infrastructure built on blockchain and privacy-preserving technologies for data rights confirmation and circulation; (3) AI High-Quality Dataset Public Service Platform - supporting dataset production and circulation for AI applications; (4) FlyLo suite - comprising FlyLo BaaS (blockchain cloud platform), FlyLo Supply Chain (supply chain finance), and FlyLo Stamp (judicial evidence preservation); (5) BitXMesh (federated computing) and BitXHub (cross-chain framework) for advanced data collaboration; (6) Industry-specific solutions including Medical Digital Insurance, Energy Storage Planning, Digital Government Services, and cross-sector applications in smart cities, digital finance, digital healthcare, and digital energy. The product ecosystem is interconnected through shared blockchain infrastructure, enabling data circulation and value exchange across government, finance, energy, healthcare, and manufacturing sectors.

Differentiator

Problem solved

Functional benefit

Brands

• BitXMesh: Decentralized data storage platform enabling secure and private data sharing across organizations using blockchain technology.
• BitXHub
• Feiluo (飞洛)
• Feiluo Yin (飞洛印)

Products and services

• Hyperchain (Core Blockchain Platform) Enterprise-grade consortium blockchain platform with proprietary RBFT consensus algorithm and HyperVM smart contract engine, supporting 10,000+ TPS with 300ms block generation time and multi-level encryption. Sold to financial institutions, government agencies, and large enterprises as foundational distributed ledger infrastructure.
• FlyLo BaaS (飞洛 Blockchain-as-a-Service) One-stop online BaaS platform combining Hyperchain with cloud services that abstracts underlying blockchain details and enables users to focus on application development. Sold to enterprises and developers as a self-serve or managed service.
• FlyLo Supply Chain (飞洛供应链) Standardized blockchain-based supply chain financial platform covering accounts receivable, asset securitization, credit insurance, digital warehouse receipts, logistics supply chain, and green energy scenarios. Sold to banks, core enterprises, and supply chain participants.
• FlyLo Stamp (飞洛印) One-stop blockchain electronic evidence preservation and certification platform with multi-business mode, multi-scenario coverage, low-cost access, high storage security, and strong judicial guarantees. Sold to enterprises, legal professionals, and judicial users needing tamper-evident records.
• BitXMesh Trusted Data Mesh Decentralized data collaboration network combining blockchain, decentralized storage, and federated computation for large-scale trusted data storage, secure sharing, and controllable transactions. Sold to enterprises and government agencies requiring multi-party data collaboration.
• BitXHub Cross-Chain Collaboration Platform Open-source cross-chain framework using a relay mechanism with relay chain, cross-chain gateway, and application chain components enabling heterogeneous asset, data, and service cross-chain calls. Sold as infrastructure to enterprises building multi-blockchain solutions.
• Trusted Data Space (可信数据空间) Data infrastructure centered on data factors that integrates blockchain and privacy-preserving technologies for data rights confirmation, authorization, and privacy protection. Sold to governments and enterprises for cross-organization data circulation and trusted data space construction.
• Data Circulation Utilization Infrastructure (数据流通利用基础设施) Open-network platform connecting massive data entities through privacy computing, blockchain, data usage control, and data security to achieve low-threshold data element access and large-scale efficient circulation. Provides unified catalog identification, identity registration, interface requirements, order management, and delivery management. Sold to government agencies and enterprises managing multi-party data exchange.
• AI High-Quality Dataset Public Service Platform (AI高质量数据集公共服务平台) Dataset production and circulation service platform built on regional functional nodes and trusted data space capabilities. Covers the full lifecycle from resource integration and quality inspection to supply services, supporting structured data, text, images, video, and multi-modal datasets for AI applications. Sold to AI developers, enterprises, and government agencies building AI training pipelines.
• Medical Digital Insurance (医数智保) and Fast Claims Service Comprehensive insurance service platform covering the full lifecycle of commercial insurance including underwriting, risk control, claims, and health management. Enables medical data to serve insurance business innovation under legal compliance and secure control premises. Sold to insurance companies and healthcare providers.
• Underwriting Risk Monitoring Platform (承保风险监控平台) Platform addressing information asymmetry and moral hazard in health disclosure; uses multi-party secure computation and federated learning to compare encrypted health data with insurance institution needs for precise underwriting evaluation and fraud detection. Sold to insurance companies.
• Energy Storage Business Planning Cloud Service Platform (储能商业规划云服务平台) Professional platform for industrial and commercial energy storage project planning that integrates user-side time-sharing load data and energy storage benefit models to automatically output multiple construction capacity and revenue analysis plans. Sold to energy storage developers and industrial energy users.
• Government Investment Project Supervision Platform (政府投资项目监管平台) Platform that addresses multi-subject, long-cycle, complex government project supervision needs, enabling efficient fund disbursement and deep-penetrating supervision mechanisms that unify information flow and capital flow for full-lifecycle project oversight. Sold to government agencies managing public investment projects.
• Urban Government Blockchain Service (城市链服务) City-level blockchain infrastructure providing smart contracts, digital identity, data sharing, and privacy computing to help smart cities upgrade to trusted smart cities. Sold to municipal governments and smart city program administrators.
• Digital Identity Service (数字身份服务) Digital identity platform that helps citizens and enterprises aggregate their own data and acts as a trusted third party for data hosting, vouching for data source, destination, and reliability. Sold to government agencies and enterprises managing identity and personal data records.
• Public Security Prosecution Judge Alliance Chain (公检法司联盟链) Blockchain alliance chain connecting public security, prosecution, court, and judicial agencies, breaking information silos between institutions through blockchain plus data sharing for real-time trusted data sharing. Sold to judicial and law enforcement agencies.

Quantifiable outcome

• Insurance claim processing reduced from 3 days to a few hours; underwriting verification reduced from 2.19 days to 0.5 hours; data accuracy reached 90%+
• +3 more outcomes

Named customers12 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability11 records

Feature5 records

Partnerships

18 partnerships are on record, tiered core and major.

• China Electronics Technology Standardization Research Institute (中国电子技术标准化研究院)coreStrategic or Co-development Partner · 16 June 2026Jointly developed national BaaS standard GB/T 47677.1-2026 with 13 other institutions including Zhejiang University, Northwest Polytechnic University, and major industrial entities.
• China Mobile Online (中移在线)majorStrategic or Co-development Partner · 10 March 2020Won blockchain platform construction and application empowerment project to build blockchain management platform, security service platform, and blockchain cluster for China Mobile.
• China Construction Bank (中国建设银行)coreStrategic or Co-development Partner · 24 February 2020Supported construction of blockchain BaaS platform for CCB. Collaborated on public housing fund data sharing platform covering 491 cities, charity management, housing rental, and carbon credit projects.
• China Telecom (中国电信)majorStrategic or Co-development Partner · 10 January 2020Won all 6 blockchain-related tenders in China Telecom Shanghai DICT ecosystem recruitment, covering blockchain+financial services, government services, industry, and education.
• Haier Cloud裳物联 (海尔云裳物联)majorStrategic or Co-development Partner · 24 December 2019Joint venture to launch '物链1号' (Wulian No.1) - world's first blockchain IoT communication control module combining blockchain and IoT technology.
• Zhejiang Blockchain Technology Research Institute (浙江省区块链技术研究院)coreStrategic or Co-development Partner · 1 November 2019Joint establishment with Zhejiang Provincial Internet Information Office and Zhejiang University - first blockchain research institute jointly established by government, university, and enterprise in Zhejiang province.
• State Grid Corporation of China (国家电网)majorStrategic or Co-development Partner · 18 October 2019Won 'Power Blockchain Technology Application Mode Research' project for ubiquitous power IoT ecosystem, achieving breakthrough in blockchain technology applications in energy sector.
• Hangzhou Internet Notary (杭州互联网公证处)majorStrategic or Co-development Partner · 15 July 2019Jointly developed blockchain lottery platform for transparent and fair lottery services, combining technical trust with legal trust for 'double-trust integration'.
• Microsoft AcceleratormajorTechnology or Integration · 11 August 2017Selected as only blockchain company in Microsoft Accelerator Beijing Batch 10. Hyperchain platform to be hosted on Microsoft Azure marketplace.
• China Everbright Bank (中国光大银行)majorStrategic or Co-development Partner · 1 June 2017Jointly built BaaS platform for China Everbright Bank, providing blockchain infrastructure for rapid deployment and operational monitoring.
• Wanda Network Technology Group (万达网络科技集团)majorStrategic or Co-development Partner · 31 May 2017Strategic cooperation agreement signed to build financial-grade blockchain BaaS cloud platform. Wanda integrates Hyperchain technology to create blockchain BaaS service platform alongside Hyperledger Fabric, Iroha, and R3 Corda frameworks.
• Shanghai Stock Exchange (上海证券交易所)coreStrategic or Co-development Partner · 1 April 2017Joint research on high-performance consortium blockchain technology for decentralized mainboard securities trading validation. First collaboration between domestic stock exchange and blockchain technology company.
• China UnionPay (中国银联)majorStrategic or Co-development Partner · 1 April 2017Jointly developed multi-center POS electronic receipt system, creating first cross-regional cross-network consortium blockchain application with China Everbright Bank.
• China Agricultural Bank (中国农业银行)coreStrategic or Co-development Partner · 1 April 2017Launched blockchain-based agricultural e-commerce supply chain finance system with E-Chain Loan product. Also collaborated on cross-regional pension management blockchain system.
• Shanghai Data Trading Center (上海数据交易中心)majorStrategic or Co-development Partner · 1 April 2017Joint development of data trading clearing prototype system using blockchain for data trading platform applications.
• HyperledgercoreTechnology or Integration · 30 March 2017Joined Hyperledger project as General Member and Linux Foundation as Silver Member. Contributed to Hyperledger Fabric development, ranking among top domestic contributors.
• Zheshang Bank (浙商银行)coreStrategic or Co-development Partner · 3 January 2017Deep collaboration on blockchain-based financial applications. Launched China's first mobile digital bank draft platform and enterprise accounts receivable chain platform with nearly 200 billion RMB in transactions.
• Zhejiang University (浙江大学)coreStrategic or Co-development Partner · 31 August 2016Strategic partnership with Zhejiang University for talent development and research. Core team members are graduates from Zhejiang University Computer Science. Collaborated on blockchain textbook preparation for university courses. Joint research on blockchain technology applications.

Scale indicators11 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Ant Group (AntChain): Ant Group operates AntChain, a leading enterprise-grade consortium blockchain platform in China serving financial institutions and government clients. AntChain competes directly with Hyperchain in supply chain finance, cross-border trade, and government data sharing deployments, with the advantage of Ant Group's embedded payment and financial user base.
• Tencent / WeBank (FISCO BCOS): FISCO BCOS is an open-source consortium blockchain platform led by WeBank (backed by Tencent) that serves Chinese financial institutions and government agencies with similar use cases including supply chain finance, asset securitization, and judicial evidence preservation. It competes head-to-head with Hyperchain across most of its primary verticals and benefits from Tencent's distribution and cloud ecosystem.
• Huawei (Blockchain Service BCS): Huawei Blockchain Service (BCS) is an enterprise blockchain cloud platform offering consortium chain capabilities for financial, government, and supply chain applications. Huawei competes with Hyperchain across enterprise blockchain deployments and brings integrated cloud, telecom, and hardware infrastructure that can undercut on bundled pricing.
• JD.com (JD Chain / JD Blockchain): JD Chain is JD.com's enterprise consortium blockchain platform used for supply chain traceability, asset digitization, and financial services. JD's e-commerce scale and logistics data give it a comparable reference-customer base to Hyperchain, with strong overlap in supply chain finance use cases.
• Wanxiang Blockchain: Wanxiang Blockchain is one of China's earliest and largest dedicated enterprise blockchain companies, offering the PlatONE consortium chain and serving automotive, supply chain, and government applications. It is a direct competitor to Hyperchain in the Chinese enterprise blockchain market with similar government and industrial customer profiles.
• Onchain (Ontology): Onchain operates Ontology, a high-throughput public/enterprise hybrid blockchain infrastructure used for identity, data, and decentralized finance applications. While more public-chain oriented, Ontology competes with Hyperchain in cross-chain interoperability and consortium deployments serving Chinese enterprises.
• Baidu (XuperChain): XuperChain is Baidu's self-developed enterprise blockchain operating system serving financial services, copyright protection, and government applications in China. As a major Chinese tech company's blockchain offering, it competes with Hyperchain in scaled government and enterprise consortium deployments.

Broad incumbents

• R3 (Corda): R3 operates Corda, a major enterprise distributed ledger platform focused on financial services with a global consortium of banks and regulated institutions. Corda is a broader incumbent in the enterprise blockchain space, with comparable consortium governance and financial services focus, though it operates primarily outside China.
• IBM Blockchain: IBM Blockchain offers enterprise blockchain solutions including Hyperledger Fabric-based deployments serving financial services, supply chain, and government clients globally. As a broad incumbent with deep enterprise relationships outside China, IBM is comparable to Hyperchain in capability and target use cases, though with significantly greater geographic reach and brand recognition.

Emerging players

• Conflux Network: Conflux Network is a Chinese-founded public blockchain with regulatory-approved status that also offers permissioned-style consortium infrastructure for enterprise and government use. It overlaps with Hyperchain in serving Chinese enterprise and government clients but is at an earlier commercialization stage with narrower financial institution footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/hyperchaintech

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds4 records

Investors8 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hyperchain Technology