 SHANGHAI, March 29, 2021 PRNewswire -- Molecular Data Inc. Molecular Data or the Company Nasdaq: MKD, a leading technology-driven platform in Chinas chemical industry, today announced that following the collaboration with Chinas listed UCloud to further drive digital transformation to upgrade the chemical, medical, and new materials industries, Molecular Data has signed a 3 year IPFS Interplanetary File System customized operational arrangement with an renowned industry partner to gear up its data services. Molecular Data is addressing the inadequacies faced in the various industries including deploying Blockchain solutions accordingly. 