SmartMesh Biweekly Report (2021.04.24-2021.05.07)

SmartMesh CEO Henry Wang was invited to participate in the “International NFT Digital Copyright and Asset Summit” on May 12, in which he delivered a speech entitled “The History and the Future of the Internet of Value and Web3.0”. As the one of the founders of the Web3.0 concept and the person who defined the Internet of Value Token Switching, Henry will give a speech on the development of the Internet, with the next phase being the SmartMesh HyperMesh infrastructure, from his personal experience.

 

Henry was invited to visit Hengqin in late May, to meet with officials of the Monetary Authority of Macao and discuss the Guangdong-Macao cross-border financial cooperation.

 

The following is the specific work in the past two weeks:

The specific work is as follows:

  1. Photon optimization related work.

1.1 Continued to design the two-tier (main Spectrum chain and Mesh side-chain) architecture for the SmartMesh IoT ecosystem, analyzing multi-hop routing control and IoT device data transmission process in the dual-chain mode.  Provided reference for the subsequent expansion of the SmartMesh ecosystem application scenarios.

1.2 Continued to jointly debug the Singapore SUSS Photon function demonstration; completed tests for direct channel payment, indirect channel payment and offline payment functions.  Analyzed the reasons for the differences in the mobile nodes’ online status, providing support for subsequent expansion of the ecosystem cooperation with a supply chain company in Singapore.

The specific work is as follows:

  1. Atmosphere interoperability and work related to JED Trade cooperation projects.

1.1 Continued to research the cross-chain DeFIoT of related IoT projects, analyzing the application scenarios for on-chain and off-chain smart home ecosystem.  Preparing to improve the cross-chain adaptability with distributed notary.

1.2 Continued to cooperate with JED Trade to organize the IMDA submission materials, summarized and verified the interaction logic documents between the NFT contract side, web side, and the notary side.  Provided support for writing the overall project cross-chain interoperability document.

The specific work is as follows

 

Product planning based on WEB3.0+DAO, adjusting the structure, and discussed feasibility plans related to ecosystem cooperation projects.

The business and marketing activities of the SmartMesh project were as follows:

 

  1. SmartMesh CEO Henry Wang was invited to participate in the “International NFT Digital Copyright and Asset Summit” on May 12, in which he delivered a speech entitled “The History and the Future of the Internet of Value and Web3.0”. As the one of the founders of the Web3.0 concept and the person who defined the Internet of Value Token Switching, Henry will give a speech on the development of the Internet, with the next phase being the SmartMesh HyperMesh infrastructure, from his personal experience. MeshBox CEO Peter Yan was also invited to give a speech at this summit. Most audiences attending the summit come from the Filecoin ecosystem.

 

  1. Henry was invited to visit Hengqin in late May, to meet with officials from Monetary Authority of Macao to discuss Guangdong-Macao cross-border financial cooperation. The SmartMesh+MeshBox ecosystem is one of the few Internet of Value projects that combine software and hardware with great deployment potential. The Guangdong-Macao cross-border financial cooperation lead departments and organizations inviting Smartmesh showed the vision of Hengqin’s future planners. Also, well-known economists such as Jiaming Zhu will participate in this planning process.

 

  1. A telecommunications company jointly established by the seven Southeast Asian countries thanked the Chairman of the Blockchain Association Singapore Chia Hock Lai for introducing them to the SmartMesh ecosystem. SmartMesh not only brings Internet connectivity to Southeast Asia, but also a new Internet of Value and inclusive finance Hypermesh infrastructure. The two parties will have further exchanges next week.

 

  1. As pandemic is slowing down in Singapore, a new SmartMesh employee has joined the Singapore Blockchain Living Lab. The new employee is currently working in Singapore with R&D personnel from China and the United States to complete the network deployment of the Blockchain Living Lab, testing and demonstrating various SmartMesh ecosystem projects. We are preparing for the upcoming demonstration to global ecosystem partners in order to start technical integration. Another high priority task is to prepare for the test deployment at an Agricultural Bank in the Philippines in June/July. We are also preparing to provide Internet access and payment service applications for a supply chain and finance company.

 

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