SmartMesh has signed an NDA with an ASEAN service provider, currently having business discussion with a government agency involving a POC that covers several test sites and multi-kilometers of directional satellites, optical fibers, and cellular network.
Professor David Lee, SmartMesh Foundation shareholder and director, gave a speech on “Five Major Trends You Need to Know to Position Yourself in the FinTech Industry” in a webinar at the CFtP information conference. SmartMesh and MeshBox were highlighted as one of the most important underlying infrastructure projects for inclusive finance.
The specific work in the past two weeks is as follows:
The specific work is as follows:
- Photon enhancement related work.
1.1 Continued to design the two-layer architecture for SmartMesh IoT ecosystem, analyzing payment applications and Photon data transmission processes for IoT devices in the dual-chain model. Such work provides references for subsequent expansion of SmartMesh ecosystem application scenarios.
1.2 Cooperated with SUSS for Photon function demonstration in Singapore; completed the regular channel payment function, off-chain direct channel payment function; off-chain indirect channel payment function, and offline payment function demonstration. Provided support for the subsequent expansion of ecosystem cooperation with Singapore supply chain companies.
1.3 Paid attention to Layer 2 DAO related protocols; determined the new definition of Layer 2 DAO and issues addressed. Provided reference for subsequent optimization of Photon applications.
- Atmosphere interoperability and preparations for JEDTtrade cooperation project.
1.1. In preparation for the distributed notary feature and improved cross-chain adaptability. Expanded research on cross-chain capability and DEFIoT related projects. Analyzed cross-chain governance and feedback process of the smart contracts triggered by IoT sensor device data, on-chain and off-chain.
1.2 Continued collaboration with JEDTrade to compile the submission materials to IMDA, summarized and validated demo process documentation for NFT contract node, page node, and notary business logic. The project lays the foundation for a successful implementation of the Atmosphere cross-chain interoperability architecture.
1.3 Assisted in completing the NFT Future Trend Summit presentation, enhancing the HyperMesh infrastructure, DNET NFT Swap platform, and other functional descriptions. Provided technical support for the project to increase its influence.
Worked on ecosystem projects and data integration, to streamline product development and quality control. The functional specification has been completed, which allows for development in the near future.
The business development and marketing activities were intense but carried out in an orderly manner, as follows:
- Founder of SmartMesh Foundation, Mr. Henry Wang will visit Macau and Hengqin this weekend. During the visit, Henry will introduce how the blockchain ecosystem, created by combining software and hardware offering from SmartMesh and MeshBox, can contribute to the construction of the Value Internet, assist Hengqin and Macau in cross-border finance, promote globalization of CNY and potentially becoming a platform for China’s Belt-and-Road Initiative.
Professor Zhu Jiaming, a famous scientist and named one of “the Quad of Reform (改革四君子)”, and Meng Yan, Token economy advocate will attend this event. Hengqin Financial Services Bureau will discuss with Henry about implementation of blockchain in the Guangdong-Macao Cross-border Financial Cooperation (Zhuhai) Demonstration Zone.
- SmartMesh has signed an NDA with an ASEAN service provider, currently having business discussion with a government agency involving a POC that covers several test sites and multi-kilometers of directional satellites, optical fibers, and cellular network.
- Professor David Lee, SmartMesh Foundation shareholder and director, gave a speech on “Five Major Trends You Need to Know to Position Yourself in the FinTech Industry” in a webinar at the CFtP information conference. SmartMesh and MeshBox were highlighted as one of the most important underlying infrastructure projects for inclusive finance.
SmartMesh and MeshBox Foundation sponsored SMT and MESH tokens for the interactive part of the seminar.
