SmartMesh Biweekly Report (2021.08.14–2021.08.27)

Henry Wang, founder and CEO of SmartMesh, was invited by organizer of the China Blockchain Industry Summit, to participate in the “9th China SME Investment and Financing Fair and Financial Exchange Expo” to be held at the Beijing National Convention Center during mid-September 2021. The conference is currently the highest-level blockchain summit in China under the guidance of five ministries and commissions, including the Development and Reform Commission and the Ministry of Industry and Information Technology. Henry will give a keynote speech on “The Past and Present of Value Internet and Web3.0” at the summit.

For the past few months, the scientists, researchers and engineers of SmartMesh and MeshBox have been working on a blockchain IoT white paper. The white paper focuses on design and construction of the HyperMesh IoT architecture, which is closely related to Value Internet and Web3.0. The team is conducting an internal review of the white paper and to be released publicly after completing the review. This white paper will form the foundation with future security details added and submitted to CSA.

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

The specific work is as follows:

1.1 Compiled and tested Photon code to deploy on Raspberry Pi and MeshBox++ for subsequent expansion of scope of Photon application devices.

1.2 Assessed Layer 2 integrated payment solutions and analyzed hybrid payment methods for fiat and crypto currency and super node ecosystem.  Constructed multiple payment scenarios, and intermediary node payment incentive mechanism for subsequent expansion of Photon design optimization.

The specific work is as follows:

  1. Atmosphere interoperability and VISwap preparations.

1.1 Continued to perform VISwap cross-chain notary function optimization tests, built crash recovery CASE test scripts, reproduced scenarios, and provided technical support for subsequent cross-chain applications of Spectrum Chain and Heco Chain.

1.2 Continued to design cross-chain notary page function reconstruction scheme, modified WebDemo page call logic and adjusted private key generation and signature process to provide conversion support for the cross-chain platform.

1.3 Performed cross-chain notary distributed deployment function docking, completed cross-chain notary remote deployment and multi-point deployment program migration and functional testing, and provided security support for VISwap cross-chain applications.

1.4 Paid attention to recent DEX attack incidents, analyzed the causes, solutions and prevention mechanisms of vulnerabilities by analogy, and considered security solutions for subsequent VISwap cross-chain implementation.

The specific work is as follows:

Presented and discussed first draft of Web3.0 functions integrated into NFT and DAO ecosystem project “Tokenship”.

The marketing and business development activities were carried out in a busy but orderly manner, as follows:

  1. Henry Wang, founder and CEO of SmartMesh, was invited by organizer of the China Blockchain Industry Summit, to participate in the “9th China SME Investment and Financing Fair and Financial Exchange Expo” to be held at the Beijing National Convention Center during mid-September 2021. The conference is currently the highest-level blockchain summit in China under the guidance of five ministries and commissions, including the Development and Reform Commission and the Ministry of Industry and Information Technology. Henry will give a keynote speech on “The Past and Present of Value Internet and Web3.0” at the summit.

The 9th China SME Investment and Financing Fair and Financial Exchange Expo will be held at the Beijing National Convention Center from 10th to 12th September 2021. The Investment and Finance Association was founded in 2013, the annual Expo has been successfully hosted for 8 consecutive years under the guidance of the National Development and Reform Commission, the Ministry of Industry and Information Technology, the People’s Bank of China, the China Banking Regulatory Commission (now the China Banking and Insurance Regulatory Commission), the China Banking Regulatory Commission and the China Securities Regulatory Commission.

The 2021 China Blockchain Industry Summit and Blockchain Ecosystem Exhibition will focus solely on the implementation of blockchain technology and explore market opportunities for SMEs. The summit set up six theme forums for deep dive into the six major directions of blockchain technology, including government affairs and corporate services, Web3.0 and Internet of Value, digital finance, privacy computing and distributed storage, NFT and metaverse, dual carbon and green finance.

Conference registration link: https://www.huodongxing.com/event/5610353979100

 

  1. For the past few months, the scientists, researchers and engineers of SmartMesh and MeshBox have been working on a blockchain IoT white paper. The white paper focuses on design and construction of the HyperMesh IoT architecture, which is closely related to Value Internet and Web3.0. The team is conducting an internal review of the white paper and to be released publicly after completing the review. This white paper will form the foundation, with future security details added and submitted to CSA.

 

  1. With the increasing development and maturity of the SmartMesh ecosystem, SmartMesh has been invited by many organizations and institutions around the world to participate in exhibitions and regional solutions:

(1) Singapore Nanyang International Club was entrusted by the organizer to invite SmartMesh to participate in the China-ASEAN Expo Advanced Technology Exhibition hosted by the Ministry of Science and Technology of the People’s Republic of China and the People’s Government of Guangxi Zhuang Autonomous Region in Nanning, Guangxi from 10th  to 13th September;

(2) SmartMesh is invited to participate in the TechInnovation2021 event organized by IPI Singapore, a subsidiary of the Singapore Enterprise Development Board, from 28th to 30th September.

(3) A British communication facility provider has reached out to SmartMesh and MeshBox to explore opportunities to deploy IoT solution and edge devices in the UK urban area.

 

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