On 10th September, Henry, founder of SmartMesh Foundation, was invited by the organizer of China Blockchain Industry Summit to participate in the “9th China Small and Medium Enterprise Investment and Financing Fair and Exchange Expo” held at the National Convention Center in Beijing, and delivered a speech on “the Past and Present of Value Internet and Web3.0”.
At the same time, Vice President Soh Har participated in the online event of “China-ASEAN Technology Matchmaking Conference” on behalf of the SmartMesh Foundation.
The following is the recent specific work:
The specific work is as follows:
1.1 Assessed the state channel application related to IoT projects; analyzed the main functions of channel, data transaction methods and procedures, channel redundancy mechanism, and the main differentiation with Photon, in preparing for future application of Photon in data payment scenarios.
1.2 Analyzed related Layer 2 expansion plan, including highlights and value proposition, calculation and storage separation design, layer 2 permission management, confidential data management, etc., to provide technical support for the future TokenShip ecosystem framework.
The specific work is as follows:
- Preparation for cross-chain interoperability and distributed communication.
1.1 Continued the design for cross-chain notary’s web-page functional reconstruction scheme. Carried out logic design for secret-protected local storage and splitting the on-chain process for client-side transaction and provided conversion support for the cross-chain platform.
1.2 Analyzed the chain-in-chain architecture and cross-chain protocol functions of relevant IoT projects and inferred the algorithm logic for main and sub-chain functions, cross-chain transaction reconstruction process, privacy protection, etc. to provide reference for HyperMesh ecosystem IoT cross-chain applications.
1.3 Deployed and conducted functional tests for distributed communication service; Completed preliminary verification for interactive functions of cloud server Pub installation, public, private, P2P and other methods, to provide technical support for the Tokenship ecosystem construction.
Conducted comprehensive analysis and research on NFT and DAO related product technologies, in order to provide metaverse product design support in the SmartMesh ecosystem.
Recently, business activities of SmartMesh were carried out in an orderly manner, as follows:
- On 10th September, Henry, founder of SmartMesh Foundation, was invited by the organizer of China Blockchain Industry Summit to participate in the “9th China Small and Medium Enterprise Investment and Financing Fair and Exchange Expo” held at the National Convention Center in Beijing, and delivered a speech on “the Past and Present of Value Internet and Web3.0”.
The first “China Blockchain Industry Summit” in 2021 is guided by five ministries and commissions including the National Development and Reform Commission, sponsored by the China Association of Small and Medium Enterprises, and undertaken by 7 O’Clock Capital. The whole summit is covered by People’s Daily Online with participation from government leaders, well-known academicians domestically and abroad, and leading companies. This is the first highest-level blockchain conference in China and attracted a large audience to the main forum at the National Convention Center, prompting the organizers to restrict admission. The interest indicated the mass following of blockchain technology in China.
The Value Internet and Web3.0 are the general trend for Internet development and the turning point of mankind development. For humans, AI is a double-edged sword, and blockchain is a shield. The metaverse and multiverse born on the Internet of distributed value can benefit mankind, rather than becoming the terminator of mankind!
- At the invitation of the Nanyang International Club of Singapore, Soh Har, vice president of SmartMesh, represented SmartMesh Foundation in the “China-ASEAN Technology Matchmaking Conference” online event. This is 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. With the increasing development and maturity of the SmartMesh ecosystem, more and more organizations and institutions around the world have invited SmartMesh to participate in exhibitions and explore regional opportunities.