SmartMesh Biweekly Report (2021.02.27–2021.03.12)

March 26, 2021, 11:24 p.m.

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Mr. Henry Wang, the founder of SmartMesh, was invited to participate in the Global Chinese Investment and Financial Management Salon “Financial Management Talk By Three” series three-“Experts Decrypt the Blockchain Industry” event. He introduced the basic concepts of blockchain, the future of blockchain, blockchain technologies, digital currency market and investment, he also answered relevant questions during the Q&A session. The online event was broadcasted live on Zoom and on the Youtube channel of the “Global Investment and Financial Salon Recording Channel”.  The recording will also be posted on iQiyi’s “TouTouYouDao” channel after editing.

A major Singapore supply chain platform has been in talks with SmartMesh, and is considering to use SmartMesh and MeshBox for their supply chains in Southeast Asia, South America, and Africa. This could be a new phase for SmartMesh deployment and applications.

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

 

 

The specific work of the public chain is as follows:

1. Completed and signed a cooperation agreement with Huobi Mining Pool for Spectrum Public Chain staking node disclaimer agreement.

2. Assisted Huobi Mining Pool to complete the Spectrum staking node deployment.

3. Assisted Huobi Mining Pool to develop support functions such as staking mining nodes monitoring, automatically block and restart.

 

 

The specific work is as follows:

  1. Photon optimization related work.

1.1 Analyzed Layer-2 market-making exchange protocol, with comparative ****ysis of the Swap protocol’s security, scalability, and privacy based on Layer-2 zkRollup technology. Provided technical support for the subsequent expansion of Photon Token Swap.

1.2 Continued to ****yze the SmartMesh ecosystem IoT Photon payment.  Discussed the feasibility of using the light node mode to build a sensor Photon network for data payment between IoT devices, providing a reference for subsequent extension of Photon applications.

 

The specific work is as follows:

  1. Atmosphere interoperability and preparations for JED Trade cooperation projects.

1.1 Researched cross-chain IOT related projects DeFIoT, and conducted feasibility ****ysis of IOT data cross-chain communication to trigger other blockchain smart contracts, in order to generate financial values. Provided plans for the subsequent distributed notaries to improve cross-chain adaptability.

1.2 Cooperated to complete the NFT cross-chain solution platform communication and development process.  Correctly verified the multi-service cross-chain function, and optimized the automatic notaries monitoring process.  Provided support for the subsequent NFT cross-chain expansion.

1.3 Cooperated with JED Trade to organize the IMDA submission report materials.  Summarized and verified the preliminary tests and interface files and provided support for the overall project cross-chain interoperability plans.

 

The specific work is as follows:

1. Adjusted and developed the relevant functions of the MeshBox NFT ecosystem project in Tango, adding transfer and token list display.

2. Assisted the cooperation project party for work such as joint product debugging.

 

The marketing and business activities of the SmartMesh project were intense but carried out in an orderly manner, as follows:

  1. Mr. Henry Wang, the founder of SmartMesh, was invited to participate in the Global Chinese Investment and Financial Management Salon “Financial Management Talk By Three” series three-“Experts Decrypt the Blockchain Industry” event. He introduced the basic concepts of blockchain, the future of blockchain, blockchain technologies, digital currency market and investment, he also answered relevant questions during the Q&A session. The online event was broadcasted live on Zoom and on the Youtube channel of the “Global Investment and Financial Salon Recording Channel”. The recording will also be posted on iQiyi’s “TouTouYouDao” channel after editing.

The Global Chinese Investment and Financial Management Salon has members who are experts in investment and wealth management, including the top Chinese stock traders. The group’s interest in blockchain investment may accelerate the construction of the Internet of Value.

  1. A major Singapore supply chain platform has been in talks with SmartMesh, and is considering to use SmartMesh and MeshBox for their supply chains in Southeast Asia, South America, and Africa. This could be a new phase for SmartMesh deployment and applications.

Take Papua New Guinea as an example. Our supply chain platform partner has established a supply chain system in the country to transport tropical fruits and minerals to many countries such as China. However, due to the limited Internet access in Papua New Guinea, it is difficult to cover most regions with supply chain effectively. The SmartMesh ecosystem deployment will expand the supply chain to areas which currently suffer from poor or non-existent Internet access. At the same time, the SmartMesh DeFi system will also help our partner to offer inclusive finance applications. Asian Development Bank also listed Papua New Guinea as a beneficiary of its Space Ground Integration Network.