Weekly Progress Report: July, 22nd — 28th

5 min readJul 29, 2019

Big News

everiToken payment solution adopted by Ruida Commercial Area in Xinjiang Province，China

Recently, everiToken core team arrived in Ruida business district in Xinjiang to understand the true situation of the adoption of everiToken payment solution. Both customers and Merchants are satisfied with the payment solutions provided by everiToken and hope that they can be promoted to various aspects of their daily life in the future, greatly facilitating their own lives.

everiToken China Tour — Wenzhou Station

On July 25th, everiToken China Tour Wenzhou Station held successfully, thanks to the Xingzao financial support for this event. As a city of innovation, Wenzhou has gathered many excellent manufacturing and Internet companies, and will certainly lead the trend of blockchain.

everiToken market director Hugo started from everiToken technology innovation and introduced everiToken advantages over other smart contract platforms. In the face of business applications, everiToken delved into the right application direction and explained how to quickly empower enterprises through standardized products. At present, there are more than a dozen applications online, mainly introduced the cooperation between Zhiyuanhui, the voluntary platform, and how to empower the public welfare industry.

everiToken ecological project Dongxi Cabinet also arrived at the site to explain to participants the application of the blockchain on the e-commerce platform. The Dongxi Cabinet adopts everiToken platform, adding blockchain Token related operation. As a result of this, the number of new users continued to increase, which is considered a mature blockchain application case. At the scene, the head of Dongxi Cabinet s also announced new gameplay.

At the panel, many guests discussed how the blockchain can empower traditional enterprises and Internet companies. Among them, Brady mentioned: “It is not a problem to blockchain application. The pain point and useful tools can greatly reduce the threshold for ordinary users. everiToken is born for this”

Japan Monthly Meetup

After the European Monthly Meetup, the activities in Japan by our community members will also be launched. On August 9th, the first meetup will be launched together with Elite Center, Lisk and EliteX, indicating that everiToken will begin to explore the Japanese market in an in-depth manner.

Presentation

I

On July 24th, everiToken Business Partner Fon was invited to participate in sharing of “Token-based Transaction Model”. Fon said: “Unlike other accounting methods, the Token-based Transaction model developed by everiToken focuses on Token, which Token can be transferred by changing its belongings. This approach can greatly increase the speed of the transaction and naturally supports parallelism and Sharding. This research has been published in the IEEE Electronic Journal with the link: https://ieeexplore.ieee.org/document/8691432."

II

On 26 July, we have hosted another monthly meetup in Amsterdan. It was one of the hottest days in the Dutch history(!), nevertheless we attracted a full room of attendees, incl. the CEO of BlockchainProjects BV and Blockchain BV! The meetup was packed with various programs and the attendees all lingered to network and learn from each other afterward. Here is the link to our Facebook page with the recording of Amsterdam everiToken Meetup with our presentations: https://m.facebook.com/story.php?story_fbid=483065932263999&id=1769478499941264&sfnsn=mo

III

On July 27th, everiToken Director of Operations Shuki was invited to participate in the first Qufen anniversary event and participated in a panel forum. At the meeting, Shuki said: “There is no competition in the current blockchain world and what should be done is to let more users participate. Take everiToken as an example, we aim at the ‘outside users’, through underlying innovations and try best to lower the threshold for them.”

Business Development

I

On July 22nd, the core team of everiToken, Doctor of Durham University and the head of Shanghai Energy Conservation and Emission Reduction Center discussed the application of blockchain in the energy field. “Blockchain+New Energy” can realize the intelligent transformation of enterprises, promote the transformation process of smart cities and green development, and also enable consumers to improve energy use without changing their living habits.