HPB core chain visits CCID Blockchain Research Institute and plans to join China Blockchain Ecology Alliance

HPB Magazine
4 min readAug 28, 2018

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27/08/2018

On August 24th, HPB core partner and marketing director Xu Yuzhu and product manager Li Qiong and his party visited the CCID (Qingdao) Blockchain Research Institute, and Dr. Zeng Jin, deputy chief engineer of CCID Block Chain Research Institute, and strategic cooperation department. Deputy Director Gao Rui conducted in-depth exchanges on topics such as “The development of the current blockchain public chain project” and “HPB core chain technology architecture and product features”. HPB core chain has made outstanding contributions to the development of public chain technology and plans to join the China Blockchain Ecological Alliance.

CCID (Qingdao) Blockchain Research Institute is a subordinate unit of China Electronics Information Industry Development Research Institute (Ceddy Group) directly under the Ministry of Industry and Information Technology of China. It is the authoritative blockchain industry guidance unit in China. The CCID (Qingdao) Blockchain Research Institute aims to serve the blockchain industry, guide the blockchain industry, and guide the blockchain industry. It has extensively integrated the think tanks, association organizations, scientific research institutions, and blockchain industry enterprises in various industries. Cooperate with industry authorities to promote the healthy development of blockchain technology and industry, and promote blockchain technology to empower the real economy.

At the meeting, representatives of the CCID Chain Research Institute made a comprehensive understanding of the HPB core chain’s unique software and hardware combination architecture system and the main online line, node plan and other market activities, and conducted in-depth communication around relevant issues. Xu Yuzhu and Li Qiong answered the questions from the perspective of the market and the underlying technology.

Xu Yuzhu said that the HPB core chain main network and the first phase of the main network node in the world will be launched in September, including the Shanghai Jiaotong University Distributed Intelligent Systems Laboratory, Hunan University Financial Technology Research Center and many other scientific research institutions, well-known enterprises. And individuals apply to join the node program. In the HPB core chain public chain ecosystem, many DApps including game, financial, music and other application scenarios will also be launched. Li Qiong further explained that in order to meet the large-scale concurrency brought by the commercial application, the HPB core chain main network is equipped with the BOE (Blockchain Offload Engine) acceleration engine, which utilizes the hardware super high concurrent processing capability to deal with the blockchain nodes. Processes such as blocks, accounts, etc. are accelerated. The architecture achieves high performance and high concurrent computing acceleration by combining CPU computing power and parallel processing capability of the FPGA/ASIC chip, that is, passing various functions related to network communication and calculation that originally occupy CPU computing resources. The set of chips is implemented independently, reducing the CPU system load of the blockchain node server and realizing the acceleration function.

The HPB core chain team expressed positive and enthusiastic attention to the launch of the “blockchain-enablement entity economic promotion plan” of CCID Blockchain Research Institute. The two sides exchanged views on the development status of the public chain industry and started constructive discuss. Both parties believe that the current regulatory level is paying more attention to the industry. Although it will have a certain impact on the capital level in the short term, it will help the industry to continue to develop healthily in the long run. Especially for high-quality projects with technical accumulation and application basis, the bubble has faded and it is an opportunity for them to flourish.

The representative of CCID Block Chain Institute expressed great interest in the HPB core chain industry’s first software and hardware combination architecture, and expressed its support and support for the HPB core chain to promote the development of the entire public chain industry by breaking the TPS bottleneck problem. After the meeting, representatives of the CCID Block Chain Research Institute expressed their welcome to join the HPB core chain to join the China blockchain ecological alliance to jointly promote the healthy development of blockchain technology and industry.

Subsequently, the two parties conducted in-depth communication on the construction and operation of the whole-node platform, the blockchain of the cloud platform project, the blockchain + supply chain financial practice, and other cooperation issues. Both sides are full of expectations for the follow-up cooperation.

The China Blockchain Ecology Alliance is a non-profit social organization jointly initiated by the China Electronic Information Industry Development Research Institute and the upstream and downstream enterprises of the blockchain, as well as universities, research institutes and other units. The alliance includes China Software Industry Association, China Security Industry Association, China Electronic Certification Service Industry Alliance, China Software Testing Center, China Financial Certification Center, and many industry associations, and Huawei, Tencent, 360, Taiyiyun, Bubi, Minsheng Bank, Wanda Nearly 200 well-known companies engaged in blockchain business such as network technology.

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