Product & Technology Upgrade
1. BOS (Blockchain Online Shop) project: The first version of BOS has been fully developed and supports the blockchain-based point system. Some functions such as point module, background operation data classification will be continuously optimized.
2. Wallet optimization: Dtalk V1.1.0 inserted with Google flutter technology has been successfully launched on the Google Play. New functions such as address intelligent detection and chat module will be applied.
3. Multi-token function: Test node was applied and has run well, which enables partners or merchants to issue their own tokens.
Market & Operation Update
1. DALICHAIN continues to discuss business with a South Korean digital currency lending service provider, and both sides are preparing to sign the NDA (Non-Disclosure Agreement) on wallet customization and stable coin design.
2. DALICHAIN was invited to participate in HashCon 2020 & New Infrastructure Mining Summit (Chengdu) and discussed how to explore the abroad market with some cloud computing power providers.
3. The four major banks are testing the DCEP APP on a large scale, which can be used for recharge, withdrawal, transfer, consumption, etc. And transfers can be made only with the other party’s mobile phone number while the non-network transfer function is being tested.
4. DeFi detonated the cryptocurrency market, and Ethereum returned strongly. According to public statistics, as of August 17, the total lock-up volume on Ethereum reached 7.75 billion USD, a nearly 6-fold increase in two months. The DeFi boom has driven Ethereum to regain the second largest market value.
