IOEXpress Application Library applied to various industries.
Solve data leakage or pain points monitored by third parties.

Statecraft Tech
Statecraft Tech
Published in
7 min readFeb 11, 2020
Image source: Statecraft

【Published by: Meet | Editor: Yu-Hsin He | Translator: Statecraft 】

“In the early days, the team was like a subsidiary of a subsidiary company. Because it is regulated under the Foxconn Technology Group, it still has to follow the normal process, but because the contract process often requires more than six months, it takes a long time.” IOEX founder Aryan mentioned that in order to seek better development, he left the group with more than 20 members at that time and was authorized by Foxconn Technology Group to separate the technology developed in the company from the past, established Heng Hung Co., Ltd, a company centered on blockchain technology and later launched IOEXpress life application set services.

All thanks to the core team, stability and strength for technology without faults!

In order to better operate the technology independently and have the flexibility to adjust, Aryan, a founder with a lot of information qualifications, determined to start a business in 2016. He has previously worked for Kortide Ltd and has the Nokia mobile phone the original design manufacturer project capacity. He successfully extended the technology licensed by Foxconn Technology Group to lead the IOEX team.

The members of the IOEX team are mainly product development and application function development professionals from Hon Hai Precision Industry, Foxconn Technology Group. Some members have been involved as early as 2005 when Aryan focused on the wireless communications industry. The current team is divided into two parts: the first is an “Internet business system” that integrates blockchain, the Internet, and customized systems; Ezfly International Travel Agent Co., Ltd., Institute for Information Industry, Taipei Computer Association, National Taiwan University Hospital, Ministry of Health Dozens of companies such as and Welfare, National Health Research Institutes, Taoyuan Metro, The eslite spectrum Corporation, etc. are currently the main service targets of IOEX, and they are also the current main businesses. Another department, “IOEX Smart Contract and Decentralized Node Networking”, was established to focus on the serial blockchain, the Internet of Things, and the authorized development of products.

IOEX application functions, products and solutions. / Source: IOEX official website

The battlefield after the actual application of the blockchain has attracted much attention!

Aryan observed that the technology of the blockchain gradually took shape as early as 10 years ago. Until 2018, the cryptocurrency market plummeted and faced a short market crisis. The actual application and change of the blockchain have become a topic of concern in various industries. Therefore, in 2017, the IOEX team was particularly independent of one third of its manpower, focusing on blockchain technology-related services.

A few days ago, the IOEX team constructed a decentralized application function (IOEX SDK) that allows smart devices to penetrate through direct connection, encrypted transmission, remote access, and remote management to create an IoT networking area that uses cloud storage and transmission The blockchain platform solves the pain points of data leakage or monitoring by third parties that were previously stored in the relay system. In simple terms, using blockchain technology, users such as suppliers, manufacturers, chip companies, etc., as long as the IOEX application function is installed in smart devices (such as computers, mobile phones, cars and other smart devices), the data will not be additional Management organizations and hardware facilities intervene, and users can have a highly private environment through decentralized storage on the IOEX private cloud with relay and encryption capabilities.

IOEX’s complementary relationship with public, private, and hybrid clouds. / Source: IOEX official website

At the same time, the software and hardware system introduced by IOEX integrates customized services to form a distributed node network of shared storage, transmission, and computing power, which effectively reduces the high transmission costs of private files and online updates, which is conducive to large-scale network transmission, Businesses or users with access needs can use it instantly. At the same time, in order to make the service universal, the team has successfully developed the IOEXpress application set and applied the technology to personal daily life.

Classic case ─ practical application in different industries

“Our advantage is that our products are relatively broad. Now we are also continuing to expand the contact surface of business cooperation, allowing different industries such as medical care to have the opportunity to cooperate.” Aryan pointed out that only by successfully applying in different scenarios can verify the architecture design of IOEX on the blockchain.

Taking the application in the medical field as a classic case, IOEX was introduced by the Taipei Computer Association, targeting psychiatrists at the National Taiwan University Hospital as clinical trial objects, and analyzing physicians’ personal cell phone use cases with de-identification. Through the active use of mobile phone software and the passive response of clicking to view when receiving text messages and push information, doctors can distinguish between working hours and non-working hours, and finally use algorithms to obtain 13 parameters to provide National Taiwan University Hospital related clinical reference.

In addition, the IOEX team tends to classify industries into categories, focusing on special niches industrial cooperation such as e-wallets, tourism, and agriculture, such as: assisting the retail industry to establish an e-wallet operating system; creating digital services for printing merchant, online editing and transferring cloud photo album, setting optional automatic delivery of print schedules or build a custom-made welfare system for B2B operators.

Founder Aryan mentioned: “The feedback from users is the most obvious. We optimize for these feedbacks, and ultimately we will push B2B services.”

From left: Wang Jun-Jie, chief operating officer of Heng Hung Co., Ltd (IOEX team), Aryan, founder and chief executive officer, and marketing Li Ke-Ren. / Image source: Meet, He Daxin Photography.

Active fundraising and negotiation, future practice in daily scenarios

The IOEX network has recently established twelve nodes, simultaneously established the alliance chain and the main chain, and leased floating Internet Protocol Addresses throughout Korea, Japan, Hong Kong, etc., and provided Amazon Web Services (AWS) through private clouds. Most of the groups are also common, for example: App front-end and background modules, e-commerce modules (but not including CMS content management system modules). At present, most of the enterprises applying the IOEX system are recommended by others, and the IOEX team evaluates the user needs. The founder Aryan also mentioned: “If the industry does not need large-scale information systems, or the development of the company is less sustainable, the team does not recommend This industry uses the IOEX system. “Only through careful evaluation, confirmation, then contracting can achieve that resources will not be wasted.

In order to pursue a more comprehensive and appropriate service experience, so that consumers do not necessarily need to understand the principles behind the blockchain, and can also be directly used in life. Recently, IOEX is actively being raised. The team hopes to raise 2 million to 2.5 million US dollars by April 2020.

At present, the team has launched a decentralized file transfer product on the domestic fundraising platform zeczec, including: IOEXpress- an app that integrates multiple IOEX networking application functions, and IOEX BOX- with a quad-core CPU and external hard disk Private cloud storage boxes with memory cards are expected to ship this year (2020). The IOEX team also plans to discuss cooperation with Taiwan Internet Service Provider-Chunghwa Telecom and Asia Pacific Telecom.

Quick question and answer

Q: The main customer group?

A:1. Operators with a large number of network transmission and storage requirements, especially those who provide real-time image and graphics services.

2. The file transfer process requires a highly private operator or the public.

Q: In the long run, what type of company does the company want to be? What’s the next goal? How do you do it?

A: The world will move towards 5G. At that time, the file transmission volume will be even larger. If it is transmitted only through the relay system, it will bring heavy cost pressure on equipment manufacturers. IOEX looks forward to becoming a “solution” in terms of transmission costs for the industry and providing them with low-cost file transmission solutions. The IOEX SDK software package has been developed. Through customized services, it can serve the industry immediately.

IOEX is also committed to the development of various types of decentralized application functions, let everyone familiar with the “blockchain” technology, easy to approach into the daily life of users, to provide users with a highly private network environment, unlimited personal cloud hard drive Files, unlimited file transfer tools. The IOEX APP has been launched. Users can download the experience by going to the APP market. The blockchain is a decentralized APP.

Q: What is most often asked by clients or investors? How would you respond? “How can we massively verify the IOEX function before providing it to business operators?

A: By cooperating with the big Banana Pi factory, the IOEX SDK software package will be published on the Banana Pi forum with millions of members, and we will invite early adopters Maker to use it. At the same time, IOEX is about to recruit early users of the IOEX APP function on the fundraising platform and Indiegogo.

Source: Meet

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