POPCHAIN at the Blockchain Partners Summit 2018
[POPstory 6] The answer was indeed at the scene
“Please contact me again if you have a chance.”
The Blockchain Partners Summit 2018 was held for two days from last Saturday, July 21st, at the Walker Hill Hotel in Seoul.
On the morning of the second day, Roger Ver, the CEO of bitcoin.com (pictured below), said this to David Lee, the POPCHAIN Foundation’s Head of Business, when he stepped off the stage after his keynote address and the panel debate. Roger Ver is the millionaire cryptocurrency investor widely known as the Bitcoin Cash evangelist.
The POPCHAIN Foundation wanted to invite him to the official debut meetup last June at the Imperial Hotel in Tokyo as the keynote speaker, but our schedules didn’t quite work out.
At the same time and place, Charles Hoskinson, the former CEO of Ethereum, the developer of ADA, and the founder of IOHK, was there. As you know, PCH is based on Ethereum. Hoskinson amicably took the below picture with Hansin Kim, Director at POPCHAIN Foundation, and Lee in each arm.
Next, the POPCHAIN Team met with the Binance Team. Will Son, the CEO of the POPCHAIN Foundation, has met Changpeng Zhao, the CEO and cofounder of Binance, one of the largest exchanges in the world, at the Asia Blockchain Summit, which was held in Taiwan on July 2nd (pictured below).
This time, Jin Lim, the Vice President of the POPCHAIN Foundation, met He Yi, the other cofounder and the Head of Marketing. He Yi, who sympathized with our mission to create a platform where creators and consumers coexist by applying blockchain to a cultural content ecosystem, discussed POPCHAIN with Lim (pictured below). Ella Zhang, the Head of Binance Labs, who hosted the event on the first day, also met with Lim (pictured below) and had a similar conversation.
Since this event was on a weekend, it wasn’t as crowded as the Beyond Blocks Summit Seoul 2018, held three days earlier at the Shilla Hotel, but a fair number of blockchain industry professionals still attended this summit.
Blockchain companies are increasing astronomically in a short period of time, but we don’t think of each other as competition, even though we know many blockchain companies rise and fall even in the course of a day. We want to make the newly budding blockchain industry a forest, and this is why we think of each other as partners or cooperators.
Da Hongfei, the founder of NEO, the Chinese cryptocurrency that debuted in June 2014 and whose market cap ranks 12th with $2 billion, shared friendly greetings with Lim and Lee for this reason. POPCHAIN, which considers the sinosphere our key business bridgehead, has many similarities with NEO, which has an open source smart contract system called NEO Contract.
POPCHAIN envisioned a smart contract that works on a virtual Ethernet system. Here, we added the Smart Push function, which recommends customized content to consumers. The key to this is in-depth neural network technology. POPCHAIN applied in-depth neural network that recognizes the entity name that includes all information about content and its creator and extracts the entity attribute. It’s a method that can extract sources and knowledge from more diverse aspects than before.
In addition, POPCHAIN’s PoSe is a new technology that goes two steps beyond the preexisting PoW. POPCHAIN chose to use Cryptopop, a specific CPU mining algorithm. It’s a safety mechanism that uses the AES algorithm and an additional unique algorithm to effectively handle different external impacts. These algorithms are designed so that people who are interested in POPCHAIN can participate more in mining. Thus, through a reliably safe PoSe proof method, the participants can fairly receive rewards according to the quantity and quality of services provided on the platform. As such, we could exchange advice on technology with NEO.
Gifto, an Ethereum-based gifting protocol, is good partner that can grow with POPCHAIN not only in terms of technology but also concept. POPCHAIN seeks to apply blockchain to many different types of content including games, webtoons, music, and more by using the technology and the foundation of The E&M, our strategical partner, who owns the second largest livestreaming platform in the country and Celuv TV. Gifto also is trying to make a decentralized virtual gifting protocol on all social media platforms based on the mobile livestreaming platform, Uplive.
Andy Tian from Asia Innovations, who developed Gifto, also seemed to be well aware of this, which is why he warmly greeted Kim and Lee this day. Of course, the two companies have clear differences. We are both applying blockchain technology to content, but we chose completely different paths to achieve this goal.
It was a week full of blockchain events without a spare moment to catch our breaths. We accordingly have concrete results that we will share with you as something more tangible. Thank you for always cheering for us, and we will not stop the legwork that we are doing now. The answer was indeed at the scene. We will always stay at the frontier of the blockchain industry.
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