RealChain Project Progress Update

Real Chain
RealChain
Published in
2 min readFeb 26, 2018

2018/02/12–2018/02/18

Hi Community Members:

It’s time for our weekly report. Here are the status updates.

Themis Module

The Themis module is the first RealChain project that uses the “Smart Contract” functionality. This application records the original information of commodity goods and marks the creator institutions.

[This Week]

  • Completed testing asynchronous call the main network contract, 368/368.
  • Completed the appraisal data architecture.

[Next Week]

  • Finalize part of the code/scripts before open to public.
  • Test the smart contract on read and write appraisal data.

Forseti Module

TaoDangPu currently has records over 300 thousand commodity goods. For historic reasons, this data was recorded with multiple metadata schemas and saved as different media types. It would cost prohibitive to manually input into the data into system. The Forseti module will solve this issue by connecting the legacy system to the Blockchain Infrastructure..

[This Week]

  • Completed optimizing the data storage.

[Next Week]

  • Test on the storage integration.

Minerva module:

Only the metadata and SHA256 information from commodity information was saved on the blockchian of RealChain. In traditional IT system, real media data (regardless of being encrypted or not) is temporarily saved on media library system.

[This Week]

  • Completed building the asynchronous writing of the data state into the log file.

[Next Week]

  • Complete the integration on asynchronous writing of the data state into the log file.

Marketing Collaboration:

  • RealChain begun to call for articles in the RealChain community and the winner will receive RCT.
  • Since the announcement of repurchase from RealChain, the team has repurchased the RCT from the secondary market. 24% of the project repurchase has completed, will continue repurchasing until it’s completed.

Note: Due to the patent and intellectual property protection requirements for the development of the smart hardware and AI system, this part of the research and development is closed source. Therefore, the content will not be updated until there is a breakthrough in the future.

--

--