RealChain Project Progress Update

2018/02/19–2018/02/25

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]

• Open sourced air-drop code.
• Completed testing smart contract on read and write appraisal data.

[Next Week]

• Finalize the appraisal data on the chain before open to public.
• Develop information retrieval on the chain and function of demonstration.

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 testing the storage integration.
• Begun testing the Smart hardware integration, 40% completed.

[Next Week]

• Complete the testing on the smart hardware and APP 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 testing the integration on asynchronous writing of the data state into the log file.

[Next Week]

• Develop the function of downloading and generating the appraisal reports after the data comparison.

Marketing Collaboration:

• RealChain will launch in the 2018 TOKENSKY blockchain conference.
• Two lucky members who have been selected have been contacted and they will be going to South Korea with RealChain team.
• After The Merkle, two other main media sites recommended RealChain, drawing a lot attention overseas.

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.