U+ sponsors SoCo SNP leadership team in filing 6 pending blockchain patents

SoCo SNP News
SoCo SNP
Published in
3 min readJul 2, 2018

JULY 2, SINGAPORE. Popular social networking company U+ sponsored the SoCo SNP leadership team in filing 6 pending blockchain patents.

The following pending patents are aimed at resolving security issues and concerns with smart contracts and cryptocurrencies, the single blockchain scaling issue, the social assets evaluation challenge, the inefficiencies of utilizing network nodes in an unaligned CPU, memory and disk, and so on.

Here is a more in-depth description of each of the patents filed:

1. Method, device and system for secure, distributed and ordered blockchain smart contracts.

2. Method, device and system for reliable, distributed and high performance synchronous consensus over a vector of blockchains.

3. Method, device and system for scalable contract blockchain consensus and proof of service records auditing.

4. Method, device and system for transaction auditing ring and network time division based user channel consensus.

5. Method, device and system for signed message checksum based Merkle tree as incentive for serving instant messaging

6. Method, device and system for a blockchain consensus OS with resource-shared container based virtual overlays

U+ is a mobile social networking APP that is popular among youths. U+ allows users to make friends, videochat, live broadcast, and play games with one another. The app launched in 2011 and has successfully expanded, reaching tens of millions of users worldwide and acquiring a total of 30 million USD from various famous venture capital funds such as SIG, GSR, UMC, H&Q, etc.

SoCo SNP is lucky to be partners with U+ and is grateful for its cooperation and efforts in supporting the development of SoCo SNP.

“SoCo and SNP is a blockchain-based project aimed at decentralizing the social networking ecosystem. SoCo, the official token currency, is what users will use to evaluate and monetize their social assets. Social assets are the valuable online data a user possesses, which include personal profile attributes (name, hobbies, status), social relationships (friends, followers), and social behaviors (likes, posts, sharing). Users and apps alike are able to use SoCo to conduct transactions, allowing apps to incentivize users to invite friends and engage in the app’s activities while rewarding users for their social assets. This promotes a healthier, more trusting relationship between apps and users. SNP is an open and extensible layer protocol that allows apps to have social capabilities, as well as provides users with a secure wallet of social assets, accessible by the user’s private key only. Ultimately, SoCo SNP plans on returning the ownership of social assets back to users and deconstructing today’ social networking structure in order to provide the world a more transparent, interconnected and innovative online experience.”

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SoCo SNP News
SoCo SNP

Using blockchain technology to build a decentralized social networking ecosystem so you can #TokenizeYourSocialAssets.