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Trias & Boboo AMA Review

On April 16th, Trias has partnered with Boboo to provide scalable and secure decentralized infrastructures for crypto projects, tokenized assets and DeFi applications! Trias has invited Boboo to attend an AMA in Trias Telegram group on April 20th. Following is the recap of this AMA.

Host: today, we are glad to have our guest: Steven from Boboo exchange and Trias CSO Kiling Bian. Steven could you give us an introduction about yourself?

Steven: I am Steven Gong, the global promoting manager of Boboo Exchange and CoinNess. Very glad to be the global partner of Trias and very glad to be here.

Host: Kailing, you are old friend of our triasures, but we also have many new friends here, could you introduce yourself to us?

Kailing: sure! Im Kailing from Trias. I graduated from LSE with Master of science degree in management and strategy. My bachelor degress is in economics. I worked for Accenture, a top IT and management consulting company and after my consulting experience, I worked in the venture capital industry. I have helped more than 200 startups in their stealth business model and financing process. I joined Huobi Labs for investment and incubation. I also invested in crypto with my own fund before I cofounded Trias.

Host: Steven Could you please intro a little bit about Boboo and CoinNess to us?

Steven: CoinNess is the most professional solution for cryptocurrencies Investments. Here you’ll find latest and exclusive news of digital investment fields; Most professional market insights; Real-time intelligent marker monitor; Trading strategies made on the accurate algorithm. All these tools are ready in CoinNess. Our goal is making your investment more manageable and better profit.

Boboo is the world’s leading crypto exchange, which is invested by Bishijie & CoinNess and many famous Asian investors including the James Ju, former CTO of Huobi. Boboo provide spot trading (crypto to crypto), contract trading, OTC, investment service and other services. The liquidity of Boboo exchange is ahead of industry and be highly admitted by 30k users in over 80 countries and regions all over the world. Our liquidity is better than many top exchanges. Because Houbi former CTO is one of our boss~He united many liquid resource to provide rapid trading for our users.

Host: Kailing, could you give us more details on the strategic collaborations between Trias and Boboo?

Kailing: Trias has partnered with Boboo to provide scalable and secure decentralized infrastructures for crypto projects, tokenized assets and DeFi applications. Firstly, by integrating TEE(trusted execution environment) technology, cyber security, and graph computing algorithms, Trias is building a highly scalable public chain. The underlying high-performance solution for our own chain can also provide “layer -1” infrastructure to support other public chains.

We have tested Ethereum and Hyperledger, and have achieved significant improvement of scalability for these chains. Secondly, the solid academia and industrial background of Trias tech team also contributed to innovations on data privacy and cyber security solutions. Altogether, they provide a full-scale solution to both decentralized finance and centralized finance. DeFi is facing problems related to security and scalability.

We have solutions that specifically address the privacy protection related to DeFi scenarios and a robust infrastructure to hold more DeFi applications. Trias Lab is also developing tools and protocols to faciliate the DeFi on Trias chains. In terms of CeFi, in our cases with large financial institutions, we have deployed blockchains and DSaaS on our client to help them dealing with unknown threats both from the outside attacks and inside leakages. I believe, with the experiences of Boboo in crypto assets and blockchain innovations, the two projects together can lead to a better financial infrastructure in the new era to face the ever-increasing demands for the ownership of finance and data of the general public.

Host: As we are having Trias Economics 101, token economy is the trendy topic here in this community. Steven could you talk about BOBT’s token economy?

Steven: CoinNess and Boboo are the believers of BTC and Satoshi Nakamoto, to salute BTC, BOBT(Boboo token) also issue a total distribution of 21 million, the same as BTC. And Boboo Exchange is Airdropping All 21 Million BOBT to All Traders on Boboo! This is the most best platform token I have ever seen,So I join the BOBT team to promote it all over the world

Boboo want to share all its spot revenue to its users, then to gain a deeper development all over the world. We want to make all users to be stockholders of Boboo exchange and share our profit, then it will also motivate our users to join the global promotion of Boboo, help Boboo get a development with rapid speed.

CoinNess and Boboo have 3.8 million news readers, 300K trading users all over the world, and a huge community with 260K followers. Mainly from China, Korea, Vietnam, India, Turkey, Brazil, Philippines and Indonesia. You can search CoinNess and Boboo to know more communities of us.

We hope to promote more good project like Trias to more global crypto readers and traders. And that is the real meaning of our cooperation!

Host: The last question of this part is for Kailing, is there any other partnership on the way?

Kailing: Of course we do! Although Covid-19 has lowered our progress with our clients a little bit due to social distancing, some big collaborations are on the way. Please stay tuned in this group for further announcements!

Quiz from community: TRY is going to be launched on April 23th on your platform. What expectations do you have? How do you think people will take this new token on your platform?

Steven: We hold 4 great events with more than 10,000,000TRY Bonus for TRY holders to try to trade your TRY on Boboo.

Quiz from community: What is repurchase method works and how is different from other exchanges repurchase ?

Steven: The buyback model of BOBT is permanent. We will keep sharing all of the profits from the spot trading with our users. Each BOBT holder is one of our Boboo shareholders and will share our benefits permanently.

No matter how much is the price of BOBT in exchange,the platform will repurchase BOBT from BOBT holders with all our spot profit every week higher and higher, so its price of BOBT in market will absolutely follow higher and higher.

Quiz from community: What are the ways that BOBT generates profits to maintain your project ? How can it make benefit to both investor and your project?

Steven: In these 100 days from 26 of Mar to 3rd of July, we give the trading fee 100% back as BOBT to our users. We earn 20K-200K$ trading fee everyday now, and we also earn from listing good projects, from contract trading, these income will help Boboo make a better development in 2020, after 3rd of July, we will use all our spot trading revenue to buyback BOBT from BOBT holders. BOBT is a very good mode to help Boboo gain more global development, and it also benefit every trader on Boboo, not only get back your trading fee 100% back as BOBT, the BOBT you hold can also help you win 120%-817% profit.

Quiz from community: Are the features you can provide us about the scalable decentralized infrastructures made with Boboo-Trias? What technology is in place to guarantee security for crypto projects?

Kailing: As I mentioned before, Trias has three layers, our Leviatom Layer integrates trusted computing technologies (including the TEE/SGX) to ensure the correct execution of softwares. By integrating TEE(trusted execution environment) technology, cyber security, and graph computing algorithms,Trias is building a highly scalable public chain. In Leviatom, a decentralized network of nodes is formed and nodes attesting to each other are verifying if given codes are properly executed.
To increase the TPS, we use graph computing algorithms. All the nodes forms a “social network”, which allows the information of whether a node is “honest” or “dishonest” to be quickly passed on. In this way, a misbehaving node is identified very quickly within the network.The underlying high-performance solution for our own chain can also provide “layer -1” infrastructure to support other public chains. We have tested Ethereum and Hyperledger, and have achieved significant improvement of scalability for these chains. Altogether, they provide a full-scale solution to both decentralized finance and centralized finance.

Quiz from community: What has been the most fun and difficult time on Boboo?

Steven: This is very good question. As we all know, BTC just got a very big break to 3700$. The fear of COVID-2019, made everyone and investing banks want to sell their stocks, gold and crypto coins. And the virus hit the whole globe. We all lose much in the investment of BTC and contract trading.

It is really a very hard time for every crypto lover, investor and young exchange like Boboo. Many projects cant survive in the big pressure. But with the support of Bishijie and CoinNess, we have 3.8 million readers all over the world, and get much advertising fee from global projects. US Started the no limit QE, it is a knife to cut meat from the body of every other countries. But in the other side, BTC will be rising back soon, because money will be like flood, flow to stock market, gold, and BTC. No limit QE of US dollar will be flood,please protect your money and your property. BTC and good cryptocurrency can help us from the flood,we are the pioneers of the blockchain era. Therefore, I still recommend many friends, if you have spare money, invest in Bitcoin. You can place orders in batches gradually.

Quiz from community: What’s your opinion on the recent DeFi hacks? Does the cooperation of Trias x Boboo will look into this issue?

Kailing: Yes. We also conducted analysis on the recent hack of DeFi. It’s essential for DeFi to incorporate security. With our solid back ground and experiences in cyber security, we are aiming to develop a solution to address the issues with both scalability and security.

TRIAS(Trustworthy and Reliable Intelligent Autonomous Systems)

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