VNT Monthly | VNT Chain Project Progress

This is the monthly report of VNT Chain in which you will find about the latest project updates, community news and development progress. It would be a great honor for us to share exciting news and build the ecology with you!

Project Updates

Dr. Huang Butian was invited to the 7th Anniversary Cloud Summit of Huobi

On October 28th, Dr. Huang Butian was invited to participate in the Huobi “Infinite Future — The Great Navigation Era of Blockchain in 2020” Industry Summit and the 7th Anniversary Online Summit of Huobi Group, with Meng Yan, Deputy Dean of Digital Asset Research Institute, and Central Finance University professor Deng Jianpeng, Huobi China CEO Yuan Yuming and other guests discussed the topic of “exploring assets on the chain”. In the keynote speech of Dr. Huang Butian, it was mentioned that in the future digital economy era, digital assets in the real world can be integrated with blockchain technology, allowing assets to meet the foundation of trust in a technology-based way, and realize asset circulation, circulation, and transactions.

Yunphant Blockchain was selected as the “2020 Most Technically Powerful Blockchain Project List”

On the afternoon of October 25th, the 2020 Blockchain Annual Ceremony and the 2nd Blockchain Finance “Star Power” Award Ceremony were successfully held in Shanghai Building Hotel (formerly Broadway Building). At the meeting, BoChain Finance released the 2020 “Star Power” annual list, aiming to commend companies, projects and pioneers that have significant contribution to the blockchain industry. Yunphant blockchain relies on its strong technical strength and outstanding industry contribution was selected as the “2020 Most Technically Powerful Blockchain Project List”.

Yunphant X Gyro Industry Blockchain Case Report — Blockchain-based Credit Asset Registration and Circulation Project

Recently, Gyro Finance and its subsidiary Gyro Research Institute and Yunphant Blockchain jointly launched the “Gyro Industry Blockchain Case Collection-Yunphant Blockchain Special Session”. Each selected case is organized into a report for the whole industry. The product case in this issue is “Blockchain-based Credit Asset Registration and Circulation Project”. Keywords: CCDC, Yindeng Center, credit assets.

This report focuses on Yunphant’s blockchain + financial case-”Blockchain-based domestic letter of credit information transmission system”, which is carried out a comprehensive interpretation and sharing from the five dimensions of industry analysis, problem analysis, solution, implementation process, and effect.

Yunphant blockchain passed the 2020 trusted blockchain test review by China Academy of Information and Communications Technology

On November 2, 2020, the 2020 Trusted Blockchain Evaluation Expert Review Meeting was successfully concluded at China Academy of Information and Communications Technology (hereinafter referred to as “China Academy of Information and Communications Technology”). Yunphant Chain, the infrastructure of Yunphant Blockchain, has once again received authoritative recognition and successfully passed the 2020 Trusted Blockchain Test and Review by China Academy of Information and Communications Technology. Yunphant Chain is developed based on the VNT Chain aggregation chain architecture. It is an important part of VNT Chain and shoulders the mission of landing the B-side business scene.

“Credit Asset Registration and Circulation Blockchain Platform” was selected as the 2020 Trusted Blockchain Annual Excellent Case

On November 6, 2020, the Trusted Blockchain Promotion Plan of the China Academy of Information and Communications Technology officially announced the list of selected cases (click to view). After layers of screening and rigorous review, the Central Clearing Company, which is technically supported by Yunphant, “credit asset registration and transfer “Blockchain Platform” was selected as an outstanding case of 2020 trusted blockchain.
“Credit Asset Registration and Circulation Blockchain Platform” is a national financial market blockchain infrastructure project built by Yunphant to help CCDC. It aims to integrate the penetration registration, duration management, and information disclosure of basic assets in the registration and circulation of credit assets. With the technical characteristics of blockchain storage, traceability, and multi-institutional coordination, and other scenarios, it realizes the on-chain management of credit assets in the whole life cycle.

Yunphant X Gyro Industry Blockchain Case Report — Blockchain-based domestic letter of credit information transmission system

Recently, Gyro Finance and its subsidiary Gyro Research Institute and Yunphant Blockchain jointly launched the “Gyro Industry Blockchain Case Collection-Yunphant Blockchain Special Session”. Each selected case is organized into a report for the whole society. Public Release. The product case in this issue is “Blockchain-based Credit Asset Registration and Circulation Project”. Keywords: China Minsheng Bank, domestic letter of credit, consortium chain.

Huang Butian and Zhou Feng both won the “Blockchain 60 People” 2020 Empowering China Blockchain Innovation Figure Award

In order to encourage the transformation and upgrading of colleges and universities, innovate the school-enterprise cooperation model, promote the integration of production and education, and accelerate the professional construction and talent training of artificial intelligence, big data, and blockchain in emerging disciplines. On November 14, 2020, the “2020 3rd National College Artificial Intelligence Big Data Blockchain Education and Teaching Innovation Forum” hosted by the National College Artificial Intelligence and Big Data Innovation Alliance was grandly held in Beijing. At the meeting, Huang Butian, co-sponsor of Yunphant Blockchain and VNT Chain, and Zhou Feng, co-sponsor of VNT Chain, both won the “Blockchain 60 People” 2020 China Blockchain Innovation Award.

Yunxiang X Gyro Industry Blockchain Case Report — Blockchain-based Interbank Blockchain Forfaiting Trading Platform

Recently, Gyro Finance and its subsidiary Gyro Research Institute and Yunxiang Blockchain jointly launched the “Gyro Industry Blockchain Case Collection-Yunxiang Blockchain Special Session”. Each selected case is organized into a report for the whole society. Public Release. The product case of this issue is “Blockchain-based Interbank Blockchain Forfaiting Trading Platform”. Keywords: interbank, forfaiting, consortium chain.

Yunphant X Gyro Industry Blockchain Case Report — Blockchain-based Blockchain Anti-counterfeiting Platform of Industrial Bank

Recently, Gyro Finance and its subsidiary Gyro Research Institute and Yunphant Blockchain jointly launched the “Gyro Industry Blockchain Case Collection-Yunxiang Blockchain Special Session”, and each selected case is organized into a report for the whole society Public Release. The product case of this issue is “Blockchain-based Industrial Bank Blockchain Anti-counterfeiting Platform”. Keywords: Industrial Bank, electronic contract, anti-counterfeiting deposit certificate.

Development Progress

Hubble Network (Public Chain)

1. SGX technology module that provides data protection for the process of smart contracts accessing off chain key data — 70%
2. Zero-knowledge proof: an efficient privacy protection blockchain account model based on zk-SNARKs-BlockMaze, double balance model construction — 65%
3. Zero-knowledge proof: an efficient privacy protection blockchain account model based on zk-SNARKs-BlockMaze, two-step transfer mechanism model construction — 70%
4. VNT Chain leader platform front-end regular page proposal details page — 95%
5. VNT Chain leader platform front-end regular page project details page — 90%
6. VNT Chain leader platform front-end personal page proposal list page — 90%
7. VNT Chain leader platform front-end regular page item list page — 90%
8. VNT Chain leader platform front-end comment module — 85%
9. VNT Chain leader platform front-end voting module — 90%
10. VNT Chain leader platform admin center module — 95%
11. VNT Chain leader platform management background user basic function module — 85%

Kepler Route (Cross Chain)

1. The VNT Chain heterogeneous cross-chain interaction protocol BTCP protocol technical solution design. The BTCP protocol will provide a universal cross-chain standard in the ACCTP ecosystem, and realize the secure data transmission, secure routing and asset circulation between cross-platforms — 75%
2. A hierarchical design was carried out for the VNT Chain github smart contract code library — 45%