VNT Monthly | VNT Chain Project Progress

VNT Chain Labs
VNT Chain Labs
Published in
6 min readAug 9, 2020

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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

Yunphant Blockchain, the core member of the VNT Chain technology community, once again won the “Hangzhou Quasi-Unicorn Enterprise List”

On June 29th, the 4th All Things Growth Conference organized by Hangzhou Municipal Government and China Investment and Development Promotion Association, and jointly organized by Hangzhou Science and Technology Bureau, Hangzhou Development and Reform Commission, Hangzhou Daily Newspaper Group, etc. was successfully held. The high-profile Hangzhou unicorn and quasi-unicorn list (valuation of more than 100 million US dollars) was released at the conference. The core member of the VNT Chain technology community, Yunphant Blockchain, once again made the list and was nominated for “Hangzhou List of Quasi-Unicorn Companies”. At the same time, Huang Butian, the founder of Yunphant Blockchain, was invited as one of the 50 representatives of the founders of Chinese unicorn (quasi-unicorn) companies to take the stage to read the “2020 Hangzhou Declaration on Entrepreneurship and Innovation”.

Yunphant Blockchain, the core member of the VNT Chain technology community, was selected into the [Top 30 Privacy Computing Industry 2020] list

On the afternoon of July 5th, the Hangzhou Blockchain International Weekly Sub-forum [“Privacy Computing: Let Data Flow Safely and Orderly” and the Award Ceremony of the Top 30 Private Computing Industry in 2020], under the guidance of the Yuhang District Government of Hangzhou City, jointly organized by the computing power think tank united 8btc, the Shanghai Artificial Intelligence Development Alliance, the Yangtze River Delta Big Data Industry Cooperation Joint Conference, the Shanghai Modern Service Industry Federation Financial Technology Special Committee, and Yunphant Blockchain and other institutions, was successfully held. At the meeting, the list of [Top 30 Privacy Computing Industries in 2020] was announced. After a rigorous review by an expert committee, the core member of the VNT Chain technology community, Yunphant Blockchain, and WeBank, OneConnect, and HyperChain were among the industry leaders list.

Yunphant Blockchain, the core member of the VNT Chain technology community, won the “Industry Contribution Award” at the 2020 Hangzhou Blockchain International Week

On the afternoon of July 6, at the main agenda forum of the “2020 Hangzhou Blockchain International Week” hosted by the Hangzhou Future Science and Technology City Management Committee and 8btc under the guidance of the Yuhang District Government of Hangzhou, 8btc solemnly launched the finale award ceremony. The award ceremony presented four major awards, namely the “Special Tribute Award”, “Industry Promotion Award”, “Industry Contribution Award” and “Application Innovation Award” during the 2020 Hangzhou Blockchain International Week. Individuals and collectives who have made outstanding contributions to the development of the blockchain industry, industry promotion and commercial landing, application innovation and product research and development, etc., the core member of the VNT Chain technology community, Yunphant Blockchain, won the award for its outstanding contribution to the industrial blockchain landing “Industry Contribution Award”.

Yunphant Blockchain infrastructure platform was selected into the ‘2020 Zhejiang Province’s First Edition Software Product Application Promotion Guidance Catalog’

Recently, the Zhejiang Provincial Department of Economy and Information Technology announced the “Guiding Catalogue for the Application and Promotion of Zhejiang’s First Edition Software Products in 2020”, aiming to consolidate efforts to advance the industrial foundation and modernize the industrial chain. After the selection of local review recommendation, preliminary review and expert review, Yunphant Blockchain infrastructure platform was successfully selected with its advantages of high efficiency, high security, high availability, and scalability.

Yunphant Blockchain infrastructure platform is a domestically-made independent designated blockchain underlying platform independently developed and mastered by Yunphant. It has the four major characteristics of high performance, high security, high availability, and scalability. Security, privacy and other aspects are in an international leading position. The platform adopts a modular design and includes three functional modules: membership service, blockchain service, and interface service. It has the characteristics of low coupling and high cohesion. It allows users to quickly deploy, expand and manage blockchain networks based on physical machines or cloud hosts, and provides visual monitoring of blockchain networks, supports access control, consensus switching, business isolation, seamless contract upgrades, and multi-language development.

Yunphant Blockchain participated in the formulation of “Blockchain Technology Financial Application Evaluation Standards”

Recently, the Central Bank issued the “Notice on Issuing Financial Industry Standards to Promote the Application of Blockchain Technology Specifications”. The notice shows that the “Blockchain Technology Financial Application Evaluation Rules” have passed the review of the National Financial Standardization Technical Committee and have begun to be issued for implementation. This is the first time that the central bank has issued relevant regulatory documents for the application of blockchain in the financial field. It was jointly drafted by the Science and Technology Department of the People’s Bank of China, the Digital Currency Research Institute of the Central Bank, China UnionPay, a number of banks, insurance companies, securities companies, technology companies, and universities. Hangzhou Yunphant Blockchain is one of the units participating in the formulation of standards.

Yunphant, IBM, China Mobile, Xiaomi and others on the China Contribution List in the second quarter of 2020

On July 21, the China Contribution List of Hyperledger for the second quarter of 2020 was announced. The core member of the VNT Chain technology community, Yunphant Blockchain Research Center, Xiong Weigang, was listed on the Hyperledger Translation Contribution List. The data released this time are contributors in 2020. For contributions from April 1 to June 31, IBM, China Mobile, Xiaomi, JD.com, Purdue University, Xi’an Jiaotong-Liverpool University, SuperMap Software, and Zhigui Technology were also on the list.

VNT Chain mobile wallet community node function is online

As of last week, all the functions of the VNT Chain mobile wallet community node have been successfully launched. The Android version was successfully launched on July 11. The Apple version was optimized and adjusted according to the review requirements of the Apple Developer Platform, and was reviewed and approved on July 20, and was updated on the official website as soon as possible. I would like to remind everyone that users who have not updated, please go to the official website to update.

Official download address: http://www.vntchain.io/download

Development Progress

Hubble Network (Public Chain)

  1. VNT Wallet APP community node adds address balance display function — 100%
  2. VNT Wallet APP community nodes increase the number of nodes and display the total amount of locked positions — 100%
  3. VNT Wallet APP community node adds the function of displaying node lockup revenue — 100%
  4. Completion of the partial update of contract deployment in the VNTChain Developer Guide document
  5. Completion of environmental adaptation after some Alibaba Cloud server upgrades
  6. VNT Wallet APP IOS version function optimization completed — 100%
  7. VNT Wallet APP IOS version submitted to the Apple Developer Platform — 100%
  8. VNT wallet APP super node application function optimization plan — 60%
  9. VNT Wallet APP Super Node Locking Function Optimization Scheme — 70%
  10. VNT wallet APP super node voting function optimization plan — 65%

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VNT Chain Labs
VNT Chain Labs

VNT Chain targets to build a global distributed smart value network based on blockchain technology.