VNT Weekly | VNT Chain Project Progress
VNT WEEKLY, June 10

Published in

VNT Chain Labs

4 min readJun 12, 2018

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

Project Updates

1. On June 7th, at the 15th Zhejiang Merchants (Investment and Financing) Conference and 2018 Digital Economy Summit, Yunphant Blockchain, the technology supporter of VNT Chain as well as the world’s leading blockchain infrastructure service provider, obtained honorary title as “2018 Zhejiang Pre Unicorn” with Cao Cao Ride Hailing Service, Wacai, DT Dream, LianlianPay, Cannaan and other 44 technology enterprises. The news aroused particular attention and numerous media reported it.

2. On June 6, Zhou Feng, the co-founder of VNT Chain, was invited to the Second Blockchain New Financial Summit Forum in Shanghai and made a speech on the topic of “Discovering the future of the public blockchain”. Zhou Feng said that the fundamental problems need to be solved in terms of the real landing of public blockchain. He put forward VNT Chain which has the frame of “consortium chain+ cross chain+ public chain” as the solution to the demerits of both public blockchain and consortium blockchain. This proposal can better the infrastructure construction of blockchain and at the same time integrate the distributed value transfer characteristics of public blockchain and business characteristics of consortium blockchain.

3. On June 4,Dr Huang Butian, the co-founder of VNT Chain, was invited to the interview hosted by Jiedian Caijing. He shared opinions of the objectives, architecture, business chain, privacy protection, and commercial application of VNT Chain.

4. On May 27, “2050 Conference” was held in Yunqi Town of Hangzhou. The conference demonstrated the young generation’s imagination for 2050 through science, technology, economy, society and other fields, attracting 20,000 young people from all over the world. Dr.Huang Butian, the founder of Yunphant Blockchain and the co-founder of VNT Chain, made a speech on “Distributed Intelligence Value Network”, introducing the new trends of blockchain technology and its applications, and proposing how to build the connector of data and asset exchange based on blockchain technology.

Community News

1.On June 7, long-awaited “VNT Chain White Paper Analysis Series” was freshly released. The 1st Series detailed analysis of the VNT Chain technical architecture and design objectives, elaborated the development history of the blockchain 1.0 to 3.0, analyzed the characteristics and applications of the current blockchain mainstream technology architecture, and introduced the technology architecture of VNT Chain “consortium Chain + Cross Chain + public chain” as well as its core objective of providing an efficient, convenient and cost-effective value transfer service for the real economy by being a connector for data and asset exchange and collaboration.

2.From June 4 to June 11, the Campaign “Come and Get Your Tokens” jointly organized by VNT & KKEX is underway and everyone is actively involved.

3.On June 8, the National College Entrance Examination Day, the “VNT Chain National Unified Examination” kicked off. During the first phase, as known as “The Fill-up Flash,” community members actively participated and shared thousands of VNT rewards. The second phase “Essay Questions” is still in full swing and the excellent essay highlights will be announced next week.

Development Progress