V Systems Monthly Digest — April 2025
Updates on the V Systems’ tech stack, dApps, and enterprise projects
Tech & Ecosystem
Tech — VGraph
VGraph is the result of V Systems’ exploration of next-generation solutions to improve the current V Systems network and boost its technical capabilities. The VGraph team has been recently focusing on:
- Experimental realtime transaction dependency graph
- Added Statedb module to manage address data and states
- Add Transaction Receipt to record transaction execution results
Events & News
Official sponsor and exhibitor at Money 20/20 in Bangkok
Coded Solution was one of the official sponsors at Money20/20 Bangkok (April 22–24, 2025). As a leading event for the fintech community, Money20/20 brought together industry innovators, thought leaders, and startups to explore the future of financial technology, blockchain, and digital transformation.
Our teams showcased our cutting-edge fintech solutions and connected with global leaders in the fintech space to drive future collaboration and growth.
Recognized as one of Asia’s Top Fintech Innovators as unveiled at Money20/20
Coded Solution, V Systems partner company for enterprise blockchain, was honored to be recognized as one of Asia’s Top Fintech Innovators during Money20/20 in Bangkok, a premier global event spotlighting breakthroughs in financial technology.
Selected among six standout companies — including OmniWave Fintech, Riverchain, Papaya, Giraffe AI Labs, and Payd — this recognition highlights our leadership in delivering enterprise blockchain solutions that drive transparency, efficiency, and trust for financial institutions.
This milestone reaffirms our commitment to pushing the boundaries of what’s possible in decentralized technologies and fintech innovation across Asia. We are proud to represent Hong Kong’s tech ecosystem on a regional stage and remain focused on empowering businesses and individuals through secure, scalable digital infrastructure.
Read the press releases: Biz Talk News | Kapronasia | The Big Chilly
Coded Solution showcased innovation at Guangdong-Hong Kong-Macao Greater Bay Area (GBA) Talent Development Showcase
In April, Coded Solution proudly joined Cyberport at the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) Talent Development Showcase held in Kuala Lumpur, Malaysia, organized by Hong Kong Talent Engage under the HKSAR Government. The event aimed to introduce Malaysian talent to the GBA’s diverse career opportunities and foster cross-border collaboration.
Representing Hong Kong’s thriving innovation and technology (I&T) ecosystem, Coded Solution was one of two startups selected by Cyberport to co-host a dedicated booth and participate in a sharing session. Alongside TalentLabs, we engaged directly with young talent, offering insights into the startup journey in Hong Kong and the growing impact of artificial intelligence across the region.
This initiative not only spotlighted Hong Kong’s role as a global I&T hub but also strengthened regional ties between Malaysia and the GBA, positioning Coded Solution as a key player in advancing cross-border innovation and talent development.
Coded Solution joined the sharing session on Malaysia cross-border trade organized by the Malaysia External Trade Development Corporation
In April, Coded Solution had the opportunity to engage with MATRADE (Malaysia External Trade Development Corporation) to learn more about their initiatives to promote Malaysia–Hong Kong cross-border trade. The session highlighted key opportunities for collaboration, particularly through Cyberport, to foster innovation across Malaysia, Hong Kong, and the Greater Bay Area.
The event aligned with Coded Solution’s mission to support cross-border partnerships and contribute to the region’s evolving tech ecosystem.
We also explored tokenised payment systems through a session with VSystems and its affiliates, gaining valuable insights into the potential of blockchain-based financial infrastructure.
Expanding our team in Malaysia
Our team in Kuala Lumpur, Malaysia, was looking for a Junior AI Developer/Coordinator. While we are no longer accepting applications, follow our LinkedIn page to stay up-to-date on future job postings!
Enterprise projects
VIO tokenization platform
We are looking for Malaysian users to join our VIO Pilot Program!
VIO is a tokenization platform to digitize vouchers and loyalty point programs for a variety of industries. VIO is designed and developed by Coded Solution, V Systems’ partner company for enterprise blockchain.
What is this Pilot about?
TET and VSYS token holders based in Malaysia can swap their tokens for VIO tokens using the Titan Wallet — and use VIO tokens to purchase digital vouchers on the VIO web app!
Interested? Contact us!
Email: support@codedsolution.xyz
Brand and Marketing
V Systems’ first Hackathon — Create your Shader!
The V Hackathon is V Systems’ first-ever Hackathon for developers in the Web2 and Web3 spaces. Specifically, it targets creative WebGL experts who are well-versed in developing Shaders to be published on the V Systems chain as NFTs!
The challenge is set to end on May 8, 2025. Follow us on Twitter, LinkedIn, Telegram, and Discord for live updates and to get technical support!
Sign up to the V Hackathon newsletter for live updates on the Hackathon! Register here: https://hackathon.v.systems/
About VKube
VKube is a Kubernetes-based container service that allows developers and enterprises to run containerized applications on the cloud without installing and operating the Kubernetes control panel or worker nodes.
New Features
- VKube added a subdomain feature, providing VCloud subdomains for users.
- VKube subdomain feature now supports a rewrite option.
- VKube web UI now supports accessing container ports via subDomain/path format.
- VKube web SSH functionality added a path input field for specifying the target directory.
- VKube web Service page supports importing containers through a single Import button.
- Sidecar containers periodically register service IPs to AWS Route53, enabling health checks and domain disaster recovery switching.
- Designed a new cross-cluster Traefik API Gateway + Prometheus load balancing architecture (with dynamic weight adjustment based on resource usage).
- VKube backend now records service dependency relationships, integrates them into Log Host, and supports dynamic binding/unbinding and many-to-many relationships.
- VKube CLI now displays the current version and notifies users of the latest PyPI version, with automatic packaging and release based on Git Tags.
Optimizations
- Fixed bugs in the Configuration feature and improved input validation.
- Migrated VKube subdomain handling from Nginx to Traefik, completing the adaptation.
- Introduced CDN loading for external libraries on the VKUBE web frontend to optimize webpage performance.
- Multi-container deployment now supports mixing local and open-source images:Local images are built and pushed.Open-source images skip the build process.
- Upon backend shutdown, Node-watcher now cleans up Redis Queue connections and retrieves node synchronization height via Bitmap, improving performance.
- Refactored VKube CLI, removing redundant code and optimizing multithreaded log display during build and push.
- Refactored VKube Service backend scheduled tasks, simplifying the architecture and enhancing performance.
Other
- Initialized the Docker Client through the sock file path to prevent connection failures caused by missing environment variables.
- Added VKube-CLI usage documentation to VKube-DOC.
- Added documentation for Tool Injection and building images with SSH support to VKube-DOC.
- Researched the use cases of MetalLB, exploring private cloud/intranet load balancing solutions.
- Restricted internal services in VKube Service to use a specific Host Port range, improving communication stability after service migration.
Tachyon Protocol
Protocol is a decentralized Internet protocol that aims to bring new levels of user privacy, security, speed, and freedom to today’s Internet. Its first product will be a decentralized VPN. Moving on, Tachyon is going to be a page platform for many types of services.
Tachyon chose V Systems for its well-designed consensus mechanism — SPoS, the capabilities of Euclid contracts, the Staking 2.0 initiative as well as the VSYS team’s approach to partnerships and ecosystem building.
- The team improved the node deployment update process through structural optimization, especially optimizing the gray release process for large-scale distributed deployment scenarios to avoid widespread service fluctuations caused by version anomalies, thereby enhancing the reliability and controllability of node version iterations.
- The team carried out concentrated rectification of network compatibility, connection stability, and security compliance issues reported by some partner operators. Based on the network architecture characteristics of each operator, the packet transmission strategy and protocol adaptation logic were adjusted to improve the success rate of communication under various firewall strategies and network filtering conditions.
- The team developed a new protocol for real-time network status monitoring, enabling real-time collection and reporting of key parameters such as connection status, bandwidth usage, and latency fluctuations through a data synchronization mechanism between nodes, thus improving the perception and response speed to overall network status.
- The team focused on troubleshooting and fixing abnormal issues encountered by some users during Stake operations. By tracing back on-chain interaction logs, edge cases were identified where transaction resubmission or incorrect state judgment occurred under conditions of specific network latency or delayed node synchronization.
- The team addressed node server issues reported by some partner operators and promoted optimization solutions for problems such as high deployment resource utilization and large fluctuations in runtime, with a focus on adjusting node task distribution logic to reduce computational pressure on single nodes.
- The team continued to develop and test new dedicated network protocols to address network blockages and communication protocol incompatibility issues in certain regions. More flexible encryption and routing adjustment mechanisms were integrated to better cope with network restrictions in different regions.
IPX Staking data
- Total Staking Amount: 156,784,182 IPX
- Nodes Staked: 1103
- Total Nodes on Tachyon Network: 1194
- Total Rewards Distribution: 151,826,712.3 IPX
IPX Wallet Staking
- Total Staking: 12,333,188 IPX
- Rewards: 21,175,700 IPX
IPX Staking on Node Manager
- Total Staking: 100,000 IPX
- Nodes: 5
- Rewards: 470,890 IPX
VPN App User Data
- The total number of apps exceeded 6.4 million.
About V Systems
V Systems (VSYS) is an open-source network that supports the efficient and agile development of decentralized applications. It is designed for real-world use cases, making it possible to create, send, trade, and track tangible or intangible assets in a digital form. VSYS can handle millions of transactions daily and it runs on a decentralized, open network.
Stay connected
Twitter @ VSYSCoin
Telegram @ VSYS Official Group
Medium @ V Systems
YouTube @ V Systems
Reddit @ V_SYSTEMS
Github @ V Systems
Cross-chain swap for VSYS tokens
Swap VSYS-TET tokens with Titan Wallet
V Atomic Swap for USDT-VSYS
Other useful links
VSYS Official Website
Supernode Ranklist
VSYS Blockchain Explorer
Coinmarketcap
Coingecko
