Huobi University, a leading blockchain educational institute, hosted Global Blockchain Empowerment Summit in Silicon Valley, at the Plug and Play Tech Center in Sunnyvale, California on November 19, 2019. There were over 200 people from academic institutions, blockchain companies, and major technology firms in attendance.
Dr. Yu Jianing, the president of Huobi University, presented the keynote speech Blockchain Education: Bootstrapping Blockchain Innovations and Adaptations. According to Dr.Yu, “Blockchain is a trio of innovations: technological, financial, and industrial. With decentralized and cryptographic technologies, blockchain will transform business models and revolutionize business collaboration.” However, Dr. Yu believes that even the best technologies and business models cannot survive without appropriate regulations and business ethics. Therefore, he predicted that the main themes in the Blockchain 3.0 era would be compliance and regulatory alignment.
Yuan Yuming, CEO of Huobi Research, also delivered a keynote speech, which was titled Huobi and Silicon Valley New Technology: Adaptation of Blockchain to Empower the Real Economy. Yuan explained how blockchain projects try to empower real economies, such as the Coco Credit System, Shell Gas Station Group-buy System and IP service platform IPTM, among others. According to Yuan, “Huobi has a vision, mission, advantages and services all geared to supporting a global blockchain ecosystem.”
Comparing proof-of-stake to proof-of-work up for discussion in the summit’s technology breakthrough panel. Luca Cosentino, head of product and growth from Oasis Labs, suggested that proof-of-stake can be used to address the computing requirements for mining. However, Liu Fei, the founder of Kimii Wallet, stated that the proof of equity in the blockchain is not yet ready for wide adoption, and proof-of-work will still dominate the mining sector in the feasible future, probably for decades. Eli Reinhardt, head of business development department of Findora, countered by adding that proof-of-work is secure expensive due to its computing power requirements, but proof-of-stake has not yet to be proven to be a good alternative. Chen Xiaohu, of Moac blockchain project, and Gao Haiqiang, co-founder of Lambda COO, also participated in the panel
The summit also saw a blockchain business panel and blockchain application panel. In the investment panel Scott Robinson, founder of the financial technology department of Plug and Play; Zhang Linrong, founder of the To Da Moon Crypto Lounge; Zhang Yiyun, the founder of the Geekbeans Capital; Zhang Xun, the founder of Linkdada; and Dmitriy Berenzon of Zenith Ventures were other speakers in the panel that discussed blockchain business strategies in the US and China. In the blockchain application panel, Stanford AFT Lab senior researcher Jonathan Padilla and Vite Labs product and growth department head Francesco Biscardi joined other global speakers in discussing the application trends and challenges of blockchain.
OKEx Launches OKB Ecosystem Monthly Report: Expands 5 C2C Markets and 36 New Use Cases
On Dec 10 2019, the world leading crypto exchange OKEx launched OKB Ecosystem Monthly Report. According to the report, OKB ecosystem made great progress mainly on two aspects: transaction and new use cases expanding.
OKB is newly listed on five C2C exchanges covering major countries and areas recently. In addition to that, the number of OKB new use cases reached 36, including 11 platform-empowered use cases and 25 external use cases.
Besides, through a buy-back & burn scheme and the token economy model, OKB is now ranked among the top 20 global cryptocurrencies by market capitalization with approx. USD110 million daily average trading volume in C2C market.
Now, OKB is being turned into a global token. Thus, to occupy the C2C market, the first step for users to get into crypto world is crucial. OKB is now on OKEx C2C market, accounting for approx. USD110 million daily average trading volume from tens of thousands of users.
Besides, OKB is also listed on ALINIEX, Bvnex, two major C2C exchanges in Vietnam and Bitsonic, Probit, two major C2C exchanges in South Korea.
Apart from expanding transaction methods, OKB also made huge improvement in expanding use cases. The report shows that the number of OKB platform-empowered use cases has increased to 11 and teamed up with 25 partners to build the OKB ecosystem, which means, OKB is not only a token based on OKEx, the native token on the soon-released OKChain and OKDEx and the only accepted token for OKEx jumpstart, but also expanded to other industries, like network security (Slowmist, Beosin, Certik), finance service (13 platforms including LinkEye, Molecular Future, etc.) and lifestyle (9 platforms including Tripio, BitTorrent, etc.)
For example, OKB holders can book their stay at 450,000+ hotels worldwide with OKB on Tripio, the world’s first decentralized travel booking marketplace based on blockchain.
At the end of the report, it also disclosed some details of OKChain and OKDEx. OKChain is currently at the final development stage and its testnet will be launched soon. As the first Defi application OKDEx will also be available on OKChain by that time.
ANSYS Accelerates Electronic Product Design And Signoff For Global Custom ASIC Leader
Global Unichip Corp. (GUC), the global custom application-specific integrated circuit (ASIC) leader, has adopted ANSYS (NASDAQ: ANSS) to support its unmatched combination of advanced technology, low-power and embedded CPU design capabilities.
Providing advanced ASIC services that meet the needs of today’s innovative technology enterprises requires a fast introduction, timely resolution to customer problems and successful signoff. GUC selected ANSYS® RedHawk-SC™ to support the significant needs of its customers by effectively executing designs with more than one billion device instances and completing the full-chip systems-on-chip (SoC) power integrity and reliability signoff in less than two days.
ANSYS RedHawk-SC is built on ANSYS® SeaScape™ — the world’s first custom-designed, big data architecture for electronic system design and simulation. ANSYS SeaScape features big data architecture for electronic system design and simulation and provides elastic compute scalability to enable rapid design iteration, increased scenario coverage and greater accuracy for full-chip SoC signoff for advanced nodes. ANSYS RedHawk-SC’s actionable analytics provide designers with key insights to prioritize design fixes and enable easy viewing and querying of large design databases in minutes for faster debugging. Efficient hardware utilization makes the platform ideally suited for high-performance computing, artificial intelligence and datacenter applications.
“GUC is committed to providing world-class custom ASICs to help elevate prospective systems and integrated circuit (IC) companies’ market-leading positions,” said Louis Lin, senior vice president, GUC. “As IC manufacturing processes become more complex, there are more elements to simulate and compute during chip design and verification to ensure reliability and minimize power loss. ANSYS helps us minimize this complexity, speed our time to market and reduce development costs. Our partnership with ANSYS has been a cornerstone in helping our clients succeed in the IC market.”
“As a custom ASIC leader, GUC requires cutting-edge solutions for fast and accurate results,” said John Lee, vice president and general manager, semiconductor business unit at ANSYS. “RedHawk-SC meets the market’s unique needs for addressing multiphysics challenges — we are seeing an influx of customers deploying RedHawk-SC for the most complex product and design signoff.”
SOURCE ANSYS, Inc.
The first global, stabilised, digital currency controlled by its holders, SAGA (SGA) lists on global cryptocurrency exchange Liquid
Global cryptocurrency platform “Liquid.com” today announced that it is the first exchange to list Saga token (SGA) for secondary trading.
SGA is the first global, stabilised, digital currency controlled by its holders and will allow global citizens to store and move value without friction across borders. It complements existing national currencies and offers a store of value outside the remit of national government and banking structures.
In order for SGA to serve as a global currency, it is fully backed by a strong basket of national currencies that replicate the International Monetary Fund’s SDR. Based on the SGA’s market movements, measured by the number of tokens issued, the Saga monetary model will gradually diminish reliance on the reserve as users’ confidence in SGA grows. Together, these measures are designed and implemented to reduce price volatility while allowing SGA to grow beyond a simple fiat-backed / pegged stablecoin.
SGA holders will also be the masters of the currency and, as a result, they will govern the Saga economy through a variety of voting mechanisms, designed to facilitate genuine representation of participants – balancing between identity and stake – and to generate long-term success for the currency. Holders will have to undergo an online Know Your Customer (KYC) process that ensures compliance within Anti-Money Laundering (AML) standards while maintaining their privacy.
The Saga token will initially be traded against the USD, Bitcoin and Ethereum, while more trading pairs are expected in the future.
“After in-depth conversations with our advisors and months of carrying out our own market research, we decided that Liquid is the ideal exchange partner for Saga. Liquid is one of the largest and most reputable cryptocurrency exchanges, offering customers a secure way to trade and hold SGA,” said Saga Founder Ido Sadeh Man. “Listing SGA on Liquid is an important milestone in bringing the Saga token to market.”
“We are delighted to offer Liquid customers the opportunity to buy and trade SGA. We believe SGA offers our traders an interesting opportunity as we see great value in Saga’s approach of replicating the mechanics of central bank national currencies and applying them on a global scale,” said Liquid’s CEO and co-founder, Mike Kayamori. “At Liquid, our core values are transparency and compliance, and as these are two key properties of SGA, a partnership between Liquid and Saga was a natural match.”
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