MeshBox CEO Dr. Peter flew from Singapore to Beijing on weekends. After the busy and rewarding Singapore Fintech Festival, Dr. Peter needed to work with the team at the Beijing R&D Center to plan and deploy a new MeshBox R&D program.
Singapore FinTech Festival (SFF) and the Singapore Week of Innovation and TeCHnology (SWITCH) 2019 is a milestone for SmartMesh! At the SFF, IMDA launched a blockchain challenge called “Growing and Connecting Blockchain Business Networks (Nov 2019)” on the government website. Ubin, the government project led by MAS and IMDA, and the first blockchain Living Lab created by SUSS, SmartMesh and MeshBox were included in the official document of the challenge. Each blockchain project can apply for this document and participate in the Living Lab of the blockchain interoperability challenge. IMDA will award 50,000 to 100,000 Singapore dollars for outstanding projects!
In order to be included in the IMDA blockchain challenge document as the cornerstone project, SmartMesh and MeshBox have spent half a year’s hard work, developed the Atmosphere cross-chain project and improved the architecture and API documentation. They also demonstrated MeshBox hardware in Singapore many times.
At the SFF, SmartMesh Foundation Chairman Henry Wang and Dr Peter communicated with several world-class blockchain projects. These projects will build an ecosystem with SmartMesh and MeshBox to build the next generation Internet of Value infrastructure and inclusive applications.
Here are our specific work this week:
MeshBox system software V2.2.6 version, MeshBox APP Android and IOS V1.5 version, continue to optimize paid Internet access.
- The content of development and testing includes:
- Use a smart contract to implement a distributed billing system prototype. Smart contracts record user billing information. After the user pays, they can roam on the MeshBox in the same smart contract;
- Spectrum, Photon or WeChat payment, set by the box owner Owner through the MeshBox APP, not selected by the Internet user, simplifying the user operation steps;
- Before the payment, the user can access the Internet for free for 15 minutes. Before the payment, the user can only install the APP, user registration, photon spectrum transfer and other related network access, without limiting the time.
- The content being developed and debugged: The Tango IOS version is placed in the box, and the user can directly download the Tango version in the box, speed up the download and installation speed, and reduce the bandwidth occupied by the WAN side of the box.
- MeshBox’s main work this week: The engineering prototype has completed the high-temperature test of engineering design verification. The current Tesla prototype meets the design standard of working environment temperature. The actual work plan for FCC license is scheduled to begin in early December, and the FCC will be prepared for the test equipment.
- In the antenna section, the work of optimizing the antenna is underway and it is expected to be reached next week. A new job is the expansion of the CPU module, which is used to replace the current cpu to do double selection, and proceed to the underlying driver work and debugging of the new CPU. And according to the new cpu [faster, so the thermal power consumption is greater], the high temperature experiment to increase heat consumption will be done.
On the second day of the FinTech Festival, IMDA launched a blockchain challenge called “Growing and Connecting Blockchain Business Networks (Nov 2019)” on the government website. Ubin, the government project led by MAS and IMDA, and the first blockchain Living Lab created by SUSS, SmartMesh and MeshBox were included in the official document of the challenge.
Each blockchain project can apply for this document and participate in the Living Lab of the blockchain interoperability challenge. IMDA will award 50,000 to 100,000 Singapore dollars for outstanding projects!
In order to be included in the IMDA blockchain challenge document as the cornerstone project, SmartMesh and MeshBox have spent half a year’s hard work, developed the Atmosphere cross-chain project and improved the architecture and API documentation. They also demonstrated MeshBox hardware in Singapore many times.
At the SFF, SmartMesh Foundation Chairman Henry Wang and Dr Peter communicated with several world-class blockchain projects. These projects will build an ecosystem with SmartMesh and MeshBox to build the next generation Internet of Value infrastructure and inclusive applications.
On November 14th, Ms. Su Hui Tay, responsible for financial innovation of MAS, visited SmartMesh’s booth at the Singapore Financial Technology Centre. She hoped that SmartMesh would become Singapore’s Visionary, and MAS would also provide projects to meet Singapore’s development vision. Strong support! Ms. Su Hui Tay and Mr. Henry Wang had a working lunch. She told him that the two projects she volunteered for can be combined with SmartMesh Ecosystem. One is a machine translation system for small languages in developing countries, and the other is helping to develop education in the Philippines. Ms. Su Hui Tay also made a lot of valuable suggestions for SmartMesh’s slides.
3.On the afternoon of November 14, Mr. Henry Wang exchanged views on blockchain and global consensus with Christopher Giancarlo, Chairman of the US Commodity Futures Trading Commission (CFTC), who is known as the “cryptocurrency dad”.
SmartMesh would like to thank Professor Li Guoquan and SUSS for their invitation. Mr. Henry Wang participated in the closed meetings titled “Fostering A Global Token Ecosystem” jointly organized by the Chamber of Digital Commerce and SUSS today. Attendees included the Chairman of the US Commodity Futures Trading Commission (CFTC) Christopher Giancarlo and President Trump Economic Advisor, Patomak Global Partners CEO, former US Securities and Exchange Commission (SEC) Members Paul Atkins, Professor Li Guoquan and representatives from the United States, Britain, Singapore, China, Germany, Malaysia, Mexico, the World Bank, the Asian Development Bank and other industry representatives.
Christopher Giancarlo said that innovation solves the problem of the world. Regulation can’t run faster than innovation, but it can’t fall behind a lot. It should support innovation. He respects China’s upcoming policy of issuing digital fiat currency DCEP. He said that the US dollar’s actions must be more cautious because up to 70% of the US dollar is the reserve currency. He believes that digital fiat currency, super-sovereign digital currency and industry-based utility tokens can coexist in the free market, and each has its own meaning. His speech won applause from the audience. This is why Mr. Henry Wang and Mr. Chairman later exchanged in-depth exchanges on the token system of Internet of Value infrastructure. Both Mr. Chairman and Henry Wang believe that the emerging markets that are not yet connected to the Internet will be the main scenario for the large-scale application of blockchain technology. The space ground integration network is a major trend for human beings, and the blockchain technology is the consensus to protect world peace!
4.On November 15th, a number of projects that signed up for the IMDA Blockchain Interoperability Challenge visited SmartMesh’s booth at the Singapore Financial Technology Center to discuss business and technical details of the collaboration. As described in the IMDA documentation, the Singapore blockchain Living Lab aims to create a large ecosystem across infrastructures of the distributed storage, distributed communications, distributed computing, transactive energy and inclusive finance, supply chain finance, and scalable social applications.
5. The BrandLaureate World Brand Awards Ceremony was held on the evening of November 18th at the Hilton Nanhai Hotel in Shenzhen. SmartMesh (SMT) won the Best Brand Technology Award in 2019 as a representative of the blockchain industry, and other well-known companies such as WeBank also won the awards.
BrandLaureate represents the best brand in the world. Past winners are leaders in various fields, including well-known leaders and companies such as Apple’s father Jobs, former South African President Nelson Mandela, King Ali, former US Secretary of State Hillary Clinton, former Manchester United coach Sir Ferguson, Director Li An, Athlete Yao Ming, Facebook founder Zuckerberg, Haier, the world’s number one white household electrical appliance supplier.
