On November 9th, Dr. Pei Sai Fan, the former Director of the MAS Academy of Singapore, published a signed article “Making Regulations to Build Digital Finance and Digital Trade” in Singapore’s Lianhe Morning News. The article interprets Singapore’s new financial regulations: digital assets will be fully incorporated into financial regulations. Dr. Pei Sai Fan said that Singapore, as an important node of global and Asia technology and innovation, brings together global technology and talents, and has the ability and necessary conditions to support the integrated and coordinated development of digital economy and trade in Asia and the world. The two projects MeshBox and SmartMesh were highlighted by Dr. Pei Sai Fan as fintech projects symbolizing Singapore’s innovation and tolerance. The article was published and reposted by many media such as Mars Finance and Caixin in Mainland China.
Professor David Lee, the vice chairman of the Singapore Economic Association, delivered an important speech entitled “The Driving Force and Accelerator of the Fourth Industrial Revolution” at the 6th (2020) International Conference on Fintech. The speech mentioned the MeshBox and SmartMesh projects, and that the decentralized communication architecture being developed by MeshBox and SmartMesh can be a driving force of the fourth industrial revolution.
The following is our recent work in detail:
Software development
1. Added the automatic restart of the alfred process;
2. Banner increases CPU RAM disk information;
3. Fix the udp memory leak problem in update_domain_interval.
Software tests
newest version update:
MeshBox-Maxwell v1.2.5.949
MeshBox-Tesla v2.2.5.950
MeshBox-Turing v3.2.5.951
Added the automatic restart of the alfred process;
Banner increases CPU RAM disk information;
Fix the udp memory leak problem in update_domain_interval.
Tested the MeshBox DApp.
Hardware
Researched the contents of the Trusted Execution Environment
Research and test instant messaging, file sharing and other software that can be used in an Intranet or no network environment to enrich the applications in the MeshBox ecosystem.
The specific work of business marketing is as follows:
- On November 9th, Dr. Pei Sai Fan, the former Director of the MAS Academy of Singapore, published a signed article “Making Regulations to Build Digital Finance and Digital Trade” in Singapore’s Lianhe Morning News. The article interprets Singapore’s new financial regulations: digital assets will be fully incorporated into financial regulations. Dr. Pei Sai Fan said that Singapore, as an important node of global and Asia technology and innovation, brings together global technology and talents, and has the ability and necessary conditions to support the integrated and coordinated development of digital economy and trade in Asia and the world. The two projects MeshBox and SmartMesh were highlighted by Dr. Pei Sai Fan as fintech projects symbolizing Singapore’s innovation and tolerance. The article was published and reposted by many media such as Mars Finance and Caixin in Mainland China.
A good example is SmartMesh’s Ground Space Integration Network. Wang Qiheng, the founder and president from China, settled in Singapore in 2017, and actively promotes the integration of space and ground network, which is composed of satellite Internet and MeshBox on the ground, hoping to bring inclusive communications to 56% of the world’s population who currently do not have access to Internet.
For the first time in human history, the Ground Space Integration Network will allow mobile phones to issue transactions without an internet connection, payments with both sides being offline, and allows digital currency to be traded for cash. Payments and other basic financial services can still be completed when there is no internet connection.
The Ground Space Integration Network will assist the Asian Development Bank, starting from Southeast Asia, and ultimately linking the entire Asia, using satellite networks to link all remote areas and islands, and then using “decentralized or distributed finance” (DeFi), provide basic financial services to vulnerable social groups without bank accounts.
- MeshBox MBOX NFT Swap and subsequent MBOX Staking for DeFi Yield Farming Launch has been announced, and details will soon follow. The new community has been established and the smart-contracts are under audit. This morning, MeshBox CEO Peter, consultant Professor David Lee and Singapore lawyers had a meeting to work out the compliance of the launch.Note that persons and entities in USA, China, and Singapore, are NOT eligible to participate in the MBOX NFT swap, and subsequently the MeshBox Yield Farming process. Interested participants will undergo a KYC process to enforce such eligibility.
- Professor David Lee, the vice chairman of the Singapore Economic Association, delivered an important speech entitled “The Driving Force and Accelerator of the Fourth Industrial Revolution” at the 6th (2020) International Conference on Fintech. The speech mentioned the MeshBox and SmartMesh projects, and that the point-to-point communication project made by MeshBox and SmartMesh can be a driving force of the fourth industrial revolution.
3. The MeshBox global marketing team is actively promoting the upcoming MBOX NFT Swap and subsequent DeFi launch. The global community (Telegram Group) held an AMA live Q&A activity on November 10, 2020. Dr. Peter Yan, CEO of MeshBox project, answered questions from interested community members.
Dr. Peter Yan said: The MeshBox project will cooperate with local operators in Indonesia, the Philippines, Malaysia, Brunei, Singapore and other countries for deployment, with a new business model (MeshBox MBOX NFT Swap and subsequent MBOX Staking for DeFi Yield Farming model). This will bring liquidity providers more benefits, provide inclusive Internet infrastructure and services for local people, and improve the value of Internet applications.
