- 2018-05-22SilkChain Indonesia Roadshow Triggered Investment Boom
SilkChain, the world's first blockchain project dedicated to improving international trade, has met investors in Jakarta, Indonesia. Qing Yi, the CEO of SilkChain; Djunaidi Lie, the CEO of PT Paloma Shopway (Paloma) and also the Vice President of ITDC; Steven Suhadi, the President of the Indonesian blockchain association; Teky Mailoa, the CEO of asset management of Sinarmas Land; and nearly one hundred other guests attended investment roadshow to discuss the development of blockchain.
- 2018-05-21SilkChain Investment & Partnership Presentation in Indonesia
- 2018-05-03SilkChain Lauded at World Blockchain Conference by Yehoshua Westover
MACAU, May 3, 2018 /PRNewswire/ -- SilkChain, the world's first blockchain project dedicated to improving global trade, has won recognition from visionary angel investor Yehoshua Westover at the first World Blockchain Conference for its potentially disruptive role in international commerce.
- 2018-04-11Visions for the Future: 'New Retail': A new concept or a new trend?
One of this morning's sessions focused on the concept of "new retail" -- or the integration of online, offline, logistics and data across a single value chain. The guests looked at how new technologies are changing traditional e-commerce. Some also talked about bringing Chinese products and services overseas, especially those involved in the Belt & Road initiative.
Completed the functions of “order matching”, “silk smart contract”, live message”, “smart translating”, “business information”, “silkchain introduction”, “silkpower mission”, “silkpower ranking”, “referral invitation”, “silk details”, “rebates of wallet usage”, “rebates of shopping”“silk token wallet”“user incentive system” The silk application-B2C buyer version,named “E-dragon” will be released to the google play store and the apple store within this week.
1. Completed the function of sending pictures in lucky pocket and receiving the lucky poket before login, optimize style presentation and experience issues. 2. Completed the third-party API development for official wallets. 3. Completed the wallet verification code short message service provider SMS docking. 4. Completed the development of the second level display page of the Chinese official website of PC and mobile. 5. Completed the development and test of GuGe 2FA verification. 6. Adjusted
1. Wallet background Google secondary verification development. 2. Completed the development of wallet background KYC verification code verification function. 3. The continuous optimization of multi-language in the background of wallet. 4. SilkChain supports third-party authorization login development tests. 5. Finished the setting of the backstage of SilkChain. 6. Completed the development of the recommended agent link of REF which is limited to 10 and the official website & wallet backgroun
SilkChain is the first blockchain project dedicated to improving international trade. Silk represented the common currency in ancient international trade. SilkChain is a Decentralized Autonomous Organization, or DAO, in where Silk represents the digital token.
Founded in Singapore in 2017, ITDC has jurisdiction over the International Digitalization Trade Foundation and is committed to establishing a decentralized global digital free trade zone. ITDC applies blockchain technology to develop a new generation of platform with smart contract. And here, named this network the SilkChain.
Credit problem is the main issue in international trade industry, especially for small and medium sized enterprises or merchants who unable to obtain bank letters of credit. The credit problem among the merchants leads to the difficulty of large and efficient trade occur. The credit problem between merchants and financial institutions leads to the difficulty in introducing financial leverage, high occupancy rate, and low circulation rate. These are the main reasons for the stagnation of the international trade industry for many years. Only by breaking centralized organizations around the world and establishing decentralized autonomous organization(DAO)as well as global decentralized business credit eco-system can the development of international trade be fundamentally promoted.
The current centralized system of credit service provider is an information island, which has independent data structure, data ownership regime, and no public security mechanism that unable to reach a global unified interconnection and mutual trust. Applying the idea of blockchain can build a share, interconnected, trust, measurable, and global unified credit system that a decentralized alliance solves the problems of regime, data structure standard solves the problem of interconnection, smart contract solves the problem of mutual trust, and introducing token solves the problem of the value of information interchange transmission.
In the base layer, using increasingly mature technology of public blockchain to lay down a smart contract template and data structure standard for fulfilling the industry standards. Authenticity endorsed by trusted nodes to provide information and cannot be tampered with or denial of consensus, issuing digital certification to ensure the value of information transmission.
In the middle layer, design a series of mechanism, including general API access across the blockchain, smart contract and data separation, reliable blockchain of external business logic execution environment, and message driven asynchronous intelligent contract, visual intelligent contract editor and validator that can make a large number of current internet industry applications move to blockchain industry quickly.
In the application layer, rely on alliance partners of SilkChain, establish a credit big data system of decentralized global merchants, then establish credit based payment service, supply chain finance service, B2B trade service, and decentralized application of insurance and factoring services to graft all industry ecology, expand the industry as a whole increment, and accelerate the stock transfer from traditional trade to digital trade.
SilkChain Decentralized Global Free Trade Zone
In 10300 marketplaces around the world, there are conglomerates, wholesale markets, logistics companies, traders from more than 20 countries, gathering tens of millions scale of user capacity. The founding team or the first partners of SilkChain are the initial investors, consumers to drive SilkChain to be applied.
Paloma was founded as a distribution company using tiered sales system or better known as MLM(Multi-Level Marketing). Paloma brings quality products that meet the needs and wishes of the Indonesian women to all corners.
Bahrain Dragon City
Annual turnover reaches $200 millions, with more than 500 merchants, and the average daily flow rate reaches 30,000.
As an integrated solution provider for international trade and transportation, Great Way has more than 80,000 overseas business channel resources with annual container capacity of 90,000 TEU.
SilkChain has tens of millions scale community
Tens of Millions Followers
ERC20 based Ethereum token issuance.
Launch of SilkChain 1.0 Testnet, supporting sBFT consensus, reaching 500 tps.
Launch of cross-chain unified API TurboSDK, supporting Ethereum and SilkChain 1.0 Testnet.
Launch of WYSIWYG BPMN editor TurboBPMN, supporting Ethereum and SilkChain 1.0 Testnet.
DApps based on Ethereum available for testing.
Launch of cross-chain digital assets transfer protocol DATP.
Launch of SilkChain 1.0 Mainnet, supporting multi smart contract tiers, integration of CryptoApps, more pluggable consensus mechanisms, reaching 2000 tps.
Launch of CryptoApps specifications and CryptoApps store.
Launch of SilkCredit based on SilkChain 1.0.
TurboSDK and TurboBPMN supporting for EOS, SilkChain 2.0 preview.
Launch of SilkFinance, SilkExchange.
Launch of SilkContract, SilkSupply, SilkB2B.
Launch of SilkChain 2.0, reaching 10000 tps.
Launch of BaaS platform.
Launch of other DApps developed by community partners.