#Achain Bi-Weekly Update (6/1–6/15)

Business Development

The number of contracts on Achain is 130.
ACT will launch on the OOOBTC exchange next week.
Established a partnership with LanceChain to develop a 0% commission freelance hiring platform based on blockchain technology.
Reached a strategic cooperation agreement with Allcoin, where Allcoin will list all future Achain ecosystem projects.

Core Development

Began preparations for cross-chain functionality; initiated study of the 0x Project and Interledger cross-chain protocols. Studied mainstream cross-chain mechanisms (Notary schemes, Side-chains/relays, Hash-locking) and prepared design ideas.
De-bugged Lite Wallet for official release.
Added LNT and ECT to asset pipeline.
Performed Github and community maintenance.
Added address list and rankings to the Achain browser/block explorer.
Completed analysis of “key processing” process code.


Released Lite Wallet 2.0.0, now available for download from the official website.
Deployed the Lite Wallet price list server.


The third snapshot of the fifth phase of the lock-in plan was completed with 5,978 active participants and 103,535,078 ACTs committed to the loyalty program.

On June 14th, 2018, Huobi and Achain co-sponsored the “Block Chains” event and — stop №6 on this mobile roadshow was held at Achain headquarters. Accompanied by Achain’s product and technology leaders, Achain founder Cui Meng met with a diverse group of attendees Along with representatives from Indodax exchange, Indonesian Community Representatives Fahmi, Yuehai, Merlina led a meeting for investors and developers.
Indian community volunteer Prasenjeet hosted a Meetup in Mumbai, India.

In collaboration with enterprises and groups including IBM and Penta, US community representatives launched the World Blockchain Hackathon in the Bay Area (USA), an event that will showcase Achain technology.

U.S. community representatives participated in CPC (Cryptic2018.com) and communicated with investors and projects in attendance.

U.S. community representatives participated in the Women in Fintech event at the Robinhood HQ in Menlo Park, California.

Achain was invited to the GBLS 2018 Global Sleepless Blockchain Leaders Summit and won the Most Promising Blockchain award. (https://blockmanity.com/news/press-release/achain-won-promising-blockchain-award-global-sleepless-blockchain-leaders-summit/)

Achain’s Goopal Group was awarded a $12 million investment in A++.

Achain attended and presented at the “2018 Korea Blockchain” Conference. After the meeting, the Achain representative held a meet up for the conference attendees.

U.S. community representatives participated in the Blockchain for Social Impact meet-up and followed up on U.S. university blockchain technology cooperation related issues.

On June 6th, 2018, Achain founder Cui Meng announced his candidacy for the role of the “Huobi Chain” (Fire Coin) Global Leader.

The winning video entry of the Achain bounty campaign — “Achain Ecology is Everywhere” Click the link below to watch: https://www.youtube.com/watch?v=Jwfd3jyT70A&t=13s (Source: https://m.youtube.com/watch?v=Aoew23bxTYg)

Categories: Achain News

1 Comment

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