Achain Bi Weekly Update – August 01-14. 2018

Business Development

  • The current number of contracts on Achain is 143.
  • ACT is on the Indian exchange Zecoex, which includes USDT/ACT and BTC/ACT trading pairs. In addition, Zecoex offers Euro, Sterling and USD deposits for HSBC account holders, as well as an OTC service for retail buyers.
  • The Chinese open source technology community and Achain have reached an agreement to establish an Achain technology community to jointly promote the research, innovation and development of blockchain technology.
  • The Alabs Blockchain Institute and the GOMA Blockchain Institute established a strategic cooperation program.
  • Welcome HELUSS, a new member to the Achain Dapp family! The Canadian project HELUSS has selected Achain as partner to use blockchain technology for insurance claims management applications built on smart contracts and artificial intelligence .

Core Development

  • We decided that Java would be our chosen technical solution to write the first relayer.
  • Achain’s new official website has reached the final stages of development.
  • ALabs promotion business has been put into use.
  • The prototype of the ALabs wallet design has been completed and is ready for development.
  • Plans for the revision of the Lite wallet have been determined, with the project now prepared to enter the design stage of development.

Community

  • The ALab research institute has launched the ABlock chain product. Media related report link: http://m.huoxing24.com/newsdetail/20180730110158453345.html?from=groupmessage
  • ALabs (achainlabs.com) is a blockchain frontier technology research institute. It is committed to building an efficient blockchain network for cutting-edge technology. This includes advances in blockchain underlying technology, blockchain expansion, and blockchain management. ABlock is a blockchain-based application created by ALabs to provide users with a service platform that quickly builds blockchains..
  • Achain’s “Ask Me Anything” event was conducted (in English) on Reddit.
  • Achain has entered into a strategic partnership with UniFox. Currently, UniFox operates on more than 26 million PAX terminals. This partnership will offer Achain exposure throughout Europe.
  • The head of the Achain Indian community met with Akash Aggarwal, CEO of the Alluma Exchange in India, to explore possibilities for strategic cooperation.
  • The LBank public chain campaign is less than two days away from close. The Achain community can rally to win the vote. ACT has trading pairs on LBank with zero trading fees during the remainder of the contest. To participate and help Achain secure its own trading zone on LBank check out the campaign link below. Public chain campaign time: 2018–08–03, 16:00:00–2018–08–17, 14:00:00

Campaign link: https://www.lbank.io/compete.html

  • Holders of Huobi Token have the right to participate in the Firecoin public chain election which has entered the sprint stage. With the full support of the Achian community, Tony Cui is currently one of the top two candidates. Voting ends in less then 10 days, and we trust that the Achain team will continue to support Tony Cui and push him over the top!

Voting link: https://www.hbg.com/zh-cn/vote-activity/item/?p=1&id=1

  • The 3rd snapshot of the 7th Loyalty Program was completed. The effective number of participants was 6,467, with a cumulative 118,690,718 ACT.
  • The Canadian Achain dapp, HELUSS, will give back to the community and will conduct a 1:1 airdrop for users participating in the seventh phase of the Achain Loyalty Program. The airdrop reward will be delivered with monthly ACT distributions. For more info: https://www.achain.com/loyaltyprogram.html
  • Achain participated in the Silicon Valley SYNCO2018 Decode Innovation Conference.
  • Achain’s Silicon Valley community participates in the Xhub Blockchain Club Night for technical exchanges with attendees.
  • Achain Indian community representatives participated in the 2018 International Blockchain Congress in Hyderabad and had technical exchanges with NITI Aayog, (The National Institution for Transforming India)

 

 

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