QuarkChain Monthly Project Progress Report: July, 2020
Tags: Quarkchain Updates, Blockchain, Weekly, Quarkchain, Technology

Welcome to the 55th QuarkChain Monthly Report. This is our July issue. We will post monthly reports including development progress, monthly news, and events at the end of each month. In the future, QuarkChain strives to do better. Let’s review what happened in the past month!

QuarkChain Environmental Governance Blockchain Platform will be used for Chinese domestic construction resource management and trading.

QuarkChain reached in-depth technical cooperation with AWS.

QSwap is under development: New product of decentralized exchanges with native-token function.

DeFi games are under development.

1) Development Progress

Major Updates

1.1 Added

Added JSON RPC to support total token balance counting

Added total token balance counting script

Integrated prometheus with pyquarkchain for monitoring function

1.2 Updated

Updated weekly checkdb timeout parameter for improvement

Update devnet config to enable native token system contracts by default

Fixed transaction receipt contract address in case of rlp encoding failure

2) Recent news

2.1 QuarkChain announced a strategic cooperation with the official government to jointly develop Environment Governance Platform on Blockchain

QuarkChain announced official cooperation with an ecological department under a Chinese province government. Both parties will work together on developing an Environmental Governance Platform on Blockchain (hereinafter referred to as “EGPB”), which will be firstly used for a northwest province in China for construction resource management and trading.

Read more:

QuarkChain and Amazon Web Service reached in-depth technical cooperation and launched the Enterprise BaaS Platform

2.2 QuarkChain and Amazon Web Service reached in-depth technical cooperation and launched the Enterprise BaaS Platform

Recently, QuarkChain reached in-depth technical cooperation with Amazon Web Services (AWS) and launched an Enterprise of the high-performance and highly flexible “Blockchain as a Service” (BaaS) one-stop application platform on AWS. The clients can build applications with higher availability and more customized applications on the platform.

Read more:

QuarkChain announced a strategic cooperation with the official government to jointly develop Environment Governance Platform on Blockchain

2.3 QuarkChain open-source code will be kept in the Arctic for the next 1000 years

GitHub announced its Arctic Code Vault plan, and QuarkChain has been selected. Our open-source code will be kept in the Arctic for the next 1000 years. All public repositories are stored in the form of snapshots in Svalbard, Norway, where is also the global seed bank for the preservation of human food seeds.

3) Events

3.1 QuarkChain founder and CEO Dr. Qi Zhou introduced the next-generation DeFi platform at the 2020 On-Chain Fintech Conference in Seoul, South Korea

QuarkChain founder and CEO Dr. Qi Zhou gave a speech on building the next generation of DeFi platform. In his speech, he talked that

1. The motivation of building next generation of DeFi platform

2. Challenges and opportunities

3. Contributions QuarkChain makes to the revolution

Click here to watch the full video:

3.2 CryptoMurMur Interview with Qi Zhou

QuarkChain participated in the 2020 On-Chain Fintech online conference held in Seoul, South Korea, on July 24th. QuarkChain founder and CEO Dr. Qi Zhou attended the conference in the form of video connection and gave a speech titled “Building the next-generation DeFi platform” online sharing.

The purpose of this conference is to discuss how applications on the blockchain will affect the future development of financial technology. Korean relevant associations in the economic field, regulatory agencies, several major banks, and global Internet companies all attended the meeting. The conference topics covered many financial technology fields. NH Nonghyup Bank, Seoul City Council, Woori Bank, Hana Bank, Corporate Bank, Shinhan Financial Group, Visa Korea, IBM, City Bank, etc. attended the conference. In addition to online participation, more than 200 people attended the event on-site.

Read more: QuarkChain shared its unique DeFi technology at On-Chain Financial Technology Conference in Korea

Watch the full video: Qi Zhou’s talk on the On-Chain Financial Technology Conference in Korea: Building Next Generation of DeFi Platform

3.3 QuarkChain Korean community held a quiz contest, and the number of the community doubled

For Korea community, we held a quiz event for 5days. The quiz consisted of 10 difficult questions about the latest updates of QuarkChain, and a total of 50 people with perfect scores or most referrals were awarded. Despite the difficult mission, more than 400 people participated, and the number of Korean community members has doubled, which is expected to attract more attention from the Korean community in the future.

4) Upcoming Events

4.1 #3 Bounty program with millions of QKC reward pool will be launched in August

In August, #3 round of the QuarkChain bounty program will be held, cooperating with the #1 round of token auctions. Participants will have the opportunity to share millions of QKC reward.

4.2 The first phase of QuarkChain’s DeFi campaign will be live in August. Users can experience the multi-native token issuance auction and transaction.

In August, we will launch the first phase of the DeFi campaigns. All the community members are welcomed to participate to create your multi-native tokens through bidding. Regardless of whether you win the bidding or not, all participants will receive rewards.

5) FYI

Thanks for reading this report. QuarkChain always appreciates your support and company.

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