Dear DeepBrain Chain Community Members,

Hello again and welcome back to the newest DeepBrain Chain report. Check out details from the last couple weeks, with highlights below.

1. Product Development Progress

DBChain.ai now supports Microsoft OneDrive cloud storage, realizing automatic bi-directional synchronization of data, as well as realizing multiple servers synchronizing data with cloud storage; Added python367 virtual environment, support pytorch1.2 version; Added multiple ngrok nodes, strengthening the system’s robustness; Testing PayPal function, preparing to support overseas cloud platform based on DBChain.ai; Fixed the bug of DBC amount as 0 on dbctrade; Finished developing free docker RAM management, CPU management, HD management functions. Will start integration tests next week; Supported multiple AI cloud platform and AI mining pool’s deployment.

2. Marketing Progress

Since DBChain.ai launched in mid August, the number of users has grown by more than 80 times and it is still growing; we anticipate that by Q4 2020 our network and user scale can reach top 10 in China’s AI cloud server providers; so far, the total times of machines being used to train a task is near 50,000 and the accumulation of usage time is near 100,000 hours. Right now AI cloud platforms that are based on DBC’s GPU network are still growing, so far we have nearly 30 platforms all over the world. We also expect this to be one way of DBC acquiring more users and coverage.

3. Ecosystem Building

DeepBrain Chain held a strategic collaboration meeting with ASUS at their headquarter in Taipei, Taiwan on the 14th of November, topics of discussion included:

Seeing that DBChain.ai has accumulated users very quickly since its launching, ASUS is considering working with us in the computing power business; Target markets will include: AI traffic platforms, training market and higher education market; ASUS will be providing DBC’s mining pool, miners and machines in the ecosystem service and warranty support, to help the IDC center in China Mobile’s Xining(Capital of Qinghai Province) location run 24x7; Once our AI Mining Pool Agreement is finalized, ASUS’s GPUs will be moving into Xining IDC to provide for more compute power demands.

4. Community and Main Chain

An update in regards to the main chain and staking. Due to recent developments and code revision with Parity Technologies, we are still waiting for the best course of action. At this point it doesn’t make much sense to provide any specific date for release.

However we can say this, prepare your DBC for the upcoming token swap by removing them from exchanges and storing them in your NEP5 wallet. Ledger, Neon V2 etc. This will make the transition the quickest for you.

We anticipate to still begin the token swap by end of 2019. Some of you may not be aware that we are submitting for development initatives with Web3 Foundation. Given our current proposal outline (which will be made public soon via their Github) it’s likely that staking will now not commence for the public until after token swap has begun. Likely January.

While we are slightly delayed, please understand these things can happen. The core teams focus is still on the AI training net, the product — we can’t rush the integration of something so integral as to how that product will be utilized.

If you are a large holder of DBC, we recommend you get in touch with the admins via Telegram to join the closed group and stay up to date with what’s going on with key developments.

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About DeepBrain Chain

DeepBrain Chain is the world‘s first AI computing platform driven by blockchain. It uses blockchain technology to help AI companies save up to 70% of computing costs while protecting data privacy in AI training. Its vision is to build a “Decentralized AI Cloud Computing Platform”.

Yours sincerely,

The DeepBrain Chain Team

www.dbc.team