Welcome to read the 23rd Weekly Publication of CCHN Project Progress（08/12–14/12）Celes Chain as the first DPoW financial organized public chain uses the consensus mechanism 3.0. This public chain creates a chance for the financial institutions to innovate their financial applications on the chain.

Technological Progress

CelesOS Major Network

Completing 80 % of Celesos developer files by using gitbook and currently build local services and view files through a browser (we currently complete about 139 pages).

CelesOS Test Network

We have sorted out the existing interface of EOS, and outputted test demo and interface document.

The development of self-service account creation has completed 90% in the CelesOS Test Network, and it is expected to be tested next week.

Relevant Process of Main Network Startup

Complete the statistical function of DBP activity.

Complete the interface between DBP chain and contract, and improve contract related logic.

The function of generating and verifying the random number of the system is basically completed.

Application of DAPP-dochat

Mainly bug fix for V1.1version

Complete bug fix of message when you press menu for a long time.

Business Cards

1 ) Added USD switching function;

2 ) In addition to own business card, we hide the blockchain account, regardless of the length of it, the format is: initial characters + 11 digits *, example: a * * * * * * * * * * *;

3 ) The V logo is more conspicuous, and the business card is added with “ Dochat Verified” and “ Dochat Not Verified”;

4 ) Enlarge the business card switching area;

5）When checking their business cards, and if they are not verified, blockchain accounts will be hidden. Blockchain accounts of not verified users will be hidden; While the verified account has the V logo.

2. Ranking

In addition to own ranking, we hide the blockchain account, regardless of the length of it, the format is: initial characters + 11 digits *, example: a * * * * * * * * * * *;

Modification of the amount unit；

Adding loading suspended window when the ranking table is loaded；

Blockchain accounts of unauthenticated users will be hidden.

Chat

1) Adding the second confirmation prompt box in the withdrawal operation and the location of the prompt message after withdrawal；

2）Bug fix: the history message when you press menu for a long time (copy/forward/delete/withdraw) overlaps with the head portrait.

Assessment Progress

Celes added two new overseas assessment agencies this week: CRYPTHENA and CRYPTORANK.

At present, there are two websites of overseas evaluation organizations, which are PRIMEICO and ICODROPS. These two websites put Celes Chain on the front page to attract many overseas users.

By the time of publication, Celes had been favored by 44 well-known assessment agencies at home and abroad. The American rating agency TrackICO scored 5 points out of 5 and the ICLINK scored as high as 4.98.

Celes has aroused enthusiastic response from the overseas communities. The organizations that assess Celes conduct comprehensive and multi-angle professional assessments in terms of projects, teams, technologies, white papers, official websites, social media, number and activity of telegraph groups, and CCHN information.

CCHN Newsletter

Attending the Seminar on AI+HI and the New Trend of Blockchain

On December 6, 2018, CelesOS Chief Scientist Michael Yeung was invited to attend a seminar on AI + HI and the New Trend of Blockchain held in Nanshan, Shenzhen. Participants were all from industry leaders of blockchains and outstanding core managers of asset management.

In the meeting, Chief Scientist Michael Yeung first proposed that blockchain is a new life form, which has been recognized and concerned by the participants. Michael Yeung believes that blockchain assets are like a life, each miner and node is like a cell on its mother, supporting the unlimited growth of this asset.

Michael Yeung also said that assets can be priced and their value will change over time. That is to say, the ratio of the expected future cash flow to the value difference at the current point in time, in other words, the ratio of converting the expected future earnings into the equivalent present value is what we often call the discount factor.

Michael Yeung, Chief Scientist Michael Yeung, put forward a new view: Blockchain is a new life form and is welcomed by many industry giants. After the meeting, many friends expressed their approval.

Finally, CelesOS Chief Scientist Michael Yeung and the guests present discussed the following questions: How to avoid the risks of information asymmetry, false propaganda, exaggerated propaganda and black box operation in the investment of digital assets? How to identify excellent digital asset managers so that they can display their historical achievements more efficiently?

2018 GLOBAL FINTECH VENTURE COMPETITION

On December 7, 2018, Shenzhen Division of the 2018 GLOBAL FINTECH VENTURE COMPETITION, under the academic guidance of PBC School of Finance, Tsinghua University, was successfully held in QIANHAI SZ-HK FUND TOWN. Michael Yeung, Chief Scientist of CelesOS, participated in the keynote speaker of the road show project and successfully completed the entire course of the road show.

▲The 2018 GLOBAL FINTECH VENTURE COMPETITION was successfully held in QIANHAI SZ-HK FUND TOWN.

In the CelesOS road show, Chief Scientist Michael Yeung gave a comprehensive explanation from the company profile, layout, strategic operation, core team and invested organizations, comprehensively displaying CelesOS’s innovation achievements and product research and development achievements in the field of financial technology innovation and application, bringing the judges and other participating institutions a vivid portrait of enterprise.

CelesOS is a new generation of blockchain operating system, integrating the latest blockchain technologies such as Cross Chain technology, DPoW consensus mechanism and legal compliance framework, aiming to increase mutual trust between institutions, reduce compliance costs and improve efficiency.

According to different scenarios and settings, public blockchain, consortium blockchain and private blockchain can be developed on CelesOS.

The team members of CelesOS have educational background at top universities such as Tsinghua University, Peking University, UC Berkeley, MIT, and Virginia Tech, and come from well-known companies such as, China Development Bank, CICC, Tencent, Huawei, etc before joining CelesOS.

The team is very familiar with and proficient in the financial industry and financial supervision, and forms a gold team combining finance, supervision and blockchain technology.

Celes would like to thank every follower for your support and love for Celes. Welcome to follow us and we will continue to broadcast more informative news about Celes. Let us witness the reform of the blockchain together.