The Internet of Services Foundation is developing a next-generation, scalable blockchain that will be able to handle the throughput necessary for mass adoption. Its openness, ultra-high TPS, privacy protection, scalability, security, and adoption of many pioneer innovations provide infinite new possibilities for online service providers to serve their customer base.

Learn more about us on our website and interact with the team on our telegram .

Conclusion of the Slogan Contest

Thank you to all our participants! We received over 2,000 entries for the slogan contest and our team had a great time reading through all of the submissions. Some of the slogans did not meet the criteria for submission and therefore were removed from the drawing. As hard as it was to choose, at the end of the day there were 3 slogans that we felt captured the message we are trying to spread. (In order for winners to claim their IOST, they will need to private message our official twitter, @iostoken, with their public wallet address).

The Top 3 submissions were:

First Place — 100,000 IOST. @pkdaveton

“Redefining the Future of E-commerce”

Second Place — 50,000 IOST. @bibryam

“Blockchain Services at Enterprise Scale”

Third Place — 25,000 IOST. @RevPty

“Building the Infrastructure for the Businesses of Tomorrow”

You can find the article with all the winners here.

Developer Update

1. [Transactions] Transaction deployment and execution on blockchain testing complete. Signature verification of endorsing peers and parsing the payload are in implementation.

2. [Nodes] Delivery service module testing finished. End-user functionality of node is being implemented now. The design of data dissemination mechanism’s is finalized.

3. [Ledger] All State modules and transition modules are implementing. The ordering service is being scoped with ordering service API. Supporting channel, a shared communication channel, of the service will be the next step.

4. [Build Tool] Build tool and command line interface is implementing now. It’s optimized for endorsement, validation, and network/channel management.

Shanghai Blockchain Conference

Terry attended the Shanghai Blockchain Conference with advisor Ken Huang. While there he presented the PoB consensus protocol and discussed how it is shaping the future of consensus mechanism in blockchains with Toufi Saliba — CEO of Toda-Algorand, Siam — Founder of 0Chain, and Haoming Xu — Founder of CyberVein.