2018/1/6–2018/1/12

Dear community participants：

It’s time for the ITC weekly. Let’s take a look at the latest developments this week.

The Project Schedule

PC DEMO: Transaction verification for nodes(address verification + account validation) and pow value calculation are added into the code at the transaction phase. The data structure of transaction block is also adjusted. Next week, the transfer process processing of transaction block will be conducted for nodes and the main chain.

Node: The function of bluetooth networking single package data transfer is realized in our Android app. Performance optimization and subcontract transfer function will be on next week. The modular development of ios wallet is also under way.

Server: Based on the intelligent contract function of Ethernet, technical preparation for the future ITC public chain is in progress.

Market cooperation

Participated in Interview of Miocene

On the morning of January 12th, Lyu Xinhao, the ITC chain co-founder and Huang Zhen, the director of the Institute of Financial Law in Central University of Finance and Economics, participate in an interview held by Zhongxinjingwei. The theme of this interview is ‘Block Chain: Where is the next Blue Ocean after Bitcoin?’ They discuss about ITC’s understanding and exploration of Internet of Things data. Lyu Xinhao emphasizes that ITC advocates that the data sovereignty should belong to users.

ITC co-founder Lyu Xinhao

One of the technical talents who first learned Bitcoin blockchain in China. In 2016 he built a blockchain team in MI, focusing on solving data island problem. He is a master in hyperledger and distributed file storage system such as IPFS and so on

Interview video

http://live.weibo.com/show?id=1042152:969a482a2fcc50200308d3744a291e9a

Community Activities

Telegram Activity: One Week With Iot Chain

All members of the ITC’s official telegram group, please note that the activity ‘One Week With Iot Chain’ will be launched next Week.

We will launch different events of the activity on the ITC official Twitter and Reddit for six consecutive days. Community member who participates in any of the events has the chance to win the ITC award. Activity time is 2018/1/15:00 am EST — 2018/1/21 0:00 am EST.

For more details, visit the ITC official

Twitter: https://twitter.com/IoT_Chain

Medium :https://medium.com/@IoT_Chain/one-week-with-iot-chain-27c23d5f14ea

These are the latest progress report of the ITC project. See you next Friday.