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

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Summary

It was another eventful week as the IOST US team attended Blockchain Week NYC. Our first NYC meetup was an incredible success and Co-Founder Jimmy’s speeches at several events during the week were extremely well received. Additionally IOST was listed on a new exchange, received impressive coverage on a number of major Korean outlets, and continued to make strong development progress. Read on for more!

International Development

United States

On May 14th, the Internet of Services Foundation held our first New York meetup with co-sponsorship by Hydro Protocol, 8 Decimal Capital, Badwater Capital and Nirvana Capital attracted over 200 blockchain industry professionals, investors and enthusiasts and was hailed as one of the more popular events during New York blockchain week.

The IOST US Team with Co-Founders and Advisor Yusen Dai

IOST Co-Founder Jimmy Zhong with Ripple & Stellar Co-Founder Jed McCaleb

Jimmy giving remarks at the event

The view from the event was pretty spectacular!

The meetup was catered by Hawaiian salad brand Pokee. Pokee was the first American restaurant to accept IOST as a payment method!

On May 18th, IOST co-founder Jimmy was invited to attend the New York Blockchain Center Technology and Investment summit in New York. At the summit, Jimmy gave a keynote speech on the core technology of IOST and stated that IOST hopes to use PoB and other technology advantages to become the next-generation of blockchain technology.

Jimmy’s speech was extremely well received and afterwards he was approached by several groups asking for further technical discussion and expressing their intention to seek future collaborations. After the summit, Jimmy had a brief interview with youtube influencer Crypto Beadles and spoke about the IOST strategy over the next 2 quarters.

Korea

IOST co-founder Jimmy Zhong conducted an exclusive interview with Korean popular YouTube channel Coinsight this week, the interview can be found here with english subtitles.

In the interview, Jimmy analyzed the technical similarities and differences between IOST and other public-linked projects. He also announced the expected release dates for the testnet and mainnet.

In addition, there were a number of mainstream media reports on IOST in Korea this week.