What is the use of the BBN token in your business model?

“We are planning a series of applications in the big data and AI industry and hope to involve spending BBN to purchase our and our partners’ services.”

The roadmap ends at July 2018 with “DVN First Application Online”, what are the future plans for Banyan Network after Q2 2018?

“We will explore more applications that can be landed for immediately usage and can resolve the trust issue using blockchain technology. The roadmap will become clear in the end of Q2 2018.”

“We have a 3-step strategic roadmap, first dApps, then protocol, and finally a platform leading to an ecosystem. Our timeline is to have the first dApp released in Q3 2018, protocol released in Q1 2019, and platform released by the end of 2019.”

Data is the future, how does Banyan Network stand out compared to other (Big) Data projects?

“One of our competitive edge is the super data sources we have currently connected. We have data sources from government, major payment and financial industry, and large telecom companies. We can provide many rare data resources to our partners and customers.”

“We will make sure to apply our 3 laws of data value in our 3-step strategic road map (dApp, protocol, and platform).”

You seem to have strong connections to UnionPay Smart (Kelvin Long, Shannon Zhao and Ryan Gao). I’m following the Telegram group as much as I can, from what I understand is that UnionPay does not like all partnerships to be made public. Why is that and how are Banyan Network and UnionPay Smart of importance to each other in the business partnership?

“We do have a very strong connection with UnionPay Smart since it was co-founded by Kelvin. UnionPay Smart and many other super data sources are among our close partners, however, in the contract with such partners, it’s clearly indicated not to use their brand name such as UnionPay or UnionPay Smart in any shape or way as all these large companies do not like to be in the PR under the dark without their formal marketing department’s approval. Thus, we don’t want to actively market this kind of partnership.”

“One of our competitive edge is the super data sources we have currently connected. We have data sources from government, major payment and financial industry, and large telecom companies. We can provide many rare data resources to our partners and customers.”

Another thing that caught my eye, Loopring and HPB are angel investors (I like that a lot!). But Daniel Wang (CEO of Loopring) and Bob Wang (CEO of HPB) are also advisors to the team, how is Banyan Network related to Loopring/HPB, and how will the projects cooperate?

“Both Daniel Wang and Bob are good friends of Kelvin. Kelvin has provided a lot of support for HPB in its early days as an adviser. BBN is looking to be one of the first applications on HPB’s platform. BBN and HPB have announced the strategic partnership in March 2018. BBN and Loopring are currently exploring a strategic partnership.”

For now you are using Ethereum, but you hinted towards AntShares/NEO, HPB or other independently developed technologies. What would make you consider switching platforms?

“We are building our dApp on top of mature platforms, currently the Ethereum platform is the most mature, thus is our current choice. As HPB becomes mature, we will also build our dApp on top of HPB’s platform.”

General information

Token supply & Private sale

The total private sale contribution: 10,000 ETH

Total Supply: 1,000,000,000 BBN

Current Circulating Supply: ~120,000,000 BBN

Circulating Supply after everything is unlocked: ~400,000,000 BBN

Social Media

Website: http://www.banyanbbt.org/

Telegram: https://t.me/BBNGlobalFans

Where to buy BBN?: https://www.bibox.com/exchange?coinPair=BBN_ETH

Reddit: TBA

Twitter: https://twitter.com/banyan_network

My (FYIcryptoz) Twitter: https://twitter.com/FYIcryptoz