Updates — Technology and enterprise pilots

We are on track to have 4–5 enterprise pilots this year that will use APEX Network in production mode. Currently we cannot yet disclose the names of the enterprise pilot users but there are three piloting enterprises from two different industries that are well into the process and already beginning to see value:

One previously announced budget Chinese airline (similar to Southwest in the US)

One top 5 Chinese car brand (Tesla competitor)

One high-end Chinese airline

We are expecting first experimentations of pilots on the official APEX Network mainnet as soon as 1–2 months after launch. We are also in the process of experimenting with a hybrid model where user data is stored on a private or alliance chain version of APEX Network, but cross-enterprise transactions occur on the main network.

Pilots are actively pushed by the partnership development team if they assess the enterprise to be a good fit. At least 70% of our enterprise base are aware of our blockchain technology offerings.

Federated Learning, of which an early introduction was given by the team, is one of the latest blockchain technology features we are developing, and it will eventually be available for use both on the main network as well as private/hybrid chains. As previously stated, the goal is ultimately to have it run on the public chain. Indeed, FL at scale only makes sense at the public chain level, though to ease adoption and reduce hesitance I’m sure certain enterprises would like to test it at the private level first.