

Part 1. Development Progress of InterValue.

Project Progress

(1) Smart Contract: Transaction records, account information, and world status data integration had been completed. Data correctness verification test basically completed.

(2) Full node & Local full-node: We completed function development of the fee NRG transformation. We initially completed the data correctness verification and the inWallet docking test. We fixed the bugs of message process flow after optimizing consensus mechanism and supplemented the message verification. We optimized the data recovery and verification processing after node downtime by 40%.

(3) Blockchain Explorer: Finish 90% of the development，under testing and improvement.

(4) Version management: The version management of the message protocol format and the inWallet has been modified and tested.

(5) Tools: The mnemonic word public and private key independent generation tool and encryption storage tool are completed 30%. The detection and repair tools of the database disaster recovery and data consistency are complete 40%.

(6) inWallet3.3.0: Finish 95% of the company's internal testing (Testnet & inWallet). Whitepaper

(1) We modified some regular details.

Part 2. Strategic Cooperation.

We cooperated with several major exchanges and implemented the technical issues.

Part 3. Media Activities.

Activity: Happy Little Chinese New Year – INVE For Free!

InterValue held the activity - Happy Little Chinese New Year – INVE For Free from January 25th to 29th, 2019. The majority of the community members participated in the event. InterValue Technology Partners Being on The "Top 100 of China Blockchain Enterprises"

On January 22, 2019, the "First China Blockchain Industry Economic Development Annual Conference" jointly hosted by the Institute of Internet Industry of Tsinghua University, the CCID Research Institute of the Ministry of Industry and Information Technology, and the BlockData was successfully held at Tsinghua University. More than 300 people from political, academic, investment, industry, and media circles attended the conference. At the meeting, Liu Quan, the president of CCID Block Chain Research Institute, released the "Top 100 of China Blockchain Enterprises". InterValue Technology Partner - Hunan Chenhan Information Technology Co., Ltd. was selected as one of the "Top 100 China Blockchain Enterprises ".



Part 4. The Historical Process of InterValue.

(1) In August 2017, Barton Chao envisioned the positioning, vision, and functionality of InterValue.

(2) From September to October in 2017, InterValue created a team and refined the functions.

(3) In November 2017, InterValue created the R&D team and began to write a white paper and a development plan.

(4) In January 2018, InterValue completed the first draft of the Chinese and English white papers.

(5) From February to March in 2018, InterValue completed Chinese and English white papers from InterValue 1.0 to 4.0.

(6) In April 2018, the InterValue v1.0 testnet was completed and put into practice.

(7) In May 2018, the development of the InterValue v2.0 testnet was launched.

(8) In June 2018, the InterValue v1.0 testnet wallet Demo was launched.

(9) In June 2018, the InterValue v2.0 HashNet consensus mechanism was verified.

(10) In June 2018, the InterValue v2.0 exceeded a million TPS.

(11) In June 2018, the InterValue 2.0 testnet launched the world’s first local full-node, light-node alpha test.

(12) In July 2018, InterValue launched its first bounty program.

(13) In August 2018, the InterValue 2.0 testnet was awarded the TPS performance testing report and testing certificate issued by China Telecommunication Technology Labs.

(14) In August 2018, InterValue’s Chinese and English white papers are updated from 4.0 to 4.5.

(15) In August 2018, InterValue officially released the INVE ERC20 Token.

(16) In August 2018, InterValue team officially established the Xiangjiang Blockchain Research Institute.

(17) In August 2018, InterValue officially established Blockchain Security Division.

(18) In September 2018, InterValue officially got its INVE token listed on FCoin.

(19) In September 2018, InterValue opens the bounty conversion.

(20) In November 2018, InterValue officially got listed on the Hotbit.

(21) In November 2018, InterValue officially got listed on the Bitget.

(22) In November 2018, InterValue implemented the Turing Complete Smart Contract on the DAG.