Henry Wang, the founder of SMARTMESH, made a guest speech at the beginning of blockchain Fair Asia summit SmartMesh Follow Oct 11, 2018 · 4 min read

Manila, the capital of the Philippines, October 11th is the first day of the opening of the 2018 blockchain Asia summit. Mr. Wang, founder of SmartMesh, with Dr. Peter Yan, principal scientist of MeshBox, attended the conference as a guest speaker and gave a keynote speech entitled connecting the Philippines with SmartMesh and MeshBox.

Introduction speakers on the official blockchain Asia summit website

Discuss the challenges of the digital economy due to the deterioration of the natural environment and the polarization of the wealth gap. Both the economic backwardness caused by the network environment (4 billion people in the world still have no access to the Internet, 1.3 billion people live in a world without electricity) and the imperfection of basic livelihood facilities (2 billion people in the world still do not have bank accounts) are directly attributed to the centralized information architecture and economic structure.

Status quo in the Philippines

Globally, there are 12 countries with a population of over 100 million (2013 figures), including the Philippines, a key member of Southeast Asia. In contrast to its large population, the Philippines ranks 88th in the world in mobile Internet broadband (based on public information) and spends more on mobile Internet as a percentage of monthly income than the UN average. There is no doubt that the current centralized information system layout has restricted the growth of people’s access to the Internet in the region and to some extent deprived people of the right to online information.

The Philippines ranks 88th in the world in terms of mobile broadband, according to public information

A centralized information infrastructure structure not only brings huge costs to the popularity of the network but also makes it difficult to withstand risks inflation in the Philippines climbed to 6.7% in September, a 10-year high, according to data released by the national bureau of statistics on October 5. In addition to rising commodity prices, the arrival of super Typhoon Mangkhut in mid-September helped push inflation higher, the national bureau of statistics said in a report. (news from Xinhua, Oct. 5)

Typhoon Mangkhut, which struck the Philippines on sept 14

MESH Network — Internet of Everything

The SmartMesh network based on the underlying communication protocol design can adapt to the burst of P2P data exchange at a higher level combined with the features of the Spectrum main chain, it can achieve more stability, safer and faster network social contact (such as voice video chat, data sharing), transfer payment (including cross-chain transaction, offline transaction, etc.). Spectrum is the world’s first blockchain 4.0 public chain. Prior to this, blockchain 1.0, 2.0, 3.0 (programmable society) was limited to the international Internet to start and operate. On the other hand, SmartMesh makes a bold and innovative breakthrough in Layer 0, the point-to-point transport Layer of the blockchain, and grants TCP/IP with Token, so that the connection breaks the constraints of the existing Internet and the blockchain 4.0 Spectrum can operate independently outside the Internet and be compatible with the existing Internet. As the most important contribution of Layer 0, MeshBox is the world’s first mesh network router based on blockchain technology. The world connected by MeshBox is the decentralized web world that runs on Spectrum.

Illustration of the MeshBox

To increase its adaptability to the environment, MeshBox can be divided into indoor and outdoor versions, and the two versions can be combined flexibly to form different networking solutions. For example, at the U.S. super bowl site in February 2017, there were six MeshBox nodes participating in the live network service. During Olympics games in Chicago in 2018, another 15 MeshBox and three gateway equipment are participating in the site’s network services. The device is available for the fourth quarter of 2018. Different from centralized networking, the owner (and user) of MeshBox will gain corresponding benefits by being a node of the Mesh network and participating in network content and services. In addition to introducing some practical application cases of MeshBox, Mr. Wang, the founder, and Peter Yan, principal scientist of MeshBox, together with demonstrated the site networking of MeshBox for the on-site guests, and realized the leading functions of off-line transfer in the network. The success of the presentation was unanimously recognized and applauded by the attendees.