Rui Guo has recently posted about Ultrain's economic detail. Read about it on Medium and leave your comments and applause!
https://medium.com/ultrain-chain/introduction-to-ultrains-economic-model-74920e1c687f
Topic: [ANN] ✨ ULTRAIN ✨ Next-gen public chain creating a programmable business society - page 4. (Read 794 times)
January 03, 2019, 08:49:53 AM
January 03, 2019, 08:34:31 AM
Ultrain is a next generation public-blockchain technology project with a focus on building a high performance decentralized blockchain platform. Ultrain’s mission statement is to create the programmable business society of the future.
The information revolution is driving businesses to expand borders and streamline processes. We are witnessing the unfolding of a brand new business society, where all things are increasingly visible, interconnected and exchanged. This is what Ultrain calls a “programmable business society.”
Ultrain is committed to construct a responsible and sustainable commercial ecosystem that enables all industrial applications. Ultrain is able to provide multi-folds more advanced technical performance that fundamentally solves the performance and scalability issues of other public blockchain platforms by using groundbreaking innovations in cryptography.
Ultrain is committed to construct a responsible and sustainable commercial ecosystem that enables all industrial applications. Ultrain is able to provide multi-folds more advanced technical performance that fundamentally solves the performance and scalability issues of other public blockchain platforms by using groundbreaking innovations in cryptography.
Want a quick introduction to Ultrain’s vision? Check out the video below!
Founding Team
Rui Guo - Co-founder and CEO
As the former technical director of Alibaba Security Group, Rui led the team to establish one of the world’s top three risk control data product systems and ensured the security of the platform on Double Eleven every year, helping companies affiliated to the Alibaba group and corporate customers establish a trusted network ecosystem.
He was the former technical director of the IBM Global Consulting Service Department and head of the Innovation Development Center. He served dozens of large state-owned and private enterprises in various industries, including China Mobile and State Grid, showing an in-depth insight of the bottlenecks of various business and enablement of enterprises by informatization.
Emma Liao - Co-founder and CSO
Emma founded Pioneer Capital, a leading boutique investment bank in China. With nearly 10 years of experience in investment, investment banking and corporate operation, she is an industry expert in cross-border mergers and acquisitions, overseas cooperation and IoT technology with considerable international and domestic corporate resources.
She was the Managing Director of Golden Brick Capital TMT, founding CEO of Kunlun Redstar (the first professional ice hockey club in China), head of IoT investment for QIHU 360, head of China of leading European investment bank goetzpartners GmbH and International Account Director at New York Private Bank & Trust. She has invested in projects such as NIO, Renrenche.com and 360’s privatisation.
Ning Li - Co-Founder and CTO
Ning has more than 11 years of experience in the Internet industry and extensive research, development and management experience in high-performance computing, operating system core components, operating system resource scheduling and many other fields.
As the former technical director of the Alipay Blockchain team, he was responsible for the design, research and development of Alipay’s independent Blockchain platform. During that time, he led the team to obtain more than 30 patents on Blockchain-related technologies.
As the former core architect of the Alibaba Cloud OS, he was responsible for the architecture, design and management of cloud application runtime management services, cloud application resource scheduling, CloudEngine cloud, data management services and other modules.
Yufeng Shen - Chief Architect
Yufeng has nearly 10 years of experience working with the world’s top Internet companies and extensive experience in developing hyperscale software and hardware projects (Chrome, ChromeOS, and AliOS). He is an active contributor to top open source communities in the world (Chromium owner & committer; Linux kernel contributor).
As the former senior technical expert of AliOS, he led many AliOS projects, including construction of the WebApp and developer ecology, overall rendering performance of operating system and In-Vehicle Infotainment (IVI) AI, and accumulated rich experience in app ecology and optimization of integrated performance of software and hardware.
Huseng Wang - Chief Cryptologist
Huseng worked at the University of Leuven in Belgium, a top research university in Europe, and the Luxembourg Institute of Science and Technology (LIST).
As the former Blockchain cryptography expert at Ant Financial, he was responsible for the follow-up of cutting-edge technology of Blockchain-related cryptography, including zero-knowledge proof, secure multi-party computation, and homomorphic encryption, as well as analysis and follow-up of leading-edge technology on consensus algorithms, such as various PoW algorithms, Algorand, Honey Badger, Thunderella, and others. He participated in the design of business privacy protection solutions for multiple large projects.
He has proposed and participated in 10 Blockchain patent inventions.
Core Technology
Ultrain is committed to providing a computing service called trusted computing. This is a brand-new computing service model that differs from traditional cloud computing, and is a new computing model based on blockchain architecture. This computing model includes CPU computing, GPU computing, memory computing, hard disk resources, and bandwidth resources.
All Ultrain computation has the characteristic of blockchain computing. That is, all operations on data in a trusted computing environment cannot be tampered with or destroyed, is transparent to all, and traceable.
All Ultrain computation has the characteristic of blockchain computing. That is, all operations on data in a trusted computing environment cannot be tampered with or destroyed, is transparent to all, and traceable.
Roadmap
1) Nova - June 2018
Internal Testnet Online, External API Framework Completed, Smart Contract Development, Framework-Robin Online (Ultrain has designed a new programming syntax for smart contracts based on the design of the JavaScript language, including providing standard code library support; providing a series of standardized smart contract templates using the template technology; and implementing smart contract formalization and colloquial programming practices using the machine learning technology, thereby lowering the learning curve for ordinary people.)
2) SuperNova - September 2018
Published public testnet for individual investors to apply; enterprise service access tetwork online for both Enterprises and startup business owners; open-sourced Robin Framework on Github; published middle-wares including zero knowledge proof middleware, random number generator, and Quantum Resistant Wallet
(http://www.digitaljournal.com/pr/3986901)(http://business.am-news.com/am-news/news/read/37139264/ultrains-successful-launch-of-public-testnet-and-permitted-net-smart)
3) Blackhole - September 2018 – January 2019
The core structure of Blockchain's operating system is completed. Network management is based on democratic voting system.
4) White Hole January 2018 – April 2019
Public network becomes fully operational, Sharding technology is ready and in operation; Ultrian also starts to sale mining rigs.
5) Big Bang, April 2019 - April 2020
Ultrain‘s ecosystem is in operation, AI machine learning platform is deployed and incorporated online; Establishing IOT Edge computing.
6) Singularity, April 2020
Consolidate the collaboration between machine learning platform, IOT and deep belief networks.
Internal Testnet Online, External API Framework Completed, Smart Contract Development, Framework-Robin Online (Ultrain has designed a new programming syntax for smart contracts based on the design of the JavaScript language, including providing standard code library support; providing a series of standardized smart contract templates using the template technology; and implementing smart contract formalization and colloquial programming practices using the machine learning technology, thereby lowering the learning curve for ordinary people.)
2) SuperNova - September 2018
Published public testnet for individual investors to apply; enterprise service access tetwork online for both Enterprises and startup business owners; open-sourced Robin Framework on Github; published middle-wares including zero knowledge proof middleware, random number generator, and Quantum Resistant Wallet
(http://www.digitaljournal.com/pr/3986901)(http://business.am-news.com/am-news/news/read/37139264/ultrains-successful-launch-of-public-testnet-and-permitted-net-smart)
3) Blackhole - September 2018 – January 2019
The core structure of Blockchain's operating system is completed. Network management is based on democratic voting system.
4) White Hole January 2018 – April 2019
Public network becomes fully operational, Sharding technology is ready and in operation; Ultrian also starts to sale mining rigs.
5) Big Bang, April 2019 - April 2020
Ultrain‘s ecosystem is in operation, AI machine learning platform is deployed and incorporated online; Establishing IOT Edge computing.
6) Singularity, April 2020
Consolidate the collaboration between machine learning platform, IOT and deep belief networks.
Exchanges
UGAS is the lifeblood of the Ultrain ecosystem, paying transaction fees, given as mining rewards, as well as a Proof of Stake component of Ultrain's RPoS algorithm. UGAS is currently trading on the following exchanges, with more coming soon:
BGOGO.COM ----- QB.COM
BGOGO.COM ----- QB.COM
Community
Ultrain's global community is growing rapidly and we would love for you to join us!
Follow any of the links below to get involved.
Follow any of the links below to get involved.
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