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⑴ Ant Group has released another blockbuster blockchain application. Can it create another "Alipay"

Prior to this, Alibaba has also repeatedly announced that it will release "Alipay" today. Disruptive products”. So, what pain points can Trusple solve? What are the application prospects? What difficulties and obstacles does the promotion of Trusple currently face?

Another “Alipay”

“Same as Alipay’s original intention of launching secured transactions, Trusple also aims to solve the problem of transaction trust. The difference is that since blockchain technology is solving With outstanding features in trust in complex processes, Trusple better meets the needs of solving trust in international trade." said Jiang Guofei, Vice President of Ant Group and President of the Intelligent Technology Business Group.

Specifically, on the Trusple platform, when a buyer and seller generate a trade order, it is automatically uploaded to the chain and begins to circulate. The bank will automatically pay based on the payment terms agreed upon in the order, avoiding the traditional model. Sellers need to urge buyers to transfer money offline, and at the same time, they can also prevent the frequent malicious delay in payment time. Buyers can also obtain financial services such as account terms based on real orders on the chain, which greatly improves capital utilization and procurement efficiency.

For buyers and sellers, every successful transaction on Trusple is a deposit of "on-chain credit". When a company has financing needs, financial institutions can submit a verification request to the Trusple platform to determine the authenticity of the company's trade. In this way, on the one hand, it reduces the financial service risks of banks and other financial institutions, and at the same time, it also revitalizes the survival and operating capabilities of small and medium-sized enterprises.

It is understood that five banks, including BNP Paribas, Citibank, DBS Bank, Deutsche Bank and Standard Chartered Bank, have become Trusple’s first partners.

How complex is traditional trade finance business? The following is the bank's letter of credit business flow chart:

As can be seen from the above, the traditional international trade financing model is not only complex in process, but also requires high service fees from banks. If there is a blockchain trade settlement platform and a trade settlement contract is developed, the exporter directly places the advance payment in the smart contract. When the exporter's goods arrive at the destination, the system verifies that the documents are qualified and then triggers the smart contract to release the money to the exporter. Not only is the process simple and the service fee is low, but more importantly, it can reduce the capital occupation cycle and improve capital efficiency.

"This is the case with Trusple currently launched by Ant Group, and Ant Chain also supports smart contracts." Li Lianxuan said.

To sum up, the difference between traditional cross-border trade and Trusple is centralization and decentralization. In the traditional trade model, banks serve as the center, providing transaction credit or financing facilities to buyers and sellers to ensure the smooth progress of transactions. The "credit" in this is the bank's third-party credit. And blockThe trust model of the chain, its "credit" comes from the blockchain itself and does not require a third-party intermediary.

Facing two major obstacles

The launch of Trusple also fulfilled a long-cherished wish of Ali for 19 years.

As early as 2001, Alibaba B2B Company tried to use a model similar to an intermediary guarantee to solve the problem of mutual distrust between buyers and sellers in foreign trade transactions, but was unable to do so due to technical constraints at the time. Two years later, the emergence of Alipay solved the trust problem among C2C business users. However, because transactions between enterprises are much more complex than between individuals, and payment methods and logistics methods are also very different, the plan 19 years ago has been shelved to this day. Until the emergence of blockchain provides new solutions. For this reason, Alibaba calls the launch of Trusple a major launch comparable to the birth of Alipay.

It is worth noting that although Trusple has similar functions to Alipay, both are designed to solve the trust problem between different subjects, but the solution ideas are completely opposite. Trusple aims to eliminate middle links and disintermediate, while Alipay is the largest intermediary with 1 billion users. Trusple only targets B-side users in cross-border trade, so it seems to be fine with Alipay for now. So if similar products are used in domestic C2C e-commerce scenarios in the future, it will revolutionize Alipay's life.

Alibaba’s blockchain layout

Blockchain is based on the characteristics of decentralization, openness and transparency, information traceability, anti-tampering, automatic execution of smart contracts, etc., and is a natural solution to trust issues. weapon. As The Economist said: Blockchain will become a “trust machine.” Therefore, Jack Ma said that Alibaba without blockchain would "die".

Jack Ma’s words are not alarmist. Alipay, which started as an e-commerce company, has played a key role in solving the trust issue between consumers and merchants in online transactions. It can be said that without Alipay, Alibaba would not have the e-commerce empire it has today. “Over the past decade or so, we have continued to promote the construction of trust mechanisms through technology and innovation,” Ant Group said in its IPO prospectus.

To this end, as early as 2015, Alibaba established a blockchain team and began to invest in blockchain research and development. In October 2017, Ant Financial (the predecessor of Ant Group) released the "BASIC Strategy" (blockchain, artificial intelligence, security, Internet of Things, cloud computing). In July this year, just before Ant Group applied for listing on the Science and Technology Innovation Board, Ant Blockchain was officially upgraded to "Ant Chain". Jack Ma personally named Ant Chain, which shows its status in the Alibaba ecosystem.

Today, Alibaba has implemented more than 50 blockchain application scenarios. Ant Chain is technically able to support 1 billion account sizes and can support 1 billion daily transactions, achieving 10 transactions per second. Wanbi cross-chain information processing capabilities (PPS).

In April this year, AntAnt's "Open Alliance Chain" was officially launched, fully opening up its blockchain technology and application capabilities to small and medium-sized enterprises. Subsequently, the implementation of related blockchain applications further accelerated. In July, the Ant Chain all-in-one machine was released, which can save more than 90% of blockchain deployment time for government and enterprise developers; on September 18, it was opened to the public including data security computing hardware, The privacy and security "three-piece package" of 3D contract security services and data privacy computing services; Trusple is released today.

In terms of research and development, Alibaba’s blockchain patent applications have ranked first in the world for four consecutive years, and its self-developed cross-chain technology has also been recognized as an international standard.

According to the website of the Shanghai Stock Exchange, Ant Group’s Science and Technology Innovation Board IPO has entered the “submission for registration” stage. "After listing, the most important thing for Ant Group is to invest in technology. In the future, it will focus on the research and development of five major technical fields: artificial intelligence, risk management, security, blockchain, computing and technical infrastructure." Hu Xiaoming, CEO of Ant Group, said.

⑵ Ant Technology Group and Aneng Logistics reached a consensus on cooperation to jointly explore the blockchain cooperation space

On July 10, Ant Technology Group (formerly Ant Financial) Digital Logistics Business Department General Manager Liu Yidong and his delegation visited Aneng. Aneng Chairman Wang Yongjun, CFO and Assistant President Lin Disheng, Chief Data Officer Li Kun, Chief Information Officer Chen Ping, and Chief Financial Officer Sun Jie attended the reception.

During the meeting, both parties comprehensively elaborated on their respective business positioning and business advantages, had a heated discussion based on the construction of a blockchain business system, and reached a broad agreement on the application and development direction of blockchain technology in the logistics industry. consensus.

Aneng Chairman Wang Yongjun pointed out that in order to achieve long-term and stable development of the enterprise, Aneng hopes to build a blockchain application foundation with a "credit" and "contribution" system through in-depth cooperation with Ant Technology Group , optimize the user ecology, shorten the transaction chain, flatten the network organization, upgrade the operation and management model, and promote Aneng to gradually realize the seamless connection and smooth flow of business flow, capital flow, and information flow.

Liu Yidong, general manager of the digital logistics business department of Ant Technology Group, said that Ant Technology Group will create a credible value transfer platform through blockchain technology and build a decentralized multi-party collaboration trust system to help Aneng Achieve full-process recording of cargo flow data and network behavior from receipt to delivery, full-link trust, and full-node witness, laying a solid network foundation for the development and upgrading of Aneng.

Liu Yidong also proposed that he hopes that both parties will further strengthen communication and interaction in the future, jointly support the in-depth development of blockchain applications, create scenario-based solutions, and extend to various groups in Aneng Network to realize data Interconnection helps realize the value of industrial blockchain.

It is understood that through this exchange, Aneng and Ant Technology Group have reached a high degree of consensus on the next direction and model of cooperation. The two parties will discuss specific details in the next step.Conduct in-depth discussions and docking of cooperation projects and plans, jointly promote the establishment of unified technical standards for the application of blockchain in the logistics industry, solve common and key issues of blockchain technology, and assist the innovative development of blockchain technology in the logistics industry.

⑶ Ant Financial’s options share price is 7,000 shares. How much will it be worth after listing?

According to market analysis, Ant Financial’s listing this time has a valuation of at least US$200 billion, which is approximately 14,000 US dollars. billion yuan.

The estimated market value of Ant Financial is equal to 1.8 PetroChina, 2.4 SMIC, and Ping An Bank, and even Kweichow Moutai, which has the largest market value after the opening of A-shares, may be surpassed .

Why is Ant Financial’s market value so high? First, because it owns Alipay, which almost all of us use. Alipay is the largest third-party mobile payment platform in China. Many people conduct transactions on it every day. It is so large that we can’t even count it. .

Second, Yu’e Bao, which many people have used, provides value-added services and current cash management for users’ balances.

Third, Ant Treasures, including regular financial management, current financial management, etc., has created a financial management environment for many people.

(3) Ant Group announced the blockchain upgrade plan for further reading

Ant Financial’s shareholdings can be divided into three categories. The first category is group shareholding, in which Alibaba holds 33% of Ant Financial’s shares. The second category is employee shareholding. Employees of Hangzhou Aojun Equity Investment Partnership and Hangzhou Junhan Equity Investment Partnership jointly hold 50% of the shares. The third category involves strategic investment holdings, including China Life, National Social Security Fund, etc.

The financial report also shows that Alibaba holds 33% of Ant Financial's equity, Jun'ao and Junhan hold 50% of Ant Financial's equity, and Jun'ao belongs to the Alibaba partnership Some members of the company, and Junhan is an employee of Alibaba and Ant Group.

In other words, when Ant Financial is officially listed, these employees will jointly hold a guaranteed market value of 700 billion. This means that many millionaires will be born overnight. I'm afraid that Hangzhou's housing prices will rise again by then, because there was a precedent when Xiaomi went public.

⑷ What is the use of the assets acquired by Alipay’s Ant Chain?

Ant Chain is upgraded from the Ant Blockchain. A blockchain brand under the Financial Services Group. Since 2016, Ant Blockchain has established the top domestic technical team to independently develop internationally leading alliance blockchain technology.
In terms of core technology, in terms of consensus mechanism, network expansion, verifiable storage, smart contracts, high-concurrency transaction processing, privacy protection, off-chain data interaction, cross-chain interaction, multi-party secure computing, blockchain governance, network and foundation Major breakthroughs have been made in areas such as implementation and security mechanisms. As of May 2020, Alibaba (mainly Ant DistrictBlockchain) has 212 authorized patents worldwide.
Technically, Ant Chain has ranked first in the number of global patent applications for four consecutive years; in terms of application, Ant Chain has helped solve trust problems in more than 50 practical scenarios; in business, Ant Chain currently The daily "on-chain volume" exceeds 100 million times.
Among them, the data of "daily on-chain volume" has never been disclosed by the company before. This data is equivalent to the "daily activity" in the blockchain field. In 2019, Jiang Guofei, vice president of Ant Group and head of Ant Chain, once pointed out that the number of on-chain transactions will be an important indicator to measure the prosperity of the digital economy.
The release strategy of Ant Chain is of great significance and is likely to become the only blockchain solution in the world that can be commercialized on a large scale. The main reason is: From the perspective of development history, the core strategy of Ant Group has always been to build a credit system for the digital economy and ensure long-term investment and execution capabilities. Its software and hardware technical capabilities have reached the world's leading level. The blockchain field includes the number of patents, paper quality, encryption algorithms, etc., as well as the support of Alibaba's powerful technology platform, including Alibaba Cloud IaaS, Pingtouge chip, etc.
Based on the above information, Ant Chain, as one of Alibaba’s core technologies, will definitely receive more investment. Those who are interested can continue to pay attention!

⑸ Jack Ma’s confidential project 19 years ago has been restarted. What problems can this project solve?

This project is called Ant Chain, which can solve the trust problem in cross-border trade. Trust in international trade It is a very important condition. People from different countries are too far apart. If there are some problems during the process, such as one party not paying or delaying slightly, then the other party may suffer very serious losses. This project Just solve this problem.

1. Trusple

Ant Group Vice President Jiang Guofei released Trusple, a new Ant Chain technology platform that represents the results of the project. The role of this platform is to solve the trust problem in cross-border trade and is a middleman platform.

3. Personal opinion

I think this platform may be similar to 1688. Compared with 1688’s role in China, this platform should be more international. Just like Taobao, when buying something on Taobao, you pay the money to Taobao first, and the money will not be transferred to the seller's account until the buyer confirms receipt of the goods. This should be similar. The money is in the bank, and an agreement is made. When the other party reaches the conditions, the bank will transfer the money directly.

⑹ If Ant Financial goes public, what will its stock price be?

As of 2020, no specific price has been announced.

Ant Financial’s first round of financing is in full swing. The valuation is expected to be RMB 200 billion to RMB 250 billion (approximately US$35 billion to US$40 billion). Subscription targets are limited to investment institutions with state-owned assets background. . Regarding the much-watched IPO plan of Ant Financial, the information stated that it plans to list on the A-share market in 2017 and has selected CICC to serve as its IPO financial institution.business consultant.

Ant Financial is the most valuable asset owned by Alibaba Chairman Jack Ma, with a valuation that may exceed US$50 billion. However, from the perspective of valuation and market mechanism, it is difficult for Internet companies to comply with A-share access rules due to their origins.

(6) Ant Group announced the blockchain upgrade plan for further reading

According to data released by Ant Financial in October 2014, the funds controlled by the company The scale reaches 579 billion yuan, and Alipay has 800 million registered users, of which 190 million are active mobile users, and the daily transaction scale reaches 45 million.

Some investors said that Ant Financial is Jack Ma’s most valuable asset, and now this asset will greatly consolidate Jack Ma’s status as the richest man.

Since splitting off the financial business to establish a new company in 2011, Jack Ma has controlled Ant Financial. Alibaba stated in October 2014 that Ant Financial's share reform was in progress. After the share reform is completed, 40% of Ant Financial's shares will be fully owned by employees including Jack Ma.

⑺ Ant Group shows off the most down-to-earth cutting-edge technology Ant Chain is running in the fields

Xin'an Evening News Anhui Net Dawan Client News As a technology company, Alipay parent company Ant Group is in Deeply cultivated in the fields of innovative technology and ecology, especially its cutting-edge technology blockchain, it gradually expands the ecology through Ant Chain and builds the trust foundation of the digital economy with the power of ecology. With the joint efforts of partners, Ant Chain has been implemented in more than 50 scenarios, with more than 100 million daily uploads, forming the largest industrial blockchain ecosystem in China.

Dangshanli launched Ant Chain, expanding new online and offline retail channels.

Blockchain can build an ecosystem

In the past, it was difficult to establish trust between many small and medium-sized enterprises, and there were data islands between industries. However, as the industrial blockchain environment further develops, the role of blockchain in solving multi-party collaboration and trust has become increasingly apparent. Its transparent, traceable and non-tamperable characteristics have greatly reduced the cost of social trust and improved social trust. operating efficiency.

Therefore, many experts and scholars compare blockchain technology to a "trust machine", such as solving the trust between people and the trust between enterprises. This also determines that the ecological value in the blockchain environment is greater. For example, after recording the real trade of a small store in the blockchain, it is given credit value, recognized by banks, and dares to provide financing services; another example is that after opening up medical documents through the blockchain, they can be shared among medical institutions. , circulation, there will no longer be repeated filming and repeated prescription of medicines. Relevant medical insurance can also directly provide services based on this real medical document, benefiting everyone.

The wave of digitalization is coming. Jing Xiandong, chairman of Ant Group, once said that it is no exaggeration to say that blockchain is the most important technology in the digital age. Without trust,However, it is difficult for the digital economy to truly develop. He believes that blockchain is a new infrastructure of trust in the digital economy era and will be highly relevant to everyone and every small business in the future.

Ant Group is one of the technology companies currently firmly invested in the blockchain track. Ant Chain is committed to building a new infrastructure of trust in the digital economy era.

Currently, Ant Chain has ranked first in the world in terms of number of blockchain patents for four consecutive years. Technically, it can support 1 billion account sizes, 1 billion daily transactions, and achieve 100,000 cross-chain information processing capabilities per second (PPS), with the ability to be uploaded to the chain on a large scale. Since 2019, AntChain has begun commercialization and generating revenue.

Ant always insists on letting blockchain solve practical problems and serve more people. More than 50 implementation scenarios include supply chain finance, cross-border remittances, charitable donations, government affairs and people's livelihood, and product traceability. And every scenario basically works hand in hand with industry benchmarks to allow the blockchain to truly exert its ecological and social value.

The threshold for rights protection has been lowered and judicial efficiency has been improved. In May of this year, Ant Chain was used by the Guangzhou Internet Court for the first time to hear an intellectual property case. It only took 20 minutes to complete a lawsuit. The key evidence was clear at a glance, and the cross-examination process took a lot of time. Compared with traditional copyright protection, the related costs of this platform are saved by more than 95%, which greatly lowers the threshold for copyright protection.

For another example, Trusple, the international trade and financial services platform launched by Ant Chain at the Bund Conference, attracted the participation of five international banks, including BNP Paribas, Citibank, DBS Bank, Deutsche Bank, and Standard Chartered Bank. The platform is based on Ant Chain technology, which improves the payment certainty between buyers and sellers in international trade, eliminates trust barriers between transaction parties, and ensures that goods sent out can receive money in a timely manner.

Yuan Jing, a small and medium-sized businessman from Yiwu, became the first person to "eat crabs". She sold her own crystal jewelry to Mexico through Ant Chain and received the payment the next day. In the past, transactions alone took more than a week, and payment arrears often occurred.

From the perspective of solving trust, Trusple is consistent with Alipay’s idea of ​​launching secured transactions. Trusple innovatively uses distributed secured transaction technology to establish a new international trade trust mechanism. For merchants, without transaction risks, they can get off the ground; for banks, the more trustworthy credit on the chain can reduce the risk of financial services. In addition, relying on Ant Chain technology, it can also connect more banks and small and medium-sized enterprises to expand the scope of financial services.

Make blockchain "down to earth"

For many people, blockchain, a brand-new technology, is aloof and elusive. On the one hand, it will take some time for this technology to be implemented on a large scale; on the other hand, many companies are “selling sheep’s meat” and mistaking the development of blockchain.Development is confused with virtual currency hype, or it falls into the whirlpool of conceptual hype without any actual technical solutions.

Technology exists to solve problems. There has never been a great company that became great simply because of technology. Compared with technologies such as AI and cloud computing, the development of blockchain has just begun. However, any new technology can only be accepted and known by more people if it stays close to the ground, and "down-to-earth" is also An important criterion for the healthy development of blockchain.

Jiang Guofei, vice president of Ant Group and president of the Intelligent Technology Business Group, said that blockchain is not mysterious. In the near future, blockchain will become a part of ordinary people's daily lives like mobile payment. .

Such a future is actually already on its way. More and more scenes and livelihood services that are closely related to ordinary people have the shadow of blockchain behind them.

Through Ant Chain, Dangshanli’s entire sales link is credible.

In September this year, the People’s Government of Dangshan County, Anhui Province, the Anhui Branch of the Agricultural Bank of China, and Ant Chain jointly signed a cooperation framework agreement to create the country’s first blockchain-based rural revitalization sample, allowing blockchain Technology is taking off in rural fields.

Dangshan e-commerce is developed. Due to a lack of trust, traditional e-commerce companies require cash and spot methods when purchasing agricultural products, resulting in very large working capital needs for e-commerce companies and their supply chain companies.

In this cooperation, the Dangshan County Government will join forces with Ant Chain and the Agricultural Bank of Anhui Province to build a blockchain financial innovation center and realize the "business flow, business flow, and business flow" of the entire agricultural industry chain based on Ant Chain (business flow chain). The four streams of logistics, capital flow, and information flow are integrated into one to provide services for agricultural entities, lower the financing threshold of enterprises, and save the financing costs of enterprises. Agriculture has since been boosted by financial power.

At the same time, "China's No. 1 Blockchain Village" was simultaneously launched in Liangli Village, Dangshan.

As a specialty of Dangshan County, Anhui Province, Dangshan Su Pear ranks first among the three traditional famous pears in China. It has a history of thousands of years. But the key is that the origin of agricultural products cannot be traced, and it is difficult for consumers to distinguish authenticity. There is no truly efficient communication bridge between high-quality agricultural products and consumers.

Through Ant Chain, the entire sales link of genuine Liangli Village pears is trustworthy. Once the quality is guaranteed, the sales channels will gradually improve. In Ant Chain Village, the flow of goods, funds and information in production and transactions will occur simultaneously on the chain, forming a credible data asset for production and operation entities, which can not only bring financial services such as financing, but also improve the efficiency of working capital turnover. Allowing all parties to increase revenue and profits.

It can be seen that with the help of technology, a fully digitalized village is gradually emerging.

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Overview
Last week, the live broadcast platform Inke issued an announcement to change "Inke Interactive Entertainment Co., Ltd." to "Inke Universe (Beijing) Technology Co., Ltd." On the same day, Inke Interactive Entertainment also announced at its online brand upgrade conference that the company's business will fully enter the metaverse, based on Web3.0 technology, to create a multi-dimensional social matrix that combines reality and virtuality, creating a world with unlimited vitality. and a vibrant social metaverse. In addition to Inke, Tencent seems to have also begun to take action on the Metaverse. This week, three people familiar with the matter revealed that Tencent announced to its employees the formal establishment of an “extended reality” (XR) department, betting on the metaverse concept of the virtual world. Although Tencent declined to comment, the establishment of the XR department is not surprising. Under the new development trend, domestic and foreign Internet giants have entered the Metaverse, and VR/AR/MR and other hardware are considered to be the gateway to the virtual world. is an important entrance, so Tencent, as the leading domestic Internet company, will naturally participate in it. In addition, in addition to the layout of software and hardware, technology giants such as Meta and Microsoft have formed an organization called the Metaverse Standards Forum. Nvidia executive Neil Trevett serves as the chairman of the Metaverse Standards Forum. . The Metaverse Standards Forum is free and open to any organization. It is committed to unifying the standards of the Metaverse industry and building interoperability standard services for cooperation, thereby achieving mutual compatibility in the digital world. Looking around the world, more and more companies are beginning to try to integrate Metaverse technology into their own businesses, targeting the Metaverse track. The competition surrounding the "Metaverse" is becoming increasingly fierce. Whether it is technology giants or leading capital, they all believe that the Metaverse field has broad prospects. Although the Metaverse is still in the early stages of development, helping technology giants reach a standard and consensus as soon as possible will be more conducive to the development of technology and market. The era of the metaverse is coming, and we are full of expectations. The following is the detailed content of this weekly issue. We at the heart of the metaverse divide it into two major sections: important news and this week’s news overview. Please enjoy:
Important news
[Informed person: Tencent officially announced the establishment "XR" department, betting on the Metaverse] According to news on June 20, three people familiar with the matter said that Tencent Holdings announced to its employees on Monday the formal establishment of the "Extended Reality" (XR) department, officially betting on the Metaverse in the virtual world. Conceptually. The unit will be tasked with building Tencent's extended reality business, including software and hardware, and will become part of the company's Interactive Entertainment Group (IEG), sources said. [Metaverse sandbox game platform Roblox may be launched on Meta Quest2] According to Bloxy News recently revealed on social media, Metaverse sandbox game platform Roblox may be launched on Meta Quest2. Bloxy News tweeted: “Get ready to experience the Metaverse in a new and immersive way. Roblox is officially coming to another device soon… someoneCan you guess what it is? Bloxy News used the Roblox and Oculus logos in the tweet image, and added the tag "Meta Quest" below the image. But as of now, Meta officials have not made any comments on this rumor. [NVIDIA announces completion of 5G-based VR collaboration proof-of-concept] Recently, NVIDIA and multiple partners announced a successful proof-of-concept that uses edge computing and 5G-enabled VR technology to enable two engineering teams approximately 70 miles apart. Ability to collaborate as if you were in the same room. [Snapchat collaborates with British Vogue to launch AR fashion exhibition] Snapchat recently announced that it has cooperated with British Vogue to launch the VoguexSnapchat AR exhibition Redefining the Human Body, curated by Edward Enninful OBE, editor-in-chief of British Vogue and Vogue European Editorial Director. . This AR exhibit showcases high-end fashion designs achieved using custom Snapchat filters. [Immutable X announces brand update] Immutable Immutable has released a new brand logo and a new website. [European comic "Valerian" Valerian NFT will be released before July 10] All NFT feature components and metadata of European comic "Valerian" Valerian NFT have been updated to IPFS and will be released before July 10. Web3 will be launched at the same time. .0. In addition, its ecosystem's first Web3.0 social network aggregator based on the creator economy will be announced soon. Valerian NFT is a series of NFT launched based on the European comic "Valerian" IP. It is reported that the total number of Valerian NFT is 9999, which will be issued simultaneously on Binance NFT and Valerian official website. [Industrial and Commercial Bank of China’s first digital collection of family enterprise prosperity commemorative medals NFT] According to the official public account of Industrial and Commercial Bank of China, ICBC Private Bank’s family trust business is an effective model for real estate isolation, value preservation and appreciation, and wealth inheritance, and is deeply loved by customers. Good reviews. The Prosperous Family Enterprises Commemorative Medal was designed by Mr. Zhu Xihua, a well-known domestic arts and crafts artist, for ICBC customers. This digital collection is based on the design of the Prosperous Family Enterprises bronze medal. The issuance is provided by the Financial Technology Innovation Experience Center of ICBC and ICBC Seal Chain. Technical Support. It is ICBC's commitment to its entrepreneurial customers, a symbol and token of this commitment, and has become a classic symbol of entrepreneur's wealth and spirit being passed down from generation to generation. [Report: Recruitment information for Crypto, blockchain, and NFT increased by 804% from April 2020 to April 2022] A report shows that from 2020From April 2020 to April 2022, job postings for Crypto, blockchain, and NFT increased by 804%. A report from global employment portal Indeed also shows that market demand is accelerating, growing by 315% by 2022. There are 15 times more job postings in April 2022 than in 2019, highlighting the role of the pandemic in this continued growth. Reports reveal that the Covid-19 pandemic has fast-tracked the adoption of cross-functional technology in India and hence the demand for technology professionals is more than ever, especially with expertise in new areas such as Crypto, NFT and blockchain. The data also shows that crypto roles appear to account for one of the largest share of overall technology job openings, increasing from 41.22% in 2019 to 2020 to 67.48% in 2021 to 2022. [BitGo partners with Parallel Finance to launch first NFT custody platform for U.S. institutions] Digital asset security and liquidity provider BitGo announced on Wednesday that it has partnered with decentralized lending and staking protocol Parallel Finance to launch the first NFT custody platform for developers, retail markets and institutions. NFT hot wallet and custody solution. BitGo chief product officer Chen Fang said this is the first U.S.-qualified custody solution that can be paired with a hot wallet. Customers can interact with decentralized marketplaces like OpenSea and LooksRare through BitGo’s new wallet service, similar to how MetaMask users can integrate their wallets. [Top luxury car brand Bentley announced its entry into the NFT market and will release a limited edition NFT in September] Top luxury car brand Bentley announced its entry into the NFT market in a post on social media and plans to release its limited edition (208) based on the Polygon network in September this year. copies) NFT works. [People's Science and Technology will issue Yuan Longping's digital collection] People's Science and Technology, a subsidiary of People's Daily Online, will issue the first digital collection - "People's Daily" front page digital collection - on June 19 on the People's Science and Technology Digital Collection Platform (referred to as People's Digital Collection) Collection: New China's first special invention award was awarded to Yuan Longping's team. The collection is distributed in a limited edition of 5,000 copies free of charge to the public in a public welfare manner. The collection contains the front page of "People's Daily" where Yuan Longping's team, my country's Indica Hybrid Rice Scientific Research Collaboration Group, won the first special invention award issued by the country since the founding of the People's Republic of China. [The number of domestic digital collection distribution platforms has exceeded 500] According to China Times, as of June 15, 2022, according to incomplete statistics, the number of domestic digital collection distribution platforms has exceeded 500. In sharp contrast, in February 2022, there were more than 100 domestic digital collection platforms. However, digital collections are issued in large quantities but not refined, and homogeneity is serious. The strategy of focusing on the secondary market has led to the prevalence of hype. The digital collection industry has been dragged into the vicious circle of "fake stock competition" and is in urgent need of supervision. [WeChat may ban a member of the public for the first time on the grounds of “secondary transactions involving digital collections”According to news on June 20, the official public account of "NFTea Digital Tea Ticket" was recently blocked. The reason for deactivation was "complained by users and reviewed by the platform, there are business activities related to virtual currency transactions or secondary transactions of digital collections." It is quite different from the previous statement of banning several Tibetan accounts. In March previously, a large number of digital collection WeChat official accounts were blocked, including Art Meta Yuan Yi Shu, Yidian Shu Zang, Guizang Yuan Universe, Hua Sheng Meta, Yuan Ben Space, Shen Da Shu Zang, One Meta, Earth Zero, and Most of the reasons for banning, such as Nuofangti, are "the behavior of publishing, disseminating or engaging in relevant business activities without obtaining legal permits or licenses", and a small number of the reasons for banning are suspected of fraud. Among them, some platforms have set up separate WeChat public accounts, including "Art Meta Digital World" owned by Hangzhou Yuanyisu Technology Co., Ltd., "Yidian Digital Creation" owned by Jiangxi Dianzang Technology Co., Ltd., etc. [Meta, Microsoft and other technology giants announced the establishment and launch of the Metaverse Standards Forum] Technology giants including Meta, Microsoft, Sony and other companies announced the establishment and launch of the Metaverse Standards Forum (Metaverse Standards Forum), which is hosted by Khronos Group. The organization is a non-profit consortium of 170 organizations supporting interoperability standards in industries including 3D graphics, VR, AR and machine learning. The new forum is free and open to any organization. It will focus on projects aimed at enabling prototyping, hackathons, plugins, and open source tools to promote testing and adoption of Metaverse standards. There are currently more than 37 founding members of the Metaverse Standards Forum, including Meta, Microsoft, Sony Interactive Entertainment, Epic Games, and Chinese technology giants Alibaba and Huawei. [Dapeng VR has received a new round of tens of millions of yuan in financing to launch game-level VR products] Recently, Dapeng VR, a full-stack VR technology and product company, announced the completion of tens of millions of yuan in financing. This round of financing was funded by Huaqiang Capital and Qianyi Capital. It jointly invests with Lianxin Fund, an industrial fund affiliated to United Optoelectronics (300691.SZ). [eBay has acquired NFT trading platform KnownOrigin] According to news on June 22, global e-commerce giant eBay has completed the acquisition of NFT trading platform KnownOrigin today. The specific amount and terms have not been disclosed yet. The acquisition aims to combine eBay's reach and reputation with KnownOrigin's leading technology to support a new generation of NFT creators, sellers and buyers. KnownOrigin was founded in 2018 to enable artists and collectors to create, purchase and resell NFTs through blockchain-powered transactions. [Report: The NFT market size is expected to reach US$212 billion by 2030] On June 17, Acumen Research and Consulting released the report "NFT Market Size, Share, Analysis Report and Regional Forecast 2022-2030". The report states that in 2021, the global NFT market willThe scale is US$16 billion and is expected to reach US$212 billion by 2030, with a compound annual growth rate (CAGR) of 33.7% from 2022 to 2030. [Study: The current metaverse is still unsuitable for remote work] A study released earlier this month found that working in a virtual world using the tools available today may decrease employee productivity and increase their remote work-related stress. Feelings of frustration and anxiety. 11% of study participants felt so unwell that they were unable to even complete a day in the study, leaving them with an incomplete assignment. A recent study by researchers from the University of Coburg, the University of Cambridge, the University of Primorsky Krai, and Microsoft Research charted the issue. The report, titled "Quantifying the Effects of a Week of Working in VR," compared 16 different people. Employees' performance on development tasks in a normal environment and a common virtual world setting with a 40-hour work week. The results were mostly negative, suggesting that today's virtual world may still be too limited to support work-based applications. [ChinaJoy: CJ Plus will be held in the MetaJoy metaverse digital world] According to ChinaJoy official news, the 2022 ChinaJoy Online Exhibition (CJPlus) will be held in the MetaJoy metaverse digital world from August 27 to September 2. Players can participate for free. Just register and log in to get limited edition ChinaJoy commemorative coin digital collections, as well as digital collections sold by different companies and different events. You can also collect various digital collections through purchase and exchange. [Gome’s involvement in the Metaverse: It has been designated as the most important strategy and has recruited talents to establish a project team] Recently, Gome has designated the Metaverse as the most important strategic direction. The general person in charge of the Metaverse project has joined the company in June and is actively recruiting talents. . A person familiar with the matter told reporters that the Metaverse project may be partially launched in early July. In addition, public information from the workplace social platform Maimai shows that the business scope of the above-mentioned Metaverse project includes Metaverse world, Metaverse e-commerce, digital people, virtual idols, digital collections, etc. In response to this, Gome responded that the company is indeed making a preliminary attempt in the direction of the metaverse, and the True Happiness App will soon launch the metaverse function. [KPMG’s U.S. and Canadian team launches Metaverse Collaboration Center] The U.S. and Canadian business units of KPMG, one of the top four international accounting firms, launched a collaboration center in the Metaverse to help its clients formulate strategies in the Metaverse field. A spokesperson said the private center is a place for its employees, partners and customers to hold virtual team meetings and share ideas. They will also be able to conduct training sessions, job interviews and employee assessments in the Metaverse, as well as meetings showcasing KPMG services and capabilities. Armughan Ahmad, president and managing partner of digital at KPMG Canada, said, “The Metaverse makes it possible for us to experience a ‘phygital’ world where the real world and the digital world merge. The Metaverse offers a market opportunity worth US$13 trillion by 2There will be as many as 5 billion users in 2030. "KPMG's U.S. and Canadian businesses have assembled a dedicated team with technology and innovation experience to support Metaverse design, NFT use cases, crypto assets, community engagement and broader Web3 integration. [Immutable announces launch of 500 million USD Venture Capital Fund to Promote Web3 Game Adoption] According to news on June 17, Immutable, an Ethereum NFT expansion solution provider, announced the launch of a US$500 million venture capital fund to promote the adoption of Web3 games. The funds will be used to fund the development of its L2 expansion platform Projects building Web3 games and NFTs on Immutable , to obtain more investment opportunities. [Axie Infinity plans to sponsor 200 creators to participate in Nas Academy’s new creator academy] NFT game Axie Infinity plans to sponsor 200 creators to participate in Nas Academy’s new creator academy, helping Axie creators to Take your content to the next level. This training school is designed by Nas Academy specifically for Axie Infinity community members and is independent but complementary to the Axie Creator Program operated by QU3ST. Registration is currently open and will end on July 20th. < br />This week’s news at a glance
VR/AR/MR
The U.S. Patent and Trademark Office has published a Valve design patent application filed in December titled “Head-Mounted Display.” Meta announces plans to launch Meta Avatars Store to expand its virtual fashion lineup of Meta Avatars. Cannes Lions International Festival of Creativity partners with Niantic to offer interactive AR experiences. Arvizio, an enterprise AR/MR solutions provider, recently announced its AR Instructor solution for AR guided teaching The solution is now available for iPad, iPhone and Android devices, expanding its scope of capabilities and market scope. Wang Feng collaborates with Pico to create a global camping music rafting trip, a new upgrade in visual experience! Blippar, an AR product and service provider, recently announced that the company’s no-code AR creation Tool Blippbuilder is integrated into the business communication and collaboration platform Microsoft Teams and is designed to allow everyone, from novices with no coding background to experienced developers, to build immersive 3D AR experiences. Healthcare technology provider Novarad Announces its AR surgical navigation systemVisAR has received FDA 510(k) clearance and will be used for precision-guided intraoperative spine surgery. DiscoverFeed announced that it will officially launch its metaverse platform "DiscoverFeed" on July 23, which allows users to experience nightclubs around the world in VR. It will hold free events every week for 5 consecutive weeks to connect real nightclubs and virtual nightclubs. Rec Room has been updated to allow its Plus members to create custom shirts. HTC VIVE recently announced that it will expand the scope of VIVE Flow by launching a commercial version of VIVE Flow. Xiaopai Technology's high-end headset 8K New research from MIT points to the potential benefits of AR for people with autism. Nvidia launches 3D MoMa to convert 2D photos into editable 3D models. American musical instrument manufacturer Fender cooperates with Meta to launch the musical metaverse "Stratoverse". Egyptian startup Beyooot announced the official establishment of Egypt's first AR e-commerce platform for home and office furniture, aiming to provide furniture products displayed on the platform and exported to foreign markets. The demo version of the MR stargazing experience application "Skygaze" has been launched on the Quest platform. Moth+Flame partners with SHRM to launch enterprise-level VR immersive learning market. Solana Labs announced the launch of the Solana Mobile Stack software ecosystem for Android and revealed that its team is developing a new Android phone, Saga. NFT/Chain Game Blockchain Intelligence Group launches NFT risk and investigation tool NFT Explorer. Under Armor Curry Brand, Curry Brand, launched the cross-community NFT project Basketball Headz. The open payment network Ripple has reached a cooperation with FLUF World and will open "The Open Metaverse" through The Root Network. Animoca Brands, UCOLLEX and MADworld will launch NFT series targeting Japanese culture. Mars has submitted an NFT-related trademark application for its brand Snickers. Cross-chain oracle solution SupraOracles has partnered with NFT market MADworld. BSCFA Announces Lucky Floki Acquires BSC STAR Whitelist Web3 Ventures announced that it has purchased 150 NFTs from digital identity and immersive land project PunkScapes. Silicon Valley production team will launch Web3 project. NFT market NuqtahNFT has reached a strategic cooperation with Consensys. Blockchain IntelligenceGroup launches NFT risk and investigation tool NFTExplorer. DEX aggregator ParaSwap launches peer-to-peer NFT trading application. Web3 social application Palmare and Refinable have reached a strategic cooperation. Beverly Hills, Los Angeles, USA has submitted NFT and Metaverse related trademark applications. Rapper Snoop Dogg has filed two NFT and Metaverse-related trademark applications. The well-known American affordable luxury brand COACH and Web3 studio 1BLOCK have reached a cooperation and will launch a limited edition NFT. Web3 social network Showtime launches Showtime 2 with Free NFTs as its flagship feature. Yuga Labs hires key members of Christie’s NFT team as CryptoPunks brand leaders. Blockchain racing game K4 Rally partners with Xchange Monster to provide a Web3 gaming experience. The Sandbox and Time Magazine will develop TIME Square in the metaverse. Luxury fashion brand Burberry and blockchain gaming company Mythical Games will collaborate to launch game characters, decorations and virtual worlds. Metaverse game developer Bison has launched the first playable demo of Forgottent Runiverse. Web3 credential data network Project Galaxy has reached cooperation with the metaverse project AlterVerse. BitWell said it has sufficient reserves and will expand global talent recruitment. Poly Network launches a systematic development framework to provide developers with "interoperability as a service". The "Boring Ape" NFT project announced that it will cooperate with Rolling Stone magazine to develop a joint NFT and will be auctioned publicly. MoonPay officially launches HyperMint, a practical NFT casting service. FTX has withdrawn from negotiations for a sponsorship deal with Major League Baseball's Los Angeles Angels. The chain game Crypto Kitties is regarded as an "illegal and harmful website" in South Korea. British car company Lotus Cars has announced a partnership with Ripple to develop its first NFT series, with XRP Ledger (XRPL) and NFT PRO providing technical support and NFT solutions. Coinbase NFT supports multiple wallets online, and a single account can connect up to 10 wallet addresses. Quidd launches the ability to mint and unmint digital collectibles into NFTs. Meta will expand NFT testing in Instagram and Facebook. Uniswap airdrop conditions have been corrected to require holding Genie Genesis NFT at the snapshot on April 15. GSR announced its NFT investment portfolio "GSR Blue", which includes blue-chip PFP and generative art based on Ethereum and Solana. Doodles announced the upcoming second season of NFTs. The Sandbox announces partnership with anime FootballCooperate with the copyright owners of "Little General" to introduce it into the Sandbox metaverse. Luxury brand Gucci has submitted 5 trademark applications for its name and logo, covering NFT-supported media, crypto brokerage services, exchanges, market services, virtual clothing, vehicles, real estate, fashion shows and currencies. NFTGo announced that it will officially launch the aggregated trading function in July. Ledger launched the NFT market Ledger Market and Web3 service platform for enterprises. ConsenSys officially announced the release of the beta version of the blockchain platform Infura NFT API, which enables Infura users to easily and verify digital assets and create metadata templates, allowing them to customize and develop NFTs. E-commerce giant Shopify is offering merchants new ways to connect with loyal customers through NFTs. The founder of RSS3 announced official support for RSS. Ethereum NFT project Doodles announced the appointment of musician Pharrell Williams as chief brand officer at the NFT.NYC conference. He will help shape the series' series of initiatives in music, artwork, consumer products, animation and events. Web3 digital identity platform Unstoppable Domains announces integration with ShapeShift. Stephen Curry's BAYC avatar is displayed on the P01NT.co official website. Technology media Techmeme is about to launch an NFT section. Phantom already supports listing NFT directly on Magic Eden within the browser extension application. Mars has submitted trademark applications for Yuanverse and NFT for its brand Dove. ConsenSys adds NFT functionality to MetaMask institutional portfolio dashboard. Ground X, a subsidiary of Kakao, will transfer its virtual asset wallet Kaikas business to Sfresso247. The National Hockey League (NHL), composed of North American ice hockey teams, announced a partnership with NFT platform Sweet to create an NFT series and market that includes past and current NHL players. Italian high-end luxury brand Gucci purchased $25,000 of NFT market SuperRare token RARE to join SuperRare DAO. After Gucci joins the DAO, it will launch the "Vault Art Space" exhibition, which will include a selection of NFT artworks by 29 artists. Binance has established a partnership with Ronaldo to issue a series of NFT collectibles. The NFT game "Blankos Block Party" will be launched on the Epic Games Store. Other Chongqing Hongyan Revolutionary History Museum released its first digital collection in limited quantities. Instagram launches parental control metaverse monitoring feature. HTC's new mobile phone product will be a "metaverse vehicle". Through close connection with VIVERSE, various functions of the metaverse can be used on the mobile phone. Domestic technology leaderiFlytek, a local company, officially launched the "Xingzhi" digital collection platform, and announced that it will go on sale at 12:00 on June 20 with two first-release digital collections. CCTV launched the first large-scale immersive digital interactive space with metaverse concept "Sanxingdui Fantasy Journey". Unstoppable Domains partners with the City of Miami to provide free Web3 education to Miami residents. Dewu App officially launched the digital collection platform. Meta is partnering with Balenciaga, Prada and Tom Brown to launch a digital fashion marketplace. For the first time, Tuhu Automobile has issued a limited edition of 6 "Tiger General" series digital collections, limited to 10,000 pieces. Jiujiyuan, a low-alcohol trendy drinking brand, announced the launch of its second work "Liuguang Weijiu" with the boring ape BAYC#6686 as the core element, with a limited edition of 999 pieces. Beijing Winter Olympics figure skating "daughter" Anna Shcherbakova has the world's first digital collection. China Record Group has launched a digital collection. Shenzhen International Preparatory Academy releases digital collections. Kugou Music released the country’s first digital music collection of intangible cultural instruments, “Ancient Lehua Chapter”. The virtual human Mei Setian serves as the promotion officer of the Metaverse at the Beijing International Film Festival. China Mobile Games launched the digital art copyright distribution platform "Youyu Art". Metaverse was selected into the startup field of LG Startup Incubator North America Innovation Center. The Gansu Provincial Department of Culture and Tourism issued the "Ruyi Gansu" digital commemorative ticket. HTC’s chairman joins Lenovo’s board of directors and may explore expanding the development of Metaverse applications. Luxury mobile phone brand Vertu partners with Binance to launch NFT and smartphones. Twitter's board of directors approves Musk's $44 billion acquisition offer. GF Securities pointed out that China’s digital collection industry is expected to move towards standardization and differentiation. Market news: Meta’s Metaverse hardware and headphone business are slowing down. Ming-Chi Kuo revised his forecast for Metaverse hardware/headphone shipments to drop by 25-35% in 2022. Microsoft will stop selling AI emotion recognition technology and limit the use of facial recognition tools. Zuckerberg announced that Facebook Pay will be renamed Meta Pay. The official digital collection of CBA game floors is released. Metaverse startup Translucia has partnered with software development company Two Bulls to allocate $100 million to build a Metaverse research and development center. Multiple parties in Japan mentioned Web3 and encryption tax reform in their July Senate election promises. American guitar manufacturer Fender collaborates with Meta to launch the music metaverse Stratoverse. The decentralized cloud service platform Ankr has launched an application chain, allowing DApp developers to build exclusive chains. Nanjing University of Aeronautics and Astronautics releases digital collection. Hangzhou Public Transport’s first digital collection. ADAM Chinese community, the first data encryption computing network based on Web3.0, officially launched the "Volunteer Recruitment Activity". Meta will reduce Yuanverse smart hardware shipments in 2022 by 3 million units. Investment and Financing News Chain game Earth From Another Sun completed US$4.5 million in financing. Huobi Lianchuang Dujun and BMAN launch US$400 million Web3fund. Blockchain gaming company Clockwork Labs completed a $22 million Series A round of financing, led by a16z. Blockchain company Ekta completed US$60 million in financing, led by Global Emerging Markets. NFT smart wallet Castle completed a $1.5 million Pre-Seed round of financing, led by Dragonfly Capital. Encryption infrastructure service provider Alchemy launches a $25 million developer grant program to support Web3 projects. Crypto art platform Outland announced that it had completed a $5 million seed round of financing in March 2022. NFT startup Fika completed US$4 million in financing. Dai Nippon Printing Co., Ltd. DNP has cooperated with Alpha Code, which is responsible for VR/MR live video distribution business, to provide services that connect reality and virtuality. Animoca Brands acquires over 80% of TinyTap’s issued capital. Game company Admix will merge with Metaverse company LandVault, with the combined valuation reaching $300 million. NFT lending platform Astaria completed US$8 million in financing. MachineFi Lab, the core developer of the IoT blockchain platform IoTeX, completed a $50 million Series A financing, with participation from Hashkey Capital and others. "Qihuo Technology" received tens of millions of yuan in angel round financing. This round of financing was led by Linear Capital, with the listed company Oya Design also participating. Web infrastructure Platform.sh has completed a $140 million Series D round led by Digital Partners. Afropolitan, an NFT-based "community-as-a-service" startup, completed a $2.1 million pre-seed round of financing. Lingdi Style3D, a digital infrastructure service provider for the physical world, completed nearly US$100 million in Pre B+ round of financing to build digital fashion infrastructure. Chain gaming platform MetaOne has completed a US$2 million private equity round of financing, with participation from Huobi Ventures and others. Web3 education platform Neol completed a $5.2 million seed round of financing, with Kyu Collective and Global Ventures co-leading the investment. Solana ecological NFT market Magic Eden completed a US$130 million Series B financing at a valuation of US$1.6 billion. DeFi developer Coin98 Labs has announced the acquisition of Vietnamese game studio Yunero Studios to accelerate Web3 mass adoption through GameFi. Transfr VR, a provider of VR/AR training solutions, completed US$35 million in Series B financing. Uniswap Labs acquires NFT aggregation market Genie and issues USDC airdrops to qualified users. Metaverse music platform Authentic Artists announced the completion of strategic financing. Venture capital firm 1confirmation announces launch of 1billion dollar NFT fund. Game developer CloudFeather Games completed a $1.25 million seed round of financing. Japanese virtual IP company Brave group Inc. completed US$10 million in financing, with participation from Dawn Capital and others. Web3 news startup Capsule Social completed a $2.6 million seed round of financing, led by Beacon Fund. Swiss crypto startup Nobank announced the completion of a 1 million Swiss franc (approximately $1.03 million) seed round of financing. AR industrial startup KIT-AR completed a seed round of financing of 2 million euros. Opinion Billionaire hedge fund manager Lee Cooperman: NFT and Crypto are “junk” and it will be difficult for the market to recover in the short term. Tigran Gambaryan, Vice President of Global Intelligence and Investigations at Binance: India will become a global center for blockchain, encryption and Web3. Report: The NFT market size will increase to US$7.3908 billion by 2028. Bank for International Settlements (BIS): Digital assets still face structural problems as the Terra ecosystem collapses. Well-known director Spike Lee: Using NFT to fund movies will “bring more democracy to filmmaking.” Lou Jianxun, Vice President of Digital Technology of Ant Group: Digital transformation has become a new driving force for promoting Chinese industries to move towards the middle and high end of the global value chain. Ant Group Digital Technology AIoT Shi Yi: Blockchain + IoT build a source of trusted physical world links. Sun Xi, senior expert in strategic research at the Ant Group Research Institute: Blockchain brings new opportunities to the development of the new energy industry.