Connecting with the real economy, Ulord's core technology innovation will become a leader in the field of blockchain digital content

The Information Center of the Ministry of Industry and Information Technology officially released the "2018 China Blockchain Industry Development White Paper" on May 20. The data shows that compared with the increasingly stringent background of digital currency supervision, support and encouragement for blockchain technology has become a global consensus. Driven by both policies and markets, blockchain applications are mainly concentrated in the real economy industry, and its value is also reflected in the value increment brought by the landing scenarios.

On the afternoon of May 22, the Ulord public chain launch conference with the theme of "Technology Craftsmanship, Co-creation with U" hosted by the Ulord Foundation was grandly held at the Diaoyutai State Guesthouse in Beijing. Guests including Hou Yunchun, former deputy director of the Development Research Center of the State Council, Liu Yunjie, academician of the Chinese Academy of Engineering, Liu Qiaoyi, former political commissar of the School of Computer Science of the National University of Defense Technology, Nam Taek-hyun, CEO of South Korean comprehensive entertainment media company THE E&M, and Yi Lihua, founder of Lede Capital, attended the conference and delivered speeches.

(Ulord CEO Tan Lin)

At the meeting, Ulord CEO Tan Lin said that Ulord focuses on the research of core blockchain technology, with the goal of building the first domestically autonomous and controllable public chain, accelerating the realization of blockchain technology serving the development of enterprises and society, and truly allowing blockchain technology to serve the country's economic development.

Ulord overcomes the difficulties of blockchain application in industries and realizes the widespread application of blockchain.

Liu Yunjie, an academician of the Chinese Academy of Engineering, mentioned in his speech: After the integration of the Internet and the real economy, there are many problems that need to be solved by new technologies, and blockchain is an important field in which it can play a role. At present, the Internet faces great challenges in terms of security, knowledge, and reliability. How to solve the application problems of the real economy in the Internet through blockchain is being explored both at home and abroad.

(Liu Yunjie, Academician of the Chinese Academy of Engineering)

As the most important underlying technology of blockchain technology, its openness and ease of use are crucial. Compared with the current mainstream public chains, Bitcoin, Ethereum and other traditional blockchain architectures do not support external triggering of smart contracts. From the perspective of consensus mechanism, they always have only one node or one worker to process at a time, which leads to a lack of hardware and efficiency. Among them, Ethereum smart contracts only support on-chain data access, which is ultimately difficult to meet the growing application needs of blockchain, not to mention various problems in terms of transaction confirmation speed.

In response to the practical problems of the above blockchain development, Ulord, as a point-to-point value transfer public chain, has overcome the most important underlying technical difficulties of blockchain, allowing developers to access and apply high-performance blockchain at the lowest cost, so that they can focus on building at the application level and realize the widespread implementation of blockchain applications.

Blockchain technology represents Ulord public chain, making the value of blockchain truly realized

Hou Yunchun, former deputy director of the Development Research Center of the State Council, said at the meeting that blockchain technology is a tool whose vitality lies in its maximum practical application. In the Ulord public chain, creation can be put in, reducing intermediate links and strengthening the connection between authors and readers. This is the actual application scenario of blockchain technology, which can greatly reduce intermediate links, improve efficiency, reduce costs, and facilitate effective communication between authors and customers.

(Hou Yunchun, former deputy director of the Development Research Center of the State Council)

The Ulord development team has summarized a number of solutions suitable for the needs of various industries through in-depth research on blockchain projects in the real industry and corporate project cooperation practices. By quickly capturing corporate needs and targeting the technical threshold of combining projects with blockchain, under the guidance of Ulord's professional technical personnel, the pain points and difficulties encountered by enterprises in the project development process are greatly and effectively reduced. In addition, the first demonstration application DAPP developed on the Ulord public chain, Ushare, will be launched to the market. This application, which focuses on blockchain learning sharing and experience exchange, has been fully recognized and paid attention to by the market, demonstrating the mature and reliable underlying architecture technology of the Ulord platform and the absolute security of information.

Ulord is obviously a very suitable public chain choice for application scenarios with high requirements for trust, security and durability, including the financial industry, Internet of Things, public service, charity, content distribution, supply chain and many other fields. Ulord public chain provides the most solid underlying security prevention technology. Tan Lin said that as a typical developer of Ushare, with a fully functional API interface, in the face of market recognition, it will actively encourage all kinds of developers to jointly build their own blockchain applications on the Ulord public chain.

(Signed a strategic cooperation agreement with the China-Europe Association for Economic and Technical Cooperation)

Undoubtedly, blockchain, as an important technology in cutting-edge financial technology, is leading a new round of technological and industrial changes in the world. Domestically, the innovation of blockchain technology represented by Ulord is accelerating, and it is in a leading position in some related technologies. Relying on the support of technical strength and focusing on the implementation of scenarios, Ulord will work with partners to establish a long-term mechanism for in-depth cooperation between blockchain and the real economy, jointly create a win-win blockchain ecology of technological innovation, create a good development environment, and provide strong guarantees for in-depth services for industrial blockchain projects.

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