Aofex

aelf Leading Blockchain Technology Innovation Center in Tianjin

| Updated
by Andy Watson · 3 min read
aelf Leading Blockchain Technology Innovation Center in Tianjin
Photo: aelf

China has adopted aelf Enterprise as the first underlying infrastructure of the blockchain to meet the needs of Tianjin’s blockchain technology application in the future.

On May 21st local time, Tianjin Blockchain Technology Innovation Center was officially unveiled at the opening ceremony of the Tianjin National New Generation Artificial Intelligence Innovation and Development Pilot Zone Summit Forum. The Tianjin Blockchain Technology Innovation Center, led and founded by aelf, is buttressed by the Chinese government from the perspectives of policies, business land, community, talents, and many more. Technical-wise, it is comprehensively approved and willingly supported by Tsinghua fellow – Weimin Zheng.

During the opening ceremony, Tsinghua fellow Weimin Zheng highly approved of aelf’s blockchain tech:

“The development of the blockchain industry is facing many universal problems, the most intractable of which is public chain’s core capabilities. With years of efforts, aelf could now provide a distinguished solution. aelf Enterprise is well reputed in its capabilities of providing well-rounded  security, technology, and scalability support for aelf ECO – the self-managed blockchain ecosystem.”

In the Innovation Center, aelf has been contributing to much down-to-earth work, including the blockchain architecture design and infrastructure; blockchain transformation consulting and solution design; blockchain system monitoring and operation and maintenance; decentralized smart contract application research and development; and many more.

As blockchain has become a part of China’s development strategy, Chinese domestic public chains have attracted more and more attention. Since 2019, China has pinpointed the blockchain as an imperative national strategy, thus vigorously promoted the application of blockchain technology. The second most powerful nation has now begun to advocate and implement it from the lines of finance, supply chain, and government affairs.

China has adopted aelf Enterprise as the first underlying infrastructure of the blockchain to meet the needs of Tianjin’s blockchain technology application in the future. The Tianjin Municipal Government focuses on supporting a blockchain technology innovation center. The members of this center include the aelf team and Fellows at Tianjin  University, Chinese Academy of Engineering, and many more.

With years of working and investing, aelf has achieved many accomplishments. Looking deeply into its different facets, it is not surprised aelf reached the seemed to be overnighted success:

  • aelf is the first to achieve a fully autonomous, controllable and real-time open-source blockchain system
  • aelf is the first blockchain system to process 100,000-level high-throughput concurrent data aelf is the first blockchain system that supports multi-scenario cross-chain collaborative work mechanism
  • aelf is the first blockchain system with a highly scalable multi-level tree structure
  • aelf is the first blockchain system that can run smart contracts in mainstream programming languages

With the buttress of the top-tier technical expert as well as the favor from the Chinese government, aelf will be able to invite more Dapps and scenarios into its blockchain ecosystem – aelf ECO. The aelf ECO is inclusive. Thanks to aelf Enterprise’s parallel multi-sidechain structure, aelf could offer the very fundamental support to certain subdivisions, such as finance, manufacturing, file storage, copyright certification, and many more. And they can be freely combined to achieve a variety of different applications.

“In the future, aelf will actively play the two-way driving role of technology exploration and application landing. We will contribute to making Tianjin into a leading domestic and world-class blockchain technology innovation highland, an application highland, and a talent highland. Tianjin will contribute to the improvement of the world’s blockchain industry ecology, and highlight “China” on the international blockchain competition arena. Cheers”, said and looked ahead by Haobo Ma in the ceremony.

Altcoin News, Blockchain News, Cryptocurrency news, News
Andy Watson
Author Andy Watson

Please check out latest news, expert comments and industry insights from Coinspeaker's contributors.

Related Articles