SimpleChain won the "2018 Award for Best Application in the Block Chain Industry" in Davos



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DAVOS, Switzerland – (BUSINESS WIRE– During the recent World Economic Forum in Davos, the "2019 World Forum
Blockchain Summit "was officially held and the" 2018 Best Blockchain
Industry Application Award "was presented at the conference. DataQin (https://en.dataqin.com/)
won the award with his excellent public channel project "SimpleChain".

The 2018 Best Blockchain Industry Application Award aims to bring together
more blockchain developers, explore the combination of multiple
industries with blockchain technology, and promote the maintenance
blockchain applications innovation.

The award was created by the China Blockchain Application Center and
were selected by a panel of experts organized by China Blockchain
Application Center. The expert committee consists of blockchain
application users, government authorities and academic researchers.
have objective and fair judgments. The authority and impartiality of
prices are recognized in the industry.

Despite the mbadive fall in market prices compared to the previous year, the blockchain
and cryptocurrency are still the important subject of the Davos Forum. the
The annual meeting of the 2019 World Economic Forum in Davos focuses on
"Globalization 4.0: Building a global architecture in the age of
Fourth Industrial Revolution. "Sheila Warren, Head of the Blockchain of
World Economic Forum, believes that blockchain technology is the
foundation of the fourth industrial revolution. "We see the blockchain
as a fundamental technology. When scalability is reached,
Decentralization can increase equality of opportunity and meet personal needs.
autonomy in terms of data in a more humane way, "said Sheila Warren.

SimpleChain is a public channel whose purpose in design is to create a
usable and easy-to-use distributed string net that really promotes
formation of a distributed digital economy. The most notable feature of
SimpleChain is the double layer structure. The underlying main chain
consensus has been defined as proof of work with an innovative algorithm.
The main goal of the main channel is to secure the unification and
purpose of the distributed ledger data. In addition, the flexibility could be
provided by a second layer above the main chain, called underlay
Chain. Meanwhile, the substring is customizable for any type of
consensus algorithm for applications …

Read the full article: http://www.digitaljournal.com/pr/4134064

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