SEC Bi-weekly report - Issue No. 9

Dear SEC followers:

Issue No.9 of SEC Bi-weekly will be reported on 2nd Wednesday,July!

One - Project Schedule

• Completed light-weight database of SEC Blockchain system;

• Completed supporting database for Wallet of SEC Blockchain system;

• Developing SEC end users based on ELECTRON;

• Developing support database for wallet and enquiry database of multiple-chains Transaction;

• Developing website of internal data enquiry for Blockchain system to check data information of block in the blockchain, follow up transaction record and check node address and status;

• Developing consensus algorithm, and now developing proof algorithm of workload in the group;

• Developing smart contract system, initially realized SECVM, and now developing interface between SECVM and JSON-RPC telecommunication among nodes.

Two - Progress of team

• The grand opening ceremony of 2018 Global Blockchain Summit and 1st Blockchain Application Result and Experience Exhibition were held in Marriott International Exhibition Center, Manila,Philippines.Mr.Chonglang, who is responsible for technology of SEC social E-commerce chain in Chinese region, attended this forum as a distinguished guest of table meeting, and addressed his idea and opinion for the topic of “Painful point and future trend of landing application for blockchain. Meanwhile, SEC social E-commerce chain, regarded as the landing application of global first “Blockchain+Social E-commerce”, was also met with enthusiast of global blockchain in the Result and Experience Exhibition.

• After the meeting, Mr.Chonglang accepted the interviews from Philippine National Television and other various media, he addressed that SEC social chain aimed at establishing next generation of E-commerce Blockchain system, and promoted socialization of E-commerce. By creating the common consensus on the commodity between people and people, the development of global social E-commerce will be accelerated. Therefore, the social E-commerce chain was released on the Global Industrial Summit in Manila, and expanded the international reputation and industrial influence for SEC. It connected with Philippine E-Commerce users, who show interests in SEC and laid the foundation of accelerating SEC in the Southeast Asia.

Three - Dynamics of community

• Until July,11th,2018, total number of people in SEC telegraph group reached 34,109.

• SEC foundation and Wegoo Group jointly invested and established Tongzheng Holdings Co.,Ltd, and provided consultancy and technical service for traditional brand and Wechat business based on SEC blockchain. Currently, Tongzheng Holdings Co.,Ltd has signed service of contract for two offline brands.

• The co-founder of Chinese branch for SEC Social Networking Club is still under recruitment, adding regional co-founding members like Guangzhou, Qingyuan, Qingdao etc. The reward management system of SEC Club backstage was formally launched. The club additionally set the professional levels of directors and officers.