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SEC Weekly Issue No.24


Dear Sectors:

In the past week, the Social Ecommerce Chain work has progressed smoothly: the German technical team is working hard; the operation team continues to promote cooperation between the parties, and implement the ecological layout of the Social Ecommerce Chain in future applications.

The following is the issue 24 weekly report.

The Social Ecommerce Chain Information
  • SEC Token on Exchanges

  • Now, SEC - Social Ecommerce Chain is available for trades on exchanges: Fcoin, Coinegg, Bitinfi. The Social Ecommerce Chain team keeps close contacting with many exchanges.

  • Token Inquiry

  • The platform - Feixiaohao has listed SEC token on the official website , fans are welcome to follow the SEC token real-time price and information.

Project progress
  • The Social Ecommerce Chain Main Program

  • Testing the main program of the Social Ecommerce Chain blockchain system;

  • Testing main network and deploying test nodes across the board. Currently, test nodes have been deployed in major countries and large cities, such as Canada, Singapore, Ireland, Frankfurt, Tokyo, Paris, Seoul, London, Mumbai, California, and North. Virginia, Sydney, São Paulo;

  • Fixed the synchronization problem of the Social Ecommerce Chain nodes in greater China;

  • Fixed multiple bugs and increased the system stability and robustness.

  • Client Wallet

  • Tested the average transfer time of client wallets;

  • Fixed Pending status during transfer of the Social Ecommerce Chain wallet in China.

Product Progress
  • Launched Product

  • The Social Ecommerce Chain focused on the social e-commerce industry from the very beginning, from the perspective of establishing a network of transaction trust to solve the social e-commerce development pain points, and adopted a multi-chain parallel structure, creating autonomous domain and node community technology, using the DPOS+POW consensus algorithm. The Social Ecommerce Chain has the characteristics of easy landing, and provides blockchain integration based on Social Ecommerce Chain and social e-commerce economic model design services for traditional brands and micro-business brands. At present, it has reached cooperation with 6 industry-strength enterprises, and 2 of them have entered the deployment stage.

  • Product Upgrade

  • In practice and exploration, the Social Ecommerce Chain has a deeper understanding of the blockchain technology and the design of the economic model, and has a clearer plan for the future ecology. With the application of blockchain technology and years of experience in e-commerce, the Social Ecommerce Chain will reconstruct a new form to online market, link all online merchants and consumers, and solve the trust problem of online transactions. At present, the Social Ecommerce Chain has made huge breakthrough in both business model demonstration and economic model design, providing self-consistent business logic for post-line product development.

Team progress
  • On November 6, 2018, Quan Yi, a senior consultant of the the Social Ecommerce Chain and president of the Shenzhen Financial Technology Promotion Association, was invited to participate in the “China (Shenzhen) International Finance Expo”. In the round-table dialogue session, Quan, as one of the dialogue guests, expressed his views on the theme of “The Future of China's Urban Digital Economy”. The views were highly recognized by other guests and audiences on the scene. After the Expo,  Quan exchanged views on blockchain technology with many exhibitors and entrepreneurs. When it comes to the Social Ecommerce Chain, they agreed to visit the company and talk about cooperation immediately.


Quan Yi expressed views on "the future of China's urban digital economy"

  • China (Shenzhen) International Finance Expo is one of the three major financial exhibitions in China. It is hosted by the Shenzhen Municipal People's Government and has played a positive role in promoting regional financial industry development, international exchanges and cooperation, and financial industry innovation and cross-border cooperation. Shenzhen Party Secretary Wang Rong and Mayor Xu Qin attended the Expo.

Ecological Progress
  • The Foundation has directly or indirectly invested some institutions and platforms involved in the upstream and downstream of the blockchain industry, including but not limited to the Social E-Commerce International Club, Youxin Shopping, Founding Education, Hualian Capital, Token Holding, Xin Chain, Pineapple Finance, together with the Social Ecommerce Chain global R&D team, they formed the Social Ecommerce Chain ecological layout, with the aim of providing a strong soft power guarantee for the Social Ecommerce Chain ultimate launching.

Operational Progress
International Dynamics
  • The Social Ecommerce Chain has opened multiple international social media accounts such as Facebook, Twitter, Medium, Quora, YouTube, Google+, Reddit. The  Social Ecommerce Chain getting more attention internationally and increasingly interacting with partners globally. Welcome to domestic friends to fan each other, we will launch activities occasionally.

As of November 07, 2018, the data of core overseas social media are as follows:

  • Twitter: 1033 followers

  • Facebook Group: 561 members

  • FB Fan Page: 112 likes

  • Quora: 434 total hits; Interactive: 32 times

  • Reddit karma: 4 highest; Post Total Hits: 2165 times

National Dynamics
  • As of November 07, 2018, the Social Ecommerce Chain opened official social media for both national and international markets, namely WeChat, Weibo, Facebook, Twitter, Telegram, and got through channels in blockchain and other mainstream media and platforms outside the blockchain industry, covering more than 40% of people of blockchain industry, and more people will be covered in future.

Community dynamic
  • As of November 07, 2018, the number of SEC telegram group is 22,748,including Chinese 22,347 , English 401 .


Now the Social Ecommerce Chain has opened the following channels:

Welcome to pay attention, consult and join!

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