Sunny Lu (CEO of Bechain) Jianliang Gu (CTO of VeChain) Vechain Tech Deep Dive Series Session 1, Episode 1: Introduction to VeChain’s Technology Stack Good morning Time is so fast It’s already been three months since VeChain mainnet started Almost three years have passed since our journey began. Over the past few years, Both our Vechain team and the community We’ve done so many things.
So, personally, I am very, very happy. I sincerely believe that VeChain is a valuable project and I have no doubts And I hope it will be a good journey with everyone here, and I think it will. Last year, We work with leading stable companies and universities We have formed a partnership. In addition, to launch the VeChain manner I put in countless efforts.
We have been in the last 3 months I have invested a lot in community management, Individual members of the community Regardless of the technical background, No matter how much knowledge you have about blockchain, In one’s own position I was hoping that I could benefit from this project.
Previously, we explained to the community in detail the VET token swap process. It was in the same context that we put a lot of effort into it. From now on, We start a new chapter on our journey. Make more practical applications It will contribute to the real economy. To achieve this Our team cannot do it alone. To achieve the goal, all community members We sincerely ask you to be with us.
Now we’re going to go deeper into the new technologies We are going to release one by one as a series. In the near future, There are also plans to hold a developer conference (DEVCON). We are not only inviting professional developers, Many entrepreneurs are also planning to invite. Our goal is to hold a commercial developer conference Many business resources and I would like to introduce you to the opportunity.
We are fully prepared for this series, Experience accumulated over the past 3 years I summarized it. For example, With various companies from various backgrounds The methods used to cooperate, The standard business processes we have developed, Our achievements and There are several key points for developing an ecosystem.
I hope these will be of great help to you in the future. We want to share our experiences with you, Both business and technical experience We want to share all of our professional development tools.
The reason is that developers can more easily We hope that it will help you develop apps that can be used in real life. In the first few VeChain Tech Deep Dive series, Among the achievements Vichain has achieved so far You will be dealing with the technical part.
The next part I will introduce you to our plans for the near future. Sure Community members’ ideas and advice on promoting the project It is always welcome. It is also welcome to develop real-life applications. Generally, We adhere to our principles We will always develop our products to meet your business needs And we will let our products drive technological advances.
When developing an application We focus on real-world applications. Technology becomes a tool that enables us to meet the needs of the real world. Today, we are here to meet our CTO, Mr With GU To all of you about the technological achievements we have made so far.
I will tell you more Mr Please welcome Gu. Mr Gu is the CTO of our team Long before he joined the VeChain team Worked as IT Director at TCL & Alcatel By taking this position Served as the head of more than one hundred technical team members. The most impressive part As we see, The first IoT device development in China One of the few pioneers.
It’s not what I’m proud of, it’s a real pioneer. Now, let’s take a look at Vichain’s technology stack. I prepared an outline of the portfolio. ViChain’s technology team architecture is divided into three main parts.
First, our blockchain core. This is related to the core development of the blockchain, Includes consensus and synchronization mechanisms, Includes smart contracts and virtual systems.
Second, it is an application and an integrated solution. This is what makes Vichain different from other blockchain projects. In the last 3 years, We are true We found that many companies are interested in developing blockchain-based solutions.
But mostly I had no idea what to do. Right They were fascinated by technology, I had no idea how to apply this technology to my business. So we have the tools they need and Started to provide processes, services, and developed integrated solutions.
Third, it is an embedded system. Judging from our previous project, Many business scenarios have been associated with IoT and embedded systems. This is Mr Gu’s speciality. If you look at the bottom of the portfolio Besides the technology itself We want to have support tools. This allows you to provide a more comprehensive solution to your end-users. For example, You will have a full-featured document centre.
As well as technical documents, Commercial development documents and case studies will also be provided. To be honest, For developers, developing blockchain technology is not an easy task. In the past few years we have, To support these integrated solutions Dedicated to building and training our own blockchain development team.
This includes beginners as well as experienced developers. We want developers to build blockchain applications To make development easier and more convenient We plan to provide global technical support Moreover, we have a research program.
Through this, we are cooperating academically with many elite universities, We will be adding two more elite universities soon. The most prestigious universities. In this program, Elite universities will be our partners’ They will be announced as our academic partners.
This is very essential for us. Because, This partnership is Research and development direction, and Because it represents even technical solutions for applications. Right. Our chief scientist, Mr Zhou will elaborate on the study later. At this point, the five-part Vichain tech team I would like to briefly introduce you. The first is the blockchain team.
You don’t need so many people here. Second is the infrastructure development team. It’s an integral part of our team. They are responsible for providing public services. Public service is the highway It’s like an infrastructure such as a gas station or street light.
We built a highway (blockchain-based) Then we need public services to make the highway more useful. We need to provide these services to make it easier for developers. We are committed to providing these public services in the future. We hope that more community members will join us.
Then, more tools and services will be available within the VeChain ecosystem. Third, the Applications & Solutions team. A team that serves our corporate clients who use the application. Yes. With our team When customers can’t develop their own applications, We can provide immediate service. In the future, We want the community to be a pivotal player in delivering solutions. More teams can emerge from the community. It could be a big company like DNV GL or PwC, It could be a startup like Totient.
Noteworthy, from an expert’s point of view Mr As Gu said, each software program 50% of the time is spent on design and development Must be devoted The rest should be distributed to development and QA. Yes. It is very important to ensure the quality of your software. Lastly, our innovation lab, or research team, is Dr. Zhou is in charge. In fact, this research team only works with researchers inside the VeChain team. Is not included, It also includes the universities we work with. In fact, most of the partner universities eventually It will be an integral part of the team.
So we will jointly prepare for the technology for the future. Good. This is the overall organization chart of our technical team. Next, let’s talk about the hardware-related part. The underlying IoT layer is divided into several parts. In addition to the brief introduction by Sunny earlier Let me introduce more detailed details.
My name is Gu Jianliang. I oversee the overall technical R&D of the VeChain team. In 2001, I first started working on RFID and NFC. So I have quite a lot of experience and know-how I have been able to build it over the past 20 years. I’m thinking about where technology and industry will go in the future. I have developed personal awareness. So today I will not introduce a product that is too simple.
The reason is, through this tech deep dive series, A lot of people Because we want to educate you to have a basic understanding. We have a lot of blockchain companies and other technology companies You don’t get bored with talking about hardware or software technology.
And many are embarrassed. Because they don’t know what these things are. Today’s purpose is letting everyone know what VeChain is doing It is to enable you to have a deeper understanding of VeChain technology. Through this way A company that truly wants the real economy of this industry You know better if you are developing an application.
Okay. Before moving on to the technical section, We need to revisit VeChain’s technology stack. (Change seats.) The VeChain team’s technology stack is divided into three main layers. The first is the blockchain core we talked about earlier. This is our public platform and extends to sidechain technology. These are all included in the core blockchain technology.
Also, smart contracts and smart contract-based services Included in the blockchain core technology. The second tier is applications and solutions. This part is for industrial applications. That companies can use immediately or after minor modifications Services and products are provided.
So the application & solution part is actually It is connected with the company’s existing ERP system. Yes. For example, when looking at technologies such as artificial intelligence (AI), Internet of Things (IoT), big data, and cloud computing, All of these are considered in the Applications & Solutions part.
In this part, we aim to provide a very user-friendly interface. So, whether in software or API form, Whether you are an existing software service provider You can easily access our technical services. In fact, what we are currently focusing on is the IoT embedded system. In this part, I divide this built-in system into two layers. The first part is the lower layer, the point of contact.
For example, NFC, RFID and sensors. These can all be categorized as sensing parts Temperature sensors are also included here. The second layer is the connection. We have a lot of technology for connectivity. For example, cellular mobile, 2G, 3G, 4G, It even includes 5G mentioned earlier.
There are also low power local area networks (LANs) such as Sub-1G. Various technologies can help us. Information is recognized on the bottom floor. Then, using these connection technologies Connect to an existing Internet server.
With our solution, We upload this information to the blockchain. The reason we divided this technology into three tiers is simple. Blockchain technology solves the data verification problem. We all know that data on the blockchain cannot be manipulated. So the data is real.
However, we cannot guarantee that the data comes from. So we have to put more effort into this. When we add a non-chain cryptographic engine to the Internet of Things, We understand the sources of data collected from IoT devices, The source of the encryption algorithm is reliable and can be trusted.
In this case, the data is uploaded to the blockchain, When an application on the blockchain uses blockchain data You can completely trust that data. This is actually a frequently asked question in the community. That is, can the blockchain ensure the true validity of the data on the chain? Yes.
But how can you ensure the validity of the exchange of information? is. We’re talking about something like “data exchange method” You need to pay attention, this is the connection. What kind of transport protocol should we use? Right.
The other part is about the point of contact. What kind of chip should we apply? Also we have a variety of business scenarios, Technology, cost constraints, etc.
must be considered. We even want to support the correct use of existing IoT devices. Installation and calibration should also be considered.
Or to meet business requirements in a reasonable way. Yes. Okay, next, let’s talk about the IoT part of our embedded system.
There was a lot of information today, If you have any questions, please send them in the live AMA session.
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