QuarkChain Ecosystem Progress Report No.1

Dear QuarkChain Community members,
As QuarkChain grows, we appreciate your company. We will update our ecosystem progress from time to time. This is the first report which includes what is the new progress for our ecosystem.

1. Project Progress of Partners

1.1. Ankr

Ankr is one of the most popular projects in decentralized cloud computing field. They just selected 10 cities to hold meetups that were voted by the community. Ankr launched its prototype in Moscow for the first time, which realized the decentralized cloud computing.

1.2. CovalentChain

CovalentChain, as the first B2B public chain, just launched Dapp - BizPanet, opened 1000 internal test accounts for Android users to test. This makes CovalentChain become the first realized blockchain B2B platform.

In addition, CovalentChain partners with several companies including Molbase (the biggest chemicals trading platform in China). They will work together on community, data, applications and technology.

1.3. Drep

DREP Foundation will start “Reputation Mining” for 10,000 people soon. Their community members will get reputation value through their contributions and gain rewards for mining. DREP was interviewed by some professional analysts from different AMA media, e.g., TokenClub and TokenGazer recently.

1.4. LendChain

LendChain has launched platform 1.0. Borrowers can mortgage ETH, BTC, USDT, BCH, GXS and QKC on the platform to release the loan demand, and other users can borrow the corresponding digital currency to realize asset appreciation.

LendChain is developing platform 2.0, which will have a decentralized asset management solution. The platform itself does not have the right to call the fund unless the third party (investors or custodians) confirms. This will secure users’ asset security on the platform.

1.5. ValPromise

Valpromise (VPP) debut listed on Fcoin in mid-July. VPP has already held two auctions of option successfully and the number of audiences in the last live broadcast reached 30,000. One of the users got BCH option by 630,000 VPP, and GET project bought GET option by 850,000 VPP. Those two new options will be in the VPP app after the process.

2. New Partners

2.1. CertiK

https://medium.com/certik/certik-x-quarkchain-secure-efficient-ecosystem-478c34894baa
“A strategic cooperation was reached between CertiK and QuarkChain recently. As the first signed security partner of QuarkChain, CertiK will provide QuarkChain a top-notch security verification solution to resist potential hacking for the smart contract on its public chains, and further improve the security and reliability of QuarkChain. On June 2018, CertiK completed the first formal verification for QuarkChain’s ICO; safe-guarded all the potential security risks for QKC’s debut on Binance.”

“But the combination of CertiK and QuarkChain goes far beyond this. Trust and transaction speed are the two major bottlenecks in blockchain technology today. The core of QuarkChain is to solve transaction speed (TPS) problems, by applying the fragmentational tech and decentralized architecture. Compared to a centralized security model, the decentralized architecture poses even greater security challenges. The modular verification introduced by the CertiK team naturally adapts to the exclusive needs of QuarkChain, which helps the QuarkChain solve the security problems of sharding transactions and build a more reliable ecosystem through layered verification technology.”

2.2. Celer Network

https://medium.com/celer-network/celer-network-and-quarkchain-partnership-announcement-1bf2ad23778b
“With the aligned vision and the fully complementary technical stacks, Celer Network and QuarkChain will collaborate on facilitating and showcasing applications that best leverage QuarkChain’s high-throughput scalable sharding architecture and Celer Network’s low-latency off-chain scaling platform. Together, Celer Network and QuarkChain will enable unprecedented scalability and usability for decentralized blockchain applications.”

2.3. OATH Protocol

https://medium.com/@oathprotocol/oath-protocol-announces-a-strategic-partnership-with-quarkchain-d5cb29acf2a6
“The collaboration between OATH and QuarkChain is the first of its kind, and a leading example of a public chain’s use of a decentralized governance protocol. It allows the public chain to give the rights and controls back to its community and gives everyone a fair chance to decide the future of the chain.

With QuarkChain’s high-throughput scalable architecture, great communities, and healthy ecosystem, OATH protocol can be used in a wide variety of scenarios.”

2.4. OneLedger

https://medium.com/@OneLedger/oneledger-quarkchain-partnership-432c93243e1d
“We are proud to announce that a strategic partnership has been established between OneLedger and QuarkChain. As the first cross-chain partner QuarkChain has signed with, OneLedger will provide highly efficient cross-chain infrastructure protocol to the smart contract on QuarkChain. OneLedger released its MVP earlier in June this year, demonstrating a powerful cross-chain consensus engine.”

2.5. SciDex

https://medium.com/scidex/scidex-scidex-is-partnering-with-quarkchain-c7148101a652
“Together, QuarkChain and SciDex will accelerate and facilitate the adoption of blockchain technology by businesses. The aim is to combine the QuarkChain technology, which provides significantly higher output transactions per second (TPS), and the SciDex protocol, which focuses on making smart contracts compliant and adaptable for corporations to use.”