The DREP Foundation and the University of Sydney Blockchain Association signed a strategic cooperation agreement to achieve the vision of building a developer community. The developer community is the most cherished and difficult part of all blockchain companies, and its essential element is the human resources of universities. In 2018, Xiaolong Xu, co-founder of DREP, had participated in the sharing meeting of the Sydney blockchain community Next Genius.
Sydney University Blockchain Innovation Factor
As early as 2017, researchers at the University of Sydney (USYD) were developing a new blockchain technology called "Red Belly Blockchain". The research used the most cutting-edge consensus mechanism as the underlying research object. Simulate any network attacks that may be encountered to ensure that the network can maintain the integrity of the public alliance 100%, and can support daily business activities that require high concurrency in performance. At present, the red belly block chain has been tested in 1000 nodes in 14 countries in the Americas, Asia-Pacific and Europe. A test result released by the Federal Scientific and Industrial Research Organization (CSIRO) shows that the network can handle every second 30,000 cross-border transactions.
DREP have reached the top together with a number of international universities as
Prior to this, DREP has established the first blockchain internship base with Nanyang International Science and Technology Innovation Center of Nanyang Technological University in Singapore, and signed cooperation agreements with Korean universities Sungkyunkwan University and Kyung Hee University to build a developer community alliance. The DREP system brings the blockchain talents of colleges and universities through its own projects and actual combat experience, and is more pragmatic. It also integrates the developer resources of colleges and universities, strengthens the DREP developer community, and helps maintain the sensitivity of college developers to the industry To shape the core competitiveness of college blockchain technology and commerce. In the not-too-distant future, DREP will lead the developer community and relevant government units to jointly build a blockchain experiment and promotion base that integrates production, learning and research.
DREP Australia landing ecology at a glance
DREP has always focused on the docking and research and development of blockchain in corporate scenarios, and Australia is an important station in the ecological layout of DREP. The current blockchain technology landing partners include: Australia 58 city Yeeyi.com, Australia Meituan comment HarkHark.com.au.
Yeeyi -Australia's largest comprehensive O2O platform
Services provided by DREP:
1) Use DREP SDK to solve the development problems and security vulnerabilities left by Discuz (open source code) for Yeeyi, and issue point assets;
2) Through "transaction mining" for Yeeyi platform to realize the flow of cash and landing payment transaction functions;
3) Use DREP ID to optimize the account system for Yeeyi, increase user loyalty and viscosity, and provide user privacy protection.
Functions of DREP Token in products:
1) DREP Token is the transaction fee for the deposit and withdrawal and transfer of "transaction mining" in the Yeeyi platform;
2) DREP Token needs to be consumed as a bidding advertisement, targeted placement and other services in the Yeeyi platform;
3) Yeeyi needs to use DREP Token when calling DREP SDK account functions, data services, privacy services and other protocols;
4) If Yeeyi Coin does not issue decentralized tokens based on DREP in the future, it will directly use DREP Token to circulate on the platform.
Harkhark -Australia's leading group buyout delivery platform
Services provided by DREP:
1) Use the SDK developed by DREP for the O2O industry (mainly the points system and bidding system) to realize the basic demands of the platform to improve user conversion rate and payment rate;
2) Use DREP ID to optimize the platform account system, cultivate users' rights and assets awareness, increase loyalty and stickiness, and protect user privacy;
3) Issue stable currency assets through the DREP system, use stable currency as a settlement method, and apply it to the "last mile" online network across Australia.
Functions of DREP Token in products:
1) Harkhark needs to use DREP Token when calling DREP SDK account functions, data services, privacy services and other protocols;
2) Before Hark Coin goes online for trading, DREP Token serves as the only globally circulating asset in the system;
3) If Hark Coin issues stable currency assets in the future, DREP Token will be used as a mortgage credit asset.
The above is the cooperation information between DREP and the University of Sydney Blockchain Association. Thank you for your continued attention to DREP! DREP will continue to bring good news to everyone in the next development.
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