Focusing on breakthroughs in the underlying technology of the blockchain, "Complicated Beauty" promotes the future of the industry with technology open source

Hangzhou Complex Beauty Technology Co., Ltd. (hereinafter referred to as: Complex Beauty) was established in 2008. It is a blockchain underlying technology provider dedicated to the research and development of high-performance matching technology, focusing on blockchain matching systems and blockchain liquidation systems. Application and promotion.

The company started the development and application of blockchain and smart contracts in 2013, and applied for and authorized China's first blockchain invention patent in 2014. After 9 years of technology accumulation and iteration, Fuzzy Beauty has built a stable and efficient blockchain system in the application segment of the blockchain industry, with deep technical barriers.

The company now has a fully self-developed chain33 blockchain underlying technology platform, which is open-sourced on Github, and is an earlier parachain architecture system that has been put into operation. It has mastered the core technology of low latency and high concurrency, and can realize modular development , to build a mature pluggable, high-performance, and easy-to-expand "main chain + parachain" ecosystem.

Based on the modular design and collaborative development, the platform greatly reduces the development and maintenance costs of the blockchain, and realizes fast and easy-to-use cross-chain transactions. The parachain project involves multiple dimensions such as public chain, alliance chain, parachain, supply chain accounts receivable transfer, blockchain e-commerce, blockchain traceability, decentralized social networking, blockchain deposit certificate, warehouse receipt pledge financing, etc. .

It is worth noting that "open source" is the core keyword of chain33, the underlying technology source platform of Complex Beauty blockchain, which can be described as a clear stream for a market that relies on monopoly for profit. Wu Sijin, founder & CEO of the company, said: The reason for choosing open source is based on the logic similar to the Android system.

"Android is a free and open-source operating system based on the Linux kernel. Through open source, the system can be expanded rapidly, and it is more friendly to partner companies. Complex beauty chain33 chooses open source, which can effectively reduce the bargaining pressure for partner companies. And attract more excellent companies to jointly develop the underlying technology of the blockchain, whether it is data transmission, smart contracts, or private transactions, can be collaboratively developed to reduce redundant construction and optimize resources." Wu Sijin said.

chain33 adopts the PBFT (Byzantine) consensus mechanism and the main chain parallel chain architecture, which has the advantages of low delay and high throughput, and is suitable for the application of private chains and alliance chains. Chain33 has the characteristics of high efficiency, stability, simplicity, and security as a whole. Transactions are consensus and stored on the main chain, and multiple parallel chains process transactions at the same time. Private chains, alliance chains, and public chains can all be configured, making it easy to deploy smartphones written in native code. Contract, which is better than the performance of running in a virtual machine smart contract. In addition, smart contracts can be flexibly deployed on the parallel chain without affecting the security of the main chain. Taking into account both security and flexibility, it is conducive to the development of ecological diversification.

The parallel chain uses the chain33 main chain security consensus, and the security main chain is provided. If the parachain is damaged or attacked, the data can be quickly synchronized from the main chain to ensure data security. At the same time, parachains support the deployment of their own micro-consensus and ecology, support cross-chains between the main chain and parachains, cross-chain transactions between parachains, and cross-chains with other chains, which is flexible and efficient.

In Wu Sijin's view, the blockchain is not only a technology, but also the core means for the decentralization of the current industry and the realization of openness and transparency. It is known as the "Internet of Value". Decentralization is the inevitable direction of development in the future, and the open source technology of the blockchain underlying technology made by Complex Beauty is to help small and medium-sized enterprises take the express train of the future economy.

In terms of business model, the company mainly provides free and open platforms for the government and enterprises. According to the additional needs of enterprises, it charges customized service fees by module, and the current revenue exceeds 10 million.

Since 2017, Complex Beauty has successively launched blockchain projects for many Fortune 500 companies such as HNA Horizon Line and State Grid. Other cooperative units include Microsoft, Xiaomi, JD.com, Huawei, and Shanghai Automotive. The "Midea Financial Blockchain Bill Trading Platform", jointly developed by the company, was rated as "Excellent Financial Application Case" at the 2017 Trusted Blockchain Summit.

Up to now, Fufumei team has a total of about 200 people, of which R&D personnel account for more than 60%, and many of them are senior architects and program engineers from Tuniu, Huawei, Ali, Hikvision and other well-known enterprises in the industry.

The founder, Wu Sijin, graduated from Zhejiang University with a bachelor's degree and a master's degree. He has been authorized for more than 100 blockchain invention patents. He is an expert of the Blockchain Committee of the Chinese Institute of Electronics, a consultant for the Zhejiang Blockchain Association, the School of Information of Xiamen University, and China Unicom. Participated in the central bank's blockchain technology exchanges several times.

The company is now the vice-chairman unit of Zhejiang Blockchain Association, a member unit of Zhongguancun Blockchain Industry Alliance, DCA Trusted Blockchain Experts and Working Group, and the vice-chairman unit of Hangzhou Blockchain Technology and Application Association. In December 2019, Fufumei obtained the national high-tech enterprise qualification certificate, and Fufumei's chain33 blockchain underlying technology architecture has been awarded the security assessment by the National Internet Emergency Center-Blockchain Security Technology Center.

Previously, Complex Beauty has completed tens of millions of yuan in financing, and the funds will be mainly used to increase technology research and development, continuously improve the product structure, and partly be used for market development and continuous team building.

On top of the trend, the blockchain will change social life with astonishing strength and speed, and complex beauty will continue to exert its strength and jointly build open source, becoming a firm force for the decentralized development of the industry.

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