Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: QuarkChainOfficial on August 31, 2019, 07:01:27 AM
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QuarkChain and Unicom Innovation Venture Capital Co., Ltd. (hereafter abbreviated as Unicom Innovation VC) have established a strategic partnership. Both sides will fully use their advantages of technology, products, assets. and resources to find a blockchain innovation lab and explore the blockchain technology applications in energy security and steel industry areas.
With the arrival of the era of 5G and the development of the Internet of Things, the cost of information collection is lowered down greatly. Mastering the full set of production information and stock data information will help the enterprises to improve production efficiency. Blockchain systems are able to realize efficient data storage and a tamper resistance mechanism. Thanks to its efficient and secure underlying architecture and its state sharding technology which is plug-in-play, QuarkChain can meet the requirements of the data record and support the development of DApp in the future industry based on its flexibility and scalability. In addition,
QuarkChain supports other vertical public chains. It brings a wider prospect of cooperation for both sides.
Through this cooperation, Unicom Innovation VC will make full use of its advantages of brand effect and platform. In addition, Unicom Innovation VC will activate more industrial resources from the innovation fields of the mobile internet. The cooperative model of “Public Chain Plus VC” created by QuarkChain and Unicom Innovation VC is a new attempt of blockchain application deployment and it serves as a role model for the combination of blockchain and the traditional fields in the future.
About Unicom Innovation VC
Unicom Innovation Venture Capital Co.,Ltd. was founded in April 2014. It is a wholly-owned subsidiary of China United Network Communications Co. Ltd. which invested 200 million Chinese Yuan. The company adopts an operation model of “Business Incubation Service Plus Investment Platform”. It invests mainly in Internet directions and value-added telecommunications business. It chooses excellent startups that are in their infant stage or growing stage to fund and incubate. These startups are either related to China Unicom’s main business or have the potential to collaborate with China Unicom’s business. They are chosen from fields such as the Internet, mobile Internet, cloud computing, the Internet of Things, E-commerce, culture, and new media.
About QuarkChain
QuarkChain is the first public chain to implement state sharding. Thanks to its great design of sharding function, QuarkChian has realized a high TPS. At the same time, it makes customization available for four factors: consensus, token economy, virtual machines, and ledger model. QuarkChain has become a flexible, scalable, and user-friendly blockchain with the highly secure, decentralized, and highly efficient underlying architecture.
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