The Force Protocol Bi Weekly Report

09/07/2019–09/20/2019

In the past two weeks, the technical research and development and external activities of The Force Protocol have been in continuous progress. Thus, we are delighted to share these progress with our supporters and followers. In addition, The Force Protocol Global Partners Program has been released!

The Force Protocol alongside with BlockVC, one global leading venture capital, and TROY, one global leading broker, jointly organised “The Night of TROY & FOR” , aiming to gather blockchain leaders to discuss the existing blockchain ecosystem and the future development of the industry.

Chao XU, COO of The Force Protocol, made a presentation on ‘The Development and The Ecosystem of The Force Protocol’. Chao saluted to the 10th year of the birth of Bitcoin and then described the development of The Force Protocol since the inception. Meanwhile, Chao was delighted to announce the plan of ‘The Force Protocol Global Partners Program’ in pursuit of the global development. Besides, Kennen, CEO of The Force Mining, implied that cloud hashrate is the best investment strategy of POW while staking is the best choice of POS.

David LEI was invited to the 2nd Summit for Banking Innovation and Fintech with numerous banking executives and representatives to discuss the problems of traditional banking, the relationship beteen banks and fintech companies, the loan dilemma of micro enterprises and other hot issues.

David LEI delivered a speech about “Today and Future of Opensource Application” which explained in details the current situation of open finance. David enhanced the confidence that the open finance in the early phase so far would get better and stronger in the next 5 years and become an inevitable force. In the future, the open finance is likely to combine smart contract and open bank, which would realize real P2P.

Xiang WANG, partner of The Force Partners, was invited to Beijing Consensus Night Cocktail Party on 9th organized by Collinstar Capital and Hdao.io. Xiang WANG shared his opinions on “The Sustainable Development of The Force Protocol” during the event. Xiang WANG indicated the inevitalbe contradiction between token price maintenance and business income stabilization in the development of a blockchain project.

The Force Protocol is expected to traverse the reducing period with multi-dimensional business. The establishment of ecosystem not only provides revenue support for the sustainable development but also opes up more application scenarios in the business. The Force Protocol, concentrating on the main business line of open source, has already formed a complete ecosystem with The Force Protocol and The Force Partners and will gradually improve service capacity with The Force Mining, BiBiDai, exchange and etc.

The Force Protocol Obtained the award of “The Most Astonishing projects in the Industry” in “EBTC 2019 Chinese Blockchain Technology & Ecosystem Awards” in Shenzhen on September 17th. The Force Protocol was honored to be selected as the winner of the award.

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