The First China-Australia Blockchain Ecology Construction Summit was successfully held as the “ACTE 2018 Australia-China Economic and Trade Expo” at the Melbourne Convention and Exhibition Center in Australia on August 25, 2018. The most authoritative blockchain investment funds co-hosted the Summit in Australia and China — VFUND and Genesis Capital.
The summit enables blockchain industry developers, investors, well-known entrepreneurs, cryptocurrency experts to exchange ideas on the controversial issues.
During the meetup, Chris Coo of Skycoin China gave a speech on Skycoin Ecosystem. She detailed the Skycoin’s ecosystem. It is an inclusive network architecture and network transmission such as Skywire, CXO, Fiber, hardware and protocols such as Obelisk (consensus algorithm), Skyminer, Wallets and so on.
Skycoin is a crypto platform that is believed to be alternative to the internet. According to Chris’s speech, the entirety of this project was built on bandwidth, storage and computational power that allegedly supports Satoshi’s visions.
In her speech, Chris explained the Strengths of Skycoin Fiber Blockchain Platform:
“One of the strongest features of blockchain 3.0 is that when a strand of blockchain system is added to the Fiber, it increases the strength of the whole network. After all, the strands of blockchain make up the entire Fiber ecosystem.”
This means that individuals and companies can get their blockchain projects hosted on Fiber and get to enjoy all the benefits of blockchain including on a fully customizable private highway of blockchains.
The platform will not only provide high speed, but it will also have improved memory management. This makes it ideal for use even for small businesses, private and public institutions, and anyone who wants a stable, scalable, blockchain platform that brings autonomy and full control.
Through this meeting, it is believed that it will strengthen the community consensus of Skycoin and enhance its image as an international project. As the global gathering steps continue, Skycoin will pass on the value of the future Internet to more blockchain fans.