China Gov’t-Linked Investment Org Plans Int’l Blockchain Center, Leaked Doc Says

https://cointelegraph.com/news/china-govt-linked-investment-org-plans-intl-blockchain-center-leaked-doc-says


The government-linked Investment Association of China (IAC) is planning to create an “International Blockchain Investment Development Center,” aimed at introducing industry standards and Blockchain investment alliances and funds, local news outlet The Paper reported March 14.

The IAC is a national social organization registered under the Ministry of Civil Affairs of the People’s Republic of China.
The Paper cites a photo posted online, apparently of a leaked government memorandum on the implementation of the “Thirteenth Five-Year-Plan” to develop innovation in Blockchain  technology. Liu Ren, the vice chairman of the China Investment Association as well as the chairman of its Foreign Capital Committee, confirmed the validity of the document to The Paper, citing Blockchain’s rise in popularity as the impetus for forming the center.



According to the document, the Blockchain innovation plan overall involves linking domestic and international resources, investing in Chinese Blockchain projects, consulting for foreign investment in Blockchain, leading international Blockchain forums, as well as setting up the investment development center.
Ren told The Paper that the center will be officially announced on March 18, and an international summit on Blockchain may be held in May 2018. The photographed document is also stamped March 18, 2018.
While the Chinese government has implemented various bans around cryptocurrency trading and use in the country this year, it appears to be more open to development in Blockchain technology as a whole. The state-run Bank of China has filed a patent released in Feb. 2018 for a solution to scale Blockchain technology systems, and China’s top retailer, JD.com, announced the launch of a startup incubator to attract foreign Blockchain projects in late February.

This is the Moment for Crypto - A Song by David Hasselhoff

https://video.genyoutube.net/0meoP4XjSPY

worth read

BCH Heading Towards the Abyss?

https://medium.com/@btcWolves/bch-heading-towards-the-abyss-f1b2b9ec41f1

A Warning To Kucoin Users

https://www.cryptoleak.io/a-warning-to-kucoin-users/

Guide for how u can pass NEP-5 assets in NEO-GUI (( go all the way down...))

http://docs.neo.org/en-us/node/gui.html

NEP-5 Assets
The NEO-GUI client supports NEP-5 assets transactions. To make a NEP-5 asset transaction, you first need to click Advanced -> Options in the client to add a script hash for the NEP-5 asset. Then you can select the NEP-5 asset type for asset transfer and exchange transactions

https://neotracker.io/contract/ceab719b8baa2310f232ee0d277c061704541cfb

Riccardo Spagni
fluffypony
Follow Follow @fluffypony

Even if this never gets past the Monero Research Lab’s review (its consensus critical after all) *THIS* is how you give back to a parent project you’re fork from.

https://twitter.com/masaricurrency

https://twitter.com/fluffypony/status/971103127947669505

@sylon
I didnt received yet... (( bounty ))
Can you take a look please
Thk u in advance

Weiss Rating in depth explanation for NEO taking the highest Grade (Weiss Newsletter)
 by ma0za

https://www.reddit.com/r/CryptoCurrency/comments/827mea/weiss_rating_in_depth_explanation_for_neo_taking/

Dear Investor,
Some folks in the crypto world seem to love a fight, punching and counterpunching about each other's favorite coin. Our love is strictly for independence and objectivity.
Our ratings are not a beauty contest. They are based on meticulous analysis and a mathematical model that makes hundreds of thousands of calculations to fairly evaluate investment risk and reward ... as well as technology and adoption fundamentals across the entire universe of cryptos that we cover. So whether the agenda is to attack a particular grade or to defend it, isolating a single variable is a mistake.
Unlike Moody's, Standard & Poor's, Fitch and other firms, we never accept compensation of any kind from issuers. Our revenues are derived strictly from the sale of our research to individual consumers, investors and other end users. And unlike some investment research organizations, we have hired cryptocurrency analysts and consultants with deep experience in the industry.
With this preamble, let me respond to the latest controversy: our grade for NEO.
Bitcoin.com writes:
"Granting NEO an A confirms, in the eyes of critics, that Weiss — a company with no background in cryptocurrency — doesn't understand the industry it is judging. What sort of skewed ratings system places one of the world's most centralized cryptocurrencies leagues ahead of one of the most decentralized (bitcoin)?"
Why we give Bitcoin a C+ is the subject of our whitepaper published here one month ago. Why we give NEO a higher grade is the subject of our commentary today.
NEO's Weiss Rating Explained
NEO is a B+ right now, down a notch from an A- earlier. Is that a significant downgrade? No.
As we said from the outset in Weiss Cryptocurrency Ratings Explained, "The metrics used to evaluate cryptocurrencies can change more rapidly than those of other investments. Therefore, when using Weiss Cryptocurrency Ratings, investors should expect frequent upgrades and downgrades."
Moreover, an important component of our ratings is investment risk and reward, which is based mostly on price action. So, market swings can also cause upgrades and downgrades ... even if the underlying technology and fundamentals are unchanged. Relative to other coins, NEO's reward/risk metrics have been rising nicely for quite some time. Last week, they came back down somewhat.
We recognize this is not the kind of rating crypto industry leaders and developers were expecting. They wanted a rating that sticks strictly to the coin's technology and fundamentals, regardless of what happens in the markets. But our primary objective is to help investors make more money with less risk. And to validate our ratings, we've run them thorough regression analysis, demonstrating that they achieve that objective very well — something that would not have been possible with mostly static grades.
NEO Technology
NEO is already starting to do what Ethereum aims to do in the future. The founders' stated mission is to become the go-to blockchain platform for creating a "Smart Economy," including Initial Coin Offerings and applications that can range from supply-chain management or package tracking to games. Our ratings model has identified the following strengths that can support their mission:
Strength #1. NEO is powered by the dBFT (delegated Byzantine Fault Tolerance) consensus algorithm. This allows for about one thousand transactions per second, making it one of the fastest currently functional blockchains. In contrast, Ethereum is — for now, at least — too slow to be the go-to smart contract platform for the economy of the future.
Strength #2. The dBFT consensus algorithm allows NEO token holders to elect their block producers, called "bookkeepers." This aligns the interests of block producers with those of the community, introducing elements of on-chain governance to the network — a key to ensuring the future sustainability of the ecosystem.
Strength #3. NEO's focus on interoperability with side-chains and external blockchains is another plus.
Strength #4. The coin's compliance-driven structure allows individuals and organizations to store their digital identity (VID) on the blockchain. We believe this is a feature that all projects should have if they hope to integrate with existing economies, businesses and communities.
Simultaneously, our model has also identified some issues of potential concern:
Concern #1. The way NEO handles ID on the blockchain could potentially lead to censorship in the future. If a platform intends to remain censorship-resistant, the ID is something that needs to be handled with extreme care to protect user privacy.
Concern #2. Other blockchain projects in development boast technology that's more robust than NEO's. They have solid teams of developers and a roadmap to "take over" the space some years from now.
NEO Fundamentals
Projects with the best chance to succeed in the longer term are not strictly those with the best mousetrap. They are those that, in addition to good technology, can build a broad community around them. NEO scores well in this area because of several factors:
Although NEO doesn't enjoy the adoption of more-established projects like Bitcoin, Ethereum or Ripple, its adoption is on an upward path as it gains more recognition.
It has a dedicated developer community that focuses on building applications specifically for the NEO ecosystem.
NEO's popularity on social media also helps, potentially establishing NEO as a household name in the crypto space.
Our model also likes the fact that there's almost no correlation between price action and usage on the network. Unlike many other coins, where usage rises and falls with the ups and downs of speculative activity, NEO's relatively stable usage implies real-world, non-speculative adoption of its technology.
What About Centralization?
One of the big criticisms cited for NEO is centralization. Our model recognizes this issue. But it views most of the criticism as premature for four reasons:
First, because NEO is essentially still in alpha, and this is not unusual for a cryptocurrency. Even Bitcoin is arguably still in development. In fact, the latest Bitcoin Core version 0.16.0 was just released days ago.
Second, control by the founding team is also very common, especially among third- and even second-generation currencies. In fact, some would argue that, in the early stages, this kind of centralization can be a necessary evil. It allows the creators to fix bugs and test new features in a quick and easy manner.
Later, once a crypto is widely used, it can be more difficult. Just ask Bitcoin or Ethereum developers. Many of them say the process of upgrading their networks is like "trying to fix the engine on a car while it's speeding down the highway."
Third, NEO's consensus protocol is built from the ground up for decentralization. That shows its technology is capable of achieving that goal in the future.
Fourth, our model also measures NEO's centralization metrics in the real world. For example, it looks at who's actually running the nodes and how the network is reaching consensus. On these metrics, we don't think any cryptocurrency has yet achieved true decentralization, and that includes both newer cryptocurrencies such as NEO, EOS, Cardano and Stellar, as well older ones like Bitcoin, Ethereum or Ripple.
Our model punishes them for it. But at this stage in the industry's evolution, it does not grade a crypto expecting perfection. And the math demonstrates that NEO's centralization is more or less in line with that of other coins.
Multiple Factors
As I suggested at the outset, one single variable cannot be used to attack or defend any Weiss Cryptocurrency Rating. This is particularly true for NEO. It demonstrates a relatively good balance of mostly positive scores across the board: A technology that allows the platform to scale ... relatively strong usage metrics that go beyond mere speculation ... plus, I might add, trading patterns indicating it's a favorite of the investment community.
We believe 2018 could be a very interesting year for NEO. The longer Ethereum is unable to solve its scalability issues, the more new projects will look for alternative platforms.
NEO is open for business. It's ready to scale and support thousands of dApps. And it could indeed become one of the go-to platforms for the Smart Economy of the future.
Best wishes,
Juan

worth read
DD & DYOR....for not to forget....

Cryptocurrency best practices

https://www.blockchaincenter.net/cryptocurrency-best-practices/?lang=en

Matrix AI Network — The #1 Crypto You Want to Own…

https://medium.com/@keithtuskey/matrix-ai-network-the-1-crypto-you-want-to-own-758661a5fa23


WHY MATRIX HAS A SHOT TO DETHRONE KING NEO
China blockchain projects are experiencing an interesting transition. While China clamps down on ICOs and trading, some blockchain projects are thriving. Remember, China dislikes cryptocurrency, but loves blockchain.
China, for all the crypto industry woes it caused, was smart to clamp down. China plays to win and China is very patient. They focus on the future and winning in the long term.
It is true China shut down trading because they want to protect consumers from ponzi schemes and scams, but they also did it so they could reign in all the crappy ICOs and figure out how to make their premier blockchain projects rise to the surface. They will not let the outside world own blockchain. Remember that.
The most promising projects in China are the likes of IoT Chain, Nebulas (though this is more International), CPChain, and others. Notice that I didn’t mention NEO. NEO is the crypto world’s darling right now and for good reason. NEO has tremendous momentum and a killer platform, but the folks that I’ve spoken to within China think NEO is a Western manufactured superstar. That doesn’t mean that they don’t think the technology is great… they just don’t feel like its China’s alone. They prefer truly homegrown top tier technologies where they can hang their prideful hats on.
That brings us to Matrix AI Network. Matrix has some 3.0 (argue 4.0) features that really address a lot of the pain points that current day and even forward thinking platforms can only dream about.

#1 — Speed
I’m not going to repeat the scalability issues the industry has raised. We know them. Matrix’s goal of 1,000,000 TPS on-chain is a jaw dropper. Enough said.

#2 — Security
Blockchains are secure. Smart contracts are not. Quantstamp’s (QSP) existence is to find security holes in Ethereum smart contracts (eventually other platforms). It’s a great team, technology, and business model. They have a lot of very solid VCs backing them. Now take QSP’s model and incorporate that into artificial intelligence where machines spot the security holes for every new partner that is launched on the platform. That’s Matrix. It cuts down the time to market and eliminates the additional cost. Talk about foresight.

#3 — Flexible
Matrix will be able to blend private and public blockchains seamlessly. Businesses will also be able to control which is private and which is public data. Think Internet and Intranet blending seamlessly. This is hugely important to the business community.
The token will also be able to be used seamlessly between public and private.

#4 — Ease of Use
And yes, the best for last. I’ve been in the tech industry for 25+ years and have worked in many industries so I know how business processes work. IT departments are routinely criticized as being bottlenecks because the business wants everything yesterday.
To give a real-world example let’s take a look at internal business reporting. When data analysis first started becoming important it was usually driven by IT departments creating data warehouses and building reports for the business. This was fine for standard reports that didn’t change, but what happens when a business owner wants a custom report? Insert a ticket, prioritize the ticket, development builds it, and the wait begins for the next build. This became unacceptable (rightly so) to the business so tool companies built easy-to-use end user reporting tools that allowed the business to tap into the data warehouse without IT intervention.

Now think about that analogy with smart contracts. Very few developers know solidity (Ethereum’s SC programming language) or any of the proprietary languages for smart contracts which has led to a shortage of SC developers. NEO was smart to allow widely used languages on their platform, BUT this still requires developers.
Now think about how companies who do contract execution work today. If a business analyst wants to create a contract with a vendor they don’t call IT. They create the contract, the contract terms are agreed upon, and the contract is executed. The problem with smart contracts is they require additional resources that are already at a premium. This creates added cost, time, and layers.

Matrix allows the business to design and execute the contracts in natural language. This is the game changing feature that many businesses will embrace. I can’t overstate how significant this one feature is. This will increase adoption for Matrix at a much faster pace which then creates the desired holy grail network effect.
My last point is the team. This is a HUGELY ambitious project and you have to have a team that can execute. Matrix has an all-star team. AI wise they are the best of the best having won competitions for their work. Given how hot blockchain is and how big this project is a lot of top tier developers will easily gravitate to projects like this.
I’m not going to cover the other promising areas of Matrix like partnerships, government relationships, existing projects (hospitals, One Belt One Road, banks) and their VC backing which are all critical to the success of such a big project.

I’ve done many many hours of study on Matrix and other China blockchain projects. This is the one that I think touches real-world use cases more than all others. Of all the industries that I’ve been in I can honestly say each one of them would have benefited from a platform like Matrix. Kudos to the team for the solid forward thinking and addressing real-world business processes.
Remember, crypto is still very young and projects like this need time to mature. This is definitely a long game and there is a lot of risk so just be aware and due your own diligence.

MatrixAINetwork/WhitePaper

https://github.com/MatrixAINetwork/WhitePaper/blob/master/MATRIXBusinessWhitePaper.pdf

Matrix Business White Paper

https://www.scribd.com/document/369346419/Matrix-Business-White-Paper

https://matrix.ai/

Malcolm Lerider
Mar 5
Shoutout to take responsibility

https://medium.com/@MalcolmLerider/shoutout-to-take-responsibility-5717dc72367a

Response to last day’s tweets.

The system can handle nodes going down, as shown here: https://twitter.com/coz_official/status/970494691471798273
I call it an edge case because it requires a node being out of sync, going offline, then back online during consensus, and send ”change view” (because out of sync) when the consensus is already at a high iteration number (6 or more). Every time a view is changed, the view time is increased. This mean that there is an increasing delay in each iteration to be able to receive all consensus messages. What we experienced yesterday is a combination of 1. Delay is too long, 2. Consensus messages being forwarded with priority but not received with priority (queued behind other messages). These will be fixed in upcoming patch.

Even though delay occures, the consistency is and never was threatened. NEO’s consensus algorithm prioritize finality, so the worst thing that can happen is a block delay. Canesin and members of City of Zion + Red4Sec addressed these claims on both Twitter (https://twitter.com/canesin/status/970392581279535105?s=19) and Reddit (https://www.reddit.com/r/NEO/comments/81xzz5/dev_on_twitter_rips_into_neo_looking_for/dv68dda/).

Our development community is open and anyone sending me and/or CoZ Council a message will get a reply. My email is open to everyone (malcolm@neo.org), and I also answer on everything on our Discord (@lerider). We are very reachable and I feel it is a pity that some people make claims without even looking into the problem. It is one thing that ”crypto-fans” are making these claims; that is fully understandable. However, when so called ”industry leaders” are spreading claims like this, then we should take a timeout and consider if we really want to have these persons as ”industry leaders” and if they really are as knowledgable as they claim to be.

Code modifications to integrate Ledger HW device into monero-wallet-cli.

https://github.com/monero-project/monero/commit/c7ace5fa3d412410312e21c55c28068dcd625fef

[Official] Achain AMA with Eric Wang (CPO) - March 1st, 2018

https://np.reddit.com/r/Achain_Official/comments/7xqut3/official_achain_ama_with_eric_wang_cpo_march_1st/

https://www.achain.com/dapp.html#/

Pundix ,LinkEye,Selfsell,Kcash ,Simons Chain,Coinfix ,Blackstone ,CryptoDogs ....

Wowoo announce token sale and whitelist details

https://neonewstoday.com/general/wowoo-token-sale/

On March 1st, 2018, Wowoo announced their public token sale, which will take place on March 12, 2018. Wowoo seeks to be a platform that creates value for the creation and distribution of meaningful content. The Singapore-based service-content platform aims to provide a question and answer (Q&A) virtual ecosystem that will incentivize users to provide sincere responses to other user inquiries.

About Wowoo

In the Wowoo ecosystem, the “Wower” (Wer) is an individual who provides content or answers, whereas a “Wowee” (Wee) is a user who receives a product, service, or requested information through the platform. Wowoo will use WowBit (WWB) NEP-5 tokens to pay users who have provided relevant subject matter.

Wowoo originally planned to launch on the Ethereum blockchain, but opted to migrate to the NEO blockchain for a variety of factors. Some of Wowoo’s reason for selecting NEO include; the Smart Economy’s ability to implement digital identity, its potential for high transaction speeds, and level of liquidity.

The Wowoo Council has a variety of individuals with diverse backgrounds who are advising and guiding the platform’s development. Council members include Kaneto Kanemoto, CEO and Founder of OKWAVE; Gen Matsuda, CEO and Founder of AsZ Holdings; Hiro Rokugawa, Attorney/Managing Partner at Ogasawara, Konno, and Rokugawa Law Firm; Roger Ver, CEO of Bitcoin.com; and, Da Hongfei, CEO of Onchain, and Founder of NEO...............

interesting idea

worth read...

Guardian Circle announce switch to NEO platform

https://neonewstoday.com/general/guardium-announce-switch-to-neo-platform/


On March 2nd, 2018, Guardian Circle announced that they will be switching to the NEO platform and are distributing their Guardium token as a NEP-5 token. Guardium aims to provide decentralized emergency response services to create a ‘flash-mob’ of help.

Guardian Circle already has an exisiting application available on the App Store and Google Play, which allows users to invite friends, family and neighbors to be Guardians. In the event of an emergency, the user sends an immediate alert notification to their Guardians. The Guardians then enter an ‘Alert room’ with a map sharing everyone’s location and a chat feature which enables users to formulate a plan to send help.

The application is intended for use in cases such as personal injury, harassment, or medical emergency.

The vision for Guardium is to integrate cryptocurrency with Guardian Circle to create a marketplace of personal protection and 911-style services. In addition to friends and family, users will be able to purchase protection from semi-pro and professional responders as Guardians for different types of situations, such as EMT’s, security guards, translators etc.

Guardian Circle believes the current centralized 911 model is out of date, citing reasons such as –

Proximity of help – Services dispatched through a local switchboard, may have a long distance to travel
Location of Emergency – Responders need a detailed explanation of location
Scalability – Centralization reduces scalability
Distribution – Four billion people do not have access to a 911 service
Knowledge of responder – First responders are entering into situations where knowledge may be limited
User Interface – Emergency response is handled through phone calls and in many cases the caller cannot speak (such as in cases of stroke).........

Guide for how u can pass NEP-5 assets in NEO-GUI (( go all the way down...))

http://docs.neo.org/en-us/node/gui.html

NEP-5 Assets
The NEO-GUI client supports NEP-5 assets transactions. To make a NEP-5 asset transaction, you first need to click Advanced -> Options in the client to add a script hash for the NEP-5 asset. Then you can select the NEP-5 asset type for asset transfer and exchange transactions

https://neotracker.io/contract/ceab719b8baa2310f232ee0d277c061704541cfb

We’re happy to invite you to join our first meetup in San Francisco hosted at the Sheraton Sunnyvale Hotel.

https://twitter.com/AchainOfficial/status/969410990109376512

THEKEY Updated FAQ 2.0

https://medium.com/@thekeyvip/thekey-updated-faq-2-0-a53493e1b83a

Q1: What is THEKEY? What problems does THEKEY solve?
THEKEY Project is now developing a second-generation IDV solution for the internet via BDMI technology. BDMI stands for “Blockchain based Dynamic Multi-Dimension Identification” technology. Such a solution perfectly echoes the main requirements for identifying each other in the digital world, which is ‘The Key’ for migrating people from the real world to the online world.

Q2: Why is blockchain technology applied in THEKEY project?
BDMI, as the name of it, synergistically combines Dynamic Multi-Dimension Identification (“DMI”) technology and blockchain technology.
The results generated from the existing IDV technologies, which have been developed and applied on the internet, could be denied and altered. Blockchain uses an asymmetric cryptographic algorithm, ensuring the data transmission and the safety in utilization, which is characterized by several features e.g. immutability, irreversibility, security etc. In particular, smart contracts are realized by programmable scripts, increasing the practicability of Blockchain. With those features, the application dilemma of identity verification technology is overcome. The results generated from BDMI will be undeniable and unalterable.

Q3: Who are the team members and what are the achievements of THEKEY team?
THEKEY team is composed of experts and professionals from IDV, blockchain technology, R&D, marketing and data modeling etc. The team has worked on the industry solution design and POC of consortium blockchain in corporation with Hyperledger since 2015, and participated in many government affair blockchain projects. It is very experienced in using the government data in corporation with blockchain technology.
The founder and CEO of THEKEY, Catherine (Xueli) Li, The Most Outstanding Women Entrepreneur in China of the Year (All-China Women’s Federation, 2017) Founder of Dynamic Multi-dimension Identification technology. She has firstly introduced blockchain to DMI and has deep understanding of the industry application of blockchain.
The other members of THEKEY team have rich experience in the collection and the processing of the government data, as well as using the government data with blockchain technology.
The main achievements of the team are listed as below:
· 23 copyrights have been obtained, 15 patents have been accepted by SIPO (State Intellectual Property office of the P.R.C) and start attestation process.
· THEKEY’s first-generation IDV solution is currently in use for mobile social insurance pay in two pilot cities, which people can receive their payment for their pension, or healthcare insurance reimbursement. The IDV solution is currently being deployed in another 41 cities, covering more than 130 million people.
· Personal identity data of 210 million people in 66 cities, authenticated by the relevant government authorities, are connected on a real-time basis. This constitutes a solid foundation of IDV.
· Commercial contracts signed with world-leading firms and the business model of our IDV products have already been partly proven.
· Six relevant national laboratories have been set up together with government agencies, banks, insurance companies and one university.

Q4: What’s your development plan of THEKEY?
As indicated in our white paper BDMI equals to DMI and Blockchain technology. BDMI not yet developed whilst DMI has been developed and well accepted by the government, banks and insurance companies. BDMI will be developed and testnet will be launched by Jun 2018, and the mainnet will be ready by Dec 2018.
Please check our MVP development plan released on: https://medium.com/@thekeyvip/ceo-catherine-announces-release-of-thekey-mvp-development-plan-e0c85ada912f

Q5: What’s your advantage compared to other IDV solutions, such as Civic?
Compared to other peers in IDV industry, who are also applying IDV into blockchain, BDMI has the following three advantages:
· More reliable results — The supporting data is gathered in real time, is comprehensive, accurate and reliable. The data is also validated in advance by government agencies or other public institutions.
· Lower cost — Full use of existing data sources. Avoidance of duplicate work for data collection, processing and authentication,
· Better user experience — It is not necessary for individual users to install any application or upload any information.

Q6: Why did THEKEY cooperate with NEO?
NEO provides technical support to THEKEY. The smart economy NEO put forward is comprised of Digital Asset, Smart Contract and Digital Identity, which is an entire ecosystem. Digital identity is an indispensable element of NEO smart economy. THEKEY share the consensus with this idea and is willing to provide digital identity application for NEO ecosystem, in order to co-establish the digital identity system together with NEO. We are also happy to cooperate with NEO on more digital identity applications in the future.

Q7: What’s the use of TKY?
The THEKEY Ecosystem will be a decentralized autonomy community, which will consist of three components of participants, (Validator, Service Provider and Individual User) Smart Contracts and TKY Tokens. THEKEY token (“TKY Token”), as a major component of the Ecosystem, is the only method to settle smart contracts signed between the participants in THEKEY Ecosystem. Since every aspect of life is in need of identity verification, like security check, access permission, medical treatment and shopping etc. the utility of TKY token will be extremely high.
Q8：Is there any plan of bringing the solution to any other country besides China either directly or through an implementation partnership with another business? Cheers!
Yes, THEKEY is planning for global expansion and several international collaborations are under discussion.

Q9：Can you please explain the link between THEKEY, Ontology and NEO ID?
Since Neo is one of the early investors of THEKEY. Naturally THEKEY is a partner of the Ontology network. Ontology focuses on cross chains solution but THEKEY will focuses on IDV and serve as the underlying layer of the Ontology. We will together serve the same objective, to develop bilateral or multi-lateral trust in the digital world.
NEOID is one type of protocal of NEP, THEKEY is a dapp following NEP protocal. NEOID is not in competition with THEKEY.

Q10: What are the commercial contracts signed up between TheKey and other big companies, governmental agencies etc?
We have signed commercial contracts with world leading company including financial institutions, insurance companies, banks, and e-commerce companies, namely Alipay, Ant Financials, China Unicom, Ping’an Bank, China RE, Uniscom, Minsheng Bank, etc.

Q11: How do you intend to on-ramp customers. How will banks, governments etc. purchase and use TKY tokens when this is illegal to do in China. Why did you choose a public blockchain, when a private blockchain would have been simpler in this regard for onboarding clients?
Private chain is not technically viable. Ultimately，THEKEY would like to be an identity layer for both public chain and permissioned chain. NEO will be the first public chain we will work with to provide the identity service. We will leverage basic architecture of NEO. Our consensus nodes will initially be maintained by THEKEY, and gradually adding Identity Providers, Service Providers, and other nodes from our ecosystem. This approach of adding consensus nodes (bookkeeper or validator) is similar to the approach taken by NEO

Q12: Do you expect your existing customers (from the social insurance program) to migrate to the TKY ecosystem. What incentives would they have?
Yes, they will migrate to THEKEY ecosystem. In addition to enjoy the convenience brought by smart social insurance pay, they can also enjoy the convenience on IDV that can bring to every part of people’s life.

Q13: What are two pilot cities of THEKEY’s first-generation IDV solution for mobile social insurance pay? Any sources or news I can refer to?
· The names of pilot cities are, Jiaxing and Kaifeng.
· The sources or news you can refer to are as follows,..................

https://neonexchange.org/

What is NEX?
And how is it better than current decentralized exchanges?
NEX combines the NEO blockchain with an off-chain matching engine to enable much faster and more complex trades than existing decentralized exchanges


High Volume
NEX handles enormous trade volume through its unique publicly verifiable off-chain matching engine.

Payment Service
The NEX payment service enables third-party smart contracts on NEO to send and receive global assets such as NEO and GAS as part of their computation.

Complex Trades
NEX handles complex order types that aren’t currently available on other decentralized exchanges such as market and limit orders.