Wanxiang Blockchain and its ecological partners jointly launched the RISC-V Foundation “Blockchain Industry Working Group”.

 

 

On February 23, 2021, at the Mobile World Congress 2021 in Shanghai, Wanxiang Bblockchain and Mollian Technology officially announced that they became strategic members of RISC-V Foundation. In addition, Yuefang Science and Technology, Saifang Science and Technology and Sifive jointly launched the establishment of “Blockchain SIG” in RISC-V Foundation, so as to further promote the integration of Blockchain technology in RISC-V community and the ecological development of trusted data base.

 

Wang Yunzhen, Executive President of Wanxiang Blockchain, delivered a speech on the leadership stage of the conference

 

Tu Wenhui, Senior Director of “Blockchain +” Technology Department of Wanxiang Blockchain, and Xu Gang, CTO of Molian Technology, will serve as Acting Chair and Vice Chair for the preparatory period of Blockchain SIG, and will be responsible for promoting the official launch of the working group in the future and promoting the active development of related work.

RISC-V ISA free, open, open source instruction set architecture (ISA) that has ushered in a new era of processor innovation through open standards collaboration. RISC-V ISA provides architecture with a higher level of free and extensible software and hardware with greater freedom, thus laying the foundation for decades of computing design and innovation. The technical characteristics of RISC-V make the integration of RISC-V and blockchain technology have a large space, operability and exploration value.

The RISC-V Foundation, founded in 2015, is a global non-profit organization based in Switzerland and now has more than 1,200 members.

Wang Yunzhen, executive president of Wanxiang Blockchain, said, “Together with Molian Science and Technology, Yuefang Science and Technology, Saefang Science and Technology, Sifive and other important ecological partners, we jointly launched the ‘Blockchain Industry Working Group’ in RISC-V Foundation, which will accelerate the integration of blockchain technology and RISC-V community. Based on the PlatOne alliance chain, Wanxiang Blockchain has been building the trusted data base and closed loop of business innovation of Internet of Things + Blockchain. RISC-V has an open, extensible instruction set architecture that provides cryptographically-friendly support at the chip level to ensure data is secure and trusted at source. In the future, we will continue to further explore, layout and implement the fusion technology solutions in key areas such as distributed cognitive industrial Internet, digital city and asset digitization, so as to effectively drive the digital transformation and upgrading of the real economy.”

“The RISC-V Foundation Blockchain Industry Working Group provides an opportunity for the RISC-V community to collaborate in the area of blockchain technology so that we can achieve the best performance and functionality in the RISC-V ISA and software ecosystem. Blockchain has brought a disruptive effect to the chip industry, and our Foundation is committed to helping its members identify and capitalize on future opportunities, “said Mark Himelstein, Chief Technology Officer of the RISC-V Foundation.

Lin Yao, CEO of Mollian Technology, said: “Joining the RISC-V Foundation is in line with Mollian Technology’s integrated innovation strategy in the Internet of Things + Blockchain Track. Participate in the launch of the ‘Blockchain Industry Working Group,’ in-depth cooperation with the RISC-V technology community, will further optimize the Boat Blockchain Application Framework for RISC-V instruction set and chip architecture support, accelerate the access and application of IoT devices to blockchain services, and build a trusted IoT data base open around the value of data.”

Jiang Zhaohui, chief technology officer of LeapFive Technology, said: “Blockchain technology can be used to trace data to the source, making it possible to ensure the credibility of data sources. Ensuring that each SoC chip has a unique DNA by implementing a Root of Trust within the chip, as well as configuring computing power optimized for the blockchain at the source of the data, are critical to realizing the full value of the blockchain technology. Based on RISC-V open and extensible instruction set architecture, combining blockchain technology with Yuefang Technology’s SOC chip design capability, we are working together with Wanxiang Blockchain and Mollian Technology to build ‘China Shin-Chip’, so as to ensure that data sources are identifiable, easy to process and reliable.”

“As we enter the AIOT era, where massive data edge computing is being produced, the security of data and computing becomes a major driving force in choosing an open and modern RISC-V architecture. It is an inevitable trend for RISC-V to enter the promising field of blockchain. “Xu Tao, CEO of Saifang Science and Technology, confidently stressed that” the application scope of blockchain is constantly expanding, and many applications that could not be imagined before are undergoing rapid innovation due to the adoption of blockchain. But whether it’s big data cloud computing or end computing applied to the Internet of Things, RISC-V’s diversity and excellent functions are bound to add wings to the blockchain industry.”

“Adoption of RISC-V to develop blockchain technology and the use of the RISC-V Foundation working group to encourage industry collaboration are testament to the functionality and flexibility of a free, open and regulated ISA.” Dr. Chris Lattner, President of SiFive Platformand Products, added: “Blockchain, as a field of hardware and software, can effectively improve the operational efficiency and safety of the supply chain, logistics and finance industries. It also demonstrates the potential of the members of the RISC-V Foundation working group to develop and establish industry-wide norms.”

On the Mobile World Congress 2021 in Shanghai, Wanxiang Blockchain joined hands with China Telecom Tianyi IoT, Unishiguang Zhanrui, Yuefang Science and Technology, Fancom, and Molian Science and Technology (in no particular order) to appear in the N4 Pavilion in the form of booth group for the first time, and invited industry experts from the above enterprises on the leadership stage of the conference. From multiple perspectives such as blockchain, chip manufacturers, module manufacturers, operators and platform service providers, the technical innovation and commercial implementation cases of Internet of Things + blockchain will be presented in a simple way.

 

Naveed Sherwani, President of Silicon Federation /RISC-V Foundation, RISC-V Strategic Alliance

 

Even earlier, Wanxiang Blockchain has started to promote the comprehensive solutions of blockchain + big data, cloud computing, 5G, Internet of Things, artificial intelligence and other technologies, and held the sixth Blockchain Global Summit in Shanghai in 2020 with the theme of “converged innovation”.

Previously, Wanxiang Blockchain, together with Nanjing Sancai Digital Technology Co., Ltd., and Nanjing Fengdun Technology Co., Ltd., jointly built the “Biological Asset Financial Service Platform”. Relying on the “Boat + Platone Internet of Things Data Enabling Platform” jointly launched by Wanxiang Blockchain and Molian Technology, the platform for the first time in China implants the blockchain module into the biological asset monitoring Internet of Things device, and puts on a “blockchain anti-disarming collar” for 1,000 cattle in Ashli Ranch in Changji, Xinjiang.

These collars can collect the dynamic data of each cow in real time, record and monitor the whole life growth cycle of each cow from entry to exit, and then encryptively transmit to the biological asset financial service platform for storage. It not only realizes the electronic identity of biological assets, but also forms an accurate “data asset” by combining the value of “cattle” at different growth stages, which is difficult to quantify and evaluate, with weight data. More importantly, the data is native to the blockchain, which is secure, immutable, unique and traceable, truly building a business closed loop of trusted data from the source. These electronic data are shared with all parties in the industry chain, so that all relevant parties can receive timely information and monitor the asset status of beef cattle.

Using block chain + Internet of things technology, the platform for the government to the biological assets supervision services more efficient, the product traceability and slaughtering trade faster, insurance claims from exploration, and joined the universal trust, help farming fields solve the problem of “KongLan rate” – the use of various certification, native of credible data on the Internet of things, aquaculture farms can quickly obtain the financial support, Invest in and expand production. In this way, it can truly create a credible data base for traditional animal husbandry, help the industry to carry out digital transformation, and create a new wind vane for financial services to the real economy.