RE:TRYING TO SELL HIS PRIVATE COMPANY FOR 150 MILL LMAO
FYI Dr Tsai has presented to many of the big players... IBM Microsoft Amazon, Cisco etc they know about his Tech.
What I want to do in this article is explain an approach developed by Prof Wei-Tek Tsai of Arizona State University. His blockchain was stress-tested earlier this year with a live demo presented to IBM, SAP, AWS, and China’s MIIT (Ministry of Industry and Information Technology). The system processed 3.33 billion historical business transactions from a clearinghouse in China. To give you some idea of the scale, this is equivalent to approximately 15.5 times all historical trading volume of bitcoin since 2008, or 14 years of trading volume of London Stock Exchange (LSE), or 16 months of NASDAQ trading volume.
read more at
https://steemit.com/blockchain/@simoncheong/how-it-works-high-speed-super-large-ledger-technology
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The Sino-foreign joint venture Tianmin International Sandbox Research Institute, which is chaired by Professor Cai Wei De, a nationally-appointed expert and the innovative talent of the “Thousand-Year Plan” of the Central Organization Department, was established in Qingdao in September 2017. The R & D center is located in Beijing’s Zhongguancun and Qingdao Laoshan. The institute brings together such top talents as MIT, UC Berkeley, University of Minnesota, Arizona State University, Tsinghua University, Peking University, Beihang University, Northern Polytechnic University and Yokohama University in Japan as well as full-time senior staff from Cisco, IBM and Microsoft Division and development team. The institute focuses on the construction of sandbox platform for blockchain industry, cooperates with local financial offices to build umbrella sandboxes, and assists national leaders to formulate regulatory sandboxes Industry standards and implementation. The industry sandbox platform is the first blockchain industry sandbox platform in the world to be developed and will be integrated into a number of technologies such as blockchain, big data, automated testing, automated monitoring, containers, cloud computing and blockchain internet. At the end of the year, in combination with the platform of Tiande Cloud, 250 Tiande chains and other public chains and license chains were provided to the government and enterprises in the sandbox.
read more at
https://www.coinmis.com/tsai-weide-belt-and-road-sandbox-technology-to-open-block-chain-technology-new-pattern/