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Wanxiang Blockchain Forms RISC-V International Blockchain SIG with Ecosystem Partners

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February 28, 2021
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SHANGHAI, Feb. 26, 2021 /PRNewswire/ — On Feb. 23, 2021 at MWC Shanghai, Wanxiang Blockchain and aitos.io introduced they joined RISC-V Worldwide as strategic members and have fashioned RISC-V Worldwide’s new Blockchain SIG (particular curiosity group) in collaboration with LeapFive, StarFive and SiFive. This group will assist combine blockchain applied sciences with RISC-V options, and promote the event of trusted blockchain databases.

Tu Wenhui, Senior Director of Blockchain + Know-how Division at Wanxiang Blockchain, and Gary Xu, CTO of aitos.io, will take the positions of Appearing Chair and Vice Chair of the Blockchain SIG, and shall be accountable for the preparatory work for the official launch of the group.

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RISC-V is a free and open ISA enabling a brand new period of processor innovation by open commonplace collaboration. The RISC-V ISA delivers a brand new stage of free, extensible software program and {hardware} freedom on structure, paving the way in which for the subsequent 50 years of computing design and innovation. RISC-V Worldwide is a world nonprofit affiliation primarily based in Switzerland. Based in 2015, RISC-V Worldwide now has over 1,200 members all over the world.

Vincent Y. Wang, Govt President of Wanxiang Blockchain, stated that the RISC-V Worldwide Blockchain SIG initiated by Wanxiang Blockchain, aitos.io, LeapFive, SiFive, StarFive and different essential companions will promote the combination of blockchain applied sciences with the RISC-V neighborhood. Wanxiang Blockchain has been dedicated to constructing a trusted database and collaborating with PlatONE, a next-generation blockchain consortium supporting privacy-preserving computing developed by Wanxiang Blockchain and Juzix. With its open and extensible structure, the RISC-V ISA helps cryptographic algorithms and permits builders to create safe, trusted options. Sooner or later, these firms will proceed to construct options to combine completely different applied sciences in order that extra builders can benefit from blockchain, which guarantees to assist empower digital transformation throughout key industries and market segments just like the Distributed Cognitive Industrial Web, Digital Cities, Asset Digitization, and many others.

“Our new Blockchain SIG will give the RISC-V neighborhood the chance to collaborate on blockchain applied sciences with the intention to allow one of the best efficiency and performance within the RISC-V ISA and software program ecosystem. Blockchain is already an enormous disruptor for the silicon {industry}, and we’re dedicated to serving to our members benefit from the alternatives that lie forward,” stated Mark Himelstein, CTO, RISC-V Worldwide.

“Becoming a member of RISC-V Worldwide is in step with our progressive technique of integrating IoT functions with blockchain. By creating the Blockchain SIG and rolling out an in-depth cooperation with the RISC-V neighborhood, we’ll optimize our BoAT blockchain software framework to supply higher assist for RISC-V options, speed up the appliance of IoT units in blockchain-based companies and construct a trusted IoT database to make this knowledge helpful and open,” stated Leo Lin, CEO of aitos.io.

Aglaia Kong, CTO of LeapFive, talked about that as blockchain is used to trace worth of knowledge, it’s getting extra essential to make sure the origin of knowledge is from a trusted supply. By inserting root of belief, making certain every SOC having a singular DNA, having devoted compute optimized for blockchain of the place knowledge is originated develop into tremendous essential. With RISC-V open and extensible structure, combining blockchain and LeapFive’ s SOC design capabilities, we’re working along with Wanxiang Blockchain and aitos.io to construct the “Chinese language TEA ( Trusted Embedded Structure)”, so one can guarantee the info origin is understood, knowledge utilization is tractable and belief worthy.

“Within the present AIoT period with huge knowledge being produced, processed and analyzed, knowledge and computing safety turns into one of many principal driving forces of selecting the open and fashionable RISC-V ISA. It’s an inevitable pattern for RISC-V to enter blockchain, a promising {industry}.” StarFive CEO Thomas Xu emphasised with confidence, “The scope of blockchain functions is increasing. Many functions are unexpectedly innovating due to the adoption of blockchain. Irrespective of it’s cloud computing of massive knowledge, or finish to finish computing utilized to IoT, there isn’t a doubt that RISC-V’s range and excellent capabilities will even flourish to the blockchain {industry}.”

“The adoption of RISC-V to develop blockchain applied sciences, and the usage of RISC-V Worldwide working teams to encourage broad {industry} collaboration, demonstrates the facility and adaptability of the freely accessible and open specification ISA,” stated Dr. Chris Lattner, President of Engineering and Product, SiFive. “Blockchain is an space the place optimized {hardware} and software program designed collectively can present tangible advantages for safe, quick processing for provide chain, logistics, or monetary operations, bettering effectivity and accuracy. This demonstrates the potential for members of RISC-V Worldwide working teams to develop and construct industry-wide specs that may be broadly applied.”

Wanxiang Blockchain made its debut at MWC Shanghai 2021 with CT Wing, UNISOC, LeapFive, Fibocom and aitos.io in Corridor N4. On the Chief Stage, these firms mentioned IoT and blockchain traits from the angle of blockchain firms, chip and module producers, operators and platform service suppliers.

Earlier in 2020, Wanxiang Blockchain kicked off its efforts to construct complete options primarily based on the combination of blockchain and large knowledge, cloud computing, 5G, IoT, AI, and different digital applied sciences and efficiently hosted the Sixth World Blockchain Summit in Shanghai with the theme of Built-in Innovation.

In January 2021, Wanxiang Blockchain established the Organic Asset Monetary Service Platform with Sancai Digital Know-how and Foidn Know-how primarily based on the BoAT + PlatONE IoT Knowledge Platform developed by Wanxiang Blockchain and aitos.io. This platform was the primary in China to combine blockchain modules into organic asset monitoring for IoT units, assigning blockchain IDs to 1000 cows on the Ashili Farm in Changji, Xinjiang, a province situated in northwest China.

The Organic Asset Monetary Service Platform can accumulate key knowledge about the entire means of beef rearing in actual time, and encrypts the info and information it on blockchain to make the info tamper-proof and traceable. This permits key knowledge in regards to the beef rearing course of to be was helpful digital property that may be shared amongst individuals throughout the entire {industry} to enhance operational effectivity.

This blockchain+IoT primarily based platform can enhance the effectivity of presidency regulation on organic property, beef slaughter, transactions and the settlement of insurance coverage claims, and extra importantly, make beef produced on this course of traceable for security functions. Supported by Wanxiang Belief, this platform may also make it simpler for farmers to get monetary assist and improve their manufacturing due to this trusted database powered by blockchain and the IoT.

With all these advantages, the Organic Asset Monetary Service Platform will assist speed up the digital transformation of the standard animal husbandry {industry} by constructing a trusted database and provoking monetary establishments to drive financial progress in new and progressive methods.

SOURCE Wanxiang Blockchain



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Tags: blockchainEcosystemFormsInternationalpartnersRISCVSIGWanxiang
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