Dear PlugChain Community:
Hello everyone! Today we are pleased to present the monthly report for PlugChain in September. Let’s take a look at the new developments that took place during this month.
On September 12th, the inaugural Meta Era Summit, focusing on the Metaverse and Web 3.0, was hosted by Meta Era in Singapore. This summit aimed to provide a platform for collaboration and exchange among global Web 3.0 and Metaverse technology enthusiasts. It sought to integrate industry forces worldwide to jointly build a more robust and comprehensive Metaverse and Web 3.0 ecosystem, paving the way for the new era of the internet. As a strategic partner of the Meta Era Summit, PlugChain was invited to attend, and our ecosystem representatives actively participated in roundtable discussions.
During the conference, PlugChain’s ecosystem advisor, Kwang Wei Sim, joined prominent industry figures including Justin Sun, the founder of TRON, Ryan Terribilini, Executive Vice President of Algorand Ventures, Eric Kang, Head of Business at Ava Labs, Alvin Kan, Asia Head of Sei Foundation, Herbert Yang, Asia General Manager of DFINITY, in discussing how to cultivate exceptional ecosystem systems on public chains.
Data Collection Module Optimization:
Data Cleansing and Processing
Oracle Module Development:
Initial Oracle Algorithm Design
Oracle Data Analysis
On September 19th, PlugChain was invited to participate in a conference titled “Public Chain Trends and Insights,” where we provided insights into the development and trends of the public chain industry. Here are some key points discussed:
The future development of public chains should see a diverse and competitive landscape. Cross-chain interoperability is an inevitable trend. This means that public chains will become more standardized, following reasonable rules and protocols, while also offering distinct features tailored to different application scenarios. For example, some chains may focus on financial transactions, while others may specialize in supply chain management or the Internet of Things. This diversity helps meet the needs of various industries and applications.
Public chains like PlugChain are actively exploring deep integration with oracle machines and cross-chain technologies to enable the coexistence of multiple chains and facilitate asset and data transfer across them. This fosters more complex cross-chain applications and collaborations. Moreover, multi-chain architecture helps overcome some of the current limitations of blockchain technology, improving performance, reducing costs, enhancing security, and supporting a broader range of use cases. It brings greater flexibility and scalability to the blockchain ecosystem, making it an important trend in the future of blockchain development.
However, the multi-chain approach also faces challenges, such as cross-chain interoperability and governance issues, which require ongoing research and resolution. These are the areas where PlugChain continues to advance and thrive.
PlugChain’s official Twitter account saw impressive statistics, with 127.1K tweet impressions, 247K profile visits, and 10,396 retweets, reaching 315K Twitter users.
While PlugChain had a relatively quieter September, our significant presence at the Meta Era Summit and discussions with industry leaders underline our position in the industry and the growing importance of public chain technology in the market. Moving forward, PlugChain will continue its relentless efforts to build a stronger, safer, and more efficient public chain ecosystem.
PlugChain takes the aggregated cross-chain oracle protocol as the core, integrates the advantages of high performance, high expansion, low gas！
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