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Tag: blockchain network

  • China Expands Global Technological Ecosystem Efforts with Open-Source Blockchain Network and AI Modeling Platform

    China Expands Global Technological Ecosystem Efforts with Open-Source Blockchain Network and AI Modeling Platform

    China has been making significant strides in its efforts to create global technological ecosystems, with recent developments including the launch of a global blockchain network and an open-source artificial intelligence (AI) modeling platform. These initiatives, as reported on the WatcherTechno website, are part of China’s ongoing endeavors to bolster its economy after periods of lockdown and disruption. The nation’s government and tech sector have been collaborating to spur economic growth and innovation, with announcements of multi-trillion-dollar plans for high-tech infrastructure development and strategic investments from tech giants Alibaba, Baidu, and Tencent.

    While China aims to rival the United States in technological leadership, it’s also investing in initiatives aimed at fostering global ecosystems. In the past week, two key announcements have been made to further this goal: the Chinese government unveiled the international Blockchain Service Network (BSN), and Zhejiang University in Eastern China launched the open-source AI platform named Dubhe.

    The Blockchain Service Network (BSN), a government-led project developed by Beijing Red Date Technology, has announced plans to deploy its international network starting August 10th. The BSN’s mission is to enable decentralized application (dapp) developers to create new blockchain applications as easily as assembling Lego bricks, thereby fostering a rapid development of a global ecosystem for developers and users alike.

    As states WatcherTechno, BSN data centers are now integrated with six major decentralized blockchains: Tezos, NEO, Nervos, IRIS net Cosmos, Ethereum, and EOS. Developers on these public networks can deploy nodes and applications using BSN’s data storage, bandwidth, and other resources.

    It’s worth noting that resistance from some governmental members within BSN to adding six international blockchains has led to the network’s division into BSN-China and BSN-International. However, this is unlikely to impede the overall progress of BSN.

    Meanwhile, Zhejiang Lab launched the open-source AI platform Dubhe on Saturday, aiming to create a powerful modeling platform that fosters a collaborative global AI ecosystem and accelerates the development of machine learning models.

    Named after Dubhe, one of the seven bright stars forming the Big Dipper and a symbol of wisdom in Chinese culture, the platform offers research and development teams four main advantages: a high-performance basic computing environment, a comprehensive AI development toolkit, integration of AI model deployment across Edge, Cloud, and terminals, and an intelligent collaborative execution system.

    Developed by nearly 100 researchers, the project is supported by numerous partners, including Alibaba Cloud, Ant Financial, Hikvision, Sense Time, Deep Glint, China Construction Bank, Ant Work, and Ecovacs Robotics. Zhejiang Lab itself was founded in 2017 by the Chinese government, Zhejiang University, and Alibaba Group.

    The open-source AI platform is designed for six key research and development areas: intelligent vision, intelligent transportation, intelligent finance, smart cities, intelligent healthcare, and intelligent robots. Its foundational structure provides access to embedded machine learning models and vast volumes of big data.

    While it remains uncertain whether the development of global ecosystems will raise similar concerns among Dubhe members, as observed with BSN, the presence of multiple state-involved stakeholders may elevate the risk of conflicting interests.

    Ecosystem-driven endeavors led by Chinese tech companies, naturally, encounter fewer political hurdles. For instance, multinational company Baidu launched its open-source autonomous driving platform, Apollo, in 2017, which has since become the world’s largest open-source autonomous driving platform, counting BMW, Ford Motor Co, Toyota, Volkswagen, and Honda among its partners.

    Irrespective of ownership and structure, China’s growing number of initiatives in open technological platforms positions it to increasingly engage researchers, developers, and enterprises worldwide in technological ecosystems under China’s guidance.  
     

  • 5ire onboards activist Didier Drogba as advisor

    5ire onboards activist Didier Drogba as advisor

    Mumbai: Didier Drogba, a Chelsea legend and one of the greatest footballers turned social and environmental activists, has joined hands with 5ire, the 5th-generation blockchain network.

    Founded by visionary entrepreneurs from India, Pratik Gauri and Prateek Dwivedi, 5ire signs up Drogba as their business advisor to work towards a shared vision of pushing the boundaries of sustainability and making this planet a better place.

    As an advisor for 5ire, Drogba will leverage his network and the Didier Drogba Foundation to get more businesses and institutions on 5ireChain, the world’s first and only sustainable blockchain.

    The former captain of the Ivory Coast national football team and its all-time leading scorer in professional football, Didier Yves Drogba Tébily, is one of the greatest footballers to have graced the sport. He is best known for his time spent playing for Chelsea, where he was chosen by the club’s supporters as the best player to ever represent the team. He has scored more goals for Chelsea than any other foreign player and is presently the fourth-highest goal scorer in club history.

    Never one to shy away from social issues, Drogba is credited with having famously stalled a civil war in his country on the day he led the Ivory Coast team to their first-ever berth in the Football World Cup finals. Since then, he has been known to have been actively involved in social causes, receiving an honorary degree in recognition of his contributions. His role in the peace process also earned him a place on the fabled Time magazine list of the top 100 most influential people in the world in 2010.

    Having launched the Didier Drogba Foundation , which works towards helping provide better options for improving the lives and futures of children, he has been working tirelessly with the vision of creating a better world for future generations.

    On this occasion, 5ire CEO and founder Pratik Gauri said, “Didier is a footballing legend and a superstar in the truest sense of the term. He is also an incredibly empathetic human being and an agent of change, who cares for this planet and its future. The work he has done over the past decade in bettering the lives of children has been phenomenal. He shares our vision of sustainability and making this planet fit for future generations. We are delighted to have him on board as 5ire’s business advisor and look forward to working with him towards a common goal.”

    Adding to it, Didier Drogba said, “I have been working on social issues for more than a decade, and I have realised how societal and environmental factors are intricately intertwined. This is where I have felt that technology can play a part in paving the path towards sustainability. My association with 5ire is a natural culmination of my experiences and beliefs, and I am thrilled to partner with this cutting-edge brand, helmed by young tech visionaries like Pratik and Prateek, who are working towards not only revolutionising the way the world does business, but to ultimately make the planet a better place to live in.”

    5ire co-founder Prateek Dwivedi added, “Didier is an inspirational leader. Not only is he a legend of the world’s greatest sport, but he also happens to be deeply involved in the betterment of the world around him. His exploits in social and environmental activities and his constant endeavour to make the world a better place for children and future generations make him a natural fit for the 5ire ecosystem. We are delighted to have him on board and look forward to changing the world with him.”