MDUKEY Monthly Report (October)

MDUKEY
3 min readNov 3, 2020

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Overview of this month:

Core technology progress: update and iteration in chain technology, MOBOX and related technologies

MDUKEY ecological development: “price guarantee mechanism” is in progress, OKEx introduced by MDUKEY node

Traffic 2.0 brand related: community article publication, some media reports, etc.

Since October, the core developers of MDUKEY have continued to develop the open source protocol PRC interface and related modules of MOBOX.

In terms of MDUKEY ecology, the price guarantee mechanism is in progress in an orderly manner. Since its launch, 23 phases have been carried out, with a total of 22,584 participants and a total of 2,484,240 pre-destroyed MDUs.

In terms of market brands, the MDUKEY Ecological Community has published several articles in the past month, including “MDUKEY’s Pioneer Attempt | The development of data element markets is a dual requirement of society and economy” and “Ma Yun Bund Financial Summit Speech: Use Big data-based credit system to replace pawnshop thinking” etc…and was included and reported by traditional media such as China Economic Times, China United Business Daily, etc.

1. Progress in core technology

1.1 Chain technology

a. RPC interfaces related to open source protocols are under continuous development, and transaction-related interfaces are added.

b. The storage protocol of the open source transaction protocol OTP is under continuous development.

c. The new Oracle oracle function has entered the preparatory stage.

1.2 MOBOX

a. Mohe APP application recommendation development completed

b. Mohe APP announcement center development completed

c. Mohe APP message center development completed

d. Mohe APP ad recommendation development is in progress

e. Mohe Developer Platform-UI design in progress

f. Mohe Developer Platform-Prototype, interactive, visual design in progress

2. MDUKEY Ecological Development

2.1 Price guarantee mechanism

Since its launch, 23 sessions have been conducted, and the cumulative number of participants has reached 22,584, an increase from the previous month. In addition, the number of destroyed MDUs reached 2,484,240, an increase of 69,080 from the previous month.

2.2 Verification node

“MDUKEY node introduction of OKEx-one of the world’s famous digital asset international stations”

3. Traffic 2.0 brand related

3.1 Community Post

“MDUKEY’s Pioneer Attempt | The development of data element market is a dual requirement of society and economy”, click to read.

“Ma Yun Bund Financial Summit Speech: Using Big Data-based Credit System to Replace Pawnshop Thinking”, click to read.

3.2 Media reports

China United Business Daily-”MDUKEY’s Pioneer Attempt | The development of the data element market is a dual requirement of society and economy”

China Economic Times/China Economic News Network-”Ma Yun Bund Financial Summit Speech: Using Big Data-based Credit System to Replace Pawnshop Thinking”

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MDUKEY

A self-sovereign data privacy system based on Blockchain.