NeuroChain explained

Hey Neurochain community,

We have some great pieces of news for you this week including a full development breakdown detailing exactly where we are right now.

Firstly, we would like to announce that we have been in contact with Microsoft Azure for some time now. Microsoft Azure offer us the tool kit to build and deploy applications on a global scale and we are in the process of finalizing the “first” powered by Neurochain application.

This is a great step and a full detailed article will be published supporting the development once the application has been fully finalized.

Next Frederic has had a very productive meeting last week with the innovation manager at Geodis(https://geodis.com/gb). This meeting came about as a direct result of being included within the Zebox incubator program, showing just how valuable a resource the incubator is.

Who are they – GEODIS is a worldwide transport and logistics leader that supports clients in their daily work by helping them overcome their logistical constraints. We’re recognized for our expertise and mastery of all aspects of the supply chain, as we serve as a real growth partner for our clients. With our five lines of business (Supply Chain Optimization, Freight Forwarding, Contract Logistics, Distribution & Express and Road Transport), we are a regional organization that spans all continents, with a direct presence in 67 countries and a global network covering 120 countries. GEODIS is ranked seventh in the world and fourth in Europe in our field. We are also the distribution and express leader in France.

Neurochains’ positioning within the transportation ecosystem continues to build and is very strong.

Lastly from a meetings perspective we had an interesting meeting with Streamsets (https://streamsets.com/) recently, we are aiming to partner with this company in order to integrate Neurochain data into traditional and big data databases. Streamsets will help facilitate the integration of Neurochain into business projects. Once again, once we have more details that can be published, we will forward a full update on this matter.

 

 NeuroChain Main-Net Updates

 

The coming paragraphs give an overview of our progress according to the mainnet release.

Operational mainnet is an aggregation of three modules:

  • Blockchain
  • Security audits
  • Token swap

The NeuroChain Blockchain

 

Consensus: The PII formula has been tailored thanks to more simulations, tests and test net results. The consensus algorithm is fully developed, and all the unitary tests are realized. 

Network: Intense work has been dedicated to improving the stability of the network main components and all of these tests are actually completed.

All the details are summarized in Gitlab core repository.

Ledger: The Neurochain ledger has now been fully developed and is ready

Fork manager: Forks are the main issue for non-Proof of Work protocols. The fork manager module of NeuroChain is also fully tested.

Wallet: The wallet architecture has been reviewed to improve security. The new architecture is fully developed. The wallet is ready for the audit (cryptography issues).

API: The full description of the API allowing the connection of different applications on NeuroChain is fully developed. The first tests with the traceability application are in progress.

 

NeuroChain Security Audit

The NeuroChain team is indeed in discussion with several cybersecurity companies specializing in blockchain audits. The audit will be focused on the wallet security, network scalability resilience and consensus robustness. Several offers for this service are on the table and are currently under review. Updates of the progress will be released. Full attention will be on the cryptography libraries used in the wallet and Bot signatures.

 

The NCC Swap (1to1)

The swap process is critical for the project and also for the investors. We decided to do it progressively to guarantee the security of the token migration. Discussions are actually held with the different exchanges including Huobi to assist us during the process. 

The idea is to use some procedures of the ERC 20 NeuroChain smart contract to guarantee the integrity of the wallets during the swap.

Full details of how to complete the swap have been written and will be released when we are ready to commence with the swap.

We hope this fills in some gaps for you our loyal supporters, we are continually working, and the time is getting close where all of the hard work comes together. There is still no set date as of yet for main net release but as you can see, provisionally everything is ready to go.

Regards

The Neurochain Team

 

 

NeuroChain CES Las Vegas
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