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    "One Second Authenticity" Or "Cheng Zhen Si Library" First Promotes The Global Luxury Consumption Alliance Chain

    2019/12/13 16:58:00 0

    Pawnshop Set Up By A Temple

    In December 11th, NASDAQ:SECO, a boutique lifestyle platform, announced the upgrading of the block chain technology and reached strategic cooperation with the block chain infrastructure technology platform Ultrain super brain trust computing to jointly build the "global luxury consumption alliance chain" and the energy industry. The monastery has millions of magnitude certified data, AI identification and identification technology will be combined with Ultrain's block chain traceability technology. "One second authenticity" will no longer be a remote legend.

    IEEE Computer Association block chain Committee, blue Chi venture, Hongtai capital, China World Trade Center mall, Turing Shenzhen, Ordos, Rong Bao Zhai, CLUSA, Ou Mu and other agencies responsible persons and partners to witness the scene.

    McKinsey's 2019 China luxury consumption report pointed out that in 2018, Chinese luxury goods consumption reached 770 billion yuan, accounting for 1/3 of the total global luxury consumption. Online sales increased by 2-3 times in 2025 compared with the current scale, representing 1/8 of the 1 trillion and 200 billion yuan luxury market in China.

    However, in the face of an endless stream of "Shanzhai" and "high imitation", the anti-counterfeiting tracing is still a major pain point in the luxury industry, and the characteristics of the block chain technology, such as centralization, non tampering and traceability, provide a brand-new solution for luxury identification and fidelity. In the view of the industry, the temple library with more than 10 years of identification technology experience and millions of identification of big data has joined hands with Ultrain, a regional chain infrastructure service provider, to launch the luxury alliance chain, which not only solves the pain points of the industry, but also provides kinetic energy for the healthy development of the industry.

    As Asia's famous online and offline lifestyle lifestyle platform, the temple library is constantly cooperating with industry giants at home and abroad to improve the supply of resources at the end of the industrial chain, presenting 400 thousand products from the world to 31 million high-end users, including Prada, Versace, Ferragamo, Tod's, RogerVivier and Armani.

    Ultrain super brain trust computing was founded by the executives of digital technology companies such as former Ali, ant gold clothing, 360 and so on at the end of 2017. It has been invested by many famous institutions such as morning capital, Hongtai fund, Lan Chi and CE yuan. At present, Ultrain has been widely used in many industries, such as travel, luxury goods, supply chain, sharing economy, medical treatment, retail, media entertainment, new energy and so on.

    In June 2018, temple library launched the industry's first luxury chain application traceability, and realized that each commodity has unique identity and identification information. Users can trace the source information through the temple library APP scan code. In April 2019, the temple storehouse continued to identify the technical layout of the yard, and jointly established the CAS Institute of computing and temple library AI joint laboratory with the Institute of computing technology of the Chinese Academy of Sciences. Through machine learning and intelligent discriminant analysis, the intelligent identification of goods was realized, providing users with more efficient, safe and reliable identification channels. The cooperation between the temple library and the Super Brain chain Ultrain will further accelerate the landing of the long block layout of the block chain in the Temple Reservoir area, and gradually realize the upgrading from "enterprise appraisal" to "industry alliance".

    It is understood that the "global luxury consumption alliance chain" now mainly provides a traceable information chain based on temple libraries and other partners. Users and partners can use this chain to query related products. Its core technology breakthroughs are based on the three major global pioneered technologies such as "VDF based R-PoS consensus algorithm", "random dynamic fragmentation technology" and "programmable zero knowledge proof". It completely solves the core pain points of low TPS, high use cost and lack of privacy protection in the commercial landing of block chain technology, and realizes the high performance, low cost and high security block chain trust computing service platform. In the future, the alliance will invite more upstream and downstream cooperative enterprises to join in, provide professional identification services for the industry, and create a luxury anti-counterfeiting platform.

    Lei Zhonghui, vice president of temple library, said, "strategic cooperation with Ultrain is only a step of upgrading." the Temple store jointly launched the luxury consumption alliance chain, which is more important for the industry to empower. Based on the alliance chain, the monastery will develop a series of block chain services such as C2C trading platform, high-end consumer goods exchange community, knowledge map, and integration exchange in the future, and provide block chain technology empowerment for brand dealers, channel traders, trading platforms, inspection institutions and so on.

    Ultrain co founder and CEO Guo Rui said, "based on Ultrain's block chain technology, the global luxury consumption alliance chain has the ability of massive node access, data privacy protection on the chain, and high concurrent and non tampered computing power, which provides a solid foundation for supporting the construction of the public alliance."

    EmmaLiao, co-founder of Ultrain, said: "trust computing has great value in the field of luxury goods. Tracing the source and encouraging the optimization of industry value chain will bring convenience and benefits to users and is of great significance. It is hoped that this cooperation with the temple library can make significant contributions to the global luxury consumption field. "

    In this regard, some experts pointed out that the future competition in the alliance chain will not only lie in the perfection of the underlying technology, but also in all aspects of the interest distribution mechanism of the alliance chain and the long-term fairness.

    Source: Securities Daily Network

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