New Projects and Partnerships in the BIA

Wanchain and Aion Network launched a series of new partnerships and projects this February, attesting to the core strength of the BIA.

Wanchain has taken on a leadership role in the blockchain community. Wanchain’s Vice President of Engineering, Dr. Weijia Zhang was recently appointed the head of the Enterprise Ethereum Alliance (EEA) regional office in China. This new branch will bring the adoption of industry wide standards to blockchain companies already operating in the nation.

The EEA is a “member-driven standards organization” that works to bring interoperability to the blockchain, the same goal as the BIA. With this new opening, the EEA now has offices in Korea, Japan, and China to hold conferences and workshops on emerging industry standards in order to promote their adoption.

For those questioning functionality or needing a primer on the basics of interoperability, Wanchain’s technical strategist Johann Eid recently gave this interview to PwC. Eid elaborates on how Wanchain’s interoperability tech will unite secondary token markets and offers his opinion on how interoperability will change traditional business models.  

Wanchain also announced details on their Staking Pilot through their medium channel. Bidding will start this year on March 15th, but the address for the actual bidding will be released a week ahead of time. Interested parties should dive into the medium announcement for more detail.

Let’s talk about Aion

Since the last time we gave updates about this BIA partner, the Aion Network initiated further technical developments and published a fantastic analysis on measuring network productivity: the Network Steward Productivity Ratio (NSP).

The NSP assumes that a project is pursuing three goals: developer acquisition, network security, and network activity. The NSP then evaluates each project on the basis of their inputs (capital) and outputs (technical, accessibility, financial). Aion’s goal with this initiative is to find alternative and more accurate means to measure the development of public blockchain network and to fill a theoretical valuation gap that has persisted since the heady days of  the ICO rush.

Aion also made important technical strides this month with the debut of mobile SDKs for Aion dApp development, through a collaboration with Pocket, a node infrastructure. Integrating your iOS or Android app to the AION network can be accomplished by following this official walkthrough.

As the members of the Blockchain Interoperability Alliance continue to make technical strides and theoretical advances in governance and industry standards, the industry as a whole continues to look a little brighter in 2019.