CyberVein x Satoshi Club AMA Recap from 16th of October

October has been a very special month for the SATOSHI CLUB community, we have had a great AMA marathon, we hope you are enjoying each of the exciting projects that we have invited to our group on telegram. Today we would like to tell you about the AMA session with our friends from CyberVein. The AMA took place on October 16 and our guests was Jack Ge (Global Ambassador of CyberVein).

The total reward pool was 500$ and was divided into three parts. In this AMA Recap we will try to summarize some of the most interesting points for you.


PART 1, INTRODUCTION AND COMMUNITY QUESTIONS

Mary | Satoshi Club: Hello, Satoshi Club! We are happy to announce our AMA session with Cyber Vein! welcome to Satoshi Club.

Serg | Satoshi Club: @sephirothg Welcome. We are glad to finally have you here.

Jack Ge: I‘m doing pretty well! Thanks:)

Mary | Satoshi Club: Please, tell us about yourself and how did you start with Cyber Vein?

Jack Ge: Alright! I’m the global ambassador of CyberVein. Before I get into the topic of today, let me just introduce myself, we’ll start with some numbers. I am 25 years old, graduated from Imperial College London with a mechanical engineering degree in 2016. It has been 6 years since I first came in contact with blockchain, but only 3 years that I throw myself in the industry.

D. | Satoshi Club: Awesome! thanks for introduction! ready for the questions Jack? we have 6 in this part and 10 in the second! 😄

Jack Ge: Let’s gooooo!

Q1 from bitcointalk user aditya117 

Recently CyberVein completed the 4th KCS lecture in Korea. How Cybervein progressed in these lectures? What is the main motive of Cybervein to complete these lectures?

Jack Ge: That’s really good question! This is one of our biggest event in Korea! CyberVein, as a technical consultant for new smart city solutions, focused on case sharing and results demonstration of the core technologies of CVT DAVE’s four core solutions: “PISR database, DAG storage chain, distributed computing power integration, and federated learning”, providing training and guidance for Korean government and enterprises in the intelligent transformation and upgrading.

At same time! It will provide targeted smart city solutions based on the priority development level of the government and enterprises present. CyberVein also took this opportunity to fully demonstrate that DAVE can build smart city system resilience through the “digital comes first” layout of efficient infrastructure and connectivity capabilities, providing diversified customized services, so that more ecosystems can choose more diverse models to participate in the joint construction and governance of smart cities.

Mary | Satoshi Club: Do you plan events like this in another countries? Or just for Korea? I think it’s amazing initiative👍

Jack Ge: So far, we have Grace which is CyberVein head of korea to support us expand the Korea market. And yes, because of the pandemic our moves are limited.

Q2 from Telegram Username @ovkneze_big

Several years ago I worked at the company that was implementing a smart city in my country. I am very interested to know about your successes in this direction.

Jack Ge: First we have cooperation with the Dubai government and then Hainan government in China to build smart city. Because Dubai is the first time it has built a “smart city” with an overseas government and provided blockchain database support for the Dubai World Expo. And we formally joined the Dubai 2025 smart city construction plan in early 2020, and provided blockchain database support for the Dubai World Expo. Cybervein also provides a data market for Dubai’s smart city, and uses federal learning to developed and sell data products. The goal is to bring Dubai’s economic benefits.

And also… another case is us with ainan government has signed a memo with Cybervein which it has become one of 12 firms participating in the construction of China’s Hainan Wenchang International Aerospace City. CyberVein will work alongside major Chinese firms, including Fortune 500 company Huawei, and will leverage its blockchain, artificial intelligence and big data technologies to support the development of the city’s Smart Brain Planning and Design Institute. The Smart Brain is its primary project, a ‘data-driven governance system’ based on the firm’s proprietary technology that will process real-time data to ‘organize urban public resources.’ However, few details regarding how blockchain will be employed in developing the governance model have been made public.

Mary | Satoshi Club: Great achievements, Dubai World Expo 2020 already started?

Jack Ge: Well, it was the plan, however due to the pandemic, the Expo has been suspended. 🙁

Q3 from Telegram user @kozmal

Proof of contribution means that I get rewards for providing disk space the same as mining with gpu. What if I own a server with big amount of space for data? Can I provide it all and own the majority and thus controlling the blockchain?

Jack Ge: Yes, similar situation as Pow in this sense. The participant who own the majority part have bigger power to influences the blockchain.

D. | Satoshi Club: Btw Proof of Contribution it’s a new DAG technology, made by your team?

Jack Ge: Not really, they have no correlation in between.

Q4 from Telegram Username @esmyeel

One of your product is data monetization, where cybervein will marketplaces for data. So my question is that what type of data can be monetized, can a student, teacher or educational institution monetize their research data?

Jack Ge: That’s secret! 😉 This is actually related to our new product that will release on Oct.26. you can follow us on twitter and stay tuned!

Q5 from bitcointalk user bitmartbounty

According to documents, MEDICAL ERRORS ACCOUNT for more medical deaths than even disease itself, how does cybervein address these issues of errors in the medical field?

Jack Ge: Well… Some of the data is mock data. The MEDICAL APP is only a demo for display the main function.

Mary | Satoshi Club: But is Medical app build to make mistakes or errors less possible?

Jack Ge: I see, our mock data design is not rigorous enough, we will fix it.

Q6 from Telegram Username @beratToker

It says in your website that only when ownership is confirmed, data use rights and privacy protection can be exercised fairly. To confirm ownership personal data is required, wouldn’t that lead to a risk in privacy? in case Cyberveins would need that data stored, how would it be completely secure?

Jack Ge: Confirming ownership is the same as confirming an account with a private key, without revealing personal privacy.


PART 2, TELEGRAM COMMUNITY LIVE QUESTIONS

The chat was open for 80 seconds; a lot of questions were posted by Satoshi Club community. Our guest chose some of them.

Q1 from Telegram User @Termuxnih

Your project is from Korea. How do you promote your project if not everyone can speak English? do you have a local group or a specific place for it?

Jack Ge: Our project is not from Korea, it is from Singapore. We have a team in Korea who can speak the local language, and our co-founder, Grace Ding, is in charge of everything there. Including community management, BD, events and conferences. We do have many Kakao groups to help the communities to be kept updated with all our work.

Q2 from Telegram User @Jmagsss

How CyberVein use Directed Acyclic Graph or DAG technology and benefit from it?

Jack Ge: We use DAG as an extra security layer and a backup measure for PISR database. The states of the PISR database will be put into the DAG storage chain, they are shared and stored in separate nodes. Thus providing the extra security.

Q3 from Telegram User @Joseunda

What is the plan for CyberVein with the NFT?

Jack Ge: Check us on twitter at Oct.26th and you will know! 😉

Q4 from Telegram User @surendra040

Kindly explain your roadmap 2020.

Jack Ge: Our road map for 2020 is to refine our solutions. DAG storage is under development and should be ready to launch by 1sr quarter 2021. We are continuously researching and improving our federated learning solution, which happens at our lab in Zhejiang University and by 1st quarter 2021, we will be launching our main net and wallet!

Q5 from Telegram User @Splendicity

Are your team anonymous or do you have real faces?

Jack Ge: Of course we have real face!! 🙄

Q6 from Telegram User @Splendicity

What problem does cybervein solves in cryptospace?

Jack Ge: Rather than solving a problem in the crypto space, we are trying to solve a matter on a global scale.

The problem of data flow and data exchange. There are many data silos exist currently, we aim to break these silos and allow data to be used for the benefit the world, such as research development, performance optimization, data modeling, etc. the more data available, the faster the human race will progress.

Q7 from Telegram User @Rosane1a8

In your introduction video it says that CyberVein allow users to share their data to other people in a fully trustless environment. How is it that people that receive the data cannot share it or corrupt it under any circumstance? What guarantees that?

Jack Ge: This can be achieved through federated learning. For those who don’t know about federated learning, it is a new kind of work flow that allows data modeling without compromising data privacy.

Q8 from Telegram User @jobel4

Can you explain more about the “Online medical Assistant App” of Cybervein? How to use it? Is it available worldwide or only to a specific country and hospital?

Jack Ge: The online medical app is still being developed, you can check out a demo of it here: (http://med.cybervein.org)

Q9 from Telegram User @Rivaills14

How does CyberVein develop its project steadily?

Jack Ge: We simply keep ourselves updated with the industry, and stick to our roadmap. Of course we encounter problems from now and then, but we always try our best to work around them.

Q10 from Telegram User @Maksyrn

Why could CyberVein call the new platform Monopoly?

Jack Ge: Because most voters chose CROSS as our new platform’s name. 🙂


PART 3, QUIZ AND INFO

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about CyberVein. A link to a Quiz form were sent into the chat. Participants had 10 minutes to answer. 300$ were distributed between the winners. Please check the winners list here:

For more information and future AMAs, join our Social Media channels:

English Telegram group: https://t.me/Satoshi_club

Russian Telegram group: https://t.me/satoshi_club_ru

Spanish Telegram group: https://t.me/satoshi_club_spanish

Telegram Channel: https://t.me/satoshi_club_channel

Website: https://esatoshi.club/

Twitter: https://twitter.com/esatoshiclub 

Our Partners:

CyberVein Community: https://t.me/CyberVeinCommunity

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