137th Weekly Report of Molecular Future

4 min readAug 31, 2020

Hello, supporters of Molecular Future:

Thanks for reading the 136th issue of Molecular Future Weekly! This week, the AMA-DeFi special session was successfully concluded on the 28th. During the event, CMO Grig explained in detail the relevant information of the Molecular Future’s DeFi ecological application Mswap. In addition, the joint community event organized by Molecular Future and Binance came to an end on 30th. This event attracted tens of thousands of users to participate, and 126 of them took the lead in completing the “Check-In Acceleration” promotion.

Best Fund this week

XBTING Foundation ETF Fund (USDT)
Initial net worth (19 February, 2019) 1
Latest net worth (30 August, 2020) 1.5464
Total increase +54.6%

Keep up with Molecular Future

AMA-DeFi Special Session

The AMA-DeFi special session hosted by the CMO of Molecular Future ended successfully on August 28. In the interview, Grig shared his views on DeFi, Mswap, and the future path of Molecular Future in the DeFi field.

This AMA-DeFi special session was held on the WeChat group. The next AMA event will be launched on Telegram, so stay tuned!

Tech Development

APP

Released v2.6.2

Optimized the presentation of chat room module

MOS Financial Public Chain

Amount of nodes for this week is 500, and the TPS is stable at 110+

Started conducting block generation test

Mswap integrated for testing

Industry Information

CCB’s digital currency wallet is closed, and the recharger said that the payment has been returned early this morning

According to the news on August 30, CCB’s digital currency wallet was quickly shut down after being launched. It is reported that some trial users have stated that the funds charged into the digital currency wallet have been returned to their CCB card in the early hours of this morning, and the funds transferred with the digital currency wallet yesterday have been successfully transferred. The above-mentioned person told reporters that the transferred funds are the balance after the deduction of their transfers.

Several federal agencies such as FDA and the Treasury Department of the U.S. are experimenting with blockchain technology

Several federal agencies such as the U.S. Food and Drug Administration (FDA) and the U.S. Treasury Department have begun to use blockchain. Henry Francis, deputy research director of the FDA’s Center for Drug Evaluation and Research, has successfully developed a blockchain-based application that can automatically obtain encrypted data from many sources in real-time. In addition, the Financial Innovation and Transformation Office (FIT) of the Ministry of Finance is also experimenting with blockchain, with its first application for tracking mobile devices and the second application for software license management. FIT also worked with the National Science Foundation to test whether the use of blockchain can improve the grant payment process.

App Data Overview

Product introduction

Molecular Future is jointly invested by Molecular Group, Eagle Fund, Hong Kong Capital Fund, XBTING Foundation, HCASH Foundation, and Bank of China Capital. The platform uses stable and secure blockchain technology and connects with the world’s top financial quantification teams to provide users with efficient and convenient financial services.

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