Aelf Becomes The First Blockchain-Focused Organisation To Receive Certification From CESI !!
The China Electronics Standardization Institute (CESI) is one of the primary think tanks under the Ministry of Industry and Information Technology (MIIT). Founded in July 1963, China Electronic Standardization Institute (CESI for short) is a nonprofit institution directly under the MII. The main focus of CESI is on standardization, conformity assessment, and measurement activities in the field of electronic information technologies.
In the past couple of years, CESI has come out with a vision to introduce three blockchain standards on the smart contract, privacy, and deposits, in a bid to better guide the development of blockchain industry in the country.
As per an interview in 2018, Li Mining, the director of the blockchain research lab under the CESI, said that these blockchain standards would be association-based, rather than national standards which will be the basis for the development of national and international standards. He added that, by the end of next year, CESI would be releasing the standards.
Li Mining further pointed out that
“Basically, no blockchain standards have been introduced or implemented both at home and abroad. And the security issue on the blockchain is a relatively urgent problem that needs to be solved first.
This development is important from an enterprise perspective. It helps numerous organizations around the world to adopt, integrate and invest in quality government-certified blockchain projects, which allows them to improve the overall standard of the business they are running.
So far, CESI has certified only 30 projects globally, including Lenovo and Alipay.
Recently In a first, blockchain startup, Aelf was able to get themselves certified from this prestigious government institution.
After receiving the honors Aelf’s CEO and Founder, Ma Haobo stated,
“This certification shows the quality and core ability of not only our developers but our blockchain platform. It is designed to meet the strict quality large enterprises are given to expect, and indeed require, to ensure they can function at the performance their clients expect.”
He also went on to explain that this certification is something other governments should take notice of and employ to aid in their ever-evolving regulatory solutions.
ælf is a decentralized self-evolving cloud computing blockchain network that aims to provide a high-performance platform for commercial adoption of the blockchain.
To establish a blockchain infrastructure for various commercial requirements, ælf provides a highly efficient multi-chain parallel-processing system with cross-chain communication and self-evolving governance. It brings four key innovations:
1) Scalable nodes on a cluster of computers
2) Parallel processing for maximum utilization of processing power
3) Resource isolation for smart contracts via independent and specialized side chains
4) Interoperability to run on and flexibility to choose from different consensus protocols (DPoS — native, PoW, PoS) and private/public chain
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Aelf becomes the first blockchain-focused organisation to receive certification from CESI !! was originally published in Data Driven Investor on Medium, where people are continuing the conversation by highlighting and responding to this story.