BEIJING / ACCESSWIRE / August 24, 2018 / Unitopia lab, a Blockchain research lab of the well-known Chinese video game developer Electronic Soul, is pleased to announce its strategic partnership with Ultrain . Together, they aim to establish a presence in this new market and make Blockchain video games a household product.
It has been 10 years since Nakamoto released the world’s first Bitcoin white paper in 2008. In the past decade, Blockchain technology made great leaps and demonstrated its capability to create a paradigm shift and bring the Internet into a new era. In the future, Blockchain technology will become an irreplaceable part of our everyday lives.
The establishment of new technology is based on its integration with existing industries. Concluded by the analyses of a handful of experts, the combination between Blockchain technology and games are a match made in heaven, as the technology revolutionized the current video gaming network with its ability to resolve decentralization, patent, trust among users and data security issues.
The Unitopia lab, a non-profit frontier research organization focusing on Blockchain technology in China, was jointly established by Electronic Soul (Hangzhou) and Zhejiang University in September 2017. Unitopia gathered Blockchain experts for research & development, business application, and industrial strategic analysis, which offered guidance for entrepreneurs and promote the development of Blockchain technology. Since its inception, Unitopia has cooperated with Zhejiang Univerisity to hold Blockchain events, publish blockchain books, issue research reports, launch incubators, offer training services, and give technical lectures. As of now, Unitopia is recognized as an iconic research institution.
Unitopia lab understands the importance of Blockchain and its future potential, which motivated the team to actively look for a capable business partner. At the end of 2017, Ultrain team and Electronic Soul made initial contact and expressed enthusiasm for cooperation. As a representative of the next-generation Public Chain, Ultrain received strong support from international investors and was founded by several formal senior executives of internet technology tycoons such as Ant financial, Alibaba and 360. In terms of technical accomplishment, Ultrain proposed a new common consensus called R-POS, which can significantly improve the overall system performance in a decentralized environment, achieving over 20,000 TPS with a confirmation time of 10 seconds. Such consensus still has great potential for future improvements for better performance.
After a few months of discussion and negotiation, both parties officially became strategic partners. Going forward, they aim to establish a presence in this new Blockchain gaming market. Relying on Ultrain and its strong technical support, Unitopia lab will develop games that optimize the current generation of Blockchain games, which suffer from overly simplified designs, low performance, and lack of smooth transitions. Unitopia and Ultrain will change the current gaming experience for users, and satisfy gamer needs in all aspects.
The head of Unitopia & CEO of Electronic Soul Lei Qian stated, “ Ultrain has an impressive deep understanding of Blockchain technology and strong technical expertise, I am very glad to be collaborating with such a team.”
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