aitos.io fetches both 1st place prize for new innovation group and outstanding potential award for industry proposition group

Thrilling news from 2022 Yangtze River Delta Blockchain Application Innovation Competition

On July 15th the 2022 Yangtze River Delta Blockchain Applications Innovation Competition finals and awards took place at the Shanghai Sciences Hall. Dovetailing the concept of technology integration and empowering industry, this competition magnifies typical boundaries of blockchain adoption by industry, explores use cases and perspectives on blockchain deployment in key fields of national digital economy development, and accelerates the nationwide blockchain ecosystem to strongly foster the digital transformation of society.

A total of 146 projects were registered for participation. The whole process, including registration, confirmation and judging, is conducted on blockchain. 31 teams were shortlisted and were then divided into 3 groups for the semi-finals. The application scenarios of the participating projects cover a wide range, and the feasible schemes are mainly proposed for the pain points of the industry. The hotly contested battle for innovation was fought between 12 top teams who entered the finals. The first, second and third prizes were awarded in the final on 15th, after the competition process of project roadshow, expert questions and defense scoring. The judges are representatives of experts in technology, industry and finance. aitos.io with the project “a trusted carbon digital infrastructure powered by BoAT Blockchain and IoT”, won the first prize in the Innovation group of the 2022 Yangtze River Delta Blockchain Application Innovation Competition.

One of the key highlights of this competition was Industry Proposition, which involved the four major sectors of "blockchain in energy", "blockchain in public services ", "blockchain in fintech" and "blockchain in carbon traceability". The industry Enterprise representatives raised "Proposition Composition", while teams submitted their "answer sheets". This procedure allowed outstanding teams to accurately match industrial application use cases and Institutional investors. The project, “a trusted carbon digital infrastructure powered by BoAT Blockchain and IoT” proposed by aitos.io helps construct technical infrastructure safely and reliably between different financial entities, and win Outstanding Potential Award for Industry Proposition Group.

Another highlight of this competition was the holding of a scientific & technological evaluation achievement display activity; during the on-site ceremony, aitos.io was awarded a “Science and Technology Evaluation Certificate” as a project finalist.

Finalist projects were awarded “Science and Technology Evaluation Certificate”, with aitos.io on the first left.

Regarding as a leading innovative player for the integration of IoT and Blockchain; the awards highlights the practical achievements and core competitiveness of aitos.io in the field of blockchain-enabled carbon neutrality, affirming accolades widely from the industry.

For the past 4 years, aitos.io has been laser-focused on the innovation of Blockchain and IoT fused technologies and has developed an open source blockchain application framework “BoAT” (Blockchain of AI Things) solution which is embedded into IoT devices. aitos.io continues to discover new channels to empower IoT terminals to achieve trusted data on-chain and access to blockchain services”. In 2019, aitos.io jointly founded the Blockchain IoT Module Alliance with domestic mainstream cellular module manufacturers. In 2020, aitos.io jointly initiated Blockchain SIG working group under the RISC-V Foundation. In 2021, aitos.io took the proactive approach of launching the first domestic industry and group standards for trusted blockchain access of IoT terminals. It is hoped that together with the industry ecosysmte partners, aitos.io will assist in building a trusted digital infrastructure for a potentially trillion-dollar IoT data marketplace.

Shanghai Blockchain Technology Association is a first-class association in charge of Shanghai Association for Science and Technology. It is registered in Shanghai Municipal Administration of Social Organizations and jointly initiated by National Technology Transfer East Center, Shanghai East Scientific and Technological Achievements Transformation Co., LTD, etc. Our mission: to promote the healthy, rapid and orderly development of blockchain technology, create a safe and efficient ecosystem of blockchain, and strive to contribute to the building of Shanghai into an outstanding global city and global center of scientific innovation. Our work: carry out technical research, organize technical training, formulate technical standards, provide technical consultation, application promotion, cooperation and exchange and other services.

About aitos.io

aitos.io is a technology start-up focusing on the integrated innovation of IoT and Blockchain. By combining its own rich resources in the IoT industry, aitos.io has raised the standard for an open-sourced blockchain application framework BoAT (Blockchain of AI Things) with delivered via IoT chipset and module to enable IoT devices quickly implement trusted data on-chain and access the blockchain services. At the end of 2019, aitos.io and nine mainstream cellular wireless module manufacturers jointly initiated the Blockchain IoT Module alliance, and successively released their own brands of BoAT blockchain module products. This resulted in hundreds of millions of IoT devices equipped with the capability of blockchain services access as a trusted entry of IoT+Blockchain application. aitos.io’s vision is to leverage an alliance of global IoT vendors to empower them to tap the value of applications and data.

At the beginning of the project launch in the end of 2018, aitos.io received angel investment from the IoT industry expert group and strategic investment from Wanxiang Blockchain. In December 2018, aitos.io was awarded membership into ARM Accelerator Camp. In June 2019, aitos.io emerged as the founding member of China Unicom IoT and Wanxiang Blockchain IoT+Blockchain Joint Innovation Center. In November, aitos.io became a empowerment partner of Microsoft’s AI and IoT Lab . In August 2020, aitos.io transitioned into Tencent’s Blockchain Accelerator program as the first member. In February 2021, aitos.io joined RISC-V International as strategic member and initiated to form new Blockchain SIG (special interest group). In April, aitos.io initiated 1st China technical requirements standards for trusted blockchain access of IoT terminals.

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