Blockchain World Chronicle | Dialogue with Busy: Building DAO Engine on Ethereum

What problems can be solved by deploying DAO on Ethereum?

At 17:00 on April 19th, Jinse Finance held a new issue of "Blockchain · World Chronicle", and invited Busy Co-Founder Robert to be a guest in the live broadcast room to discuss Busy's layout and innovation on the DAO track.

Robert said that there are still many problems in the field of freelance work, and these problems can only be solved by blockchain technology, such as centralization, censorship, quality problems, fraud, high fees, etc., Busy DAO is based on blockchain B2C/C2C industry solutions for elements such as chain technology, DeFi, Staking and NFT. We use value tokens to allow users to realize payment/transfer/governance/voting/staking/fraud prevention/communication/reward distribution/smart contracts/loans/leasing/NFT, etc. Users can participate in platform governance through Staking.

Guiyang Municipal Public Security Bureau will launch a security management cloud platform with the help of blockchain technology: Based on the advantages of big data, Guiyang Municipal Public Security Bureau has deeply cultivated the application of "smart security", strengthened supervision services, and created the "Guiyang City Security Management Cloud Platform". Will be online soon. The relevant person in charge of the Guiyang Security Association said that with the help of blockchain technology and the power of industry associations, the platform can achieve positive incentives for security guards. On the other hand, it can also allow the security pay to be quantitatively evaluated to a certain extent. (Guiyang Daily) [2020/9/18]

The Busy platform will be launched at the end of this year for all users. Before that, we will launch a beta version in Q3 this year. I believe that busy will be the first mainstream DAO platform to solve many practical problems.

The Harbin court used the blockchain electronic seal to investigate and deal with the real estate for the first time: On August 10, the Harbin Intermediate People's Court used the "electronic seal" for the first time to investigate and deal with a property involved in the case. It is understood that the electronic seal is an innovative application of blockchain technology in court hardware, which has the characteristics of eye-catching appearance, advanced technology, and intelligent application. (Northeast Network) [2020/8/11]

The following are the live broadcast details:

Wang Yukun: What is Busy?

Robert: Busy DAO is a B2C/C2C industry solution based on elements such as blockchain technology, DeFi, Staking, and NFT. Many new platforms based on the Busy DAO engine will show great advantages through smart contracts, such as fast speed, high scalability and no need for high fees. The project is committed to creating a global decentralized and unique ecosystem in the first stage, focusing on the ecosystem of global freelancers, competing with centralized giants through unique high-quality services and benefits.

Market | A-share opening: The blockchain sector rose slightly by 0.40%: A-shares opened, and the blockchain sector as a whole rose slightly by 0.40%. Among the 84 concept stocks, the top three gainers are: Youboxun (+2.95%), Aoto Electronics (+1.95%), Runhe Software (+1.88%); the top three decliners are: Zhongyuan shares (-5.87%), Zixin Pharmaceutical (-3.61%), Joyvio (-1.74%). [2018/10/15]

Wang Yukun: Who are the Busy team members?

Robert: Of course, our team has 8 members and the place of work is the Czech Republic. We have been working together for 1 year from the idea of the Busy project. In addition to the team, we also have a lot of consultants, which can help us expand the market. At the same time, we also have many strategic partners and investors, which bring us long-term and stable development. Our pre-sale has been completed and IDO will be held in 2 days.

Hailian Jinhui: Subsidiary and Beiqi Foton strategic cooperation, involving blockchain technology: Securities Times, April 08 News Hailian Jinhui (002537) announced on the evening of April 8 that the company's wholly-owned subsidiary UMF and Beiqi Foton has a strategic cooperation. The two parties intend to build a big data platform for the Internet of Vehicles through Internet technologies such as blockchain and big data, and develop auto finance business. [2018/4/8]

Wang Yukun: Why is the first phase of the product in the field of freelance work?

Robert: We believe that there are still many problems in the freelance work field, and these problems can only be solved by blockchain technology, such as centralization, censorship, quality problems, fraud, high fees, etc.

Wang Yukun: What is the project solution?

Robert: We firmly believe that the best solution is to allow users to decide their needs, rather than an intermediary, so we want to create such a DAO ecosystem. In Busy's solution, ecological users will conduct decentralized governance. Users will vote to decide the development of the platform and resolve disputes between users.

Wang Yukun: Can this solution solve the current problems in the freelance field?

Robert: Yes, there are many problems in the entire freelance industry at present, and these problems can be solved with Web3.0. Currently, there are many centralized platforms, but they all have the same problem: centralization and so on. Blockchain technology can solve this problem very well, and users can participate in the governance of the platform.

Wang Yukun: You are very supportive of the application capabilities of tokens. Why?

Robert: Yes, we disagree with tokens that have no use. The blockchain itself can enable valuable tokens, why not use it as much as possible? The value of our token is reflected in the entire ecosystem, not only our platform. Its use value includes: payment/transfer/governance/voting/staking/fraud prevention/communication/reward distribution/smart contract/loan/lease/NFT, etc. The main function is Staking, which allows users to participate in the governance of more platforms through Staking. The second function is that we can prevent fraud. This is a simple but interesting feature. Because any communication information will consume tokens, if it is fraudulent information, it will consume a lot of tokens. If it is a communication between two, then the same token will be exchanged.

Wang Yukun: When will the first Busy platform be launched?

Robert: The Busy platform will be launched by the end of this year for all users. But before that, we will launch a beta version in Q3. Early supporters can participate in reward activities. We will add multiple functions such as payment, lending and so on. There are still many things that need to be done, and once completed, we can usher in large-scale use.

Wang Yukun: Last question, what is Busy's future plan?

Robert: In the future, there will be many DAO platforms on the Busy platform, and these platforms will have many applications. We believe that many businesses will see the benefits and build solutions on Busy. At the same time, we also plan to build other platforms on Busy, some are Crypto-related, and some are mainstream-related applications. We firmly believe that busy will be the first DAO platform accepted by the mainstream, thus solving many practical and relevant problems.

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