TOP Network and Haier join forces to promote the rapid implementation of “Blockchain+”

On June 24, TOP Network and Tianjin Haier Washing Electric Co., Ltd. formally signed a cooperation agreement. Both parties will use their respective resources to conduct extensive and in-depth cooperation in the blockchain business.

After reaching the cooperation, TOP Network and Haier will follow the principles of resource sharing and channel sharing, to learn from each other’s strengths, and jointly expand their respective businesses. In the blockchain field, TOP Network will use its technical advantages to empower Haier and establish Tianjin Haier Washing Machine as a model for benchmarking smart factories. The specific business of this cooperation mainly includes:

Partnership details

Both parties will conduct extensive resource sharing and channel sharing in the field of blockchain. TOP Network is in a leading position in the blockchain industry. Tianjin Haier Washing Electrical Appliance Co., Ltd. is a subsidiary of Haier Group, a Fortune 500 company. It enables Haier to implement Chinese smart manufacturing in the 5G era.

Through this cooperation, the two parties will jointly explore the application of blockchain technology in:

• Unmanned manufacturing scenarios
• Industrial park operation and maintenance
• Big data
• Factory and supply chain collaborative manufacturing
• Industrial federal digital models and several other scenarios

What is TOP Network?

TOP Network is a fourth-generation blockchain ecosystem. In 2019, TOP successfully achieved stateful sharding a full two years before Ethereum 2.0. The so-called stateful fragmentation refers to computational fragmentation, network fragmentation, and state fragmentation.

At the same time, the TOP chain also implements the three-layer expansion technology of Layer 0, Layer 1 to Layer 2, which supports elastic sharding and horizontal expansion. This technological breakthrough of the TOP chain ensures that blockchain capacity will no longer become a bottleneck and will help us land large scale applications. The TOP chain’s extremely high TPS (transaction throughput), security, and zero transaction fees are ideally suited for mass, high-frequency services such as communications, games, social networking, big data, artificial intelligence, and IoT.

Compared with other blockchain projects, TOP Network also has massive potential for on-chain traffic. At present, the TOP ecosystem already has landing applications such as Dingtone and CoverMe, with a combined user base of >100 million. The number of users of this magnitude is unique in the blockchain field.

About Haier

Haier Group was established in 1984 and is a large-scale home appliance brand in the world. Haier is no stranger to using disruptive technologies.

Haier Smart Home combines cutting-edge technologies such as artificial intelligence, blockchain, cloud computing, and big data to build a U+ open platform and provide real-life solutions for consumers worldwide. Before this, Haier had used distributed ledger technology to create projects such as the Haier Smart Contract Platform and Haier Clothing Network.

The Tianjin Haier Washing Electric Co., Ltd., is the 122nd factory and the 15th connected factory model established by Haier in the world. It is an outlet for Haier to implement. Chinese smart manufacturing in the 5G era. It is also the world’s first and only one interconnected factory compatible with the flexible production of pulsator and drum washing machines.

Widespread blockchain+ adoption

The cooperation between TOP Network and Haier is the perfect opportunity to show how the blockchain technology can help empower traditional enterprises and promote the implementation of “Blockchain+.”

TOP Network has been committed to promoting the large-scale implementation of “blockchain +.” In addition to planning to migrate Dingtone phone (Dingtone), CoverMe and other applications to the TOP chain, it is also actively promoting the implementation of other blockchain applications. Shortly after the TOP mainnet went online, the team launched HiWallet, the official blockchain wallet. TOP Network also formed a dedicated games division to develop truly large-scale blockchain games.

Besides this, using blockchain technology to empower traditional industries is one of TOP’s principal goals. TOP Network actively pays attention to hot projects such as 5G and new infrastructure. The combination of artificial intelligence, big data, IoT, and other technologies has extensively participated in the construction of these projects.

In 2019, President Xi Jinping emphasized the critical role of blockchain technology. “Blockchain+” has also become a significant trend in industrial development. This time, the cooperation between TOP Network and Haier is a positive response to the national call and a booster for the rapid adoption of “Blockchain+.”