Dear Community,
Thanks to all for participating in our TRIAS AMA. We really appreciate all your support. There were really good and thoughtful questions that were asked. For those who missed our AMA, this AMA recap is for you.
Introduction!
Manpreet – Hello @Kailing_Trias CryptoNationIN welcomes you 🤗. It’s our pleasure to have you for the AMA today 😃.
Kailing Bian – Hello Manpreet, Thanks for your invitation.
Manpreet – Let’s start with your introduction!
Kailing Bian – Sure. My name is Kailing Bian. I graduated from LSE with Master of science degree in management and strategy. My bachelor degress is in economics. I worked for Accenture, a top IT and management consulting company and after my consulting experience, I worked in the venture capital industry. I have helped more than 200 startups in their stealth business model and financing process. I joined Huobi Labs for investment and incubation. I also invested in crypto with my own fund before I cofounded Trias.
Manpreet – It looks like you’ve great education with great experience.
Kailing Bian – Thanks😊
Manpreet – Now, please introduce the TRIAS to the community.
Kailing Bian – Trias is a full-stack decentralized trusted cloud infrastructure and an enterprise-grade blockchain. It has integrated TEE(trusted execution environment) technology, cyber security, and graph computing algorithms as a combined blockchain solutions to ensure the correct execution of software.
Manpreet – Thanks for such a simple & crisp introduction.
Twitter Questions
Q1. Privacy is one of the most attractive elements that projects are trying to use to get more users and Investors, so TRIAS is able to provide private and anonimous transactions?
Kailing Bian – yeah. As for the privacy protection of blockchain, many people have a misconception that blockchain can better protect users’ privacy because of its anonymity. The reality is that user information on the blockchain is easier to track without proper methods and tools. So blockchain doesn’t automatically protect users’ privacy. On the contrary, all transaction information is on the chain, exposing users’ habits and even personal identities to the whole world.
As a result, blockchain requires more privacy protection than a real transaction system. Trias has developed a set of common privacy protection protocols based on its own innovative Trusted Execution Environment (TEE) and Zero-Knowledge proof scheme, which can support heterogeneous blockchain to achieve privacy protection functions. Trias focuses on anonymous payments, private transactions, privacy contracts, decentralized identity authentication, etc.
Q2. Collaborations and partnerships are some of the most important cornerstones to help improve adoption. Can you tell us about Trias current partners, plans for partnerships and what everybody stands to gain from these partnerships?
Kailing Bian – Yes. Collaborations and partnerships are really important for a project to get a more bigger development. Last year, we have partnered with many enterprises and projects, like CertiK, Soochow Securities, Eyes Protocols, and etc. Also we are collaborating with Mitsubishi, the development is going very well now.
In the next we will collaborate with some Defi projects to help them protect users’ privacy and transaction security.
Q3. Community support is one of the biggest aspects of a project’s success. Most projects have programs that interact with their users. Does you have any special plans to attract and expand the community and improve the user experience?
Kailing Bian – We have officially launched the Program of Global Ambassadors to To expand the global development. And more than 20 ambassadors from different countries were assembled to help expand Trias’ influence around the world.
And recently we set up Trias DAO, which is now a fully distributed autonomous community. In the future, we will give all the decision-making power to the community.
Q4. I read that TRIAS had one token before the one that you currently have, could you tell us what made you change token and what is the main differences between them? What was lacking on the old one that you felt the need of creating a new one?
Kailing Bian – Yeah. In order to adapt to the development trend of the current encryption market, we decided to adjust the economic model of the TRY token to better enable Trias ecology. Following the rules of Trias DAO, we submitted a proposal on TRY token economic model, which received a warm response from the community. According to the community vote, the proposal was approved by 94%. Trias has issued a new token, named “TRIAS”, instead of a TRY token. The smart contract address of the token has also be changed.
We have changed the total amount of our token has been reduced from 10,000,000,000 to 10,000,000. Reducing the total amount of tokens will help to reflect Trias’ value, help Trias community better transition to a more decentralized DAO governance model, and enable Trias to gather a group of core participants to make joint decisions and improve governance efficiency.
Q5. Can you tell about your listing plans? Especially the ones involving major exchanges, CEX and DEX. Are we to look forward to further Partnerships and what values would they bring?
Kailing Bian – It is worth mentioning that we are about to start liquidity mining and consider moving to BSC and HECO for better ecological development.
We are going to start liquidity mining next week. The initial yield on APY will be up to 100%~300%. After we move to BSC, we will also land on the first-tier exchanges and cooperate with more DEFI projects.
Telegram Questions
Q1. Trias Force now has 3 products, TriasForce Auditing, TriasForce Security, and TriasForce ERP, would you briefly explain use cases of personal users and also for enterprises of each?
Kailing Bian – TriasForce is our DSaaS product, which has been used in some enterprises already.
Empowered by the Trias blockchain technology, TriasForce aims to provide enterprise level DSaaS.
It ensures enterprises’ core data and critical services are secure and reliable. Now we have 3 modules: TF-Security, TF-Auditing, and TF-ERP, all of them solving the ‘trust issue’ in cloud computing.
A decentralized model can help in protecting the data ownership and makes sure that the value created can be distributed to the originators.
As a result, blockchain requires more privacy protection than a real transaction system. Trias has developed a set of common privacy protection protocols based on its own innovative Trusted Execution Environment (TEE) and Zero-Knowledge proof scheme, which can support heterogeneous blockchain to achieve privacy protection functions. Trias focuses on anonymous payments, private transactions, privacy contracts, decentralized identity authentication, etc.
present, Trias’ team is cooperating with many enterprises in different industries in China and overseas to help them develop and build blockchain based enterprise service software and series products.
As far as the current situation is concerned, most enterprises are potential consumers of DSaaS, because there is a great demand for blockchain application and enterprise management services.
Q2. Some DeFi projects were recently “hacked” as per their explanations. How do you think these recent events on other DeFi products affects the trust by users? What can Your Project do in order to ensure crypto enthusiasts that DeFi is safe and reliable?
Kailing Bian – As I said before, Trias was born for solve the problems of security and privacy.
Trias, a trustworthy and reliable intelligent autonomous systems, is to build a decentralized common platform for trusted computing to achieve a trusted software execution environment; and a set of decentralized auditable and traceable trusted software development operations and maintenance systems ensure that the software’s own behavior can be verified and traced. In the end, the correct all-platform hardware environment is guaranteed to implement the correct native application, achieving the security strength of Blockchain smart contract. Further, using the pass-through economic model, Trias drives the computing power and the software to operate in an ecologically healthy, orderly and safe manner, realizing the orderly scheduling of trusted software in the trusted execution environment, and finally achieving the trustworthy and reliable all-platform programming.
Q3. I am curious that the 3 layers that make TRIAS as a whole protocol have their own tokenomics and individual features. What kind of user would find best use in each?
Kailing Bian – Trias is composed of three layers: Leviatom, Prometh and MagCarta.
Leviatom is an integration of Trusted Execution Environments (TEEs) and Heterogeneous Consensus Graph, a graph computing algorithm similar to Hashgraph or DAGs. It can serve as the underlying ‘-1 layer’ for other public chains, including Ethereum and Hyperledger.
Prometh is a combination of formal verification and DevSecOps methodologies to achieve traceable and verifiable general-purpose software development.
MagCarta is a consensus-oriented programming paradigm to achieve embed and self-defined consensus strategy for high-order enterprise DApps.
All three layers, Leviatom, Prometh and MagCarta, have token economics.
Economics of Leviatom encourages the participation of computing devices, the operators of whom can gain rewards by acting as Executor, Monitor or Disseminator.
Economics of Prometh helps to identify possible malicious behavior implemented by a certain application as Developer, Builder and Security Checker can be rewarded.
Economics of MagCarta is the most dynamic one, with Trias Alliance (a production house for onchain development of DSaaS), Enterprises (who deploy the DSaaS), and Distributors (who stake to join as franchisees). A profit sharing pool and a buyback pool ensure participants to get reward, share profits, sustain ecosystem and encourages open-source community and developers.
Q4. Where it will be listing soon, dex or cex? And how will you get users from all over the world and what are the features of this project to invest in longterm, please explain.
Kailing Bian – Now our token TRIAS is listed on Kucoin. And we will list on Uniswap soon. And we also will launch on BSC and other DEX. We will also look for some centralized exchanges to go online in the future. In our opinion, both DEX and CEX have great prospects. They will coexist.
Q5. On moving forward through your roadmap, what are your most important next priorities? Does your team have enough fundamental (Funds, Community, ect) to achieve those milestones?
Kailing Bian – In our development, what we attach most importance to is community construction and communication, as well as the development of products and technologies. In addition, because we have many product use cases, we have sufficient funds. Unlike other projects, we do not completely rely on token for capital turnover. We now have sufficient funds for future development. I believe that in the near future, you will witness an important moment in Trias. So please keep an eye on us.
Thank you Kailing Bian (CSO) and Community for participating in the AMA. Have a nice day.
