Bi-weekly Report (12.22.2018~01.04.2019)

We provided the biweekly report on the M.I.T&TNB project to all the supporters, communities and followers.

M.I.T&TNB Development

1. Meteor technical research. And based on Meteor technology to develop the corresponding M.I.T — JS class libraries. The developed js class libraries described as follows: account.js, wallet.js, blocks.js, mitweb3.js, etc.

2. Develop js libraries related to M.I.T-PC wallet applications, such as observeBlocks.js, observeTokens.js, walletConnector.js, walletInterface.js and so on.

3. Share the relevant functions of the second phase of iterative development on the forum, including the following functions: support English version and provide single sign-on capabilities.

4. Develop M.I.T-PC wallet iterative-related functions. The functions included in the first phase of iterative development are as follows: The overall architecture is connected by M.I.T main network. Users can obtain the account list of the E-wallet, and can query the account balance and other information.

Actions

On December 26, 2018, TNB senior consultant Xiaowu Ji shared the 2019TNB strategic plan in the TNB community, gave important deployments in terms of both market improvement and technological change. Important deployments include the construction of super nodes, the global expansion of time trading platforms, the linking of DAPP scenarios, the comprehensive promotion of platform core concepts and popularity, and the optimization of main network technologies, etc. The precipitation and commitment of TNB indicate that as the leader of innovation practice in block chain field, TNB is pursuing the implementation of its ecological value and the gradual realization of the ultimate exploration.

The M.I.T Foundation decided to use the revenue from TNB ecological application MiaoA and related departments for the TNB repurchase and destruction on December 27, 2018. The amount of TNB need to be destroyed was 100 million pieces, accounting for about 2% of the total amount and accounting for about 5% of the total TNB in circulation. Since the issuance of TNB, the cumulative destruction has been 1,584,292,81.78, accounting for 26% of the total issuance. This move not only reduces the circulation of TNB, but also demonstrates TNB’s down-to-earth, efficient and rigorous team style.

ECO of M.I.T

From the “Nasdaq strategy of individual time” to the recently launched “ATTS” plan, the time sellers of MiaoA ecology have gradually attracted more valuable individuals from various fields compared with a single group of celebrities and stars. As the world’s first time economic sharing platform, MiaoA has been very pay attention to users’ feedback and suggestions. In order to give users a better experience, MiaoA plans to launch a new version in the near future. The new version is designed to further enhance the value-added operational architecture and is committed to providing investors with time consumption platform for convenient transaction, stable E-wallet and value-added security.

TNB Team

01/04/2019

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TNB is token that represents MiaoA International Timechain (M.I.T). That is dedicated to building a precision time-value based transmission network.

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