Dear community members,

As it’s noticed recently, the remaining reserve in the main wallet of THEKEY project is less than 8% of the total supply (which is 800 million TKY) and it keeps dropping.

As stated in the New Year Message, this year witnesses a turning point of both blokchain and cryptocurrency industry and it’s also crucial for the further development of THEKEY. So in the past months, after intensive discussions with the team, we eventually reached the following consensus:

1. Part of the TKY reserve will be used to fuel further innovation and technology development of the Project;

2…

THEKEY Gained an Invention Patent on Blockchain Application

Long-term care insurance is another social insurance scheme in China in addition to medical insurance, endowment insurance, work injury insurance, unemployment insurance and maternity insurance. It mainly focuses on providing nursing services and pays for the costs associated with long-term care that is not covered by healthcare insurance, when the insured fails to perform some activities of daily living, gets sick in old age or deceases.

Implementation of long-term care insurance faces a number of problems, such as inconsistent rating standards for the aged, fraudulence and unfair behavior, hard to track the…

Dear THEKEY investors and community members,

The COVID-19 crisis sweeping the world this year has been a hammer blow for the global economy and people’s day-to-day life. However, a silver lining shouldn’t be disregarded during the unprecedented sluggish year that witnessed loads of desolation and desperation. The price of Bitcoin spirals inexorably since this October as I predicted in the interview dated back to September 15th, which gives an eloquent proof that the cryptocurrency as well as blochchain technology have earned sufficient recognition by the global market. More importantly, the stirring keynote speech delivered by Chairman Xi Jinping on blockchain…

THEKEY team wish everybody a merry Christmas!

THEKEY was granted invention patents of “Blockchain-based Fast Claim Settlement Method, Storage Medium and Equipment of Commercial Insurance” (Patent No. ZL 201910066425.5) and “Blockchain-based Multi-dimensional Data Survival Authentication Method, Storage Medium, Equipment and Invention” (Patent No. ZL 201910066422.1) by China National Intellectual Property Administration and obtained the national invention patent certificates in June and November respectively.

As a professional service organization in both big data and blockchain industry, THEKEY attaches great importance to technological innovation, which is believed to bring efficiency and high-quality services to the entire THEKEY ecosystem, and we have devoted to actively applying for invention patents and…

Back in 2014, the General Office of the State Council issued a document entitled “Opinions on Accelerating the Development of Commercial Health Insurance”, proposing to accelerate the development of commercial health insurance, encourage the government and medical institutions to cooperate with commercial insurance institutions, simplify the procedures for commercial insurance claims, and provide patients with fast settlement services. And at an executive meeting held by the State Council in July 2015, Premier Li Keqiang pointed out that the combination of social security and commercial insurance is a major innovation in the continuous deepening of medical reform.

THEKEY actively responded to…

–Collaboration with Kaifeng Branch of ICBC

In order to implement the “Guiding Opinions of the State Council on Actively Promoting the “Internet +” Action” ([2015] №40 Document of the State Council), the “Outline of Action for Promoting Big Data Development” ([2015] №50 Document of the State Council), “Internet + Renshe” 2020 Action Plan” ([2016] №105 Document of Ministry of Human Resource and Social Security of the PRC) and enable Kaifeng citizens to effectively enjoy the convenience of “Internet + medical insurance services”, THEKEY and the Kaifeng Branch of Industrial and Commercial Bank of China (ICBC) jointly undertook the construction of…

— says Yao Qian, Director of the Science and Technology Supervision Bureau of China Securities Regulatory Commission

Sina Finance, Luohan Academy and AntChain co-conducted an interview a couple of days ago with Yao Qian, Director of the Science and Technology Supervision Bureau of China Securities Regulatory Commission, who pointed out that Blockchain technology is expected to play an important role in the future by enabling Chinese citizens to acquire electronic certificates they need when paper certificates witnessing the dawn of its golden age. …

List of Top 100 Blockchain Application Enterprises of 2020

Of the 100 enterprises represented on the list, Ebaonet (the operation company of THEKEY) took a spot along with the most celebrated firms and banks such as the Bank of China, the Industrial and Commercial Bank of China, Alibaba Group, Tencent, and Huawei. This ranking was conducted by a renowned Chinese consulting company and internet media named Deben Consulting, ENET Research Institute, Ciweek,and was published on http://www.enet.com.cn/article/2020/0717/A202007171170883.html

Over the past year, the blockchain industry has witnessed the rise of digital currencies, the recognition of blockchain technology by many countries and the deeper discussions of the supervision of industry standards.

According…

First of all, we would like to thank GO (username: @MightyMaoMoonDog) from THEKEY official group for coming up with this comprehensive question list which involved the most frequently asked questions. Please find the answers as below.

Q1:Are all current government contracts with TKY still intact?

A1:100%

Q2: What % of progress has been made with the Blue Paper since its release?

A2:>50%. As we stated before, the project is developing in accordance with the milestones set in the Blue Paper, but there’s delay due to the COVID-19 pandemic. We’ll make announcements when there’s significant achievement made.

Q3: Has a decision…

TheKey

THEKEY is a blockchain based identity verification technology (IDV) being developed to create secure digital identities for the future.

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