Due to the on-going COVID-19 pandemic, the entire crypto space including SINOVATE has experienced a quieter than usual period for new announcements. While this is likely to remain the case until the outbreak clears for others, we continue to work day in, day out to achieve our targets. Many exciting developments are on the horizon, making for an enthralling end of May and the month of June. The SINOVATE team sends its best wishes to our community and all of your loved ones during this difficult time. Please stay at home, follow the rules, and most importantly stay safe.

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ANNOUNCEMENTS & PARTNERSHIPS

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SINOVATE confirms Native Mobile Wallet release date

We are delighted to confirm that the SINOVATE Native Mobile Wallet will be released on 29.05.2020 across allplatforms. This release will come equipped with a wide range of fantastic features, including dark and light modes, Instant Send and receive functionality, SINOVATE Blockchain statistics, as well as the ability for users to import and export their private keys, thus always permitting complete control of funds.

Additional innovative features will be implemented in the near future, including SIN messenger, private direct messaging, SINANCE HODL earnings via the SINOVATE treasury funds, and mobile application data mining. Stay tuned for further details. Check out a sneak preview of our slick and stylish mobile wallethereAll development activities can be tracked via the SINOVATE Roadmap.We continue to reach all of our goals, despite the on-going challenging global conditions. Many thanks for your brilliant support.

COMMUNITY GROWTH & SOCIAL MEDIA

We continue to experience high growth across all social media and communication channels:

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Sinovate.io STATS

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ARTICLES & REVIEWS

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SINOVATE Incorruptible Data Storage, I.D.S.

SINOVATE Decentralized Cloud Storage article published

Learn about the fundamentals of SINOVATE’s custom-created decentralized cloud storage solution Incorruptible Data Storage (I.D.S.)This article explains the drawbacks of traditional cloud data storage services, and how the superior I.D.S. protocol aims to disrupt the market by providing exceptional safety, security, reliability, and accessibility yet to be witnessed. Furthermore, it also describes how I.D.S. encourages equality of earnings via a fully decentralized model at all times.

The Decentralized Cloud Storage article is accessible across multiple locations:

https://classifieds.usatoday.com/press/sinovate-experience-decentralized-cloud-storage/…
http://marketwatch.com/story/sinovate—experience-decentralized-cloud-storage-2020-05-13…
https://wrcbtv.com/story/42118417/inovate-experience-decentralized-cloud-storage…

DEVELOPMENT

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Released:

cc6ac57 Updated statspage.ui – hardwarewise.

d2cffc7 Explorer infinitynode stats has been added to t… – hardwarewise.

d1f1cd9 [backports] Finalised stub chain class integrat… – giaki3003.

bfeca79 Typo error fixed. – hardwarewise.

07e592a Some statistical information on the overview pa… – hardwarewise.

80be0b8 [backports] Start passing chain and client vari… – giaki3003.

3198e6e [backports] Added new internal error reporting fu… – giaki3003.

6f0ddab Fixed style errors on theme switch – randomDevSkillz.

037bbc8 Musig verification must build on good order – crptec.

ae8468e Registered LockReward onchain – crptec.

a08ec4b Changed app icon – randomDevSkillz.

5aa3d6a Added max amount function – randomDevSkillz.

023c91d Changed version numbers – randomDevSkillz.

0bc39d0 The Send coins page has been reorganized. – hardwarewise.

57c432a TimeLock tab is activated. – hardwarewise.

078a788 “Interest List” has been added to Infinitynode … – hardwarewise.

1b43fbf On the send screen, the display distortion caus… – hardwarewise.

1d06747 Visual improvements were made on depositcoinspa… – hardwarewise.

a2eb4c9 Added verify signature – crptec.

dce45fd Removed ix – crptec.

fdc8abc [logging] Made space for new IN logging categories – giaki3003.

52dd3c7 [trivial] Added new devfee params to test/final/r… – giaki3003.

5255229 Fixed bug on mnemonic check – randomDevSkillz.

0f5819f Set ban condition, rewardHeight in communicatio… – crptec.

dfda330 Verified signature last part – crptec.

7e86cf3 Minor fixes – hardwarewise.

035063a Reverted “Merge branch ‘qt-gui-tests’ of https://… – hardwarewise.

9480cf2 Added missing files – randomDevSkillz.

a2fd0b9 Reduced size when bundling for release – randomDevSkillz.

ded6804 Changed logic of appstate – randomDevSkillz.

50584a4 Made max amount more strict – randomDevSkillz.

1087b07 The Stats page has been revised. – hardwarewise.

a6461ec QT version updated 5.9.6 to 5.9.9 and added SVG… – hardwarewise.

da0fe7b Fixed bottom tab bug – randomDevSkillz.

7e7b84d Changed statspage images to SVG – hardwarewise.

In progress:

Infinity Node 1.0

  • Revolution of node structures.
    • Pure new custom code.
    • Deterministic Infinity Node infrastructure.
    • Schnorr Signatures.
    • Double run in mainnet.
  • Native mobile wallets.
  • setUP VPS hosting.

I.D.S. — Step 1

• Incorruptible Data Storage.
• SIN Messenger (Decentralized Direct Messaging).
• Blockchain-based Electronic Mail.

Monthly Update

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Our latest Monthly Report can be accessed on Medium:

April 2020 Monthly Report Medium

FINANCIAL STATEMENT

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The latest Financial Statement is also available to view:

April 2020 Financial Statement Medium

Join us and stay tuned for all forthcoming updates via our website and social media platforms:

WebsiteDiscord . Telegram . Bitcointalk . Twitter . Facebook .Linkedin. Team.YouTube.Reddit.Instagram.

Author:Amit Kaushal